Drylock Technologies: 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.
What changed
Drylock Technologies
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€58.5m
2024 · €41.1m+€17.4m
Equity
€633.7m
2024 · €605.2m+€28.5m
Cash
€22.4m
2024 · €14.9m+€7.6m
Balance sheet total
€774.0m
2024 · €757.8m+€16.2m
Largest movements
Assets
- Financial fixed assets +€13.3m
up €13.3m (+2.7%), from €500.4m to €513.7m
of which Affiliated companies: +€13.3m
Equity and liabilities
- Other debts -€51.4m
down €51.4m (-58.0%), from €88.5m to €37.2m
- Short-term financial debts +€50.6m
up €50.6m (+162%), from €31.2m to €81.8m
- Profit (loss) carried forward +€25.6m
up €25.6m (+39.7%), from €64.5m to €90.1m
- Accrued charges and deferred income -€9.2m
down €9.2m (-68.3%), from €13.5m to €4.3m
Income statement
- Financial income +€45.3m
up €45.3m (+182%), from €24.9m to €70.2m
- Turnover -€20.7m
down €20.7m (-59.5%), from €34.8m to €14.1m
- Services and other goods +€5.3m
up €5.3m (+28.9%), from €18.2m to €23.4m
- Financial charges +€5.2m
up €5.2m (+55.1%), from €9.5m to €14.7m
- Other operating income +€2.4m
up €2.4m (+11.4%), from €21.0m to €23.5m
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.
Result 2024
€41.1m
Turnover
-€20.7m
Other operating income
+€2.4m
Services and other goods
-€5.3m
Staff costs
-€845,626
Depreciation
-€47,948
Other operating charges
-€888
Other operating items
+€290,599
Financial income
+€45.3m
Financial charges
-€5.2m
Taxes
+€1.4m
Result 2025
€58.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€8.9m
Investment
-€17.6m
Financing
+€16.3m
Cash 2024
€14.9m
From operations (derived)
+€8.9m
Net result for the year
+€58.5m
Depreciation
+€3.5m
Receivables within one year
+€2.7m
Deferred charges and accrued income
+€2.7m
Trade debts
+€2.2m
Tax, wage and social debts
-€250,671
Other debts
-€51.4m
Accrued charges and deferred income
-€9.2m
Investment (derived)
-€17.6m
Investment in fixed assets (net)
-€17.6m
Financing
+€16.3m
Debts after one year
-€2.9m
Current portion of long-term debt
-€1.4m
Short-term financial debts
+€50.6m
Contributions, distributions and other
-€30.0m
Cash 2025
€22.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €757,790,699 | €773,985,202 | +€16.2m | +2.1% |
| Fixed assets | 21/28 | €515,247,701 | €529,330,440 | +€14.1m | +2.7% |
| Intangible fixed assets | 21 | €13,384,080 | €14,495,155 | +€1.1m | +8.3% |
| Tangible fixed assets | 22/27 | €1,451,478 | €1,152,538 | -€298,940 | -20.6% |
| Plant, machinery and equipment | 23 | €451,299 | €286,570 | -€164,729 | -36.5% |
| Furniture and vehicles | 24 | €1,000,179 | €865,968 | -€134,211 | -13.4% |
| Assets under construction and advance payments | 27 | €0 | €0 | +€0 | +5.9% |
| Financial fixed assets | 28 | €500,412,143 | €513,682,748 | +€13.3m | +2.7% |
| Affiliated companies | 280/1 | €499,131,779 | €512,402,384 | +€13.3m | +2.7% |
| Participating interests | 280 | €381,643,807 | €381,643,807 | = | 0.0% |
| Amounts receivable | 281 | €117,487,972 | €130,758,577 | +€13.3m | +11.3% |
| Other financial fixed assets | 284/8 | €1,280,364 | €1,280,364 | = | 0.0% |
| Shares | 284 | €129,961 | €129,961 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,150,404 | €1,150,404 | = | 0.0% |
| Current assets | 29/58 | €242,542,998 | €244,654,762 | +€2.1m | +0.9% |
| Amounts receivable within one year | 40/41 | €197,565,572 | €194,825,922 | -€2.7m | -1.4% |
| Trade receivables | 40 | €193,358,634 | €185,071,408 | -€8.3m | -4.3% |
| Other amounts receivable | 41 | €4,206,938 | €9,754,514 | +€5.5m | +132% |
| Cash at bank and in hand | 54/58 | €14,870,145 | €22,435,043 | +€7.6m | +50.9% |
| Deferred charges and accrued income | 490/1 | €30,107,280 | €27,393,797 | -€2.7m | -9.0% |
| Total equity and liabilities | 10/49 | €757,790,699 | €773,985,202 | +€16.2m | +2.1% |
| Equity | 10/15 | €605,215,478 | €633,745,178 | +€28.5m | +4.7% |
