Dranken David: 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.
Dranken David
Largest movements
- Tangible fixed assets +€20,725
up €20,725 (+7.2%), from €286,015 to €306,740
of which Land and buildings: +€27,783
- Cash +€16,467
up €16,467 (+12.4%), from €132,448 to €148,915
mainly Net result for the year (+€77,793) and Depreciation (+€66,696)
- Reserves +€74,825
up €74,825 (+40.3%), from €185,647 to €260,472
- Trade debts +€59,451
up €59,451 (+26.1%), from €227,896 to €287,347
- Debts after one year -€47,138
down €47,138 (-9.5%), from €496,672 to €449,534
- Gross operating margin +€121,135
up €121,135 (+56.5%), from €214,415 to €335,550
- Staff costs +€31,458
up €31,458 (+28.4%), from €110,846 to €142,304
- Taxes +€14,747
up €14,747 (+335.7%), from €4,392 to €19,139
- Other operating charges +€11,114
up €11,114 (+332.5%), from €3,342 to €14,456
- Depreciation +€6,615
up €6,615 (+11.0%), from €60,081 to €66,696
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,224,132 | €1,288,562 | +€64,430 | +5.3% |
| Fixed assets | 21/28 | €292,001 | €315,639 | +€23,639 | +8.1% |
| Intangible fixed assets | 21 | €3,475 | €6,389 | +€2,914 | +83.9% |
| Tangible fixed assets | 22/27 | €286,015 | €306,740 | +€20,725 | +7.2% |
| Land and buildings | 22 | €43,130 | €70,913 | +€27,783 | +64.4% |
| Plant, machinery and equipment | 23 | €119,414 | €123,172 | +€3,758 | +3.1% |
| Furniture and vehicles | 24 | €71,627 | €59,721 | -€11,906 | -16.6% |
| Other tangible fixed assets | 26 | €51,844 | €52,934 | +€1,090 | +2.1% |
| Financial fixed assets | 28 | €2,510 | €2,510 | = | 0.0% |
| Current assets | 29/58 | €932,131 | €972,923 | +€40,791 | +4.4% |
| Stocks and contracts in progress | 3 | €381,069 | €393,383 | +€12,315 | +3.2% |
| Stocks | 30/36 | €381,069 | €393,383 | +€12,315 | +3.2% |
| Amounts receivable within one year | 40/41 | €399,334 | €411,554 | +€12,220 | +3.1% |
| Trade receivables | 40 | €355,157 | €370,645 | +€15,488 | +4.4% |
| Other amounts receivable | 41 | €44,178 | €40,910 | -€3,268 | -7.4% |
| Cash at bank and in hand | 54/58 | €132,448 | €148,915 | +€16,467 | +12.4% |
| Deferred charges and accrued income | 490/1 | €19,280 | €19,070 | -€210 | -1.1% |
| Total equity and liabilities | 10/49 | €1,224,132 | €1,288,562 | +€64,430 | +5.3% |
| Equity | 10/15 | €190,447 | €265,272 | +€74,825 | +39.3% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €185,647 | €260,472 | +€74,825 | +40.3% |
| Distributable reserves | 133 | €185,647 | €260,472 | +€74,825 | +40.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,033,685 | €1,023,290 | -€10,394 | -1.0% |
| Amounts payable after more than one year | 17 | €496,672 | €449,534 | -€47,138 | -9.5% |
| Financial debts | 170/4 | €496,672 | €449,534 | -€47,138 | -9.5% |
| Amounts payable within one year | 42/48 | €537,013 | €573,756 | +€36,743 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €34,911 | €22,665 | -€12,246 | -35.1% |
| Financial debts | 43 | €200,000 | €200,000 | = | 0.0% |
| Credit institutions | 430/8 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €227,896 | €287,347 | +€59,451 | +26.1% |
| Suppliers | 440/4 | €227,896 | €287,347 | +€59,451 | +26.1% |
| Taxes, remuneration and social security | 45 | €63,228 | €56,996 | -€6,232 | -9.9% |
| Taxes | 450/3 | €2,843 | €2,636 | -€208 | -7.3% |
| Remuneration and social security | 454/9 | €60,385 | €54,360 | -€6,024 | -10.0% |
| Other amounts payable | 47/48 | €10,978 | €6,748 | -€4,230 | -38.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €110,846 | €142,304 | +€31,458 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,081 | €66,696 | +€6,615 | +11.0% |
| Other operating charges | 640/8 | €3,342 | €14,456 | +€11,114 | +332.5% |
| Non-recurring operating charges | 66A | - | €993 | +€993 | |
| Gross operating margin | 9900 | €214,415 | €335,550 | +€121,135 | +56.5% |
| Operating profit (loss) | 9901 | €40,146 | €111,101 | +€70,955 | +176.7% |
| Financial income | 75/76B | €3,540 | €906 | -€2,634 | -74.4% |
| Recurring financial income | 75 | €3,540 | €906 | -€2,634 | -74.4% |
| Financial charges | 65/66B | €20,390 | €15,074 | -€5,315 | -26.1% |
| Recurring financial charges | 65 | €20,390 | €15,074 | -€5,315 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €23,296 | €96,933 | +€73,637 | +316.1% |
| Income taxes | 67/77 | €4,392 | €19,139 | +€14,747 | +335.7% |
| Profit (loss) for the period | 9904 | €18,904 | €77,793 | +€58,890 | +311.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,904 | €77,793 | +€58,890 | +311.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.