D.R. FRESH: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
D.R. FRESH
Largest movements
- Tangible fixed assets +€270,659
up €270,659 (+70.1%), from €385,873 to €656,532
of which Land and buildings: +€313,961
- Cash -€187,578
down €187,578 (-60.2%), from €311,786 to €124,208
mainly Investment in fixed assets (net) (-€336,000) and Contributions, distributions and other (-€300,000)
- Receivables within one year -€11,960
down €11,960 (-4.4%), from €272,725 to €260,765
of which Trade receivables: -€16,264
- Contributions -€300,000
down €300,000 (-60.0%), from €500,000 to €200,000
- Other debts +€300,000
up €300,000 (+150%), from €200,000 to €500,000
- Trade debts +€60,094
up €60,094 (+2,695%), from €2,230 to €62,324
- Reserves +€11,688
up €11,688 (+4.8%), from €244,774 to €256,462
of which Distributable reserves: +€11,688
- Gross operating margin +€27,031
up €27,031 (+23.5%), from €115,059 to €142,090
- Depreciation +€18,852
up €18,852 (+40.5%), from €46,490 to €65,341
- Other operating charges -€2,346
down €2,346 (-3.7%), from €63,522 to €61,176
- Taxes +€2,334
up €2,334 (+153%), from €1,522 to €3,856
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €975,351 | €1,046,544 | +€71,193 | +7.3% |
| Fixed assets | 21/28 | €385,873 | €656,532 | +€270,659 | +70.1% |
| Tangible fixed assets | 22/27 | €385,873 | €656,532 | +€270,659 | +70.1% |
| Land and buildings | 22 | €227,194 | €541,155 | +€313,961 | +138% |
| Plant, machinery and equipment | 23 | €158,679 | €115,377 | -€43,303 | -27.3% |
| Current assets | 29/58 | €589,478 | €390,012 | -€199,466 | -33.8% |
| Amounts receivable within one year | 40/41 | €272,725 | €260,765 | -€11,960 | -4.4% |
| Trade receivables | 40 | €268,044 | €251,780 | -€16,264 | -6.1% |
| Other amounts receivable | 41 | €4,681 | €8,985 | +€4,303 | +91.9% |
| Cash at bank and in hand | 54/58 | €311,786 | €124,208 | -€187,578 | -60.2% |
| Deferred charges and accrued income | 490/1 | €4,967 | €5,040 | +€72 | +1.5% |
| Total equity and liabilities | 10/49 | €975,351 | €1,046,544 | +€71,193 | +7.3% |
| Equity | 10/15 | €744,774 | €456,462 | -€288,312 | -38.7% |
| Contributions | 10/11 | €500,000 | €200,000 | -€300,000 | -60.0% |
| Capital | 10 | €500,000 | €200,000 | -€300,000 | -60.0% |
| Issued capital | 100 | €500,000 | €200,000 | -€300,000 | -60.0% |
| Reserves | 13 | €244,774 | €256,462 | +€11,688 | +4.8% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €174,363 | €174,363 | = | 0.0% |
| Distributable reserves | 133 | €20,411 | €32,100 | +€11,688 | +57.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €230,578 | €590,082 | +€359,504 | +156% |
| Amounts payable within one year | 42/48 | €203,430 | €562,324 | +€358,894 | +176% |
| Trade debts | 44 | €2,230 | €62,324 | +€60,094 | +2,695% |
| Suppliers | 440/4 | €2,230 | €62,324 | +€60,094 | +2,695% |
| Taxes, remuneration and social security | 45 | €1,200 | €0 | -€1,200 | -100% |
| Taxes | 450/3 | €1,200 | €0 | -€1,200 | -100% |
| Other amounts payable | 47/48 | €200,000 | €500,000 | +€300,000 | +150% |
| Accrued charges and deferred income | 492/3 | €27,148 | €27,758 | +€610 | +2.2% |
| Remuneration, social security and pensions | 62 | €540 | €0 | -€540 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,490 | €65,341 | +€18,852 | +40.5% |
| Other operating charges | 640/8 | €63,522 | €61,176 | -€2,346 | -3.7% |
| Gross operating margin | 9900 | €115,059 | €142,090 | +€27,031 | +23.5% |
| Operating profit (loss) | 9901 | €4,508 | €15,573 | +€11,065 | +245% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €124 | €29 | -€96 | -77.0% |
| Recurring financial charges | 65 | €124 | €29 | -€96 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | €4,384 | €15,545 | +€11,160 | +255% |
| Income taxes | 67/77 | €1,522 | €3,856 | +€2,334 | +153% |
| Profit (loss) for the period | 9904 | €2,862 | €11,688 | +€8,826 | +308% |
| Profit (loss) for the period to be appropriated | 9905 | €2,862 | €11,688 | +€8,826 | +308% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.