DRGH: 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.
DRGH
Largest movements
- Cash -€199,481
down €199,481 (-64.9%), from €307,407 to €107,926
mainly Contributions, distributions and other (-€710,647) and Tax, wage and social debts (-€18,937)
- Deferred charges and accrued income -€67,444
down €67,444 (-19.2%), from €350,377 to €282,933
- Tangible fixed assets -€50,365
down €50,365 (-47.5%), from €105,990 to €55,625
of which Furniture and vehicles: -€31,695
- Intangible fixed assets -€42,879
down €42,879 (-40.0%), from €107,138 to €64,258
- Receivables within one year +€16,569
up €16,569 (+165.7%), from €10,000 to €26,569
- Reserves -€352,968
down €352,968 (-49.6%), from €711,444 to €358,476
- Provisions +€22,858
up €22,858 (+20.1%), from €113,446 to €136,304
- Tax, wage and social debts -€18,937
down €18,937 (-63.9%), from €29,617 to €10,680
of which Taxes: -€18,937
- Trade debts -€12,595
down €12,595 (-81.6%), from €15,437 to €2,842
- Current portion of long-term debt +€11,785
new in 2025: €11,785
- Financial charges +€124,637
up €124,637 (+6516.6%), from €1,913 to €126,549
- Provisions -€90,588
down €90,588 (-79.9%), from €113,446 to €22,858
- Taxes -€34,517
down €34,517 (-21.9%), from €157,966 to €123,449
- Gross operating margin -€17,676
down €17,676 (-2.4%), from €735,194 to €717,517
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 | €890,155 | €541,032 | -€349,123 | -39.2% |
| Fixed assets | 21/28 | €217,778 | €123,603 | -€94,174 | -43.2% |
| Intangible fixed assets | 21 | €107,138 | €64,258 | -€42,879 | -40.0% |
| Tangible fixed assets | 22/27 | €105,990 | €55,625 | -€50,365 | -47.5% |
| Plant, machinery and equipment | 23 | €31,893 | €13,223 | -€18,670 | -58.5% |
| Furniture and vehicles | 24 | €74,097 | €42,402 | -€31,695 | -42.8% |
| Financial fixed assets | 28 | €4,650 | €3,720 | -€930 | -20.0% |
| Current assets | 29/58 | €672,377 | €417,429 | -€254,949 | -37.9% |
| Stocks and contracts in progress | 3 | €4,593 | - | -€4,593 | |
| Stocks | 30/36 | €4,593 | - | -€4,593 | |
| Amounts receivable within one year | 40/41 | €10,000 | €26,569 | +€16,569 | +165.7% |
| Other amounts receivable | 41 | €10,000 | €26,569 | +€16,569 | +165.7% |
| Cash at bank and in hand | 54/58 | €307,407 | €107,926 | -€199,481 | -64.9% |
| Deferred charges and accrued income | 490/1 | €350,377 | €282,933 | -€67,444 | -19.2% |
| Total equity and liabilities | 10/49 | €890,155 | €541,032 | -€349,123 | -39.2% |
| Equity | 10/15 | €730,044 | €377,076 | -€352,968 | -48.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €711,444 | €358,476 | -€352,968 | -49.6% |
| Distributable reserves | 133 | €711,444 | €358,476 | -€352,968 | -49.6% |
| Provisions and deferred taxes | 16 | €113,446 | €136,304 | +€22,858 | +20.1% |
| Provisions for liabilities and charges | 160/5 | €113,446 | €136,304 | +€22,858 | +20.1% |
| Other liabilities and charges | 164/5 | €113,446 | €136,304 | +€22,858 | +20.1% |
| Amounts payable | 17/49 | €46,665 | €27,652 | -€19,013 | -40.7% |
| Amounts payable within one year | 42/48 | €46,665 | €27,652 | -€19,013 | -40.7% |
| Current portion of amounts payable after more than one year | 42 | - | €11,785 | +€11,785 | |
| Trade debts | 44 | €15,437 | €2,842 | -€12,595 | -81.6% |
| Suppliers | 440/4 | €15,437 | €2,842 | -€12,595 | -81.6% |
| Taxes, remuneration and social security | 45 | €29,617 | €10,680 | -€18,937 | -63.9% |
| Taxes | 450/3 | €23,617 | €4,680 | -€18,937 | -80.2% |
| Remuneration and social security | 454/9 | €6,000 | €6,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,611 | €2,345 | +€734 | +45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,609 | €83,728 | -€6,881 | -7.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €113,446 | €22,858 | -€90,588 | -79.9% |
| Other operating charges | 640/8 | €2,523 | €3,253 | +€730 | +28.9% |
| Gross operating margin | 9900 | €735,194 | €717,517 | -€17,676 | -2.4% |
| Operating profit (loss) | 9901 | €528,615 | €607,678 | +€79,063 | +15.0% |
| Financial income | 75/76B | €526 | - | -€526 | |
| Recurring financial income | 75 | €526 | - | -€526 | |
| Financial charges | 65/66B | €1,913 | €126,549 | +€124,637 | +6516.6% |
| Recurring financial charges | 65 | €1,913 | €126,549 | +€124,637 | +6516.6% |
| Profit (loss) for the period before taxes | 9903 | €527,228 | €481,128 | -€46,100 | -8.7% |
| Income taxes | 67/77 | €157,966 | €123,449 | -€34,517 | -21.9% |
| Profit (loss) for the period | 9904 | €369,262 | €357,679 | -€11,583 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €369,262 | €357,679 | -€11,583 | -3.1% |
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 9 October 2026 via checked.be.