DRJ & Partners: 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 & Partners
Largest movements
- Cash +€18,982
up €18,982 (+117%), from €16,293 to €35,275
mainly Net result for the year (+€24,371) and Depreciation (+€10,997)
- Tangible fixed assets -€6,389
down €6,389 (-7.1%), from €90,439 to €84,050
of which Leasing and similar rights: -€6,124
- Receivables within one year -€4,235
down €4,235 (-20.5%), from €20,637 to €16,402
of which Other amounts receivable: -€3,481
- Deferred charges and accrued income +€1,994
up €1,994 (+64.1%), from €3,111 to €5,105
- Profit (loss) carried forward +€24,371
up €24,371 (+32.4%), from €75,325 to €99,696
- Current portion of long-term debt -€8,292
down €8,292 (-59.2%), from €14,001 to €5,709
- Debts after one year -€7,116
down €7,116 (-25.1%), from €28,362 to €21,246
- Trade debts +€2,072
up €2,072 (+70.0%), from €2,962 to €5,034
- Gross operating margin +€12,438
up €12,438 (+38.4%), from €32,385 to €44,823
- Taxes +€6,372
up €6,372 (+318,600%), from €2 to €6,374
- Depreciation -€5,623
down €5,623 (-33.8%), from €16,620 to €10,997
- Other operating charges -€3,085
down €3,085 (-64.6%), from €4,777 to €1,692
- Financial charges -€690
down €690 (-35.2%), from €1,962 to €1,272
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 | €130,480 | €140,832 | +€10,352 | +7.9% |
| Fixed assets | 21/28 | €90,439 | €84,050 | -€6,389 | -7.1% |
| Tangible fixed assets | 22/27 | €90,439 | €84,050 | -€6,389 | -7.1% |
| Land and buildings | 22 | €80,890 | €79,126 | -€1,764 | -2.2% |
| Plant, machinery and equipment | 23 | €2,294 | €2,877 | +€583 | +25.4% |
| Furniture and vehicles | 24 | €1,131 | €2,047 | +€916 | +81.0% |
| Leasing and similar rights | 25 | €6,124 | - | -€6,124 | |
| Current assets | 29/58 | €40,041 | €56,782 | +€16,741 | +41.8% |
| Amounts receivable within one year | 40/41 | €20,637 | €16,402 | -€4,235 | -20.5% |
| Trade receivables | 40 | €8,017 | €7,263 | -€754 | -9.4% |
| Other amounts receivable | 41 | €12,620 | €9,139 | -€3,481 | -27.6% |
| Cash at bank and in hand | 54/58 | €16,293 | €35,275 | +€18,982 | +117% |
| Deferred charges and accrued income | 490/1 | €3,111 | €5,105 | +€1,994 | +64.1% |
| Total equity and liabilities | 10/49 | €130,480 | €140,832 | +€10,352 | +7.9% |
| Equity | 10/15 | €83,385 | €107,756 | +€24,371 | +29.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €75,325 | €99,696 | +€24,371 | +32.4% |
| Amounts payable | 17/49 | €47,095 | €33,076 | -€14,019 | -29.8% |
| Amounts payable after more than one year | 17 | €28,362 | €21,246 | -€7,116 | -25.1% |
| Financial debts | 170/4 | €28,362 | €21,246 | -€7,116 | -25.1% |
| Amounts payable within one year | 42/48 | €18,676 | €11,766 | -€6,910 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €14,001 | €5,709 | -€8,292 | -59.2% |
| Financial debts | 43 | €1,021 | €1,023 | +€2 | +0.2% |
| Credit institutions | 430/8 | €1,021 | €1,023 | +€2 | +0.2% |
| Trade debts | 44 | €2,962 | €5,034 | +€2,072 | +70.0% |
| Suppliers | 440/4 | €2,962 | €5,034 | +€2,072 | +70.0% |
| Taxes, remuneration and social security | 45 | €692 | - | -€692 | |
| Taxes | 450/3 | €692 | - | -€692 | |
| Accrued charges and deferred income | 492/3 | €57 | €64 | +€7 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,620 | €10,997 | -€5,623 | -33.8% |
| Other operating charges | 640/8 | €4,777 | €1,692 | -€3,085 | -64.6% |
| Non-recurring operating charges | 66A | - | €210 | +€210 | |
| Gross operating margin | 9900 | €32,385 | €44,823 | +€12,438 | +38.4% |
| Operating profit (loss) | 9901 | €10,988 | €31,924 | +€20,936 | +191% |
| Financial income | 75/76B | €68 | €93 | +€25 | +36.8% |
| Recurring financial income | 75 | €68 | €93 | +€25 | +36.8% |
| Financial charges | 65/66B | €1,962 | €1,272 | -€690 | -35.2% |
| Recurring financial charges | 65 | €1,962 | €1,272 | -€690 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €9,094 | €30,745 | +€21,651 | +238% |
| Income taxes | 67/77 | €2 | €6,374 | +€6,372 | +318,600% |
| Profit (loss) for the period | 9904 | €9,092 | €24,371 | +€15,279 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €9,092 | €24,371 | +€15,279 | +168% |
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 23 October 2026 via checked.be.