DRAGACO: 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.
DRAGACO
Largest movements
- Cash -€6,542
down €6,542 (-17.9%), from €36,648 to €30,106
mainly Contributions, distributions and other (-€9,173) and Receivables within one year (-€3,160)
- Receivables within one year +€3,160
up €3,160 (+54.4%), from €5,813 to €8,973
of which Trade receivables: +€2,057
- Tangible fixed assets -€1,198
down €1,198 (-46.8%), from €2,562 to €1,364
- Reserves -€4,231
down €4,231 (-15.3%), from €27,633 to €23,403
of which Distributable reserves: -€4,231
- Gross operating margin -€4,615
down €4,615 (-33.0%), from €14,000 to €9,384
- Taxes -€1,104
down €1,104 (-26.4%), from €4,173 to €3,070
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.
Derived cash bridge
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 | €45,023 | €40,443 | -€4,580 | -10.2% |
| Fixed assets | 21/28 | €2,562 | €1,364 | -€1,198 | -46.8% |
| Tangible fixed assets | 22/27 | €2,562 | €1,364 | -€1,198 | -46.8% |
| Furniture and vehicles | 24 | €2,562 | €1,364 | -€1,198 | -46.8% |
| Current assets | 29/58 | €42,461 | €39,079 | -€3,382 | -8.0% |
| Amounts receivable within one year | 40/41 | €5,813 | €8,973 | +€3,160 | +54.4% |
| Trade receivables | 40 | €3,388 | €5,445 | +€2,057 | +60.7% |
| Other amounts receivable | 41 | €2,425 | €3,528 | +€1,103 | +45.5% |
| Cash at bank and in hand | 54/58 | €36,648 | €30,106 | -€6,542 | -17.9% |
| Total equity and liabilities | 10/49 | €45,023 | €40,443 | -€4,580 | -10.2% |
| Equity | 10/15 | €34,965 | €30,428 | -€4,537 | -13.0% |
| Contributions | 10/11 | €7,026 | €7,026 | = | 0.0% |
| Reserves | 13 | €27,633 | €23,403 | -€4,231 | -15.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €27,633 | €23,403 | -€4,231 | -15.3% |
| Profit (loss) carried forward | 14 | €306 | €0 | -€306 | -100% |
| Amounts payable | 17/49 | €10,058 | €10,015 | -€43 | -0.4% |
| Amounts payable within one year | 42/48 | €10,058 | €10,015 | -€43 | -0.4% |
| Taxes, remuneration and social security | 45 | €457 | €841 | +€384 | +83.9% |
| Taxes | 450/3 | €457 | €841 | +€384 | +83.9% |
| Other amounts payable | 47/48 | €9,600 | €9,173 | -€427 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,194 | €1,198 | +€4 | +0.4% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Non-recurring operating charges | 66A | €990 | €0 | -€990 | -100% |
| Gross operating margin | 9900 | €14,000 | €9,384 | -€4,615 | -33.0% |
| Operating profit (loss) | 9901 | €11,365 | €7,721 | -€3,644 | -32.1% |
| Financial charges | 65/66B | - | €15 | +€15 | |
| Recurring financial charges | 65 | - | €15 | +€15 | |
| Profit (loss) for the period before taxes | 9903 | €11,365 | €7,706 | -€3,659 | -32.2% |
| Income taxes | 67/77 | €4,173 | €3,070 | -€1,104 | -26.4% |
| Profit (loss) for the period | 9904 | €7,192 | €4,636 | -€2,556 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,192 | €4,636 | -€2,556 | -35.5% |
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 14 October 2026 via checked.be.