DR-ART: 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-ART
Largest movements
- Receivables within one year +€2,842
up €2,842 (+327.8%), from €867 to €3,709
of which Other amounts receivable: +€3,120
- Stocks and contracts -€2,803
down €2,803 (-11.9%), from €23,546 to €20,743
- Reserves +€4,241
up €4,241 (+31.7%), from €13,372 to €17,613
- Other debts -€3,574
no longer reported in 2025 (was €3,574)
- Gross operating margin +€39,054
up €39,054, from -€33,592 to €5,462
- Depreciation -€4,190
down €4,190 (-95.1%), from €4,405 to €216
- Taxes +€413
up €413 (+193.9%), from €213 to €626
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,649 | €56,915 | +€267 | +0.5% |
| Fixed assets | 21/28 | €216 | - | -€216 | |
| Intangible fixed assets | 21 | €216 | - | -€216 | |
| Current assets | 29/58 | €56,433 | €56,915 | +€482 | +0.9% |
| Stocks and contracts in progress | 3 | €23,546 | €20,743 | -€2,803 | -11.9% |
| Stocks | 30/36 | €23,546 | €20,743 | -€2,803 | -11.9% |
| Amounts receivable within one year | 40/41 | €867 | €3,709 | +€2,842 | +327.8% |
| Trade receivables | 40 | €278 | - | -€278 | |
| Other amounts receivable | 41 | €589 | €3,709 | +€3,120 | +529.6% |
| Current investments | 50/53 | €31,253 | €31,688 | +€435 | +1.4% |
| Deferred charges and accrued income | 490/1 | €768 | €776 | +€8 | +1.1% |
| Total equity and liabilities | 10/49 | €56,649 | €56,915 | +€267 | +0.5% |
| Equity | 10/15 | €50,008 | €54,249 | +€4,241 | +8.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,372 | €17,613 | +€4,241 | +31.7% |
| Distributable reserves | 133 | €13,372 | €17,613 | +€4,241 | +31.7% |
| Profit (loss) carried forward | 14 | €24,236 | €24,236 | = | 0.0% |
| Amounts payable | 17/49 | €6,640 | €2,666 | -€3,974 | -59.9% |
| Amounts payable within one year | 42/48 | €6,640 | €2,666 | -€3,974 | -59.9% |
| Trade debts | 44 | €2,736 | €2,324 | -€412 | -15.1% |
| Suppliers | 440/4 | €2,736 | €2,324 | -€412 | -15.1% |
| Taxes, remuneration and social security | 45 | €330 | €342 | +€12 | +3.6% |
| Remuneration and social security | 454/9 | €330 | €342 | +€12 | +3.6% |
| Other amounts payable | 47/48 | €3,574 | - | -€3,574 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,405 | €216 | -€4,190 | -95.1% |
| Other operating charges | 640/8 | €437 | €450 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€33,592 | €5,462 | +€39,054 | |
| Operating profit (loss) | 9901 | -€38,435 | €4,797 | +€43,232 | |
| Financial income | 75/76B | €498 | €369 | -€128 | -25.8% |
| Recurring financial income | 75 | €498 | €369 | -€128 | -25.8% |
| Financial charges | 65/66B | €313 | €299 | -€14 | -4.6% |
| Recurring financial charges | 65 | €313 | €299 | -€14 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€38,250 | €4,867 | +€43,118 | |
| Income taxes | 67/77 | €213 | €626 | +€413 | +193.9% |
| Profit (loss) for the period | 9904 | -€38,463 | €4,241 | +€42,704 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,463 | €4,241 | +€42,704 |
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 10 October 2026 via checked.be.