DRF CONSTRUCT: 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.
DRF CONSTRUCT
Largest movements
- Tangible fixed assets +€59,557
up €59,557 (+505.6%), from €11,779 to €71,336
of which Furniture and vehicles: +€59,950
- Receivables within one year +€47,522
up €47,522 (+101.1%), from €46,994 to €94,516
of which Trade receivables: +€43,310
- Cash +€8,070
up €8,070 (+39.9%), from €20,237 to €28,307
- Profit (loss) carried forward +€50,828
up €50,828 (+238.6%), from €21,304 to €72,132
- Debts after one year +€45,028
up €45,028 (+537.1%), from €8,383 to €53,411
- Current portion of long-term debt +€15,639
up €15,639 (+282.2%), from €5,542 to €21,181
- Tax, wage and social debts +€8,556
up €8,556 (+123.4%), from €6,936 to €15,492
of which Remuneration and social security: +€5,498
- Trade debts -€5,402
down €5,402 (-17.9%), from €30,145 to €24,743
- Gross operating margin +€49,789
up €49,789 (+231.2%), from €21,538 to €71,327
- Depreciation +€20,587
up €20,587 (+371.9%), from €5,536 to €26,123
- Taxes +€6,633
up €6,633 (+232.3%), from €2,855 to €9,488
- Financial charges +€6,018
up €6,018 (+2865.7%), from €210 to €6,228
- Other operating charges +€2,133
up €2,133 (+330.7%), from €645 to €2,778
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,010 | €194,159 | +€115,149 | +145.7% |
| Fixed assets | 21/28 | €11,779 | €71,336 | +€59,557 | +505.6% |
| Tangible fixed assets | 22/27 | €11,779 | €71,336 | +€59,557 | +505.6% |
| Plant, machinery and equipment | 23 | €543 | €150 | -€393 | -72.4% |
| Furniture and vehicles | 24 | €11,236 | €71,186 | +€59,950 | +533.6% |
| Current assets | 29/58 | €67,231 | €122,823 | +€55,592 | +82.7% |
| Amounts receivable within one year | 40/41 | €46,994 | €94,516 | +€47,522 | +101.1% |
| Trade receivables | 40 | €37,696 | €81,006 | +€43,310 | +114.9% |
| Other amounts receivable | 41 | €9,298 | €13,510 | +€4,212 | +45.3% |
| Cash at bank and in hand | 54/58 | €20,237 | €28,307 | +€8,070 | +39.9% |
| Total equity and liabilities | 10/49 | €79,010 | €194,159 | +€115,149 | +145.7% |
| Equity | 10/15 | €23,504 | €74,332 | +€50,828 | +216.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Outside capital | 11 | - | €2,000 | +€2,000 | |
| Other | 1109/19 | - | €2,000 | +€2,000 | |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,304 | €72,132 | +€50,828 | +238.6% |
| Amounts payable | 17/49 | €55,506 | €119,827 | +€64,321 | +115.9% |
| Amounts payable after more than one year | 17 | €8,383 | €53,411 | +€45,028 | +537.1% |
| Financial debts | 170/4 | €8,383 | €53,411 | +€45,028 | +537.1% |
| Amounts payable within one year | 42/48 | €47,123 | €66,416 | +€19,293 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €5,542 | €21,181 | +€15,639 | +282.2% |
| Trade debts | 44 | €30,145 | €24,743 | -€5,402 | -17.9% |
| Suppliers | 440/4 | €30,145 | €24,743 | -€5,402 | -17.9% |
| Taxes, remuneration and social security | 45 | €6,936 | €15,492 | +€8,556 | +123.4% |
| Taxes | 450/3 | €6,936 | €9,994 | +€3,058 | +44.1% |
| Remuneration and social security | 454/9 | - | €5,498 | +€5,498 | |
| Other amounts payable | 47/48 | €4,500 | €5,000 | +€500 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,536 | €26,123 | +€20,587 | +371.9% |
| Other operating charges | 640/8 | €645 | €2,778 | +€2,133 | +330.7% |
| Gross operating margin | 9900 | €21,538 | €71,327 | +€49,789 | +231.2% |
| Operating profit (loss) | 9901 | €15,357 | €42,426 | +€27,069 | +176.3% |
| Financial income | 75/76B | €531 | €530 | -€1 | -0.2% |
| Recurring financial income | 75 | €531 | €530 | -€1 | -0.2% |
| Financial charges | 65/66B | €210 | €6,228 | +€6,018 | +2865.7% |
| Recurring financial charges | 65 | €210 | €6,228 | +€6,018 | +2865.7% |
| Profit (loss) for the period before taxes | 9903 | €15,678 | €36,728 | +€21,050 | +134.3% |
| Income taxes | 67/77 | €2,855 | €9,488 | +€6,633 | +232.3% |
| Profit (loss) for the period | 9904 | €12,823 | €27,240 | +€14,417 | +112.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,823 | €27,240 | +€14,417 | +112.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.