DRILLING SOLUTIONS: 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.
DRILLING SOLUTIONS
Largest movements
- Receivables after one year +€150,000
new in 2025: €150,000
- Cash -€81,351
down €81,351 (-24.8%), from €328,100 to €246,749
mainly Receivables after one year (-€150,000) and Receivables within one year (-€47,570)
- Receivables within one year +€47,570
up €47,570 (+27.8%), from €170,953 to €218,522
of which Trade receivables: +€65,515
- Other debts +€54,615
up €54,615, from €0 to €54,615
- Trade debts +€22,366
up €22,366 (+63.7%), from €35,128 to €57,494
- Reserves +€22,000
up €22,000 (+5.9%), from €369,850 to €391,850
of which Distributable reserves: +€22,000
- Tax, wage and social debts +€18,767
up €18,767 (+196.3%), from €9,559 to €28,326
of which Taxes: +€19,983
- Gross operating margin +€36,628
up €36,628 (+32.1%), from €114,272 to €150,900
- Staff costs +€11,516
up €11,516 (+11.2%), from €102,397 to €113,913
- Other operating charges +€6,336
up €6,336 (+211.6%), from €2,995 to €9,331
- Taxes +€4,493
up €4,493 (+156.0%), from €2,880 to €7,373
- Financial income +€1,900
up €1,900 (+513464.9%), from €0 to €1,900
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 | €503,257 | €621,124 | +€117,867 | +23.4% |
| Fixed assets | 21/28 | €800 | €800 | = | 0.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €502,457 | €620,324 | +€117,867 | +23.5% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €170,953 | €218,522 | +€47,570 | +27.8% |
| Trade receivables | 40 | €153,008 | €218,522 | +€65,515 | +42.8% |
| Other amounts receivable | 41 | €17,945 | €0 | -€17,945 | -100.0% |
| Cash at bank and in hand | 54/58 | €328,100 | €246,749 | -€81,351 | -24.8% |
| Deferred charges and accrued income | 490/1 | €3,404 | €5,053 | +€1,649 | +48.4% |
| Total equity and liabilities | 10/49 | €503,257 | €621,124 | +€117,867 | +23.4% |
| Equity | 10/15 | €458,570 | €480,689 | +€22,118 | +4.8% |
| Contributions | 10/11 | €88,500 | €88,500 | = | 0.0% |
| Capital | 10 | €88,500 | €88,500 | = | 0.0% |
| Issued capital | 100 | €88,500 | €88,500 | = | 0.0% |
| Reserves | 13 | €369,850 | €391,850 | +€22,000 | +5.9% |
| Non-distributable reserves | 130/1 | €8,850 | €8,850 | = | 0.0% |
| Legal reserve | 130 | €8,850 | €8,850 | = | 0.0% |
| Distributable reserves | 133 | €361,000 | €383,000 | +€22,000 | +6.1% |
| Profit (loss) carried forward | 14 | €220 | €339 | +€118 | +53.8% |
| Amounts payable | 17/49 | €44,687 | €140,436 | +€95,749 | +214.3% |
| Amounts payable within one year | 42/48 | €44,687 | €140,436 | +€95,749 | +214.3% |
| Trade debts | 44 | €35,128 | €57,494 | +€22,366 | +63.7% |
| Suppliers | 440/4 | €35,128 | €57,494 | +€22,366 | +63.7% |
| Taxes, remuneration and social security | 45 | €9,559 | €28,326 | +€18,767 | +196.3% |
| Taxes | 450/3 | €3,525 | €23,508 | +€19,983 | +566.9% |
| Remuneration and social security | 454/9 | €6,034 | €4,818 | -€1,216 | -20.1% |
| Other amounts payable | 47/48 | €0 | €54,615 | +€54,615 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €102,397 | €113,913 | +€11,516 | +11.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €2,995 | €9,331 | +€6,336 | +211.6% |
| Gross operating margin | 9900 | €114,272 | €150,900 | +€36,628 | +32.1% |
| Operating profit (loss) | 9901 | €8,880 | €27,656 | +€18,776 | +211.4% |
| Financial income | 75/76B | €0 | €1,900 | +€1,900 | +513464.9% |
| Recurring financial income | 75 | €0 | €1,900 | +€1,900 | +513464.9% |
| Financial charges | 65/66B | €14 | €65 | +€51 | +375.5% |
| Recurring financial charges | 65 | €14 | €65 | +€51 | +375.5% |
| Profit (loss) for the period before taxes | 9903 | €8,867 | €29,491 | +€20,625 | +232.6% |
| Income taxes | 67/77 | €2,880 | €7,373 | +€4,493 | +156.0% |
| Profit (loss) for the period | 9904 | €5,987 | €22,118 | +€16,131 | +269.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,987 | €22,118 | +€16,131 | +269.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.