DREMAN: 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.
DREMAN
Largest movements
- Receivables after one year +€5,250
up €5,250 (+8.1%), from €64,650 to €69,900
- Stocks and contracts -€3,707
no longer reported in 2025 (was €3,707)
- Reserves +€6,100
up €6,100 (+6.8%), from €90,370 to €96,471
of which Distributable reserves: +€6,100
- Other debts -€4,831
down €4,831 (-50.9%), from €9,493 to €4,662
- Staff costs -€7,752
down €7,752, from €7,749 to -€3
- Gross operating margin -€4,395
down €4,395, from €3,605 to -€791
- Financial charges -€275
down €275 (-10.8%), from €2,533 to €2,259
- Other operating charges -€148
down €148 (-17.2%), from €860 to €712
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 | €164,339 | €165,504 | +€1,166 | +0.7% |
| Current assets | 29/58 | €164,339 | €165,504 | +€1,166 | +0.7% |
| Amounts receivable after more than one year | 29 | €64,650 | €69,900 | +€5,250 | +8.1% |
| Other amounts receivable | 291 | €64,650 | €69,900 | +€5,250 | +8.1% |
| Stocks and contracts in progress | 3 | €3,707 | - | -€3,707 | |
| Stocks | 30/36 | €3,707 | - | -€3,707 | |
| Amounts receivable within one year | 40/41 | €92,224 | €91,760 | -€464 | -0.5% |
| Trade receivables | 40 | €24,285 | €23,821 | -€464 | -1.9% |
| Other amounts receivable | 41 | €67,939 | €67,939 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,758 | €3,215 | -€542 | -14.4% |
| Deferred charges and accrued income | 490/1 | - | €629 | +€629 | |
| Total equity and liabilities | 10/49 | €164,339 | €165,504 | +€1,166 | +0.7% |
| Equity | 10/15 | €146,070 | €152,171 | +€6,100 | +4.2% |
| Contributions | 10/11 | €55,700 | €55,700 | = | 0.0% |
| Reserves | 13 | €90,370 | €96,471 | +€6,100 | +6.8% |
| Non-distributable reserves | 130/1 | €5,570 | €5,570 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,570 | €5,570 | = | 0.0% |
| Distributable reserves | 133 | €84,800 | €90,901 | +€6,100 | +7.2% |
| Amounts payable | 17/49 | €18,269 | €13,334 | -€4,935 | -27.0% |
| Amounts payable within one year | 42/48 | €13,644 | €8,709 | -€4,935 | -36.2% |
| Trade debts | 44 | €1,700 | €1,633 | -€67 | -4.0% |
| Suppliers | 440/4 | €1,700 | €1,633 | -€67 | -4.0% |
| Taxes, remuneration and social security | 45 | €2,451 | €2,415 | -€36 | -1.5% |
| Taxes | 450/3 | €2,451 | €2,415 | -€36 | -1.5% |
| Other amounts payable | 47/48 | €9,493 | €4,662 | -€4,831 | -50.9% |
| Accrued charges and deferred income | 492/3 | €4,625 | €4,625 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,836 | +€4,836 | |
| Remuneration, social security and pensions | 62 | €7,749 | -€3 | -€7,752 | |
| Other operating charges | 640/8 | €860 | €712 | -€148 | -17.2% |
| Gross operating margin | 9900 | €3,605 | -€791 | -€4,395 | |
| Operating profit (loss) | 9901 | -€5,005 | -€1,500 | +€3,505 | +70.0% |
| Financial income | 75/76B | €10,000 | €10,000 | +€0 | 0.0% |
| Recurring financial income | 75 | €10,000 | €10,000 | +€0 | 0.0% |
| Financial charges | 65/66B | €2,533 | €2,259 | -€275 | -10.8% |
| Recurring financial charges | 65 | €2,533 | €2,259 | -€275 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €2,462 | €6,241 | +€3,779 | +153.5% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €2,322 | €6,100 | +€3,778 | +162.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,322 | €6,100 | +€3,778 | +162.7% |
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.