DR PRODUCTS: 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 PRODUCTS
Largest movements
- Tangible fixed assets +€83,855
up €83,855 (+190%), from €44,201 to €128,056
of which Furniture and vehicles: +€89,065
- Cash +€51,232
up €51,232 (+18.6%), from €276,122 to €327,354
mainly Trade debts (+€172,795) and Receivables within one year (+€50,382)
- Receivables within one year -€50,382
down €50,382 (-23.8%), from €211,698 to €161,316
of which Other amounts receivable: -€75,777
- Deferred charges and accrued income +€8,286
up €8,286 (+160%), from €5,176 to €13,462
- Trade debts +€172,795
up €172,795 (+153%), from €113,054 to €285,849
- Reserves -€71,666
down €71,666 (-18.2%), from €393,699 to €322,033
of which Distributable reserves: -€69,806
- Other debts +€49,575
new in 2025: €49,575
- Tax, wage and social debts -€41,270
down €41,270 (-54.9%), from €75,182 to €33,912
of which Taxes: -€37,468
- Debts after one year -€12,326
down €12,326 (-69.7%), from €17,696 to €5,370
- Gross operating margin -€87,203
down €87,203 (-28.3%), from €307,734 to €220,532
- Taxes -€30,741
down €30,741 (-63.9%), from €48,073 to €17,332
- Staff costs +€9,922
up €9,922 (+7.5%), from €132,730 to €142,652
- Depreciation +€8,581
up €8,581 (+72.4%), from €11,849 to €20,430
- Financial charges -€4,086
down €4,086 (-40.0%), from €10,215 to €6,129
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 | €633,522 | €730,403 | +€96,881 | +15.3% |
| Fixed assets | 21/28 | €45,201 | €129,056 | +€83,855 | +186% |
| Tangible fixed assets | 22/27 | €44,201 | €128,056 | +€83,855 | +190% |
| Plant, machinery and equipment | 23 | €3,790 | €2,370 | -€1,421 | -37.5% |
| Furniture and vehicles | 24 | €36,621 | €125,687 | +€89,065 | +243% |
| Leasing and similar rights | 25 | €3,789 | - | -€3,789 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €588,321 | €601,346 | +€13,026 | +2.2% |
| Stocks and contracts in progress | 3 | €95,325 | €99,215 | +€3,890 | +4.1% |
| Stocks | 30/36 | €95,325 | €99,215 | +€3,890 | +4.1% |
| Amounts receivable within one year | 40/41 | €211,698 | €161,316 | -€50,382 | -23.8% |
| Trade receivables | 40 | €130,678 | €156,073 | +€25,395 | +19.4% |
| Other amounts receivable | 41 | €81,020 | €5,243 | -€75,777 | -93.5% |
| Cash at bank and in hand | 54/58 | €276,122 | €327,354 | +€51,232 | +18.6% |
| Deferred charges and accrued income | 490/1 | €5,176 | €13,462 | +€8,286 | +160% |
| Total equity and liabilities | 10/49 | €633,522 | €730,403 | +€96,881 | +15.3% |
| Equity | 10/15 | €412,299 | €340,633 | -€71,666 | -17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €393,699 | €322,033 | -€71,666 | -18.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €391,839 | €322,033 | -€69,806 | -17.8% |
| Amounts payable | 17/49 | €221,223 | €389,769 | +€168,547 | +76.2% |
| Amounts payable after more than one year | 17 | €17,696 | €5,370 | -€12,326 | -69.7% |
| Financial debts | 170/4 | €17,696 | €5,370 | -€12,326 | -69.7% |
| Amounts payable within one year | 42/48 | €200,656 | €381,793 | +€181,137 | +90.3% |
| Current portion of amounts payable after more than one year | 42 | €12,419 | €12,456 | +€37 | +0.3% |
| Trade debts | 44 | €113,054 | €285,849 | +€172,795 | +153% |
| Suppliers | 440/4 | €113,054 | €285,849 | +€172,795 | +153% |
| Taxes, remuneration and social security | 45 | €75,182 | €33,912 | -€41,270 | -54.9% |
| Taxes | 450/3 | €55,348 | €17,880 | -€37,468 | -67.7% |
| Remuneration and social security | 454/9 | €19,834 | €16,032 | -€3,802 | -19.2% |
| Other amounts payable | 47/48 | - | €49,575 | +€49,575 | |
| Accrued charges and deferred income | 492/3 | €2,870 | €2,606 | -€264 | -9.2% |
| Non-recurring operating income | 76A | €22,727 | - | -€22,727 | |
| Remuneration, social security and pensions | 62 | €132,730 | €142,652 | +€9,922 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,849 | €20,430 | +€8,581 | +72.4% |
| Other operating charges | 640/8 | €1,718 | €2,750 | +€1,032 | +60.0% |
| Gross operating margin | 9900 | €307,734 | €220,532 | -€87,203 | -28.3% |
| Operating profit (loss) | 9901 | €161,438 | €54,700 | -€106,738 | -66.1% |
| Financial income | 75/76B | €4,760 | €4,777 | +€16 | +0.3% |
| Recurring financial income | 75 | €4,760 | €4,777 | +€16 | +0.3% |
| Financial charges | 65/66B | €10,215 | €6,129 | -€4,086 | -40.0% |
| Recurring financial charges | 65 | €10,215 | €6,129 | -€4,086 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €155,983 | €53,348 | -€102,635 | -65.8% |
| Income taxes | 67/77 | €48,073 | €17,332 | -€30,741 | -63.9% |
| Profit (loss) for the period | 9904 | €107,910 | €36,017 | -€71,894 | -66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €107,910 | €36,017 | -€71,894 | -66.6% |
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.