Driemo: what changed
What changed
Driemo
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€79,467
2024 · -€7,819+€87,286
Equity
€13.3m
2024 · €12.0m+€1.3m
Cash
€251,820
2024 · €454,687-€202,867
Balance sheet total
€27.2m
2024 · €22.9m+€4.2m
Largest movements
Assets
- Receivables within one year +€2.7m
up €2.7m (+41.9%), from €6.5m to €9.2m
of which Other amounts receivable: +€2.5m
- Tangible fixed assets +€2.3m
up €2.3m (+30.6%), from €7.4m to €9.6m
of which Assets under construction and advance payments: +€2.0m
- Stocks and contracts -€763,526
down €763,526 (-14.8%), from €5.1m to €4.4m
- Financial fixed assets +€275,000
up €275,000 (+55.2%), from €498,500 to €773,500
Equity and liabilities
- Other debts +€1.7m
up €1.7m (+119%), from €1.5m to €3.2m
- Reserves +€973,772
up €973,772 (+9.9%), from €9.8m to €10.8m
of which Tax-exempt reserves: +€973,772
- Short-term financial debts +€665,680
up €665,680 (+22.1%), from €3.0m to €3.7m
- Trade debts +€533,660
up €533,660 (+535%), from €99,687 to €633,347
- Tax, wage and social debts -€429,671
down €429,671 (-76.9%), from €558,537 to €128,866
of which Taxes: -€424,643
Income statement
- Financial income +€358,985
up €358,985 (+123%), from €292,193 to €651,178
of which Non-recurring financial income: +€275,000
- Gross operating margin -€304,571
down €304,571 (-24.3%), from €1.3m to €950,079
- Taxes -€272,690
down €272,690 (-65.3%), from €417,460 to €144,770
- Depreciation +€132,346
up €132,346 (+41.6%), from €318,505 to €450,851
- Provisions +€60,000
up €60,000, from €0 to €60,000
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
-€7,819
Gross operating margin
-€304,571
Staff costs
-€53,801
Depreciation
-€132,346
Provisions
-€60,000
Other operating charges
+€13,234
Financial income
+€358,985
Financial charges
-€41,221
Taxes
+€272,690
Deferred taxes and other
+€34,314
Result 2025
€79,467
raises the resultlowers the resultnot broken down further in the accounts
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
+€710,080
Investment
-€3.0m
Financing
+€2.1m
Cash 2024
€454,687
From operations (derived)
+€710,080
Net result for the year
+€79,467
Depreciation
+€450,851
Stocks and contracts
+€763,526
Receivables within one year
-€2.7m
Deferred charges and accrued income
+€33,546
Provisions
+€191,079
Trade debts
+€533,660
Tax, wage and social debts
-€429,671
Advances received
+€80,588
Other debts
+€1.7m
Accrued charges and deferred income
-€18,327
Investment (derived)
-€3.0m
Investment in fixed assets (net)
-€3.0m
Financing
+€2.1m
Debts after one year
+€90,469
Current portion of long-term debt
+€64,294
Short-term financial debts
+€665,680
Contributions, distributions and other
+€1.2m
Cash 2025
€251,820
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,924,869 | €27,162,592 | +€4.2m | +18.5% |
| Fixed assets | 21/28 | €7,858,051 | €10,379,297 | +€2.5m | +32.1% |
| Intangible fixed assets | 21 | €5,176 | €0 | -€5,176 | -100% |
| Tangible fixed assets | 22/27 | €7,354,375 | €9,605,797 | +€2.3m | +30.6% |
| Land and buildings | 22 | €5,517,655 | €5,722,269 | +€204,614 | +3.7% |
| Plant, machinery and equipment | 23 | €1,738 | €1,213 | -€525 | -30.2% |
| Furniture and vehicles | 24 | €67,911 | €99,906 | +€31,995 | +47.1% |
| Assets under construction and advance payments | 27 | €1,767,071 | €3,782,409 | +€2.0m | +114% |
| Financial fixed assets | 28 | €498,500 | €773,500 | +€275,000 | +55.2% |
| Current assets | 29/58 | €15,066,818 | €16,783,295 | +€1.7m | +11.4% |
| Amounts receivable after more than one year | 29 | €2,761,660 | €2,761,660 | = | 0.0% |
| Other amounts receivable | 291 | €2,761,660 | €2,761,660 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,146,505 | €4,382,979 | -€763,526 | -14.8% |
| Stocks | 30/36 | €5,146,505 | €4,382,979 | -€763,526 | -14.8% |
| Amounts receivable within one year | 40/41 | €6,480,073 | €9,196,488 | +€2.7m | +41.9% |
| Trade receivables | 40 | €806,370 | €975,448 | +€169,078 | +21.0% |
| Other amounts receivable | 41 | €5,673,702 | €8,221,040 | +€2.5m | +44.9% |
| Cash at bank and in hand | 54/58 | €454,687 | €251,820 | -€202,867 | -44.6% |
