DROESEM: 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.
DROESEM
Largest movements
- Tangible fixed assets -€28,912
down €28,912 (-12.9%), from €223,970 to €195,058
of which Land and buildings: -€15,922
- Cash -€7,226
down €7,226 (-88.1%), from €8,200 to €974
mainly Debts after one year (-€25,100) and Net result for the year (-€18,599)
- Debts after one year -€25,100
down €25,100 (-14.7%), from €170,954 to €145,854
- Profit (loss) carried forward -€18,599
down €18,599 (-26.7%), from -€69,587 to -€88,186
- Other debts +€13,463
new in 2025: €13,463
- Trade debts -€7,194
down €7,194 (-95.8%), from €7,510 to €316
- Gross operating margin -€9,059
down €9,059 (-31.6%), from €28,687 to €19,627
- Financial charges +€2,695
up €2,695 (+35.8%), from €7,519 to €10,214
- Other operating charges -€2,034
down €2,034 (-70.4%), from €2,889 to €855
- Depreciation -€1,895
down €1,895 (-6.5%), from €29,299 to €27,404
- Financial income +€462
up €462 (+70068.2%), from €1 to €463
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 | €244,705 | €209,335 | -€35,370 | -14.5% |
| Fixed assets | 21/28 | €223,970 | €195,058 | -€28,912 | -12.9% |
| Tangible fixed assets | 22/27 | €223,970 | €195,058 | -€28,912 | -12.9% |
| Land and buildings | 22 | €198,582 | €182,660 | -€15,922 | -8.0% |
| Plant, machinery and equipment | 23 | €5,903 | €4,512 | -€1,390 | -23.6% |
| Furniture and vehicles | 24 | €1,116 | €0 | -€1,116 | -100.0% |
| Leasing and similar rights | 25 | €18,370 | €7,885 | -€10,484 | -57.1% |
| Current assets | 29/58 | €20,735 | €14,277 | -€6,458 | -31.1% |
| Amounts receivable within one year | 40/41 | €12,535 | €13,303 | +€768 | +6.1% |
| Trade receivables | 40 | €5,852 | €2,021 | -€3,831 | -65.5% |
| Other amounts receivable | 41 | €6,683 | €11,283 | +€4,599 | +68.8% |
| Cash at bank and in hand | 54/58 | €8,200 | €974 | -€7,226 | -88.1% |
| Total equity and liabilities | 10/49 | €244,705 | €209,335 | -€35,370 | -14.5% |
| Equity | 10/15 | €30,863 | €12,265 | -€18,599 | -60.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €94,250 | €94,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €89 | €89 | = | 0.0% |
| Distributable reserves | 133 | €92,302 | €92,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,587 | -€88,186 | -€18,599 | -26.7% |
| Amounts payable | 17/49 | €213,842 | €197,071 | -€16,771 | -7.8% |
| Amounts payable after more than one year | 17 | €170,954 | €145,854 | -€25,100 | -14.7% |
| Financial debts | 170/4 | €170,954 | €145,854 | -€25,100 | -14.7% |
| Amounts payable within one year | 42/48 | €42,888 | €51,217 | +€8,329 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €35,151 | €37,222 | +€2,071 | +5.9% |
| Trade debts | 44 | €7,510 | €316 | -€7,194 | -95.8% |
| Suppliers | 440/4 | €7,510 | €316 | -€7,194 | -95.8% |
| Taxes, remuneration and social security | 45 | €227 | €216 | -€11 | -4.7% |
| Taxes | 450/3 | €227 | €216 | -€11 | -4.7% |
| Other amounts payable | 47/48 | - | €13,463 | +€13,463 | |
| Non-recurring operating income | 76A | - | €587 | +€587 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,299 | €27,404 | -€1,895 | -6.5% |
| Other operating charges | 640/8 | €2,889 | €855 | -€2,034 | -70.4% |
| Gross operating margin | 9900 | €28,687 | €19,627 | -€9,059 | -31.6% |
| Operating profit (loss) | 9901 | -€3,501 | -€8,632 | -€5,130 | -146.5% |
| Financial income | 75/76B | €1 | €463 | +€462 | +70068.2% |
| Recurring financial income | 75 | €1 | €463 | +€462 | +70068.2% |
| Financial charges | 65/66B | €7,519 | €10,214 | +€2,695 | +35.8% |
| Recurring financial charges | 65 | €7,519 | €10,214 | +€2,695 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,020 | -€18,382 | -€7,362 | -66.8% |
| Income taxes | 67/77 | €227 | €216 | -€11 | -4.7% |
| Profit (loss) for the period | 9904 | -€11,247 | -€18,599 | -€7,352 | -65.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,247 | -€18,599 | -€7,352 | -65.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.