DRUON RD: 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.
DRUON RD
Largest movements
- Receivables within one year -€5.9m
down €5.9m (-91.3%), from €6.4m to €559,950
of which Other amounts receivable: -€5.9m
- Debts after one year -€4.7m
down €4.7m (-94.0%), from €5.0m to €299,279
- Other debts -€1.2m
down €1.2m (-99.8%), from €1.2m to €2,385
- Financial charges -€94,290
down €94,290 (-87.9%), from €107,255 to €12,965
- Taxes +€80,288
up €80,288 (+13949.8%), from €576 to €80,863
- Gross operating margin +€76,647
up €76,647 (+2167.8%), from €3,536 to €80,183
- Other operating charges -€7,016
down €7,016 (-86.2%), from €8,134 to €1,118
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 | €7,658,045 | €1,751,665 | -€5.9m | -77.1% |
| Fixed assets | 21/28 | €1,202,336 | €1,175,153 | -€27,182 | -2.3% |
| Tangible fixed assets | 22/27 | €1,196,136 | €1,168,953 | -€27,182 | -2.3% |
| Land and buildings | 22 | €1,196,136 | €1,168,953 | -€27,182 | -2.3% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €6,455,710 | €576,512 | -€5.9m | -91.1% |
| Amounts receivable within one year | 40/41 | €6,440,359 | €559,950 | -€5.9m | -91.3% |
| Trade receivables | 40 | - | €10,250 | +€10,250 | |
| Other amounts receivable | 41 | €6,440,359 | €549,700 | -€5.9m | -91.5% |
| Cash at bank and in hand | 54/58 | €15,351 | €16,562 | +€1,212 | +7.9% |
| Total equity and liabilities | 10/49 | €7,658,045 | €1,751,665 | -€5.9m | -77.1% |
| Equity | 10/15 | €1,442,447 | €1,400,500 | -€41,947 | -2.9% |
| Contributions | 10/11 | €1,325,343 | €1,325,343 | = | 0.0% |
| Capital | 10 | €1,325,343 | €1,325,343 | = | 0.0% |
| Issued capital | 100 | €1,325,343 | €1,325,343 | = | 0.0% |
| Reserves | 13 | €132,534 | €132,534 | = | 0.0% |
| Non-distributable reserves | 130/1 | €132,534 | €132,534 | = | 0.0% |
| Legal reserve | 130 | €132,534 | €132,534 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,431 | -€57,378 | -€41,947 | -271.8% |
| Amounts payable | 17/49 | €6,215,598 | €351,165 | -€5.9m | -94.4% |
| Amounts payable after more than one year | 17 | €4,986,669 | €299,279 | -€4.7m | -94.0% |
| Financial debts | 170/4 | €4,986,669 | €299,279 | -€4.7m | -94.0% |
| Amounts payable within one year | 42/48 | €1,228,930 | €50,821 | -€1.2m | -95.9% |
| Current portion of amounts payable after more than one year | 42 | €46,479 | €48,034 | +€1,555 | +3.3% |
| Trade debts | 44 | €871 | €402 | -€469 | -53.9% |
| Suppliers | 440/4 | €871 | €402 | -€469 | -53.9% |
| Taxes, remuneration and social security | 45 | €27,836 | - | -€27,836 | |
| Taxes | 450/3 | €27,836 | - | -€27,836 | |
| Other amounts payable | 47/48 | €1,153,743 | €2,385 | -€1.2m | -99.8% |
| Accrued charges and deferred income | 492/3 | - | €1,065 | +€1,065 | |
| Non-recurring operating income | 76A | - | €35,000 | +€35,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,672 | €27,182 | -€489 | -1.8% |
| Other operating charges | 640/8 | €8,134 | €1,118 | -€7,016 | -86.2% |
| Gross operating margin | 9900 | €3,536 | €80,183 | +€76,647 | +2167.8% |
| Operating profit (loss) | 9901 | -€32,270 | €51,882 | +€84,152 | |
| Financial charges | 65/66B | €107,255 | €12,965 | -€94,290 | -87.9% |
| Recurring financial charges | 65 | €107,255 | €12,965 | -€94,290 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | -€139,525 | €38,917 | +€178,442 | |
| Income taxes | 67/77 | €576 | €80,863 | +€80,288 | +13949.8% |
| Profit (loss) for the period | 9904 | -€140,101 | -€41,947 | +€98,154 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€140,101 | -€41,947 | +€98,154 | +70.1% |
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 6 October 2026 via checked.be.