DRAGON'NET Services: 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'NET Services
Largest movements
- Cash -€24,863
down €24,863 (-42.2%), from €58,929 to €34,066
mainly Investment in fixed assets (net) (-€45,258) and Net result for the year (-€29,519)
- Tangible fixed assets +€24,493
up €24,493 (+21.7%), from €113,057 to €137,550
of which Furniture and vehicles: +€37,752
- Receivables within one year +€3,423
new in 2025: €3,423
- Deferred charges and accrued income +€2,853
up €2,853 (+10.3%), from €27,775 to €30,629
- Profit (loss) carried forward -€29,519
down €29,519 (-40.7%), from -€72,609 to -€102,128
- Trade debts +€16,851
up €16,851 (+82.4%), from €20,449 to €37,300
- Debts after one year +€12,624
up €12,624 (+12.2%), from €103,878 to €116,502
- Current portion of long-term debt +€11,093
up €11,093 (+47.2%), from €23,502 to €34,595
- Tax, wage and social debts -€3,867
down €3,867 (-4.3%), from €90,452 to €86,585
of which Remuneration and social security: -€3,636
- Gross operating margin -€98,332
down €98,332 (-12.8%), from €766,107 to €667,774
- Staff costs -€65,890
down €65,890 (-8.9%), from €743,569 to €677,679
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 | €213,260 | €220,204 | +€6,944 | +3.3% |
| Fixed assets | 21/28 | €126,556 | €152,087 | +€25,530 | +20.2% |
| Tangible fixed assets | 22/27 | €113,057 | €137,550 | +€24,493 | +21.7% |
| Plant, machinery and equipment | 23 | €6,060 | €1,987 | -€4,074 | -67.2% |
| Furniture and vehicles | 24 | €4,291 | €42,043 | +€37,752 | +880% |
| Leasing and similar rights | 25 | €102,705 | €93,520 | -€9,185 | -8.9% |
| Financial fixed assets | 28 | €13,499 | €14,537 | +€1,037 | +7.7% |
| Current assets | 29/58 | €86,704 | €68,118 | -€18,586 | -21.4% |
| Amounts receivable within one year | 40/41 | - | €3,423 | +€3,423 | |
| Other amounts receivable | 41 | - | €3,423 | +€3,423 | |
| Cash at bank and in hand | 54/58 | €58,929 | €34,066 | -€24,863 | -42.2% |
| Deferred charges and accrued income | 490/1 | €27,775 | €30,629 | +€2,853 | +10.3% |
| Total equity and liabilities | 10/49 | €213,260 | €220,204 | +€6,944 | +3.3% |
| Equity | 10/15 | -€26,185 | -€55,705 | -€29,519 | -113% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Capital | 10 | €6,300 | €6,300 | = | 0.0% |
| Issued capital | 100 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €40,124 | €40,124 | = | 0.0% |
| Non-distributable reserves | 130/1 | €630 | €630 | = | 0.0% |
| Legal reserve | 130 | €630 | €630 | = | 0.0% |
| Distributable reserves | 133 | €39,494 | €39,494 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,609 | -€102,128 | -€29,519 | -40.7% |
| Amounts payable | 17/49 | €239,445 | €275,909 | +€36,464 | +15.2% |
| Amounts payable after more than one year | 17 | €103,878 | €116,502 | +€12,624 | +12.2% |
| Financial debts | 170/4 | €103,878 | €116,502 | +€12,624 | +12.2% |
| Amounts payable within one year | 42/48 | €134,639 | €158,480 | +€23,840 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €23,502 | €34,595 | +€11,093 | +47.2% |
| Trade debts | 44 | €20,449 | €37,300 | +€16,851 | +82.4% |
| Suppliers | 440/4 | €20,449 | €37,300 | +€16,851 | +82.4% |
| Taxes, remuneration and social security | 45 | €90,452 | €86,585 | -€3,867 | -4.3% |
| Taxes | 450/3 | €2,122 | €1,891 | -€231 | -10.9% |
| Remuneration and social security | 454/9 | €88,330 | €84,694 | -€3,636 | -4.1% |
| Other amounts payable | 47/48 | €236 | - | -€236 | |
| Accrued charges and deferred income | 492/3 | €928 | €927 | -€0 | -0.1% |
| Remuneration, social security and pensions | 62 | €743,569 | €677,679 | -€65,890 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,167 | €19,727 | +€3,560 | +22.0% |
| Other operating charges | 640/8 | €1,592 | €2,643 | +€1,052 | +66.1% |
| Gross operating margin | 9900 | €766,107 | €667,774 | -€98,332 | -12.8% |
| Operating profit (loss) | 9901 | €4,778 | -€32,275 | -€37,054 | |
| Financial income | 75/76B | €152 | €7,184 | +€7,032 | +4,640% |
| Recurring financial income | 75 | €152 | €88 | -€63 | -41.7% |
| Non-recurring financial income | 76B | - | €7,096 | +€7,096 | |
| Financial charges | 65/66B | €2,964 | €4,403 | +€1,439 | +48.6% |
| Recurring financial charges | 65 | €2,964 | €4,403 | +€1,439 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | €1,966 | -€29,494 | -€31,460 | |
| Income taxes | 67/77 | €2,115 | €25 | -€2,089 | -98.8% |
| Profit (loss) for the period | 9904 | -€149 | -€29,519 | -€29,371 | -19,762% |
| Profit (loss) for the period to be appropriated | 9905 | -€149 | -€29,519 | -€29,371 | -19,762% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.