DRIWATRA: 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.
DRIWATRA
Largest movements
- Tangible fixed assets +€102,859
up €102,859 (+15.4%), from €669,437 to €772,296
of which Leasing and similar rights: +€129,321
- Cash +€27,973
up €27,973 (+50.2%), from €55,730 to €83,703
mainly Debts after one year (+€84,724) and Depreciation (+€54,171)
- Receivables within one year -€12,548
down €12,548 (-29.3%), from €42,850 to €30,301
of which Trade receivables: -€14,518
- Debts after one year +€84,724
up €84,724 (+224.8%), from €37,689 to €122,413
- Reserves +€31,239
up €31,239 (+6.2%), from €505,864 to €537,103
of which Distributable reserves: +€31,239
- Gross operating margin +€18,989
up €18,989 (+17.4%), from €108,854 to €127,843
- Depreciation -€14,153
down €14,153 (-20.7%), from €68,324 to €54,171
- Financial income -€8,347
down €8,347 (-100.0%), from €8,348 to €1
- Taxes +€6,998
up €6,998 (+236.0%), from €2,965 to €9,963
- Other operating charges -€5,159
down €5,159 (-20.1%), from €25,713 to €20,554
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 | €772,369 | €888,356 | +€115,986 | +15.0% |
| Fixed assets | 21/28 | €672,087 | €772,446 | +€100,359 | +14.9% |
| Tangible fixed assets | 22/27 | €669,437 | €772,296 | +€102,859 | +15.4% |
| Land and buildings | 22 | €582,009 | €561,220 | -€20,789 | -3.6% |
| Plant, machinery and equipment | 23 | €12,272 | €8,820 | -€3,452 | -28.1% |
| Furniture and vehicles | 24 | €7,077 | €4,856 | -€2,221 | -31.4% |
| Leasing and similar rights | 25 | €68,079 | €197,400 | +€129,321 | +190.0% |
| Financial fixed assets | 28 | €2,650 | €150 | -€2,500 | -94.3% |
| Current assets | 29/58 | €100,283 | €115,910 | +€15,628 | +15.6% |
| Amounts receivable within one year | 40/41 | €42,850 | €30,301 | -€12,548 | -29.3% |
| Trade receivables | 40 | €34,743 | €20,225 | -€14,518 | -41.8% |
| Other amounts receivable | 41 | €8,106 | €10,076 | +€1,970 | +24.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €55,730 | €83,703 | +€27,973 | +50.2% |
| Deferred charges and accrued income | 490/1 | €1,703 | €1,906 | +€203 | +11.9% |
| Total equity and liabilities | 10/49 | €772,369 | €888,356 | +€115,986 | +15.0% |
| Equity | 10/15 | €523,750 | €555,703 | +€31,953 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €505,864 | €537,103 | +€31,239 | +6.2% |
| Tax-exempt reserves | 132 | €113,762 | €113,762 | = | 0.0% |
| Distributable reserves | 133 | €392,102 | €423,341 | +€31,239 | +8.0% |
| Profit (loss) carried forward | 14 | -€714 | €0 | +€714 | |
| Provisions and deferred taxes | 16 | €30,606 | €30,606 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €30,606 | €30,606 | = | 0.0% |
| Pensions and similar obligations | 160 | €30,606 | €30,606 | = | 0.0% |
| Amounts payable | 17/49 | €218,013 | €302,047 | +€84,034 | +38.5% |
| Amounts payable after more than one year | 17 | €37,689 | €122,413 | +€84,724 | +224.8% |
| Financial debts | 170/4 | €37,689 | €122,413 | +€84,724 | +224.8% |
| Amounts payable within one year | 42/48 | €174,805 | €171,248 | -€3,557 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €32,802 | €36,884 | +€4,082 | +12.4% |
| Trade debts | 44 | €15,173 | €8,616 | -€6,557 | -43.2% |
| Suppliers | 440/4 | €15,173 | €8,616 | -€6,557 | -43.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,881 | €6,825 | -€2,055 | -23.1% |
| Taxes | 450/3 | €7,234 | €5,178 | -€2,055 | -28.4% |
| Remuneration and social security | 454/9 | €1,647 | €1,647 | = | 0.0% |
| Other amounts payable | 47/48 | €117,950 | €118,922 | +€972 | +0.8% |
| Accrued charges and deferred income | 492/3 | €5,519 | €8,385 | +€2,867 | +51.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,324 | €54,171 | -€14,153 | -20.7% |
| Other operating charges | 640/8 | €25,713 | €20,554 | -€5,159 | -20.1% |
| Non-recurring operating charges | 66A | €13,833 | €0 | -€13,833 | -100.0% |
| Gross operating margin | 9900 | €108,854 | €127,843 | +€18,989 | +17.4% |
| Operating profit (loss) | 9901 | €984 | €53,118 | +€52,134 | +5300.0% |
| Financial income | 75/76B | €8,348 | €1 | -€8,347 | -100.0% |
| Recurring financial income | 75 | €8,348 | €1 | -€8,347 | -100.0% |
| Financial charges | 65/66B | €8,630 | €11,204 | +€2,574 | +29.8% |
| Recurring financial charges | 65 | €8,630 | €11,204 | +€2,574 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €702 | €41,915 | +€41,214 | +5874.6% |
| Income taxes | 67/77 | €2,965 | €9,963 | +€6,998 | +236.0% |
| Profit (loss) for the period | 9904 | -€2,263 | €31,953 | +€34,216 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,263 | €31,953 | +€34,216 |
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 11 October 2026 via checked.be.