DRIE STERREN: 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.
DRIE STERREN
Largest movements
- Tangible fixed assets -€18,774
down €18,774 (-24.3%), from €77,396 to €58,622
of which Furniture and vehicles: -€12,266
- Stocks and contracts +€14,180
up €14,180 (+45.9%), from €30,875 to €45,055
- Cash +€6,099
up €6,099 (+2.8%), from €221,459 to €227,558
mainly Depreciation (+€18,774) and Trade debts (+€11,084)
- Current portion of long-term debt -€17,408
no longer reported in 2025 (was €17,408)
- Trade debts +€11,084
up €11,084 (+34.0%), from €32,558 to €43,642
- Short-term financial debts +€5,725
new in 2025: €5,725
- Tax, wage and social debts +€4,305
up €4,305 (+14.5%), from €29,782 to €34,086
of which Remuneration and social security: +€5,793
- Turnover -€1.2m
no longer reported in 2025 (was €1.2m)
- Purchases and services -€1.0m
no longer reported in 2025 (was €1.0m)
- Gross operating margin -€34,528
down €34,528 (-20.4%), from €169,187 to €134,660
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 | €340,251 | €344,414 | +€4,164 | +1.2% |
| Fixed assets | 21/28 | €80,567 | €61,793 | -€18,774 | -23.3% |
| Tangible fixed assets | 22/27 | €77,396 | €58,622 | -€18,774 | -24.3% |
| Plant, machinery and equipment | 23 | €46,342 | €39,834 | -€6,509 | -14.0% |
| Furniture and vehicles | 24 | €31,053 | €18,788 | -€12,266 | -39.5% |
| Financial fixed assets | 28 | €3,172 | €3,172 | = | 0.0% |
| Current assets | 29/58 | €259,683 | €282,621 | +€22,938 | +8.8% |
| Stocks and contracts in progress | 3 | €30,875 | €45,055 | +€14,180 | +45.9% |
| Stocks | 30/36 | €30,875 | €45,055 | +€14,180 | +45.9% |
| Amounts receivable within one year | 40/41 | €7,350 | €10,008 | +€2,658 | +36.2% |
| Trade receivables | 40 | €2,122 | €2,122 | = | 0.0% |
| Other amounts receivable | 41 | €5,228 | €7,886 | +€2,658 | +50.9% |
| Cash at bank and in hand | 54/58 | €221,459 | €227,558 | +€6,099 | +2.8% |
| Total equity and liabilities | 10/49 | €340,251 | €344,414 | +€4,164 | +1.2% |
| Equity | 10/15 | €256,628 | €257,069 | +€441 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,383 | €65,383 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,995 | €56,995 | = | 0.0% |
| Distributable reserves | 133 | €6,528 | €6,528 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,645 | €173,086 | +€441 | +0.3% |
| Amounts payable | 17/49 | €83,622 | €87,345 | +€3,723 | +4.5% |
| Amounts payable within one year | 42/48 | €83,622 | €87,345 | +€3,723 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €17,408 | - | -€17,408 | |
| Financial debts | 43 | - | €5,725 | +€5,725 | |
| Credit institutions | 430/8 | - | €5,725 | +€5,725 | |
| Trade debts | 44 | €32,558 | €43,642 | +€11,084 | +34.0% |
| Suppliers | 440/4 | €32,558 | €43,642 | +€11,084 | +34.0% |
| Taxes, remuneration and social security | 45 | €29,782 | €34,086 | +€4,305 | +14.5% |
| Taxes | 450/3 | €1,488 | - | -€1,488 | |
| Remuneration and social security | 454/9 | €28,294 | €34,086 | +€5,793 | +20.5% |
| Other amounts payable | 47/48 | €3,875 | €3,892 | +€17 | +0.4% |
| Turnover | 70 | €1,171,978 | - | -€1.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,002,791 | - | -€1.0m | |
| Remuneration, social security and pensions | 62 | €98,230 | €102,263 | +€4,034 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,953 | €18,774 | -€3,179 | -14.5% |
| Other operating charges | 640/8 | €3,739 | €2,815 | -€925 | -24.7% |
| Gross operating margin | 9900 | €169,187 | €134,660 | -€34,528 | -20.4% |
| Operating profit (loss) | 9901 | €45,265 | €10,808 | -€34,458 | -76.1% |
| Financial income | 75/76B | €3,036 | €193 | -€2,843 | -93.6% |
| Recurring financial income | 75 | €183 | €193 | +€10 | +5.5% |
| Non-recurring financial income | 76B | €2,853 | - | -€2,853 | |
| Financial charges | 65/66B | €769 | €4,560 | +€3,791 | +493.0% |
| Recurring financial charges | 65 | €769 | €4,560 | +€3,791 | +493.0% |
| Profit (loss) for the period before taxes | 9903 | €47,532 | €6,441 | -€41,091 | -86.4% |
| Income taxes | 67/77 | €16,008 | €6,000 | -€10,008 | -62.5% |
| Profit (loss) for the period | 9904 | €31,524 | €441 | -€31,083 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,524 | €441 | -€31,083 | -98.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.