DRD: 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.
DRD
Largest movements
- Cash -€55,581
down €55,581 (-58.3%), from €95,415 to €39,833
mainly Trade debts (-€44,542) and Other debts (-€17,277)
- Deferred charges and accrued income +€6,849
new in 2025: €6,849
- Receivables within one year +€3,484
up €3,484 (+67.4%), from €5,167 to €8,652
of which Other amounts receivable: +€3,563
- Intangible fixed assets +€2,797
new in 2025: €2,797
- Tangible fixed assets +€1,803
up €1,803 (+58.8%), from €3,068 to €4,871
of which Plant, machinery and equipment: +€2,555
- Trade debts -€44,542
down €44,542 (-89.1%), from €49,993 to €5,451
- Reserves +€32,000
up €32,000 (+86.5%), from €37,000 to €69,000
of which Distributable reserves: +€32,029
- Other debts -€17,277
down €17,277 (-35.0%), from €49,378 to €32,101
- Tax, wage and social debts -€13,671
no longer reported in 2025 (was €13,671)
- Accrued charges and deferred income +€2,315
new in 2025: €2,315
- Gross operating margin +€5,605
up €5,605 (+13.0%), from €43,242 to €48,847
- Financial charges +€3,310
up €3,310 (+3221.2%), from €103 to €3,413
- Taxes +€533
up €533 (+5.1%), from €10,350 to €10,882
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 | €150,992 | €110,343 | -€40,648 | -26.9% |
| Fixed assets | 21/28 | €50,410 | €55,010 | +€4,600 | +9.1% |
| Intangible fixed assets | 21 | - | €2,797 | +€2,797 | |
| Tangible fixed assets | 22/27 | €3,068 | €4,871 | +€1,803 | +58.8% |
| Plant, machinery and equipment | 23 | €62 | €2,617 | +€2,555 | +4119.6% |
| Furniture and vehicles | 24 | €3,006 | €2,254 | -€752 | -25.0% |
| Financial fixed assets | 28 | €47,342 | €47,342 | = | 0.0% |
| Current assets | 29/58 | €100,582 | €55,333 | -€45,248 | -45.0% |
| Amounts receivable within one year | 40/41 | €5,167 | €8,652 | +€3,484 | +67.4% |
| Trade receivables | 40 | €517 | €438 | -€79 | -15.3% |
| Other amounts receivable | 41 | €4,650 | €8,214 | +€3,563 | +76.6% |
| Cash at bank and in hand | 54/58 | €95,415 | €39,833 | -€55,581 | -58.3% |
| Deferred charges and accrued income | 490/1 | - | €6,849 | +€6,849 | |
| Total equity and liabilities | 10/49 | €150,992 | €110,343 | -€40,648 | -26.9% |
| Equity | 10/15 | €37,950 | €70,477 | +€32,527 | +85.7% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €37,000 | €69,000 | +€32,000 | +86.5% |
| Tax-exempt reserves | 132 | €1,977 | €1,949 | -€29 | -1.4% |
| Distributable reserves | 133 | €35,023 | €67,051 | +€32,029 | +91.5% |
| Profit (loss) carried forward | 14 | €350 | €877 | +€527 | +150.7% |
| Amounts payable | 17/49 | €113,042 | €39,867 | -€73,175 | -64.7% |
| Amounts payable within one year | 42/48 | €113,042 | €37,552 | -€75,490 | -66.8% |
| Trade debts | 44 | €49,993 | €5,451 | -€44,542 | -89.1% |
| Suppliers | 440/4 | €49,993 | €5,451 | -€44,542 | -89.1% |
| Taxes, remuneration and social security | 45 | €13,671 | - | -€13,671 | |
| Taxes | 450/3 | €13,671 | - | -€13,671 | |
| Other amounts payable | 47/48 | €49,378 | €32,101 | -€17,277 | -35.0% |
| Accrued charges and deferred income | 492/3 | - | €2,315 | +€2,315 | |
| Non-recurring operating income | 76A | €20,000 | - | -€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,200 | +€200 | +20.0% |
| Other operating charges | 640/8 | €809 | €825 | +€16 | +2.0% |
| Gross operating margin | 9900 | €43,242 | €48,847 | +€5,605 | +13.0% |
| Operating profit (loss) | 9901 | €41,433 | €46,822 | +€5,389 | +13.0% |
| Financial income | 75/76B | €68 | €0 | -€68 | -99.9% |
| Recurring financial income | 75 | €68 | €0 | -€68 | -99.9% |
| Financial charges | 65/66B | €103 | €3,413 | +€3,310 | +3221.2% |
| Recurring financial charges | 65 | €103 | €3,413 | +€3,310 | +3221.2% |
| Profit (loss) for the period before taxes | 9903 | €41,399 | €43,409 | +€2,010 | +4.9% |
| Income taxes | 67/77 | €10,350 | €10,882 | +€533 | +5.1% |
| Profit (loss) for the period | 9904 | €31,049 | €32,527 | +€1,478 | +4.8% |
| Transfer from tax-exempt reserves | 789 | - | €29 | +€29 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,049 | €32,556 | +€1,506 | +4.9% |
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 28 September 2026 via checked.be.