DRAMIC ASSOCIATES: 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.
DRAMIC ASSOCIATES
Largest movements
- Cash +€42,934
up €42,934 (+7.8%), from €548,266 to €591,200
mainly Net result for the year (+€60,309) and Other debts (+€1,455)
- Receivables within one year +€12,316
up €12,316 (+238.4%), from €5,165 to €17,480
of which Trade receivables: +€13,199
- Reserves +€60,000
up €60,000 (+16.8%), from €357,395 to €417,395
- Gross operating margin -€30,326
down €30,326 (-27.0%), from €112,492 to €82,166
- Taxes -€9,381
down €9,381 (-29.2%), from €32,124 to €22,742
- Financial income -€3,005
down €3,005 (-46.8%), from €6,417 to €3,412
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 | €870,560 | €924,977 | +€54,418 | +6.3% |
| Fixed assets | 21/28 | €2,453 | €1,621 | -€831 | -33.9% |
| Tangible fixed assets | 22/27 | €2,453 | €1,621 | -€831 | -33.9% |
| Plant, machinery and equipment | 23 | €921 | €759 | -€163 | -17.6% |
| Other tangible fixed assets | 26 | €1,531 | €863 | -€669 | -43.7% |
| Current assets | 29/58 | €868,107 | €923,356 | +€55,249 | +6.4% |
| Amounts receivable within one year | 40/41 | €5,165 | €17,480 | +€12,316 | +238.4% |
| Trade receivables | 40 | €0 | €13,199 | +€13,199 | |
| Other amounts receivable | 41 | €5,165 | €4,282 | -€883 | -17.1% |
| Current investments | 50/53 | €314,676 | €314,676 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €548,266 | €591,200 | +€42,934 | +7.8% |
| Total equity and liabilities | 10/49 | €870,560 | €924,977 | +€54,418 | +6.3% |
| Equity | 10/15 | €788,435 | €848,744 | +€60,309 | +7.6% |
| Contributions | 10/11 | €19,460 | €19,460 | = | 0.0% |
| Reserves | 13 | €357,395 | €417,395 | +€60,000 | +16.8% |
| Distributable reserves | 133 | €357,395 | €417,395 | +€60,000 | +16.8% |
| Profit (loss) carried forward | 14 | €411,580 | €411,889 | +€309 | +0.1% |
| Amounts payable | 17/49 | €82,125 | €76,234 | -€5,891 | -7.2% |
| Amounts payable within one year | 42/48 | €82,125 | €76,234 | -€5,891 | -7.2% |
| Trade debts | 44 | €1,005 | €244 | -€761 | -75.7% |
| Suppliers | 440/4 | €1,005 | €244 | -€761 | -75.7% |
| Taxes, remuneration and social security | 45 | €26,916 | €20,331 | -€6,585 | -24.5% |
| Taxes | 450/3 | €23,916 | €20,331 | -€3,585 | -15.0% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100.0% |
| Other amounts payable | 47/48 | €54,204 | €55,659 | +€1,455 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €862 | €831 | -€31 | -3.6% |
| Other operating charges | 640/8 | €727 | €751 | +€24 | +3.3% |
| Gross operating margin | 9900 | €112,492 | €82,166 | -€30,326 | -27.0% |
| Operating profit (loss) | 9901 | €110,902 | €80,583 | -€30,319 | -27.3% |
| Financial income | 75/76B | €6,417 | €3,412 | -€3,005 | -46.8% |
| Recurring financial income | 75 | €6,417 | €3,412 | -€3,005 | -46.8% |
| Financial charges | 65/66B | €529 | €945 | +€416 | +78.6% |
| Recurring financial charges | 65 | €529 | €945 | +€416 | +78.6% |
| Profit (loss) for the period before taxes | 9903 | €116,790 | €83,051 | -€33,739 | -28.9% |
| Income taxes | 67/77 | €32,124 | €22,742 | -€9,381 | -29.2% |
| Profit (loss) for the period | 9904 | €84,667 | €60,309 | -€24,358 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,667 | €60,309 | -€24,358 | -28.8% |
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 3 October 2026 via checked.be.