DRUNOVA+: 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.
DRUNOVA+
Largest movements
- Cash +€116,161
up €116,161 (+1553.1%), from €7,479 to €123,641
mainly Net result for the year (+€144,175) and Receivables within one year (+€39,711)
- Tangible fixed assets +€41,937
up €41,937 (+12.0%), from €350,000 to €391,937
of which Leasing and similar rights: +€41,937
- Receivables within one year -€39,711
down €39,711 (-39.4%), from €100,682 to €60,971
of which Trade receivables: -€45,980
- Reserves +€135,175
up €135,175 (+22.4%), from €603,967 to €739,142
- Debts after one year -€33,478
down €33,478 (-17.1%), from €195,833 to €162,355
- Current portion of long-term debt +€14,162
up €14,162 (+28.3%), from €50,000 to €64,162
- Gross operating margin +€129,957
up €129,957 (+153.0%), from €84,950 to €214,907
- Taxes +€39,176
up €39,176 (+177.1%), from €22,119 to €61,295
- Depreciation +€8,835
new in 2025: €8,835
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 | €904,788 | €1,022,738 | +€117,950 | +13.0% |
| Fixed assets | 21/28 | €790,359 | €832,296 | +€41,937 | +5.3% |
| Tangible fixed assets | 22/27 | €350,000 | €391,937 | +€41,937 | +12.0% |
| Land and buildings | 22 | €350,000 | €350,000 | = | 0.0% |
| Leasing and similar rights | 25 | - | €41,937 | +€41,937 | |
| Financial fixed assets | 28 | €440,359 | €440,359 | = | 0.0% |
| Current assets | 29/58 | €114,429 | €190,442 | +€76,012 | +66.4% |
| Amounts receivable within one year | 40/41 | €100,682 | €60,971 | -€39,711 | -39.4% |
| Trade receivables | 40 | €58,080 | €12,100 | -€45,980 | -79.2% |
| Other amounts receivable | 41 | €42,602 | €48,871 | +€6,269 | +14.7% |
| Cash at bank and in hand | 54/58 | €7,479 | €123,641 | +€116,161 | +1553.1% |
| Deferred charges and accrued income | 490/1 | €6,268 | €5,830 | -€437 | -7.0% |
| Total equity and liabilities | 10/49 | €904,788 | €1,022,738 | +€117,950 | +13.0% |
| Equity | 10/15 | €616,367 | €751,542 | +€135,175 | +21.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €603,967 | €739,142 | +€135,175 | +22.4% |
| Distributable reserves | 133 | €603,967 | €739,142 | +€135,175 | +22.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €288,422 | €271,196 | -€17,226 | -6.0% |
| Amounts payable after more than one year | 17 | €195,833 | €162,355 | -€33,478 | -17.1% |
| Financial debts | 170/4 | €195,833 | €162,355 | -€33,478 | -17.1% |
| Amounts payable within one year | 42/48 | €92,589 | €108,841 | +€16,252 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €64,162 | +€14,162 | +28.3% |
| Trade debts | 44 | €1,445 | €699 | -€746 | -51.6% |
| Suppliers | 440/4 | €1,445 | €699 | -€746 | -51.6% |
| Taxes, remuneration and social security | 45 | €26,593 | €27,422 | +€829 | +3.1% |
| Taxes | 450/3 | €24,593 | €25,422 | +€829 | +3.4% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,550 | €16,558 | +€2,008 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,835 | +€8,835 | |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €84,950 | €214,907 | +€129,957 | +153.0% |
| Operating profit (loss) | 9901 | €84,824 | €205,943 | +€121,120 | +142.8% |
| Financial income | 75/76B | €2,772 | €2,335 | -€437 | -15.8% |
| Recurring financial income | 75 | €2,772 | €2,335 | -€437 | -15.8% |
| Financial charges | 65/66B | €3,407 | €2,808 | -€599 | -17.6% |
| Recurring financial charges | 65 | €3,407 | €2,808 | -€599 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €84,189 | €205,470 | +€121,281 | +144.1% |
| Income taxes | 67/77 | €22,119 | €61,295 | +€39,176 | +177.1% |
| Profit (loss) for the period | 9904 | €62,070 | €144,175 | +€82,105 | +132.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,070 | €144,175 | +€82,105 | +132.3% |
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 9 October 2026 via checked.be.