DRIES MIEKE: 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 MIEKE
Largest movements
- Cash +€10,476
up €10,476 (+1,031%), from €1,016 to €11,491
mainly Net result for the year (+€90,223) and Other debts (+€10,493)
- Debts after one year -€101,696
down €101,696 (-26.3%), from €386,693 to €284,997
- Reserves +€90,223
up €90,223 (+262%), from €34,433 to €124,656
- Other debts +€10,493
up €10,493 (+8.1%), from €129,964 to €140,457
- Current portion of long-term debt +€9,604
up €9,604 (+11.4%), from €84,348 to €93,951
- Gross operating margin +€111,997
up €111,997 (+795%), from €14,082 to €126,079
- Taxes +€21,119
up €21,119 (+444%), from €4,761 to €25,880
- Financial charges +€7,799
up €7,799 (+911%), from €856 to €8,655
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 | €648,206 | €662,366 | +€14,159 | +2.2% |
| Fixed assets | 21/28 | €646,217 | €644,901 | -€1,316 | -0.2% |
| Tangible fixed assets | 22/27 | €4,059 | €2,742 | -€1,316 | -32.4% |
| Furniture and vehicles | 24 | €4,059 | €2,742 | -€1,316 | -32.4% |
| Financial fixed assets | 28 | €642,159 | €642,159 | = | 0.0% |
| Current assets | 29/58 | €1,989 | €17,465 | +€15,476 | +778% |
| Amounts receivable within one year | 40/41 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €1,016 | €11,491 | +€10,476 | +1,031% |
| Deferred charges and accrued income | 490/1 | €973 | €973 | = | 0.0% |
| Total equity and liabilities | 10/49 | €648,206 | €662,366 | +€14,159 | +2.2% |
| Equity | 10/15 | €36,433 | €126,656 | +€90,223 | +248% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,433 | €124,656 | +€90,223 | +262% |
| Distributable reserves | 133 | €34,433 | €124,656 | +€90,223 | +262% |
| Amounts payable | 17/49 | €611,773 | €535,710 | -€76,063 | -12.4% |
| Amounts payable after more than one year | 17 | €386,693 | €284,997 | -€101,696 | -26.3% |
| Financial debts | 170/4 | €386,693 | €284,997 | -€101,696 | -26.3% |
| Amounts payable within one year | 42/48 | €225,080 | €250,713 | +€25,633 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €84,348 | €93,951 | +€9,604 | +11.4% |
| Trade debts | 44 | €638 | €1,194 | +€556 | +87.2% |
| Suppliers | 440/4 | €638 | €1,194 | +€556 | +87.2% |
| Taxes, remuneration and social security | 45 | €10,131 | €15,111 | +€4,980 | +49.2% |
| Taxes | 450/3 | €8,162 | €13,141 | +€4,980 | +61.0% |
| Remuneration and social security | 454/9 | €1,969 | €1,969 | = | 0.0% |
| Other amounts payable | 47/48 | €129,964 | €140,457 | +€10,493 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €428 | €1,316 | +€889 | +208% |
| Other operating charges | 640/8 | €124 | €6 | -€118 | -95.5% |
| Gross operating margin | 9900 | €14,082 | €126,079 | +€111,997 | +795% |
| Operating profit (loss) | 9901 | €13,531 | €124,757 | +€111,226 | +822% |
| Financial income | 75/76B | €59 | €0 | -€59 | -99.4% |
| Recurring financial income | 75 | €59 | €0 | -€59 | -99.4% |
| Financial charges | 65/66B | €856 | €8,655 | +€7,799 | +911% |
| Recurring financial charges | 65 | €856 | €8,655 | +€7,799 | +911% |
| Profit (loss) for the period before taxes | 9903 | €12,734 | €116,103 | +€103,369 | +812% |
| Income taxes | 67/77 | €4,761 | €25,880 | +€21,119 | +444% |
| Profit (loss) for the period | 9904 | €7,973 | €90,223 | +€82,250 | +1,032% |
| Profit (loss) for the period to be appropriated | 9905 | €7,973 | €90,223 | +€82,250 | +1,032% |
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 17 October 2026 via checked.be.