DRAKKAR GROUP: 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.
What changed
DRAKKAR GROUP
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€86.9m
2024 · €264.2m-€177.3m
Equity
€482.3m
2024 · €395.4m+€86.9m
Cash
€125,346
2024 · €59,002+€66,343
Balance sheet total
€655.1m
2024 · €650.5m+€4.6m
Largest movements
Assets
- Financial fixed assets +€25.7m
up €25.7m (+5.1%), from €500.7m to €526.4m
of which Affiliated companies: +€25.2m
- Receivables within one year -€21.2m
down €21.2m (-14.2%), from €149.7m to €128.5m
of which Other amounts receivable: -€22.9m
Equity and liabilities
- Profit (loss) carried forward +€86.9m
up €86.9m (+26.5%), from €327.5m to €414.4m
- Other debts -€80.0m
down €80.0m (-100.0%), from €80.0m to €155
- Trade debts +€26.1m
up €26.1m (+101%), from €25.8m to €51.9m
- Short-term financial debts -€26.0m
down €26.0m (-21.5%), from €120.5m to €94.6m
Income statement
- Financial income -€172.3m
down €172.3m (-58.6%), from €294.1m to €121.8m
- Turnover +€18.1m
up €18.1m (+92.0%), from €19.7m to €37.9m
- Financial charges +€13.5m
up €13.5m (+55.7%), from €24.2m to €37.7m
of which Non-recurring financial charges: +€17.7m
- Services and other goods +€11.2m
up €11.2m (+65.3%), from €17.2m to €28.5m
- Provisions -€2.7m
down €2.7m, from €2.2m to -€494,778
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.
Result 2024
€264.2m
Turnover
+€18.1m
Other operating income
+€53,790
Services and other goods
-€11.2m
Staff costs
-€134,054
Provisions
+€2.7m
Other operating charges
-€2,148
Other operating items
+€63,650
Financial income
-€172.3m
Financial charges
-€13.5m
Taxes
-€1.1m
Result 2025
€86.9m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€51.7m
Investment
-€25.7m
Financing
-€26.0m
Cash 2024
€59,002
From operations (derived)
+€51.7m
Net result for the year
+€86.9m
Receivables within one year
+€21.2m
Deferred charges and accrued income
-€22
Provisions
-€494,778
Trade debts
+€26.1m
Tax, wage and social debts
-€1.9m
Other debts
-€80.0m
Investment (derived)
-€25.7m
Investment in fixed assets (net)
-€25.7m
Financing
-€26.0m
Short-term financial debts
-€26.0m
Cash 2025
€125,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €650,474,108 | €655,080,878 | +€4.6m | +0.7% |
| Fixed assets | 21/28 | €500,677,030 | €526,407,503 | +€25.7m | +5.1% |
| Financial fixed assets | 28 | €500,677,030 | €526,407,503 | +€25.7m | +5.1% |
| Affiliated companies | 280/1 | €487,062,494 | €512,293,767 | +€25.2m | +5.2% |
| Participating interests | 280 | €284,663,451 | €247,085,022 | -€37.6m | -13.2% |
| Amounts receivable | 281 | €202,399,043 | €265,208,745 | +€62.8m | +31.0% |
| Other financial fixed assets | 284/8 | €13,614,536 | €14,113,736 | +€499,200 | +3.7% |
| Shares | 284 | €13,611,996 | €14,111,196 | +€499,200 | +3.7% |
| Amounts receivable and cash guarantees | 285/8 | €2,540 | €2,540 | = | 0.0% |
| Current assets | 29/58 | €149,797,078 | €128,673,375 | -€21.1m | -14.1% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €149,737,042 | €128,546,974 | -€21.2m | -14.2% |
| Trade receivables | 40 | €5,882,110 | €7,585,810 | +€1.7m | +29.0% |
| Other amounts receivable | 41 | €143,854,932 | €120,961,164 | -€22.9m | -15.9% |
| Cash at bank and in hand | 54/58 | €59,002 | €125,346 | +€66,343 | +112% |
| Deferred charges and accrued income | 490/1 | €1,033 | €1,055 | +€22 | +2.1% |
| Total equity and liabilities | 10/49 | €650,474,108 | €655,080,878 | +€4.6m | +0.7% |
| Equity | 10/15 | €395,384,201 | €482,253,461 | +€86.9m | +22.0% |
| Contributions | 10/11 | €61,694,144 | €61,694,144 | = | 0.0% |
| Capital | 10 | €61,694,144 | €61,694,144 | = | 0.0% |
