DRAKESTEYN: 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.
DRAKESTEYN
Largest movements
- Receivables within one year -€77,912
down €77,912 (-94.2%), from €82,681 to €4,768
- Cash -€19,354
down €19,354 (-58.2%), from €33,229 to €13,875
mainly Contributions, distributions and other (-€500,000) and Provisions (-€158,111)
- Other debts +€500,000
up €500,000, from €0 to €500,000
- Reserves -€432,482
down €432,482 (-87.0%), from €497,114 to €64,632
of which Tax-exempt reserves: -€474,333
- Provisions -€158,111
down €158,111 (-100.0%), from €158,111 to €0
- Debts after one year -€31,468
down €31,468 (-6.6%), from €479,396 to €447,928
of which Financial debts: -€43,056
- Tax, wage and social debts +€17,872
up €17,872 (+4143.3%), from €431 to €18,304
- Gross operating margin -€106,812
down €106,812, from €105,144 to -€1,669
- Financial income +€28,746
up €28,746 (+192.3%), from €14,949 to €43,694
- Taxes +€14,804
up €14,804 (+3431.9%), from €431 to €15,235
- Financial charges +€1,591
up €1,591 (+7.9%), from €20,136 to €21,727
- Depreciation -€1,310
down €1,310 (-12.6%), from €10,386 to €9,076
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 | €1,386,915 | €1,282,727 | -€104,188 | -7.5% |
| Fixed assets | 21/28 | €192,938 | €183,862 | -€9,076 | -4.7% |
| Tangible fixed assets | 22/27 | €192,938 | €183,862 | -€9,076 | -4.7% |
| Land and buildings | 22 | €192,938 | €183,862 | -€9,076 | -4.7% |
| Current assets | 29/58 | €1,193,977 | €1,098,865 | -€95,112 | -8.0% |
| Amounts receivable after more than one year | 29 | €1,077,109 | €1,078,210 | +€1,101 | +0.1% |
| Other amounts receivable | 291 | €1,077,109 | €1,078,210 | +€1,101 | +0.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €82,681 | €4,768 | -€77,912 | -94.2% |
| Other amounts receivable | 41 | €82,681 | €4,768 | -€77,912 | -94.2% |
| Cash at bank and in hand | 54/58 | €33,229 | €13,875 | -€19,354 | -58.2% |
| Deferred charges and accrued income | 490/1 | €959 | €2,012 | +€1,053 | +109.8% |
| Total equity and liabilities | 10/49 | €1,386,915 | €1,282,727 | -€104,188 | -7.5% |
| Equity | 10/15 | €517,114 | €84,632 | -€432,482 | -83.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €497,114 | €64,632 | -€432,482 | -87.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €474,333 | €0 | -€474,333 | -100.0% |
| Distributable reserves | 133 | €20,781 | €62,632 | +€41,852 | +201.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €158,111 | €0 | -€158,111 | -100.0% |
| Deferred taxes | 168 | €158,111 | €0 | -€158,111 | -100.0% |
| Amounts payable | 17/49 | €711,690 | €1,198,094 | +€486,404 | +68.3% |
| Amounts payable after more than one year | 17 | €479,396 | €447,928 | -€31,468 | -6.6% |
| Financial debts | 170/4 | €354,059 | €311,003 | -€43,056 | -12.2% |
| Other amounts payable | 178/9 | €125,337 | €136,925 | +€11,588 | +9.2% |
| Amounts payable within one year | 42/48 | €232,293 | €750,166 | +€517,872 | +222.9% |
| Trade debts | 44 | €231,862 | €231,862 | = | 0.0% |
| Suppliers | 440/4 | €231,862 | €231,862 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €431 | €18,304 | +€17,872 | +4143.3% |
| Taxes | 450/3 | €431 | €18,304 | +€17,872 | +4143.3% |
| Other amounts payable | 47/48 | €0 | €500,000 | +€500,000 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,386 | €9,076 | -€1,310 | -12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €80,313 | €80,312 | -€1 | 0.0% |
| Other operating charges | 640/8 | €6,078 | €6,267 | +€189 | +3.1% |
| Gross operating margin | 9900 | €105,144 | -€1,669 | -€106,812 | |
| Operating profit (loss) | 9901 | €8,366 | -€97,324 | -€105,691 | |
| Financial income | 75/76B | €14,949 | €43,694 | +€28,746 | +192.3% |
| Recurring financial income | 75 | €14,949 | €43,694 | +€28,746 | +192.3% |
| Financial charges | 65/66B | €20,136 | €21,727 | +€1,591 | +7.9% |
| Recurring financial charges | 65 | €20,136 | €21,727 | +€1,591 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €3,179 | -€75,358 | -€78,537 | |
| Transfer from deferred taxes | 780 | - | €158,111 | +€158,111 | |
| Income taxes | 67/77 | €431 | €15,235 | +€14,804 | +3431.9% |
| Profit (loss) for the period | 9904 | €2,748 | €67,518 | +€64,771 | +2357.3% |
| Transfer from tax-exempt reserves | 789 | - | €474,333 | +€474,333 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,748 | €541,852 | +€539,104 | +19620.1% |
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 8 October 2026 via checked.be.