DRMV GEREND: 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.
DRMV GEREND
Largest movements
- Current investments +€321,037
new in 2025: €321,037
- Receivables after one year +€232,900
up €232,900 (+30.5%), from €763,100 to €996,000
- Receivables within one year -€188,413
down €188,413 (-54.2%), from €347,495 to €159,082
- Cash -€121,759
down €121,759 (-7.1%), from €1.7m to €1.6m
mainly Current investments (-€321,037) and Receivables after one year (-€232,900)
- Reserves +€232,052
up €232,052 (+8.4%), from €2.8m to €3.0m
- Gross operating margin -€155,700
down €155,700 (-27.5%), from €565,612 to €409,912
- Taxes -€44,922
down €44,922 (-25.6%), from €175,165 to €130,243
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 | €2,860,673 | €3,116,055 | +€255,382 | +8.9% |
| Fixed assets | 21/28 | €28,034 | €39,652 | +€11,618 | +41.4% |
| Tangible fixed assets | 22/27 | €28,034 | €39,652 | +€11,618 | +41.4% |
| Land and buildings | 22 | €4,661 | €7,099 | +€2,437 | +52.3% |
| Plant, machinery and equipment | 23 | €932 | €2,534 | +€1,603 | +172.0% |
| Furniture and vehicles | 24 | €15,616 | €23,346 | +€7,730 | +49.5% |
| Other tangible fixed assets | 26 | €6,824 | €6,672 | -€152 | -2.2% |
| Current assets | 29/58 | €2,832,639 | €3,076,403 | +€243,764 | +8.6% |
| Amounts receivable after more than one year | 29 | €763,100 | €996,000 | +€232,900 | +30.5% |
| Other amounts receivable | 291 | €763,100 | €996,000 | +€232,900 | +30.5% |
| Amounts receivable within one year | 40/41 | €347,495 | €159,082 | -€188,413 | -54.2% |
| Other amounts receivable | 41 | €347,495 | €159,082 | -€188,413 | -54.2% |
| Current investments | 50/53 | - | €321,037 | +€321,037 | |
| Cash at bank and in hand | 54/58 | €1,722,044 | €1,600,285 | -€121,759 | -7.1% |
| Total equity and liabilities | 10/49 | €2,860,673 | €3,116,055 | +€255,382 | +8.9% |
| Equity | 10/15 | €2,790,637 | €3,026,824 | +€236,188 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,756,108 | €2,988,160 | +€232,052 | +8.4% |
| Distributable reserves | 133 | €2,756,108 | €2,988,160 | +€232,052 | +8.4% |
| Profit (loss) carried forward | 14 | €15,929 | €20,064 | +€4,135 | +26.0% |
| Amounts payable | 17/49 | €70,036 | €89,230 | +€19,194 | +27.4% |
| Amounts payable within one year | 42/48 | €70,036 | €89,230 | +€19,194 | +27.4% |
| Trade debts | 44 | €577 | €555 | -€22 | -3.8% |
| Suppliers | 440/4 | €577 | €555 | -€22 | -3.8% |
| Taxes, remuneration and social security | 45 | €69,459 | €87,747 | +€18,287 | +26.3% |
| Taxes | 450/3 | €69,459 | €87,747 | +€18,287 | +26.3% |
| Other amounts payable | 47/48 | - | €929 | +€929 | |
| Non-recurring operating income | 76A | €111,734 | - | -€111,734 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,183 | €8,395 | +€2,212 | +35.8% |
| Other operating charges | 640/8 | €5,269 | €2,193 | -€3,076 | -58.4% |
| Gross operating margin | 9900 | €565,612 | €409,912 | -€155,700 | -27.5% |
| Operating profit (loss) | 9901 | €554,160 | €399,324 | -€154,836 | -27.9% |
| Financial income | 75/76B | €2,035 | €5,260 | +€3,225 | +158.4% |
| Recurring financial income | 75 | €2,035 | €5,260 | +€3,225 | +158.4% |
| Financial charges | 65/66B | €180 | €206 | +€26 | +14.3% |
| Recurring financial charges | 65 | €180 | €206 | +€26 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €556,015 | €404,378 | -€151,637 | -27.3% |
| Income taxes | 67/77 | €175,165 | €130,243 | -€44,922 | -25.6% |
| Profit (loss) for the period | 9904 | €380,850 | €274,135 | -€106,715 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €380,850 | €274,135 | -€106,715 | -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 9 October 2026 via checked.be.