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DRIES & CO: 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.

What changed

DRIES & CO

BE 0809.066.904
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€5,318
2023 · -€10,174+€4,856
Equity
€11,092
2023 · €16,411-€5,318
Cash
€1,829
2023 · €642+€1,187
Balance sheet total
€179,513
2023 · €187,687-€8,175

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€10,257

    down €10,257 (-5.5%), from €186,845 to €176,588

    of which Land and buildings: -€9,304

Equity and liabilities
  • Reserves -€5,318

    down €5,318 (-53.1%), from €10,011 to €4,692

    of which Distributable reserves: -€5,318

  • Debts after one year -€3,127

    down €3,127 (-2.0%), from €152,770 to €149,644

    of which Financial debts: -€17,041

Income statement
  • Gross operating margin +€3,118

    up €3,118 (+42.8%), from €7,294 to €10,412

  • Depreciation -€1,105

    down €1,105 (-9.7%), from €11,362 to €10,257

  • Financial charges -€622

    down €622 (-14.0%), from €4,436 to €3,814

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€10,174
Gross operating margin +€3,118
Depreciation +€1,105
Other operating charges +€11
Financial charges +€622
Result 2024 -€5,318

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€4,043
Investment €0
Financing -€2,856
Cash 2023 €642
Net result for the year -€5,318
Depreciation +€10,257
Deferred charges and accrued income -€896
Debts after one year -€3,127
Current portion of long-term debt +€270
Cash 2024 €1,829
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €187,687 €179,513 -€8,175 -4.4%
Fixed assets 21/28 €186,845 €176,588 -€10,257 -5.5%
Tangible fixed assets 22/27 €186,845 €176,588 -€10,257 -5.5%
Land and buildings 22 €184,149 €174,846 -€9,304 -5.1%
Plant, machinery and equipment 23 €2,696 €1,742 -€953 -35.4%
Current assets 29/58 €842 €2,925 +€2,083 +247.3%
Cash at bank and in hand 54/58 €642 €1,829 +€1,187 +184.8%
Deferred charges and accrued income 490/1 €200 €1,096 +€896 +447.8%
Total equity and liabilities 10/49 €187,687 €179,513 -€8,175 -4.4%
Equity 10/15 €16,411 €11,092 -€5,318 -32.4%
Contributions 10/11 €6,400 €6,400 = 0.0%
Reserves 13 €10,011 €4,692 -€5,318 -53.1%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €10,011 €4,692 -€5,318 -53.1%
Amounts payable 17/49 €171,277 €168,420 -€2,856 -1.7%
Amounts payable after more than one year 17 €152,770 €149,644 -€3,127 -2.0%
Financial debts 170/4 €59,365 €42,324 -€17,041 -28.7%
Other amounts payable 178/9 €93,405 €107,319 +€13,914 +14.9%
Amounts payable within one year 42/48 €17,017 €17,288 +€270 +1.6%
Current portion of amounts payable after more than one year 42 €16,771 €17,041 +€270 +1.6%
Taxes, remuneration and social security 45 €247 €247 = 0.0%
Taxes 450/3 €247 €247 = 0.0%
Accrued charges and deferred income 492/3 €1,489 €1,489 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,362 €10,257 -€1,105 -9.7%
Other operating charges 640/8 €1,670 €1,659 -€11 -0.7%
Gross operating margin 9900 €7,294 €10,412 +€3,118 +42.8%
Operating profit (loss) 9901 -€5,739 -€1,505 +€4,234 +73.8%
Financial charges 65/66B €4,436 €3,814 -€622 -14.0%
Recurring financial charges 65 €4,436 €3,814 -€622 -14.0%
Profit (loss) for the period before taxes 9903 -€10,174 -€5,318 +€4,856 +47.7%
Profit (loss) for the period 9904 -€10,174 -€5,318 +€4,856 +47.7%
Profit (loss) for the period to be appropriated 9905 -€10,174 -€5,318 +€4,856 +47.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.