DR & PARTNERS: 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 & PARTNERS
Largest movements
- Tangible fixed assets -€12,594
down €12,594 (-26.5%), from €47,527 to €34,933
of which Plant, machinery and equipment: -€9,366
- Cash -€3,691
down €3,691 (-23.9%), from €15,457 to €11,766
mainly Net result for the year (-€7,319) and Debts after one year (-€7,303)
- Receivables within one year +€2,639
up €2,639, from €0 to €2,639
of which Other amounts receivable: +€2,639
- Profit (loss) carried forward -€7,319
down €7,319, from €0 to -€7,319
- Debts after one year -€7,303
down €7,303 (-41.3%), from €17,672 to €10,370
- Tax, wage and social debts -€2,689
down €2,689 (-46.2%), from €5,826 to €3,137
of which Taxes: -€1,384
- Other debts +€2,280
up €2,280 (+19.3%), from €11,821 to €14,100
- Accrued charges and deferred income +€1,664
new in 2025: €1,664
- Staff costs +€17,003
up €17,003 (+68.7%), from €24,734 to €41,737
- Gross operating margin +€3,769
up €3,769 (+7.8%), from €48,295 to €52,064
- Depreciation +€2,342
up €2,342 (+22.8%), from €10,252 to €12,594
- Taxes -€1,156
down €1,156 (-100%), from €1,156 to €0
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 | €73,004 | €59,430 | -€13,575 | -18.6% |
| Fixed assets | 21/28 | €47,527 | €34,933 | -€12,594 | -26.5% |
| Tangible fixed assets | 22/27 | €47,527 | €34,933 | -€12,594 | -26.5% |
| Plant, machinery and equipment | 23 | €32,443 | €23,077 | -€9,366 | -28.9% |
| Furniture and vehicles | 24 | €2,462 | €1,771 | -€691 | -28.1% |
| Other tangible fixed assets | 26 | €12,622 | €10,085 | -€2,538 | -20.1% |
| Current assets | 29/58 | €25,477 | €24,497 | -€980 | -3.8% |
| Stocks and contracts in progress | 3 | €3,487 | €3,661 | +€174 | +5.0% |
| Stocks | 30/36 | €3,487 | €3,661 | +€174 | +5.0% |
| Amounts receivable within one year | 40/41 | €0 | €2,639 | +€2,639 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €2,639 | +€2,639 | |
| Cash at bank and in hand | 54/58 | €15,457 | €11,766 | -€3,691 | -23.9% |
| Deferred charges and accrued income | 490/1 | €6,533 | €6,430 | -€103 | -1.6% |
| Total equity and liabilities | 10/49 | €73,004 | €59,430 | -€13,575 | -18.6% |
| Equity | 10/15 | €22,921 | €15,601 | -€7,319 | -31.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,321 | €4,321 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,461 | €2,461 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€7,319 | -€7,319 | |
| Amounts payable | 17/49 | €50,084 | €43,828 | -€6,255 | -12.5% |
| Amounts payable after more than one year | 17 | €17,672 | €10,370 | -€7,303 | -41.3% |
| Financial debts | 170/4 | €17,672 | €10,370 | -€7,303 | -41.3% |
| Amounts payable within one year | 42/48 | €32,411 | €31,795 | -€616 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €8,583 | €7,303 | -€1,280 | -14.9% |
| Trade debts | 44 | €6,182 | €7,255 | +€1,074 | +17.4% |
| Suppliers | 440/4 | €6,182 | €7,255 | +€1,074 | +17.4% |
| Taxes, remuneration and social security | 45 | €5,826 | €3,137 | -€2,689 | -46.2% |
| Taxes | 450/3 | €1,384 | €0 | -€1,384 | -100% |
| Remuneration and social security | 454/9 | €4,442 | €3,137 | -€1,306 | -29.4% |
| Other amounts payable | 47/48 | €11,821 | €14,100 | +€2,280 | +19.3% |
| Accrued charges and deferred income | 492/3 | - | €1,664 | +€1,664 | |
| Remuneration, social security and pensions | 62 | €24,734 | €41,737 | +€17,003 | +68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,252 | €12,594 | +€2,342 | +22.8% |
| Other operating charges | 640/8 | €2,848 | €2,694 | -€154 | -5.4% |
| Gross operating margin | 9900 | €48,295 | €52,064 | +€3,769 | +7.8% |
| Operating profit (loss) | 9901 | €10,460 | -€4,962 | -€15,423 | |
| Financial income | 75/76B | €10 | €221 | +€211 | +2,113% |
| Recurring financial income | 75 | €10 | €221 | +€211 | +2,113% |
| Financial charges | 65/66B | €2,865 | €2,579 | -€286 | -10.0% |
| Recurring financial charges | 65 | €2,865 | €2,579 | -€286 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €7,606 | -€7,319 | -€14,925 | |
| Income taxes | 67/77 | €1,156 | €0 | -€1,156 | -100% |
| Profit (loss) for the period | 9904 | €6,450 | -€7,319 | -€13,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,450 | -€7,319 | -€13,769 |
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 18 October 2026 via checked.be.