In den Drej: 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.
In den Drej
Largest movements
- Tangible fixed assets -€2,459
down €2,459 (-5.3%), from €46,242 to €43,783
of which Furniture and vehicles: -€4,856
- Intangible fixed assets -€1,000
down €1,000 (-34.5%), from €2,896 to €1,896
- Stocks and contracts +€745
up €745 (+15.1%), from €4,933 to €5,678
- Reserves +€7,889
up €7,889 (+48.4%), from €16,287 to €24,176
- Tax, wage and social debts -€5,341
down €5,341 (-77.2%), from €6,918 to €1,577
- Debts after one year -€3,886
down €3,886 (-33.4%), from €11,621 to €7,735
- Other debts -€2,900
down €2,900 (-14.5%), from €20,065 to €17,165
- Accrued charges and deferred income +€1,191
up €1,191 (+154%), from €775 to €1,966
- Gross operating margin +€10,520
up €10,520 (+64.2%), from €16,382 to €26,902
- Depreciation +€4,952
up €4,952 (+83.8%), from €5,910 to €10,862
- Other operating charges +€1,149
up €1,149 (+207%), from €556 to €1,704
- Taxes +€1,059
up €1,059 (+56.0%), from €1,892 to €2,951
- Financial charges +€703
up €703 (+59.0%), from €1,192 to €1,895
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 | €67,391 | €63,978 | -€3,413 | -5.1% |
| Fixed assets | 21/28 | €49,138 | €45,679 | -€3,459 | -7.0% |
| Intangible fixed assets | 21 | €2,896 | €1,896 | -€1,000 | -34.5% |
| Tangible fixed assets | 22/27 | €46,242 | €43,783 | -€2,459 | -5.3% |
| Plant, machinery and equipment | 23 | €11,230 | €14,225 | +€2,996 | +26.7% |
| Furniture and vehicles | 24 | €25,404 | €20,548 | -€4,856 | -19.1% |
| Other tangible fixed assets | 26 | €9,608 | €9,010 | -€598 | -6.2% |
| Current assets | 29/58 | €18,253 | €18,299 | +€46 | +0.2% |
| Stocks and contracts in progress | 3 | €4,933 | €5,678 | +€745 | +15.1% |
| Stocks | 30/36 | €4,933 | €5,678 | +€745 | +15.1% |
| Amounts receivable within one year | 40/41 | €7,110 | €7,165 | +€56 | +0.8% |
| Trade receivables | 40 | €7,110 | €5,616 | -€1,493 | -21.0% |
| Other amounts receivable | 41 | - | €1,549 | +€1,549 | |
| Cash at bank and in hand | 54/58 | €4,519 | €4,299 | -€220 | -4.9% |
| Deferred charges and accrued income | 490/1 | €1,691 | €1,157 | -€535 | -31.6% |
| Total equity and liabilities | 10/49 | €67,391 | €63,978 | -€3,413 | -5.1% |
| Equity | 10/15 | €18,787 | €26,676 | +€7,889 | +42.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,287 | €24,176 | +€7,889 | +48.4% |
| Distributable reserves | 133 | €16,287 | €24,176 | +€7,889 | +48.4% |
| Amounts payable | 17/49 | €48,604 | €37,302 | -€11,302 | -23.3% |
| Amounts payable after more than one year | 17 | €11,621 | €7,735 | -€3,886 | -33.4% |
| Financial debts | 170/4 | €11,621 | €7,735 | -€3,886 | -33.4% |
| Amounts payable within one year | 42/48 | €36,208 | €27,601 | -€8,607 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €3,744 | €3,886 | +€142 | +3.8% |
| Trade debts | 44 | €5,480 | €4,973 | -€507 | -9.3% |
| Suppliers | 440/4 | €5,480 | €4,973 | -€507 | -9.3% |
| Taxes, remuneration and social security | 45 | €6,918 | €1,577 | -€5,341 | -77.2% |
| Taxes | 450/3 | €6,918 | €1,577 | -€5,341 | -77.2% |
| Other amounts payable | 47/48 | €20,065 | €17,165 | -€2,900 | -14.5% |
| Accrued charges and deferred income | 492/3 | €775 | €1,966 | +€1,191 | +154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,910 | €10,862 | +€4,952 | +83.8% |
| Other operating charges | 640/8 | €556 | €1,704 | +€1,149 | +207% |
| Gross operating margin | 9900 | €16,382 | €26,902 | +€10,520 | +64.2% |
| Operating profit (loss) | 9901 | €9,917 | €14,335 | +€4,418 | +44.6% |
| Financial charges | 65/66B | €1,192 | €1,895 | +€703 | +59.0% |
| Recurring financial charges | 65 | €1,192 | €1,895 | +€703 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | €8,725 | €12,440 | +€3,715 | +42.6% |
| Income taxes | 67/77 | €1,892 | €2,951 | +€1,059 | +56.0% |
| Profit (loss) for the period | 9904 | €6,833 | €9,489 | +€2,656 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,833 | €9,489 | +€2,656 | +38.9% |
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 28 October 2026 via checked.be.