DRASEGHIR: 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.
DRASEGHIR
Largest movements
- Stocks and contracts +€648,177
up €648,177 (+54.7%), from €1.2m to €1.8m
- Receivables within one year +€89,480
up €89,480 (+232%), from €38,648 to €128,128
of which Trade receivables: +€71,295
- Debts after one year +€586,333
up €586,333 (+125%), from €468,493 to €1.1m
- Other debts +€154,671
up €154,671 (+24.7%), from €625,565 to €780,236
- Trade debts +€25,497
up €25,497 (+34.0%), from €74,958 to €100,455
- Financial charges -€2,208
down €2,208 (-100%), from €2,208 to €0
- Depreciation +€818
up €818 (+154%), from €530 to €1,348
- Gross operating margin +€401
up €401 (+7.1%), from -€5,631 to -€5,230
- Other operating charges +€202
up €202 (+27.6%), from €734 to €936
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 | €1,230,211 | €1,988,667 | +€758,457 | +61.7% |
| Fixed assets | 21/28 | €975 | €5,161 | +€4,187 | +429% |
| Tangible fixed assets | 22/27 | €475 | €4,661 | +€4,187 | +882% |
| Plant, machinery and equipment | 23 | €475 | - | -€475 | |
| Furniture and vehicles | 24 | - | €4,661 | +€4,661 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,229,236 | €1,983,506 | +€754,270 | +61.4% |
| Stocks and contracts in progress | 3 | €1,185,203 | €1,833,381 | +€648,177 | +54.7% |
| Stocks | 30/36 | €1,185,203 | €1,833,381 | +€648,177 | +54.7% |
| Amounts receivable within one year | 40/41 | €38,648 | €128,128 | +€89,480 | +232% |
| Trade receivables | 40 | €29,928 | €101,222 | +€71,295 | +238% |
| Other amounts receivable | 41 | €8,720 | €26,906 | +€18,186 | +209% |
| Cash at bank and in hand | 54/58 | €5,385 | €21,997 | +€16,612 | +309% |
| Total equity and liabilities | 10/49 | €1,230,211 | €1,988,667 | +€758,457 | +61.7% |
| Equity | 10/15 | -€49,483 | -€56,998 | -€7,515 | -15.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,483 | -€66,998 | -€7,515 | -12.6% |
| Amounts payable | 17/49 | €1,279,694 | €2,045,665 | +€765,971 | +59.9% |
| Amounts payable after more than one year | 17 | €468,493 | €1,054,826 | +€586,333 | +125% |
| Financial debts | 170/4 | €468,493 | €1,054,826 | +€586,333 | +125% |
| Amounts payable within one year | 42/48 | €811,201 | €990,839 | +€179,638 | +22.1% |
| Financial debts | 43 | €110,677 | €105,848 | -€4,830 | -4.4% |
| Credit institutions | 430/8 | €110,677 | €105,848 | -€4,830 | -4.4% |
| Trade debts | 44 | €74,958 | €100,455 | +€25,497 | +34.0% |
| Suppliers | 440/4 | €74,958 | €100,455 | +€25,497 | +34.0% |
| Taxes, remuneration and social security | 45 | - | €4,300 | +€4,300 | |
| Remuneration and social security | 454/9 | - | €4,300 | +€4,300 | |
| Other amounts payable | 47/48 | €625,565 | €780,236 | +€154,671 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €1,348 | +€818 | +154% |
| Other operating charges | 640/8 | €734 | €936 | +€202 | +27.6% |
| Gross operating margin | 9900 | -€5,631 | -€5,230 | +€401 | +7.1% |
| Operating profit (loss) | 9901 | -€6,895 | -€7,515 | -€620 | -9.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,208 | €0 | -€2,208 | -100% |
| Recurring financial charges | 65 | €2,208 | €0 | -€2,208 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€9,102 | -€7,515 | +€1,587 | +17.4% |
| Profit (loss) for the period | 9904 | -€9,102 | -€7,515 | +€1,587 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,102 | -€7,515 | +€1,587 | +17.4% |
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 17 October 2026 via checked.be.