Dragon Advice: 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.
Dragon Advice
Largest movements
- Cash -€3,048
down €3,048 (-35.0%), from €8,697 to €5,650
mainly Investment in fixed assets (net) (-€1,410) and Receivables within one year (-€1,239)
- Receivables within one year +€1,239
up €1,239 (+7.8%), from €15,790 to €17,029
of which Trade receivables: +€3,040
- Tangible fixed assets +€876
up €876 (+237.3%), from €369 to €1,246
- Profit (loss) carried forward -€764
down €764 (-6.5%), from €11,684 to €10,920
- Trade debts -€490
no longer reported in 2025 (was €490)
- Tax, wage and social debts +€322
up €322 (+114.0%), from €282 to €604
- Gross operating margin +€2,792
up €2,792, from -€1,908 to €884
- Taxes +€794
up €794 (+196.9%), from €403 to €1,197
- Financial income +€135
up €135 (+30.4%), from €444 to €580
- Depreciation +€90
up €90 (+20.4%), from €443 to €534
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 | €24,857 | €23,924 | -€933 | -3.8% |
| Fixed assets | 21/28 | €369 | €1,246 | +€876 | +237.3% |
| Tangible fixed assets | 22/27 | €369 | €1,246 | +€876 | +237.3% |
| Plant, machinery and equipment | 23 | €369 | €1,246 | +€876 | +237.3% |
| Current assets | 29/58 | €24,487 | €22,678 | -€1,809 | -7.4% |
| Amounts receivable within one year | 40/41 | €15,790 | €17,029 | +€1,239 | +7.8% |
| Trade receivables | 40 | €2,127 | €5,167 | +€3,040 | +142.9% |
| Other amounts receivable | 41 | €13,663 | €11,862 | -€1,801 | -13.2% |
| Cash at bank and in hand | 54/58 | €8,697 | €5,650 | -€3,048 | -35.0% |
| Total equity and liabilities | 10/49 | €24,857 | €23,924 | -€933 | -3.8% |
| Equity | 10/15 | €24,084 | €23,320 | -€764 | -3.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | €11,684 | €10,920 | -€764 | -6.5% |
| Amounts payable | 17/49 | €772 | €604 | -€169 | -21.8% |
| Amounts payable within one year | 42/48 | €772 | €604 | -€169 | -21.8% |
| Trade debts | 44 | €490 | - | -€490 | |
| Suppliers | 440/4 | €490 | - | -€490 | |
| Taxes, remuneration and social security | 45 | €282 | €604 | +€322 | +114.0% |
| Taxes | 450/3 | €282 | €604 | +€322 | +114.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443 | €534 | +€90 | +20.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€1,908 | €884 | +€2,792 | |
| Operating profit (loss) | 9901 | -€2,736 | -€37 | +€2,699 | +98.6% |
| Financial income | 75/76B | €444 | €580 | +€135 | +30.4% |
| Recurring financial income | 75 | €444 | €580 | +€135 | +30.4% |
| Financial charges | 65/66B | €110 | €110 | +€0 | 0.0% |
| Recurring financial charges | 65 | €110 | €110 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,401 | €432 | +€2,834 | |
| Income taxes | 67/77 | €403 | €1,197 | +€794 | +196.9% |
| Profit (loss) for the period | 9904 | -€2,804 | -€764 | +€2,040 | +72.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,804 | -€764 | +€2,040 | +72.8% |
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 5 October 2026 via checked.be.