DRMAN: 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.
DRMAN
Largest movements
- Receivables within one year +€89,764
up €89,764 (+107.5%), from €83,520 to €173,284
of which Trade receivables: +€89,764
- Cash -€43,181
down €43,181 (-82.4%), from €52,417 to €9,236
mainly Receivables within one year (-€89,764) and Other debts (-€1,436)
- Tangible fixed assets -€3,357
down €3,357 (-23.7%), from €14,146 to €10,790
of which Other tangible fixed assets: -€3,113
- Trade debts +€31,867
up €31,867 (+70.3%), from €45,308 to €77,175
- Reserves +€7,990
up €7,990 (+36.9%), from €21,681 to €29,671
- Accrued charges and deferred income +€2,984
new in 2025: €2,984
- Gross operating margin -€11,526
down €11,526 (-35.2%), from €32,779 to €21,252
- Taxes -€3,396
down €3,396 (-62.6%), from €5,428 to €2,032
- Financial charges +€3,337
up €3,337 (+96.3%), from €3,467 to €6,804
- Depreciation +€853
up €853 (+34.1%), from €2,504 to €3,357
- Other operating charges -€344
down €344 (-24.3%), from €1,414 to €1,070
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 | €150,641 | €193,310 | +€42,668 | +28.3% |
| Fixed assets | 21/28 | €14,146 | €10,790 | -€3,357 | -23.7% |
| Tangible fixed assets | 22/27 | €14,146 | €10,790 | -€3,357 | -23.7% |
| Furniture and vehicles | 24 | €841 | €598 | -€244 | -28.9% |
| Other tangible fixed assets | 26 | €13,305 | €10,192 | -€3,113 | -23.4% |
| Current assets | 29/58 | €136,495 | €182,520 | +€46,025 | +33.7% |
| Amounts receivable within one year | 40/41 | €83,520 | €173,284 | +€89,764 | +107.5% |
| Trade receivables | 40 | €83,500 | €173,264 | +€89,764 | +107.5% |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52,417 | €9,236 | -€43,181 | -82.4% |
| Deferred charges and accrued income | 490/1 | €558 | - | -€558 | |
| Total equity and liabilities | 10/49 | €150,641 | €193,310 | +€42,668 | +28.3% |
| Equity | 10/15 | €26,681 | €34,671 | +€7,990 | +29.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,681 | €29,671 | +€7,990 | +36.9% |
| Distributable reserves | 133 | €21,681 | €29,671 | +€7,990 | +36.9% |
| Amounts payable | 17/49 | €123,960 | €158,639 | +€34,679 | +28.0% |
| Amounts payable within one year | 42/48 | €123,960 | €155,655 | +€31,694 | +25.6% |
| Trade debts | 44 | €45,308 | €77,175 | +€31,867 | +70.3% |
| Suppliers | 440/4 | €45,308 | €77,175 | +€31,867 | +70.3% |
| Taxes, remuneration and social security | 45 | €31,567 | €32,831 | +€1,264 | +4.0% |
| Taxes | 450/3 | €24,844 | €19,317 | -€5,527 | -22.2% |
| Remuneration and social security | 454/9 | €6,724 | €13,514 | +€6,791 | +101.0% |
| Other amounts payable | 47/48 | €47,085 | €45,649 | -€1,436 | -3.0% |
| Accrued charges and deferred income | 492/3 | - | €2,984 | +€2,984 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,504 | €3,357 | +€853 | +34.1% |
| Other operating charges | 640/8 | €1,414 | €1,070 | -€344 | -24.3% |
| Gross operating margin | 9900 | €32,779 | €21,252 | -€11,526 | -35.2% |
| Operating profit (loss) | 9901 | €28,861 | €16,826 | -€12,035 | -41.7% |
| Financial income | 75/76B | €22 | - | -€22 | |
| Recurring financial income | 75 | €22 | - | -€22 | |
| Financial charges | 65/66B | €3,467 | €6,804 | +€3,337 | +96.3% |
| Recurring financial charges | 65 | €3,467 | €6,804 | +€3,337 | +96.3% |
| Profit (loss) for the period before taxes | 9903 | €25,416 | €10,022 | -€15,394 | -60.6% |
| Income taxes | 67/77 | €5,428 | €2,032 | -€3,396 | -62.6% |
| Profit (loss) for the period | 9904 | €19,988 | €7,990 | -€11,998 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,988 | €7,990 | -€11,998 | -60.0% |
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 4 October 2026 via checked.be.