DRAF: 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.
What changed
DRAF
NACE 93.199, Other sports activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€232,820
2024 · -€94,771+€327,591
Equity
€3.1m
2024 · €2.9m+€232,820
Cash
€190,059
2024 · €101,873+€88,186
Balance sheet total
€4.2m
2024 · €4.0m+€246,741
Largest movements
Assets
- Tangible fixed assets +€170,469
up €170,469 (+4.9%), from €3.5m to €3.7m
of which Other tangible fixed assets: +€241,102
- Cash +€88,186
up €88,186 (+86.6%), from €101,873 to €190,059
mainly Net result for the year (+€232,820) and Depreciation (+€123,310)
Equity and liabilities
- Profit (loss) carried forward +€232,820
up €232,820 (+41.2%), from -€565,068 to -€332,248
- Trade debts +€121,538
up €121,538 (+373.7%), from €32,523 to €154,060
- Debts after one year -€82,098
down €82,098 (-63.1%), from €130,144 to €48,046
Income statement
- Gross operating margin +€295,399
up €295,399 (+137.3%), from €215,156 to €510,554
- Staff costs -€33,198
down €33,198 (-23.2%), from €142,795 to €109,597
- Other operating charges +€8,705
up €8,705 (+102.8%), from €8,468 to €17,174
- Financial charges -€5,230
down €5,230 (-15.9%), from €32,820 to €27,589
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.
Result 2024
-€94,771
Gross operating margin
+€295,399
Staff costs
+€33,198
Depreciation
+€2,383
Other operating charges
-€8,705
Financial income
+€44
Financial charges
+€5,230
Taxes
+€44
Result 2025
€232,820
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.
From operations
+€459,838
Investment
-€291,154
Financing
-€80,498
Cash 2024
€101,873
From operations (derived)
+€459,838
Net result for the year
+€232,820
Depreciation
+€123,310
Stocks and contracts
-€499
Receivables within one year
+€5,543
Deferred charges and accrued income
+€4,245
Trade debts
+€121,538
Tax, wage and social debts
+€9,816
Advances received
+€8,634
Other debts
-€19,271
Accrued charges and deferred income
-€26,297
Investment (derived)
-€291,154
Investment in fixed assets (net)
-€291,154
Financing
-€80,498
Debts after one year
-€82,098
Current portion of long-term debt
+€1,600
Cash 2025
€190,059
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,971,848 | €4,218,589 | +€246,741 | +6.2% |
| Fixed assets | 21/28 | €3,824,669 | €3,992,513 | +€167,844 | +4.4% |
| Tangible fixed assets | 22/27 | €3,490,994 | €3,661,463 | +€170,469 | +4.9% |
| Land and buildings | 22 | €3,069,381 | €3,017,710 | -€51,671 | -1.7% |
| Plant, machinery and equipment | 23 | €81,769 | €63,661 | -€18,108 | -22.1% |
| Furniture and vehicles | 24 | €2,068 | €1,214 | -€855 | -41.3% |
| Leasing and similar rights | 25 | - | €1 | +€1 | |
| Other tangible fixed assets | 26 | €337,775 | €578,877 | +€241,102 | +71.4% |
| Financial fixed assets | 28 | €333,675 | €331,050 | -€2,625 | -0.8% |
| Current assets | 29/58 | €147,179 | €226,077 | +€78,897 | +53.6% |
| Stocks and contracts in progress | 3 | €2,947 | €3,446 | +€499 | +16.9% |
| Stocks | 30/36 | €2,947 | €3,446 | +€499 | +16.9% |
| Amounts receivable within one year | 40/41 | €35,949 | €30,406 | -€5,543 | -15.4% |
| Trade receivables | 40 | €30,340 | €29,149 | -€1,191 | -3.9% |
| Other amounts receivable | 41 | €5,609 | €1,257 | -€4,352 | -77.6% |
| Cash at bank and in hand | 54/58 | €101,873 | €190,059 | +€88,186 | +86.6% |
| Deferred charges and accrued income | 490/1 | €6,410 | €2,165 | -€4,245 | -66.2% |
| Total equity and liabilities | 10/49 | €3,971,848 | €4,218,589 | +€246,741 | +6.2% |
| Equity | 10/15 | €2,873,458 | €3,106,278 | +€232,820 | +8.1% |
| Contributions | 10/11 | €1,616,100 | €1,616,100 | = | 0.0% |
| Revaluation surpluses | 12 | €1,733,591 | €1,733,591 | = | 0.0% |
| Reserves | 13 | €88,835 | €88,835 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,957 | €46,957 | = | 0.0% |
| Reserves not available under the articles | 1311 | €46,957 | €46,957 | = | 0.0% |
| Distributable reserves | 133 | €41,878 | €41,878 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€565,068 | -€332,248 | +€232,820 | +41.2% |
| Amounts payable | 17/49 | €1,098,390 | €1,112,312 | +€13,921 | +1.3% |
| Amounts payable after more than one year | 17 | €130,144 | €48,046 | -€82,098 | -63.1% |
| Financial debts | 170/4 | €130,144 | €48,046 | -€82,098 | -63.1% |
| Amounts payable within one year | 42/48 | €902,857 | €1,025,173 | +€122,316 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €80,498 | €82,098 | +€1,600 | +2.0% |
| Trade debts | 44 | €32,523 | €154,060 | +€121,538 | +373.7% |
| Suppliers | 440/4 | €32,523 | €154,060 | +€121,538 | +373.7% |
| Advances received on contracts in progress | 46 | €65,989 | €74,623 | +€8,634 | +13.1% |
| Taxes, remuneration and social security | 45 | €22,295 | €32,110 | +€9,816 | +44.0% |
| Taxes | 450/3 | €200 | €25,119 | +€24,919 | +12459.6% |
| Remuneration and social security | 454/9 | €22,095 | €6,991 | -€15,104 | -68.4% |
| Other amounts payable | 47/48 | €701,553 | €682,282 | -€19,271 | -2.7% |
| Accrued charges and deferred income | 492/3 | €65,389 | €39,093 | -€26,297 | -40.2% |
| Non-recurring operating income | 76A | - | €426,878 | +€426,878 | |
| Remuneration, social security and pensions | 62 | €142,795 | €109,597 | -€33,198 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,693 | €123,310 | -€2,383 | -1.9% |
| Other operating charges | 640/8 | €8,468 | €17,174 | +€8,705 | +102.8% |
| Gross operating margin | 9900 | €215,156 | €510,554 | +€295,399 | +137.3% |
| Operating profit (loss) | 9901 | -€61,801 | €260,473 | +€322,273 | |
| Financial income | 75/76B | €70 | €114 | +€44 | +63.4% |
| Recurring financial income | 75 | €70 | €114 | +€44 | +63.4% |
| Financial charges | 65/66B | €32,820 | €27,589 | -€5,230 | -15.9% |
| Recurring financial charges | 65 | €32,820 | €27,589 | -€5,230 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€94,551 | €232,997 | +€327,548 | |
| Income taxes | 67/77 | €221 | €177 | -€44 | -19.7% |
| Profit (loss) for the period | 9904 | -€94,771 | €232,820 | +€327,591 | |
| Profit (loss) for the period to be appropriated | 9905 | -€94,771 | €232,820 | +€327,591 |
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 3 October 2026 via checked.be.