DRACARYS: 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.
DRACARYS
Largest movements
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Cash +€22,953
up €22,953 (+31.4%), from €73,054 to €96,007
mainly Current investments (+€75,000) and Net result for the year (+€41,592)
- Receivables within one year -€7,209
down €7,209 (-40.2%), from €17,927 to €10,718
of which Trade receivables: -€7,772
- Reserves -€88,408
down €88,408 (-71.8%), from €123,173 to €34,765
- Other debts +€34,455
up €34,455 (+204.6%), from €16,841 to €51,296
- Tax, wage and social debts -€6,199
down €6,199 (-26.8%), from €23,170 to €16,971
- Gross operating margin +€9,155
up €9,155 (+21.2%), from €43,218 to €52,373
- Taxes +€4,561
up €4,561 (+80.5%), from €5,664 to €10,225
- Financial income +€2,625
new in 2025: €2,625
- Write-downs -€2,500
new in 2025: -€2,500
- Financial charges +€994
up €994 (+93.1%), from €1,069 to €2,063
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 | €168,333 | €108,986 | -€59,347 | -35.3% |
| Fixed assets | 21/28 | €1,596 | €1,197 | -€399 | -25.0% |
| Tangible fixed assets | 22/27 | €1,596 | €1,197 | -€399 | -25.0% |
| Plant, machinery and equipment | 23 | €1,596 | €1,197 | -€399 | -25.0% |
| Current assets | 29/58 | €166,737 | €107,789 | -€58,948 | -35.4% |
| Amounts receivable within one year | 40/41 | €17,927 | €10,718 | -€7,209 | -40.2% |
| Trade receivables | 40 | €17,927 | €10,156 | -€7,772 | -43.4% |
| Other amounts receivable | 41 | - | €562 | +€562 | |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €73,054 | €96,007 | +€22,953 | +31.4% |
| Deferred charges and accrued income | 490/1 | €756 | €1,065 | +€308 | +40.8% |
| Total equity and liabilities | 10/49 | €168,333 | €108,986 | -€59,347 | -35.3% |
| Equity | 10/15 | €128,173 | €39,765 | -€88,408 | -69.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €123,173 | €34,765 | -€88,408 | -71.8% |
| Distributable reserves | 133 | €123,173 | €34,765 | -€88,408 | -71.8% |
| Amounts payable | 17/49 | €40,160 | €69,221 | +€29,061 | +72.4% |
| Amounts payable within one year | 42/48 | €40,030 | €68,907 | +€28,877 | +72.1% |
| Trade debts | 44 | €18 | €640 | +€622 | +3451.8% |
| Suppliers | 440/4 | €18 | €640 | +€622 | +3451.8% |
| Taxes, remuneration and social security | 45 | €23,170 | €16,971 | -€6,199 | -26.8% |
| Taxes | 450/3 | €23,170 | €16,971 | -€6,199 | -26.8% |
| Other amounts payable | 47/48 | €16,841 | €51,296 | +€34,455 | +204.6% |
| Accrued charges and deferred income | 492/3 | €130 | €314 | +€184 | +141.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399 | €399 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,500 | -€2,500 | |
| Other operating charges | 640/8 | €4,132 | €3,219 | -€913 | -22.1% |
| Gross operating margin | 9900 | €43,218 | €52,373 | +€9,155 | +21.2% |
| Operating profit (loss) | 9901 | €38,687 | €51,255 | +€12,568 | +32.5% |
| Financial income | 75/76B | - | €2,625 | +€2,625 | |
| Recurring financial income | 75 | - | €2,625 | +€2,625 | |
| Financial charges | 65/66B | €1,069 | €2,063 | +€994 | +93.1% |
| Recurring financial charges | 65 | €1,069 | €2,063 | +€994 | +93.1% |
| Profit (loss) for the period before taxes | 9903 | €37,618 | €51,817 | +€14,199 | +37.7% |
| Income taxes | 67/77 | €5,664 | €10,225 | +€4,561 | +80.5% |
| Profit (loss) for the period | 9904 | €31,954 | €41,592 | +€9,638 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,954 | €41,592 | +€9,638 | +30.2% |
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 7 October 2026 via checked.be.