DRUON OD: 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.
DRUON OD
Largest movements
- Receivables within one year -€6.3m
down €6.3m (-64.4%), from €9.8m to €3.5m
of which Other amounts receivable: -€6.3m
- Tangible fixed assets -€626,031
down €626,031 (-10.0%), from €6.3m to €5.6m
of which Land and buildings: -€634,444
- Debts after one year -€4.9m
down €4.9m (-52.1%), from €9.4m to €4.5m
- Other debts -€1.2m
no longer reported in 2025 (was €1.2m)
- Reserves -€1.1m
down €1.1m (-63.4%), from €1.7m to €620,026
of which Tax-exempt reserves: -€1.1m
- Profit (loss) carried forward +€320,135
up €320,135 (+14.0%), from €2.3m to €2.6m
- Taxes +€412,592
up €412,592 (+266%), from €155,000 to €567,592
- Financial charges -€97,792
down €97,792 (-49.3%), from €198,257 to €100,465
- Depreciation +€20,796
up €20,796 (+2.9%), from €726,392 to €747,188
- Gross operating margin -€7,838
down €7,838 (-1.2%), from €668,637 to €660,800
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 | €16,131,665 | €9,195,290 | -€6.9m | -43.0% |
| Fixed assets | 21/28 | €6,262,111 | €5,636,080 | -€626,031 | -10.0% |
| Tangible fixed assets | 22/27 | €6,262,111 | €5,636,080 | -€626,031 | -10.0% |
| Land and buildings | 22 | €6,254,601 | €5,620,157 | -€634,444 | -10.1% |
| Furniture and vehicles | 24 | €7,510 | €15,923 | +€8,413 | +112% |
| Current assets | 29/58 | €9,869,554 | €3,559,210 | -€6.3m | -63.9% |
| Amounts receivable within one year | 40/41 | €9,820,191 | €3,493,798 | -€6.3m | -64.4% |
| Trade receivables | 40 | €50,183 | €17,874 | -€32,309 | -64.4% |
| Other amounts receivable | 41 | €9,770,008 | €3,475,924 | -€6.3m | -64.4% |
| Cash at bank and in hand | 54/58 | €49,363 | €65,412 | +€16,049 | +32.5% |
| Total equity and liabilities | 10/49 | €16,131,665 | €9,195,290 | -€6.9m | -43.0% |
| Equity | 10/15 | €4,877,663 | €4,122,099 | -€755,564 | -15.5% |
| Contributions | 10/11 | €901,774 | €901,774 | = | 0.0% |
| Capital | 10 | €801,443 | €801,443 | = | 0.0% |
| Issued capital | 100 | €801,443 | €801,443 | = | 0.0% |
| Contributions outside capital | 11 | €100,330 | €100,330 | = | 0.0% |
| Share premium | 1100/10 | €100,330 | €100,330 | = | 0.0% |
| Reserves | 13 | €1,695,725 | €620,026 | -€1.1m | -63.4% |
| Non-distributable reserves | 130/1 | €80,144 | €80,144 | = | 0.0% |
| Legal reserve | 130 | €80,144 | €80,144 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,265,785 | €190,086 | -€1.1m | -85.0% |
| Distributable reserves | 133 | €349,796 | €349,796 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,280,164 | €2,600,299 | +€320,135 | +14.0% |
| Amounts payable | 17/49 | €11,254,002 | €5,073,191 | -€6.2m | -54.9% |
| Amounts payable after more than one year | 17 | €9,389,509 | €4,494,529 | -€4.9m | -52.1% |
| Financial debts | 170/4 | €9,389,509 | €4,494,529 | -€4.9m | -52.1% |
| Amounts payable within one year | 42/48 | €1,735,849 | €449,163 | -€1.3m | -74.1% |
| Current portion of amounts payable after more than one year | 42 | €250,548 | €255,624 | +€5,076 | +2.0% |
| Financial debts | 43 | €40,532 | €30,280 | -€10,252 | -25.3% |
| Credit institutions | 430/8 | €40,532 | €30,280 | -€10,252 | -25.3% |
| Trade debts | 44 | €103,577 | €149,809 | +€46,232 | +44.6% |
| Suppliers | 440/4 | €103,577 | €149,809 | +€46,232 | +44.6% |
| Taxes, remuneration and social security | 45 | €106,037 | €13,450 | -€92,588 | -87.3% |
| Taxes | 450/3 | €106,037 | €13,450 | -€92,588 | -87.3% |
| Other amounts payable | 47/48 | €1,235,154 | - | -€1.2m | |
| Accrued charges and deferred income | 492/3 | €128,644 | €129,499 | +€855 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €726,392 | €747,188 | +€20,796 | +2.9% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €668,637 | €660,800 | -€7,838 | -1.2% |
| Operating profit (loss) | 9901 | -€58,840 | -€87,507 | -€28,667 | -48.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €198,257 | €100,465 | -€97,792 | -49.3% |
| Recurring financial charges | 65 | €198,257 | €100,465 | -€97,792 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | -€257,097 | -€187,972 | +€69,125 | +26.9% |
| Income taxes | 67/77 | €155,000 | €567,592 | +€412,592 | +266% |
| Profit (loss) for the period | 9904 | -€412,097 | -€755,564 | -€343,467 | -83.3% |
| Transfer from tax-exempt reserves | 789 | €1,090,086 | €1,075,699 | -€14,386 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €677,988 | €320,135 | -€357,853 | -52.8% |
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 17 October 2026 via checked.be.