DREWEX: 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.
DREWEX
Largest movements
- Receivables within one year +€12,093
up €12,093 (+2.6%), from €467,302 to €479,395
of which Trade receivables: +€15,002
- Tangible fixed assets -€5,143
down €5,143 (-33.3%), from €15,432 to €10,289
of which Plant, machinery and equipment: -€5,141
- Tax, wage and social debts +€38,067
up €38,067 (+306.9%), from €12,403 to €50,471
of which Remuneration and social security: +€38,195
- Trade debts -€31,748
down €31,748 (-21.2%), from €149,929 to €118,181
- Other debts +€12,968
up €12,968 (+58.7%), from €22,080 to €35,048
- Current portion of long-term debt -€11,091
down €11,091 (-83.4%), from €13,304 to €2,214
- Staff costs +€15,609
up €15,609 (+43.5%), from €35,850 to €51,459
- Depreciation -€9,288
down €9,288 (-64.4%), from €14,429 to €5,141
- Gross operating margin +€5,261
up €5,261 (+9.5%), from €55,224 to €60,485
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €490,890 | €497,840 | +€6,950 | +1.4% |
| Fixed assets | 21/28 | €19,321 | €14,178 | -€5,143 | -26.6% |
| Tangible fixed assets | 22/27 | €15,432 | €10,289 | -€5,143 | -33.3% |
| Plant, machinery and equipment | 23 | €15,431 | €10,289 | -€5,141 | -33.3% |
| Furniture and vehicles | 24 | €1 | - | -€1 | |
| Financial fixed assets | 28 | €3,889 | €3,889 | = | 0.0% |
| Current assets | 29/58 | €471,569 | €483,662 | +€12,093 | +2.6% |
| Amounts receivable within one year | 40/41 | €467,302 | €479,395 | +€12,093 | +2.6% |
| Trade receivables | 40 | €126,126 | €141,129 | +€15,002 | +11.9% |
| Other amounts receivable | 41 | €341,176 | €338,266 | -€2,910 | -0.9% |
| Current investments | 50/53 | €4,267 | €4,267 | = | 0.0% |
| Total equity and liabilities | 10/49 | €490,890 | €497,840 | +€6,950 | +1.4% |
| Equity | 10/15 | €277,106 | €277,258 | +€152 | +0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,106 | €255,258 | +€152 | +0.1% |
| Amounts payable | 17/49 | €213,784 | €220,582 | +€6,798 | +3.2% |
| Amounts payable after more than one year | 17 | €1,442 | - | -€1,442 | |
| Financial debts | 170/4 | €1,442 | - | -€1,442 | |
| Amounts payable within one year | 42/48 | €212,342 | €220,582 | +€8,240 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €13,304 | €2,214 | -€11,091 | -83.4% |
| Financial debts | 43 | €14,625 | €14,669 | +€43 | +0.3% |
| Credit institutions | 430/8 | €14,625 | €14,669 | +€43 | +0.3% |
| Trade debts | 44 | €149,929 | €118,181 | -€31,748 | -21.2% |
| Suppliers | 440/4 | €149,929 | €118,181 | -€31,748 | -21.2% |
| Taxes, remuneration and social security | 45 | €12,403 | €50,471 | +€38,067 | +306.9% |
| Taxes | 450/3 | €2,005 | €1,877 | -€128 | -6.4% |
| Remuneration and social security | 454/9 | €10,398 | €48,594 | +€38,195 | +367.3% |
| Other amounts payable | 47/48 | €22,080 | €35,048 | +€12,968 | +58.7% |
| Remuneration, social security and pensions | 62 | €35,850 | €51,459 | +€15,609 | +43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,429 | €5,141 | -€9,288 | -64.4% |
| Other operating charges | 640/8 | €437 | €926 | +€489 | +111.7% |
| Gross operating margin | 9900 | €55,224 | €60,485 | +€5,261 | +9.5% |
| Operating profit (loss) | 9901 | €4,507 | €2,959 | -€1,548 | -34.4% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.6% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.6% |
| Financial charges | 65/66B | €3,360 | €2,769 | -€592 | -17.6% |
| Recurring financial charges | 65 | €3,360 | €2,769 | -€592 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €1,152 | €190 | -€962 | -83.5% |
| Income taxes | 67/77 | €230 | €38 | -€192 | -83.5% |
| Profit (loss) for the period | 9904 | €922 | €152 | -€769 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €922 | €152 | -€769 | -83.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.