DRIES DE BOECK: 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 DE BOECK
Largest movements
- Stocks and contracts +€17,541
up €17,541 (+18.6%), from €94,117 to €111,659
- Tangible fixed assets -€14,535
down €14,535 (-17.1%), from €85,161 to €70,626
of which Plant, machinery and equipment: -€12,864
- Receivables within one year -€14,219
down €14,219 (-85.2%), from €16,692 to €2,472
of which Trade receivables: -€13,573
- Cash +€7,268
up €7,268 (+44.8%), from €16,236 to €23,505
mainly Depreciation (+€22,229) and Receivables within one year (+€14,219)
- Trade debts -€8,644
down €8,644 (-25.1%), from €34,464 to €25,819
- Accrued charges and deferred income +€8,434
up €8,434 (+3,529%), from €239 to €8,673
- Other debts -€7,855
down €7,855 (-8.5%), from €92,774 to €84,919
- Profit (loss) carried forward +€4,479
new in 2025: €4,479
- Staff costs +€20,264
up €20,264 (+18.6%), from €108,788 to €129,052
- Gross operating margin +€6,251
up €6,251 (+4.0%), from €157,827 to €164,078
- Financial charges -€4,590
down €4,590 (-53.5%), from €8,577 to €3,987
- Taxes -€3,077
down €3,077 (-54.6%), from €5,639 to €2,562
- Depreciation +€2,824
up €2,824 (+14.6%), from €19,405 to €22,229
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 | €225,693 | €221,205 | -€4,488 | -2.0% |
| Fixed assets | 21/28 | €93,981 | €79,446 | -€14,535 | -15.5% |
| Tangible fixed assets | 22/27 | €85,161 | €70,626 | -€14,535 | -17.1% |
| Plant, machinery and equipment | 23 | €82,137 | €69,273 | -€12,864 | -15.7% |
| Furniture and vehicles | 24 | €3,024 | €1,353 | -€1,671 | -55.3% |
| Financial fixed assets | 28 | €8,820 | €8,820 | = | 0.0% |
| Current assets | 29/58 | €131,712 | €141,759 | +€10,047 | +7.6% |
| Stocks and contracts in progress | 3 | €94,117 | €111,659 | +€17,541 | +18.6% |
| Stocks | 30/36 | €94,117 | €111,659 | +€17,541 | +18.6% |
| Amounts receivable within one year | 40/41 | €16,692 | €2,472 | -€14,219 | -85.2% |
| Trade receivables | 40 | €15,875 | €2,302 | -€13,573 | -85.5% |
| Other amounts receivable | 41 | €816 | €170 | -€646 | -79.1% |
| Cash at bank and in hand | 54/58 | €16,236 | €23,505 | +€7,268 | +44.8% |
| Deferred charges and accrued income | 490/1 | €4,667 | €4,123 | -€543 | -11.6% |
| Total equity and liabilities | 10/49 | €225,693 | €221,205 | -€4,488 | -2.0% |
| Equity | 10/15 | €75,373 | €79,852 | +€4,479 | +5.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €74,873 | €74,873 | = | 0.0% |
| Distributable reserves | 133 | €74,873 | €74,873 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,479 | +€4,479 | |
| Amounts payable | 17/49 | €150,320 | €141,353 | -€8,967 | -6.0% |
| Amounts payable within one year | 42/48 | €150,081 | €132,680 | -€17,401 | -11.6% |
| Trade debts | 44 | €34,464 | €25,819 | -€8,644 | -25.1% |
| Suppliers | 440/4 | €34,464 | €25,819 | -€8,644 | -25.1% |
| Taxes, remuneration and social security | 45 | €22,844 | €21,942 | -€902 | -3.9% |
| Taxes | 450/3 | €7,044 | €5,070 | -€1,974 | -28.0% |
| Remuneration and social security | 454/9 | €15,799 | €16,872 | +€1,073 | +6.8% |
| Other amounts payable | 47/48 | €92,774 | €84,919 | -€7,855 | -8.5% |
| Accrued charges and deferred income | 492/3 | €239 | €8,673 | +€8,434 | +3,529% |
| Remuneration, social security and pensions | 62 | €108,788 | €129,052 | +€20,264 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,405 | €22,229 | +€2,824 | +14.6% |
| Other operating charges | 640/8 | €941 | €1,769 | +€828 | +88.0% |
| Gross operating margin | 9900 | €157,827 | €164,078 | +€6,251 | +4.0% |
| Operating profit (loss) | 9901 | €28,692 | €11,028 | -€17,664 | -61.6% |
| Financial income | 75/76B | €15 | €0 | -€15 | -100% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -100% |
| Financial charges | 65/66B | €8,577 | €3,987 | -€4,590 | -53.5% |
| Recurring financial charges | 65 | €8,577 | €3,987 | -€4,590 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €20,130 | €7,041 | -€13,089 | -65.0% |
| Income taxes | 67/77 | €5,639 | €2,562 | -€3,077 | -54.6% |
| Profit (loss) for the period | 9904 | €14,491 | €4,479 | -€10,012 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,491 | €4,479 | -€10,012 | -69.1% |
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 21 October 2026 via checked.be.