DRANICON: 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.
DRANICON
Largest movements
- Tangible fixed assets +€95,081
up €95,081 (+33.8%), from €281,595 to €376,676
of which Furniture and vehicles: +€80,600
- Stocks and contracts -€36,160
down €36,160 (-23.7%), from €152,652 to €116,492
of which Stocks: -€34,660
- Deferred charges and accrued income -€27,201
down €27,201 (-57.0%), from €47,733 to €20,532
- Cash +€17,215
up €17,215 (+148.9%), from €11,562 to €28,777
mainly Debts after one year (+€276,394) and Depreciation (+€56,498)
- Debts after one year +€276,394
up €276,394 (+303.1%), from €91,192 to €367,586
- Other debts -€163,356
down €163,356 (-59.8%), from €273,316 to €109,960
- Trade debts -€103,476
down €103,476 (-81.4%), from €127,143 to €23,667
- Accrued charges and deferred income +€54,182
up €54,182 (+6991.3%), from €775 to €54,957
- Current portion of long-term debt -€33,478
down €33,478 (-44.2%), from €75,670 to €42,192
- Gross operating margin +€26,101
up €26,101 (+40.0%), from €65,215 to €91,316
- Staff costs +€22,558
new in 2025: €22,558
- Depreciation +€18,020
up €18,020 (+46.8%), from €38,478 to €56,498
- Other operating charges +€1,428
up €1,428 (+38.1%), from €3,749 to €5,177
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 | €604,596 | €653,201 | +€48,605 | +8.0% |
| Fixed assets | 21/28 | €281,595 | €376,676 | +€95,081 | +33.8% |
| Tangible fixed assets | 22/27 | €281,595 | €376,676 | +€95,081 | +33.8% |
| Land and buildings | 22 | €158,586 | €190,060 | +€31,473 | +19.8% |
| Plant, machinery and equipment | 23 | €49,247 | €46,207 | -€3,040 | -6.2% |
| Furniture and vehicles | 24 | €59,810 | €140,410 | +€80,600 | +134.8% |
| Leasing and similar rights | 25 | €13,952 | €0 | -€13,952 | -100.0% |
| Current assets | 29/58 | €323,001 | €276,525 | -€46,477 | -14.4% |
| Stocks and contracts in progress | 3 | €152,652 | €116,492 | -€36,160 | -23.7% |
| Stocks | 30/36 | €151,152 | €116,492 | -€34,660 | -22.9% |
| Contracts in progress | 37 | €1,500 | €0 | -€1,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €111,055 | €110,724 | -€331 | -0.3% |
| Trade receivables | 40 | €104,953 | €110,114 | +€5,162 | +4.9% |
| Other amounts receivable | 41 | €6,102 | €609 | -€5,493 | -90.0% |
| Cash at bank and in hand | 54/58 | €11,562 | €28,777 | +€17,215 | +148.9% |
| Deferred charges and accrued income | 490/1 | €47,733 | €20,532 | -€27,201 | -57.0% |
| Total equity and liabilities | 10/49 | €604,596 | €653,201 | +€48,605 | +8.0% |
| Equity | 10/15 | €32,073 | €30,102 | -€1,971 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,311 | €15,311 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €10,311 | €10,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,838 | -€3,809 | -€1,971 | -107.3% |
| Amounts payable | 17/49 | €572,523 | €623,099 | +€50,576 | +8.8% |
| Amounts payable after more than one year | 17 | €91,192 | €367,586 | +€276,394 | +303.1% |
| Financial debts | 170/4 | €91,192 | €367,586 | +€276,394 | +303.1% |
| Amounts payable within one year | 42/48 | €480,556 | €200,557 | -€280,000 | -58.3% |
| Current portion of amounts payable after more than one year | 42 | €75,670 | €42,192 | -€33,478 | -44.2% |
| Trade debts | 44 | €127,143 | €23,667 | -€103,476 | -81.4% |
| Suppliers | 440/4 | €127,143 | €23,667 | -€103,476 | -81.4% |
| Taxes, remuneration and social security | 45 | €4,427 | €24,737 | +€20,310 | +458.8% |
| Taxes | 450/3 | €4,427 | €22,811 | +€18,384 | +415.3% |
| Remuneration and social security | 454/9 | €0 | €1,926 | +€1,926 | |
| Other amounts payable | 47/48 | €273,316 | €109,960 | -€163,356 | -59.8% |
| Accrued charges and deferred income | 492/3 | €775 | €54,957 | +€54,182 | +6991.3% |
| Non-recurring operating income | 76A | €7,286 | €59,254 | +€51,968 | +713.3% |
| Remuneration, social security and pensions | 62 | - | €22,558 | +€22,558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,478 | €56,498 | +€18,020 | +46.8% |
| Other operating charges | 640/8 | €3,749 | €5,177 | +€1,428 | +38.1% |
| Non-recurring operating charges | 66A | €10,182 | €72 | -€10,110 | -99.3% |
| Gross operating margin | 9900 | €65,215 | €91,316 | +€26,101 | +40.0% |
| Operating profit (loss) | 9901 | €12,806 | €7,011 | -€5,795 | -45.3% |
| Financial income | 75/76B | €422 | €0 | -€422 | -99.9% |
| Recurring financial income | 75 | €422 | €0 | -€422 | -99.9% |
| Financial charges | 65/66B | €8,791 | €8,219 | -€572 | -6.5% |
| Recurring financial charges | 65 | €8,791 | €8,219 | -€572 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €4,437 | -€1,207 | -€5,645 | |
| Income taxes | 67/77 | €353 | €764 | +€411 | +116.7% |
| Profit (loss) for the period | 9904 | €4,085 | -€1,971 | -€6,056 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,085 | -€1,971 | -€6,056 |
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 12 October 2026 via checked.be.