DRAGON KING: 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 KING
Largest movements
- Tangible fixed assets -€23,220
down €23,220 (-20.3%), from €114,503 to €91,283
of which Furniture and vehicles: -€14,480
- Cash -€1,926
down €1,926 (-3.4%), from €56,084 to €54,158
mainly Contributions, distributions and other (-€28,571) and Debts after one year (-€17,015)
- Deferred charges and accrued income -€1,815
down €1,815 (-76.8%), from €2,363 to €548
- Debts after one year -€17,015
down €17,015 (-45.0%), from €37,796 to €20,781
- Tax, wage and social debts -€7,922
down €7,922 (-44.3%), from €17,880 to €9,958
of which Taxes: -€7,948
- Other debts +€4,409
up €4,409 (+18.2%), from €24,286 to €28,695
- Profit (loss) carried forward -€4,134
down €4,134 (-8.6%), from €48,050 to €43,916
- Current portion of long-term debt -€2,130
down €2,130 (-11.1%), from €19,130 to €17,000
- Financial income -€11,627
down €11,627 (-100.0%), from €11,628 to €1
of which Non-recurring financial income: -€11,627
- Gross operating margin -€7,353
down €7,353 (-8.4%), from €87,063 to €79,709
- Depreciation +€6,476
up €6,476 (+37.5%), from €17,253 to €23,729
- Staff costs -€4,842
down €4,842 (-21.8%), from €22,199 to €17,357
- Taxes -€2,084
down €2,084 (-17.7%), from €11,783 to €9,699
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 | €175,870 | €147,723 | -€28,147 | -16.0% |
| Fixed assets | 21/28 | €114,676 | €91,455 | -€23,220 | -20.2% |
| Tangible fixed assets | 22/27 | €114,503 | €91,283 | -€23,220 | -20.3% |
| Plant, machinery and equipment | 23 | €57,456 | €48,715 | -€8,740 | -15.2% |
| Furniture and vehicles | 24 | €57,048 | €42,568 | -€14,480 | -25.4% |
| Financial fixed assets | 28 | €172 | €172 | = | 0.0% |
| Current assets | 29/58 | €61,195 | €56,268 | -€4,927 | -8.1% |
| Stocks and contracts in progress | 3 | €420 | €751 | +€331 | +78.7% |
| Stocks | 30/36 | €420 | €751 | +€331 | +78.7% |
| Amounts receivable within one year | 40/41 | €2,328 | €811 | -€1,516 | -65.1% |
| Trade receivables | 40 | - | €354 | +€354 | |
| Other amounts receivable | 41 | €2,328 | €457 | -€1,871 | -80.4% |
| Cash at bank and in hand | 54/58 | €56,084 | €54,158 | -€1,926 | -3.4% |
| Deferred charges and accrued income | 490/1 | €2,363 | €548 | -€1,815 | -76.8% |
| Total equity and liabilities | 10/49 | €175,870 | €147,723 | -€28,147 | -16.0% |
| Equity | 10/15 | €74,127 | €69,994 | -€4,134 | -5.6% |
| Contributions | 10/11 | €26,078 | €26,078 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,050 | €43,916 | -€4,134 | -8.6% |
| Amounts payable | 17/49 | €101,743 | €77,730 | -€24,013 | -23.6% |
| Amounts payable after more than one year | 17 | €37,796 | €20,781 | -€17,015 | -45.0% |
| Financial debts | 170/4 | €37,796 | €20,781 | -€17,015 | -45.0% |
| Amounts payable within one year | 42/48 | €63,947 | €56,948 | -€6,999 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €19,130 | €17,000 | -€2,130 | -11.1% |
| Trade debts | 44 | €2,651 | €1,296 | -€1,356 | -51.1% |
| Suppliers | 440/4 | €2,651 | €1,296 | -€1,356 | -51.1% |
| Taxes, remuneration and social security | 45 | €17,880 | €9,958 | -€7,922 | -44.3% |
| Taxes | 450/3 | €13,414 | €5,466 | -€7,948 | -59.3% |
| Remuneration and social security | 454/9 | €4,466 | €4,492 | +€26 | +0.6% |
| Other amounts payable | 47/48 | €24,286 | €28,695 | +€4,409 | +18.2% |
| Remuneration, social security and pensions | 62 | €22,199 | €17,357 | -€4,842 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,253 | €23,729 | +€6,476 | +37.5% |
| Other operating charges | 640/8 | €651 | €488 | -€163 | -25.0% |
| Gross operating margin | 9900 | €87,063 | €79,709 | -€7,353 | -8.4% |
| Operating profit (loss) | 9901 | €46,960 | €38,135 | -€8,825 | -18.8% |
| Financial income | 75/76B | €11,628 | €1 | -€11,627 | -100.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +467% |
| Non-recurring financial income | 76B | €11,627 | - | -€11,627 | |
| Financial charges | 65/66B | €3,457 | €4,000 | +€542 | +15.7% |
| Recurring financial charges | 65 | €3,457 | €4,000 | +€542 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €55,130 | €34,136 | -€20,994 | -38.1% |
| Income taxes | 67/77 | €11,783 | €9,699 | -€2,084 | -17.7% |
| Profit (loss) for the period | 9904 | €43,347 | €24,438 | -€18,909 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,347 | €24,438 | -€18,909 | -43.6% |
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 17 October 2026 via checked.be.