| Deferred charges and accrued income | 490/1 | €223,894 | €190,348 | -€33,546 | -15.0% |
| Total equity and liabilities | 10/49 | €22,924,869 | €27,162,592 | +€4.2m | +18.5% |
| Equity | 10/15 | €11,969,194 | €13,287,368 | +€1.3m | +11.0% |
| Contributions | 10/11 | €398,755 | €398,755 | -€0 | 0.0% |
| Capital | 10 | €398,755 | €398,755 | -€0 | 0.0% |
| Issued capital | 100 | €398,755 | €398,755 | -€0 | 0.0% |
| Contributions outside capital | 11 | €0 | - | = | |
| Other | 1109/19 | €0 | - | = | |
| Reserves | 13 | €9,845,742 | €10,819,514 | +€973,772 | +9.9% |
| Non-distributable reserves | 130/1 | €72,097 | €72,097 | +€0 | 0.0% |
| Legal reserve | 130 | €72,097 | €72,097 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,773,645 | €3,747,417 | +€973,772 | +35.1% |
| Distributable reserves | 133 | €7,000,000 | €7,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,724,697 | €2,069,099 | +€344,402 | +20.0% |
| Provisions and deferred taxes | 16 | €1,137,838 | €1,328,917 | +€191,079 | +16.8% |
| Provisions for liabilities and charges | 160/5 | €234,507 | €100,995 | -€133,512 | -56.9% |
| Major repairs and maintenance | 162 | €234,507 | €40,995 | -€193,512 | -82.5% |
| Other liabilities and charges | 164/5 | - | €60,000 | +€60,000 | |
| Deferred taxes | 168 | €903,331 | €1,227,922 | +€324,591 | +35.9% |
| Amounts payable | 17/49 | €9,817,837 | €12,546,307 | +€2.7m | +27.8% |
| Amounts payable after more than one year | 17 | €3,718,459 | €3,808,928 | +€90,469 | +2.4% |
| Financial debts | 170/4 | €3,718,459 | €3,808,928 | +€90,469 | +2.4% |
| Amounts payable within one year | 42/48 | €6,081,052 | €8,737,379 | +€2.7m | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €649,999 | €714,293 | +€64,294 | +9.9% |
| Financial debts | 43 | €3,013,000 | €3,678,680 | +€665,680 | +22.1% |
| Credit institutions | 430/8 | €3,013,000 | €3,678,680 | +€665,680 | +22.1% |
| Trade debts | 44 | €99,687 | €633,347 | +€533,660 | +535% |
| Suppliers | 440/4 | €99,687 | €633,347 | +€533,660 | +535% |
| Advances received on contracts in progress | 46 | €291,263 | €371,850 | +€80,588 | +27.7% |
| Taxes, remuneration and social security | 45 | €558,537 | €128,866 | -€429,671 | -76.9% |
| Taxes | 450/3 | €465,413 | €40,770 | -€424,643 | -91.2% |
| Remuneration and social security | 454/9 | €93,124 | €88,096 | -€5,028 | -5.4% |
| Other amounts payable | 47/48 | €1,468,566 | €3,210,343 | +€1.7m | +119% |
| Accrued charges and deferred income | 492/3 | €18,327 | - | -€18,327 | |
| Non-recurring operating income | 76A | - | €196,233 | +€196,233 | |
| Remuneration, social security and pensions | 62 | €480,428 | €534,229 | +€53,801 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €318,505 | €450,851 | +€132,346 | +41.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €60,000 | +€60,000 | |
| Other operating charges | 640/8 | €111,854 | €98,620 | -€13,234 | -11.8% |
| Gross operating margin | 9900 | €1,254,650 | €950,079 | -€304,571 | -24.3% |
| Operating profit (loss) | 9901 | €343,862 | -€193,621 | -€537,483 | |
| Financial income | 75/76B | €292,193 | €651,178 | +€358,985 | +123% |
| Recurring financial income | 75 | €292,193 | €376,178 | +€83,985 | +28.7% |
| Non-recurring financial income | 76B | - | €275,000 | +€275,000 | |
| Financial charges | 65/66B | €280,411 | €321,632 | +€41,221 | +14.7% |
| Recurring financial charges | 65 | €280,411 | €321,632 | +€41,221 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €355,643 | €135,925 | -€219,718 | -61.8% |
| Transfer from deferred taxes | 780 | €53,998 | €88,312 | +€34,314 | +63.5% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €417,460 | €144,770 | -€272,690 | -65.3% |
| Profit (loss) for the period | 9904 | -€7,819 | €79,467 | +€87,286 | |
| Transfer from tax-exempt reserves | 789 | €161,994 | €264,935 | +€102,941 | +63.5% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €154,176 | €344,402 | +€190,227 | +123% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 October 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.