Drag Reduction Entity: 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.
Drag Reduction Entity
Largest movements
- Cash +€40,713
up €40,713 (+182.5%), from €22,303 to €63,016
mainly Net result for the year (+€33,656) and Tax, wage and social debts (+€4,762)
- Tangible fixed assets -€1,440
down €1,440 (-40.9%), from €3,520 to €2,080
- Profit (loss) carried forward +€33,656
up €33,656 (+200.2%), from €16,813 to €50,468
- Tax, wage and social debts +€4,762
up €4,762 (+87.9%), from €5,416 to €10,178
- Other debts +€1,717
up €1,717 (+153.4%), from €1,119 to €2,836
- Gross operating margin +€20,732
up €20,732 (+84.7%), from €24,481 to €45,212
- Taxes +€4,011
up €4,011 (+77.1%), from €5,199 to €9,210
- Depreciation +€640
up €640 (+80.0%), from €800 to €1,440
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 | €28,122 | €67,059 | +€38,937 | +138.5% |
| Fixed assets | 21/28 | €3,520 | €2,080 | -€1,440 | -40.9% |
| Tangible fixed assets | 22/27 | €3,520 | €2,080 | -€1,440 | -40.9% |
| Furniture and vehicles | 24 | €3,520 | €2,080 | -€1,440 | -40.9% |
| Current assets | 29/58 | €24,602 | €64,979 | +€40,377 | +164.1% |
| Amounts receivable within one year | 40/41 | €1,890 | €1,801 | -€89 | -4.7% |
| Trade receivables | 40 | €89 | - | -€89 | |
| Other amounts receivable | 41 | €1,801 | €1,801 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,303 | €63,016 | +€40,713 | +182.5% |
| Deferred charges and accrued income | 490/1 | €409 | €162 | -€247 | -60.4% |
| Total equity and liabilities | 10/49 | €28,122 | €67,059 | +€38,937 | +138.5% |
| Equity | 10/15 | €19,813 | €53,468 | +€33,656 | +169.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,813 | €50,468 | +€33,656 | +200.2% |
| Amounts payable | 17/49 | €8,309 | €13,591 | +€5,282 | +63.6% |
| Amounts payable within one year | 42/48 | €7,350 | €13,253 | +€5,903 | +80.3% |
| Trade debts | 44 | €815 | €239 | -€576 | -70.6% |
| Suppliers | 440/4 | €815 | €239 | -€576 | -70.6% |
| Taxes, remuneration and social security | 45 | €5,416 | €10,178 | +€4,762 | +87.9% |
| Taxes | 450/3 | €5,416 | €10,178 | +€4,762 | +87.9% |
| Other amounts payable | 47/48 | €1,119 | €2,836 | +€1,717 | +153.4% |
| Accrued charges and deferred income | 492/3 | €960 | €338 | -€622 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €800 | €1,440 | +€640 | +80.0% |
| Other operating charges | 640/8 | €623 | €664 | +€41 | +6.6% |
| Gross operating margin | 9900 | €24,481 | €45,212 | +€20,732 | +84.7% |
| Operating profit (loss) | 9901 | €23,058 | €43,109 | +€20,051 | +87.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €247 | €243 | -€4 | -1.5% |
| Recurring financial charges | 65 | €247 | €243 | -€4 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €22,812 | €42,865 | +€20,054 | +87.9% |
| Income taxes | 67/77 | €5,199 | €9,210 | +€4,011 | +77.1% |
| Profit (loss) for the period | 9904 | €17,613 | €33,656 | +€16,043 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,613 | €33,656 | +€16,043 | +91.1% |
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.