DIDIER DRAGONETTI: 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.
DIDIER DRAGONETTI
Largest movements
- Receivables within one year +€17,551
up €17,551 (+1,331%), from €1,318 to €18,869
of which Trade receivables: +€17,115
- Tangible fixed assets -€8,238
down €8,238 (-24.9%), from €33,104 to €24,866
of which Furniture and vehicles: -€7,304
- Other debts +€20,779
up €20,779 (+26.2%), from €79,428 to €100,208
- Reserves -€7,755
down €7,755 (-10.9%), from €71,302 to €63,547
- Debts after one year -€4,736
down €4,736 (-29.2%), from €16,217 to €11,481
- Gross operating margin +€11,499
up €11,499 (+52.0%), from €22,097 to €33,596
- Taxes +€2,804
up €2,804 (+68.6%), from €4,087 to €6,891
- Depreciation +€1,147
up €1,147 (+16.2%), from €7,092 to €8,238
- Financial income +€621
up €621 (+139%), from €446 to €1,067
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 | €190,166 | €198,134 | +€7,968 | +4.2% |
| Fixed assets | 21/28 | €33,104 | €24,866 | -€8,238 | -24.9% |
| Tangible fixed assets | 22/27 | €33,104 | €24,866 | -€8,238 | -24.9% |
| Plant, machinery and equipment | 23 | €2,711 | €1,776 | -€934 | -34.5% |
| Furniture and vehicles | 24 | €30,393 | €23,089 | -€7,304 | -24.0% |
| Current assets | 29/58 | €157,062 | €173,268 | +€16,206 | +10.3% |
| Amounts receivable within one year | 40/41 | €1,318 | €18,869 | +€17,551 | +1,331% |
| Trade receivables | 40 | €1,272 | €18,386 | +€17,115 | +1,346% |
| Other amounts receivable | 41 | €46 | €483 | +€436 | +941% |
| Cash at bank and in hand | 54/58 | €155,322 | €153,980 | -€1,342 | -0.9% |
| Deferred charges and accrued income | 490/1 | €421 | €419 | -€2 | -0.6% |
| Total equity and liabilities | 10/49 | €190,166 | €198,134 | +€7,968 | +4.2% |
| Equity | 10/15 | €85,159 | €76,571 | -€8,588 | -10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,302 | €63,547 | -€7,755 | -10.9% |
| Distributable reserves | 133 | €71,302 | €63,547 | -€7,755 | -10.9% |
| Profit (loss) carried forward | 14 | €7,657 | €6,824 | -€833 | -10.9% |
| Amounts payable | 17/49 | €105,007 | €121,563 | +€16,556 | +15.8% |
| Amounts payable after more than one year | 17 | €16,217 | €11,481 | -€4,736 | -29.2% |
| Financial debts | 170/4 | €16,217 | €11,481 | -€4,736 | -29.2% |
| Amounts payable within one year | 42/48 | €87,740 | €109,032 | +€21,292 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €4,524 | €4,736 | +€212 | +4.7% |
| Trade debts | 44 | €2,433 | €1,968 | -€465 | -19.1% |
| Suppliers | 440/4 | €2,433 | €1,968 | -€465 | -19.1% |
| Taxes, remuneration and social security | 45 | €1,356 | €2,121 | +€765 | +56.5% |
| Taxes | 450/3 | €1,356 | €2,121 | +€765 | +56.5% |
| Other amounts payable | 47/48 | €79,428 | €100,208 | +€20,779 | +26.2% |
| Accrued charges and deferred income | 492/3 | €1,050 | €1,050 | = | 0.0% |
| Non-recurring operating income | 76A | €5,510 | €0 | -€5,510 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,092 | €8,238 | +€1,147 | +16.2% |
| Other operating charges | 640/8 | €304 | €144 | -€160 | -52.5% |
| Gross operating margin | 9900 | €22,097 | €33,596 | +€11,499 | +52.0% |
| Operating profit (loss) | 9901 | €14,701 | €25,214 | +€10,512 | +71.5% |
| Financial income | 75/76B | €446 | €1,067 | +€621 | +139% |
| Recurring financial income | 75 | €446 | €1,067 | +€621 | +139% |
| Financial charges | 65/66B | €1,067 | €1,036 | -€32 | -3.0% |
| Recurring financial charges | 65 | €1,067 | €1,036 | -€32 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €14,080 | €25,245 | +€11,165 | +79.3% |
| Income taxes | 67/77 | €4,087 | €6,891 | +€2,804 | +68.6% |
| Profit (loss) for the period | 9904 | €9,992 | €18,354 | +€8,362 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,992 | €18,354 | +€8,362 | +83.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.