DRJ CHAUFFAGE: 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.
DRJ CHAUFFAGE
Largest movements
- Cash +€56,577
up €56,577 (+16.3%), from €348,152 to €404,729
mainly Net result for the year (+€140,694) and Depreciation (+€46,350)
- Current investments +€50,000
up €50,000 (+14.3%), from €350,000 to €400,000
- Receivables within one year -€29,574
down €29,574 (-29.2%), from €101,327 to €71,753
of which Other amounts receivable: -€17,077
- Tangible fixed assets -€10,534
down €10,534 (-7.2%), from €146,910 to €136,376
of which Plant, machinery and equipment: -€17,000
- Reserves +€87,694
up €87,694 (+14.6%), from €601,919 to €689,613
of which Distributable reserves: +€87,694
- Trade debts -€55,743
down €55,743 (-45.5%), from €122,635 to €66,892
- Other debts +€17,491
up €17,491 (+42.2%), from €41,421 to €58,912
- Current portion of long-term debt +€12,115
up €12,115 (+70.3%), from €17,228 to €29,343
- Staff costs -€59,759
down €59,759 (-21.0%), from €283,891 to €224,132
- Gross operating margin +€43,102
up €43,102 (+9.7%), from €442,905 to €486,007
- Taxes +€33,375
up €33,375 (+92.3%), from €36,175 to €69,550
- Depreciation +€7,786
up €7,786 (+20.2%), from €38,564 to €46,350
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 | €952,781 | €1,020,066 | +€67,285 | +7.1% |
| Fixed assets | 21/28 | €147,247 | €136,713 | -€10,534 | -7.2% |
| Tangible fixed assets | 22/27 | €146,910 | €136,376 | -€10,534 | -7.2% |
| Plant, machinery and equipment | 23 | €72,752 | €55,752 | -€17,000 | -23.4% |
| Furniture and vehicles | 24 | €35,106 | €23,551 | -€11,555 | -32.9% |
| Leasing and similar rights | 25 | €39,052 | €57,073 | +€18,021 | +46.1% |
| Financial fixed assets | 28 | €337 | €337 | = | 0.0% |
| Current assets | 29/58 | €805,534 | €883,353 | +€77,819 | +9.7% |
| Stocks and contracts in progress | 3 | €5,600 | €5,410 | -€190 | -3.4% |
| Stocks | 30/36 | €5,600 | €5,410 | -€190 | -3.4% |
| Amounts receivable within one year | 40/41 | €101,327 | €71,753 | -€29,574 | -29.2% |
| Trade receivables | 40 | €60,955 | €48,458 | -€12,497 | -20.5% |
| Other amounts receivable | 41 | €40,372 | €23,295 | -€17,077 | -42.3% |
| Current investments | 50/53 | €350,000 | €400,000 | +€50,000 | +14.3% |
| Cash at bank and in hand | 54/58 | €348,152 | €404,729 | +€56,577 | +16.3% |
| Deferred charges and accrued income | 490/1 | €455 | €1,461 | +€1,006 | +221% |
| Total equity and liabilities | 10/49 | €952,781 | €1,020,066 | +€67,285 | +7.1% |
| Equity | 10/15 | €641,606 | €729,300 | +€87,694 | +13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €601,919 | €689,613 | +€87,694 | +14.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €600,059 | €687,753 | +€87,694 | +14.6% |
| Profit (loss) carried forward | 14 | €33,487 | €33,487 | = | 0.0% |
| Amounts payable | 17/49 | €311,175 | €290,766 | -€20,409 | -6.6% |
| Amounts payable after more than one year | 17 | €67,781 | €72,013 | +€4,232 | +6.2% |
| Financial debts | 170/4 | €67,781 | €72,013 | +€4,232 | +6.2% |
| Amounts payable within one year | 42/48 | €240,028 | €217,286 | -€22,742 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €17,228 | €29,343 | +€12,115 | +70.3% |
| Trade debts | 44 | €122,635 | €66,892 | -€55,743 | -45.5% |
| Suppliers | 440/4 | €122,635 | €66,892 | -€55,743 | -45.5% |
| Taxes, remuneration and social security | 45 | €58,744 | €62,139 | +€3,395 | +5.8% |
| Taxes | 450/3 | €27,245 | €24,889 | -€2,356 | -8.6% |
| Remuneration and social security | 454/9 | €31,499 | €37,250 | +€5,751 | +18.3% |
| Other amounts payable | 47/48 | €41,421 | €58,912 | +€17,491 | +42.2% |
| Accrued charges and deferred income | 492/3 | €3,366 | €1,467 | -€1,899 | -56.4% |
| Remuneration, social security and pensions | 62 | €283,891 | €224,132 | -€59,759 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,564 | €46,350 | +€7,786 | +20.2% |
| Other operating charges | 640/8 | €2,775 | €4,118 | +€1,343 | +48.4% |
| Non-recurring operating charges | 66A | - | €3,598 | +€3,598 | |
| Gross operating margin | 9900 | €442,905 | €486,007 | +€43,102 | +9.7% |
| Operating profit (loss) | 9901 | €117,675 | €207,809 | +€90,134 | +76.6% |
| Financial income | 75/76B | €10,545 | €12,435 | +€1,890 | +17.9% |
| Recurring financial income | 75 | €10,545 | €12,435 | +€1,890 | +17.9% |
| Financial charges | 65/66B | €11,812 | €10,000 | -€1,812 | -15.3% |
| Recurring financial charges | 65 | €11,812 | €10,000 | -€1,812 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €116,408 | €210,244 | +€93,836 | +80.6% |
| Income taxes | 67/77 | €36,175 | €69,550 | +€33,375 | +92.3% |
| Profit (loss) for the period | 9904 | €80,233 | €140,694 | +€60,461 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,233 | €140,694 | +€60,461 | +75.4% |
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 31 October 2026 via checked.be.