Driemaster: what changed
What changed
Driemaster
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€46,786
2024 · €3,040+€43,746
Equity
€199,077
2024 · €152,291+€46,786
Cash
€14,097
2024 · €11,596+€2,502
Balance sheet total
€351,524
2024 · €289,684+€61,840
Largest movements
Assets
- Receivables within one year +€53,268
up €53,268 (+24.7%), from €215,432 to €268,700
of which Other amounts receivable: +€50,909
- Stocks and contracts +€8,425
up €8,425 (+46.6%), from €18,094 to €26,518
- Intangible fixed assets -€4,000
down €4,000 (-50.0%), from €8,000 to €4,000
Equity and liabilities
- Profit (loss) carried forward +€46,786
up €46,786 (+35.5%), from €131,831 to €178,617
- Tax, wage and social debts +€11,738
up €11,738 (+114%), from €10,316 to €22,055
of which Taxes: +€11,594
- Trade debts +€6,846
up €6,846 (+9.4%), from €72,713 to €79,559
Income statement
- Gross operating margin +€55,299
up €55,299 (+61.7%), from €89,679 to €144,978
- Taxes +€16,792
up €16,792 (+318%), from €5,277 to €22,069
- Financial charges -€6,278
down €6,278 (-58.0%), from €10,818 to €4,540
- Financial income +€5,740
up €5,740 (+1,811%), from €317 to €6,057
- Staff costs +€4,468
up €4,468 (+7.8%), from €57,644 to €62,112
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3,040
Gross operating margin
+€55,299
Staff costs
-€4,468
Depreciation
-€1,242
Other operating charges
-€1,070
Financial income
+€5,740
Financial charges
+€6,278
Taxes
-€16,792
Result 2025
€46,786
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€12,007
Investment
-€5,976
Financing
-€3,530
Cash 2024
€11,596
From operations (derived)
+€12,007
Net result for the year
+€46,786
Depreciation
+€8,330
Stocks and contracts
-€8,425
Receivables within one year
-€53,268
Trade debts
+€6,846
Tax, wage and social debts
+€11,738
Investment (derived)
-€5,976
Investment in fixed assets (net)
-€5,976
Financing
-€3,530
Debts after one year
-€2,806
Current portion of long-term debt
-€723
Cash 2025
€14,097
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,684 | €351,524 | +€61,840 | +21.3% |
| Fixed assets | 21/28 | €44,563 | €42,209 | -€2,354 | -5.3% |
| Intangible fixed assets | 21 | €8,000 | €4,000 | -€4,000 | -50.0% |
| Tangible fixed assets | 22/27 | €36,563 | €38,209 | +€1,646 | +4.5% |
| Land and buildings | 22 | €18,544 | €17,359 | -€1,185 | -6.4% |
| Plant, machinery and equipment | 23 | €18,018 | €15,960 | -€2,059 | -11.4% |
| Furniture and vehicles | 24 | - | €4,890 | +€4,890 | |
| Current assets | 29/58 | €245,121 | €309,316 | +€64,194 | +26.2% |
| Stocks and contracts in progress | 3 | €18,094 | €26,518 | +€8,425 | +46.6% |
| Stocks | 30/36 | €18,094 | €26,518 | +€8,425 | +46.6% |
| Amounts receivable within one year | 40/41 | €215,432 | €268,700 | +€53,268 | +24.7% |
| Trade receivables | 40 | €138,743 | €141,102 | +€2,359 | +1.7% |
| Other amounts receivable | 41 | €76,689 | €127,598 | +€50,909 | +66.4% |
| Cash at bank and in hand | 54/58 | €11,596 | €14,097 | +€2,502 | +21.6% |
| Total equity and liabilities | 10/49 | €289,684 | €351,524 | +€61,840 | +21.3% |
| Equity | 10/15 | €152,291 | €199,077 | +€46,786 | +30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,831 | €178,617 | +€46,786 | +35.5% |
| Amounts payable | 17/49 | €137,393 | €152,448 | +€15,054 | +11.0% |
| Amounts payable after more than one year | 17 | €5,071 | €2,264 | -€2,806 | -55.3% |
| Financial debts | 170/4 | €5,071 | €2,264 | -€2,806 | -55.3% |
| Amounts payable within one year | 42/48 | €132,323 | €150,184 | +€17,861 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €9,261 | €8,537 | -€723 | -7.8% |
| Financial debts | 43 | €40,000 | €40,000 | = | 0.0% |
| Credit institutions | 430/8 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | €72,713 | €79,559 | +€6,846 | +9.4% |
| Suppliers | 440/4 | €72,713 | €79,559 | +€6,846 | +9.4% |
| Taxes, remuneration and social security | 45 | €10,316 | €22,055 | +€11,738 | +114% |
| Taxes | 450/3 | €8,982 | €20,576 | +€11,594 | +129% |
| Remuneration and social security | 454/9 | €1,334 | €1,478 | +€144 | +10.8% |
| Other amounts payable | 47/48 | €32 | €32 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €57,644 | €62,112 | +€4,468 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,088 | €8,330 | +€1,242 | +17.5% |
| Other operating charges | 640/8 | €6,128 | €7,198 | +€1,070 | +17.5% |
| Gross operating margin | 9900 | €89,679 | €144,978 | +€55,299 | +61.7% |
| Operating profit (loss) | 9901 | €18,818 | €67,338 | +€48,520 | +258% |
| Financial income | 75/76B | €317 | €6,057 | +€5,740 | +1,811% |
| Recurring financial income | 75 | €317 | €6,057 | +€5,740 | +1,811% |
| Financial charges | 65/66B | €10,818 | €4,540 | -€6,278 | -58.0% |
| Recurring financial charges | 65 | €10,818 | €4,540 | -€6,278 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €8,317 | €68,855 | +€60,538 | +728% |
| Income taxes | 67/77 | €5,277 | €22,069 | +€16,792 | +318% |
| Profit (loss) for the period | 9904 | €3,040 | €46,786 | +€43,746 | +1,439% |
| Profit (loss) for the period to be appropriated | 9905 | €3,040 | €46,786 | +€43,746 | +1,439% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.