DRIES EN VE: 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 EN VE
Largest movements
- Cash -€31,562
down €31,562 (-41.6%), from €75,853 to €44,290
mainly Net result for the year (-€40,677) and Debts after one year (-€10,903)
- Tangible fixed assets -€10,506
down €10,506 (-14.5%), from €72,244 to €61,739
of which Furniture and vehicles: -€11,987
- Stocks and contracts -€7,159
down €7,159 (-63.5%), from €11,280 to €4,121
- Receivables within one year -€6,869
down €6,869 (-5.8%), from €118,598 to €111,729
of which Other amounts receivable: -€6,625
- Profit (loss) carried forward -€40,677
new in 2025: -€40,677
- Debts after one year -€10,903
down €10,903 (-41.3%), from €26,392 to €15,489
- Trade debts -€10,110
down €10,110 (-10.9%), from €92,344 to €82,235
- Tax, wage and social debts +€7,674
up €7,674 (+11.2%), from €68,432 to €76,106
of which Remuneration and social security: +€17,895
- Gross operating margin -€48,733
down €48,733 (-28.9%), from €168,708 to €119,975
- Staff costs +€44,513
up €44,513 (+47.3%), from €94,146 to €138,659
- Taxes -€11,984
down €11,984 (-98.3%), from €12,189 to €205
- Other operating charges -€5,602
down €5,602 (-59.0%), from €9,497 to €3,895
- Financial charges -€2,925
down €2,925 (-41.0%), from €7,134 to €4,210
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 | €278,086 | €224,618 | -€53,468 | -19.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €72,244 | €61,739 | -€10,506 | -14.5% |
| Tangible fixed assets | 22/27 | €72,244 | €61,739 | -€10,506 | -14.5% |
| Plant, machinery and equipment | 23 | €14,052 | €10,647 | -€3,405 | -24.2% |
| Furniture and vehicles | 24 | €39,081 | €27,094 | -€11,987 | -30.7% |
| Other tangible fixed assets | 26 | €19,111 | €23,998 | +€4,887 | +25.6% |
| Current assets | 29/58 | €205,842 | €162,879 | -€42,963 | -20.9% |
| Stocks and contracts in progress | 3 | €11,280 | €4,121 | -€7,159 | -63.5% |
| Stocks | 30/36 | €11,280 | €4,121 | -€7,159 | -63.5% |
| Amounts receivable within one year | 40/41 | €118,598 | €111,729 | -€6,869 | -5.8% |
| Trade receivables | 40 | €256 | €12 | -€244 | -95.3% |
| Other amounts receivable | 41 | €118,342 | €111,717 | -€6,625 | -5.6% |
| Cash at bank and in hand | 54/58 | €75,853 | €44,290 | -€31,562 | -41.6% |
| Deferred charges and accrued income | 490/1 | €111 | €2,738 | +€2,627 | +2,361% |
| Total equity and liabilities | 10/49 | €278,086 | €224,618 | -€53,468 | -19.2% |
| Equity | 10/15 | €80,140 | €39,463 | -€40,677 | -50.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €75,140 | €75,140 | = | 0.0% |
| Distributable reserves | 133 | €75,140 | €75,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€40,677 | -€40,677 | |
| Amounts payable | 17/49 | €197,946 | €185,155 | -€12,791 | -6.5% |
| Amounts payable after more than one year | 17 | €26,392 | €15,489 | -€10,903 | -41.3% |
| Financial debts | 170/4 | €26,392 | €15,489 | -€10,903 | -41.3% |
| Amounts payable within one year | 42/48 | €171,104 | €169,244 | -€1,860 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €10,328 | €10,903 | +€575 | +5.6% |
| Trade debts | 44 | €92,344 | €82,235 | -€10,110 | -10.9% |
| Suppliers | 440/4 | €92,344 | €82,235 | -€10,110 | -10.9% |
| Taxes, remuneration and social security | 45 | €68,432 | €76,106 | +€7,674 | +11.2% |
| Taxes | 450/3 | €66,514 | €56,292 | -€10,221 | -15.4% |
| Remuneration and social security | 454/9 | €1,918 | €19,813 | +€17,895 | +933% |
| Accrued charges and deferred income | 492/3 | €449 | €422 | -€27 | -6.1% |
| Remuneration, social security and pensions | 62 | €94,146 | €138,659 | +€44,513 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,536 | €19,206 | +€1,670 | +9.5% |
| Other operating charges | 640/8 | €9,497 | €3,895 | -€5,602 | -59.0% |
| Gross operating margin | 9900 | €168,708 | €119,975 | -€48,733 | -28.9% |
| Operating profit (loss) | 9901 | €47,530 | -€41,786 | -€89,315 | |
| Financial income | 75/76B | €6,221 | €5,523 | -€698 | -11.2% |
| Recurring financial income | 75 | €6,221 | €5,523 | -€698 | -11.2% |
| Financial charges | 65/66B | €7,134 | €4,210 | -€2,925 | -41.0% |
| Recurring financial charges | 65 | €7,134 | €4,210 | -€2,925 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €46,617 | -€40,472 | -€87,089 | |
| Income taxes | 67/77 | €12,189 | €205 | -€11,984 | -98.3% |
| Profit (loss) for the period | 9904 | €34,428 | -€40,677 | -€75,105 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,428 | -€40,677 | -€75,105 |
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 18 October 2026 via checked.be.