Skip to content

DRAGEA: 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

DRAGEA

BE 0737.347.874
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€94,765
2023 · €91,088+€3,676
Equity
€103,557
2023 · €8,792+€94,765
Cash
€4,617
2023 · €241,848-€237,230
Balance sheet total
€135,963
2023 · €409,068-€273,106

Largest movements

2023 to 2024
Assets
  • Cash -€237,230

    down €237,230 (-98.1%), from €241,848 to €4,617

    mainly Other debts (-€362,054) and Tax, wage and social debts (-€5,816)

  • Intangible fixed assets -€25,000

    down €25,000 (-17.1%), from €145,833 to €120,833

  • Receivables within one year -€9,411

    no longer reported in 2024 (was €9,411)

Equity and liabilities
  • Other debts -€362,054

    down €362,054 (-93.8%), from €386,000 to €23,946

  • Reserves +€94,000

    new in 2024: €94,000

  • Tax, wage and social debts -€5,816

    down €5,816 (-40.7%), from €14,276 to €8,460

Income statement
  • Gross operating margin +€4,378

    up €4,378 (+3.0%), from €144,756 to €149,134

From the 2023 result to the 2024 result

effect on the 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 2023 €91,088
Gross operating margin +€4,378
Depreciation -€515
Other operating charges -€33
Financial charges -€21
Taxes -€133
Result 2024 €94,765

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€235,077
Investment -€2,153
Financing €0
Cash 2023 €241,848
Net result for the year +€94,765
Depreciation +€28,617
Receivables within one year +€9,411
Deferred charges and accrued income +€0
Tax, wage and social debts -€5,816
Other debts -€362,054
Investment in fixed assets (net) -€2,153
Cash 2024 €4,617
Every line side by side 32 lines
Line Code 2023 2024 Change %
Total assets 20/58 €409,068 €135,963 -€273,106 -66.8%
Fixed assets 21/28 €156,222 €129,758 -€26,464 -16.9%
Intangible fixed assets 21 €145,833 €120,833 -€25,000 -17.1%
Tangible fixed assets 22/27 €10,389 €8,925 -€1,464 -14.1%
Plant, machinery and equipment 23 €798 €449 -€348 -43.7%
Furniture and vehicles 24 €9,591 €8,476 -€1,116 -11.6%
Current assets 29/58 €252,846 €6,204 -€246,642 -97.5%
Amounts receivable within one year 40/41 €9,411 - -€9,411
Other amounts receivable 41 €9,411 - -€9,411
Cash at bank and in hand 54/58 €241,848 €4,617 -€237,230 -98.1%
Deferred charges and accrued income 490/1 €1,587 €1,587 -€0 0.0%
Total equity and liabilities 10/49 €409,068 €135,963 -€273,106 -66.8%
Equity 10/15 €8,792 €103,557 +€94,765 +1077.8%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 - €94,000 +€94,000
Distributable reserves 133 - €94,000 +€94,000
Profit (loss) carried forward 14 €3,792 €4,557 +€765 +20.2%
Amounts payable 17/49 €400,276 €32,406 -€367,870 -91.9%
Amounts payable within one year 42/48 €400,276 €32,406 -€367,870 -91.9%
Taxes, remuneration and social security 45 €14,276 €8,460 -€5,816 -40.7%
Taxes 450/3 €14,276 €8,460 -€5,816 -40.7%
Other amounts payable 47/48 €386,000 €23,946 -€362,054 -93.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €28,102 €28,617 +€515 +1.8%
Other operating charges 640/8 €942 €975 +€33 +3.5%
Gross operating margin 9900 €144,756 €149,134 +€4,378 +3.0%
Operating profit (loss) 9901 €115,713 €119,543 +€3,830 +3.3%
Financial charges 65/66B €46 €67 +€21 +45.7%
Recurring financial charges 65 €46 €67 +€21 +45.7%
Profit (loss) for the period before taxes 9903 €115,666 €119,475 +€3,809 +3.3%
Income taxes 67/77 €24,578 €24,711 +€133 +0.5%
Profit (loss) for the period 9904 €91,088 €94,765 +€3,676 +4.0%
Profit (loss) for the period to be appropriated 9905 €91,088 €94,765 +€3,676 +4.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.