DRYTECH: what changed
DRYTECH
Largest movements
- Receivables within one year +€150,120
up €150,120 (+52.8%), from €284,221 to €434,342
of which Other amounts receivable: +€124,267
- Cash -€130,082
down €130,082 (-60.9%), from €213,586 to €83,504
mainly Receivables within one year (-€150,120) and Investment in fixed assets (net) (-€127,499)
- Tangible fixed assets +€79,827
up €79,827 (+62.0%), from €128,765 to €208,593
of which Land and buildings: +€91,358
- Other debts +€54,453
up €54,453 (+22.8%), from €238,567 to €293,020
- Debts after one year +€44,101
up €44,101 (+59.0%), from €74,761 to €118,862
- Reserves -€20,357
down €20,357 (-29.7%), from €68,502 to €48,145
- Current portion of long-term debt +€15,692
up €15,692 (+25.5%), from €61,606 to €77,298
- Trade debts +€10,742
up €10,742 (+8.7%), from €123,965 to €134,707
- Gross operating margin -€188,989
down €188,989 (-30.4%), from €622,687 to €433,698
- Other operating charges -€43,982
down €43,982 (-83.6%), from €52,623 to €8,641
- Taxes -€35,723
down €35,723 (-44.0%), from €81,154 to €45,431
- Staff costs -€12,359
down €12,359 (-5.5%), from €226,517 to €214,158
- Depreciation +€10,094
up €10,094 (+26.7%), from €37,788 to €47,882
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €627,069 | €726,725 | +€99,655 | +15.9% |
| Fixed assets | 21/28 | €129,261 | €208,879 | +€79,617 | +61.6% |
| Intangible fixed assets | 21 | €361 | €151 | -€210 | -58.1% |
| Tangible fixed assets | 22/27 | €128,765 | €208,593 | +€79,827 | +62.0% |
| Land and buildings | 22 | €5,041 | €96,399 | +€91,358 | +1,812% |
| Plant, machinery and equipment | 23 | €11,988 | €31,330 | +€19,342 | +161% |
| Furniture and vehicles | 24 | €108,936 | €80,864 | -€28,072 | -25.8% |
| Leasing and similar rights | 25 | €2,801 | €0 | -€2,801 | -100% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €497,808 | €517,846 | +€20,038 | +4.0% |
| Amounts receivable within one year | 40/41 | €284,221 | €434,342 | +€150,120 | +52.8% |
| Trade receivables | 40 | €279,755 | €305,608 | +€25,853 | +9.2% |
| Other amounts receivable | 41 | €4,467 | €128,734 | +€124,267 | +2,782% |
| Cash at bank and in hand | 54/58 | €213,586 | €83,504 | -€130,082 | -60.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €627,069 | €726,725 | +€99,655 | +15.9% |
| Equity | 10/15 | €88,502 | €68,145 | -€20,357 | -23.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €68,502 | €48,145 | -€20,357 | -29.7% |
| Distributable reserves | 133 | €68,502 | €48,145 | -€20,357 | -29.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €538,567 | €658,579 | +€120,013 | +22.3% |
| Amounts payable after more than one year | 17 | €74,761 | €118,862 | +€44,101 | +59.0% |
| Financial debts | 170/4 | €74,761 | €118,862 | +€44,101 | +59.0% |
| Amounts payable within one year | 42/48 | €463,805 | €538,865 | +€75,059 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €61,606 | €77,298 | +€15,692 | +25.5% |
| Trade debts | 44 | €123,965 | €134,707 | +€10,742 | +8.7% |
| Suppliers | 440/4 | €123,965 | €134,707 | +€10,742 | +8.7% |
| Advances received on contracts in progress | 46 | €3,163 | €3,163 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €36,505 | €30,677 | -€5,828 | -16.0% |
| Taxes | 450/3 | €29,279 | €26,778 | -€2,501 | -8.5% |
| Remuneration and social security | 454/9 | €7,226 | €3,898 | -€3,327 | -46.1% |
| Other amounts payable | 47/48 | €238,567 | €293,020 | +€54,453 | +22.8% |
| Accrued charges and deferred income | 492/3 | - | €852 | +€852 | |
| Remuneration, social security and pensions | 62 | €226,517 | €214,158 | -€12,359 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,788 | €47,882 | +€10,094 | +26.7% |
| Other operating charges | 640/8 | €52,623 | €8,641 | -€43,982 | -83.6% |
| Gross operating margin | 9900 | €622,687 | €433,698 | -€188,989 | -30.4% |
| Operating profit (loss) | 9901 | €305,759 | €163,018 | -€142,742 | -46.7% |
| Financial income | 75/76B | €5 | €14 | +€9 | +168% |
| Recurring financial income | 75 | €5 | €14 | +€9 | +168% |
| Financial charges | 65/66B | €16,987 | €12,958 | -€4,029 | -23.7% |
| Recurring financial charges | 65 | €16,987 | €12,958 | -€4,029 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €288,778 | €150,074 | -€138,704 | -48.0% |
| Income taxes | 67/77 | €81,154 | €45,431 | -€35,723 | -44.0% |
| Profit (loss) for the period | 9904 | €207,624 | €104,643 | -€102,981 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €207,624 | €104,643 | -€102,981 | -49.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.