Drazic: 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.
Drazic
Largest movements
- Tangible fixed assets -€6,019
down €6,019 (-3.2%), from €189,026 to €183,007
of which Land and buildings: -€5,600
- Receivables within one year -€3,666
down €3,666 (-16.8%), from €21,816 to €18,151
of which Trade receivables: -€3,630
- Other debts +€23,295
up €23,295 (+35.7%), from €65,258 to €88,553
- Profit (loss) carried forward -€13,491
down €13,491 (-174.2%), from -€7,742 to -€21,233
- Debts after one year -€9,717
down €9,717 (-5.9%), from €163,700 to €153,983
- Trade debts -€6,216
down €6,216 (-63.4%), from €9,798 to €3,582
- Gross operating margin -€5,051
down €5,051 (-93.6%), from €5,393 to €343
- Financial charges +€807
up €807 (+14.5%), from €5,582 to €6,389
- Taxes -€372
down €372 (-100.0%), from €372 to €0
- Financial income +€209
up €209 (+521800.0%), from €0 to €209
- Other operating charges +€72
up €72 (+4.6%), from €1,561 to €1,634
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 | €360,768 | €348,761 | -€12,007 | -3.3% |
| Fixed assets | 21/28 | €335,526 | €329,507 | -€6,019 | -1.8% |
| Tangible fixed assets | 22/27 | €189,026 | €183,007 | -€6,019 | -3.2% |
| Land and buildings | 22 | €187,600 | €182,000 | -€5,600 | -3.0% |
| Plant, machinery and equipment | 23 | €1,426 | €1,007 | -€419 | -29.4% |
| Financial fixed assets | 28 | €146,500 | €146,500 | = | 0.0% |
| Current assets | 29/58 | €25,242 | €19,255 | -€5,987 | -23.7% |
| Amounts receivable within one year | 40/41 | €21,816 | €18,151 | -€3,666 | -16.8% |
| Trade receivables | 40 | €21,780 | €18,150 | -€3,630 | -16.7% |
| Other amounts receivable | 41 | €36 | €1 | -€36 | -98.4% |
| Cash at bank and in hand | 54/58 | €21 | €460 | +€439 | +2097.8% |
| Deferred charges and accrued income | 490/1 | €3,405 | €644 | -€2,761 | -81.1% |
| Total equity and liabilities | 10/49 | €360,768 | €348,761 | -€12,007 | -3.3% |
| Equity | 10/15 | €95,802 | €82,312 | -€13,491 | -14.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €91,144 | €91,144 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €89,284 | €91,144 | +€1,860 | +2.1% |
| Profit (loss) carried forward | 14 | -€7,742 | -€21,233 | -€13,491 | -174.2% |
| Amounts payable | 17/49 | €264,966 | €266,450 | +€1,484 | +0.6% |
| Amounts payable after more than one year | 17 | €163,700 | €153,983 | -€9,717 | -5.9% |
| Financial debts | 170/4 | €163,700 | €153,983 | -€9,717 | -5.9% |
| Amounts payable within one year | 42/48 | €97,787 | €112,183 | +€14,396 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €9,518 | €9,717 | +€199 | +2.1% |
| Financial debts | 43 | €784 | €801 | +€16 | +2.1% |
| Credit institutions | 430/8 | €784 | €801 | +€16 | +2.1% |
| Trade debts | 44 | €9,798 | €3,582 | -€6,216 | -63.4% |
| Suppliers | 440/4 | €9,798 | €3,582 | -€6,216 | -63.4% |
| Taxes, remuneration and social security | 45 | €12,428 | €9,530 | -€2,898 | -23.3% |
| Taxes | 450/3 | €4,821 | €4,175 | -€646 | -13.4% |
| Remuneration and social security | 454/9 | €7,607 | €5,355 | -€2,252 | -29.6% |
| Other amounts payable | 47/48 | €65,258 | €88,553 | +€23,295 | +35.7% |
| Accrued charges and deferred income | 492/3 | €3,479 | €284 | -€3,195 | -91.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,019 | €6,019 | = | 0.0% |
| Other operating charges | 640/8 | €1,561 | €1,634 | +€72 | +4.6% |
| Gross operating margin | 9900 | €5,393 | €343 | -€5,051 | -93.6% |
| Operating profit (loss) | 9901 | -€2,187 | -€7,310 | -€5,123 | -234.2% |
| Financial income | 75/76B | €0 | €209 | +€209 | +521800.0% |
| Recurring financial income | 75 | €0 | €209 | +€209 | +521800.0% |
| Financial charges | 65/66B | €5,582 | €6,389 | +€807 | +14.5% |
| Recurring financial charges | 65 | €5,582 | €6,389 | +€807 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,770 | -€13,491 | -€5,721 | -73.6% |
| Income taxes | 67/77 | €372 | €0 | -€372 | -100.0% |
| Profit (loss) for the period | 9904 | -€8,142 | -€13,491 | -€5,349 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,142 | -€13,491 | -€5,349 | -65.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.