DRCDEVRIES: 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.
DRCDEVRIES
Largest movements
- Cash -€119,003
down €119,003 (-59.2%), from €200,977 to €81,973
mainly Contributions, distributions and other (-€339,229) and Tax, wage and social debts (-€66,910)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Receivables within one year -€11,691
no longer reported in 2025 (was €11,691)
- Tangible fixed assets +€10,574
up €10,574 (+161.9%), from €6,532 to €17,106
of which Land and buildings: +€6,364
- Reserves -€282,003
no longer reported in 2025 (was €282,003)
- Profit (loss) carried forward +€135,000
new in 2025: €135,000
- Tax, wage and social debts -€66,910
down €66,910 (-87.3%), from €76,666 to €9,756
- Other debts +€57,546
new in 2025: €57,546
- Accrued charges and deferred income -€7,205
down €7,205 (-99.4%), from €7,249 to €44
- Gross operating margin +€31,899
up €31,899 (+14.4%), from €221,758 to €253,658
- Taxes +€7,469
up €7,469 (+14.2%), from €52,659 to €60,128
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 | €370,518 | €208,381 | -€162,137 | -43.8% |
| Fixed assets | 21/28 | €47,032 | €57,606 | +€10,574 | +22.5% |
| Tangible fixed assets | 22/27 | €6,532 | €17,106 | +€10,574 | +161.9% |
| Land and buildings | 22 | €6,233 | €12,596 | +€6,364 | +102.1% |
| Plant, machinery and equipment | 23 | - | €960 | +€960 | |
| Furniture and vehicles | 24 | €300 | - | -€300 | |
| Other tangible fixed assets | 26 | - | €3,550 | +€3,550 | |
| Financial fixed assets | 28 | €40,500 | €40,500 | = | 0.0% |
| Current assets | 29/58 | €323,485 | €150,775 | -€172,711 | -53.4% |
| Amounts receivable within one year | 40/41 | €11,691 | - | -€11,691 | |
| Other amounts receivable | 41 | €11,691 | - | -€11,691 | |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €200,977 | €81,973 | -€119,003 | -59.2% |
| Deferred charges and accrued income | 490/1 | €70,818 | €68,801 | -€2,017 | -2.8% |
| Total equity and liabilities | 10/49 | €370,518 | €208,381 | -€162,137 | -43.8% |
| Equity | 10/15 | €284,003 | €137,000 | -€147,003 | -51.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €282,003 | - | -€282,003 | |
| Distributable reserves | 133 | €282,003 | - | -€282,003 | |
| Profit (loss) carried forward | 14 | - | €135,000 | +€135,000 | |
| Amounts payable | 17/49 | €86,515 | €71,381 | -€15,134 | -17.5% |
| Amounts payable within one year | 42/48 | €79,266 | €71,337 | -€7,929 | -10.0% |
| Trade debts | 44 | €2,600 | €4,035 | +€1,436 | +55.2% |
| Suppliers | 440/4 | €2,600 | €4,035 | +€1,436 | +55.2% |
| Taxes, remuneration and social security | 45 | €76,666 | €9,756 | -€66,910 | -87.3% |
| Taxes | 450/3 | €76,666 | €9,756 | -€66,910 | -87.3% |
| Other amounts payable | 47/48 | - | €57,546 | +€57,546 | |
| Accrued charges and deferred income | 492/3 | €7,249 | €44 | -€7,205 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,649 | €1,523 | -€125 | -7.6% |
| Other operating charges | 640/8 | €513 | €1,090 | +€578 | +112.8% |
| Gross operating margin | 9900 | €221,758 | €253,658 | +€31,899 | +14.4% |
| Operating profit (loss) | 9901 | €219,597 | €251,044 | +€31,447 | +14.3% |
| Financial income | 75/76B | €458 | €1,356 | +€897 | +195.9% |
| Recurring financial income | 75 | €458 | €1,356 | +€897 | +195.9% |
| Financial charges | 65/66B | €544 | €45 | -€499 | -91.7% |
| Recurring financial charges | 65 | €544 | €45 | -€499 | -91.7% |
| Profit (loss) for the period before taxes | 9903 | €219,511 | €252,355 | +€32,844 | +15.0% |
| Income taxes | 67/77 | €52,659 | €60,128 | +€7,469 | +14.2% |
| Profit (loss) for the period | 9904 | €166,852 | €192,227 | +€25,375 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €166,852 | €192,227 | +€25,375 | +15.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.