DRLW: what changed
Two fiscal 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.
DRLW
Largest movements
- Cash +€73,006
up €73,006 (+77.1%), from €94,747 to €167,753
mainly Net result for the year (+€70,920) and Tax, wage and social debts (+€18,257)
- Tangible fixed assets +€3,106
up €3,106 (+24.3%), from €12,774 to €15,880
of which Other tangible fixed assets: +€7,264
- Profit (loss) carried forward +€70,920
up €70,920 (+98.5%), from €71,982 to €142,902
- Tax, wage and social debts +€18,257
up €18,257 (+147.2%), from €12,399 to €30,656
- Other debts -€11,079
down €11,079 (-97.9%), from €11,311 to €232
- Debts after one year -€3,920
down €3,920 (-45.2%), from €8,682 to €4,762
- Gross operating margin +€27,709
up €27,709 (+40.8%), from €67,978 to €95,686
- Taxes +€5,858
up €5,858 (+47.2%), from €12,399 to €18,257
- Depreciation +€957
up €957 (+25.8%), from €3,713 to €4,670
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 | €111,650 | €185,972 | +€74,322 | +66.6% |
| Fixed assets | 21/28 | €12,774 | €15,880 | +€3,106 | +24.3% |
| Tangible fixed assets | 22/27 | €12,774 | €15,880 | +€3,106 | +24.3% |
| Furniture and vehicles | 24 | €12,774 | €8,616 | -€4,157 | -32.5% |
| Other tangible fixed assets | 26 | - | €7,264 | +€7,264 | |
| Current assets | 29/58 | €98,876 | €170,091 | +€71,215 | +72.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €94,747 | €167,753 | +€73,006 | +77.1% |
| Deferred charges and accrued income | 490/1 | €4,129 | €2,339 | -€1,790 | -43.4% |
| Total equity and liabilities | 10/49 | €111,650 | €185,972 | +€74,322 | +66.6% |
| Equity | 10/15 | €75,482 | €146,402 | +€70,920 | +94.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,982 | €142,902 | +€70,920 | +98.5% |
| Amounts payable | 17/49 | €36,168 | €39,570 | +€3,402 | +9.4% |
| Amounts payable after more than one year | 17 | €8,682 | €4,762 | -€3,920 | -45.2% |
| Financial debts | 170/4 | €8,682 | €4,762 | -€3,920 | -45.2% |
| Amounts payable within one year | 42/48 | €27,487 | €34,808 | +€7,322 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €3,776 | €3,920 | +€144 | +3.8% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €12,399 | €30,656 | +€18,257 | +147.2% |
| Taxes | 450/3 | €12,399 | €30,656 | +€18,257 | +147.2% |
| Other amounts payable | 47/48 | €11,311 | €232 | -€11,079 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,713 | €4,670 | +€957 | +25.8% |
| Other operating charges | 640/8 | €586 | €501 | -€86 | -14.6% |
| Non-recurring operating charges | 66A | €2,059 | €0 | -€2,059 | -100.0% |
| Gross operating margin | 9900 | €67,978 | €95,686 | +€27,709 | +40.8% |
| Operating profit (loss) | 9901 | €61,619 | €90,516 | +€28,897 | +46.9% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €1,811 | €1,339 | -€472 | -26.1% |
| Recurring financial charges | 65 | €1,811 | €1,339 | -€472 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €59,811 | €89,177 | +€29,366 | +49.1% |
| Income taxes | 67/77 | €12,399 | €18,257 | +€5,858 | +47.2% |
| Profit (loss) for the period | 9904 | €47,412 | €70,920 | +€23,508 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,412 | €70,920 | +€23,508 | +49.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.