DRIES: 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.
DRIES
Largest movements
- Cash -€196,375
down €196,375 (-34.7%), from €565,245 to €368,870
mainly Stocks and contracts (-€124,660) and Receivables within one year (-€67,054)
- Stocks and contracts +€124,660
up €124,660 (+136.9%), from €91,051 to €215,711
- Receivables within one year +€67,054
up €67,054 (+52.1%), from €128,662 to €195,715
of which Trade receivables: +€68,222
- Current investments +€43,000
new in 2025: €43,000
- Deferred charges and accrued income +€13,464
up €13,464 (+329.2%), from €4,089 to €17,553
- Reserves +€88,207
up €88,207 (+28.1%), from €313,615 to €401,822
- Trade debts -€28,708
down €28,708 (-13.3%), from €215,446 to €186,738
- Other debts +€18,516
up €18,516 (+8.3%), from €222,305 to €240,820
- Tax, wage and social debts -€15,545
down €15,545 (-27.9%), from €55,792 to €40,247
- Gross operating margin +€48,787
up €48,787 (+45.2%), from €107,930 to €156,717
- Financial charges +€22,774
up €22,774 (+397.4%), from €5,731 to €28,506
- Financial income +€5,899
up €5,899 (+30.9%), from €19,101 to €25,000
- Taxes +€5,561
up €5,561 (+29.1%), from €19,084 to €24,645
- Depreciation +€2,302
up €2,302 (+21.5%), from €10,701 to €13,002
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 | €826,768 | €883,126 | +€56,359 | +6.8% |
| Fixed assets | 21/28 | €37,721 | €42,277 | +€4,556 | +12.1% |
| Intangible fixed assets | 21 | €3,601 | €4,590 | +€989 | +27.5% |
| Tangible fixed assets | 22/27 | €31,199 | €27,767 | -€3,433 | -11.0% |
| Plant, machinery and equipment | 23 | €7,667 | €10,029 | +€2,363 | +30.8% |
| Furniture and vehicles | 24 | €16,584 | €12,057 | -€4,526 | -27.3% |
| Other tangible fixed assets | 26 | €6,949 | €5,680 | -€1,269 | -18.3% |
| Financial fixed assets | 28 | €2,920 | €9,920 | +€7,000 | +239.7% |
| Current assets | 29/58 | €789,047 | €840,849 | +€51,802 | +6.6% |
| Stocks and contracts in progress | 3 | €91,051 | €215,711 | +€124,660 | +136.9% |
| Stocks | 30/36 | €91,051 | €215,711 | +€124,660 | +136.9% |
| Amounts receivable within one year | 40/41 | €128,662 | €195,715 | +€67,054 | +52.1% |
| Trade receivables | 40 | €107,688 | €175,910 | +€68,222 | +63.4% |
| Other amounts receivable | 41 | €20,973 | €19,805 | -€1,168 | -5.6% |
| Current investments | 50/53 | - | €43,000 | +€43,000 | |
| Cash at bank and in hand | 54/58 | €565,245 | €368,870 | -€196,375 | -34.7% |
| Deferred charges and accrued income | 490/1 | €4,089 | €17,553 | +€13,464 | +329.2% |
| Total equity and liabilities | 10/49 | €826,768 | €883,126 | +€56,359 | +6.8% |
| Equity | 10/15 | €323,615 | €411,822 | +€88,207 | +27.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €313,615 | €401,822 | +€88,207 | +28.1% |
| Distributable reserves | 133 | €313,615 | €401,822 | +€88,207 | +28.1% |
| Amounts payable | 17/49 | €503,153 | €471,305 | -€31,848 | -6.3% |
| Amounts payable within one year | 42/48 | €493,543 | €467,805 | -€25,738 | -5.2% |
| Trade debts | 44 | €215,446 | €186,738 | -€28,708 | -13.3% |
| Suppliers | 440/4 | €215,446 | €186,738 | -€28,708 | -13.3% |
| Taxes, remuneration and social security | 45 | €55,792 | €40,247 | -€15,545 | -27.9% |
| Taxes | 450/3 | €55,792 | €40,247 | -€15,545 | -27.9% |
| Other amounts payable | 47/48 | €222,305 | €240,820 | +€18,516 | +8.3% |
| Accrued charges and deferred income | 492/3 | €9,610 | €3,500 | -€6,110 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,701 | €13,002 | +€2,302 | +21.5% |
| Other operating charges | 640/8 | €1,023 | €358 | -€665 | -65.0% |
| Gross operating margin | 9900 | €107,930 | €156,717 | +€48,787 | +45.2% |
| Operating profit (loss) | 9901 | €96,207 | €143,357 | +€47,151 | +49.0% |
| Financial income | 75/76B | €19,101 | €25,000 | +€5,899 | +30.9% |
| Recurring financial income | 75 | €19,101 | €25,000 | +€5,899 | +30.9% |
| Financial charges | 65/66B | €5,731 | €28,506 | +€22,774 | +397.4% |
| Recurring financial charges | 65 | €5,731 | €28,506 | +€22,774 | +397.4% |
| Profit (loss) for the period before taxes | 9903 | €109,576 | €139,852 | +€30,276 | +27.6% |
| Income taxes | 67/77 | €19,084 | €24,645 | +€5,561 | +29.1% |
| Profit (loss) for the period | 9904 | €90,492 | €115,207 | +€24,715 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €90,492 | €115,207 | +€24,715 | +27.3% |
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 28 September 2026 via checked.be.