Dieter Dragon: 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.
Dieter Dragon
Largest movements
- Cash +€18,094
new in 2025: €18,094
mainly Net result for the year (+€21,725) and Depreciation (+€10,099)
- Tangible fixed assets -€10,099
down €10,099 (-5.9%), from €170,306 to €160,206
of which Land and buildings: -€7,472
- Receivables within one year +€6,615
up €6,615 (+47.0%), from €14,089 to €20,704
of which Trade receivables: +€6,343
- Reserves +€21,725
up €21,725 (+76.2%), from €28,503 to €50,228
- Debts after one year -€11,138
down €11,138 (-7.8%), from €142,454 to €131,317
- Tax, wage and social debts +€4,668
new in 2025: €4,668
- Gross operating margin +€26,740
up €26,740 (+140%), from €19,049 to €45,789
- Taxes +€7,733
up €7,733 (+4,921%), from €157 to €7,890
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 | €185,907 | €201,195 | +€15,288 | +8.2% |
| Fixed assets | 21/28 | €170,306 | €160,206 | -€10,099 | -5.9% |
| Tangible fixed assets | 22/27 | €170,306 | €160,206 | -€10,099 | -5.9% |
| Land and buildings | 22 | €167,268 | €159,796 | -€7,472 | -4.5% |
| Plant, machinery and equipment | 23 | €199 | - | -€199 | |
| Furniture and vehicles | 24 | €2,838 | €410 | -€2,428 | -85.5% |
| Current assets | 29/58 | €15,601 | €40,989 | +€25,388 | +163% |
| Amounts receivable within one year | 40/41 | €14,089 | €20,704 | +€6,615 | +47.0% |
| Trade receivables | 40 | €9,366 | €15,708 | +€6,343 | +67.7% |
| Other amounts receivable | 41 | €4,724 | €4,996 | +€273 | +5.8% |
| Cash at bank and in hand | 54/58 | - | €18,094 | +€18,094 | |
| Deferred charges and accrued income | 490/1 | €1,512 | €2,190 | +€678 | +44.9% |
| Total equity and liabilities | 10/49 | €185,907 | €201,195 | +€15,288 | +8.2% |
| Equity | 10/15 | €30,503 | €52,228 | +€21,725 | +71.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €28,503 | €50,228 | +€21,725 | +76.2% |
| Distributable reserves | 133 | €28,503 | €50,228 | +€21,725 | +76.2% |
| Amounts payable | 17/49 | €155,404 | €148,967 | -€6,437 | -4.1% |
| Amounts payable after more than one year | 17 | €142,454 | €131,317 | -€11,138 | -7.8% |
| Financial debts | 170/4 | €142,454 | €131,317 | -€11,138 | -7.8% |
| Amounts payable within one year | 42/48 | €12,949 | €17,650 | +€4,701 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €10,935 | €11,138 | +€203 | +1.9% |
| Financial debts | 43 | €793 | - | -€793 | |
| Credit institutions | 430/8 | €793 | - | -€793 | |
| Trade debts | 44 | €1,222 | €1,844 | +€622 | +50.9% |
| Suppliers | 440/4 | €1,222 | €1,844 | +€622 | +50.9% |
| Taxes, remuneration and social security | 45 | - | €4,668 | +€4,668 | |
| Taxes | 450/3 | - | €4,668 | +€4,668 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,400 | €10,099 | -€300 | -2.9% |
| Other operating charges | 640/8 | €1,715 | €1,933 | +€218 | +12.7% |
| Gross operating margin | 9900 | €19,049 | €45,789 | +€26,740 | +140% |
| Operating profit (loss) | 9901 | €6,934 | €33,756 | +€26,822 | +387% |
| Financial income | 75/76B | €2 | €134 | +€132 | +5,588% |
| Recurring financial income | 75 | €2 | €134 | +€132 | +5,588% |
| Financial charges | 65/66B | €4,691 | €4,276 | -€416 | -8.9% |
| Recurring financial charges | 65 | €4,691 | €4,276 | -€416 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €2,246 | €29,615 | +€27,369 | +1,219% |
| Income taxes | 67/77 | €157 | €7,890 | +€7,733 | +4,921% |
| Profit (loss) for the period | 9904 | €2,089 | €21,725 | +€19,636 | +940% |
| Profit (loss) for the period to be appropriated | 9905 | €2,089 | €21,725 | +€19,636 | +940% |
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 21 October 2026 via checked.be.