DRYFAST: 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.
DRYFAST
Largest movements
- Receivables within one year -€137,467
down €137,467 (-53.6%), from €256,474 to €119,008
of which Trade receivables: -€137,467
- Tangible fixed assets -€56,189
down €56,189 (-7.7%), from €732,707 to €676,518
of which Land and buildings: -€43,984
- Cash +€11,431
up €11,431 (+49.0%), from €23,318 to €34,749
mainly Receivables within one year (+€137,467) and Depreciation (+€56,189)
- Reserves -€180,170
down €180,170 (-44.7%), from €402,856 to €222,685
of which Distributable reserves: -€180,170
- Trade debts -€36,929
down €36,929 (-30.6%), from €120,768 to €83,839
- Debts after one year +€26,990
up €26,990 (+6.7%), from €404,494 to €431,484
- Gross operating margin -€79,017
down €79,017 (-23.0%), from €343,387 to €264,370
- Staff costs +€18,866
up €18,866 (+5.7%), from €332,280 to €351,145
- Taxes -€5,721
down €5,721 (-89.0%), from €6,426 to €705
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 | €1,022,186 | €833,218 | -€188,968 | -18.5% |
| Fixed assets | 21/28 | €732,997 | €676,808 | -€56,189 | -7.7% |
| Tangible fixed assets | 22/27 | €732,707 | €676,518 | -€56,189 | -7.7% |
| Land and buildings | 22 | €704,896 | €660,912 | -€43,984 | -6.2% |
| Plant, machinery and equipment | 23 | €21,194 | €12,587 | -€8,607 | -40.6% |
| Furniture and vehicles | 24 | €6,616 | €3,018 | -€3,598 | -54.4% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €289,189 | €156,410 | -€132,778 | -45.9% |
| Stocks and contracts in progress | 3 | €6,750 | - | -€6,750 | |
| Stocks | 30/36 | €6,750 | - | -€6,750 | |
| Amounts receivable within one year | 40/41 | €256,474 | €119,008 | -€137,467 | -53.6% |
| Trade receivables | 40 | €231,974 | €94,508 | -€137,467 | -59.3% |
| Other amounts receivable | 41 | €24,500 | €24,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,318 | €34,749 | +€11,431 | +49.0% |
| Deferred charges and accrued income | 490/1 | €2,647 | €2,654 | +€7 | +0.3% |
| Total equity and liabilities | 10/49 | €1,022,186 | €833,218 | -€188,968 | -18.5% |
| Equity | 10/15 | €421,456 | €241,285 | -€180,170 | -42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €402,856 | €222,685 | -€180,170 | -44.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €400,996 | €220,825 | -€180,170 | -44.9% |
| Amounts payable | 17/49 | €600,730 | €591,932 | -€8,798 | -1.5% |
| Amounts payable after more than one year | 17 | €404,494 | €431,484 | +€26,990 | +6.7% |
| Financial debts | 170/4 | €404,494 | €431,484 | +€26,990 | +6.7% |
| Amounts payable within one year | 42/48 | €196,236 | €160,448 | -€35,787 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €32,273 | €33,010 | +€737 | +2.3% |
| Trade debts | 44 | €120,768 | €83,839 | -€36,929 | -30.6% |
| Suppliers | 440/4 | €120,768 | €83,839 | -€36,929 | -30.6% |
| Taxes, remuneration and social security | 45 | €43,195 | €43,599 | +€404 | +0.9% |
| Taxes | 450/3 | €9,455 | €3,633 | -€5,822 | -61.6% |
| Remuneration and social security | 454/9 | €33,740 | €39,965 | +€6,226 | +18.5% |
| Remuneration, social security and pensions | 62 | €332,280 | €351,145 | +€18,866 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,468 | €56,189 | +€722 | +1.3% |
| Other operating charges | 640/8 | €6,180 | €5,702 | -€477 | -7.7% |
| Gross operating margin | 9900 | €343,387 | €264,370 | -€79,017 | -23.0% |
| Operating profit (loss) | 9901 | -€50,540 | -€148,667 | -€98,127 | -194.2% |
| Financial income | 75/76B | €63 | €566 | +€504 | +805.9% |
| Recurring financial income | 75 | €63 | €566 | +€504 | +805.9% |
| Financial charges | 65/66B | €32,206 | €31,364 | -€842 | -2.6% |
| Recurring financial charges | 65 | €32,206 | €31,364 | -€842 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€82,684 | -€179,465 | -€96,781 | -117.0% |
| Income taxes | 67/77 | €6,426 | €705 | -€5,721 | -89.0% |
| Profit (loss) for the period | 9904 | -€89,111 | -€180,170 | -€91,060 | -102.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,111 | -€180,170 | -€91,060 | -102.2% |
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 30 September 2026 via checked.be.