DRI - INVEST: 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
DRI - INVEST
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €56,083+€2.0m
Equity
€12.9m
2024 · €10.9m+€2.0m
Cash
€190,817
2024 · €221,386-€30,569
Balance sheet total
€13.0m
2024 · €11.0m+€2.0m
Largest movements
Assets
- Financial fixed assets +€2.0m
up €2.0m (+20.5%), from €9.8m to €11.8m
Equity and liabilities
- Reserves +€2.0m
up €2.0m (+18.7%), from €10.8m to €12.8m
of which Distributable reserves: +€2.0m
Income statement
- Financial income +€2.0m
up €2.0m (+18,939%), from €10,564 to €2.0m
- Staff costs +€73,258
up €73,258 (+12.2%), from €598,102 to €671,360
- Turnover +€43,000
up €43,000 (+5.4%), from €793,000 to €836,000
- Services and other goods +€19,835
up €19,835 (+15.7%), from €126,740 to €146,575
- Taxes -€11,533
down €11,533 (-56.0%), from €20,584 to €9,052
of which Taxes: -€11,548
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
€56,083
Turnover
+€43,000
Other operating income
-€114
Services and other goods
-€19,835
Staff costs
-€73,258
Other operating charges
-€33
Financial income
+€2.0m
Financial charges
-€48
Taxes
+€11,533
Result 2025
€2.0m
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
+€2.0m
Investment
-€2.0m
Financing
€0
Cash 2024
€221,386
From operations (derived)
+€2.0m
Net result for the year
+€2.0m
Receivables within one year
-€14,688
Smaller working-capital items
+€6,425
Other debts
-€40,471
Investment (derived)
-€2.0m
Investment in fixed assets (net)
-€2.0m
Cash 2025
€190,817
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,012,333 | €12,993,338 | +€2.0m | +18.0% |
| Fixed assets | 21/28 | €9,772,142 | €11,772,142 | +€2.0m | +20.5% |
| Financial fixed assets | 28 | €9,772,142 | €11,772,142 | +€2.0m | +20.5% |
| Affiliated companies | 280/1 | €9,772,142 | €11,772,142 | +€2.0m | +20.5% |
| Participating interests | 280 | €9,772,142 | €11,772,142 | +€2.0m | +20.5% |
| Current assets | 29/58 | €1,240,191 | €1,221,196 | -€18,995 | -1.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,015,691 | €1,030,379 | +€14,688 | +1.4% |
| Trade receivables | 40 | €188,000 | €231,000 | +€43,000 | +22.9% |
| Other amounts receivable | 41 | €827,691 | €799,379 | -€28,312 | -3.4% |
| Cash at bank and in hand | 54/58 | €221,386 | €190,817 | -€30,569 | -13.8% |
| Deferred charges and accrued income | 490/1 | €3,115 | €0 | -€3,115 | -100% |
| Total equity and liabilities | 10/49 | €11,012,333 | €12,993,338 | +€2.0m | +18.0% |
| Equity | 10/15 | €10,890,336 | €12,908,502 | +€2.0m | +18.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €10,815,336 | €12,833,502 | +€2.0m | +18.7% |
| Non-distributable reserves | 130/1 | €104,100 | €104,100 | = | 0.0% |
| Legal reserve | 130 | €104,100 | €104,100 | = | 0.0% |
| Distributable reserves | 133 | €10,711,236 | €12,729,402 | +€2.0m | +18.8% |
| Amounts payable | 17/49 | €121,998 | €84,837 | -€37,161 | -30.5% |
| Amounts payable within one year | 42/48 | €121,998 | €84,837 | -€37,161 | -30.5% |
| Trade debts | 44 | €6,089 | €8,147 | +€2,058 | +33.8% |
| Suppliers | 440/4 | €6,089 | €8,147 | +€2,058 | +33.8% |
| Taxes, remuneration and social security | 45 | €62,377 | €63,629 | +€1,252 | +2.0% |
| Taxes | 450/3 | €600 | €0 | -€600 | -100% |
| Remuneration and social security | 454/9 | €61,777 | €63,629 | +€1,852 | +3.0% |
| Other amounts payable | 47/48 | €53,531 | €13,061 | -€40,471 | -75.6% |
| Operating income | 70/76A | €793,338 | €836,224 | +€42,886 | +5.4% |
| Turnover | 70 | €793,000 | €836,000 | +€43,000 | +5.4% |
| Other operating income | 74 | €338 | €224 | -€114 | -33.7% |
| Operating charges | 60/66A | €725,935 | €819,062 | +€93,126 | +12.8% |
| Services and other goods | 61 | €126,740 | €146,575 | +€19,835 | +15.7% |
| Remuneration, social security and pensions | 62 | €598,102 | €671,360 | +€73,258 | +12.2% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Operating profit (loss) | 9901 | €67,403 | €17,163 | -€50,240 | -74.5% |
| Financial income | 75/76B | €10,564 | €2,011,402 | +€2.0m | +18,939% |
| Recurring financial income | 75 | €10,564 | €2,011,402 | +€2.0m | +18,939% |
| Income from financial fixed assets | 750 | - | €2,000,000 | +€2.0m | |
| Income from current assets | 751 | €10,564 | €11,402 | +€838 | +7.9% |
| Financial charges | 65/66B | €1,300 | €1,348 | +€48 | +3.7% |
| Recurring financial charges | 65 | €1,300 | €1,348 | +€48 | +3.7% |
| Debt charges | 650 | €1,272 | €1,319 | +€46 | +3.7% |
| Other financial charges | 652/9 | €28 | €29 | +€1 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €76,667 | €2,027,217 | +€2.0m | +2,544% |
| Income taxes | 67/77 | €20,584 | €9,052 | -€11,533 | -56.0% |
| Taxes | 670/3 | €20,600 | €9,052 | -€11,548 | -56.1% |
| Tax adjustments and reversals of tax provisions | 77 | €16 | €0 | -€16 | -100% |
| Profit (loss) for the period | 9904 | €56,083 | €2,018,166 | +€2.0m | +3,499% |
| Profit (loss) for the period to be appropriated | 9905 | €56,083 | €2,018,166 | +€2.0m | +3,499% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.