DRD CONSULT: 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 CONSULT
Largest movements
- Tangible fixed assets -€307,620
down €307,620 (-41.2%), from €747,198 to €439,579
of which Furniture and vehicles: -€273,325
- Stocks and contracts -€41,132
down €41,132 (-27.7%), from €148,625 to €107,493
of which Stocks: -€45,440
- Receivables within one year -€37,868
down €37,868 (-8.7%), from €435,727 to €397,859
of which Other amounts receivable: -€20,679
- Debts after one year -€180,267
down €180,267 (-46.7%), from €386,383 to €206,116
of which Financial debts: -€177,492
- Trade debts -€110,533
down €110,533 (-16.9%), from €653,915 to €543,382
- Short-term financial debts -€74,976
down €74,976 (-37.5%), from €200,005 to €125,029
- Tax, wage and social debts -€33,293
down €33,293 (-53.7%), from €61,983 to €28,690
of which Remuneration and social security: -€27,704
- Gross operating margin -€104,370
down €104,370 (-23.2%), from €450,487 to €346,117
- Staff costs -€97,541
down €97,541 (-50.3%), from €193,986 to €96,445
- Other operating charges -€12,800
down €12,800 (-32.3%), from €39,652 to €26,851
- Taxes -€11,582
down €11,582 (-93.8%), from €12,341 to €759
- Depreciation -€10,782
down €10,782 (-10.3%), from €104,705 to €93,923
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 | €1,555,732 | €1,150,407 | -€405,325 | -26.1% |
| Fixed assets | 21/28 | €755,746 | €440,935 | -€314,811 | -41.7% |
| Intangible fixed assets | 21 | €432 | €168 | -€264 | -61.1% |
| Tangible fixed assets | 22/27 | €747,198 | €439,579 | -€307,620 | -41.2% |
| Land and buildings | 22 | €39,406 | €32,811 | -€6,594 | -16.7% |
| Plant, machinery and equipment | 23 | €20,807 | €12,107 | -€8,700 | -41.8% |
| Furniture and vehicles | 24 | €544,563 | €271,238 | -€273,325 | -50.2% |
| Leasing and similar rights | 25 | €142,422 | €123,422 | -€19,000 | -13.3% |
| Financial fixed assets | 28 | €8,116 | €1,188 | -€6,928 | -85.4% |
| Current assets | 29/58 | €799,987 | €709,473 | -€90,514 | -11.3% |
| Amounts receivable after more than one year | 29 | €182,000 | €182,000 | = | 0.0% |
| Other amounts receivable | 291 | €182,000 | €182,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €148,625 | €107,493 | -€41,132 | -27.7% |
| Stocks | 30/36 | €115,440 | €70,000 | -€45,440 | -39.4% |
| Contracts in progress | 37 | €33,185 | €37,493 | +€4,308 | +13.0% |
| Amounts receivable within one year | 40/41 | €435,727 | €397,859 | -€37,868 | -8.7% |
| Trade receivables | 40 | €314,651 | €297,463 | -€17,188 | -5.5% |
| Other amounts receivable | 41 | €121,075 | €100,396 | -€20,679 | -17.1% |
| Cash at bank and in hand | 54/58 | €23,047 | €11,300 | -€11,747 | -51.0% |
| Deferred charges and accrued income | 490/1 | €10,588 | €10,820 | +€233 | +2.2% |
| Total equity and liabilities | 10/49 | €1,555,732 | €1,150,407 | -€405,325 | -26.1% |
| Equity | 10/15 | €106,550 | €113,413 | +€6,863 | +6.4% |
| Contributions | 10/11 | €38,200 | €38,200 | = | 0.0% |
| Reserves | 13 | €176,517 | €176,517 | = | 0.0% |
| Distributable reserves | 133 | €176,517 | €176,517 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,167 | -€101,304 | +€6,863 | +6.3% |
| Amounts payable | 17/49 | €1,449,183 | €1,036,995 | -€412,188 | -28.4% |
| Amounts payable after more than one year | 17 | €386,383 | €206,116 | -€180,267 | -46.7% |
| Financial debts | 170/4 | €383,608 | €206,116 | -€177,492 | -46.3% |
| Other amounts payable | 178/9 | €2,775 | €0 | -€2,775 | -100.0% |
| Amounts payable within one year | 42/48 | €1,059,866 | €830,879 | -€228,987 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €143,964 | €133,779 | -€10,186 | -7.1% |
| Financial debts | 43 | €200,005 | €125,029 | -€74,976 | -37.5% |
| Credit institutions | 430/8 | €200,005 | €125,029 | -€74,976 | -37.5% |
| Trade debts | 44 | €653,915 | €543,382 | -€110,533 | -16.9% |
| Suppliers | 440/4 | €653,915 | €543,382 | -€110,533 | -16.9% |
| Taxes, remuneration and social security | 45 | €61,983 | €28,690 | -€33,293 | -53.7% |
| Taxes | 450/3 | €15,210 | €9,621 | -€5,588 | -36.7% |
| Remuneration and social security | 454/9 | €46,773 | €19,068 | -€27,704 | -59.2% |
| Accrued charges and deferred income | 492/3 | €2,934 | €0 | -€2,934 | -100.0% |
| Non-recurring operating income | 76A | €48,366 | €102,479 | +€54,114 | +111.9% |
| Remuneration, social security and pensions | 62 | €193,986 | €96,445 | -€97,541 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,705 | €93,923 | -€10,782 | -10.3% |
| Other operating charges | 640/8 | €39,652 | €26,851 | -€12,800 | -32.3% |
| Non-recurring operating charges | 66A | €0 | €30,168 | +€30,168 | |
| Gross operating margin | 9900 | €450,487 | €346,117 | -€104,370 | -23.2% |
| Operating profit (loss) | 9901 | €112,144 | €98,730 | -€13,414 | -12.0% |
| Financial income | 75/76B | €4,815 | €4,924 | +€110 | +2.3% |
| Recurring financial income | 75 | €4,815 | €4,924 | +€110 | +2.3% |
| Financial charges | 65/66B | €95,608 | €96,032 | +€424 | +0.4% |
| Recurring financial charges | 65 | €95,608 | €96,032 | +€424 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €21,351 | €7,622 | -€13,728 | -64.3% |
| Income taxes | 67/77 | €12,341 | €759 | -€11,582 | -93.8% |
| Profit (loss) for the period | 9904 | €9,010 | €6,863 | -€2,147 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,010 | €6,863 | -€2,147 | -23.8% |
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 6 October 2026 via checked.be.