LA DRUEZIENNE: 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.
LA DRUEZIENNE
Largest movements
- Receivables within one year +€60,636
up €60,636 (+126%), from €48,000 to €108,636
of which Trade receivables: +€79,092
- Current investments +€60,352
new in 2025: €60,352
- Cash -€53,006
down €53,006 (-67.7%), from €78,337 to €25,331
mainly Receivables within one year (-€60,636) and Current investments (-€60,352)
- Tangible fixed assets +€6,035
up €6,035 (+6.1%), from €99,170 to €105,205
of which Furniture and vehicles: +€8,992
- Reserves +€56,891
up €56,891 (+156%), from €36,471 to €93,361
of which Non-distributable reserves: +€60,352
- Trade debts +€42,865
up €42,865 (+463%), from €9,253 to €52,117
- Profit (loss) carried forward -€32,723
down €32,723, from €22,712 to -€10,011
- Tax, wage and social debts +€7,268
up €7,268 (+61.9%), from €11,740 to €19,008
- Depreciation -€34,001
down €34,001 (-62.7%), from €54,230 to €20,228
- Gross operating margin -€32,777
down €32,777 (-33.8%), from €96,931 to €64,154
- Staff costs +€4,957
up €4,957 (+294%), from €1,683 to €6,641
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 | €250,984 | €322,737 | +€71,753 | +28.6% |
| Fixed assets | 21/28 | €108,604 | €114,639 | +€6,035 | +5.6% |
| Tangible fixed assets | 22/27 | €99,170 | €105,205 | +€6,035 | +6.1% |
| Land and buildings | 22 | €14,536 | €11,480 | -€3,056 | -21.0% |
| Plant, machinery and equipment | 23 | €16,136 | €16,234 | +€99 | +0.6% |
| Furniture and vehicles | 24 | €68,498 | €77,490 | +€8,992 | +13.1% |
| Financial fixed assets | 28 | €9,434 | €9,434 | = | 0.0% |
| Current assets | 29/58 | €142,381 | €208,098 | +€65,717 | +46.2% |
| Stocks and contracts in progress | 3 | €12,386 | €12,386 | = | 0.0% |
| Contracts in progress | 37 | €12,386 | €12,386 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,000 | €108,636 | +€60,636 | +126% |
| Trade receivables | 40 | €25,364 | €104,456 | +€79,092 | +312% |
| Other amounts receivable | 41 | €22,636 | €4,179 | -€18,456 | -81.5% |
| Current investments | 50/53 | - | €60,352 | +€60,352 | |
| Cash at bank and in hand | 54/58 | €78,337 | €25,331 | -€53,006 | -67.7% |
| Deferred charges and accrued income | 490/1 | €3,658 | €1,394 | -€2,264 | -61.9% |
| Total equity and liabilities | 10/49 | €250,984 | €322,737 | +€71,753 | +28.6% |
| Equity | 10/15 | €217,835 | €242,002 | +€24,168 | +11.1% |
| Contributions | 10/11 | €158,652 | €158,652 | = | 0.0% |
| Reserves | 13 | €36,471 | €93,361 | +€56,891 | +156% |
| Non-distributable reserves | 130/1 | €12,410 | €72,762 | +€60,352 | +486% |
| Reserves not available under the articles | 1311 | €12,410 | €72,762 | +€60,352 | +486% |
| Tax-exempt reserves | 132 | €20,600 | €20,600 | = | 0.0% |
| Distributable reserves | 133 | €3,461 | - | -€3,461 | |
| Profit (loss) carried forward | 14 | €22,712 | -€10,011 | -€32,723 | |
| Amounts payable | 17/49 | €33,150 | €80,734 | +€47,585 | +144% |
| Amounts payable within one year | 42/48 | €33,150 | €80,734 | +€47,585 | +144% |
| Trade debts | 44 | €9,253 | €52,117 | +€42,865 | +463% |
| Suppliers | 440/4 | €9,253 | €52,117 | +€42,865 | +463% |
| Taxes, remuneration and social security | 45 | €11,740 | €19,008 | +€7,268 | +61.9% |
| Taxes | 450/3 | €11,740 | €19,008 | +€7,268 | +61.9% |
| Other amounts payable | 47/48 | €12,157 | €9,609 | -€2,548 | -21.0% |
| Remuneration, social security and pensions | 62 | €1,683 | €6,641 | +€4,957 | +294% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,230 | €20,228 | -€34,001 | -62.7% |
| Other operating charges | 640/8 | €3,135 | €2,609 | -€526 | -16.8% |
| Gross operating margin | 9900 | €96,931 | €64,154 | -€32,777 | -33.8% |
| Operating profit (loss) | 9901 | €37,883 | €34,676 | -€3,207 | -8.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €614 | €392 | -€222 | -36.1% |
| Recurring financial charges | 65 | €614 | €392 | -€222 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €37,270 | €34,284 | -€2,986 | -8.0% |
| Income taxes | 67/77 | €9,864 | €10,117 | +€253 | +2.6% |
| Profit (loss) for the period | 9904 | €27,406 | €24,168 | -€3,238 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,406 | €24,168 | -€3,238 | -11.8% |
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 22 October 2026 via checked.be.