DR-INVEST: 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-INVEST
Largest movements
- Receivables within one year +€22,876
up €22,876 (+47.4%), from €48,300 to €71,176
of which Trade receivables: +€22,547
- Cash -€13,365
down €13,365 (-78.6%), from €17,009 to €3,644
mainly Receivables within one year (-€22,876) and Investment in fixed assets (net) (-€6,136)
- Financial fixed assets +€3,250
new in 2025: €3,250
- Tangible fixed assets +€2,666
new in 2025: €2,666
- Deferred charges and accrued income +€1,352
new in 2025: €1,352
- Trade debts +€12,094
up €12,094 (+1,889%), from €640 to €12,734
- Current portion of long-term debt +€3,155
new in 2025: €3,155
- Debts after one year +€2,729
new in 2025: €2,729
- Tax, wage and social debts -€1,364
down €1,364 (-25.1%), from €5,425 to €4,061
of which Taxes: -€1,364
- Gross operating margin -€26,541
down €26,541 (-93.2%), from €28,479 to €1,939
- Taxes -€5,086
down €5,086 (-84.1%), from €6,046 to €961
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 | €65,309 | €82,088 | +€16,779 | +25.7% |
| Fixed assets | 21/28 | - | €5,916 | +€5,916 | |
| Tangible fixed assets | 22/27 | - | €2,666 | +€2,666 | |
| Furniture and vehicles | 24 | - | €2,666 | +€2,666 | |
| Financial fixed assets | 28 | - | €3,250 | +€3,250 | |
| Current assets | 29/58 | €65,309 | €76,172 | +€10,863 | +16.6% |
| Amounts receivable within one year | 40/41 | €48,300 | €71,176 | +€22,876 | +47.4% |
| Trade receivables | 40 | €36,300 | €58,847 | +€22,547 | +62.1% |
| Other amounts receivable | 41 | €12,000 | €12,329 | +€329 | +2.7% |
| Cash at bank and in hand | 54/58 | €17,009 | €3,644 | -€13,365 | -78.6% |
| Deferred charges and accrued income | 490/1 | - | €1,352 | +€1,352 | |
| Total equity and liabilities | 10/49 | €65,309 | €82,088 | +€16,779 | +25.7% |
| Equity | 10/15 | €47,244 | €47,409 | +€165 | +0.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,244 | €42,409 | +€165 | +0.4% |
| Amounts payable | 17/49 | €18,065 | €34,679 | +€16,614 | +92.0% |
| Amounts payable after more than one year | 17 | - | €2,729 | +€2,729 | |
| Financial debts | 170/4 | - | €2,729 | +€2,729 | |
| Amounts payable within one year | 42/48 | €18,065 | €31,950 | +€13,885 | +76.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,155 | +€3,155 | |
| Trade debts | 44 | €640 | €12,734 | +€12,094 | +1,889% |
| Suppliers | 440/4 | €640 | €12,734 | +€12,094 | +1,889% |
| Taxes, remuneration and social security | 45 | €5,425 | €4,061 | -€1,364 | -25.1% |
| Taxes | 450/3 | €3,425 | €2,061 | -€1,364 | -39.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €12,000 | €12,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €220 | +€220 | |
| Other operating charges | 640/8 | €428 | €387 | -€41 | -9.5% |
| Gross operating margin | 9900 | €28,479 | €1,939 | -€26,541 | -93.2% |
| Operating profit (loss) | 9901 | €28,051 | €1,332 | -€26,720 | -95.3% |
| Financial charges | 65/66B | €32 | €206 | +€173 | +534% |
| Recurring financial charges | 65 | €32 | €206 | +€173 | +534% |
| Profit (loss) for the period before taxes | 9903 | €28,019 | €1,126 | -€26,893 | -96.0% |
| Income taxes | 67/77 | €6,046 | €961 | -€5,086 | -84.1% |
| Profit (loss) for the period | 9904 | €21,972 | €165 | -€21,807 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,972 | €165 | -€21,807 | -99.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.