DEN DRIES: 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.
DEN DRIES
Largest movements
- Tangible fixed assets -€6,720
down €6,720 (-3.4%), from €195,793 to €189,072
of which Land and buildings: -€6,720
- Debts after one year -€28,076
down €28,076 (-18.1%), from €155,547 to €127,471
- Other debts +€20,834
up €20,834 (+21.1%), from €98,688 to €119,521
- Profit (loss) carried forward -€19,730
down €19,730 (-21.6%), from -€91,544 to -€111,274
- Current portion of long-term debt +€14,051
up €14,051 (+138%), from €10,218 to €24,269
- Trade debts +€7,011
new in 2025: €7,011
- Gross operating margin -€23,529
down €23,529, from €16,804 to -€6,725
- Other operating charges +€1,702
new in 2025: €1,702
- Staff costs -€1,572
no longer reported in 2025 (was €1,572)
- Financial charges -€398
down €398 (-8.0%), from €4,981 to €4,583
- Depreciation -€259
down €259 (-3.7%), from €6,979 to €6,720
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 | €195,921 | €190,010 | -€5,911 | -3.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €195,793 | €189,072 | -€6,720 | -3.4% |
| Tangible fixed assets | 22/27 | €195,793 | €189,072 | -€6,720 | -3.4% |
| Land and buildings | 22 | €195,793 | €189,072 | -€6,720 | -3.4% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €128 | €938 | +€810 | +632% |
| Amounts receivable within one year | 40/41 | - | €796 | +€796 | |
| Other amounts receivable | 41 | - | €796 | +€796 | |
| Cash at bank and in hand | 54/58 | €128 | €142 | +€14 | +10.6% |
| Total equity and liabilities | 10/49 | €195,921 | €190,010 | -€5,911 | -3.0% |
| Equity | 10/15 | -€68,532 | -€88,262 | -€19,730 | -28.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,412 | €4,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €552 | €552 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,544 | -€111,274 | -€19,730 | -21.6% |
| Amounts payable | 17/49 | €264,453 | €278,272 | +€13,819 | +5.2% |
| Amounts payable after more than one year | 17 | €155,547 | €127,471 | -€28,076 | -18.1% |
| Financial debts | 170/4 | €155,547 | €127,471 | -€28,076 | -18.1% |
| Amounts payable within one year | 42/48 | €108,905 | €150,801 | +€41,896 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €10,218 | €24,269 | +€14,051 | +138% |
| Trade debts | 44 | - | €7,011 | +€7,011 | |
| Suppliers | 440/4 | - | €7,011 | +€7,011 | |
| Other amounts payable | 47/48 | €98,688 | €119,521 | +€20,834 | +21.1% |
| Remuneration, social security and pensions | 62 | €1,572 | - | -€1,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,979 | €6,720 | -€259 | -3.7% |
| Other operating charges | 640/8 | - | €1,702 | +€1,702 | |
| Gross operating margin | 9900 | €16,804 | -€6,725 | -€23,529 | |
| Operating profit (loss) | 9901 | €8,253 | -€15,147 | -€23,400 | |
| Financial charges | 65/66B | €4,981 | €4,583 | -€398 | -8.0% |
| Recurring financial charges | 65 | €4,981 | €4,583 | -€398 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €3,272 | -€19,730 | -€23,002 | |
| Profit (loss) for the period | 9904 | €3,272 | -€19,730 | -€23,002 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,272 | -€19,730 | -€23,002 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.