DRESSELAERTS: 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.
DRESSELAERTS
Largest movements
- Cash +€94,548
up €94,548 (+126%), from €74,760 to €169,308
mainly Net result for the year (+€105,877) and Depreciation (+€17,872)
- Tangible fixed assets -€12,149
down €12,149 (-18.4%), from €66,057 to €53,908
of which Land and buildings: -€9,169
- Receivables within one year +€10,561
up €10,561 (+20.3%), from €52,071 to €62,632
of which Trade receivables: +€5,651
- Reserves +€105,877
up €105,877 (+13.6%), from €779,836 to €885,713
- Tax, wage and social debts -€12,182
down €12,182 (-97.5%), from €12,492 to €310
- Gross operating margin -€20,625
down €20,625 (-11.3%), from €181,915 to €161,289
- Taxes -€9,493
down €9,493 (-15.6%), from €60,865 to €51,372
- Depreciation +€5,723
up €5,723 (+47.1%), from €12,149 to €17,872
- Financial income -€5,017
down €5,017 (-22.4%), from €22,376 to €17,359
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 | €904,315 | €1,002,959 | +€98,644 | +10.9% |
| Fixed assets | 21/28 | €66,242 | €54,093 | -€12,149 | -18.3% |
| Tangible fixed assets | 22/27 | €66,057 | €53,908 | -€12,149 | -18.4% |
| Land and buildings | 22 | €58,226 | €49,057 | -€9,169 | -15.7% |
| Plant, machinery and equipment | 23 | €360 | €180 | -€180 | -50.1% |
| Furniture and vehicles | 24 | €7,472 | €4,672 | -€2,800 | -37.5% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €838,073 | €948,866 | +€110,794 | +13.2% |
| Stocks and contracts in progress | 3 | €69,295 | €67,638 | -€1,657 | -2.4% |
| Stocks | 30/36 | €69,295 | €67,638 | -€1,657 | -2.4% |
| Amounts receivable within one year | 40/41 | €52,071 | €62,632 | +€10,561 | +20.3% |
| Trade receivables | 40 | €51,726 | €57,377 | +€5,651 | +10.9% |
| Other amounts receivable | 41 | €345 | €5,255 | +€4,910 | +1,423% |
| Current investments | 50/53 | €640,000 | €640,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €74,760 | €169,308 | +€94,548 | +126% |
| Deferred charges and accrued income | 490/1 | €1,948 | €9,289 | +€7,341 | +377% |
| Total equity and liabilities | 10/49 | €904,315 | €1,002,959 | +€98,644 | +10.9% |
| Equity | 10/15 | €829,836 | €935,713 | +€105,877 | +12.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €779,836 | €885,713 | +€105,877 | +13.6% |
| Distributable reserves | 133 | €779,836 | €885,713 | +€105,877 | +13.6% |
| Amounts payable | 17/49 | €74,479 | €67,246 | -€7,233 | -9.7% |
| Amounts payable within one year | 42/48 | €69,358 | €64,871 | -€4,487 | -6.5% |
| Trade debts | 44 | €15,838 | €18,624 | +€2,786 | +17.6% |
| Suppliers | 440/4 | €15,838 | €18,624 | +€2,786 | +17.6% |
| Taxes, remuneration and social security | 45 | €12,492 | €310 | -€12,182 | -97.5% |
| Taxes | 450/3 | €12,492 | €310 | -€12,182 | -97.5% |
| Other amounts payable | 47/48 | €41,028 | €45,938 | +€4,909 | +12.0% |
| Accrued charges and deferred income | 492/3 | €5,121 | €2,375 | -€2,746 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,149 | €17,872 | +€5,723 | +47.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €515 | €0 | -€515 | -100% |
| Other operating charges | 640/8 | €4,356 | €3,404 | -€952 | -21.9% |
| Gross operating margin | 9900 | €181,915 | €161,289 | -€20,625 | -11.3% |
| Operating profit (loss) | 9901 | €164,893 | €140,013 | -€24,881 | -15.1% |
| Financial income | 75/76B | €22,376 | €17,359 | -€5,017 | -22.4% |
| Recurring financial income | 75 | €22,376 | €17,359 | -€5,017 | -22.4% |
| Financial charges | 65/66B | €111 | €123 | +€13 | +11.4% |
| Recurring financial charges | 65 | €111 | €123 | +€13 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €187,159 | €157,249 | -€29,910 | -16.0% |
| Income taxes | 67/77 | €60,865 | €51,372 | -€9,493 | -15.6% |
| Profit (loss) for the period | 9904 | €126,294 | €105,877 | -€20,417 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €126,294 | €105,877 | -€20,417 | -16.2% |
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 15 October 2026 via checked.be.