Drouet&Co: 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&Co
Largest movements
- Tangible fixed assets -€7,379
down €7,379 (-5.5%), from €135,340 to €127,961
of which Land and buildings: -€4,864
- Cash -€2,881
down €2,881 (-70.0%), from €4,114 to €1,233
mainly Debts after one year (-€9,671) and Current portion of long-term debt (-€6,045)
- Debts after one year -€9,671
down €9,671 (-11.0%), from €88,085 to €78,414
- Other debts +€7,917
up €7,917 (+77.7%), from €10,196 to €18,113
- Current portion of long-term debt -€6,045
down €6,045 (-38.5%), from €15,716 to €9,671
- Tax, wage and social debts -€2,548
down €2,548 (-44.0%), from €5,789 to €3,240
of which Remuneration and social security: -€1,900
- Trade debts -€1,867
down €1,867 (-94.6%), from €1,974 to €107
- Depreciation -€2,115
down €2,115 (-22.3%), from €9,494 to €7,379
- Gross operating margin -€1,452
down €1,452 (-8.0%), from €18,200 to €16,748
- Financial charges -€418
down €418 (-9.0%), from €4,648 to €4,231
- Taxes -€298
down €298 (-16.9%), from €1,760 to €1,462
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 | €142,698 | €130,080 | -€12,618 | -8.8% |
| Fixed assets | 21/28 | €135,340 | €127,961 | -€7,379 | -5.5% |
| Tangible fixed assets | 22/27 | €135,340 | €127,961 | -€7,379 | -5.5% |
| Land and buildings | 22 | €128,717 | €123,854 | -€4,864 | -3.8% |
| Plant, machinery and equipment | 23 | €6,005 | €4,107 | -€1,898 | -31.6% |
| Furniture and vehicles | 24 | €617 | - | -€617 | |
| Current assets | 29/58 | €7,358 | €2,119 | -€5,239 | -71.2% |
| Stocks and contracts in progress | 3 | €860 | - | -€860 | |
| Stocks | 30/36 | €860 | - | -€860 | |
| Amounts receivable within one year | 40/41 | €2,207 | €826 | -€1,380 | -62.5% |
| Trade receivables | 40 | €2,207 | €826 | -€1,380 | -62.5% |
| Cash at bank and in hand | 54/58 | €4,114 | €1,233 | -€2,881 | -70.0% |
| Deferred charges and accrued income | 490/1 | €177 | €60 | -€118 | -66.4% |
| Total equity and liabilities | 10/49 | €142,698 | €130,080 | -€12,618 | -8.8% |
| Equity | 10/15 | €18,268 | €19,534 | +€1,266 | +6.9% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,208 | €7,474 | +€1,266 | +20.4% |
| Amounts payable | 17/49 | €124,430 | €110,546 | -€13,884 | -11.2% |
| Amounts payable after more than one year | 17 | €88,085 | €78,414 | -€9,671 | -11.0% |
| Financial debts | 170/4 | €88,085 | €78,414 | -€9,671 | -11.0% |
| Amounts payable within one year | 42/48 | €36,345 | €32,132 | -€4,213 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €15,716 | €9,671 | -€6,045 | -38.5% |
| Trade debts | 44 | €1,974 | €107 | -€1,867 | -94.6% |
| Suppliers | 440/4 | €1,974 | €107 | -€1,867 | -94.6% |
| Advances received on contracts in progress | 46 | €2,670 | €1,000 | -€1,670 | -62.5% |
| Taxes, remuneration and social security | 45 | €5,789 | €3,240 | -€2,548 | -44.0% |
| Taxes | 450/3 | €3,889 | €3,240 | -€648 | -16.7% |
| Remuneration and social security | 454/9 | €1,900 | - | -€1,900 | |
| Other amounts payable | 47/48 | €10,196 | €18,113 | +€7,917 | +77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,494 | €7,379 | -€2,115 | -22.3% |
| Other operating charges | 640/8 | €2,523 | €2,416 | -€108 | -4.3% |
| Gross operating margin | 9900 | €18,200 | €16,748 | -€1,452 | -8.0% |
| Operating profit (loss) | 9901 | €6,184 | €6,953 | +€770 | +12.4% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €4,648 | €4,231 | -€418 | -9.0% |
| Recurring financial charges | 65 | €4,648 | €4,231 | -€418 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €1,535 | €2,728 | +€1,193 | +77.7% |
| Income taxes | 67/77 | €1,760 | €1,462 | -€298 | -16.9% |
| Profit (loss) for the period | 9904 | -€224 | €1,266 | +€1,491 | |
| Profit (loss) for the period to be appropriated | 9905 | -€224 | €1,266 | +€1,491 |
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 6 October 2026 via checked.be.