DRIESMANS GERARD: 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.
DRIESMANS GERARD
Largest movements
- Stocks and contracts -€18,239
down €18,239 (-28.1%), from €64,818 to €46,579
- Cash -€15,446
down €15,446 (-91.0%), from €16,982 to €1,537
mainly Trade debts (-€49,940) and Debts after one year (-€6,750)
- Tangible fixed assets -€6,146
down €6,146 (-43.0%), from €14,299 to €8,154
of which Furniture and vehicles: -€3,232
- Receivables within one year -€4,116
down €4,116 (-23.3%), from €17,685 to €13,569
of which Other amounts receivable: -€8,561
- Deferred charges and accrued income +€1,225
up €1,225 (+32.2%), from €3,808 to €5,033
- Trade debts -€49,940
down €49,940 (-82.2%), from €60,769 to €10,830
- Other debts +€8,713
up €8,713, from €0 to €8,713
- Debts after one year -€6,750
down €6,750 (-28.9%), from €23,331 to €16,581
- Tax, wage and social debts +€4,447
up €4,447 (+73.7%), from €6,031 to €10,479
of which Taxes: +€6,291
- Short-term financial debts +€4,079
up €4,079 (+11.4%), from €35,903 to €39,982
- Gross operating margin -€86,826
down €86,826 (-70.7%), from €122,745 to €35,919
- Staff costs -€77,789
down €77,789 (-73.9%), from €105,292 to €27,502
- Depreciation -€6,423
down €6,423 (-68.8%), from €9,336 to €2,913
- Other operating charges -€1,470
down €1,470 (-55.9%), from €2,629 to €1,159
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 | €117,593 | €74,872 | -€42,721 | -36.3% |
| Fixed assets | 21/28 | €14,299 | €8,154 | -€6,146 | -43.0% |
| Tangible fixed assets | 22/27 | €14,299 | €8,154 | -€6,146 | -43.0% |
| Land and buildings | 22 | €1,074 | €537 | -€537 | -50.0% |
| Plant, machinery and equipment | 23 | €8,367 | €6,369 | -€1,998 | -23.9% |
| Furniture and vehicles | 24 | €3,232 | €0 | -€3,232 | -100% |
| Other tangible fixed assets | 26 | €1,626 | €1,248 | -€378 | -23.3% |
| Current assets | 29/58 | €103,294 | €66,718 | -€36,576 | -35.4% |
| Stocks and contracts in progress | 3 | €64,818 | €46,579 | -€18,239 | -28.1% |
| Stocks | 30/36 | €64,818 | €46,579 | -€18,239 | -28.1% |
| Amounts receivable within one year | 40/41 | €17,685 | €13,569 | -€4,116 | -23.3% |
| Trade receivables | 40 | €9,124 | €13,569 | +€4,445 | +48.7% |
| Other amounts receivable | 41 | €8,561 | €0 | -€8,561 | -100% |
| Cash at bank and in hand | 54/58 | €16,982 | €1,537 | -€15,446 | -91.0% |
| Deferred charges and accrued income | 490/1 | €3,808 | €5,033 | +€1,225 | +32.2% |
| Total equity and liabilities | 10/49 | €117,593 | €74,872 | -€42,721 | -36.3% |
| Equity | 10/15 | -€11,988 | -€11,897 | +€91 | +0.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,988 | -€36,897 | +€91 | +0.2% |
| Amounts payable | 17/49 | €129,581 | €86,769 | -€42,812 | -33.0% |
| Amounts payable after more than one year | 17 | €23,331 | €16,581 | -€6,750 | -28.9% |
| Financial debts | 170/4 | €23,331 | €16,581 | -€6,750 | -28.9% |
| Amounts payable within one year | 42/48 | €106,250 | €70,188 | -€36,062 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €3,546 | €0 | -€3,546 | -100% |
| Financial debts | 43 | €35,903 | €39,982 | +€4,079 | +11.4% |
| Credit institutions | 430/8 | €35,903 | €39,982 | +€4,079 | +11.4% |
| Trade debts | 44 | €60,769 | €10,830 | -€49,940 | -82.2% |
| Suppliers | 440/4 | €60,769 | €10,830 | -€49,940 | -82.2% |
| Advances received on contracts in progress | 46 | - | €184 | +€184 | |
| Taxes, remuneration and social security | 45 | €6,031 | €10,479 | +€4,447 | +73.7% |
| Taxes | 450/3 | €2,850 | €9,141 | +€6,291 | +221% |
| Remuneration and social security | 454/9 | €3,182 | €1,338 | -€1,844 | -58.0% |
| Other amounts payable | 47/48 | €0 | €8,713 | +€8,713 | |
| Non-recurring operating income | 76A | €5,321 | €12,896 | +€7,575 | +142% |
| Remuneration, social security and pensions | 62 | €105,292 | €27,502 | -€77,789 | -73.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,336 | €2,913 | -€6,423 | -68.8% |
| Other operating charges | 640/8 | €2,629 | €1,159 | -€1,470 | -55.9% |
| Non-recurring operating charges | 66A | €1,645 | €0 | -€1,645 | -100% |
| Gross operating margin | 9900 | €122,745 | €35,919 | -€86,826 | -70.7% |
| Operating profit (loss) | 9901 | €3,843 | €4,344 | +€501 | +13.1% |
| Financial income | 75/76B | €560 | €134 | -€427 | -76.1% |
| Recurring financial income | 75 | €560 | €134 | -€427 | -76.1% |
| Financial charges | 65/66B | €3,991 | €4,241 | +€250 | +6.3% |
| Recurring financial charges | 65 | €3,991 | €4,241 | +€250 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €412 | €237 | -€175 | -42.6% |
| Income taxes | 67/77 | €211 | €146 | -€65 | -30.7% |
| Profit (loss) for the period | 9904 | €202 | €91 | -€111 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €202 | €91 | -€111 | -54.9% |
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 20 October 2026 via checked.be.