Dryfus: 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.
Dryfus
Largest movements
- Cash +€11,227
up €11,227 (+32.4%), from €34,693 to €45,920
mainly Depreciation (+€15,427) and Net result for the year (+€14,134)
- Tangible fixed assets -€3,451
down €3,451 (-6.4%), from €53,844 to €50,393
of which Furniture and vehicles: -€8,795
- Deferred charges and accrued income +€2,536
up €2,536 (+34.4%), from €7,370 to €9,906
- Profit (loss) carried forward +€13,634
up €13,634 (+26.9%), from €50,759 to €64,392
- Debts after one year -€12,203
down €12,203 (-28.5%), from €42,774 to €30,571
- Short-term financial debts +€6,102
new in 2025: €6,102
- Tax, wage and social debts +€2,067
up €2,067 (+68.8%), from €3,004 to €5,071
- Gross operating margin +€10,243
up €10,243 (+40.2%), from €25,462 to €35,705
- Financial income -€8,299
down €8,299 (-93.9%), from €8,841 to €543
of which Financial income: -€8,299
- Write-downs -€2,975
no longer reported in 2025 (was €2,975)
- Depreciation +€2,217
up €2,217 (+16.8%), from €13,210 to €15,427
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 | €117,834 | €128,871 | +€11,037 | +9.4% |
| Fixed assets | 21/28 | €53,844 | €50,393 | -€3,451 | -6.4% |
| Tangible fixed assets | 22/27 | €53,844 | €50,393 | -€3,451 | -6.4% |
| Plant, machinery and equipment | 23 | €18,935 | €24,280 | +€5,345 | +28.2% |
| Furniture and vehicles | 24 | €34,909 | €26,114 | -€8,795 | -25.2% |
| Current assets | 29/58 | €63,990 | €78,478 | +€14,487 | +22.6% |
| Stocks and contracts in progress | 3 | €12,050 | €11,600 | -€450 | -3.7% |
| Stocks | 30/36 | €12,050 | €11,600 | -€450 | -3.7% |
| Amounts receivable within one year | 40/41 | €9,877 | €11,051 | +€1,174 | +11.9% |
| Trade receivables | 40 | - | €355 | +€355 | |
| Other amounts receivable | 41 | €9,877 | €10,696 | +€819 | +8.3% |
| Cash at bank and in hand | 54/58 | €34,693 | €45,920 | +€11,227 | +32.4% |
| Deferred charges and accrued income | 490/1 | €7,370 | €9,906 | +€2,536 | +34.4% |
| Total equity and liabilities | 10/49 | €117,834 | €128,871 | +€11,037 | +9.4% |
| Equity | 10/15 | €71,259 | €85,392 | +€14,134 | +19.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €500 | €1,000 | +€500 | +100% |
| Non-distributable reserves | 130/1 | €500 | €1,000 | +€500 | +100% |
| Legal reserve | 130 | €500 | €1,000 | +€500 | +100% |
| Profit (loss) carried forward | 14 | €50,759 | €64,392 | +€13,634 | +26.9% |
| Amounts payable | 17/49 | €46,575 | €43,478 | -€3,097 | -6.6% |
| Amounts payable after more than one year | 17 | €42,774 | €30,571 | -€12,203 | -28.5% |
| Financial debts | 170/4 | €42,774 | €30,571 | -€12,203 | -28.5% |
| Amounts payable within one year | 42/48 | €3,801 | €12,908 | +€9,107 | +240% |
| Financial debts | 43 | - | €6,102 | +€6,102 | |
| Credit institutions | 430/8 | - | €6,102 | +€6,102 | |
| Trade debts | 44 | €797 | €1,735 | +€938 | +118% |
| Suppliers | 440/4 | €797 | €1,735 | +€938 | +118% |
| Taxes, remuneration and social security | 45 | €3,004 | €5,071 | +€2,067 | +68.8% |
| Taxes | 450/3 | €3,004 | €5,071 | +€2,067 | +68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,210 | €15,427 | +€2,217 | +16.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,975 | - | -€2,975 | |
| Gross operating margin | 9900 | €25,462 | €35,705 | +€10,243 | +40.2% |
| Operating profit (loss) | 9901 | €9,277 | €20,278 | +€11,002 | +119% |
| Financial income | 75/76B | €8,841 | €543 | -€8,299 | -93.9% |
| Recurring financial income | 75 | €8,841 | €543 | -€8,299 | -93.9% |
| Non-recurring financial income | 76B | €8,841 | €543 | -€8,299 | -93.9% |
| Financial charges | 65/66B | €2,416 | €2,697 | +€280 | +11.6% |
| Recurring financial charges | 65 | €2,416 | €2,697 | +€280 | +11.6% |
| Non-recurring financial charges | 66B | €2,416 | €2,697 | +€280 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €15,702 | €18,124 | +€2,423 | +15.4% |
| Income taxes | 67/77 | €4,332 | €3,991 | -€341 | -7.9% |
| Profit (loss) for the period | 9904 | €11,369 | €14,134 | +€2,764 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,369 | €14,134 | +€2,764 | +24.3% |
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 14 October 2026 via checked.be.