DRW: 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.
DRW
Largest movements
- Cash +€63,968
up €63,968 (+333%), from €19,207 to €83,176
mainly Depreciation (+€47,341) and Other debts (+€45,148)
- Tangible fixed assets -€40,904
down €40,904 (-15.9%), from €256,953 to €216,049
- Intangible fixed assets -€4,950
down €4,950 (-30.8%), from €16,088 to €11,138
- Other debts +€45,148
up €45,148 (+61.0%), from €73,994 to €119,143
- Debts after one year -€37,636
down €37,636 (-18.4%), from €205,065 to €167,429
- Profit (loss) carried forward +€15,972
up €15,972, from -€8,294 to €7,678
- Trade debts -€10,530
down €10,530 (-56.8%), from €18,547 to €8,017
- Gross operating margin +€37,190
up €37,190 (+97.1%), from €38,299 to €75,490
- Taxes +€2,640
up €2,640, from -€509 to €2,131
- Other operating charges -€2,040
down €2,040 (-37.0%), from €5,522 to €3,481
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 | €347,821 | €359,874 | +€12,053 | +3.5% |
| Fixed assets | 21/28 | €273,041 | €227,186 | -€45,854 | -16.8% |
| Intangible fixed assets | 21 | €16,088 | €11,138 | -€4,950 | -30.8% |
| Tangible fixed assets | 22/27 | €256,953 | €216,049 | -€40,904 | -15.9% |
| Land and buildings | 22 | €171,908 | €160,893 | -€11,014 | -6.4% |
| Plant, machinery and equipment | 23 | €35,873 | €22,691 | -€13,183 | -36.7% |
| Furniture and vehicles | 24 | €46,098 | €30,337 | -€15,761 | -34.2% |
| Other tangible fixed assets | 26 | €3,074 | €2,128 | -€946 | -30.8% |
| Current assets | 29/58 | €74,781 | €132,688 | +€57,907 | +77.4% |
| Amounts receivable within one year | 40/41 | €48,484 | €45,601 | -€2,883 | -5.9% |
| Trade receivables | 40 | €39,497 | €37,225 | -€2,273 | -5.8% |
| Other amounts receivable | 41 | €8,986 | €8,376 | -€611 | -6.8% |
| Cash at bank and in hand | 54/58 | €19,207 | €83,176 | +€63,968 | +333% |
| Deferred charges and accrued income | 490/1 | €7,089 | €3,911 | -€3,178 | -44.8% |
| Total equity and liabilities | 10/49 | €347,821 | €359,874 | +€12,053 | +3.5% |
| Equity | 10/15 | €10,306 | €26,278 | +€15,972 | +155% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,294 | €7,678 | +€15,972 | |
| Amounts payable | 17/49 | €337,516 | €333,597 | -€3,919 | -1.2% |
| Amounts payable after more than one year | 17 | €205,065 | €167,429 | -€37,636 | -18.4% |
| Financial debts | 170/4 | €205,065 | €167,429 | -€37,636 | -18.4% |
| Amounts payable within one year | 42/48 | €131,081 | €166,168 | +€35,087 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €36,100 | €36,666 | +€566 | +1.6% |
| Financial debts | 43 | €2,399 | €2,342 | -€56 | -2.3% |
| Credit institutions | 430/8 | €2,399 | €2,342 | -€56 | -2.3% |
| Trade debts | 44 | €18,547 | €8,017 | -€10,530 | -56.8% |
| Suppliers | 440/4 | €18,547 | €8,017 | -€10,530 | -56.8% |
| Taxes, remuneration and social security | 45 | €40 | - | -€40 | |
| Taxes | 450/3 | €40 | - | -€40 | |
| Other amounts payable | 47/48 | €73,994 | €119,143 | +€45,148 | +61.0% |
| Accrued charges and deferred income | 492/3 | €1,370 | - | -€1,370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,518 | €47,341 | -€177 | -0.4% |
| Other operating charges | 640/8 | €5,522 | €3,481 | -€2,040 | -37.0% |
| Gross operating margin | 9900 | €38,299 | €75,490 | +€37,190 | +97.1% |
| Operating profit (loss) | 9901 | -€14,740 | €24,667 | +€39,408 | |
| Financial income | 75/76B | €462 | €428 | -€34 | -7.4% |
| Recurring financial income | 75 | €462 | €428 | -€34 | -7.4% |
| Financial charges | 65/66B | €5,433 | €5,333 | -€99 | -1.8% |
| Recurring financial charges | 65 | €5,433 | €5,333 | -€99 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,710 | €19,762 | +€39,472 | |
| Income taxes | 67/77 | -€509 | €2,131 | +€2,640 | |
| Profit (loss) for the period | 9904 | -€19,201 | €17,632 | +€36,833 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,201 | €17,632 | +€36,833 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.