DRAGONETTI: 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.
DRAGONETTI
Largest movements
- Tangible fixed assets +€47,260
up €47,260 (+270.2%), from €17,488 to €64,748
of which Furniture and vehicles: +€32,999
- Cash +€3,547
up €3,547 (+10.2%), from €34,617 to €38,164
mainly Debts after one year (+€36,711) and Net result for the year (+€19,681)
- Receivables within one year -€1,412
down €1,412 (-20.4%), from €6,927 to €5,515
of which Other amounts receivable: -€1,800
- Debts after one year +€36,711
new in 2025: €36,711
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Profit (loss) carried forward +€19,681
up €19,681 (+82.6%), from €23,836 to €43,516
- Current portion of long-term debt +€5,999
new in 2025: €5,999
- Tax, wage and social debts +€5,487
up €5,487 (+45.5%), from €12,070 to €17,557
- Gross operating margin -€17,732
down €17,732 (-29.5%), from €60,013 to €42,281
- Depreciation +€11,680
up €11,680 (+445.0%), from €2,625 to €14,305
- Taxes -€6,582
down €6,582 (-54.5%), from €12,070 to €5,487
- Financial charges +€658
up €658 (+53.3%), from €1,235 to €1,894
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 | €59,203 | €109,680 | +€50,477 | +85.3% |
| Fixed assets | 21/28 | €17,488 | €64,748 | +€47,260 | +270.2% |
| Tangible fixed assets | 22/27 | €17,488 | €64,748 | +€47,260 | +270.2% |
| Furniture and vehicles | 24 | €12,867 | €45,865 | +€32,999 | +256.5% |
| Leasing and similar rights | 25 | €4,621 | €18,883 | +€14,262 | +308.6% |
| Current assets | 29/58 | €41,715 | €44,932 | +€3,217 | +7.7% |
| Amounts receivable within one year | 40/41 | €6,927 | €5,515 | -€1,412 | -20.4% |
| Trade receivables | 40 | €2,619 | €3,008 | +€389 | +14.8% |
| Other amounts receivable | 41 | €4,308 | €2,507 | -€1,800 | -41.8% |
| Cash at bank and in hand | 54/58 | €34,617 | €38,164 | +€3,547 | +10.2% |
| Deferred charges and accrued income | 490/1 | €171 | €1,253 | +€1,082 | +632.3% |
| Total equity and liabilities | 10/49 | €59,203 | €109,680 | +€50,477 | +85.3% |
| Equity | 10/15 | €25,836 | €45,516 | +€19,681 | +76.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,836 | €43,516 | +€19,681 | +82.6% |
| Amounts payable | 17/49 | €33,367 | €64,163 | +€30,797 | +92.3% |
| Amounts payable after more than one year | 17 | - | €36,711 | +€36,711 | |
| Financial debts | 170/4 | - | €36,711 | +€36,711 | |
| Amounts payable within one year | 42/48 | €33,367 | €27,452 | -€5,915 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,999 | +€5,999 | |
| Trade debts | 44 | €1,297 | €3,896 | +€2,599 | +200.4% |
| Suppliers | 440/4 | €1,297 | €3,896 | +€2,599 | +200.4% |
| Taxes, remuneration and social security | 45 | €12,070 | €17,557 | +€5,487 | +45.5% |
| Taxes | 450/3 | €12,070 | €17,557 | +€5,487 | +45.5% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,625 | €14,305 | +€11,680 | +445.0% |
| Other operating charges | 640/8 | €501 | €1,011 | +€510 | +101.7% |
| Gross operating margin | 9900 | €60,013 | €42,281 | -€17,732 | -29.5% |
| Operating profit (loss) | 9901 | €56,887 | €26,965 | -€29,922 | -52.6% |
| Financial income | 75/76B | €253 | €96 | -€157 | -62.1% |
| Recurring financial income | 75 | €253 | €96 | -€157 | -62.1% |
| Financial charges | 65/66B | €1,235 | €1,894 | +€658 | +53.3% |
| Recurring financial charges | 65 | €1,235 | €1,894 | +€658 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €55,905 | €25,168 | -€30,737 | -55.0% |
| Income taxes | 67/77 | €12,070 | €5,487 | -€6,582 | -54.5% |
| Profit (loss) for the period | 9904 | €43,836 | €19,681 | -€24,155 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,836 | €19,681 | -€24,155 | -55.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.