DRAGON INVEST: 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.
DRAGON INVEST
Largest movements
- Financial fixed assets -€104,875
down €104,875 (-21.5%), from €487,510 to €382,635
- Receivables within one year +€30,166
up €30,166 (+8.9%), from €337,607 to €367,773
- Reserves -€125,163
down €125,163 (-16.0%), from €783,448 to €658,285
- Other debts +€38,618
up €38,618 (+810%), from €4,766 to €43,384
- Financial income -€91,534
down €91,534 (-54.6%), from €167,742 to €76,208
of which Financial income: -€163,141
- Financial charges +€30,479
up €30,479 (+19.0%), from €160,300 to €190,780
of which Non-recurring financial charges: +€20,000
- Gross operating margin +€916
up €916 (+14.2%), from -€6,452 to -€5,536
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 | €834,296 | €750,649 | -€83,647 | -10.0% |
| Fixed assets | 21/28 | €487,510 | €382,635 | -€104,875 | -21.5% |
| Financial fixed assets | 28 | €487,510 | €382,635 | -€104,875 | -21.5% |
| Current assets | 29/58 | €346,787 | €368,014 | +€21,228 | +6.1% |
| Amounts receivable within one year | 40/41 | €337,607 | €367,773 | +€30,166 | +8.9% |
| Other amounts receivable | 41 | €337,607 | €367,773 | +€30,166 | +8.9% |
| Cash at bank and in hand | 54/58 | €880 | €242 | -€638 | -72.5% |
| Deferred charges and accrued income | 490/1 | €8,300 | - | -€8,300 | |
| Total equity and liabilities | 10/49 | €834,296 | €750,649 | -€83,647 | -10.0% |
| Equity | 10/15 | €829,060 | €703,897 | -€125,163 | -15.1% |
| Contributions | 10/11 | €45,612 | €45,612 | = | 0.0% |
| Reserves | 13 | €783,448 | €658,285 | -€125,163 | -16.0% |
| Distributable reserves | 133 | €783,448 | €658,285 | -€125,163 | -16.0% |
| Amounts payable | 17/49 | €5,236 | €46,752 | +€41,515 | +793% |
| Amounts payable within one year | 42/48 | €5,236 | €46,752 | +€41,515 | +793% |
| Trade debts | 44 | €470 | €3,368 | +€2,898 | +617% |
| Suppliers | 440/4 | €470 | €3,368 | +€2,898 | +617% |
| Other amounts payable | 47/48 | €4,766 | €43,384 | +€38,618 | +810% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Non-recurring operating charges | 66A | - | €4,088 | +€4,088 | |
| Gross operating margin | 9900 | -€6,452 | -€5,536 | +€916 | +14.2% |
| Operating profit (loss) | 9901 | -€7,412 | -€10,592 | -€3,180 | -42.9% |
| Financial income | 75/76B | €167,742 | €76,208 | -€91,534 | -54.6% |
| Recurring financial income | 75 | €167,742 | €4,601 | -€163,141 | -97.3% |
| Non-recurring financial income | 76B | - | €71,607 | +€71,607 | |
| Financial charges | 65/66B | €160,300 | €190,780 | +€30,479 | +19.0% |
| Recurring financial charges | 65 | €300 | €10,780 | +€10,479 | +3,490% |
| Non-recurring financial charges | 66B | €160,000 | €180,000 | +€20,000 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €29 | -€125,163 | -€125,192 | |
| Profit (loss) for the period | 9904 | €29 | -€125,163 | -€125,192 | |
| Profit (loss) for the period to be appropriated | 9905 | €29 | -€125,163 | -€125,192 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.