DROUET: 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.
DROUET
Largest movements
- Cash +€36,093
up €36,093 (+64.1%), from €56,284 to €92,376
mainly Other debts (+€49,800) and Net result for the year (+€30,423)
- Stocks and contracts -€13,683
down €13,683 (-17.0%), from €80,349 to €66,666
- Receivables within one year +€6,459
up €6,459 (+13.7%), from €47,061 to €53,521
of which Other amounts receivable: +€4,682
- Other debts +€49,800
new in 2025: €49,800
- Reserves -€19,377
down €19,377 (-33.0%), from €58,691 to €39,314
- Tax, wage and social debts -€4,636
down €4,636 (-68.8%), from €6,739 to €2,103
of which Remuneration and social security: -€3,551
- Gross operating margin -€41,337
down €41,337 (-82.5%), from €50,092 to €8,754
- Write-downs -€40,141
new in 2025: -€40,141
- Staff costs -€36,314
down €36,314 (-99.3%), from €36,553 to €239
- Taxes +€9,302
up €9,302 (+431.9%), from €2,154 to €11,456
- Depreciation -€1,848
down €1,848 (-64.8%), from €2,850 to €1,002
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 | €191,639 | €219,506 | +€27,867 | +14.5% |
| Fixed assets | 21/28 | €7,945 | €6,943 | -€1,002 | -12.6% |
| Tangible fixed assets | 22/27 | €5,845 | €4,843 | -€1,002 | -17.1% |
| Plant, machinery and equipment | 23 | €293 | - | -€293 | |
| Other tangible fixed assets | 26 | €5,552 | €4,843 | -€710 | -12.8% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €183,694 | €212,563 | +€28,869 | +15.7% |
| Stocks and contracts in progress | 3 | €80,349 | €66,666 | -€13,683 | -17.0% |
| Stocks | 30/36 | €80,349 | €66,666 | -€13,683 | -17.0% |
| Amounts receivable within one year | 40/41 | €47,061 | €53,521 | +€6,459 | +13.7% |
| Trade receivables | 40 | €69 | €1,846 | +€1,777 | +2575.4% |
| Other amounts receivable | 41 | €46,992 | €51,675 | +€4,682 | +10.0% |
| Cash at bank and in hand | 54/58 | €56,284 | €92,376 | +€36,093 | +64.1% |
| Total equity and liabilities | 10/49 | €191,639 | €219,506 | +€27,867 | +14.5% |
| Equity | 10/15 | €174,152 | €154,774 | -€19,377 | -11.1% |
| Reserves | 13 | €58,691 | €39,314 | -€19,377 | -33.0% |
| Distributable reserves | 133 | €58,691 | €39,314 | -€19,377 | -33.0% |
| Profit (loss) carried forward | 14 | €115,461 | €115,461 | = | 0.0% |
| Amounts payable | 17/49 | €17,487 | €64,731 | +€47,244 | +270.2% |
| Amounts payable within one year | 42/48 | €17,487 | €64,731 | +€47,244 | +270.2% |
| Trade debts | 44 | €6,684 | €7,523 | +€839 | +12.5% |
| Suppliers | 440/4 | €6,684 | €7,523 | +€839 | +12.5% |
| Advances received on contracts in progress | 46 | €4,064 | €5,305 | +€1,241 | +30.5% |
| Taxes, remuneration and social security | 45 | €6,739 | €2,103 | -€4,636 | -68.8% |
| Taxes | 450/3 | €3,188 | €2,103 | -€1,085 | -34.0% |
| Remuneration and social security | 454/9 | €3,551 | - | -€3,551 | |
| Other amounts payable | 47/48 | - | €49,800 | +€49,800 | |
| Remuneration, social security and pensions | 62 | €36,553 | €239 | -€36,314 | -99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,850 | €1,002 | -€1,848 | -64.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€40,141 | -€40,141 | |
| Other operating charges | 640/8 | €4,936 | €3,119 | -€1,817 | -36.8% |
| Gross operating margin | 9900 | €50,092 | €8,754 | -€41,337 | -82.5% |
| Operating profit (loss) | 9901 | €5,751 | €44,534 | +€38,783 | +674.3% |
| Financial income | 75/76B | €664 | €397 | -€267 | -40.2% |
| Recurring financial income | 75 | €664 | €397 | -€267 | -40.2% |
| Financial charges | 65/66B | €1,371 | €3,053 | +€1,682 | +122.7% |
| Recurring financial charges | 65 | €1,371 | €3,053 | +€1,682 | +122.7% |
| Profit (loss) for the period before taxes | 9903 | €5,045 | €41,879 | +€36,834 | +730.1% |
| Income taxes | 67/77 | €2,154 | €11,456 | +€9,302 | +431.9% |
| Profit (loss) for the period | 9904 | €2,891 | €30,423 | +€27,532 | +952.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,891 | €30,423 | +€27,532 | +952.4% |
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 30 September 2026 via checked.be.