| Issued capital | 100 | €61,694,144 | €61,694,144 | = | 0.0% |
| Reserves | 13 | €6,169,414 | €6,169,414 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,169,414 | €6,169,414 | = | 0.0% |
| Legal reserve | 130 | €6,169,414 | €6,169,414 | = | 0.0% |
| Other | 1319 | €0 | €0 | = | 0.0% |
| Profit (loss) carried forward | 14 | €327,520,642 | €414,389,903 | +€86.9m | +26.5% |
| Provisions and deferred taxes | 16 | €6,761,490 | €6,266,712 | -€494,778 | -7.3% |
| Provisions for liabilities and charges | 160/5 | €6,761,490 | €6,266,712 | -€494,778 | -7.3% |
| Pensions and similar obligations | 160 | - | €1,774,109 | +€1.8m | |
| Taxes | 161 | €273,928 | €273,928 | = | 0.0% |
| Other liabilities and charges | 164/5 | €6,487,562 | €4,218,676 | -€2.3m | -35.0% |
| Amounts payable | 17/49 | €248,328,417 | €166,560,704 | -€81.8m | -32.9% |
| Amounts payable within one year | 42/48 | €248,328,417 | €166,560,704 | -€81.8m | -32.9% |
| Financial debts | 43 | €120,546,566 | €94,593,824 | -€26.0m | -21.5% |
| Other loans | 439 | €120,546,566 | €94,593,824 | -€26.0m | -21.5% |
| Trade debts | 44 | €25,824,257 | €51,913,801 | +€26.1m | +101% |
| Suppliers | 440/4 | €25,824,257 | €51,913,801 | +€26.1m | +101% |
| Taxes, remuneration and social security | 45 | €21,957,439 | €20,052,925 | -€1.9m | -8.7% |
| Taxes | 450/3 | €19,293,571 | €17,560,256 | -€1.7m | -9.0% |
| Remuneration and social security | 454/9 | €2,663,868 | €2,492,669 | -€171,199 | -6.4% |
| Other amounts payable | 47/48 | €80,000,155 | €155 | -€80.0m | -100.0% |
| Operating income | 70/76A | €22,143,287 | €40,410,641 | +€18.3m | +82.5% |
| Turnover | 70 | €19,733,024 | €37,882,937 | +€18.1m | +92.0% |
| Other operating income | 74 | €6,335 | €60,125 | +€53,790 | +849% |
| Non-recurring operating income | 76A | €2,403,929 | €2,467,579 | +€63,650 | +2.6% |
| Operating charges | 60/66A | €25,628,934 | €34,343,084 | +€8.7m | +34.0% |
| Services and other goods | 61 | €17,212,233 | €28,450,352 | +€11.2m | +65.3% |
| Remuneration, social security and pensions | 62 | €6,232,242 | €6,366,297 | +€134,054 | +2.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,165,394 | -€494,778 | -€2.7m | |
| Other operating charges | 640/8 | €19,065 | €21,213 | +€2,148 | +11.3% |
| Operating profit (loss) | 9901 | -€3,485,647 | €6,067,557 | +€9.6m | |
| Financial income | 75/76B | €294,058,530 | €121,800,103 | -€172.3m | -58.6% |
| Recurring financial income | 75 | €294,058,530 | €121,800,103 | -€172.3m | -58.6% |
| Income from financial fixed assets | 750 | €279,979,391 | €109,504,715 | -€170.5m | -60.9% |
| Income from current assets | 751 | €14,052,997 | €12,240,226 | -€1.8m | -12.9% |
| Other financial income | 752/9 | €26,142 | €55,162 | +€29,020 | +111% |
| Financial charges | 65/66B | €24,237,787 | €37,734,162 | +€13.5m | +55.7% |
| Recurring financial charges | 65 | €7,737,787 | €3,564,442 | -€4.2m | -53.9% |
| Debt charges | 650 | €7,709,840 | €3,426,205 | -€4.3m | -55.6% |
| Other financial charges | 652/9 | €27,947 | €138,237 | +€110,290 | +395% |
| Non-recurring financial charges | 66B | €16,500,000 | €34,169,720 | +€17.7m | +107% |
| Profit (loss) for the period before taxes | 9903 | €266,335,096 | €90,133,498 | -€176.2m | -66.2% |
| Income taxes | 67/77 | €2,126,228 | €3,264,237 | +€1.1m | +53.5% |
| Taxes | 670/3 | €2,126,228 | €3,264,237 | +€1.1m | +53.5% |
| Profit (loss) for the period | 9904 | €264,208,869 | €86,869,261 | -€177.3m | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €264,208,869 | €86,869,261 | -€177.3m | -67.1% |
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 19 October 2026 via checked.be.