DRUPAFINA: 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.
DRUPAFINA
Largest movements
- Financial fixed assets -€1.6m
down €1.6m (-41.7%), from €3.8m to €2.2m
- Current investments +€657,580
up €657,580 (+1788.6%), from €36,766 to €694,346
- Cash +€144,520
up €144,520 (+3680.4%), from €3,927 to €148,446
mainly Investment in fixed assets (net) (+€1.6m) and Net result for the year (+€254,745)
- Other debts -€1.0m
down €1.0m (-49.5%), from €2.1m to €1.0m
- Profit (loss) carried forward +€254,745
up €254,745 (+20.4%), from €1.2m to €1.5m
- Financial charges -€716,747
down €716,747 (-99.9%), from €717,770 to €1,023
- Financial income +€281,668
up €281,668 (+31281.6%), from €900 to €282,569
of which Non-recurring financial income: +€282,569
- Gross operating margin -€7,643
down €7,643 (-56.3%), from -€13,570 to -€21,213
- Other operating charges -€850
down €850 (-15.4%), from €5,501 to €4,651
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 | €3,843,063 | €3,085,099 | -€757,964 | -19.7% |
| Fixed assets | 21/28 | €3,802,309 | €2,216,851 | -€1.6m | -41.7% |
| Tangible fixed assets | 22/27 | €1,783 | €1,259 | -€525 | -29.4% |
| Furniture and vehicles | 24 | €1,783 | €1,259 | -€525 | -29.4% |
| Financial fixed assets | 28 | €3,800,525 | €2,215,592 | -€1.6m | -41.7% |
| Current assets | 29/58 | €40,754 | €868,247 | +€827,493 | +2030.5% |
| Amounts receivable within one year | 40/41 | €61 | €23,357 | +€23,295 | +37933.7% |
| Other amounts receivable | 41 | €61 | €23,357 | +€23,295 | +37933.7% |
| Current investments | 50/53 | €36,766 | €694,346 | +€657,580 | +1788.6% |
| Cash at bank and in hand | 54/58 | €3,927 | €148,446 | +€144,520 | +3680.4% |
| Deferred charges and accrued income | 490/1 | - | €2,098 | +€2,098 | |
| Total equity and liabilities | 10/49 | €3,843,063 | €3,085,099 | -€757,964 | -19.7% |
| Equity | 10/15 | €1,785,846 | €2,040,590 | +€254,745 | +14.3% |
| Contributions | 10/11 | €254,629 | €254,629 | = | 0.0% |
| Capital | 10 | €68,832 | €68,832 | = | 0.0% |
| Issued capital | 100 | €68,832 | €68,832 | = | 0.0% |
| Outside capital | 11 | €185,797 | €185,797 | = | 0.0% |
| Share premium | 1100/10 | €185,797 | €185,797 | = | 0.0% |
| Reserves | 13 | €285,028 | €285,028 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | - | -€7,000 | |
| Reserves not available under the articles | 1311 | - | €7,000 | +€7,000 | |
| Distributable reserves | 133 | €278,028 | €278,028 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,246,189 | €1,500,933 | +€254,745 | +20.4% |
| Amounts payable | 17/49 | €2,057,217 | €1,044,508 | -€1.0m | -49.2% |
| Amounts payable within one year | 42/48 | €2,057,217 | €1,044,508 | -€1.0m | -49.2% |
| Trade debts | 44 | - | €6,116 | +€6,116 | |
| Suppliers | 440/4 | - | €6,116 | +€6,116 | |
| Taxes, remuneration and social security | 45 | €162 | €574 | +€412 | +254.5% |
| Taxes | 450/3 | €162 | €574 | +€412 | +254.5% |
| Other amounts payable | 47/48 | €2,057,055 | €1,037,818 | -€1.0m | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315 | €525 | +€210 | +66.7% |
| Other operating charges | 640/8 | €5,501 | €4,651 | -€850 | -15.4% |
| Gross operating margin | 9900 | -€13,570 | -€21,213 | -€7,643 | -56.3% |
| Operating profit (loss) | 9901 | -€19,386 | -€26,389 | -€7,003 | -36.1% |
| Financial income | 75/76B | €900 | €282,569 | +€281,668 | +31281.6% |
| Recurring financial income | 75 | €900 | €282,569 | +€281,668 | +31281.6% |
| Non-recurring financial income | 76B | - | €282,569 | +€282,569 | |
| Financial charges | 65/66B | €717,770 | €1,023 | -€716,747 | -99.9% |
| Recurring financial charges | 65 | €717,770 | €1,023 | -€716,747 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€736,255 | €255,157 | +€991,412 | |
| Income taxes | 67/77 | €373 | €412 | +€39 | +10.6% |
| Profit (loss) for the period | 9904 | -€736,628 | €254,745 | +€991,372 | |
| Profit (loss) for the period to be appropriated | 9905 | -€736,628 | €254,745 | +€991,372 |
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.