THIERRY DRÖMMER: 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.
THIERRY DRÖMMER
Largest movements
- Cash -€4,993
down €4,993 (-91.6%), from €5,454 to €461
mainly Trade debts (-€4,370) and Current portion of long-term debt (-€3,379)
- Receivables within one year +€1,672
up €1,672 (+16.9%), from €9,886 to €11,558
of which Other amounts receivable: +€1,370
- Trade debts -€4,370
down €4,370 (-93.7%), from €4,666 to €296
- Profit (loss) carried forward +€3,852
up €3,852 (+66.7%), from -€5,772 to -€1,920
- Current portion of long-term debt -€3,379
no longer reported in 2025 (was €3,379)
- Tax, wage and social debts +€342
up €342 (+12.8%), from €2,680 to €3,022
- Gross operating margin +€1,377
up €1,377 (+30.9%), from €4,459 to €5,836
- Write-downs -€630
down €630 (-4,941%), from -€13 to -€643
- Taxes +€579
up €579 (+48.2%), from €1,201 to €1,780
- Financial charges -€561
down €561 (-62.4%), from €898 to €338
- Other operating charges +€134
up €134 (+34.7%), from €387 to €522
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 | €24,385 | €20,830 | -€3,555 | -14.6% |
| Current assets | 29/58 | €24,385 | €20,830 | -€3,555 | -14.6% |
| Stocks and contracts in progress | 3 | €8,675 | €8,562 | -€113 | -1.3% |
| Stocks | 30/36 | €8,675 | €8,562 | -€113 | -1.3% |
| Amounts receivable within one year | 40/41 | €9,886 | €11,558 | +€1,672 | +16.9% |
| Trade receivables | 40 | €4,751 | €5,053 | +€303 | +6.4% |
| Other amounts receivable | 41 | €5,135 | €6,505 | +€1,370 | +26.7% |
| Cash at bank and in hand | 54/58 | €5,454 | €461 | -€4,993 | -91.6% |
| Deferred charges and accrued income | 490/1 | €370 | €249 | -€121 | -32.8% |
| Total equity and liabilities | 10/49 | €24,385 | €20,830 | -€3,555 | -14.6% |
| Equity | 10/15 | €13,273 | €17,125 | +€3,852 | +29.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €445 | €445 | = | 0.0% |
| Non-distributable reserves | 130/1 | €445 | €445 | = | 0.0% |
| Reserves not available under the articles | 1311 | €445 | €445 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,772 | -€1,920 | +€3,852 | +66.7% |
| Amounts payable | 17/49 | €11,112 | €3,705 | -€7,407 | -66.7% |
| Amounts payable within one year | 42/48 | €10,725 | €3,318 | -€7,407 | -69.1% |
| Current portion of amounts payable after more than one year | 42 | €3,379 | - | -€3,379 | |
| Trade debts | 44 | €4,666 | €296 | -€4,370 | -93.7% |
| Suppliers | 440/4 | €4,666 | €296 | -€4,370 | -93.7% |
| Taxes, remuneration and social security | 45 | €2,680 | €3,022 | +€342 | +12.8% |
| Taxes | 450/3 | €2,680 | €3,022 | +€342 | +12.8% |
| Accrued charges and deferred income | 492/3 | €387 | €387 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13 | -€643 | -€630 | -4,941% |
| Other operating charges | 640/8 | €387 | €522 | +€134 | +34.7% |
| Gross operating margin | 9900 | €4,459 | €5,836 | +€1,377 | +30.9% |
| Operating profit (loss) | 9901 | €4,084 | €5,957 | +€1,873 | +45.9% |
| Financial income | 75/76B | €46 | €12 | -€34 | -73.4% |
| Recurring financial income | 75 | €46 | €12 | -€34 | -73.4% |
| Financial charges | 65/66B | €898 | €338 | -€561 | -62.4% |
| Recurring financial charges | 65 | €898 | €338 | -€561 | -62.4% |
| Profit (loss) for the period before taxes | 9903 | €3,232 | €5,632 | +€2,400 | +74.2% |
| Income taxes | 67/77 | €1,201 | €1,780 | +€579 | +48.2% |
| Profit (loss) for the period | 9904 | €2,031 | €3,852 | +€1,821 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,031 | €3,852 | +€1,821 | +89.7% |
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 16 October 2026 via checked.be.