Drop That Ship: 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.
Drop That Ship
Largest movements
- Receivables within one year -€15,493
down €15,493 (-60.1%), from €25,777 to €10,284
of which Trade receivables: -€17,047
- Cash -€3,689
down €3,689 (-95.2%), from €3,876 to €187
mainly Other debts (-€14,105) and Net result for the year (-€8,511)
- Deferred charges and accrued income +€1,173
new in 2025: €1,173
- Tangible fixed assets -€961
down €961 (-50.3%), from €1,909 to €948
of which Plant, machinery and equipment: -€686
- Other debts -€14,105
down €14,105 (-54.0%), from €26,099 to €11,994
- Profit (loss) carried forward -€8,511
down €8,511, from €1,551 to -€6,961
- Trade debts +€4,747
up €4,747, from €0 to €4,747
- Tax, wage and social debts -€1,100
down €1,100 (-57.5%), from €1,912 to €812
- Write-downs +€14,246
up €14,246 (+285%), from €5,000 to €19,246
- Gross operating margin +€5,360
up €5,360 (+70.8%), from €7,573 to €12,933
- Depreciation +€800
up €800 (+498%), from €161 to €961
- Other operating charges -€311
down €311 (-36.8%), from €844 to €534
- Taxes -€266
down €266 (-26.6%), from €1,000 to €734
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.
Derived cash bridge
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 | €31,562 | €12,592 | -€18,970 | -60.1% |
| Fixed assets | 21/28 | €1,909 | €948 | -€961 | -50.3% |
| Tangible fixed assets | 22/27 | €1,909 | €948 | -€961 | -50.3% |
| Plant, machinery and equipment | 23 | €1,101 | €415 | -€686 | -62.3% |
| Furniture and vehicles | 24 | €809 | €534 | -€275 | -34.0% |
| Current assets | 29/58 | €29,652 | €11,644 | -€18,008 | -60.7% |
| Amounts receivable within one year | 40/41 | €25,777 | €10,284 | -€15,493 | -60.1% |
| Trade receivables | 40 | €25,374 | €8,326 | -€17,047 | -67.2% |
| Other amounts receivable | 41 | €403 | €1,958 | +€1,555 | +386% |
| Cash at bank and in hand | 54/58 | €3,876 | €187 | -€3,689 | -95.2% |
| Deferred charges and accrued income | 490/1 | - | €1,173 | +€1,173 | |
| Total equity and liabilities | 10/49 | €31,562 | €12,592 | -€18,970 | -60.1% |
| Equity | 10/15 | €3,551 | -€4,961 | -€8,511 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,551 | -€6,961 | -€8,511 | |
| Amounts payable | 17/49 | €28,011 | €17,553 | -€10,458 | -37.3% |
| Amounts payable within one year | 42/48 | €28,011 | €17,553 | -€10,458 | -37.3% |
| Trade debts | 44 | €0 | €4,747 | +€4,747 | |
| Suppliers | 440/4 | €0 | €4,747 | +€4,747 | |
| Taxes, remuneration and social security | 45 | €1,912 | €812 | -€1,100 | -57.5% |
| Taxes | 450/3 | €1,912 | €812 | -€1,100 | -57.5% |
| Other amounts payable | 47/48 | €26,099 | €11,994 | -€14,105 | -54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161 | €961 | +€800 | +498% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,000 | €19,246 | +€14,246 | +285% |
| Other operating charges | 640/8 | €844 | €534 | -€311 | -36.8% |
| Gross operating margin | 9900 | €7,573 | €12,933 | +€5,360 | +70.8% |
| Operating profit (loss) | 9901 | €1,567 | -€7,808 | -€9,376 | |
| Financial income | 75/76B | €0 | €94 | +€94 | |
| Recurring financial income | 75 | €0 | €94 | +€94 | |
| Financial charges | 65/66B | €76 | €63 | -€13 | -16.8% |
| Recurring financial charges | 65 | €76 | €63 | -€13 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €1,492 | -€7,777 | -€9,269 | |
| Income taxes | 67/77 | €1,000 | €734 | -€266 | -26.6% |
| Profit (loss) for the period | 9904 | €492 | -€8,511 | -€9,003 | |
| Profit (loss) for the period to be appropriated | 9905 | €492 | -€8,511 | -€9,003 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.