DRAGON IT Services: 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 IT Services
Largest movements
- Cash +€72,067
up €72,067 (+34.8%), from €206,966 to €279,032
mainly Receivables within one year (+€41,585) and Net result for the year (+€22,017)
- Receivables within one year -€41,585
down €41,585 (-89.0%), from €46,703 to €5,118
of which Trade receivables: -€46,703
- Tangible fixed assets -€12,613
down €12,613 (-52.1%), from €24,204 to €11,591
of which Furniture and vehicles: -€12,383
- Profit (loss) carried forward +€22,017
up €22,017 (+9.8%), from €225,615 to €247,633
- Tax, wage and social debts -€5,288
down €5,288 (-17.3%), from €30,510 to €25,222
- Gross operating margin -€38,068
down €38,068 (-39.8%), from €95,736 to €57,668
- Write-downs +€16,573
new in 2024: €16,573
- Taxes -€11,878
down €11,878 (-67.0%), from €17,737 to €5,859
- Depreciation -€1,520
down €1,520 (-10.8%), from €14,133 to €12,613
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,922 | €295,791 | +€17,869 | +6.4% |
| Fixed assets | 21/28 | €24,254 | €11,641 | -€12,613 | -52.0% |
| Tangible fixed assets | 22/27 | €24,204 | €11,591 | -€12,613 | -52.1% |
| Furniture and vehicles | 24 | €22,715 | €10,332 | -€12,383 | -54.5% |
| Other tangible fixed assets | 26 | €1,489 | €1,259 | -€230 | -15.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €253,668 | €284,150 | +€30,482 | +12.0% |
| Amounts receivable within one year | 40/41 | €46,703 | €5,118 | -€41,585 | -89.0% |
| Trade receivables | 40 | €46,703 | - | -€46,703 | |
| Other amounts receivable | 41 | - | €5,118 | +€5,118 | |
| Cash at bank and in hand | 54/58 | €206,966 | €279,032 | +€72,067 | +34.8% |
| Total equity and liabilities | 10/49 | €277,922 | €295,791 | +€17,869 | +6.4% |
| Equity | 10/15 | €245,615 | €267,633 | +€22,017 | +9.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €225,615 | €247,633 | +€22,017 | +9.8% |
| Amounts payable | 17/49 | €32,307 | €28,158 | -€4,148 | -12.8% |
| Amounts payable within one year | 42/48 | €32,307 | €28,147 | -€4,160 | -12.9% |
| Trade debts | 44 | €1,460 | €2,812 | +€1,352 | +92.6% |
| Suppliers | 440/4 | €1,460 | €2,812 | +€1,352 | +92.6% |
| Taxes, remuneration and social security | 45 | €30,510 | €25,222 | -€5,288 | -17.3% |
| Taxes | 450/3 | €30,510 | €25,222 | -€5,288 | -17.3% |
| Other amounts payable | 47/48 | €337 | €113 | -€224 | -66.5% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,133 | €12,613 | -€1,520 | -10.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,573 | +€16,573 | |
| Other operating charges | 640/8 | - | €401 | +€401 | |
| Gross operating margin | 9900 | €95,736 | €57,668 | -€38,068 | -39.8% |
| Operating profit (loss) | 9901 | €81,603 | €28,082 | -€53,520 | -65.6% |
| Financial income | 75/76B | €279 | - | -€279 | |
| Recurring financial income | 75 | €279 | - | -€279 | |
| Financial charges | 65/66B | €148 | €206 | +€58 | +39.5% |
| Recurring financial charges | 65 | €148 | €206 | +€58 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €81,734 | €27,876 | -€53,858 | -65.9% |
| Income taxes | 67/77 | €17,737 | €5,859 | -€11,878 | -67.0% |
| Profit (loss) for the period | 9904 | €63,997 | €22,017 | -€41,980 | -65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €63,997 | €22,017 | -€41,980 | -65.6% |
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 4 October 2026 via checked.be.