DRALIMMOG: 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.
DRALIMMOG
Largest movements
- Tangible fixed assets -€149,506
down €149,506 (-7.5%), from €2.0m to €1.8m
- Cash +€81,960
up €81,960 (+844%), from €9,712 to €91,672
mainly Investment in fixed assets (net) (+€91,085) and Net result for the year (+€84,735)
- Deferred charges and accrued income +€33,856
up €33,856 (+107%), from €31,696 to €65,553
- Profit (loss) carried forward +€125,462
up €125,462 (+28.1%), from €447,016 to €572,478
- Debts after one year -€59,549
down €59,549 (-16.0%), from €371,097 to €311,548
- Reserves -€40,727
down €40,727 (-12.7%), from €321,436 to €280,709
of which Tax-exempt reserves: -€47,330
- Provisions -€30,894
down €30,894 (-21.8%), from €141,453 to €110,559
- Gross operating margin +€97,404
up €97,404 (+109%), from €89,607 to €187,011
- Taxes +€31,109
new in 2025: €31,109
- Depreciation -€9,398
down €9,398 (-13.9%), from €67,819 to €58,421
- Financial charges -€2,431
down €2,431 (-15.4%), from €15,786 to €13,355
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,026,520 | €2,001,721 | -€24,799 | -1.2% |
| Fixed assets | 21/28 | €1,985,111 | €1,835,605 | -€149,506 | -7.5% |
| Tangible fixed assets | 22/27 | €1,985,111 | €1,835,605 | -€149,506 | -7.5% |
| Land and buildings | 22 | €1,985,111 | €1,835,605 | -€149,506 | -7.5% |
| Current assets | 29/58 | €41,408 | €166,115 | +€124,707 | +301% |
| Amounts receivable within one year | 40/41 | - | €8,891 | +€8,891 | |
| Other amounts receivable | 41 | - | €8,891 | +€8,891 | |
| Cash at bank and in hand | 54/58 | €9,712 | €91,672 | +€81,960 | +844% |
| Deferred charges and accrued income | 490/1 | €31,696 | €65,553 | +€33,856 | +107% |
| Total equity and liabilities | 10/49 | €2,026,520 | €2,001,721 | -€24,799 | -1.2% |
| Equity | 10/15 | €1,387,132 | €1,471,868 | +€84,735 | +6.1% |
| Contributions | 10/11 | €618,681 | €618,681 | = | 0.0% |
| Capital | 10 | €618,681 | €618,681 | = | 0.0% |
| Issued capital | 100 | €618,681 | €618,681 | = | 0.0% |
| Reserves | 13 | €321,436 | €280,709 | -€40,727 | -12.7% |
| Non-distributable reserves | 130/1 | €47,702 | €54,305 | +€6,603 | +13.8% |
| Legal reserve | 130 | €41,267 | €47,870 | +€6,603 | +16.0% |
| Other | 1319 | €6,435 | €6,435 | = | 0.0% |
| Tax-exempt reserves | 132 | €273,734 | €226,404 | -€47,330 | -17.3% |
| Profit (loss) carried forward | 14 | €447,016 | €572,478 | +€125,462 | +28.1% |
| Provisions and deferred taxes | 16 | €141,453 | €110,559 | -€30,894 | -21.8% |
| Deferred taxes | 168 | €141,453 | €110,559 | -€30,894 | -21.8% |
| Amounts payable | 17/49 | €497,934 | €419,294 | -€78,641 | -15.8% |
| Amounts payable after more than one year | 17 | €371,097 | €311,548 | -€59,549 | -16.0% |
| Financial debts | 170/4 | €371,097 | €311,548 | -€59,549 | -16.0% |
| Amounts payable within one year | 42/48 | €126,564 | €107,746 | -€18,818 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €58,092 | €51,040 | -€7,052 | -12.1% |
| Trade debts | 44 | €13,050 | €934 | -€12,116 | -92.8% |
| Suppliers | 440/4 | €13,050 | €934 | -€12,116 | -92.8% |
| Taxes, remuneration and social security | 45 | €2,003 | €3,027 | +€1,025 | +51.2% |
| Taxes | 450/3 | €2,003 | €3,027 | +€1,025 | +51.2% |
| Other amounts payable | 47/48 | €53,419 | €52,745 | -€674 | -1.3% |
| Accrued charges and deferred income | 492/3 | €274 | - | -€274 | |
| Non-recurring operating income | 76A | - | €100,927 | +€100,927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,819 | €58,421 | -€9,398 | -13.9% |
| Other operating charges | 640/8 | €30,534 | €30,290 | -€244 | -0.8% |
| Gross operating margin | 9900 | €89,607 | €187,011 | +€97,404 | +109% |
| Operating profit (loss) | 9901 | -€8,746 | €98,300 | +€107,046 | |
| Financial income | 75/76B | €3 | €6 | +€3 | +74.6% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +74.6% |
| Financial charges | 65/66B | €15,786 | €13,355 | -€2,431 | -15.4% |
| Recurring financial charges | 65 | €15,786 | €13,355 | -€2,431 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,529 | €84,951 | +€109,480 | |
| Transfer from deferred taxes | 780 | €7,473 | €30,894 | +€23,421 | +313% |
| Income taxes | 67/77 | - | €31,109 | +€31,109 | |
| Profit (loss) for the period | 9904 | -€17,056 | €84,735 | +€101,791 | |
| Transfer from tax-exempt reserves | 789 | €14,506 | €47,330 | +€32,824 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,550 | €132,065 | +€134,615 |
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 17 October 2026 via checked.be.