Drasch Incorporated: 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.
Drasch Incorporated
Largest movements
- Cash +€53,442
up €53,442 (+67.4%), from €79,249 to €132,691
mainly Net result for the year (+€31,607) and Trade debts (+€24,795)
- Receivables within one year -€18,419
down €18,419 (-50.0%), from €36,803 to €18,385
- Tangible fixed assets +€18,189
up €18,189 (+119.8%), from €15,186 to €33,375
of which Furniture and vehicles: +€25,960
- Financial fixed assets +€4,600
new in 2025: €4,600
- Reserves +€29,941
up €29,941 (+33.2%), from €90,065 to €120,005
- Trade debts +€24,795
up €24,795 (+1379.7%), from €1,797 to €26,593
- Gross operating margin -€25,493
down €25,493 (-31.8%), from €80,231 to €54,739
- Taxes -€5,185
down €5,185 (-23.6%), from €21,993 to €16,808
- Other operating charges +€2,346
up €2,346 (+2322.9%), from €101 to €2,447
- Depreciation +€917
up €917 (+82.1%), from €1,117 to €2,034
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 | €135,363 | €191,396 | +€56,034 | +41.4% |
| Fixed assets | 21/28 | €15,186 | €37,975 | +€22,789 | +150.1% |
| Tangible fixed assets | 22/27 | €15,186 | €33,375 | +€18,189 | +119.8% |
| Furniture and vehicles | 24 | €6,625 | €32,584 | +€25,960 | +391.9% |
| Other tangible fixed assets | 26 | €8,561 | €790 | -€7,771 | -90.8% |
| Financial fixed assets | 28 | - | €4,600 | +€4,600 | |
| Current assets | 29/58 | €120,177 | €153,422 | +€33,245 | +27.7% |
| Amounts receivable within one year | 40/41 | €36,803 | €18,385 | -€18,419 | -50.0% |
| Trade receivables | 40 | €36,803 | €18,385 | -€18,419 | -50.0% |
| Cash at bank and in hand | 54/58 | €79,249 | €132,691 | +€53,442 | +67.4% |
| Deferred charges and accrued income | 490/1 | €4,125 | €2,346 | -€1,779 | -43.1% |
| Total equity and liabilities | 10/49 | €135,363 | €191,396 | +€56,034 | +41.4% |
| Equity | 10/15 | €93,065 | €123,005 | +€29,941 | +32.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €90,065 | €120,005 | +€29,941 | +33.2% |
| Distributable reserves | 133 | €90,065 | €120,005 | +€29,941 | +33.2% |
| Amounts payable | 17/49 | €42,298 | €68,391 | +€26,093 | +61.7% |
| Amounts payable within one year | 42/48 | €42,298 | €68,391 | +€26,093 | +61.7% |
| Trade debts | 44 | €1,797 | €26,593 | +€24,795 | +1379.7% |
| Suppliers | 440/4 | €1,797 | €26,593 | +€24,795 | +1379.7% |
| Taxes, remuneration and social security | 45 | €39,240 | €40,019 | +€780 | +2.0% |
| Taxes | 450/3 | €39,240 | €40,019 | +€780 | +2.0% |
| Other amounts payable | 47/48 | €1,261 | €1,779 | +€518 | +41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,117 | €2,034 | +€917 | +82.1% |
| Other operating charges | 640/8 | €101 | €2,447 | +€2,346 | +2322.9% |
| Gross operating margin | 9900 | €80,231 | €54,739 | -€25,493 | -31.8% |
| Operating profit (loss) | 9901 | €79,014 | €50,258 | -€28,756 | -36.4% |
| Financial income | 75/76B | €29 | €5 | -€24 | -83.0% |
| Recurring financial income | 75 | €29 | €5 | -€24 | -83.0% |
| Financial charges | 65/66B | €2,271 | €1,848 | -€424 | -18.7% |
| Recurring financial charges | 65 | €2,271 | €1,848 | -€424 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €76,771 | €48,415 | -€28,356 | -36.9% |
| Income taxes | 67/77 | €21,993 | €16,808 | -€5,185 | -23.6% |
| Profit (loss) for the period | 9904 | €54,778 | €31,607 | -€23,171 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,778 | €31,607 | -€23,171 | -42.3% |
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 6 October 2026 via checked.be.