DRAGONFLY GROUP: 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.
DRAGONFLY GROUP
Largest movements
- Stocks and contracts +€98,902
up €98,902 (+22.9%), from €431,036 to €529,938
- Cash +€11,455
up €11,455 (+67.6%), from €16,957 to €28,412
mainly Other debts (+€82,700) and Debts after one year (+€48,000)
- Other debts +€82,700
up €82,700 (+152.0%), from €54,421 to €137,121
- Debts after one year +€48,000
up €48,000 (+11.1%), from €432,000 to €480,000
- Profit (loss) carried forward -€36,014
down €36,014 (-85.6%), from -€42,059 to -€78,074
- Trade debts +€19,660
up €19,660 (+11650.3%), from €169 to €19,829
- Gross operating margin -€11,237
down €11,237 (-780.3%), from -€1,440 to -€12,677
- Financial charges -€1,002
down €1,002 (-4.2%), from €23,659 to €22,658
- Depreciation -€388
down €388 (-58.1%), from €668 to €280
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 | €448,751 | €561,260 | +€112,509 | +25.1% |
| Formation expenses | 20 | €280 | - | -€280 | |
| Current assets | 29/58 | €448,471 | €561,260 | +€112,789 | +25.1% |
| Stocks and contracts in progress | 3 | €431,036 | €529,938 | +€98,902 | +22.9% |
| Stocks | 30/36 | €431,036 | €529,938 | +€98,902 | +22.9% |
| Amounts receivable within one year | 40/41 | - | €2,019 | +€2,019 | |
| Trade receivables | 40 | - | €1,339 | +€1,339 | |
| Other amounts receivable | 41 | - | €680 | +€680 | |
| Cash at bank and in hand | 54/58 | €16,957 | €28,412 | +€11,455 | +67.6% |
| Deferred charges and accrued income | 490/1 | €478 | €891 | +€412 | +86.1% |
| Total equity and liabilities | 10/49 | €448,751 | €561,260 | +€112,509 | +25.1% |
| Equity | 10/15 | -€40,059 | -€76,074 | -€36,014 | -89.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,059 | -€78,074 | -€36,014 | -85.6% |
| Amounts payable | 17/49 | €488,811 | €637,333 | +€148,523 | +30.4% |
| Amounts payable after more than one year | 17 | €432,000 | €480,000 | +€48,000 | +11.1% |
| Financial debts | 170/4 | €432,000 | €480,000 | +€48,000 | +11.1% |
| Amounts payable within one year | 42/48 | €54,765 | €157,333 | +€102,569 | +187.3% |
| Trade debts | 44 | €169 | €19,829 | +€19,660 | +11650.3% |
| Suppliers | 440/4 | €169 | €19,829 | +€19,660 | +11650.3% |
| Taxes, remuneration and social security | 45 | €175 | €384 | +€209 | +119.1% |
| Taxes | 450/3 | €175 | €384 | +€209 | +119.1% |
| Other amounts payable | 47/48 | €54,421 | €137,121 | +€82,700 | +152.0% |
| Accrued charges and deferred income | 492/3 | €2,046 | - | -€2,046 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €668 | €280 | -€388 | -58.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,440 | -€12,677 | -€11,237 | -780.3% |
| Operating profit (loss) | 9901 | -€2,496 | -€13,357 | -€10,861 | -435.2% |
| Financial income | 75/76B | €1 | €1 | -€0 | -16.7% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -16.7% |
| Financial charges | 65/66B | €23,659 | €22,658 | -€1,002 | -4.2% |
| Recurring financial charges | 65 | €23,659 | €22,658 | -€1,002 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,155 | -€36,014 | -€9,860 | -37.7% |
| Profit (loss) for the period | 9904 | -€26,155 | -€36,014 | -€9,860 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,155 | -€36,014 | -€9,860 | -37.7% |
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 1 October 2026 via checked.be.