DRIES CRABBE: 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 CRABBE
Largest movements
- Receivables within one year +€221,069
up €221,069 (+80.8%), from €273,650 to €494,719
of which Trade receivables: +€220,285
- Cash -€31,210
down €31,210 (-8.0%), from €388,981 to €357,770
mainly Receivables within one year (-€221,069) and Investment in fixed assets (net) (-€145,211)
- Stocks and contracts +€30,852
up €30,852 (+5.3%), from €580,139 to €610,991
- Reserves +€159,670
up €159,670 (+28.3%), from €563,943 to €723,613
of which Distributable reserves: +€159,670
- Current portion of long-term debt +€69,016
up €69,016 (+67.9%), from €101,631 to €170,647
- Tax, wage and social debts -€52,766
down €52,766 (-78.6%), from €67,149 to €14,383
of which Taxes: -€50,085
- Accrued charges and deferred income +€44,758
up €44,758 (+29.9%), from €149,882 to €194,640
- Trade debts +€34,046
up €34,046 (+26.6%), from €127,857 to €161,903
- Gross operating margin -€207,572
down €207,572 (-30.3%), from €685,092 to €477,520
- Taxes +€10,210
up €10,210 (+25.7%), from €39,765 to €49,975
- Write-downs +€9,015
new in 2025: €9,015
- Financial charges -€8,526
down €8,526 (-20.1%), from €42,489 to €33,963
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 | €2,064,531 | €2,308,060 | +€243,529 | +11.8% |
| Fixed assets | 21/28 | €813,531 | €834,974 | +€21,443 | +2.6% |
| Intangible fixed assets | 21 | €8,840 | €7,764 | -€1,076 | -12.2% |
| Tangible fixed assets | 22/27 | €792,336 | €814,819 | +€22,484 | +2.8% |
| Land and buildings | 22 | €426,561 | €390,526 | -€36,034 | -8.4% |
| Plant, machinery and equipment | 23 | €316,917 | €299,119 | -€17,798 | -5.6% |
| Furniture and vehicles | 24 | €48,858 | €125,174 | +€76,316 | +156% |
| Financial fixed assets | 28 | €12,356 | €12,391 | +€35 | +0.3% |
| Current assets | 29/58 | €1,251,000 | €1,473,086 | +€222,086 | +17.8% |
| Stocks and contracts in progress | 3 | €580,139 | €610,991 | +€30,852 | +5.3% |
| Stocks | 30/36 | €580,139 | €610,991 | +€30,852 | +5.3% |
| Amounts receivable within one year | 40/41 | €273,650 | €494,719 | +€221,069 | +80.8% |
| Trade receivables | 40 | €273,650 | €493,935 | +€220,285 | +80.5% |
| Other amounts receivable | 41 | €0 | €784 | +€784 | |
| Cash at bank and in hand | 54/58 | €388,981 | €357,770 | -€31,210 | -8.0% |
| Deferred charges and accrued income | 490/1 | €8,231 | €9,606 | +€1,375 | +16.7% |
| Total equity and liabilities | 10/49 | €2,064,531 | €2,308,060 | +€243,529 | +11.8% |
| Equity | 10/15 | €984,441 | €1,134,613 | +€150,171 | +15.3% |
| Contributions | 10/11 | €351,124 | €351,124 | = | 0.0% |
| Reserves | 13 | €563,943 | €723,613 | +€159,670 | +28.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €563,943 | €723,613 | +€159,670 | +28.3% |
| Investment grants | 15 | €69,375 | €59,876 | -€9,498 | -13.7% |
| Amounts payable | 17/49 | €1,080,090 | €1,173,447 | +€93,357 | +8.6% |
| Amounts payable after more than one year | 17 | €633,571 | €631,875 | -€1,696 | -0.3% |
| Financial debts | 170/4 | €383,617 | €384,070 | +€453 | +0.1% |
| Other amounts payable | 178/9 | €249,954 | €247,805 | -€2,149 | -0.9% |
| Amounts payable within one year | 42/48 | €296,637 | €346,933 | +€50,296 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €101,631 | €170,647 | +€69,016 | +67.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €127,857 | €161,903 | +€34,046 | +26.6% |
| Suppliers | 440/4 | €127,857 | €161,903 | +€34,046 | +26.6% |
| Taxes, remuneration and social security | 45 | €67,149 | €14,383 | -€52,766 | -78.6% |
| Taxes | 450/3 | €60,022 | €9,937 | -€50,085 | -83.4% |
| Remuneration and social security | 454/9 | €7,127 | €4,446 | -€2,681 | -37.6% |
| Accrued charges and deferred income | 492/3 | €149,882 | €194,640 | +€44,758 | +29.9% |
| Non-recurring operating income | 76A | - | €868 | +€868 | |
| Remuneration, social security and pensions | 62 | €108,507 | €111,347 | +€2,840 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,502 | €123,768 | +€6,267 | +5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,015 | +€9,015 | |
| Other operating charges | 640/8 | €2,546 | €3,105 | +€559 | +22.0% |
| Gross operating margin | 9900 | €685,092 | €477,520 | -€207,572 | -30.3% |
| Operating profit (loss) | 9901 | €456,538 | €230,285 | -€226,253 | -49.6% |
| Financial income | 75/76B | €12,789 | €13,323 | +€534 | +4.2% |
| Recurring financial income | 75 | €12,789 | €13,323 | +€534 | +4.2% |
| Financial charges | 65/66B | €42,489 | €33,963 | -€8,526 | -20.1% |
| Recurring financial charges | 65 | €42,489 | €33,963 | -€8,526 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €426,838 | €209,645 | -€217,193 | -50.9% |
| Income taxes | 67/77 | €39,765 | €49,975 | +€10,210 | +25.7% |
| Profit (loss) for the period | 9904 | €387,073 | €159,670 | -€227,403 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €387,073 | €159,670 | -€227,403 | -58.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.