DRJ-Pavage: what changed
DRJ-Pavage
Largest movements
- Cash -€24,922
down €24,922 (-86.1%), from €28,935 to €4,013
mainly Investment in fixed assets (net) (-€29,370) and Receivables within one year (-€15,090)
- Tangible fixed assets +€22,374
up €22,374 (+304%), from €7,349 to €29,723
of which Furniture and vehicles: +€26,828
- Receivables within one year +€15,090
up €15,090 (+90.2%), from €16,724 to €31,813
of which Trade receivables: +€11,746
- Deferred charges and accrued income +€4,430
up €4,430 (+394%), from €1,123 to €5,553
- Debts after one year +€20,259
new in 2025: €20,259
- Profit (loss) carried forward +€10,656
up €10,656 (+14.4%), from -€73,810 to -€63,154
- Tax, wage and social debts -€8,300
down €8,300 (-37.7%), from €22,000 to €13,700
of which Remuneration and social security: -€8,650
- Trade debts -€5,869
down €5,869 (-61.0%), from €9,629 to €3,760
- Current portion of long-term debt +€3,967
up €3,967 (+186%), from €2,138 to €6,104
- Gross operating margin +€37,343
up €37,343, from -€16,719 to €20,624
- Depreciation -€9,091
down €9,091 (-56.5%), from €16,087 to €6,996
- Other operating charges +€886
up €886 (+59.9%), from €1,479 to €2,366
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,131 | €71,103 | +€16,972 | +31.4% |
| Fixed assets | 21/28 | €7,349 | €29,723 | +€22,374 | +304% |
| Tangible fixed assets | 22/27 | €7,349 | €29,723 | +€22,374 | +304% |
| Plant, machinery and equipment | 23 | €6,554 | €2,100 | -€4,454 | -68.0% |
| Furniture and vehicles | 24 | €795 | €27,623 | +€26,828 | +3,374% |
| Current assets | 29/58 | €46,782 | €41,380 | -€5,402 | -11.5% |
| Amounts receivable within one year | 40/41 | €16,724 | €31,813 | +€15,090 | +90.2% |
| Trade receivables | 40 | €13,867 | €25,613 | +€11,746 | +84.7% |
| Other amounts receivable | 41 | €2,857 | €6,200 | +€3,344 | +117% |
| Cash at bank and in hand | 54/58 | €28,935 | €4,013 | -€24,922 | -86.1% |
| Deferred charges and accrued income | 490/1 | €1,123 | €5,553 | +€4,430 | +394% |
| Total equity and liabilities | 10/49 | €54,131 | €71,103 | +€16,972 | +31.4% |
| Equity | 10/15 | €13,250 | €23,906 | +€10,656 | +80.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,860 | €80,860 | = | 0.0% |
| Distributable reserves | 133 | €80,860 | €80,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,810 | -€63,154 | +€10,656 | +14.4% |
| Amounts payable | 17/49 | €40,882 | €47,197 | +€6,315 | +15.4% |
| Amounts payable after more than one year | 17 | - | €20,259 | +€20,259 | |
| Financial debts | 170/4 | - | €20,259 | +€20,259 | |
| Amounts payable within one year | 42/48 | €40,455 | €26,883 | -€13,571 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €2,138 | €6,104 | +€3,967 | +186% |
| Financial debts | 43 | - | €448 | +€448 | |
| Credit institutions | 430/8 | - | €448 | +€448 | |
| Trade debts | 44 | €9,629 | €3,760 | -€5,869 | -61.0% |
| Suppliers | 440/4 | €9,629 | €3,760 | -€5,869 | -61.0% |
| Taxes, remuneration and social security | 45 | €22,000 | €13,700 | -€8,300 | -37.7% |
| Taxes | 450/3 | €1,700 | €2,050 | +€350 | +20.6% |
| Remuneration and social security | 454/9 | €20,300 | €11,650 | -€8,650 | -42.6% |
| Other amounts payable | 47/48 | €6,688 | €2,872 | -€3,816 | -57.1% |
| Accrued charges and deferred income | 492/3 | €427 | €54 | -€373 | -87.4% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,087 | €6,996 | -€9,091 | -56.5% |
| Other operating charges | 640/8 | €1,479 | €2,366 | +€886 | +59.9% |
| Gross operating margin | 9900 | -€16,719 | €20,624 | +€37,343 | |
| Operating profit (loss) | 9901 | -€34,285 | €11,263 | +€45,548 | |
| Financial income | 75/76B | €0 | €15 | +€15 | +75,050% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +75,050% |
| Financial charges | 65/66B | €316 | €471 | +€155 | +49.1% |
| Recurring financial charges | 65 | €316 | €471 | +€155 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,601 | €10,807 | +€45,408 | |
| Income taxes | 67/77 | €163 | €150 | -€12 | -7.7% |
| Profit (loss) for the period | 9904 | -€34,764 | €10,656 | +€45,420 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,764 | €10,656 | +€45,420 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.