Draffeed: 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.
Draffeed
Largest movements
- Receivables within one year -€362,728
down €362,728 (-53.4%), from €679,776 to €317,048
of which Trade receivables: -€325,895
- Cash -€91,480
down €91,480 (-23.1%), from €395,600 to €304,121
mainly Trade debts (-€504,731)
- Stocks and contracts -€27,100
down €27,100 (-28.1%), from €96,400 to €69,300
- Trade debts -€504,731
down €504,731 (-74.4%), from €678,112 to €173,381
- Other debts +€16,005
up €16,005 (+9.0%), from €178,711 to €194,716
- Gross operating margin +€7,494
up €7,494 (+194.0%), from €3,863 to €11,356
- Financial charges +€5,932
up €5,932 (+19959.1%), from €30 to €5,962
- Other operating charges -€2,033
down €2,033 (-55.7%), from €3,652 to €1,619
- Taxes +€2,026
new in 2025: €2,026
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 | €1,171,777 | €690,469 | -€481,308 | -41.1% |
| Current assets | 29/58 | €1,171,777 | €690,469 | -€481,308 | -41.1% |
| Stocks and contracts in progress | 3 | €96,400 | €69,300 | -€27,100 | -28.1% |
| Stocks | 30/36 | €96,400 | €69,300 | -€27,100 | -28.1% |
| Amounts receivable within one year | 40/41 | €679,776 | €317,048 | -€362,728 | -53.4% |
| Trade receivables | 40 | €636,734 | €310,839 | -€325,895 | -51.2% |
| Other amounts receivable | 41 | €43,042 | €6,209 | -€36,833 | -85.6% |
| Cash at bank and in hand | 54/58 | €395,600 | €304,121 | -€91,480 | -23.1% |
| Total equity and liabilities | 10/49 | €1,171,777 | €690,469 | -€481,308 | -41.1% |
| Equity | 10/15 | €314,953 | €316,770 | +€1,816 | +0.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €160,000 | €165,000 | +€5,000 | +3.1% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €145,000 | €150,000 | +€5,000 | +3.4% |
| Profit (loss) carried forward | 14 | €4,953 | €1,770 | -€3,184 | -64.3% |
| Amounts payable | 17/49 | €856,823 | €373,699 | -€483,125 | -56.4% |
| Amounts payable within one year | 42/48 | €856,823 | €368,097 | -€488,726 | -57.0% |
| Trade debts | 44 | €678,112 | €173,381 | -€504,731 | -74.4% |
| Suppliers | 440/4 | €678,112 | €173,381 | -€504,731 | -74.4% |
| Other amounts payable | 47/48 | €178,711 | €194,716 | +€16,005 | +9.0% |
| Accrued charges and deferred income | 492/3 | - | €5,601 | +€5,601 | |
| Other operating charges | 640/8 | €3,652 | €1,619 | -€2,033 | -55.7% |
| Gross operating margin | 9900 | €3,863 | €11,356 | +€7,494 | +194.0% |
| Operating profit (loss) | 9901 | €211 | €9,737 | +€9,526 | +4512.9% |
| Financial income | 75/76B | €152 | €66 | -€85 | -56.2% |
| Recurring financial income | 75 | €152 | €66 | -€85 | -56.2% |
| Financial charges | 65/66B | €30 | €5,962 | +€5,932 | +19959.1% |
| Recurring financial charges | 65 | €30 | €5,962 | +€5,932 | +19959.1% |
| Profit (loss) for the period before taxes | 9903 | €333 | €3,842 | +€3,509 | +1053.6% |
| Income taxes | 67/77 | - | €2,026 | +€2,026 | |
| Profit (loss) for the period | 9904 | €333 | €1,816 | +€1,483 | +445.4% |
| Profit (loss) for the period to be appropriated | 9905 | €333 | €1,816 | +€1,483 | +445.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.