DEN DROSSAERD: 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 DROSSAERD
Largest movements
- Cash +€15,764
up €15,764 (+18.4%), from €85,594 to €101,358
mainly Net result for the year (+€17,151) and Depreciation (+€7,156)
- Tangible fixed assets +€10,757
up €10,757 (+75.9%), from €14,165 to €24,922
of which Furniture and vehicles: +€8,884
- Reserves +€17,151
up €17,151 (+23.6%), from €72,654 to €89,805
- Trade debts +€5,480
up €5,480 (+150%), from €3,653 to €9,133
- Tax, wage and social debts +€2,373
up €2,373 (+36.1%), from €6,565 to €8,938
of which Taxes: +€2,128
- Gross operating margin +€6,581
up €6,581 (+15.7%), from €41,896 to €48,476
- Staff costs -€6,096
down €6,096 (-31.1%), from €19,606 to €13,509
- Depreciation +€3,044
up €3,044 (+74.0%), from €4,112 to €7,156
- Taxes +€2,185
up €2,185 (+40.9%), from €5,337 to €7,522
- Financial income -€1,527
down €1,527 (-96.9%), from €1,576 to €50
of which Non-recurring financial income: -€1,450
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 | €105,667 | €130,327 | +€24,659 | +23.3% |
| Fixed assets | 21/28 | €14,365 | €25,122 | +€10,757 | +74.9% |
| Tangible fixed assets | 22/27 | €14,165 | €24,922 | +€10,757 | +75.9% |
| Land and buildings | 22 | €1,132 | €117 | -€1,015 | -89.7% |
| Plant, machinery and equipment | 23 | €6,523 | €10,071 | +€3,548 | +54.4% |
| Furniture and vehicles | 24 | €175 | €9,060 | +€8,884 | +5,064% |
| Other tangible fixed assets | 26 | €6,335 | €5,675 | -€660 | -10.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €91,302 | €105,205 | +€13,902 | +15.2% |
| Stocks and contracts in progress | 3 | €3,116 | €2,285 | -€831 | -26.7% |
| Stocks | 30/36 | €3,116 | €2,285 | -€831 | -26.7% |
| Amounts receivable within one year | 40/41 | €2,055 | €1,562 | -€493 | -24.0% |
| Other amounts receivable | 41 | €2,055 | €1,562 | -€493 | -24.0% |
| Cash at bank and in hand | 54/58 | €85,594 | €101,358 | +€15,764 | +18.4% |
| Deferred charges and accrued income | 490/1 | €537 | - | -€537 | |
| Total equity and liabilities | 10/49 | €105,667 | €130,327 | +€24,659 | +23.3% |
| Equity | 10/15 | €91,254 | €108,405 | +€17,151 | +18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,654 | €89,805 | +€17,151 | +23.6% |
| Distributable reserves | 133 | €72,654 | €89,805 | +€17,151 | +23.6% |
| Amounts payable | 17/49 | €14,413 | €21,922 | +€7,508 | +52.1% |
| Amounts payable within one year | 42/48 | €14,413 | €21,922 | +€7,508 | +52.1% |
| Trade debts | 44 | €3,653 | €9,133 | +€5,480 | +150% |
| Suppliers | 440/4 | €3,653 | €9,133 | +€5,480 | +150% |
| Taxes, remuneration and social security | 45 | €6,565 | €8,938 | +€2,373 | +36.1% |
| Taxes | 450/3 | €4,123 | €6,252 | +€2,128 | +51.6% |
| Remuneration and social security | 454/9 | €2,442 | €2,686 | +€244 | +10.0% |
| Other amounts payable | 47/48 | €4,196 | €3,851 | -€345 | -8.2% |
| Non-recurring operating income | 76A | - | €1,653 | +€1,653 | |
| Remuneration, social security and pensions | 62 | €19,606 | €13,509 | -€6,096 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,112 | €7,156 | +€3,044 | +74.0% |
| Other operating charges | 640/8 | €1,721 | €1,687 | -€34 | -2.0% |
| Gross operating margin | 9900 | €41,896 | €48,476 | +€6,581 | +15.7% |
| Operating profit (loss) | 9901 | €16,456 | €26,124 | +€9,667 | +58.7% |
| Financial income | 75/76B | €1,576 | €50 | -€1,527 | -96.9% |
| Recurring financial income | 75 | €126 | €50 | -€77 | -60.8% |
| Non-recurring financial income | 76B | €1,450 | - | -€1,450 | |
| Financial charges | 65/66B | €1,253 | €1,500 | +€247 | +19.7% |
| Recurring financial charges | 65 | €1,253 | €1,500 | +€247 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €16,780 | €24,673 | +€7,893 | +47.0% |
| Income taxes | 67/77 | €5,337 | €7,522 | +€2,185 | +40.9% |
| Profit (loss) for the period | 9904 | €11,443 | €17,151 | +€5,708 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,443 | €17,151 | +€5,708 | +49.9% |
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 18 October 2026 via checked.be.