DRS: 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.
DRS
Largest movements
- Cash +€31,898
up €31,898 (+666.9%), from €4,783 to €36,681
mainly Net result for the year (+€27,097) and Tax, wage and social debts (+€3,296)
- Receivables within one year -€1,965
down €1,965 (-1.7%), from €116,275 to €114,310
of which Other amounts receivable: -€5,788
- Reserves +€27,097
up €27,097 (+1457.4%), from €1,859 to €28,956
of which Distributable reserves: +€27,097
- Tax, wage and social debts +€3,296
up €3,296 (+64.5%), from €5,114 to €8,411
of which Taxes: +€3,157
- Gross operating margin +€22,034
up €22,034 (+50.7%), from €43,442 to €65,477
- Staff costs -€9,209
down €9,209 (-22.8%), from €40,368 to €31,159
- Taxes +€6,545
new in 2025: €6,545
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 | €121,476 | €151,781 | +€30,305 | +24.9% |
| Current assets | 29/58 | €121,476 | €151,781 | +€30,305 | +24.9% |
| Amounts receivable within one year | 40/41 | €116,275 | €114,310 | -€1,965 | -1.7% |
| Trade receivables | 40 | €92,472 | €96,295 | +€3,822 | +4.1% |
| Other amounts receivable | 41 | €23,803 | €18,016 | -€5,788 | -24.3% |
| Cash at bank and in hand | 54/58 | €4,783 | €36,681 | +€31,898 | +666.9% |
| Deferred charges and accrued income | 490/1 | €418 | €790 | +€372 | +89.1% |
| Total equity and liabilities | 10/49 | €121,476 | €151,781 | +€30,305 | +24.9% |
| Equity | 10/15 | €116,274 | €143,370 | +€27,097 | +23.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €28,956 | +€27,097 | +1457.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | - | €27,097 | +€27,097 | |
| Profit (loss) carried forward | 14 | €95,822 | €95,822 | = | 0.0% |
| Amounts payable | 17/49 | €5,202 | €8,411 | +€3,209 | +61.7% |
| Amounts payable within one year | 42/48 | €5,202 | €8,411 | +€3,209 | +61.7% |
| Trade debts | 44 | €15 | - | -€15 | |
| Suppliers | 440/4 | €15 | - | -€15 | |
| Taxes, remuneration and social security | 45 | €5,114 | €8,411 | +€3,296 | +64.5% |
| Taxes | 450/3 | €519 | €3,676 | +€3,157 | +608.4% |
| Remuneration and social security | 454/9 | €4,595 | €4,734 | +€139 | +3.0% |
| Other amounts payable | 47/48 | €73 | - | -€73 | |
| Remuneration, social security and pensions | 62 | €40,368 | €31,159 | -€9,209 | -22.8% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €43,442 | €65,477 | +€22,034 | +50.7% |
| Operating profit (loss) | 9901 | €2,625 | €33,856 | +€31,231 | +1189.8% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €185 | €221 | +€36 | +19.3% |
| Recurring financial charges | 65 | €185 | €221 | +€36 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €2,440 | €33,641 | +€31,202 | +1278.9% |
| Income taxes | 67/77 | - | €6,545 | +€6,545 | |
| Profit (loss) for the period | 9904 | €2,440 | €27,097 | +€24,657 | +1010.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,440 | €27,097 | +€24,657 | +1010.6% |
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 2 October 2026 via checked.be.