DR Management: 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 Management
Largest movements
- Cash +€31,284
up €31,284 (+71.2%), from €43,926 to €75,210
mainly Net result for the year (+€42,190) and Trade debts (+€2,134)
- Receivables within one year +€12,287
up €12,287 (+1,188%), from €1,035 to €13,322
of which Other amounts receivable: +€7,622
- Reserves +€42,190
up €42,190 (+111%), from €37,850 to €80,041
- Trade debts +€2,134
up €2,134 (+124%), from €1,722 to €3,856
- Gross operating margin +€7,550
up €7,550 (+15.1%), from €50,004 to €57,555
- Taxes +€1,676
up €1,676 (+15.8%), from €10,629 to €12,305
- Financial charges +€895
up €895 (+3,411%), from €26 to €922
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 | €46,831 | €90,553 | +€43,722 | +93.4% |
| Fixed assets | 21/28 | €1,522 | €1,700 | +€178 | +11.7% |
| Tangible fixed assets | 22/27 | €1,522 | €1,700 | +€178 | +11.7% |
| Furniture and vehicles | 24 | €1,522 | €1,700 | +€178 | +11.7% |
| Current assets | 29/58 | €45,309 | €88,853 | +€43,544 | +96.1% |
| Amounts receivable within one year | 40/41 | €1,035 | €13,322 | +€12,287 | +1,188% |
| Trade receivables | 40 | - | €4,665 | +€4,665 | |
| Other amounts receivable | 41 | €1,035 | €8,657 | +€7,622 | +737% |
| Cash at bank and in hand | 54/58 | €43,926 | €75,210 | +€31,284 | +71.2% |
| Deferred charges and accrued income | 490/1 | €349 | €322 | -€27 | -7.9% |
| Total equity and liabilities | 10/49 | €46,831 | €90,553 | +€43,722 | +93.4% |
| Equity | 10/15 | €38,850 | €81,041 | +€42,190 | +109% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €37,850 | €80,041 | +€42,190 | +111% |
| Distributable reserves | 133 | €37,850 | €80,041 | +€42,190 | +111% |
| Amounts payable | 17/49 | €7,981 | €9,512 | +€1,531 | +19.2% |
| Amounts payable within one year | 42/48 | €7,981 | €9,512 | +€1,531 | +19.2% |
| Trade debts | 44 | €1,722 | €3,856 | +€2,134 | +124% |
| Suppliers | 440/4 | €1,722 | €3,856 | +€2,134 | +124% |
| Taxes, remuneration and social security | 45 | €6,259 | €5,657 | -€602 | -9.6% |
| Taxes | 450/3 | €6,259 | €5,657 | -€602 | -9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201 | €386 | +€185 | +91.8% |
| Other operating charges | 640/8 | €1,309 | €1,321 | +€11 | +0.9% |
| Non-recurring operating charges | 66A | - | €592 | +€592 | |
| Gross operating margin | 9900 | €50,004 | €57,555 | +€7,550 | +15.1% |
| Operating profit (loss) | 9901 | €48,494 | €55,256 | +€6,762 | +13.9% |
| Financial income | 75/76B | €12 | €162 | +€150 | +1,254% |
| Recurring financial income | 75 | €12 | €162 | +€150 | +1,254% |
| Financial charges | 65/66B | €26 | €922 | +€895 | +3,411% |
| Recurring financial charges | 65 | €26 | €922 | +€895 | +3,411% |
| Profit (loss) for the period before taxes | 9903 | €48,480 | €54,495 | +€6,016 | +12.4% |
| Income taxes | 67/77 | €10,629 | €12,305 | +€1,676 | +15.8% |
| Profit (loss) for the period | 9904 | €37,850 | €42,190 | +€4,340 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,850 | €42,190 | +€4,340 | +11.5% |
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 13 October 2026 via checked.be.