DRG MANAGEMENT: 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.
DRG MANAGEMENT
Largest movements
- Receivables within one year -€28,391
down €28,391 (-27.9%), from €101,917 to €73,526
of which Trade receivables: -€41,425
- Tangible fixed assets -€19,424
down €19,424 (-10.4%), from €186,162 to €166,738
of which Land and buildings: -€19,011
- Cash +€19,158
up €19,158 (+39.7%), from €48,279 to €67,437
mainly Receivables within one year (+€28,391) and Depreciation (+€19,424)
- Debts after one year -€16,738
down €16,738 (-8.9%), from €188,678 to €171,940
of which Trade debts: -€12,563
- Tax, wage and social debts -€15,033
down €15,033 (-53.0%), from €28,386 to €13,354
- Other debts +€14,310
new in 2025: €14,310
- Provisions -€11,354
down €11,354 (-6.6%), from €171,326 to €159,972
- Gross operating margin -€47,031
down €47,031 (-44.7%), from €105,215 to €58,185
- Taxes -€12,848
down €12,848 (-67.9%), from €18,912 to €6,063
- Financial charges -€1,743
down €1,743 (-12.1%), from €14,424 to €12,681
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
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 | €617,556 | €588,924 | -€28,632 | -4.6% |
| Fixed assets | 21/28 | €463,585 | €444,161 | -€19,424 | -4.2% |
| Tangible fixed assets | 22/27 | €186,162 | €166,738 | -€19,424 | -10.4% |
| Land and buildings | 22 | €184,327 | €165,316 | -€19,011 | -10.3% |
| Plant, machinery and equipment | 23 | €1,835 | €1,422 | -€413 | -22.5% |
| Financial fixed assets | 28 | €277,423 | €277,423 | = | 0.0% |
| Current assets | 29/58 | €153,972 | €144,763 | -€9,208 | -6.0% |
| Amounts receivable within one year | 40/41 | €101,917 | €73,526 | -€28,391 | -27.9% |
| Trade receivables | 40 | €81,925 | €40,500 | -€41,425 | -50.6% |
| Other amounts receivable | 41 | €19,992 | €33,026 | +€13,034 | +65.2% |
| Cash at bank and in hand | 54/58 | €48,279 | €67,437 | +€19,158 | +39.7% |
| Deferred charges and accrued income | 490/1 | €3,776 | €3,801 | +€24 | +0.6% |
| Total equity and liabilities | 10/49 | €617,556 | €588,924 | -€28,632 | -4.6% |
| Equity | 10/15 | €207,744 | €212,610 | +€4,866 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €189,144 | €194,010 | +€4,866 | +2.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €189,144 | €194,010 | +€4,866 | +2.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €171,326 | €159,972 | -€11,354 | -6.6% |
| Provisions for liabilities and charges | 160/5 | €171,326 | €159,972 | -€11,354 | -6.6% |
| Environmental obligations | 163 | €171,326 | €159,972 | -€11,354 | -6.6% |
| Amounts payable | 17/49 | €238,486 | €216,342 | -€22,144 | -9.3% |
| Amounts payable after more than one year | 17 | €188,678 | €171,940 | -€16,738 | -8.9% |
| Financial debts | 170/4 | €47,061 | €42,886 | -€4,175 | -8.9% |
| Trade debts | 175 | €141,618 | €129,054 | -€12,563 | -8.9% |
| Amounts payable within one year | 42/48 | €49,808 | €44,401 | -€5,406 | -10.9% |
| Financial debts | 43 | €21,422 | €16,738 | -€4,684 | -21.9% |
| Credit institutions | 430/8 | €21,422 | €16,738 | -€4,684 | -21.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €28,386 | €13,354 | -€15,033 | -53.0% |
| Taxes | 450/3 | €28,386 | €13,354 | -€15,033 | -53.0% |
| Other amounts payable | 47/48 | - | €14,310 | +€14,310 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,051 | €19,424 | +€373 | +2.0% |
| Other operating charges | 640/8 | €2,406 | €2,474 | +€69 | +2.9% |
| Non-recurring operating charges | 66A | €1,101 | €0 | -€1,101 | -100.0% |
| Gross operating margin | 9900 | €105,215 | €58,185 | -€47,031 | -44.7% |
| Operating profit (loss) | 9901 | €82,657 | €36,286 | -€46,371 | -56.1% |
| Financial income | 75/76B | €1,109 | €1,633 | +€524 | +47.3% |
| Recurring financial income | 75 | €1,109 | €1,633 | +€524 | +47.3% |
| Financial charges | 65/66B | €14,424 | €12,681 | -€1,743 | -12.1% |
| Recurring financial charges | 65 | €14,424 | €12,681 | -€1,743 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €69,343 | €25,239 | -€44,104 | -63.6% |
| Income taxes | 67/77 | €18,912 | €6,063 | -€12,848 | -67.9% |
| Profit (loss) for the period | 9904 | €50,431 | €19,176 | -€31,255 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,431 | €19,176 | -€31,255 | -62.0% |
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 10 October 2026 via checked.be.