DREVE DU DUC 58: 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.
What changed
DREVE DU DUC 58
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,125
2024 · -€3,466+€10,591
Equity
€4.7m
2024 · €4.7m+€7,125
Cash
€230,184
2024 · €939,754-€709,570
Balance sheet total
€5.0m
2024 · €5.7m-€724,570
Largest movements
Assets
- Cash -€709,570
down €709,570 (-75.5%), from €939,754 to €230,184
mainly Trade debts (-€656,527) and Other debts (-€61,550)
Equity and liabilities
- Trade debts -€656,527
down €656,527 (-92.0%), from €713,348 to €56,821
- Other debts -€61,550
down €61,550 (-100.0%), from €61,550 to €0
Income statement
- Gross operating margin +€13,816
up €13,816 (+46.9%), from €29,457 to €43,273
- Financial income -€4,407
down €4,407 (-12.4%), from €35,414 to €31,007
- Taxes +€2,727
up €2,727 (+84.3%), from €3,234 to €5,961
- Financial charges -€2,601
down €2,601 (-21.6%), from €12,032 to €9,431
- Depreciation -€1,189
down €1,189 (-2.5%), from €46,966 to €45,777
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.
Result 2024
-€3,466
Gross operating margin
+€13,816
Depreciation
+€1,189
Other operating charges
+€118
Financial income
-€4,407
Financial charges
+€2,601
Taxes
-€2,727
Result 2025
€7,125
raises the resultlowers the result
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.
From operations
-€686,873
Investment
-€4,611
Financing
-€18,086
Cash 2024
€939,754
From operations (derived)
-€686,873
Net result for the year
+€7,125
Depreciation
+€45,777
Receivables after one year
-€25,154
Smaller working-capital items
-€1,066
Trade debts
-€656,527
Tax, wage and social debts
+€4,522
Other debts
-€61,550
Investment (derived)
-€4,611
Investment in fixed assets (net)
-€4,611
Financing
-€18,086
Debts after one year
-€18,763
Current portion of long-term debt
+€678
Cash 2025
€230,184
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,746,079 | €5,021,509 | -€724,570 | -12.6% |
| Fixed assets | 21/28 | €1,535,177 | €1,494,010 | -€41,166 | -2.7% |
| Tangible fixed assets | 22/27 | €1,446,165 | €1,404,998 | -€41,166 | -2.8% |
| Land and buildings | 22 | €1,380,751 | €1,348,127 | -€32,624 | -2.4% |
| Furniture and vehicles | 24 | €15,362 | €12,093 | -€3,268 | -21.3% |
| Other tangible fixed assets | 26 | €50,052 | €44,778 | -€5,274 | -10.5% |
| Financial fixed assets | 28 | €89,012 | €89,012 | = | 0.0% |
| Current assets | 29/58 | €4,210,902 | €3,527,499 | -€683,403 | -16.2% |
| Amounts receivable after more than one year | 29 | €2,451,223 | €2,476,377 | +€25,154 | +1.0% |
| Other amounts receivable | 291 | €2,451,223 | €2,476,377 | +€25,154 | +1.0% |
| Amounts receivable within one year | 40/41 | €800,000 | €800,000 | = | 0.0% |
| Other amounts receivable | 41 | €800,000 | €800,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €939,754 | €230,184 | -€709,570 | -75.5% |
| Deferred charges and accrued income | 490/1 | €19,925 | €20,938 | +€1,013 | +5.1% |
| Total equity and liabilities | 10/49 | €5,746,079 | €5,021,509 | -€724,570 | -12.6% |
| Equity | 10/15 | €4,677,374 | €4,684,499 | +€7,125 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,610 | €26,610 | +€7,000 | +35.7% |
| Non-distributable reserves | 130/1 | €860 | €860 | = | 0.0% |
| Legal reserve | 130 | €860 | €860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | - | €7,000 | +€7,000 | |
| Profit (loss) carried forward | 14 | €4,651,564 | €4,651,689 | +€125 | 0.0% |
| Provisions and deferred taxes | 16 | €31,000 | €31,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €31,000 | €31,000 | = | 0.0% |
| Environmental obligations | 163 | €31,000 | €31,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,037,704 | €306,010 | -€731,695 | -70.5% |
| Amounts payable after more than one year | 17 | €217,492 | €198,729 | -€18,763 | -8.6% |
| Financial debts | 170/4 | €217,492 | €198,729 | -€18,763 | -8.6% |
| Amounts payable within one year | 42/48 | €817,018 | €104,139 | -€712,878 | -87.3% |
| Current portion of amounts payable after more than one year | 42 | €19,621 | €20,298 | +€678 | +3.5% |
| Trade debts | 44 | €713,348 | €56,821 | -€656,527 | -92.0% |
| Suppliers | 440/4 | €713,348 | €56,821 | -€656,527 | -92.0% |
| Taxes, remuneration and social security | 45 | €22,498 | €27,020 | +€4,522 | +20.1% |
| Taxes | 450/3 | €22,498 | €27,020 | +€4,522 | +20.1% |
| Other amounts payable | 47/48 | €61,550 | €0 | -€61,550 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,194 | €3,141 | -€53 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,966 | €45,777 | -€1,189 | -2.5% |
| Other operating charges | 640/8 | €6,105 | €5,986 | -€118 | -1.9% |
| Gross operating margin | 9900 | €29,457 | €43,273 | +€13,816 | +46.9% |
| Operating profit (loss) | 9901 | -€23,613 | -€8,491 | +€15,123 | +64.0% |
| Financial income | 75/76B | €35,414 | €31,007 | -€4,407 | -12.4% |
| Recurring financial income | 75 | €35,414 | €31,007 | -€4,407 | -12.4% |
| Financial charges | 65/66B | €12,032 | €9,431 | -€2,601 | -21.6% |
| Recurring financial charges | 65 | €12,032 | €9,431 | -€2,601 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€232 | €13,086 | +€13,317 | |
| Income taxes | 67/77 | €3,234 | €5,961 | +€2,727 | +84.3% |
| Profit (loss) for the period | 9904 | -€3,466 | €7,125 | +€10,591 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,466 | €7,125 | +€10,591 |
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 28 October 2026 via checked.be.