DR Andlauer: 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.
DR Andlauer
Largest movements
- Current investments -€215,081
down €215,081 (-64.5%), from €333,394 to €118,312
- Tangible fixed assets -€19,109
down €19,109 (-28.9%), from €66,213 to €47,104
- Cash -€10,941
down €10,941 (-30.6%), from €35,723 to €24,783
mainly Contributions, distributions and other (-€336,200) and Other debts (-€53,397)
- Profit (loss) carried forward -€129,338
down €129,338 (-32.5%), from €397,910 to €268,572
- Other debts -€53,397
down €53,397 (-84.9%), from €62,886 to €9,489
- Tax, wage and social debts -€52,515
down €52,515 (-85.7%), from €61,282 to €8,767
- Current portion of long-term debt -€7,377
down €7,377 (-57.7%), from €12,781 to €5,404
- Gross operating margin +€22,168
up €22,168 (+8.3%), from €266,268 to €288,436
- Taxes +€5,421
up €5,421 (+9.1%), from €59,541 to €64,962
- Financial income -€3,907
down €3,907 (-44.7%), from €8,738 to €4,831
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 | €543,370 | €296,740 | -€246,630 | -45.4% |
| Fixed assets | 21/28 | €66,213 | €47,104 | -€19,109 | -28.9% |
| Tangible fixed assets | 22/27 | €66,213 | €47,104 | -€19,109 | -28.9% |
| Furniture and vehicles | 24 | €66,213 | €47,104 | -€19,109 | -28.9% |
| Current assets | 29/58 | €477,157 | €249,637 | -€227,520 | -47.7% |
| Current investments | 50/53 | €333,394 | €118,312 | -€215,081 | -64.5% |
| Cash at bank and in hand | 54/58 | €35,723 | €24,783 | -€10,941 | -30.6% |
| Deferred charges and accrued income | 490/1 | €108,040 | €106,542 | -€1,498 | -1.4% |
| Total equity and liabilities | 10/49 | €543,370 | €296,740 | -€246,630 | -45.4% |
| Equity | 10/15 | €400,410 | €271,072 | -€129,338 | -32.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €397,910 | €268,572 | -€129,338 | -32.5% |
| Amounts payable | 17/49 | €142,960 | €25,668 | -€117,292 | -82.0% |
| Amounts payable after more than one year | 17 | €5,404 | - | -€5,404 | |
| Financial debts | 170/4 | €5,404 | - | -€5,404 | |
| Amounts payable within one year | 42/48 | €137,556 | €25,668 | -€111,887 | -81.3% |
| Current portion of amounts payable after more than one year | 42 | €12,781 | €5,404 | -€7,377 | -57.7% |
| Trade debts | 44 | €606 | €2,008 | +€1,402 | +231% |
| Suppliers | 440/4 | €606 | €2,008 | +€1,402 | +231% |
| Taxes, remuneration and social security | 45 | €61,282 | €8,767 | -€52,515 | -85.7% |
| Taxes | 450/3 | €61,282 | €8,767 | -€52,515 | -85.7% |
| Other amounts payable | 47/48 | €62,886 | €9,489 | -€53,397 | -84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,424 | €20,589 | +€165 | +0.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €75 | - | -€75 | |
| Gross operating margin | 9900 | €266,268 | €288,436 | +€22,168 | +8.3% |
| Operating profit (loss) | 9901 | €245,382 | €267,447 | +€22,065 | +9.0% |
| Financial income | 75/76B | €8,738 | €4,831 | -€3,907 | -44.7% |
| Recurring financial income | 75 | €8,738 | €4,831 | -€3,907 | -44.7% |
| Financial charges | 65/66B | €734 | €454 | -€280 | -38.1% |
| Recurring financial charges | 65 | €734 | €454 | -€280 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €253,386 | €271,824 | +€18,438 | +7.3% |
| Income taxes | 67/77 | €59,541 | €64,962 | +€5,421 | +9.1% |
| Profit (loss) for the period | 9904 | €193,844 | €206,862 | +€13,018 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €193,844 | €206,862 | +€13,018 | +6.7% |
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 14 October 2026 via checked.be.