DRANACO: 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.
What changed
DRANACO
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€479,803
2024 · €356,465+€123,337
Equity
€2.9m
2024 · €2.6m+€279,803
Cash
€125,206
2024 · €571,720-€446,514
Balance sheet total
€6.4m
2024 · €5.7m+€773,326
Largest movements
Assets
- Receivables after one year +€675,000
up €675,000 (+135.0%), from €500,000 to €1.2m
- Cash -€446,514
down €446,514 (-78.1%), from €571,720 to €125,206
mainly Receivables after one year (-€675,000) and Current investments (-€305,197)
- Current investments +€305,197
new in 2025: €305,197
- Receivables within one year +€230,031
up €230,031 (+9.4%), from €2.5m to €2.7m
of which Trade receivables: +€202,382
- Stocks and contracts +€66,011
up €66,011 (+14.3%), from €461,185 to €527,196
Equity and liabilities
- Short-term financial debts +€291,537
up €291,537 (+33.1%), from €881,448 to €1.2m
of which Credit institutions: +€333,527
- Reserves +€289,727
up €289,727 (+13.2%), from €2.2m to €2.5m
of which Distributable reserves: +€289,727
- Trade debts +€214,591
up €214,591 (+13.7%), from €1.6m to €1.8m
Income statement
- Turnover +€240,750
up €240,750 (+2.0%), from €11.8m to €12.1m
- Goods and materials +€140,874
up €140,874 (+1.5%), from €9.7m to €9.8m
of which Purchases: +€189,105
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
€356,465
Turnover
+€240,750
Other operating income
+€4,536
Goods and materials
-€140,874
Services and other goods
+€25,180
Staff costs
+€23,078
Depreciation
+€5,554
Other operating charges
+€42,270
Financial income
-€32,421
Financial charges
-€6,454
Taxes
-€38,281
Result 2025
€479,803
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.
From operations
-€121,832
Investment
-€355,361
Financing
+€30,679
Cash 2024
€571,720
From operations (derived)
-€121,832
Net result for the year
+€479,803
Depreciation
+€94,485
Receivables after one year
-€675,000
Stocks and contracts
-€66,011
Receivables within one year
-€230,031
Deferred charges and accrued income
+€12,079
Trade debts
+€214,591
Tax, wage and social debts
+€48,429
Other debts
-€175
Investment (derived)
-€355,361
Investment in fixed assets (net)
-€50,164
Current investments
-€305,197
Financing
+€30,679
Debts after one year
-€61,562
Current portion of long-term debt
+€704
Short-term financial debts
+€291,537
Contributions, distributions and other
-€200,000
Cash 2025
€125,206
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,654,168 | €6,427,494 | +€773,326 | +13.7% |
| Fixed assets | 21/28 | €1,645,322 | €1,601,001 | -€44,321 | -2.7% |
| Intangible fixed assets | 21 | €96,682 | €76,682 | -€20,000 | -20.7% |
| Tangible fixed assets | 22/27 | €1,107,905 | €1,084,250 | -€23,654 | -2.1% |
| Land and buildings | 22 | €756,229 | €756,229 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,465 | €2,152 | -€8,313 | -79.4% |
| Furniture and vehicles | 24 | €103,239 | €70,961 | -€32,278 | -31.3% |
| Other tangible fixed assets | 26 | €237,972 | €254,909 | +€16,937 | +7.1% |
| Financial fixed assets | 28 | €440,735 | €440,069 | -€667 | -0.2% |
| Companies linked by participating interests | 282/3 | €438,119 | €437,452 | -€667 | -0.2% |
| Participating interests | 282 | €438,119 | €437,452 | -€667 | -0.2% |
| Other financial fixed assets | 284/8 | €2,617 | €2,617 | = | 0.0% |
| Shares | 284 | €174 | €174 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,443 | €2,443 | = | 0.0% |
| Current assets | 29/58 | €4,008,846 | €4,826,493 | +€817,647 | +20.4% |
| Amounts receivable after more than one year | 29 | €500,000 | €1,175,000 | +€675,000 | +135.0% |
| Other amounts receivable | 291 | €500,000 | €1,175,000 | +€675,000 | +135.0% |
| Stocks and contracts in progress | 3 | €461,185 | €527,196 | +€66,011 | +14.3% |
| Stocks | 30/36 | €461,185 | €527,196 | +€66,011 | +14.3% |
| Goods purchased for resale | 34 | €461,185 | €527,196 | +€66,011 | +14.3% |
| Amounts receivable within one year | 40/41 | €2,455,765 | €2,685,796 | +€230,031 | +9.4% |
| Trade receivables | 40 | €2,237,572 | €2,439,954 | +€202,382 | +9.0% |
| Other amounts receivable | 41 | €218,193 | €245,842 | +€27,649 | +12.7% |
| Current investments | 50/53 | - | €305,197 | +€305,197 | |
