DRIES ALEX: 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.
DRIES ALEX
Largest movements
- Cash +€25,524
up €25,524 (+20.1%), from €127,057 to €152,580
mainly Depreciation (+€22,530) and Receivables within one year (+€9,177)
- Tangible fixed assets -€22,530
down €22,530 (-31.6%), from €71,227 to €48,697
of which Furniture and vehicles: -€22,197
- Receivables within one year -€9,177
down €9,177 (-17.7%), from €51,858 to €42,680
of which Other amounts receivable: -€6,053
- Debts after one year -€9,168
down €9,168 (-38.8%), from €23,632 to €14,464
- Reserves +€8,692
up €8,692 (+4.6%), from €190,050 to €198,743
of which Distributable reserves: +€8,692
- Other debts -€7,000
down €7,000 (-100%), from €7,000 to €0
- Tax, wage and social debts +€3,504
up €3,504 (+418%), from €838 to €4,342
- Trade debts -€2,775
down €2,775 (-94.3%), from €2,941 to €166
- Financial income +€2,454
up €2,454 (+713%), from €344 to €2,799
- Taxes +€1,643
up €1,643 (+76.9%), from €2,137 to €3,779
- Financial charges -€360
down €360 (-21.7%), from €1,654 to €1,294
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 | €251,268 | €244,883 | -€6,385 | -2.5% |
| Fixed assets | 21/28 | €71,227 | €48,697 | -€22,530 | -31.6% |
| Tangible fixed assets | 22/27 | €71,227 | €48,697 | -€22,530 | -31.6% |
| Furniture and vehicles | 24 | €70,810 | €48,613 | -€22,197 | -31.3% |
| Other tangible fixed assets | 26 | €417 | €83 | -€333 | -80.0% |
| Current assets | 29/58 | €180,041 | €196,186 | +€16,145 | +9.0% |
| Amounts receivable within one year | 40/41 | €51,858 | €42,680 | -€9,177 | -17.7% |
| Trade receivables | 40 | €6,376 | €3,252 | -€3,124 | -49.0% |
| Other amounts receivable | 41 | €45,482 | €39,428 | -€6,053 | -13.3% |
| Cash at bank and in hand | 54/58 | €127,057 | €152,580 | +€25,524 | +20.1% |
| Deferred charges and accrued income | 490/1 | €1,127 | €926 | -€201 | -17.8% |
| Total equity and liabilities | 10/49 | €251,268 | €244,883 | -€6,385 | -2.5% |
| Equity | 10/15 | €208,050 | €216,743 | +€8,692 | +4.2% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €190,050 | €198,743 | +€8,692 | +4.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €188,190 | €196,883 | +€8,692 | +4.6% |
| Amounts payable | 17/49 | €43,217 | €28,140 | -€15,077 | -34.9% |
| Amounts payable after more than one year | 17 | €23,632 | €14,464 | -€9,168 | -38.8% |
| Financial debts | 170/4 | €23,632 | €14,464 | -€9,168 | -38.8% |
| Amounts payable within one year | 42/48 | €19,585 | €13,677 | -€5,909 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €8,806 | €9,168 | +€362 | +4.1% |
| Trade debts | 44 | €2,941 | €166 | -€2,775 | -94.3% |
| Suppliers | 440/4 | €2,941 | €166 | -€2,775 | -94.3% |
| Taxes, remuneration and social security | 45 | €838 | €4,342 | +€3,504 | +418% |
| Taxes | 450/3 | €838 | €4,342 | +€3,504 | +418% |
| Other amounts payable | 47/48 | €7,000 | €0 | -€7,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,855 | €22,530 | -€325 | -1.4% |
| Other operating charges | 640/8 | €960 | €882 | -€78 | -8.1% |
| Gross operating margin | 9900 | €34,149 | €34,379 | +€230 | +0.7% |
| Operating profit (loss) | 9901 | €10,334 | €10,967 | +€633 | +6.1% |
| Financial income | 75/76B | €344 | €2,799 | +€2,454 | +713% |
| Recurring financial income | 75 | €344 | €2,799 | +€2,454 | +713% |
| Financial charges | 65/66B | €1,654 | €1,294 | -€360 | -21.7% |
| Recurring financial charges | 65 | €1,654 | €1,294 | -€360 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €9,024 | €12,472 | +€3,447 | +38.2% |
| Income taxes | 67/77 | €2,137 | €3,779 | +€1,643 | +76.9% |
| Profit (loss) for the period | 9904 | €6,888 | €8,692 | +€1,804 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,888 | €8,692 | +€1,804 | +26.2% |
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 19 October 2026 via checked.be.