DRUMS & 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.
DRUMS & CO
Largest movements
- Cash -€14,644
down €14,644 (-65.3%), from €22,435 to €7,791
mainly Net result for the year (-€34,081) and Investment in fixed assets (net) (-€18,524)
- Tangible fixed assets +€12,607
up €12,607 (+97.4%), from €12,942 to €25,549
of which Land and buildings: +€13,572
- Stocks and contracts -€10,000
down €10,000 (-2.7%), from €364,519 to €354,519
- Receivables within one year -€8,615
down €8,615 (-29.5%), from €29,213 to €20,599
of which Trade receivables: -€9,864
- Reserves -€34,081
down €34,081 (-15.3%), from €223,155 to €189,074
of which Distributable reserves: -€34,081
- Debts after one year +€33,581
new in 2025: €33,581
- Trade debts -€11,789
down €11,789 (-12.8%), from €92,408 to €80,620
- Current portion of long-term debt +€9,517
new in 2025: €9,517
- Short-term financial debts -€9,500
down €9,500 (-47.5%), from €20,000 to €10,500
- Gross operating margin -€29,593
down €29,593 (-29.2%), from €101,450 to €71,857
- Staff costs +€4,923
up €4,923 (+5.7%), from €86,522 to €91,445
- Taxes -€1,382
down €1,382 (-86.5%), from €1,597 to €215
- Financial charges -€1,361
down €1,361 (-17.9%), from €7,614 to €6,253
- Depreciation +€1,190
up €1,190 (+25.2%), from €4,727 to €5,917
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 | €432,196 | €410,712 | -€21,485 | -5.0% |
| Fixed assets | 21/28 | €13,293 | €25,900 | +€12,607 | +94.8% |
| Tangible fixed assets | 22/27 | €12,942 | €25,549 | +€12,607 | +97.4% |
| Land and buildings | 22 | €6,646 | €20,218 | +€13,572 | +204.2% |
| Plant, machinery and equipment | 23 | €1,808 | €2,751 | +€943 | +52.2% |
| Furniture and vehicles | 24 | €4,489 | €2,580 | -€1,909 | -42.5% |
| Financial fixed assets | 28 | €351 | €351 | = | 0.0% |
| Current assets | 29/58 | €418,903 | €384,812 | -€34,091 | -8.1% |
| Stocks and contracts in progress | 3 | €364,519 | €354,519 | -€10,000 | -2.7% |
| Stocks | 30/36 | €364,519 | €354,519 | -€10,000 | -2.7% |
| Amounts receivable within one year | 40/41 | €29,213 | €20,599 | -€8,615 | -29.5% |
| Trade receivables | 40 | €29,213 | €19,349 | -€9,864 | -33.8% |
| Other amounts receivable | 41 | - | €1,250 | +€1,250 | |
| Cash at bank and in hand | 54/58 | €22,435 | €7,791 | -€14,644 | -65.3% |
| Deferred charges and accrued income | 490/1 | €2,736 | €1,903 | -€833 | -30.4% |
| Total equity and liabilities | 10/49 | €432,196 | €410,712 | -€21,485 | -5.0% |
| Equity | 10/15 | €241,755 | €207,674 | -€34,081 | -14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €223,155 | €189,074 | -€34,081 | -15.3% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €213,155 | €179,074 | -€34,081 | -16.0% |
| Amounts payable | 17/49 | €190,441 | €203,038 | +€12,596 | +6.6% |
| Amounts payable after more than one year | 17 | - | €33,581 | +€33,581 | |
| Financial debts | 170/4 | - | €33,581 | +€33,581 | |
| Amounts payable within one year | 42/48 | €187,195 | €165,797 | -€21,397 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | - | €9,517 | +€9,517 | |
| Financial debts | 43 | €20,000 | €10,500 | -€9,500 | -47.5% |
| Credit institutions | 430/8 | €20,000 | €10,500 | -€9,500 | -47.5% |
| Trade debts | 44 | €92,408 | €80,620 | -€11,789 | -12.8% |
| Suppliers | 440/4 | €92,408 | €80,620 | -€11,789 | -12.8% |
| Taxes, remuneration and social security | 45 | €57,323 | €49,141 | -€8,182 | -14.3% |
| Taxes | 450/3 | €29,205 | €25,505 | -€3,701 | -12.7% |
| Remuneration and social security | 454/9 | €28,118 | €23,637 | -€4,481 | -15.9% |
| Other amounts payable | 47/48 | €17,463 | €16,019 | -€1,444 | -8.3% |
| Accrued charges and deferred income | 492/3 | €3,247 | €3,659 | +€412 | +12.7% |
| Remuneration, social security and pensions | 62 | €86,522 | €91,445 | +€4,923 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,727 | €5,917 | +€1,190 | +25.2% |
| Other operating charges | 640/8 | €6,226 | €6,439 | +€213 | +3.4% |
| Gross operating margin | 9900 | €101,450 | €71,857 | -€29,593 | -29.2% |
| Operating profit (loss) | 9901 | €3,975 | -€31,944 | -€35,919 | |
| Financial income | 75/76B | €4,414 | €4,331 | -€83 | -1.9% |
| Recurring financial income | 75 | €4,414 | €4,331 | -€83 | -1.9% |
| Financial charges | 65/66B | €7,614 | €6,253 | -€1,361 | -17.9% |
| Recurring financial charges | 65 | €7,614 | €6,253 | -€1,361 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €775 | -€33,866 | -€34,640 | |
| Income taxes | 67/77 | €1,597 | €215 | -€1,382 | -86.5% |
| Profit (loss) for the period | 9904 | -€823 | -€34,081 | -€33,258 | -4042.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€823 | -€34,081 | -€33,258 | -4042.5% |
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 7 October 2026 via checked.be.