DRESSEN: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
DRESSEN
Largest movements
- Tangible fixed assets -€26,791
down €26,791 (-26.3%), from €101,707 to €74,916
of which Plant, machinery and equipment: -€20,249
- Stocks and contracts +€18,981
up €18,981 (+60.1%), from €31,565 to €50,546
- Cash +€8,610
up €8,610 (+48.4%), from €17,779 to €26,390
mainly Depreciation (+€28,254) and Trade debts (+€18,870)
- Receivables within one year +€3,988
up €3,988 (+6.7%), from €59,216 to €63,204
of which Other amounts receivable: +€7,921
- Trade debts +€18,870
up €18,870 (+111%), from €16,936 to €35,805
- Debts after one year -€16,002
down €16,002 (-52.2%), from €30,671 to €14,669
- Advances received +€10,000
up €10,000, from €0 to €10,000
- Tax, wage and social debts -€9,814
down €9,814 (-50.6%), from €19,392 to €9,578
- Gross operating margin -€20,984
down €20,984 (-43.0%), from €48,830 to €27,846
- Taxes -€5,288
down €5,288 (-89.1%), from €5,933 to €645
- Financial income +€1,445
up €1,445 (+135%), from €1,073 to €2,518
- Other operating charges -€658
down €658 (-57.0%), from €1,154 to €497
- Financial charges -€584
down €584 (-29.0%), from €2,013 to €1,429
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,696 | €219,203 | +€1,506 | +0.7% |
| Fixed assets | 21/28 | €104,526 | €76,271 | -€28,254 | -27.0% |
| Intangible fixed assets | 21 | €2,818 | €1,355 | -€1,463 | -51.9% |
| Tangible fixed assets | 22/27 | €101,707 | €74,916 | -€26,791 | -26.3% |
| Plant, machinery and equipment | 23 | €56,480 | €36,230 | -€20,249 | -35.9% |
| Furniture and vehicles | 24 | €189 | €122 | -€67 | -35.4% |
| Other tangible fixed assets | 26 | €45,038 | €38,564 | -€6,475 | -14.4% |
| Current assets | 29/58 | €113,171 | €142,931 | +€29,760 | +26.3% |
| Stocks and contracts in progress | 3 | €31,565 | €50,546 | +€18,981 | +60.1% |
| Stocks | 30/36 | €31,565 | €50,546 | +€18,981 | +60.1% |
| Amounts receivable within one year | 40/41 | €59,216 | €63,204 | +€3,988 | +6.7% |
| Trade receivables | 40 | €36,435 | €32,502 | -€3,933 | -10.8% |
| Other amounts receivable | 41 | €22,780 | €30,702 | +€7,921 | +34.8% |
| Current investments | 50/53 | €297 | €297 | +€0 | +0.1% |
| Cash at bank and in hand | 54/58 | €17,779 | €26,390 | +€8,610 | +48.4% |
| Deferred charges and accrued income | 490/1 | €4,314 | €2,494 | -€1,820 | -42.2% |
| Total equity and liabilities | 10/49 | €217,696 | €219,203 | +€1,506 | +0.7% |
| Equity | 10/15 | €133,570 | €133,035 | -€535 | -0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €111,156 | €111,156 | = | 0.0% |
| Tax-exempt reserves | 132 | €356 | €356 | = | 0.0% |
| Distributable reserves | 133 | €110,800 | €110,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,296 | €1,835 | -€461 | -20.1% |
| Investment grants | 15 | €118 | €44 | -€74 | -62.8% |
| Amounts payable | 17/49 | €84,126 | €86,167 | +€2,041 | +2.4% |
| Amounts payable after more than one year | 17 | €30,671 | €14,669 | -€16,002 | -52.2% |
| Financial debts | 170/4 | €30,671 | €14,669 | -€16,002 | -52.2% |
| Amounts payable within one year | 42/48 | €52,363 | €71,386 | +€19,024 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €16,002 | €16,002 | = | 0.0% |
| Trade debts | 44 | €16,936 | €35,805 | +€18,870 | +111% |
| Suppliers | 440/4 | €16,936 | €35,805 | +€18,870 | +111% |
| Advances received on contracts in progress | 46 | €0 | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €19,392 | €9,578 | -€9,814 | -50.6% |
| Taxes | 450/3 | €19,392 | €9,578 | -€9,814 | -50.6% |
| Other amounts payable | 47/48 | €32 | €0 | -€32 | -100% |
| Accrued charges and deferred income | 492/3 | €1,092 | €112 | -€980 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,418 | €28,254 | -€163 | -0.6% |
| Other operating charges | 640/8 | €1,154 | €497 | -€658 | -57.0% |
| Gross operating margin | 9900 | €48,830 | €27,846 | -€20,984 | -43.0% |
| Operating profit (loss) | 9901 | €19,258 | -€905 | -€20,163 | |
| Financial income | 75/76B | €1,073 | €2,518 | +€1,445 | +135% |
| Recurring financial income | 75 | €1,073 | €2,518 | +€1,445 | +135% |
| Financial charges | 65/66B | €2,013 | €1,429 | -€584 | -29.0% |
| Recurring financial charges | 65 | €2,013 | €1,429 | -€584 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €18,318 | €185 | -€18,133 | -99.0% |
| Income taxes | 67/77 | €5,933 | €645 | -€5,288 | -89.1% |
| Profit (loss) for the period | 9904 | €12,385 | -€461 | -€12,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,385 | -€461 | -€12,845 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.