DROFOCON: 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.
DROFOCON
Largest movements
- Stocks and contracts -€176,047
down €176,047 (-47.4%), from €371,276 to €195,229
- Cash +€63,501
up €63,501 (+221.7%), from €28,637 to €92,138
mainly Stocks and contracts (+€176,047) and Net result for the year (+€39,683)
- Receivables within one year +€8,997
up €8,997 (+395.9%), from €2,273 to €11,270
of which Trade receivables: +€4,853
- Deferred charges and accrued income -€7,221
down €7,221 (-51.4%), from €14,038 to €6,817
- Debts after one year -€165,692
down €165,692 (-73.7%), from €224,790 to €59,097
- Reserves +€38,850
up €38,850 (+46.9%), from €82,851 to €121,701
- Other debts +€15,980
up €15,980 (+18.0%), from €88,684 to €104,664
- Gross operating margin +€56,364
up €56,364 (+306.9%), from €18,368 to €74,731
- Taxes +€14,824
up €14,824 (+488.4%), from €3,035 to €17,860
- Financial charges +€8,901
up €8,901 (+127.0%), from €7,008 to €15,909
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 | €433,979 | €322,581 | -€111,398 | -25.7% |
| Fixed assets | 21/28 | €7,805 | €7,177 | -€628 | -8.0% |
| Tangible fixed assets | 22/27 | €7,712 | €7,084 | -€628 | -8.1% |
| Plant, machinery and equipment | 23 | €56 | €0 | -€56 | -100.0% |
| Furniture and vehicles | 24 | €3,259 | €2,687 | -€572 | -17.6% |
| Other tangible fixed assets | 26 | €4,397 | €4,397 | = | 0.0% |
| Financial fixed assets | 28 | €94 | €94 | = | 0.0% |
| Current assets | 29/58 | €426,174 | €315,404 | -€110,770 | -26.0% |
| Stocks and contracts in progress | 3 | €371,276 | €195,229 | -€176,047 | -47.4% |
| Stocks | 30/36 | €371,276 | €195,229 | -€176,047 | -47.4% |
| Amounts receivable within one year | 40/41 | €2,273 | €11,270 | +€8,997 | +395.9% |
| Trade receivables | 40 | €308 | €5,161 | +€4,853 | +1576.2% |
| Other amounts receivable | 41 | €1,965 | €6,109 | +€4,144 | +210.9% |
| Current investments | 50/53 | €9,951 | €9,951 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,637 | €92,138 | +€63,501 | +221.7% |
| Deferred charges and accrued income | 490/1 | €14,038 | €6,817 | -€7,221 | -51.4% |
| Total equity and liabilities | 10/49 | €433,979 | €322,581 | -€111,398 | -25.7% |
| Equity | 10/15 | €85,851 | €124,701 | +€38,850 | +45.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,851 | €121,701 | +€38,850 | +46.9% |
| Distributable reserves | 133 | €82,851 | €121,701 | +€38,850 | +46.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €348,128 | €197,880 | -€150,248 | -43.2% |
| Amounts payable after more than one year | 17 | €224,790 | €59,097 | -€165,692 | -73.7% |
| Financial debts | 170/4 | €224,790 | €59,097 | -€165,692 | -73.7% |
| Amounts payable within one year | 42/48 | €119,094 | €137,545 | +€18,451 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €7,895 | €8,075 | +€180 | +2.3% |
| Trade debts | 44 | €19,614 | €18,708 | -€905 | -4.6% |
| Suppliers | 440/4 | €19,614 | €18,708 | -€905 | -4.6% |
| Taxes, remuneration and social security | 45 | €2,901 | €6,098 | +€3,197 | +110.2% |
| Taxes | 450/3 | €2,901 | €6,098 | +€3,197 | +110.2% |
| Other amounts payable | 47/48 | €88,684 | €104,664 | +€15,980 | +18.0% |
| Accrued charges and deferred income | 492/3 | €4,245 | €1,238 | -€3,007 | -70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,466 | €1,175 | -€291 | -19.8% |
| Other operating charges | 640/8 | €739 | €671 | -€68 | -9.2% |
| Gross operating margin | 9900 | €18,368 | €74,731 | +€56,364 | +306.9% |
| Operating profit (loss) | 9901 | €16,163 | €72,885 | +€56,723 | +350.9% |
| Financial income | 75/76B | €26 | €566 | +€540 | +2068.4% |
| Recurring financial income | 75 | €26 | €566 | +€540 | +2068.4% |
| Financial charges | 65/66B | €7,008 | €15,909 | +€8,901 | +127.0% |
| Recurring financial charges | 65 | €7,008 | €15,909 | +€8,901 | +127.0% |
| Profit (loss) for the period before taxes | 9903 | €9,181 | €57,543 | +€48,362 | +526.8% |
| Income taxes | 67/77 | €3,035 | €17,860 | +€14,824 | +488.4% |
| Profit (loss) for the period | 9904 | €6,146 | €39,683 | +€33,537 | +545.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,146 | €39,683 | +€33,537 | +545.7% |
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 12 October 2026 via checked.be.