DRAKE: 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.
DRAKE
Largest movements
- Cash +€1,329
up €1,329 (+7939.8%), from €17 to €1,346
mainly Net result for the year (+€7,289) and Depreciation (+€332)
- Receivables within one year +€760
up €760 (+24.7%), from €3,080 to €3,840
- Tangible fixed assets -€332
down €332 (-50.0%), from €664 to €332
- Deferred charges and accrued income +€141
up €141 (+2020.8%), from €7 to €148
- Profit (loss) carried forward +€7,289
up €7,289 (+4.1%), from -€177,199 to -€169,911
- Other debts -€5,569
down €5,569 (-3.3%), from €167,937 to €162,368
- Trade debts +€178
up €178 (+588.7%), from €30 to €208
- Gross operating margin +€1,126
up €1,126 (+15.8%), from €7,142 to €8,267
- Depreciation +€332
new in 2025: €332
- Other operating charges +€87
up €87 (+16.8%), from €516 to €603
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 | €3,768 | €5,666 | +€1,898 | +50.4% |
| Fixed assets | 21/28 | €664 | €332 | -€332 | -50.0% |
| Tangible fixed assets | 22/27 | €664 | €332 | -€332 | -50.0% |
| Furniture and vehicles | 24 | €664 | €332 | -€332 | -50.0% |
| Current assets | 29/58 | €3,104 | €5,334 | +€2,230 | +71.8% |
| Amounts receivable within one year | 40/41 | €3,080 | €3,840 | +€760 | +24.7% |
| Trade receivables | 40 | €3,080 | €3,840 | +€760 | +24.7% |
| Cash at bank and in hand | 54/58 | €17 | €1,346 | +€1,329 | +7939.8% |
| Deferred charges and accrued income | 490/1 | €7 | €148 | +€141 | +2020.8% |
| Total equity and liabilities | 10/49 | €3,768 | €5,666 | +€1,898 | +50.4% |
| Equity | 10/15 | -€164,199 | -€156,911 | +€7,289 | +4.4% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,199 | -€169,911 | +€7,289 | +4.1% |
| Amounts payable | 17/49 | €167,968 | €162,577 | -€5,391 | -3.2% |
| Amounts payable within one year | 42/48 | €167,968 | €162,577 | -€5,391 | -3.2% |
| Trade debts | 44 | €30 | €208 | +€178 | +588.7% |
| Suppliers | 440/4 | €30 | €208 | +€178 | +588.7% |
| Other amounts payable | 47/48 | €167,937 | €162,368 | -€5,569 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €332 | +€332 | |
| Other operating charges | 640/8 | €516 | €603 | +€87 | +16.8% |
| Gross operating margin | 9900 | €7,142 | €8,267 | +€1,126 | +15.8% |
| Operating profit (loss) | 9901 | €6,625 | €7,332 | +€707 | +10.7% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €6,586 | €7,289 | +€702 | +10.7% |
| Profit (loss) for the period | 9904 | €6,586 | €7,289 | +€702 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,586 | €7,289 | +€702 | +10.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.