DRAPFIN: 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.
DRAPFIN
Largest movements
- Receivables within one year +€852,019
up €852,019 (+135%), from €630,634 to €1.5m
of which Other amounts receivable: +€506,840
- Tangible fixed assets -€355,981
down €355,981 (-2.7%), from €13.3m to €12.9m
of which Land and buildings: -€423,158
- Accrued charges and deferred income +€508,495
up €508,495 (+328%), from €155,051 to €663,546
- Profit (loss) carried forward +€183,384
up €183,384 (+13.3%), from -€1.4m to -€1.2m
- Debts after one year -€150,000
down €150,000 (-1.6%), from €9.3m to €9.2m
- Gross operating margin -€85,769
down €85,769 (-5.0%), from €1.7m to €1.6m
- Turnover -€76,996
down €76,996 (-5.3%), from €1.5m to €1.4m
- Financial charges -€59,721
down €59,721 (-8.4%), from €711,376 to €651,655
- Financial income -€34,564
down €34,564 (-60.0%), from €57,613 to €23,048
- Purchases and services +€24,033
up €24,033 (+39.7%), from €60,520 to €84,554
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.
Derived cash bridge
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 | €13,909,255 | €14,404,940 | +€495,685 | +3.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €13,271,798 | €12,915,817 | -€355,981 | -2.7% |
| Tangible fixed assets | 22/27 | €13,271,798 | €12,915,817 | -€355,981 | -2.7% |
| Land and buildings | 22 | €13,258,431 | €12,835,273 | -€423,158 | -3.2% |
| Assets under construction and advance payments | 27 | €13,367 | €80,544 | +€67,176 | +503% |
| Current assets | 29/58 | €637,457 | €1,489,123 | +€851,666 | +134% |
| Amounts receivable within one year | 40/41 | €630,634 | €1,482,654 | +€852,019 | +135% |
| Trade receivables | 40 | €35,528 | €380,708 | +€345,180 | +972% |
| Other amounts receivable | 41 | €595,106 | €1,101,946 | +€506,840 | +85.2% |
| Cash at bank and in hand | 54/58 | €765 | €765 | -€0 | 0.0% |
| Deferred charges and accrued income | 490/1 | €6,057 | €5,705 | -€353 | -5.8% |
| Total equity and liabilities | 10/49 | €13,909,255 | €14,404,940 | +€495,685 | +3.6% |
| Equity | 10/15 | €4,200,367 | €4,383,751 | +€183,384 | +4.4% |
| Contributions | 10/11 | €2,945,000 | €2,945,000 | = | 0.0% |
| Capital | 10 | €2,945,000 | €2,945,000 | = | 0.0% |
| Issued capital | 100 | €2,945,000 | €2,945,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,894,168 | €1,839,266 | -€54,902 | -2.9% |
| Reserves | 13 | €742,770 | €797,672 | +€54,902 | +7.4% |
| Non-distributable reserves | 130/1 | €29,047 | €29,047 | = | 0.0% |
| Legal reserve | 130 | €29,047 | €29,047 | = | 0.0% |
| Distributable reserves | 133 | €713,723 | €768,625 | +€54,902 | +7.7% |
| Profit (loss) carried forward | 14 | -€1,381,572 | -€1,198,187 | +€183,384 | +13.3% |
| Amounts payable | 17/49 | €9,708,889 | €10,021,189 | +€312,301 | +3.2% |
| Amounts payable after more than one year | 17 | €9,300,000 | €9,150,000 | -€150,000 | -1.6% |
| Financial debts | 170/4 | €9,300,000 | €9,150,000 | -€150,000 | -1.6% |
| Amounts payable within one year | 42/48 | €253,838 | €207,643 | -€46,195 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €103,824 | €57,643 | -€46,181 | -44.5% |
| Suppliers | 440/4 | €103,824 | €57,643 | -€46,181 | -44.5% |
| Taxes, remuneration and social security | 45 | €13 | €0 | -€13 | -100% |
| Taxes | 450/3 | €13 | €0 | -€13 | -100% |
| Accrued charges and deferred income | 492/3 | €155,051 | €663,546 | +€508,495 | +328% |
| Turnover | 70 | €1,459,975 | €1,382,979 | -€76,996 | -5.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €60,520 | €84,554 | +€24,033 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €478,454 | €489,993 | +€11,539 | +2.4% |
| Other operating charges | 640/8 | €332,434 | €343,916 | +€11,482 | +3.5% |
| Gross operating margin | 9900 | €1,731,669 | €1,645,900 | -€85,769 | -5.0% |
| Operating profit (loss) | 9901 | €920,781 | €811,991 | -€108,790 | -11.8% |
| Financial income | 75/76B | €57,613 | €23,048 | -€34,564 | -60.0% |
| Recurring financial income | 75 | €57,613 | €23,048 | -€34,564 | -60.0% |
| Financial charges | 65/66B | €711,376 | €651,655 | -€59,721 | -8.4% |
| Recurring financial charges | 65 | €711,376 | €651,655 | -€59,721 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €267,018 | €183,384 | -€83,633 | -31.3% |
| Income taxes | 67/77 | €176 | - | -€176 | |
| Profit (loss) for the period | 9904 | €266,842 | €183,384 | -€83,458 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €266,842 | €183,384 | -€83,458 | -31.3% |
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 31 October 2026 via checked.be.