DRUWEL COMPANY: 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.
DRUWEL COMPANY
Largest movements
- Receivables within one year +€14,841
up €14,841 (+10.5%), from €140,671 to €155,512
of which Trade receivables: +€36,877
- Tangible fixed assets -€12,303
down €12,303 (-54.4%), from €22,596 to €10,293
of which Furniture and vehicles: -€8,598
- Cash +€9,551
up €9,551 (+158%), from €6,043 to €15,595
- Stocks and contracts +€4,464
up €4,464 (+37.6%), from €11,883 to €16,347
- Profit (loss) carried forward -€56,338
down €56,338, from €43,779 to -€12,559
- Tax, wage and social debts +€35,856
up €35,856 (+426%), from €8,417 to €44,273
of which Taxes: +€21,847
- Debts after one year +€22,930
up €22,930, from €0 to €22,930
- Other debts +€19,194
up €19,194 (+211%), from €9,082 to €28,275
- Trade debts -€19,002
down €19,002 (-29.7%), from €64,076 to €45,074
- Staff costs +€372,217
up €372,217 (+1,018%), from €36,574 to €408,791
- Gross operating margin +€281,015
up €281,015 (+277%), from €101,337 to €382,352
- Taxes +€23,962
up €23,962, from -€23,962 to €0
- Financial charges +€7,824
up €7,824 (+109%), from €7,177 to €15,002
- Depreciation +€6,608
up €6,608 (+102%), from €6,495 to €13,103
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,871 | €200,024 | +€16,153 | +8.8% |
| Fixed assets | 21/28 | €22,766 | €10,463 | -€12,303 | -54.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €22,596 | €10,293 | -€12,303 | -54.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €8,716 | €5,011 | -€3,705 | -42.5% |
| Furniture and vehicles | 24 | €13,880 | €5,282 | -€8,598 | -61.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €161,105 | €189,562 | +€28,457 | +17.7% |
| Stocks and contracts in progress | 3 | €11,883 | €16,347 | +€4,464 | +37.6% |
| Stocks | 30/36 | €11,883 | €16,347 | +€4,464 | +37.6% |
| Amounts receivable within one year | 40/41 | €140,671 | €155,512 | +€14,841 | +10.5% |
| Trade receivables | 40 | €102,680 | €139,557 | +€36,877 | +35.9% |
| Other amounts receivable | 41 | €37,991 | €15,955 | -€22,036 | -58.0% |
| Cash at bank and in hand | 54/58 | €6,043 | €15,595 | +€9,551 | +158% |
| Deferred charges and accrued income | 490/1 | €2,507 | €2,108 | -€399 | -15.9% |
| Total equity and liabilities | 10/49 | €183,871 | €200,024 | +€16,153 | +8.8% |
| Equity | 10/15 | €62,379 | €6,041 | -€56,338 | -90.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,779 | -€12,559 | -€56,338 | |
| Amounts payable | 17/49 | €121,492 | €193,983 | +€72,491 | +59.7% |
| Amounts payable after more than one year | 17 | €0 | €22,930 | +€22,930 | |
| Financial debts | 170/4 | €0 | €22,930 | +€22,930 | |
| Amounts payable within one year | 42/48 | €121,492 | €171,053 | +€49,561 | +40.8% |
| Current portion of amounts payable after more than one year | 42 | €24,185 | €37,081 | +€12,897 | +53.3% |
| Financial debts | 43 | €15,483 | €16,349 | +€866 | +5.6% |
| Credit institutions | 430/8 | €15,483 | €16,349 | +€866 | +5.6% |
| Trade debts | 44 | €64,076 | €45,074 | -€19,002 | -29.7% |
| Suppliers | 440/4 | €64,076 | €45,074 | -€19,002 | -29.7% |
| Advances received on contracts in progress | 46 | €250 | €0 | -€250 | -100% |
| Taxes, remuneration and social security | 45 | €8,417 | €44,273 | +€35,856 | +426% |
| Taxes | 450/3 | €954 | €22,801 | +€21,847 | +2,290% |
| Remuneration and social security | 454/9 | €7,463 | €21,472 | +€14,010 | +188% |
| Other amounts payable | 47/48 | €9,082 | €28,275 | +€19,194 | +211% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €36,574 | €408,791 | +€372,217 | +1,018% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,495 | €13,103 | +€6,608 | +102% |
| Other operating charges | 640/8 | €1,349 | €1,887 | +€538 | +39.9% |
| Non-recurring operating charges | 66A | €4,351 | €0 | -€4,351 | -100% |
| Gross operating margin | 9900 | €101,337 | €382,352 | +€281,015 | +277% |
| Operating profit (loss) | 9901 | €52,568 | -€41,430 | -€93,998 | |
| Financial income | 75/76B | €398 | €93 | -€305 | -76.5% |
| Recurring financial income | 75 | €398 | €93 | -€305 | -76.5% |
| Financial charges | 65/66B | €7,177 | €15,002 | +€7,824 | +109% |
| Recurring financial charges | 65 | €7,177 | €15,002 | +€7,824 | +109% |
| Profit (loss) for the period before taxes | 9903 | €45,789 | -€56,338 | -€102,127 | |
| Income taxes | 67/77 | -€23,962 | €0 | +€23,962 | |
| Profit (loss) for the period | 9904 | €69,751 | -€56,338 | -€126,089 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,751 | -€56,338 | -€126,089 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.