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DRUMAS: 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.

What changed

DRUMAS

BE 0756.905.747
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,629
2024 · €18,240-€13,611
Equity
€38,130
2024 · €33,500+€4,629
Cash
€4,100
2024 · €21,583-€17,483
Balance sheet total
€234,339
2024 · €263,702-€29,363

Largest movements

2024 to 2025
Assets
  • Cash -€17,483

    down €17,483 (-81.0%), from €21,583 to €4,100

    mainly Debts after one year (-€14,462) and Other debts (-€12,000)

  • Tangible fixed assets -€7,003

    down €7,003 (-3.0%), from €232,248 to €225,245

  • Receivables within one year -€4,878

    down €4,878 (-49.4%), from €9,871 to €4,994

    of which Trade receivables: -€9,871

Equity and liabilities
  • Debts after one year -€14,462

    down €14,462 (-9.1%), from €158,599 to €144,137

  • Other debts -€12,000

    down €12,000 (-30.8%), from €38,972 to €26,972

  • Trade debts -€6,272

    down €6,272 (-97.0%), from €6,463 to €191

  • Profit (loss) carried forward +€4,629

    up €4,629 (+16.2%), from €28,500 to €33,130

Income statement
  • Gross operating margin -€17,999

    down €17,999 (-48.0%), from €37,475 to €19,477

  • Taxes -€5,196

    down €5,196 (-77.5%), from €6,702 to €1,506

  • Depreciation +€791

    up €791 (+10.4%), from €7,597 to €8,388

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €18,240
Gross operating margin -€17,999
Depreciation -€791
Other operating charges -€281
Financial income +€14
Financial charges +€249
Taxes +€5,196
Result 2025 €4,629

Cash bridge derived

cash 2024 to 2025

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.

From operations -€1,918
Investment -€1,385
Financing -€14,180
Cash 2024 €21,583
Net result for the year +€4,629
Depreciation +€8,388
Receivables within one year +€4,878
Trade debts -€6,272
Advances received -€1,214
Other debts -€12,000
Accrued charges and deferred income -€327
Investment in fixed assets (net) -€1,385
Debts after one year -€14,462
Current portion of long-term debt +€282
Cash 2025 €4,100
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €263,702 €234,339 -€29,363 -11.1%
Fixed assets 21/28 €232,248 €225,245 -€7,003 -3.0%
Tangible fixed assets 22/27 €232,248 €225,245 -€7,003 -3.0%
Land and buildings 22 €232,248 €225,245 -€7,003 -3.0%
Current assets 29/58 €31,454 €9,094 -€22,361 -71.1%
Amounts receivable within one year 40/41 €9,871 €4,994 -€4,878 -49.4%
Trade receivables 40 €9,871 €0 -€9,871 -100.0%
Other amounts receivable 41 - €4,994 +€4,994
Cash at bank and in hand 54/58 €21,583 €4,100 -€17,483 -81.0%
Total equity and liabilities 10/49 €263,702 €234,339 -€29,363 -11.1%
Equity 10/15 €33,500 €38,130 +€4,629 +13.8%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €28,500 €33,130 +€4,629 +16.2%
Amounts payable 17/49 €230,202 €196,209 -€33,993 -14.8%
Amounts payable after more than one year 17 €158,599 €144,137 -€14,462 -9.1%
Financial debts 170/4 €158,599 €144,137 -€14,462 -9.1%
Amounts payable within one year 42/48 €68,724 €49,520 -€19,203 -27.9%
Current portion of amounts payable after more than one year 42 €15,373 €15,655 +€282 +1.8%
Trade debts 44 €6,463 €191 -€6,272 -97.0%
Suppliers 440/4 €6,463 €191 -€6,272 -97.0%
Advances received on contracts in progress 46 €1,214 €0 -€1,214 -100.0%
Taxes, remuneration and social security 45 €6,702 €6,702 = 0.0%
Taxes 450/3 €6,702 €6,702 = 0.0%
Other amounts payable 47/48 €38,972 €26,972 -€12,000 -30.8%
Accrued charges and deferred income 492/3 €2,879 €2,552 -€327 -11.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,597 €8,388 +€791 +10.4%
Other operating charges 640/8 €1,456 €1,737 +€281 +19.3%
Gross operating margin 9900 €37,475 €19,477 -€17,999 -48.0%
Operating profit (loss) 9901 €28,423 €9,352 -€19,070 -67.1%
Financial income 75/76B - €14 +€14
Recurring financial income 75 - €14 +€14
Financial charges 65/66B €3,480 €3,231 -€249 -7.2%
Recurring financial charges 65 €3,480 €3,231 -€249 -7.2%
Profit (loss) for the period before taxes 9903 €24,942 €6,136 -€18,807 -75.4%
Income taxes 67/77 €6,702 €1,506 -€5,196 -77.5%
Profit (loss) for the period 9904 €18,240 €4,629 -€13,611 -74.6%
Profit (loss) for the period to be appropriated 9905 €18,240 €4,629 -€13,611 -74.6%

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 28 September 2026 via checked.be.