DR.DE COSTER: 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.DE COSTER
Largest movements
- Cash -€21,949
down €21,949 (-39.2%), from €56,048 to €34,099
mainly Debts after one year (-€79,253) and Contributions, distributions and other (-€28,572)
- Tangible fixed assets -€9,046
down €9,046 (-3.0%), from €303,348 to €294,302
of which Land and buildings: -€10,986
- Debts after one year -€79,253
no longer reported in 2025 (was €79,253)
- Reserves +€74,938
up €74,938 (+30.5%), from €245,547 to €320,485
- Other debts -€22,487
down €22,487 (-72.7%), from €30,937 to €8,450
- Current portion of long-term debt -€8,606
down €8,606 (-46.0%), from €18,698 to €10,092
- Gross operating margin -€61,246
down €61,246 (-27.6%), from €221,979 to €160,733
- Taxes -€24,344
down €24,344 (-36.4%), from €66,794 to €42,450
- Depreciation +€4,302
up €4,302 (+52.1%), from €8,260 to €12,562
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
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 | €385,764 | €357,337 | -€28,427 | -7.4% |
| Fixed assets | 21/28 | €303,348 | €294,302 | -€9,046 | -3.0% |
| Tangible fixed assets | 22/27 | €303,348 | €294,302 | -€9,046 | -3.0% |
| Land and buildings | 22 | €298,385 | €287,399 | -€10,986 | -3.7% |
| Furniture and vehicles | 24 | €4,963 | €6,903 | +€1,940 | +39.1% |
| Current assets | 29/58 | €82,416 | €63,035 | -€19,381 | -23.5% |
| Amounts receivable within one year | 40/41 | €8,293 | €11,666 | +€3,373 | +40.7% |
| Trade receivables | 40 | €8,293 | €11,666 | +€3,373 | +40.7% |
| Cash at bank and in hand | 54/58 | €56,048 | €34,099 | -€21,949 | -39.2% |
| Deferred charges and accrued income | 490/1 | €18,075 | €17,270 | -€805 | -4.5% |
| Total equity and liabilities | 10/49 | €385,764 | €357,337 | -€28,427 | -7.4% |
| Equity | 10/15 | €248,547 | €323,485 | +€74,938 | +30.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €245,547 | €320,485 | +€74,938 | +30.5% |
| Distributable reserves | 133 | €245,547 | €320,485 | +€74,938 | +30.5% |
| Amounts payable | 17/49 | €137,217 | €33,852 | -€103,365 | -75.3% |
| Amounts payable after more than one year | 17 | €79,253 | - | -€79,253 | |
| Financial debts | 170/4 | €79,253 | - | -€79,253 | |
| Amounts payable within one year | 42/48 | €57,964 | €33,852 | -€24,112 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €18,698 | €10,092 | -€8,606 | -46.0% |
| Trade debts | 44 | - | €3,531 | +€3,531 | |
| Suppliers | 440/4 | - | €3,531 | +€3,531 | |
| Taxes, remuneration and social security | 45 | €8,329 | €11,779 | +€3,450 | +41.4% |
| Taxes | 450/3 | €8,329 | €11,779 | +€3,450 | +41.4% |
| Other amounts payable | 47/48 | €30,937 | €8,450 | -€22,487 | -72.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,260 | €12,562 | +€4,302 | +52.1% |
| Gross operating margin | 9900 | €221,979 | €160,733 | -€61,246 | -27.6% |
| Operating profit (loss) | 9901 | €213,719 | €148,171 | -€65,548 | -30.7% |
| Financial income | 75/76B | €320 | €118 | -€202 | -63.1% |
| Recurring financial income | 75 | €320 | €118 | -€202 | -63.1% |
| Financial charges | 65/66B | €3,940 | €2,329 | -€1,611 | -40.9% |
| Recurring financial charges | 65 | €3,940 | €2,329 | -€1,611 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €210,099 | €145,960 | -€64,139 | -30.5% |
| Income taxes | 67/77 | €66,794 | €42,450 | -€24,344 | -36.4% |
| Profit (loss) for the period | 9904 | €143,305 | €103,510 | -€39,795 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €143,305 | €103,510 | -€39,795 | -27.8% |
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 9 October 2026 via checked.be.