Dry Martini: 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.
Dry Martini
Largest movements
- Receivables after one year +€39,058
new in 2025: €39,058
- Tangible fixed assets +€6,183
new in 2025: €6,183
of which Land and buildings: +€3,368
- Cash -€4,844
down €4,844 (-81.8%), from €5,922 to €1,078
mainly Receivables after one year (-€39,058) and Investment in fixed assets (net) (-€6,914)
- Receivables within one year -€735
down €735 (-17.6%), from €4,171 to €3,436
of which Trade receivables: -€4,080
- Debts after one year +€42,512
new in 2025: €42,512
- Trade debts -€1,777
down €1,777 (-34.1%), from €5,218 to €3,441
- Tax, wage and social debts -€1,322
down €1,322 (-45.3%), from €2,918 to €1,596
- Financial charges +€929
up €929 (+5,020%), from €19 to €947
- Financial income +€725
new in 2025: €725
- Gross operating margin -€566
down €566 (-20.6%), from €2,743 to €2,177
- Depreciation +€481
new in 2025: €481
- Other operating charges -€254
down €254 (-32.8%), from €774 to €520
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 | €10,093 | €50,005 | +€39,912 | +395% |
| Fixed assets | 21/28 | - | €6,433 | +€6,433 | |
| Tangible fixed assets | 22/27 | - | €6,183 | +€6,183 | |
| Land and buildings | 22 | - | €3,368 | +€3,368 | |
| Plant, machinery and equipment | 23 | - | €279 | +€279 | |
| Furniture and vehicles | 24 | - | €2,536 | +€2,536 | |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €10,093 | €43,572 | +€33,479 | +332% |
| Amounts receivable after more than one year | 29 | - | €39,058 | +€39,058 | |
| Other amounts receivable | 291 | - | €39,058 | +€39,058 | |
| Amounts receivable within one year | 40/41 | €4,171 | €3,436 | -€735 | -17.6% |
| Trade receivables | 40 | €4,100 | €20 | -€4,080 | -99.5% |
| Other amounts receivable | 41 | €71 | €3,416 | +€3,345 | +4,712% |
| Cash at bank and in hand | 54/58 | €5,922 | €1,078 | -€4,844 | -81.8% |
| Total equity and liabilities | 10/49 | €10,093 | €50,005 | +€39,912 | +395% |
| Equity | 10/15 | €1,956 | €2,455 | +€499 | +25.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,456 | €1,955 | +€499 | +34.3% |
| Amounts payable | 17/49 | €8,137 | €47,550 | +€39,413 | +484% |
| Amounts payable after more than one year | 17 | - | €42,512 | +€42,512 | |
| Other amounts payable | 178/9 | - | €42,512 | +€42,512 | |
| Amounts payable within one year | 42/48 | €8,137 | €5,037 | -€3,099 | -38.1% |
| Trade debts | 44 | €5,218 | €3,441 | -€1,777 | -34.1% |
| Suppliers | 440/4 | €5,218 | €3,441 | -€1,777 | -34.1% |
| Taxes, remuneration and social security | 45 | €2,918 | €1,596 | -€1,322 | -45.3% |
| Taxes | 450/3 | €2,918 | €1,596 | -€1,322 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €481 | +€481 | |
| Other operating charges | 640/8 | €774 | €520 | -€254 | -32.8% |
| Gross operating margin | 9900 | €2,743 | €2,177 | -€566 | -20.6% |
| Operating profit (loss) | 9901 | €1,970 | €1,177 | -€793 | -40.2% |
| Financial income | 75/76B | - | €725 | +€725 | |
| Recurring financial income | 75 | - | €725 | +€725 | |
| Financial charges | 65/66B | €19 | €947 | +€929 | +5,020% |
| Recurring financial charges | 65 | €19 | €947 | +€929 | +5,020% |
| Profit (loss) for the period before taxes | 9903 | €1,951 | €955 | -€996 | -51.1% |
| Income taxes | 67/77 | €495 | €456 | -€39 | -7.9% |
| Profit (loss) for the period | 9904 | €1,456 | €499 | -€957 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,456 | €499 | -€957 | -65.7% |
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 23 October 2026 via checked.be.