| Other investments | 51/53 | - | €305,197 | +€305,197 | |
| Cash at bank and in hand | 54/58 | €571,720 | €125,206 | -€446,514 | -78.1% |
| Deferred charges and accrued income | 490/1 | €20,176 | €8,098 | -€12,079 | -59.9% |
| Total equity and liabilities | 10/49 | €5,654,168 | €6,427,494 | +€773,326 | +13.7% |
| Equity | 10/15 | €2,586,594 | €2,866,397 | +€279,803 | +10.8% |
| Contributions | 10/11 | €347,051 | €347,051 | = | 0.0% |
| Capital | 10 | €347,051 | €347,051 | = | 0.0% |
| Issued capital | 100 | €347,051 | €347,051 | = | 0.0% |
| Reserves | 13 | €2,188,547 | €2,478,275 | +€289,727 | +13.2% |
| Non-distributable reserves | 130/1 | €122,401 | €122,401 | = | 0.0% |
| Legal reserve | 130 | €34,705 | €34,705 | = | 0.0% |
| Reserves not available under the articles | 1311 | €87,696 | €87,696 | = | 0.0% |
| Distributable reserves | 133 | €2,066,146 | €2,355,874 | +€289,727 | +14.0% |
| Profit (loss) carried forward | 14 | €50,996 | €41,071 | -€9,925 | -19.5% |
| Amounts payable | 17/49 | €3,067,573 | €3,561,097 | +€493,523 | +16.1% |
| Amounts payable after more than one year | 17 | €195,227 | €133,666 | -€61,562 | -31.5% |
| Financial debts | 170/4 | €195,227 | €133,666 | -€61,562 | -31.5% |
| Credit institutions | 173 | €195,227 | €133,666 | -€61,562 | -31.5% |
| Amounts payable within one year | 42/48 | €2,872,346 | €3,427,431 | +€555,085 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €60,858 | €61,562 | +€704 | +1.2% |
| Financial debts | 43 | €881,448 | €1,172,985 | +€291,537 | +33.1% |
| Credit institutions | 430/8 | - | €333,527 | +€333,527 | |
| Other loans | 439 | €881,448 | €839,458 | -€41,991 | -4.8% |
| Trade debts | 44 | €1,562,904 | €1,777,495 | +€214,591 | +13.7% |
| Suppliers | 440/4 | €1,562,904 | €1,777,495 | +€214,591 | +13.7% |
| Taxes, remuneration and social security | 45 | €167,137 | €215,565 | +€48,429 | +29.0% |
| Taxes | 450/3 | €143,196 | €188,357 | +€45,162 | +31.5% |
| Remuneration and social security | 454/9 | €23,941 | €27,208 | +€3,267 | +13.6% |
| Other amounts payable | 47/48 | €200,000 | €199,825 | -€175 | -0.1% |
| Operating income | 70/76A | €11,836,418 | €12,081,703 | +€245,286 | +2.1% |
| Turnover | 70 | €11,825,338 | €12,066,088 | +€240,750 | +2.0% |
| Other operating income | 74 | €11,080 | €15,616 | +€4,536 | +40.9% |
| Operating charges | 60/66A | €11,463,200 | €11,507,992 | +€44,793 | +0.4% |
| Goods for resale, raw materials and consumables | 60 | €9,665,592 | €9,806,466 | +€140,874 | +1.5% |
| Purchases | 600/8 | €9,683,372 | €9,872,476 | +€189,105 | +2.0% |
| Change in stocks: decrease (increase) | 609 | -€17,780 | -€66,011 | -€48,231 | -271.3% |
| Services and other goods | 61 | €1,424,932 | €1,399,752 | -€25,180 | -1.8% |
| Remuneration, social security and pensions | 62 | €215,973 | €192,895 | -€23,078 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,039 | €94,485 | -€5,554 | -5.6% |
| Other operating charges | 640/8 | €56,665 | €14,395 | -€42,270 | -74.6% |
| Operating profit (loss) | 9901 | €373,218 | €573,711 | +€200,493 | +53.7% |
| Financial income | 75/76B | €100,768 | €68,347 | -€32,421 | -32.2% |
| Recurring financial income | 75 | €100,768 | €68,347 | -€32,421 | -32.2% |
| Income from financial fixed assets | 750 | €26,000 | - | -€26,000 | |
| Income from current assets | 751 | €22,827 | €20,946 | -€1,881 | -8.2% |
| Other financial income | 752/9 | €51,942 | €47,401 | -€4,541 | -8.7% |
| Financial charges | 65/66B | €57,535 | €63,988 | +€6,454 | +11.2% |
| Recurring financial charges | 65 | €57,535 | €63,988 | +€6,454 | +11.2% |
| Debt charges | 650 | €50,447 | €48,679 | -€1,768 | -3.5% |
| Other financial charges | 652/9 | €7,088 | €15,309 | +€8,222 | +116.0% |
| Profit (loss) for the period before taxes | 9903 | €416,451 | €578,070 | +€161,619 | +38.8% |
| Income taxes | 67/77 | €59,986 | €98,267 | +€38,281 | +63.8% |
| Taxes | 670/3 | €63,063 | €98,267 | +€35,204 | +55.8% |
| Tax adjustments and reversals of tax provisions | 77 | €3,077 | - | -€3,077 | |
| Profit (loss) for the period | 9904 | €356,465 | €479,803 | +€123,337 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €356,465 | €479,803 | +€123,337 | +34.6% |
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.