| Contributions | 10/11 | €537,253,906 | €537,253,906 | = | 0.0% |
| Capital | 10 | €537,253,906 | €537,253,906 | = | 0.0% |
| Issued capital | 100 | €537,253,906 | €537,253,906 | = | 0.0% |
| Uncalled capital | 101 | €0 | €0 | = | |
| Reserves | 13 | €3,511,091 | €6,437,576 | +€2.9m | +83.3% |
| Non-distributable reserves | 130/1 | €3,511,091 | €6,437,576 | +€2.9m | +83.3% |
| Legal reserve | 130 | €3,511,091 | €6,437,576 | +€2.9m | +83.3% |
| Profit (loss) carried forward | 14 | €64,450,481 | €90,053,696 | +€25.6m | +39.7% |
| Amounts payable | 17/49 | €152,575,221 | €140,240,023 | -€12.3m | -8.1% |
| Amounts payable after more than one year | 17 | €10,000,000 | €7,142,857 | -€2.9m | -28.6% |
| Financial debts | 170/4 | €10,000,000 | €7,142,857 | -€2.9m | -28.6% |
| Credit institutions | 173 | €10,000,000 | €7,142,857 | -€2.9m | -28.6% |
| Amounts payable within one year | 42/48 | €129,095,075 | €128,817,802 | -€277,273 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €4,285,714 | €2,857,143 | -€1.4m | -33.3% |
| Financial debts | 43 | €31,242,370 | €81,799,776 | +€50.6m | +162% |
| Credit institutions | 430/8 | €31,242,370 | €81,799,776 | +€50.6m | +162% |
| Trade debts | 44 | €4,050,469 | €6,252,051 | +€2.2m | +54.4% |
| Suppliers | 440/4 | €4,050,469 | €6,252,051 | +€2.2m | +54.4% |
| Taxes, remuneration and social security | 45 | €987,611 | €736,940 | -€250,671 | -25.4% |
| Taxes | 450/3 | €148,394 | €0 | -€148,394 | -100% |
| Remuneration and social security | 454/9 | €839,217 | €736,940 | -€102,277 | -12.2% |
| Other amounts payable | 47/48 | €88,528,910 | €37,171,892 | -€51.4m | -58.0% |
| Accrued charges and deferred income | 492/3 | €13,480,146 | €4,279,364 | -€9.2m | -68.3% |
| Operating income | 70/76A | €56,418,654 | €38,231,567 | -€18.2m | -32.2% |
| Turnover | 70 | €34,760,922 | €14,066,034 | -€20.7m | -59.5% |
| Own construction capitalised | 72 | €610,625 | €714,701 | +€104,076 | +17.0% |
| Other operating income | 74 | €21,047,108 | €23,450,832 | +€2.4m | +11.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €28,705,839 | €34,664,634 | +€6.0m | +20.8% |
| Goods for resale, raw materials and consumables | 60 | €0 | - | = | |
| Change in stocks: decrease (increase) | 609 | €0 | - | = | |
| Services and other goods | 61 | €18,171,405 | €23,422,260 | +€5.3m | +28.9% |
| Remuneration, social security and pensions | 62 | €6,815,548 | €7,661,175 | +€845,626 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,481,882 | €3,529,830 | +€47,948 | +1.4% |
| Other operating charges | 640/8 | €50,481 | €51,369 | +€888 | +1.8% |
| Non-recurring operating charges | 66A | €186,523 | €0 | -€186,523 | -100% |
| Operating profit (loss) | 9901 | €27,712,815 | €3,566,933 | -€24.1m | -87.1% |
| Financial income | 75/76B | €24,921,259 | €70,231,234 | +€45.3m | +182% |
| Recurring financial income | 75 | €24,921,259 | €70,231,234 | +€45.3m | +182% |
| Income from financial fixed assets | 750 | €24,312,516 | €57,008,069 | +€32.7m | +134% |
| Income from current assets | 751 | €478,379 | €85,594 | -€392,785 | -82.1% |
| Other financial income | 752/9 | €130,364 | €13,137,571 | +€13.0m | +9,978% |
| Financial charges | 65/66B | €9,457,803 | €14,670,305 | +€5.2m | +55.1% |
| Recurring financial charges | 65 | €9,457,803 | €14,670,305 | +€5.2m | +55.1% |
| Debt charges | 650 | €4,220,062 | €2,587,591 | -€1.6m | -38.7% |
| Other financial charges | 652/9 | €5,237,741 | €12,082,714 | +€6.8m | +131% |
| Profit (loss) for the period before taxes | 9903 | €43,176,271 | €59,127,862 | +€16.0m | +36.9% |
| Income taxes | 67/77 | €2,030,138 | €598,162 | -€1.4m | -70.5% |
| Taxes | 670/3 | €2,030,138 | €598,162 | -€1.4m | -70.5% |
| Profit (loss) for the period | 9904 | €41,146,133 | €58,529,700 | +€17.4m | +42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,146,133 | €58,529,700 | +€17.4m | +42.2% |
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.