DRASTIC: 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.
DRASTIC
Largest movements
- Stocks and contracts -€127,901
down €127,901 (-46.3%), from €275,969 to €148,068
of which Contracts in progress: -€136,031
- Cash -€8,574
down €8,574 (-87.1%), from €9,844 to €1,270
mainly Trade debts (-€139,893) and Accrued charges and deferred income (-€25,378)
- Receivables within one year -€3,915
down €3,915 (-41.7%), from €9,388 to €5,472
of which Other amounts receivable: -€3,623
- Trade debts -€139,893
down €139,893 (-80.3%), from €174,286 to €34,393
- Accrued charges and deferred income -€25,378
no longer reported in 2024 (was €25,378)
- Short-term financial debts +€22,959
up €22,959 (+2529.4%), from €908 to €23,867
- Other debts +€16,227
up €16,227 (+67.6%), from €23,993 to €40,220
- Advances received -€8,268
no longer reported in 2024 (was €8,268)
- Gross operating margin -€11,968
down €11,968 (-17.6%), from €67,828 to €55,860
- Staff costs +€8,904
up €8,904 (+18.8%), from €47,412 to €56,316
- Financial charges +€910
up €910 (+132.8%), from €685 to €1,595
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 | €295,660 | €158,228 | -€137,431 | -46.5% |
| Fixed assets | 21/28 | €158 | €2,704 | +€2,546 | +1613.4% |
| Tangible fixed assets | 22/27 | - | €2,546 | +€2,546 | |
| Plant, machinery and equipment | 23 | - | €1,754 | +€1,754 | |
| Furniture and vehicles | 24 | - | €792 | +€792 | |
| Financial fixed assets | 28 | €158 | €158 | = | 0.0% |
| Current assets | 29/58 | €295,502 | €155,524 | -€139,978 | -47.4% |
| Stocks and contracts in progress | 3 | €275,969 | €148,068 | -€127,901 | -46.3% |
| Stocks | 30/36 | €84,263 | €92,393 | +€8,130 | +9.6% |
| Contracts in progress | 37 | €191,705 | €55,674 | -€136,031 | -71.0% |
| Amounts receivable within one year | 40/41 | €9,388 | €5,472 | -€3,915 | -41.7% |
| Trade receivables | 40 | €293 | - | -€293 | |
| Other amounts receivable | 41 | €9,095 | €5,472 | -€3,623 | -39.8% |
| Cash at bank and in hand | 54/58 | €9,844 | €1,270 | -€8,574 | -87.1% |
| Deferred charges and accrued income | 490/1 | €302 | €715 | +€413 | +136.9% |
| Total equity and liabilities | 10/49 | €295,660 | €158,228 | -€137,431 | -46.5% |
| Equity | 10/15 | €41,878 | €38,939 | -€2,939 | -7.0% |
| Contributions | 10/11 | €171,200 | €171,200 | = | 0.0% |
| Outside capital | 11 | €171,200 | - | -€171,200 | |
| Other | 1109/19 | €171,200 | - | -€171,200 | |
| Reserves | 13 | €2,674 | €2,674 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,674 | €2,674 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,674 | €2,674 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,996 | -€134,935 | -€2,939 | -2.2% |
| Amounts payable | 17/49 | €253,782 | €119,290 | -€134,492 | -53.0% |
| Amounts payable within one year | 42/48 | €228,404 | €119,290 | -€109,114 | -47.8% |
| Financial debts | 43 | €908 | €23,867 | +€22,959 | +2529.4% |
| Credit institutions | 430/8 | €908 | €23,867 | +€22,959 | +2529.4% |
| Trade debts | 44 | €174,286 | €34,393 | -€139,893 | -80.3% |
| Suppliers | 440/4 | €174,286 | €34,393 | -€139,893 | -80.3% |
| Advances received on contracts in progress | 46 | €8,268 | - | -€8,268 | |
| Taxes, remuneration and social security | 45 | €20,950 | €20,811 | -€139 | -0.7% |
| Taxes | 450/3 | €971 | €1,435 | +€463 | +47.7% |
| Remuneration and social security | 454/9 | €19,979 | €19,376 | -€603 | -3.0% |
| Other amounts payable | 47/48 | €23,993 | €40,220 | +€16,227 | +67.6% |
| Accrued charges and deferred income | 492/3 | €25,378 | - | -€25,378 | |
| Remuneration, social security and pensions | 62 | €47,412 | €56,316 | +€8,904 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €460 | +€460 | |
| Other operating charges | 640/8 | €924 | €462 | -€462 | -50.0% |
| Gross operating margin | 9900 | €67,828 | €55,860 | -€11,968 | -17.6% |
| Operating profit (loss) | 9901 | €19,491 | -€1,379 | -€20,870 | |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €685 | €1,595 | +€910 | +132.8% |
| Recurring financial charges | 65 | €685 | €1,595 | +€910 | +132.8% |
| Profit (loss) for the period before taxes | 9903 | €18,806 | -€2,939 | -€21,745 | |
| Profit (loss) for the period | 9904 | €18,806 | -€2,939 | -€21,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,806 | -€2,939 | -€21,745 |
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 3 October 2026 via checked.be.