Dranoeter: 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.
Dranoeter
Largest movements
- Tangible fixed assets +€942,320
up €942,320 (+92.7%), from €1.0m to €2.0m
of which Land and buildings: +€958,260
- Cash -€245,008
down €245,008 (-77.9%), from €314,409 to €69,401
mainly Investment in fixed assets (net) (-€1.2m) and Net result for the year (-€194,255)
- Deferred charges and accrued income -€32,814
down €32,814 (-52.4%), from €62,594 to €29,780
- Receivables within one year -€25,978
down €25,978 (-5.3%), from €487,220 to €461,242
of which Trade receivables: -€15,724
- Debts after one year +€759,283
up €759,283 (+260.7%), from €291,213 to €1.1m
- Equity -€224,754
down €224,754 (-19.8%), from €1.1m to €912,571
of which Profit (loss) carried forward: -€371,465
- Debts within one year +€126,203
up €126,203 (+27.6%), from €458,012 to €584,214
of which Advances received: +€101,246
- Gross operating margin -€298,029
down €298,029 (-35.7%), from €834,425 to €536,396
- Staff costs +€41,081
up €41,081 (+12.2%), from €336,522 to €377,603
- Depreciation +€16,823
up €16,823 (+7.2%), from €233,377 to €250,200
- Other operating charges +€16,209
up €16,209 (+21.7%), from €74,705 to €90,914
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,886,549 | €2,547,374 | +€660,825 | +35.0% |
| Fixed assets | 21/28 | €1,022,327 | €1,975,943 | +€953,616 | +93.3% |
| Tangible fixed assets | 22/27 | €1,016,317 | €1,958,637 | +€942,320 | +92.7% |
| Land and buildings | 22 | €673,272 | €1,631,532 | +€958,260 | +142.3% |
| Plant, machinery and equipment | 23 | €292,661 | €289,394 | -€3,267 | -1.1% |
| Furniture and vehicles | 24 | €50,385 | €37,712 | -€12,673 | -25.2% |
| Financial fixed assets | 28 | €6,010 | €17,306 | +€11,296 | +188.0% |
| Current assets | 29/58 | €864,223 | €571,431 | -€292,792 | -33.9% |
| Amounts receivable within one year | 40/41 | €487,220 | €461,242 | -€25,978 | -5.3% |
| Trade receivables | 40 | €130,171 | €114,447 | -€15,724 | -12.1% |
| Other amounts receivable | 41 | €357,049 | €346,796 | -€10,253 | -2.9% |
| Current investments | 50/53 | - | €11,007 | +€11,007 | |
| Cash at bank and in hand | 54/58 | €314,409 | €69,401 | -€245,008 | -77.9% |
| Deferred charges and accrued income | 490/1 | €62,594 | €29,780 | -€32,814 | -52.4% |
| Total equity and liabilities | 10/49 | €1,886,549 | €2,547,374 | +€660,825 | +35.0% |
| Equity | 10/15 | €1,137,325 | €912,571 | -€224,754 | -19.8% |
| Contributions | 10/11 | - | €966,101 | +€966,101 | |
| Capital | 10 | - | €966,101 | +€966,101 | |
| Profit (loss) carried forward | 14 | €177,209 | -€194,255 | -€371,465 | |
| Investment grants | 15 | €171,224 | €140,726 | -€30,498 | -17.8% |
| Amounts payable | 17/49 | €749,224 | €1,634,803 | +€885,579 | +118.2% |
| Amounts payable after more than one year | 17 | €291,213 | €1,050,496 | +€759,283 | +260.7% |
| Financial debts | 170/4 | €291,213 | €1,050,496 | +€759,283 | +260.7% |
| Amounts payable within one year | 42/48 | €458,012 | €584,214 | +€126,203 | +27.6% |
| Current portion of amounts payable after more than one year | 42 | €57,765 | €144,834 | +€87,069 | +150.7% |
| Financial debts | 43 | - | €1,078 | +€1,078 | |
| Credit institutions | 430/8 | - | €1,078 | +€1,078 | |
| Trade debts | 44 | €166,451 | €99,520 | -€66,931 | -40.2% |
| Suppliers | 440/4 | €166,451 | €99,520 | -€66,931 | -40.2% |
| Advances received on contracts in progress | 46 | €179,987 | €281,233 | +€101,246 | +56.3% |
| Taxes, remuneration and social security | 45 | €53,810 | €56,676 | +€2,866 | +5.3% |
| Taxes | 450/3 | €7,956 | €12,377 | +€4,421 | +55.6% |
| Remuneration and social security | 454/9 | €45,854 | €44,299 | -€1,555 | -3.4% |
| Accrued charges and deferred income | 492/3 | - | €93 | +€93 | |
| Non-recurring operating income | 76A | €3,500 | - | -€3,500 | |
| Remuneration, social security and pensions | 62 | €336,522 | €377,603 | +€41,081 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233,377 | €250,200 | +€16,823 | +7.2% |
| Other operating charges | 640/8 | €74,705 | €90,914 | +€16,209 | +21.7% |
| Gross operating margin | 9900 | €834,425 | €536,396 | -€298,029 | -35.7% |
| Operating profit (loss) | 9901 | €189,821 | -€182,321 | -€372,142 | |
| Financial income | 75/76B | €745 | €6,802 | +€6,056 | +812.5% |
| Recurring financial income | 75 | €745 | €6,802 | +€6,056 | +812.5% |
| Financial charges | 65/66B | €13,308 | €16,932 | +€3,624 | +27.2% |
| Recurring financial charges | 65 | €13,308 | €16,932 | +€3,624 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €177,258 | -€192,451 | -€369,710 | |
| Income taxes | 67/77 | €49 | €1,804 | +€1,755 | +3585.7% |
| Profit (loss) for the period | 9904 | €177,209 | -€194,255 | -€371,465 | |
| Profit (loss) for the period to be appropriated | 9905 | €177,209 | -€194,255 | -€371,465 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.