DRIESEN: 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.
DRIESEN
Largest movements
- Cash -€109,398
down €109,398 (-22.3%), from €490,434 to €381,036
mainly Contributions, distributions and other (-€230,000) and Investment in fixed assets (net) (-€204,708)
- Receivables within one year +€58,646
up €58,646 (+25.7%), from €227,993 to €286,639
of which Trade receivables: +€33,803
- Tangible fixed assets +€38,482
up €38,482 (+6.1%), from €631,105 to €669,587
of which Furniture and vehicles: +€93,361
- Current portion of long-term debt +€30,189
up €30,189 (+26.7%), from €113,146 to €143,335
- Debts after one year -€22,578
down €22,578 (-4.0%), from €570,067 to €547,489
- Reserves -€14,287
down €14,287 (-2.3%), from €608,427 to €594,140
- Gross operating margin -€81,243
down €81,243 (-10.8%), from €754,558 to €673,315
- Taxes -€34,476
down €34,476 (-32.2%), from €106,941 to €72,465
- Depreciation +€34,335
up €34,335 (+26.0%), from €131,891 to €166,226
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.
Cash bridge derived
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 | €1,413,993 | €1,395,935 | -€18,058 | -1.3% |
| Fixed assets | 21/28 | €631,105 | €669,587 | +€38,482 | +6.1% |
| Tangible fixed assets | 22/27 | €631,105 | €669,587 | +€38,482 | +6.1% |
| Land and buildings | 22 | €454,683 | €397,604 | -€57,078 | -12.6% |
| Plant, machinery and equipment | 23 | €28,459 | €30,658 | +€2,199 | +7.7% |
| Furniture and vehicles | 24 | €147,963 | €241,324 | +€93,361 | +63.1% |
| Current assets | 29/58 | €782,888 | €726,348 | -€56,540 | -7.2% |
| Stocks and contracts in progress | 3 | €35,873 | €27,459 | -€8,414 | -23.5% |
| Stocks | 30/36 | €35,873 | €27,459 | -€8,414 | -23.5% |
| Amounts receivable within one year | 40/41 | €227,993 | €286,639 | +€58,646 | +25.7% |
| Trade receivables | 40 | €176,772 | €210,575 | +€33,803 | +19.1% |
| Other amounts receivable | 41 | €51,221 | €76,064 | +€24,842 | +48.5% |
| Cash at bank and in hand | 54/58 | €490,434 | €381,036 | -€109,398 | -22.3% |
| Deferred charges and accrued income | 490/1 | €28,588 | €31,214 | +€2,626 | +9.2% |
| Total equity and liabilities | 10/49 | €1,413,993 | €1,395,935 | -€18,058 | -1.3% |
| Equity | 10/15 | €627,019 | €612,732 | -€14,287 | -2.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €608,427 | €594,140 | -€14,287 | -2.3% |
| Distributable reserves | 133 | €608,427 | €594,140 | -€14,287 | -2.3% |
| Amounts payable | 17/49 | €786,974 | €783,203 | -€3,771 | -0.5% |
| Amounts payable after more than one year | 17 | €570,067 | €547,489 | -€22,578 | -4.0% |
| Financial debts | 170/4 | €570,067 | €547,489 | -€22,578 | -4.0% |
| Amounts payable within one year | 42/48 | €216,907 | €235,714 | +€18,807 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €113,146 | €143,335 | +€30,189 | +26.7% |
| Trade debts | 44 | €64,204 | €63,922 | -€282 | -0.4% |
| Suppliers | 440/4 | €64,204 | €63,922 | -€282 | -0.4% |
| Taxes, remuneration and social security | 45 | €39,557 | €28,457 | -€11,100 | -28.1% |
| Taxes | 450/3 | €18,771 | €6,897 | -€11,874 | -63.3% |
| Remuneration and social security | 454/9 | €20,785 | €21,560 | +€775 | +3.7% |
| Non-recurring operating income | 76A | €2,768 | €11,028 | +€8,260 | +298.4% |
| Remuneration, social security and pensions | 62 | €191,959 | €185,301 | -€6,657 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,891 | €166,226 | +€34,335 | +26.0% |
| Other operating charges | 640/8 | €9,912 | €17,350 | +€7,438 | +75.0% |
| Gross operating margin | 9900 | €754,558 | €673,315 | -€81,243 | -10.8% |
| Operating profit (loss) | 9901 | €420,796 | €304,437 | -€116,359 | -27.7% |
| Financial income | 75/76B | €2,928 | €2,725 | -€203 | -6.9% |
| Recurring financial income | 75 | €2,928 | €2,725 | -€203 | -6.9% |
| Financial charges | 65/66B | €17,893 | €18,984 | +€1,091 | +6.1% |
| Recurring financial charges | 65 | €17,893 | €18,984 | +€1,091 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €405,831 | €288,178 | -€117,653 | -29.0% |
| Income taxes | 67/77 | €106,941 | €72,465 | -€34,476 | -32.2% |
| Profit (loss) for the period | 9904 | €298,891 | €215,713 | -€83,178 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €298,891 | €215,713 | -€83,178 | -27.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.