DRECIRC: 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.
DRECIRC
Largest movements
- Receivables within one year +€119,670
up €119,670 (+1,150%), from €10,410 to €130,080
of which Other amounts receivable: +€67,170
- Cash -€1,814
down €1,814 (-4.2%), from €43,559 to €41,745
mainly Receivables within one year (-€119,670) and Other debts (-€450)
- Reserves +€68,652
up €68,652 (+1,566%), from €4,385 to €73,037
- Trade debts +€42,253
up €42,253 (+127%), from €33,401 to €75,654
- Tax, wage and social debts +€7,401
up €7,401 (+67.6%), from €10,948 to €18,349
of which Taxes: +€16,249
- Staff costs -€49,661
down €49,661, from €44,994 to -€4,667
- Gross operating margin +€28,815
up €28,815 (+53.3%), from €54,015 to €82,830
- Taxes +€16,157
up €16,157 (+1,474%), from €1,096 to €17,253
- Other operating charges +€1,547
new in 2025: €1,547
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.
Derived cash bridge
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 | €53,969 | €171,825 | +€117,856 | +218% |
| Current assets | 29/58 | €53,969 | €171,825 | +€117,856 | +218% |
| Amounts receivable within one year | 40/41 | €10,410 | €130,080 | +€119,670 | +1,150% |
| Trade receivables | 40 | €7,500 | €60,000 | +€52,500 | +700% |
| Other amounts receivable | 41 | €2,910 | €70,080 | +€67,170 | +2,308% |
| Cash at bank and in hand | 54/58 | €43,559 | €41,745 | -€1,814 | -4.2% |
| Total equity and liabilities | 10/49 | €53,969 | €171,825 | +€117,856 | +218% |
| Equity | 10/15 | €5,385 | €74,037 | +€68,652 | +1,275% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €4,385 | €73,037 | +€68,652 | +1,566% |
| Distributable reserves | 133 | €4,385 | €73,037 | +€68,652 | +1,566% |
| Amounts payable | 17/49 | €48,584 | €97,788 | +€49,204 | +101% |
| Amounts payable within one year | 42/48 | €48,584 | €97,788 | +€49,204 | +101% |
| Trade debts | 44 | €33,401 | €75,654 | +€42,253 | +127% |
| Suppliers | 440/4 | €33,401 | €75,654 | +€42,253 | +127% |
| Taxes, remuneration and social security | 45 | €10,948 | €18,349 | +€7,401 | +67.6% |
| Taxes | 450/3 | €2,100 | €18,349 | +€16,249 | +774% |
| Remuneration and social security | 454/9 | €8,848 | - | -€8,848 | |
| Other amounts payable | 47/48 | €4,235 | €3,785 | -€450 | -10.6% |
| Remuneration, social security and pensions | 62 | €44,994 | -€4,667 | -€49,661 | |
| Other operating charges | 640/8 | - | €1,547 | +€1,547 | |
| Gross operating margin | 9900 | €54,015 | €82,830 | +€28,815 | +53.3% |
| Operating profit (loss) | 9901 | €9,021 | €85,950 | +€76,929 | +853% |
| Financial charges | 65/66B | €40 | €45 | +€5 | +12.5% |
| Recurring financial charges | 65 | €40 | €45 | +€5 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €8,981 | €85,905 | +€76,924 | +857% |
| Income taxes | 67/77 | €1,096 | €17,253 | +€16,157 | +1,474% |
| Profit (loss) for the period | 9904 | €7,885 | €68,652 | +€60,767 | +771% |
| Profit (loss) for the period to be appropriated | 9905 | €7,885 | €68,652 | +€60,767 | +771% |
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 13 October 2026 via checked.be.