DRS Quality constructions: 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.
DRS Quality constructions
Largest movements
- Stocks and contracts -€53,500
down €53,500 (-98.2%), from €54,500 to €1,000
of which Contracts in progress: -€35,000
- Tangible fixed assets +€28,721
up €28,721 (+40.4%), from €71,029 to €99,749
of which Furniture and vehicles: +€27,737
- Receivables within one year -€14,937
down €14,937 (-24.2%), from €61,633 to €46,696
of which Trade receivables: -€16,970
- Cash -€3,554
down €3,554 (-19.2%), from €18,557 to €15,003
mainly Contributions, distributions and other (-€66,250) and Investment in fixed assets (net) (-€39,992)
- Reserves -€42,642
down €42,642 (-65.4%), from €65,177 to €22,535
of which Distributable reserves: -€42,642
- Trade debts +€18,919
up €18,919 (+117%), from €16,220 to €35,139
- Other debts -€15,705
down €15,705 (-55.9%), from €28,095 to €12,390
- Debts after one year -€11,879
down €11,879 (-18.8%), from €63,135 to €51,256
- Tax, wage and social debts +€7,655
up €7,655 (+107%), from €7,155 to €14,811
of which Taxes: +€8,775
- Staff costs -€48,390
down €48,390 (-96.3%), from €50,264 to €1,873
- Gross operating margin -€27,218
down €27,218 (-32.0%), from €85,003 to €57,785
- Taxes +€6,688
up €6,688 (+1,568%), from €427 to €7,115
- Depreciation -€5,157
down €5,157 (-31.4%), from €16,429 to €11,272
- Purchases and services +€3,982
up €3,982 (+1.0%), from €405,322 to €409,305
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 | €205,872 | €162,609 | -€43,263 | -21.0% |
| Fixed assets | 21/28 | €71,029 | €99,749 | +€28,721 | +40.4% |
| Tangible fixed assets | 22/27 | €71,029 | €99,749 | +€28,721 | +40.4% |
| Plant, machinery and equipment | 23 | €4,085 | €5,069 | +€984 | +24.1% |
| Furniture and vehicles | 24 | €66,943 | €94,680 | +€27,737 | +41.4% |
| Current assets | 29/58 | €134,843 | €62,860 | -€71,983 | -53.4% |
| Stocks and contracts in progress | 3 | €54,500 | €1,000 | -€53,500 | -98.2% |
| Stocks | 30/36 | €19,500 | €1,000 | -€18,500 | -94.9% |
| Contracts in progress | 37 | €35,000 | - | -€35,000 | |
| Amounts receivable within one year | 40/41 | €61,633 | €46,696 | -€14,937 | -24.2% |
| Trade receivables | 40 | €57,360 | €40,390 | -€16,970 | -29.6% |
| Other amounts receivable | 41 | €4,273 | €6,306 | +€2,033 | +47.6% |
| Cash at bank and in hand | 54/58 | €18,557 | €15,003 | -€3,554 | -19.2% |
| Deferred charges and accrued income | 490/1 | €154 | €161 | +€8 | +4.9% |
| Total equity and liabilities | 10/49 | €205,872 | €162,609 | -€43,263 | -21.0% |
| Equity | 10/15 | €83,777 | €41,135 | -€42,642 | -50.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,177 | €22,535 | -€42,642 | -65.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €63,317 | €20,675 | -€42,642 | -67.3% |
| Amounts payable | 17/49 | €122,095 | €121,474 | -€621 | -0.5% |
| Amounts payable after more than one year | 17 | €63,135 | €51,256 | -€11,879 | -18.8% |
| Financial debts | 170/4 | €63,135 | €51,256 | -€11,879 | -18.8% |
| Amounts payable within one year | 42/48 | €58,960 | €70,219 | +€11,258 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €7,491 | €7,879 | +€389 | +5.2% |
| Trade debts | 44 | €16,220 | €35,139 | +€18,919 | +117% |
| Suppliers | 440/4 | €16,220 | €35,139 | +€18,919 | +117% |
| Taxes, remuneration and social security | 45 | €7,155 | €14,811 | +€7,655 | +107% |
| Taxes | 450/3 | €2,035 | €10,811 | +€8,775 | +431% |
| Remuneration and social security | 454/9 | €5,120 | €4,000 | -€1,120 | -21.9% |
| Other amounts payable | 47/48 | €28,095 | €12,390 | -€15,705 | -55.9% |
| Non-recurring operating income | 76A | €11,432 | €4,109 | -€7,323 | -64.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €405,322 | €409,305 | +€3,982 | +1.0% |
| Remuneration, social security and pensions | 62 | €50,264 | €1,873 | -€48,390 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,429 | €11,272 | -€5,157 | -31.4% |
| Other operating charges | 640/8 | €3,398 | €4,012 | +€614 | +18.1% |
| Non-recurring operating charges | 66A | - | €7,900 | +€7,900 | |
| Gross operating margin | 9900 | €85,003 | €57,785 | -€27,218 | -32.0% |
| Operating profit (loss) | 9901 | €14,913 | €32,728 | +€17,815 | +119% |
| Financial income | 75/76B | €38 | €296 | +€258 | +681% |
| Recurring financial income | 75 | €38 | €296 | +€258 | +681% |
| Financial charges | 65/66B | €1,996 | €2,301 | +€305 | +15.3% |
| Recurring financial charges | 65 | €1,996 | €2,301 | +€305 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €12,954 | €30,723 | +€17,769 | +137% |
| Income taxes | 67/77 | €427 | €7,115 | +€6,688 | +1,568% |
| Profit (loss) for the period | 9904 | €12,528 | €23,608 | +€11,081 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,528 | €23,608 | +€11,081 | +88.5% |
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 25 October 2026 via checked.be.