DRIE FONTEINEN: 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.
DRIE FONTEINEN
Largest movements
- Receivables after one year +€35,000
up €35,000 (+15.9%), from €220,000 to €255,000
- Tangible fixed assets -€33,312
down €33,312 (-7.9%), from €423,469 to €390,157
of which Land and buildings: -€38,105
- Revaluation surpluses +€31,326
up €31,326 (+9.0%), from €348,339 to €379,665
- Reserves -€31,326
down €31,326 (-7.1%), from €444,137 to €412,811
of which Distributable reserves: -€31,326
- Debts after one year +€14,799
up €14,799 (+8.7%), from €170,970 to €185,770
of which Financial debts: +€14,799
- Tax, wage and social debts -€8,157
no longer reported in 2025 (was €8,157)
- Taxes -€13,245
down €13,245 (-97.5%), from €13,585 to €340
- Gross operating margin +€13,127
up €13,127 (+36.5%), from €35,993 to €49,120
- Financial charges -€962
down €962 (-15.6%), from €6,164 to €5,202
- Financial income -€653
down €653 (-6.3%), from €10,336 to €9,683
- Depreciation +€529
up €529 (+1.4%), from €38,734 to €39,262
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €696,255 | €698,551 | +€2,296 | +0.3% |
| Fixed assets | 21/28 | €425,345 | €392,033 | -€33,312 | -7.8% |
| Tangible fixed assets | 22/27 | €423,469 | €390,157 | -€33,312 | -7.9% |
| Land and buildings | 22 | €423,469 | €385,363 | -€38,105 | -9.0% |
| Furniture and vehicles | 24 | - | €4,793 | +€4,793 | |
| Financial fixed assets | 28 | €1,876 | €1,876 | = | 0.0% |
| Current assets | 29/58 | €270,911 | €306,518 | +€35,608 | +13.1% |
| Amounts receivable after more than one year | 29 | €220,000 | €255,000 | +€35,000 | +15.9% |
| Other amounts receivable | 291 | €220,000 | €255,000 | +€35,000 | +15.9% |
| Amounts receivable within one year | 40/41 | €39,826 | €33,603 | -€6,223 | -15.6% |
| Trade receivables | 40 | - | €6,400 | +€6,400 | |
| Other amounts receivable | 41 | €39,826 | €27,203 | -€12,623 | -31.7% |
| Cash at bank and in hand | 54/58 | €328 | €3,064 | +€2,736 | +833% |
| Deferred charges and accrued income | 490/1 | €10,756 | €14,851 | +€4,095 | +38.1% |
| Total equity and liabilities | 10/49 | €696,255 | €698,551 | +€2,296 | +0.3% |
| Equity | 10/15 | €482,282 | €486,489 | +€4,207 | +0.9% |
| Contributions | 10/11 | €55,776 | €55,776 | = | 0.0% |
| Contributions outside capital | 11 | €55,776 | €55,776 | = | 0.0% |
| Other | 1109/19 | €55,776 | €55,776 | = | 0.0% |
| Revaluation surpluses | 12 | €348,339 | €379,665 | +€31,326 | +9.0% |
| Reserves | 13 | €444,137 | €412,811 | -€31,326 | -7.1% |
| Non-distributable reserves | 130/1 | €5,578 | €5,578 | = | 0.0% |
| Legal reserve | 130 | €5,578 | €5,578 | = | 0.0% |
| Distributable reserves | 133 | €438,559 | €407,233 | -€31,326 | -7.1% |
| Profit (loss) carried forward | 14 | -€365,970 | -€361,763 | +€4,207 | +1.1% |
| Amounts payable | 17/49 | €213,974 | €212,062 | -€1,912 | -0.9% |
| Amounts payable after more than one year | 17 | €170,970 | €185,770 | +€14,799 | +8.7% |
| Financial debts | 170/4 | €168,913 | €183,712 | +€14,799 | +8.8% |
| Other amounts payable | 178/9 | €2,058 | €2,058 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,003 | €25,549 | -€17,455 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €18,751 | €19,701 | +€950 | +5.1% |
| Trade debts | 44 | €7,399 | €982 | -€6,417 | -86.7% |
| Suppliers | 440/4 | €7,399 | €982 | -€6,417 | -86.7% |
| Taxes, remuneration and social security | 45 | €8,157 | - | -€8,157 | |
| Taxes | 450/3 | €8,157 | - | -€8,157 | |
| Other amounts payable | 47/48 | €8,696 | €4,866 | -€3,830 | -44.0% |
| Accrued charges and deferred income | 492/3 | - | €744 | +€744 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,734 | €39,262 | +€529 | +1.4% |
| Other operating charges | 640/8 | €9,490 | €9,791 | +€301 | +3.2% |
| Gross operating margin | 9900 | €35,993 | €49,120 | +€13,127 | +36.5% |
| Operating profit (loss) | 9901 | -€12,231 | €67 | +€12,297 | |
| Financial income | 75/76B | €10,336 | €9,683 | -€653 | -6.3% |
| Recurring financial income | 75 | €10,336 | €9,683 | -€653 | -6.3% |
| Financial charges | 65/66B | €6,164 | €5,202 | -€962 | -15.6% |
| Recurring financial charges | 65 | €6,164 | €5,202 | -€962 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,059 | €4,547 | +€12,606 | |
| Income taxes | 67/77 | €13,585 | €340 | -€13,245 | -97.5% |
| Profit (loss) for the period | 9904 | -€21,644 | €4,207 | +€25,851 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,644 | €4,207 | +€25,851 |
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 16 October 2026 via checked.be.