DrAYo: 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.
DrAYo
Largest movements
- Receivables within one year +€97,706
up €97,706 (+838.9%), from €11,646 to €109,353
of which Other amounts receivable: +€98,523
- Cash +€31,831
up €31,831 (+34.4%), from €92,654 to €124,485
mainly Net result for the year (+€91,333) and Trade debts (+€28,077)
- Tangible fixed assets -€4,382
down €4,382 (-18.7%), from €23,451 to €19,068
of which Furniture and vehicles: -€2,530
- Profit (loss) carried forward +€91,333
up €91,333 (+103.7%), from €88,038 to €179,370
- Trade debts +€28,077
up €28,077 (+2238.6%), from €1,254 to €29,332
- Tax, wage and social debts +€5,883
up €5,883 (+23.7%), from €24,801 to €30,684
of which Taxes: +€5,403
- Gross operating margin +€7,125
up €7,125 (+5.9%), from €121,076 to €128,201
- Taxes +€2,917
up €2,917 (+11.8%), from €24,801 to €27,718
- Depreciation -€1,476
down €1,476 (-21.5%), from €6,870 to €5,394
- Financial charges +€1,423
up €1,423 (+268.8%), from €529 to €1,952
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 | €127,751 | €252,906 | +€125,154 | +98.0% |
| Fixed assets | 21/28 | €23,451 | €19,068 | -€4,382 | -18.7% |
| Tangible fixed assets | 22/27 | €23,451 | €19,068 | -€4,382 | -18.7% |
| Plant, machinery and equipment | 23 | €13,103 | €11,251 | -€1,852 | -14.1% |
| Furniture and vehicles | 24 | €10,347 | €7,817 | -€2,530 | -24.5% |
| Current assets | 29/58 | €104,301 | €233,837 | +€129,537 | +124.2% |
| Amounts receivable within one year | 40/41 | €11,646 | €109,353 | +€97,706 | +838.9% |
| Trade receivables | 40 | €953 | €136 | -€817 | -85.7% |
| Other amounts receivable | 41 | €10,693 | €109,217 | +€98,523 | +921.3% |
| Cash at bank and in hand | 54/58 | €92,654 | €124,485 | +€31,831 | +34.4% |
| Total equity and liabilities | 10/49 | €127,751 | €252,906 | +€125,154 | +98.0% |
| Equity | 10/15 | €92,038 | €183,370 | +€91,333 | +99.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,038 | €179,370 | +€91,333 | +103.7% |
| Amounts payable | 17/49 | €35,713 | €69,535 | +€33,822 | +94.7% |
| Amounts payable within one year | 42/48 | €35,713 | €69,535 | +€33,822 | +94.7% |
| Trade debts | 44 | €1,254 | €29,332 | +€28,077 | +2238.6% |
| Suppliers | 440/4 | €1,254 | €29,332 | +€28,077 | +2238.6% |
| Taxes, remuneration and social security | 45 | €24,801 | €30,684 | +€5,883 | +23.7% |
| Taxes | 450/3 | €24,801 | €30,204 | +€5,403 | +21.8% |
| Remuneration and social security | 454/9 | - | €480 | +€480 | |
| Other amounts payable | 47/48 | €9,658 | €9,519 | -€139 | -1.4% |
| Remuneration, social security and pensions | 62 | €154 | - | -€154 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,870 | €5,394 | -€1,476 | -21.5% |
| Other operating charges | 640/8 | €683 | €465 | -€218 | -31.9% |
| Non-recurring operating charges | 66A | - | €1,338 | +€1,338 | |
| Gross operating margin | 9900 | €121,076 | €128,201 | +€7,125 | +5.9% |
| Operating profit (loss) | 9901 | €113,369 | €121,003 | +€7,634 | +6.7% |
| Financial charges | 65/66B | €529 | €1,952 | +€1,423 | +268.8% |
| Recurring financial charges | 65 | €529 | €1,952 | +€1,423 | +268.8% |
| Profit (loss) for the period before taxes | 9903 | €112,839 | €119,051 | +€6,212 | +5.5% |
| Income taxes | 67/77 | €24,801 | €27,718 | +€2,917 | +11.8% |
| Profit (loss) for the period | 9904 | €88,038 | €91,333 | +€3,295 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,038 | €91,333 | +€3,295 | +3.7% |
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 12 October 2026 via checked.be.