Draca: 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.
Draca
Largest movements
- Receivables within one year +€21,652
up €21,652 (+350.5%), from €6,178 to €27,830
of which Trade receivables: +€26,471
- Cash -€8,348
down €8,348 (-70.1%), from €11,908 to €3,560
mainly Receivables within one year (-€21,652) and Deferred charges and accrued income (-€291)
- Tangible fixed assets -€2,213
down €2,213 (-23.9%), from €9,263 to €7,050
of which Plant, machinery and equipment: -€1,635
- Tax, wage and social debts +€9,130
up €9,130 (+191.5%), from €4,768 to €13,898
of which Remuneration and social security: +€5,800
- Accrued charges and deferred income +€696
up €696 (+223.1%), from €312 to €1,008
- Trade debts +€665
up €665 (+9.7%), from €6,829 to €7,493
- Profit (loss) carried forward +€503
up €503 (+1.6%), from -€30,611 to -€30,108
- Gross operating margin +€29,906
up €29,906, from -€25,314 to €4,591
- Depreciation -€929
down €929 (-27.7%), from €3,349 to €2,421
- Financial charges -€277
down €277 (-21.0%), from €1,321 to €1,044
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 | €29,732 | €41,115 | +€11,383 | +38.3% |
| Fixed assets | 21/28 | €9,263 | €7,050 | -€2,213 | -23.9% |
| Tangible fixed assets | 22/27 | €9,263 | €7,050 | -€2,213 | -23.9% |
| Plant, machinery and equipment | 23 | €7,968 | €6,333 | -€1,635 | -20.5% |
| Furniture and vehicles | 24 | €1,295 | €717 | -€578 | -44.6% |
| Current assets | 29/58 | €20,469 | €34,065 | +€13,596 | +66.4% |
| Amounts receivable within one year | 40/41 | €6,178 | €27,830 | +€21,652 | +350.5% |
| Trade receivables | 40 | €1,359 | €27,830 | +€26,471 | +1947.7% |
| Other amounts receivable | 41 | €4,819 | - | -€4,819 | |
| Cash at bank and in hand | 54/58 | €11,908 | €3,560 | -€8,348 | -70.1% |
| Deferred charges and accrued income | 490/1 | €2,383 | €2,675 | +€291 | +12.2% |
| Total equity and liabilities | 10/49 | €29,732 | €41,115 | +€11,383 | +38.3% |
| Equity | 10/15 | €4,994 | €5,497 | +€503 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,005 | €17,005 | = | 0.0% |
| Distributable reserves | 133 | €17,005 | €17,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,611 | -€30,108 | +€503 | +1.6% |
| Amounts payable | 17/49 | €24,737 | €35,618 | +€10,880 | +44.0% |
| Amounts payable within one year | 42/48 | €24,425 | €34,610 | +€10,184 | +41.7% |
| Trade debts | 44 | €6,829 | €7,493 | +€665 | +9.7% |
| Suppliers | 440/4 | €6,829 | €7,493 | +€665 | +9.7% |
| Taxes, remuneration and social security | 45 | €4,768 | €13,898 | +€9,130 | +191.5% |
| Taxes | 450/3 | €4,768 | €8,098 | +€3,330 | +69.8% |
| Remuneration and social security | 454/9 | - | €5,800 | +€5,800 | |
| Other amounts payable | 47/48 | €12,829 | €13,218 | +€390 | +3.0% |
| Accrued charges and deferred income | 492/3 | €312 | €1,008 | +€696 | +223.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,349 | €2,421 | -€929 | -27.7% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€25,314 | €4,591 | +€29,906 | |
| Operating profit (loss) | 9901 | -€29,113 | €1,709 | +€30,822 | |
| Financial charges | 65/66B | €1,321 | €1,044 | -€277 | -21.0% |
| Recurring financial charges | 65 | €1,321 | €1,044 | -€277 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | -€30,433 | €666 | +€31,099 | |
| Income taxes | 67/77 | €178 | €163 | -€15 | -8.5% |
| Profit (loss) for the period | 9904 | -€30,611 | €503 | +€31,114 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,611 | €503 | +€31,114 |
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 11 October 2026 via checked.be.