DRUKMAN: 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.
DRUKMAN
Largest movements
- Cash +€22,551
up €22,551 (+2609.6%), from €864 to €23,415
mainly Tax, wage and social debts (+€20,040) and Depreciation (+€15,505)
- Financial fixed assets +€20,500
up €20,500 (+2050.0%), from €1,000 to €21,500
- Stocks and contracts -€10,621
down €10,621 (-28.0%), from €37,961 to €27,340
- Receivables within one year +€9,763
up €9,763 (+9.7%), from €100,202 to €109,965
of which Trade receivables: +€40,284
- Tangible fixed assets -€6,411
down €6,411 (-11.5%), from €55,568 to €49,157
of which Plant, machinery and equipment: -€7,245
- Tax, wage and social debts +€20,040
up €20,040 (+223.9%), from €8,949 to €28,989
of which Taxes: +€17,533
- Trade debts +€14,328
up €14,328 (+49.6%), from €28,866 to €43,194
- Other debts +€9,124
up €9,124 (+11067.4%), from €82 to €9,206
- Debts after one year -€9,037
down €9,037 (-17.4%), from €52,037 to €43,000
of which Financial debts: -€9,037
- Profit (loss) carried forward +€6,133
up €6,133 (+43.4%), from -€14,132 to -€7,999
- Staff costs +€32,578
up €32,578 (+20.3%), from €160,855 to €193,432
- Gross operating margin +€28,194
up €28,194 (+14.0%), from €201,766 to €229,960
- Depreciation -€6,084
down €6,084 (-28.2%), from €21,589 to €15,505
- Financial charges -€4,680
down €4,680 (-39.4%), from €11,883 to €7,203
of which Non-recurring financial charges: -€4,140
- Taxes +€3,965
new in 2025: €3,965
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 | €233,057 | €268,091 | +€35,034 | +15.0% |
| Fixed assets | 21/28 | €62,411 | €78,178 | +€15,767 | +25.3% |
| Intangible fixed assets | 21 | €5,843 | €7,521 | +€1,678 | +28.7% |
| Tangible fixed assets | 22/27 | €55,568 | €49,157 | -€6,411 | -11.5% |
| Land and buildings | 22 | €33,973 | €29,183 | -€4,790 | -14.1% |
| Plant, machinery and equipment | 23 | €20,586 | €13,341 | -€7,245 | -35.2% |
| Furniture and vehicles | 24 | €1,009 | €6,633 | +€5,624 | +557.4% |
| Financial fixed assets | 28 | €1,000 | €21,500 | +€20,500 | +2050.0% |
| Current assets | 29/58 | €170,646 | €189,913 | +€19,266 | +11.3% |
| Stocks and contracts in progress | 3 | €37,961 | €27,340 | -€10,621 | -28.0% |
| Stocks | 30/36 | €37,961 | €27,340 | -€10,621 | -28.0% |
| Amounts receivable within one year | 40/41 | €100,202 | €109,965 | +€9,763 | +9.7% |
| Trade receivables | 40 | €69,558 | €109,842 | +€40,284 | +57.9% |
| Other amounts receivable | 41 | €30,644 | €122 | -€30,521 | -99.6% |
| Cash at bank and in hand | 54/58 | €864 | €23,415 | +€22,551 | +2609.6% |
| Deferred charges and accrued income | 490/1 | €31,619 | €29,193 | -€2,426 | -7.7% |
| Total equity and liabilities | 10/49 | €233,057 | €268,091 | +€35,034 | +15.0% |
| Equity | 10/15 | €12,568 | €18,701 | +€6,133 | +48.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,700 | €1,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,700 | €0 | -€1,700 | -100.0% |
| Reserves not available under the articles | 1311 | €1,700 | €0 | -€1,700 | -100.0% |
| Distributable reserves | 133 | - | €1,700 | +€1,700 | |
| Profit (loss) carried forward | 14 | -€14,132 | -€7,999 | +€6,133 | +43.4% |
| Amounts payable | 17/49 | €220,489 | €249,390 | +€28,901 | +13.1% |
| Amounts payable after more than one year | 17 | €52,037 | €43,000 | -€9,037 | -17.4% |
| Financial debts | 170/4 | €9,037 | €0 | -€9,037 | -100.0% |
| Other amounts payable | 178/9 | €43,000 | €43,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €168,452 | €206,390 | +€37,937 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €5,555 | €0 | -€5,555 | -100.0% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €28,866 | €43,194 | +€14,328 | +49.6% |
| Suppliers | 440/4 | €28,866 | €43,194 | +€14,328 | +49.6% |
| Taxes, remuneration and social security | 45 | €8,949 | €28,989 | +€20,040 | +223.9% |
| Taxes | 450/3 | €5,386 | €22,919 | +€17,533 | +325.5% |
| Remuneration and social security | 454/9 | €3,563 | €6,070 | +€2,507 | +70.4% |
| Other amounts payable | 47/48 | €82 | €9,206 | +€9,124 | +11067.4% |
| Non-recurring operating income | 76A | €2,152 | €0 | -€2,152 | -100.0% |
| Remuneration, social security and pensions | 62 | €160,855 | €193,432 | +€32,578 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,589 | €15,505 | -€6,084 | -28.2% |
| Non-recurring operating charges | 66A | - | €4,494 | +€4,494 | |
| Gross operating margin | 9900 | €201,766 | €229,960 | +€28,194 | +14.0% |
| Operating profit (loss) | 9901 | €19,322 | €16,528 | -€2,794 | -14.5% |
| Financial income | 75/76B | €34 | €773 | +€739 | +2190.1% |
| Recurring financial income | 75 | €34 | €773 | +€739 | +2190.1% |
| Financial charges | 65/66B | €11,883 | €7,203 | -€4,680 | -39.4% |
| Recurring financial charges | 65 | €7,743 | €7,203 | -€540 | -7.0% |
| Non-recurring financial charges | 66B | €4,140 | - | -€4,140 | |
| Profit (loss) for the period before taxes | 9903 | €7,473 | €10,098 | +€2,626 | +35.1% |
| Income taxes | 67/77 | - | €3,965 | +€3,965 | |
| Profit (loss) for the period | 9904 | €7,473 | €6,133 | -€1,340 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,473 | €6,133 | -€1,340 | -17.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.