DRAAICE: what changed
Two fiscal 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.
DRAAICE
Largest movements
- Cash -€122,290
down €122,290 (-88.4%), from €138,276 to €15,986
mainly Net result for the year (-€59,079) and Trade debts (-€54,697)
- Receivables within one year -€20,331
down €20,331 (-86.8%), from €23,414 to €3,083
of which Trade receivables: -€21,153
- Stocks and contracts -€19,544
no longer reported in 2025 (was €19,544)
- Tangible fixed assets +€3,150
up €3,150 (+6.8%), from €46,330 to €49,480
of which Plant, machinery and equipment: +€7,971
- Profit (loss) carried forward -€59,079
down €59,079, from €23,735 to -€35,344
- Trade debts -€54,697
down €54,697 (-98.4%), from €55,578 to €881
- Other debts -€27,422
down €27,422 (-32.2%), from €85,042 to €57,620
- Tax, wage and social debts -€17,636
down €17,636 (-99.8%), from €17,676 to €40
- Turnover -€703,475
no longer reported in 2025 (was €703,475)
- Purchases and services -€691,421
no longer reported in 2025 (was €691,421)
- Gross operating margin -€110,249
down €110,249, from €63,515 to -€46,734
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.
Cash bridge derived
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 | €230,293 | €71,257 | -€159,035 | -69.1% |
| Fixed assets | 21/28 | €48,565 | €51,715 | +€3,150 | +6.5% |
| Tangible fixed assets | 22/27 | €46,330 | €49,480 | +€3,150 | +6.8% |
| Plant, machinery and equipment | 23 | €35,727 | €43,698 | +€7,971 | +22.3% |
| Furniture and vehicles | 24 | €10,603 | €5,782 | -€4,821 | -45.5% |
| Financial fixed assets | 28 | €2,235 | €2,235 | = | 0.0% |
| Current assets | 29/58 | €181,728 | €19,542 | -€162,186 | -89.2% |
| Stocks and contracts in progress | 3 | €19,544 | - | -€19,544 | |
| Stocks | 30/36 | €19,544 | - | -€19,544 | |
| Amounts receivable within one year | 40/41 | €23,414 | €3,083 | -€20,331 | -86.8% |
| Trade receivables | 40 | €23,405 | €2,252 | -€21,153 | -90.4% |
| Other amounts receivable | 41 | €9 | €831 | +€822 | +9202.0% |
| Cash at bank and in hand | 54/58 | €138,276 | €15,986 | -€122,290 | -88.4% |
| Deferred charges and accrued income | 490/1 | €494 | €473 | -€21 | -4.2% |
| Total equity and liabilities | 10/49 | €230,293 | €71,257 | -€159,035 | -69.1% |
| Equity | 10/15 | €71,795 | €12,716 | -€59,079 | -82.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,860 | €41,860 | = | 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 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,735 | -€35,344 | -€59,079 | |
| Amounts payable | 17/49 | €158,497 | €58,541 | -€99,957 | -63.1% |
| Amounts payable within one year | 42/48 | €158,497 | €58,541 | -€99,957 | -63.1% |
| Trade debts | 44 | €55,578 | €881 | -€54,697 | -98.4% |
| Suppliers | 440/4 | €55,578 | €881 | -€54,697 | -98.4% |
| Advances received on contracts in progress | 46 | €202 | - | -€202 | |
| Taxes, remuneration and social security | 45 | €17,676 | €40 | -€17,636 | -99.8% |
| Taxes | 450/3 | €17,676 | €40 | -€17,636 | -99.8% |
| Other amounts payable | 47/48 | €85,042 | €57,620 | -€27,422 | -32.2% |
| Turnover | 70 | €703,475 | - | -€703,475 | |
| Non-recurring operating income | 76A | €49,659 | - | -€49,659 | |
| Goods, raw materials, services and sundry goods | 60/61 | €691,421 | - | -€691,421 | |
| Remuneration, social security and pensions | 62 | €350 | €884 | +€534 | +152.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,276 | €10,430 | -€846 | -7.5% |
| Other operating charges | 640/8 | €886 | €814 | -€72 | -8.2% |
| Gross operating margin | 9900 | €63,515 | -€46,734 | -€110,249 | |
| Operating profit (loss) | 9901 | €51,003 | -€58,863 | -€109,865 | |
| Financial income | 75/76B | €0 | €130 | +€130 | +651900.0% |
| Recurring financial income | 75 | €0 | €130 | +€130 | +651900.0% |
| Financial charges | 65/66B | €2,197 | €347 | -€1,850 | -84.2% |
| Recurring financial charges | 65 | €2,197 | €347 | -€1,850 | -84.2% |
| Profit (loss) for the period before taxes | 9903 | €48,806 | -€59,079 | -€107,885 | |
| Income taxes | 67/77 | €134 | - | -€134 | |
| Profit (loss) for the period | 9904 | €48,672 | -€59,079 | -€107,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,672 | -€59,079 | -€107,751 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.