DR-Xpansion Joints: 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-Xpansion Joints
Largest movements
- Cash +€70,437
up €70,437 (+105%), from €67,302 to €137,739
mainly Debts after one year (+€100,000) and Other debts (+€66,467)
- Receivables within one year +€11,796
up €11,796 (+17.1%), from €68,937 to €80,733
of which Other amounts receivable: +€14,671
- Tangible fixed assets -€4,438
down €4,438 (-11.0%), from €40,282 to €35,844
of which Other tangible fixed assets: -€4,876
- Profit (loss) carried forward -€105,697
no longer reported in 2025 (was €105,697)
- Debts after one year +€100,000
up €100,000 (+200%), from €50,000 to €150,000
- Other debts +€66,467
up €66,467 (+46,167%), from €144 to €66,611
- Tax, wage and social debts +€20,757
up €20,757 (+129%), from €16,088 to €36,846
of which Taxes: +€20,562
- Trade debts -€2,579
no longer reported in 2025 (was €2,579)
- Gross operating margin -€57,488
down €57,488 (-55.6%), from €103,479 to €45,990
- Taxes -€16,171
down €16,171 (-86.1%), from €18,784 to €2,614
- Financial income -€6,821
down €6,821 (-34.2%), from €19,923 to €13,103
- Depreciation +€3,396
up €3,396 (+32.2%), from €10,561 to €13,957
- Financial charges -€3,307
down €3,307 (-95.7%), from €3,457 to €150
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 | €177,508 | €255,457 | +€77,948 | +43.9% |
| Fixed assets | 21/28 | €40,282 | €35,844 | -€4,438 | -11.0% |
| Tangible fixed assets | 22/27 | €40,282 | €35,844 | -€4,438 | -11.0% |
| Plant, machinery and equipment | 23 | €1,826 | €2,263 | +€438 | +24.0% |
| Other tangible fixed assets | 26 | €38,456 | €33,581 | -€4,876 | -12.7% |
| Current assets | 29/58 | €137,227 | €219,613 | +€82,386 | +60.0% |
| Amounts receivable within one year | 40/41 | €68,937 | €80,733 | +€11,796 | +17.1% |
| Trade receivables | 40 | €62,721 | €59,846 | -€2,875 | -4.6% |
| Other amounts receivable | 41 | €6,216 | €20,886 | +€14,671 | +236% |
| Cash at bank and in hand | 54/58 | €67,302 | €137,739 | +€70,437 | +105% |
| Deferred charges and accrued income | 490/1 | €988 | €1,141 | +€153 | +15.5% |
| Total equity and liabilities | 10/49 | €177,508 | €255,457 | +€77,948 | +43.9% |
| Equity | 10/15 | €107,697 | €2,000 | -€105,697 | -98.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,697 | - | -€105,697 | |
| Amounts payable | 17/49 | €69,812 | €253,457 | +€183,645 | +263% |
| Amounts payable after more than one year | 17 | €50,000 | €150,000 | +€100,000 | +200% |
| Financial debts | 170/4 | €50,000 | €150,000 | +€100,000 | +200% |
| Amounts payable within one year | 42/48 | €18,812 | €103,457 | +€84,645 | +450% |
| Trade debts | 44 | €2,579 | - | -€2,579 | |
| Suppliers | 440/4 | €2,579 | - | -€2,579 | |
| Taxes, remuneration and social security | 45 | €16,088 | €36,846 | +€20,757 | +129% |
| Taxes | 450/3 | €11,141 | €31,704 | +€20,562 | +185% |
| Remuneration and social security | 454/9 | €4,947 | €5,142 | +€195 | +3.9% |
| Other amounts payable | 47/48 | €144 | €66,611 | +€66,467 | +46,167% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Remuneration, social security and pensions | 62 | €34,973 | €35,819 | +€847 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,561 | €13,957 | +€3,396 | +32.2% |
| Other operating charges | 640/8 | €815 | €824 | +€9 | +1.2% |
| Gross operating margin | 9900 | €103,479 | €45,990 | -€57,488 | -55.6% |
| Operating profit (loss) | 9901 | €57,130 | -€4,610 | -€61,740 | |
| Financial income | 75/76B | €19,923 | €13,103 | -€6,821 | -34.2% |
| Recurring financial income | 75 | €19,923 | €13,103 | -€6,821 | -34.2% |
| Financial charges | 65/66B | €3,457 | €150 | -€3,307 | -95.7% |
| Recurring financial charges | 65 | €3,457 | €150 | -€3,307 | -95.7% |
| Profit (loss) for the period before taxes | 9903 | €73,596 | €8,343 | -€65,253 | -88.7% |
| Income taxes | 67/77 | €18,784 | €2,614 | -€16,171 | -86.1% |
| Profit (loss) for the period | 9904 | €54,812 | €5,729 | -€49,083 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,812 | €5,729 | -€49,083 | -89.5% |
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 23 October 2026 via checked.be.