DRENCO: 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.
DRENCO
Largest movements
- Receivables within one year -€100,471
down €100,471 (-34.1%), from €294,431 to €193,959
of which Trade receivables: -€73,799
- Cash +€7,512
up €7,512 (+364%), from €2,063 to €9,576
mainly Receivables within one year (+€100,471) and Depreciation (+€2,890)
- Trade debts -€77,029
down €77,029 (-95.1%), from €81,036 to €4,007
- Other debts -€17,124
down €17,124 (-2.6%), from €654,549 to €637,426
- Gross operating margin +€28,624
up €28,624 (+494%), from €5,795 to €34,419
- Other operating charges +€2,264
up €2,264 (+228%), from €994 to €3,259
- Staff costs +€1,558
no longer reported in 2025 (was -€1,558)
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 | €686,722 | €591,060 | -€95,662 | -13.9% |
| Fixed assets | 21/28 | €390,228 | €387,338 | -€2,890 | -0.7% |
| Intangible fixed assets | 21 | €1,066 | €1,066 | = | 0.0% |
| Tangible fixed assets | 22/27 | €389,162 | €386,272 | -€2,890 | -0.7% |
| Land and buildings | 22 | €372,462 | €368,573 | -€3,889 | -1.0% |
| Furniture and vehicles | 24 | €10,824 | €11,823 | +€999 | +9.2% |
| Other tangible fixed assets | 26 | €5,876 | €5,876 | = | 0.0% |
| Current assets | 29/58 | €296,494 | €203,722 | -€92,772 | -31.3% |
| Amounts receivable within one year | 40/41 | €294,431 | €193,959 | -€100,471 | -34.1% |
| Trade receivables | 40 | €134,093 | €60,294 | -€73,799 | -55.0% |
| Other amounts receivable | 41 | €160,338 | €133,665 | -€26,672 | -16.6% |
| Cash at bank and in hand | 54/58 | €2,063 | €9,576 | +€7,512 | +364% |
| Deferred charges and accrued income | 490/1 | - | €187 | +€187 | |
| Total equity and liabilities | 10/49 | €686,722 | €591,060 | -€95,662 | -13.9% |
| Equity | 10/15 | -€1,363,864 | -€1,365,373 | -€1,510 | -0.1% |
| Contributions | 10/11 | €1,034,429 | €1,034,429 | = | 0.0% |
| Capital | 10 | €1,034,429 | €1,034,429 | = | 0.0% |
| Issued capital | 100 | €1,034,429 | €1,034,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,398,293 | -€2,399,802 | -€1,510 | -0.1% |
| Amounts payable | 17/49 | €2,050,586 | €1,956,433 | -€94,153 | -4.6% |
| Amounts payable after more than one year | 17 | €1,315,000 | €1,315,000 | = | 0.0% |
| Financial debts | 170/4 | €1,315,000 | €1,315,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €735,586 | €641,433 | -€94,153 | -12.8% |
| Trade debts | 44 | €81,036 | €4,007 | -€77,029 | -95.1% |
| Suppliers | 440/4 | €81,036 | €4,007 | -€77,029 | -95.1% |
| Other amounts payable | 47/48 | €654,549 | €637,426 | -€17,124 | -2.6% |
| Non-recurring operating income | 76A | €101,438 | - | -€101,438 | |
| Remuneration, social security and pensions | 62 | -€1,558 | - | +€1,558 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,121 | €2,890 | -€231 | -7.4% |
| Other operating charges | 640/8 | €994 | €3,259 | +€2,264 | +228% |
| Non-recurring operating charges | 66A | - | €29,377 | +€29,377 | |
| Gross operating margin | 9900 | €5,795 | €34,419 | +€28,624 | +494% |
| Operating profit (loss) | 9901 | €3,237 | -€1,107 | -€4,344 | |
| Financial income | 75/76B | €24 | €3 | -€20 | -86.5% |
| Recurring financial income | 75 | €24 | €3 | -€20 | -86.5% |
| Financial charges | 65/66B | €430 | €405 | -€25 | -5.8% |
| Recurring financial charges | 65 | €430 | €405 | -€25 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €2,830 | -€1,510 | -€4,340 | |
| Profit (loss) for the period | 9904 | €2,830 | -€1,510 | -€4,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,830 | -€1,510 | -€4,340 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.