DRLH: 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.
DRLH
Largest movements
- Receivables within one year +€56,435
up €56,435 (+117%), from €48,144 to €104,579
of which Other amounts receivable: +€49,337
- Cash +€30,662
up €30,662 (+59.9%), from €51,188 to €81,850
mainly Net result for the year (+€100,343) and Tax, wage and social debts (+€7,490)
- Current investments +€14,778
new in 2025: €14,778
- Tangible fixed assets +€4,332
up €4,332 (+122%), from €3,556 to €7,888
of which Plant, machinery and equipment: +€2,480
- Reserves +€100,343
up €100,343 (+128%), from €78,579 to €178,922
- Tax, wage and social debts +€7,490
up €7,490 (+36.8%), from €20,332 to €27,821
- Gross operating margin +€29,777
up €29,777 (+29.6%), from €100,678 to €130,455
- Taxes +€7,553
up €7,553 (+37.1%), from €20,342 to €27,895
- Financial income +€1,598
up €1,598 (+44,511%), from €4 to €1,602
- Depreciation +€1,469
up €1,469 (+548%), from €268 to €1,737
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 | €103,505 | €209,765 | +€106,259 | +103% |
| Fixed assets | 21/28 | €3,556 | €7,888 | +€4,332 | +122% |
| Tangible fixed assets | 22/27 | €3,556 | €7,888 | +€4,332 | +122% |
| Plant, machinery and equipment | 23 | - | €2,480 | +€2,480 | |
| Furniture and vehicles | 24 | €3,556 | €5,408 | +€1,852 | +52.1% |
| Current assets | 29/58 | €99,949 | €201,877 | +€101,928 | +102% |
| Amounts receivable within one year | 40/41 | €48,144 | €104,579 | +€56,435 | +117% |
| Trade receivables | 40 | €48,144 | €55,243 | +€7,098 | +14.7% |
| Other amounts receivable | 41 | - | €49,337 | +€49,337 | |
| Current investments | 50/53 | - | €14,778 | +€14,778 | |
| Cash at bank and in hand | 54/58 | €51,188 | €81,850 | +€30,662 | +59.9% |
| Deferred charges and accrued income | 490/1 | €617 | €670 | +€53 | +8.6% |
| Total equity and liabilities | 10/49 | €103,505 | €209,765 | +€106,259 | +103% |
| Equity | 10/15 | €81,579 | €181,922 | +€100,343 | +123% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €78,579 | €178,922 | +€100,343 | +128% |
| Distributable reserves | 133 | €78,579 | €178,922 | +€100,343 | +128% |
| Amounts payable | 17/49 | €21,927 | €27,843 | +€5,916 | +27.0% |
| Amounts payable within one year | 42/48 | €21,927 | €27,843 | +€5,916 | +27.0% |
| Trade debts | 44 | €1,595 | €22 | -€1,573 | -98.6% |
| Suppliers | 440/4 | €1,595 | €22 | -€1,573 | -98.6% |
| Taxes, remuneration and social security | 45 | €20,332 | €27,821 | +€7,490 | +36.8% |
| Taxes | 450/3 | €20,332 | €27,821 | +€7,490 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | €1,737 | +€1,469 | +548% |
| Other operating charges | 640/8 | €0 | €513 | +€513 | |
| Gross operating margin | 9900 | €100,678 | €130,455 | +€29,777 | +29.6% |
| Operating profit (loss) | 9901 | €100,410 | €128,205 | +€27,795 | +27.7% |
| Financial income | 75/76B | €4 | €1,602 | +€1,598 | +44,511% |
| Recurring financial income | 75 | €4 | €1,602 | +€1,598 | +44,511% |
| Financial charges | 65/66B | €1,689 | €1,568 | -€121 | -7.2% |
| Recurring financial charges | 65 | €1,689 | €1,568 | -€121 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €98,724 | €128,238 | +€29,514 | +29.9% |
| Income taxes | 67/77 | €20,342 | €27,895 | +€7,553 | +37.1% |
| Profit (loss) for the period | 9904 | €78,383 | €100,343 | +€21,960 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,383 | €100,343 | +€21,960 | +28.0% |
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 13 October 2026 via checked.be.