Draulans: what changed
Draulans
Largest movements
- Receivables within one year +€173,779
up €173,779 (+341%), from €50,970 to €224,750
of which Trade receivables: +€133,893
- Cash -€52,083
down €52,083 (-33.2%), from €156,937 to €104,854
mainly Investment in fixed assets (net) (-€265,973) and Receivables within one year (-€173,779)
- Tangible fixed assets +€47,339
up €47,339 (+3.1%), from €1.5m to €1.6m
of which Assets under construction and advance payments: +€190,115
- Stocks and contracts +€42,636
up €42,636 (+9.0%), from €471,741 to €514,377
of which Stocks: +€40,365
- Reserves +€94,140
up €94,140 (+40.9%), from €230,107 to €324,247
of which Distributable reserves: +€94,140
- Debts after one year +€73,330
up €73,330 (+6.1%), from €1.2m to €1.3m
- Trade debts +€71,597
up €71,597 (+27.3%), from €262,683 to €334,279
- Other debts -€34,489
down €34,489 (-16.5%), from €209,489 to €175,000
- Gross operating margin +€97,504
up €97,504 (+7.5%), from €1.3m to €1.4m
- Staff costs +€74,892
up €74,892 (+9.1%), from €826,331 to €901,223
- Depreciation +€18,028
up €18,028 (+9.0%), from €200,605 to €218,634
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,216,622 | €2,433,624 | +€217,002 | +9.8% |
| Fixed assets | 21/28 | €1,511,475 | €1,558,814 | +€47,339 | +3.1% |
| Tangible fixed assets | 22/27 | €1,511,475 | €1,558,814 | +€47,339 | +3.1% |
| Land and buildings | 22 | €398,067 | €372,126 | -€25,941 | -6.5% |
| Plant, machinery and equipment | 23 | €632,891 | €618,610 | -€14,281 | -2.3% |
| Furniture and vehicles | 24 | €90,206 | €57,679 | -€32,528 | -36.1% |
| Leasing and similar rights | 25 | €390,311 | €320,284 | -€70,026 | -17.9% |
| Assets under construction and advance payments | 27 | - | €190,115 | +€190,115 | |
| Current assets | 29/58 | €705,147 | €874,810 | +€169,663 | +24.1% |
| Stocks and contracts in progress | 3 | €471,741 | €514,377 | +€42,636 | +9.0% |
| Stocks | 30/36 | €438,925 | €479,290 | +€40,365 | +9.2% |
| Contracts in progress | 37 | €32,816 | €35,087 | +€2,271 | +6.9% |
| Amounts receivable within one year | 40/41 | €50,970 | €224,750 | +€173,779 | +341% |
| Trade receivables | 40 | €42,207 | €176,100 | +€133,893 | +317% |
| Other amounts receivable | 41 | €8,763 | €48,650 | +€39,886 | +455% |
| Cash at bank and in hand | 54/58 | €156,937 | €104,854 | -€52,083 | -33.2% |
| Deferred charges and accrued income | 490/1 | €25,499 | €30,830 | +€5,331 | +20.9% |
| Total equity and liabilities | 10/49 | €2,216,622 | €2,433,624 | +€217,002 | +9.8% |
| Equity | 10/15 | €252,808 | €346,948 | +€94,140 | +37.2% |
| Contributions | 10/11 | €22,701 | €22,701 | = | 0.0% |
| Reserves | 13 | €230,107 | €324,247 | +€94,140 | +40.9% |
| Tax-exempt reserves | 132 | €33,322 | €33,322 | = | 0.0% |
| Distributable reserves | 133 | €196,784 | €290,924 | +€94,140 | +47.8% |
| Amounts payable | 17/49 | €1,963,814 | €2,086,676 | +€122,862 | +6.3% |
| Amounts payable after more than one year | 17 | €1,194,047 | €1,267,377 | +€73,330 | +6.1% |
| Financial debts | 170/4 | €1,194,047 | €1,267,377 | +€73,330 | +6.1% |
| Amounts payable within one year | 42/48 | €769,767 | €819,299 | +€49,532 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €156,316 | €158,939 | +€2,622 | +1.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €262,683 | €334,279 | +€71,597 | +27.3% |
| Suppliers | 440/4 | €262,683 | €334,279 | +€71,597 | +27.3% |
| Taxes, remuneration and social security | 45 | €41,279 | €51,081 | +€9,802 | +23.7% |
| Taxes | 450/3 | €13,162 | €21,021 | +€7,859 | +59.7% |
| Remuneration and social security | 454/9 | €28,117 | €30,060 | +€1,943 | +6.9% |
| Other amounts payable | 47/48 | €209,489 | €175,000 | -€34,489 | -16.5% |
| Remuneration, social security and pensions | 62 | €826,331 | €901,223 | +€74,892 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,605 | €218,634 | +€18,028 | +9.0% |
| Other operating charges | 640/8 | €6,814 | €7,669 | +€855 | +12.6% |
| Gross operating margin | 9900 | €1,297,394 | €1,394,898 | +€97,504 | +7.5% |
| Operating profit (loss) | 9901 | €263,643 | €267,372 | +€3,729 | +1.4% |
| Financial income | 75/76B | €1,750 | €2,787 | +€1,037 | +59.3% |
| Recurring financial income | 75 | €1,750 | €2,787 | +€1,037 | +59.3% |
| Financial charges | 65/66B | €39,554 | €40,825 | +€1,271 | +3.2% |
| Recurring financial charges | 65 | €39,554 | €40,825 | +€1,271 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €225,839 | €229,334 | +€3,495 | +1.5% |
| Income taxes | 67/77 | €60,926 | €60,193 | -€733 | -1.2% |
| Profit (loss) for the period | 9904 | €164,913 | €169,140 | +€4,227 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €164,913 | €169,140 | +€4,227 | +2.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.