DRISEC: 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.
DRISEC
Largest movements
- Tangible fixed assets -€13,971
down €13,971 (-5.4%), from €257,337 to €243,366
of which Land and buildings: -€8,105
- Cash -€11,283
down €11,283 (-12.3%), from €91,858 to €80,575
mainly Contributions, distributions and other (-€100,000) and Debts after one year (-€15,635)
- Other debts +€67,385
up €67,385 (+115.7%), from €58,229 to €125,614
- Reserves -€63,503
down €63,503 (-43.4%), from €146,478 to €82,975
- Debts after one year -€15,635
down €15,635 (-11.3%), from €138,706 to €123,072
- Trade debts -€9,050
down €9,050 (-78.8%), from €11,489 to €2,439
- Accrued charges and deferred income -€5,179
down €5,179 (-100.0%), from €5,179 to €0
- Gross operating margin +€34,615
up €34,615 (+102.6%), from €33,733 to €68,348
- Taxes +€8,461
up €8,461 (+356.0%), from €2,377 to €10,838
- Financial charges -€5,252
down €5,252 (-56.6%), from €9,284 to €4,032
- Depreciation -€1,957
down €1,957 (-12.3%), from €15,927 to €13,971
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 | €406,120 | €379,230 | -€26,890 | -6.6% |
| Fixed assets | 21/28 | €259,087 | €245,116 | -€13,971 | -5.4% |
| Tangible fixed assets | 22/27 | €257,337 | €243,366 | -€13,971 | -5.4% |
| Land and buildings | 22 | €240,878 | €232,773 | -€8,105 | -3.4% |
| Plant, machinery and equipment | 23 | €5,907 | €4,308 | -€1,599 | -27.1% |
| Furniture and vehicles | 24 | €10,551 | €6,284 | -€4,267 | -40.4% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €147,033 | €134,114 | -€12,919 | -8.8% |
| Amounts receivable within one year | 40/41 | €49,713 | €47,857 | -€1,856 | -3.7% |
| Trade receivables | 40 | €36,905 | €43,560 | +€6,655 | +18.0% |
| Other amounts receivable | 41 | €12,808 | €4,297 | -€8,511 | -66.4% |
| Cash at bank and in hand | 54/58 | €91,858 | €80,575 | -€11,283 | -12.3% |
| Deferred charges and accrued income | 490/1 | €5,462 | €5,682 | +€219 | +4.0% |
| Total equity and liabilities | 10/49 | €406,120 | €379,230 | -€26,890 | -6.6% |
| Equity | 10/15 | €165,078 | €101,575 | -€63,503 | -38.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,478 | €82,975 | -€63,503 | -43.4% |
| Distributable reserves | 133 | €146,478 | €82,975 | -€63,503 | -43.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €241,042 | €277,656 | +€36,613 | +15.2% |
| Amounts payable after more than one year | 17 | €138,706 | €123,072 | -€15,635 | -11.3% |
| Financial debts | 170/4 | €138,706 | €123,072 | -€15,635 | -11.3% |
| Amounts payable within one year | 42/48 | €97,157 | €154,584 | +€57,427 | +59.1% |
| Current portion of amounts payable after more than one year | 42 | €15,329 | €15,635 | +€306 | +2.0% |
| Trade debts | 44 | €11,489 | €2,439 | -€9,050 | -78.8% |
| Suppliers | 440/4 | €11,489 | €2,439 | -€9,050 | -78.8% |
| Taxes, remuneration and social security | 45 | €12,110 | €10,896 | -€1,214 | -10.0% |
| Taxes | 450/3 | €12,110 | €10,896 | -€1,214 | -10.0% |
| Other amounts payable | 47/48 | €58,229 | €125,614 | +€67,385 | +115.7% |
| Accrued charges and deferred income | 492/3 | €5,179 | €0 | -€5,179 | -100.0% |
| Non-recurring operating income | 76A | €6,623 | €0 | -€6,623 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,927 | €13,971 | -€1,957 | -12.3% |
| Other operating charges | 640/8 | €3,397 | €3,462 | +€65 | +1.9% |
| Gross operating margin | 9900 | €33,733 | €68,348 | +€34,615 | +102.6% |
| Operating profit (loss) | 9901 | €14,408 | €50,915 | +€36,506 | +253.4% |
| Financial income | 75/76B | €618 | €453 | -€165 | -26.7% |
| Recurring financial income | 75 | €618 | €453 | -€165 | -26.7% |
| Financial charges | 65/66B | €9,284 | €4,032 | -€5,252 | -56.6% |
| Recurring financial charges | 65 | €9,284 | €4,032 | -€5,252 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €5,742 | €47,335 | +€41,593 | +724.4% |
| Income taxes | 67/77 | €2,377 | €10,838 | +€8,461 | +356.0% |
| Profit (loss) for the period | 9904 | €3,365 | €36,497 | +€33,132 | +984.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,365 | €36,497 | +€33,132 | +984.6% |
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 10 October 2026 via checked.be.