DRAKON: 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.
DRAKON
Largest movements
- Receivables within one year +€32,933
up €32,933 (+25.0%), from €131,545 to €164,478
of which Other amounts receivable: +€32,830
- Tangible fixed assets -€14,284
down €14,284 (-9.1%), from €156,904 to €142,620
of which Leasing and similar rights: -€24,583
- Cash -€3,463
down €3,463 (-100.0%), from €3,463 to €0
mainly Receivables within one year (-€32,933) and Debts after one year (-€19,335)
- Debts after one year -€19,335
down €19,335 (-18.2%), from €105,953 to €86,618
- Provisions +€18,626
new in 2025: €18,626
- Reserves +€9,399
up €9,399 (+6.1%), from €153,722 to €163,121
- Trade debts +€3,362
up €3,362 (+123.9%), from €2,712 to €6,074
- Provisions +€18,626
new in 2025: €18,626
- Depreciation +€4,295
up €4,295 (+16.7%), from €25,651 to €29,946
- Taxes +€3,706
up €3,706 (+74.6%), from €4,969 to €8,675
- Gross operating margin +€3,195
up €3,195 (+4.8%), from €67,153 to €70,348
- Financial charges -€974
down €974 (-9.0%), from €10,877 to €9,903
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 | €298,879 | €315,103 | +€16,224 | +5.4% |
| Fixed assets | 21/28 | €156,904 | €142,620 | -€14,284 | -9.1% |
| Tangible fixed assets | 22/27 | €156,904 | €142,620 | -€14,284 | -9.1% |
| Plant, machinery and equipment | 23 | €6,829 | €11,086 | +€4,256 | +62.3% |
| Furniture and vehicles | 24 | €0 | €6,042 | +€6,042 | |
| Leasing and similar rights | 25 | €148,575 | €123,992 | -€24,583 | -16.5% |
| Assets under construction and advance payments | 27 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €141,975 | €172,483 | +€30,508 | +21.5% |
| Amounts receivable within one year | 40/41 | €131,545 | €164,478 | +€32,933 | +25.0% |
| Trade receivables | 40 | €10,196 | €10,299 | +€103 | +1.0% |
| Other amounts receivable | 41 | €121,349 | €154,179 | +€32,830 | +27.1% |
| Cash at bank and in hand | 54/58 | €3,463 | €0 | -€3,463 | -100.0% |
| Deferred charges and accrued income | 490/1 | €6,966 | €8,005 | +€1,039 | +14.9% |
| Total equity and liabilities | 10/49 | €298,879 | €315,103 | +€16,224 | +5.4% |
| Equity | 10/15 | €155,722 | €165,121 | +€9,399 | +6.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €153,722 | €163,121 | +€9,399 | +6.1% |
| Distributable reserves | 133 | €153,722 | €163,121 | +€9,399 | +6.1% |
| Provisions and deferred taxes | 16 | - | €18,626 | +€18,626 | |
| Provisions for liabilities and charges | 160/5 | - | €18,626 | +€18,626 | |
| Other liabilities and charges | 164/5 | - | €18,626 | +€18,626 | |
| Amounts payable | 17/49 | €143,157 | €131,356 | -€11,801 | -8.2% |
| Amounts payable after more than one year | 17 | €105,953 | €86,618 | -€19,335 | -18.2% |
| Financial debts | 170/4 | €105,953 | €86,618 | -€19,335 | -18.2% |
| Amounts payable within one year | 42/48 | €37,181 | €44,737 | +€7,557 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €18,488 | €19,335 | +€847 | +4.6% |
| Financial debts | 43 | €0 | €2,703 | +€2,703 | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | - | €2,703 | +€2,703 | |
| Trade debts | 44 | €2,712 | €6,074 | +€3,362 | +123.9% |
| Suppliers | 440/4 | €2,712 | €6,074 | +€3,362 | +123.9% |
| Taxes, remuneration and social security | 45 | €15,981 | €16,625 | +€644 | +4.0% |
| Taxes | 450/3 | €15,981 | €13,625 | -€2,356 | -14.7% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Accrued charges and deferred income | 492/3 | €23 | €0 | -€23 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,651 | €29,946 | +€4,295 | +16.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €18,626 | +€18,626 | |
| Other operating charges | 640/8 | €1,033 | €1,217 | +€185 | +17.9% |
| Gross operating margin | 9900 | €67,153 | €70,348 | +€3,195 | +4.8% |
| Operating profit (loss) | 9901 | €40,469 | €20,558 | -€19,911 | -49.2% |
| Financial income | 75/76B | €6,772 | €7,419 | +€646 | +9.5% |
| Recurring financial income | 75 | €6,772 | €7,419 | +€646 | +9.5% |
| Financial charges | 65/66B | €10,877 | €9,903 | -€974 | -9.0% |
| Recurring financial charges | 65 | €10,877 | €9,903 | -€974 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €36,364 | €18,074 | -€18,291 | -50.3% |
| Income taxes | 67/77 | €4,969 | €8,675 | +€3,706 | +74.6% |
| Profit (loss) for the period | 9904 | €31,395 | €9,399 | -€21,996 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,395 | €9,399 | -€21,996 | -70.1% |
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 9 October 2026 via checked.be.