DRYTEC: what changed
What changed
DRYTEC
NACE 28.250, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€38,948
2024 · €181,796-€142,848
Equity
€3.0m
2024 · €2.9m+€38,948
Cash
€298,654
2024 · €132,996+€165,658
Balance sheet total
€3.7m
2024 · €3.2m+€446,993
Largest movements
Assets
- Cash +€165,658
up €165,658 (+125%), from €132,996 to €298,654
mainly Trade debts (+€373,807) and Net result for the year (+€38,948)
- Receivables within one year +€158,920
up €158,920 (+17.2%), from €921,416 to €1.1m
of which Trade receivables: +€166,959
- Stocks and contracts +€88,384
up €88,384 (+4.2%), from €2.1m to €2.2m
Equity and liabilities
- Trade debts +€373,807
up €373,807 (+218%), from €171,359 to €545,167
- Profit (loss) carried forward +€38,948
up €38,948 (+1.6%), from €2.4m to €2.5m
Income statement
- Gross operating margin -€247,005
down €247,005 (-21.7%), from €1.1m to €893,113
- Taxes -€48,209
down €48,209 (-66.6%), from €72,415 to €24,206
- Staff costs -€41,156
down €41,156 (-4.9%), from €841,778 to €800,621
- Write-downs -€36,438
down €36,438, from €0 to -€36,438
- Other operating charges +€33,925
up €33,925 (+583%), from €5,815 to €39,741
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.
Result 2024
€181,796
Gross operating margin
-€247,005
Staff costs
+€41,156
Depreciation
-€4,564
Write-downs
+€36,438
Other operating charges
-€33,925
Other operating items
+€23,943
Financial income
-€3,760
Financial charges
-€3,339
Taxes
+€48,209
Result 2025
€38,948
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€203,732
Investment
-€38,074
Financing
€0
Cash 2024
€132,996
From operations (derived)
+€203,732
Net result for the year
+€38,948
Depreciation
+€9,867
Stocks and contracts
-€88,384
Receivables within one year
-€158,920
Deferred charges and accrued income
-€5,824
Trade debts
+€373,807
Tax, wage and social debts
+€36,112
Accrued charges and deferred income
-€1,875
Investment (derived)
-€38,074
Investment in fixed assets (net)
-€38,074
Cash 2025
€298,654
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,227,929 | €3,674,922 | +€446,993 | +13.8% |
| Fixed assets | 21/28 | €60,532 | €88,739 | +€28,207 | +46.6% |
| Tangible fixed assets | 22/27 | €59,497 | €87,489 | +€27,992 | +47.0% |
| Land and buildings | 22 | €980 | €807 | -€173 | -17.7% |
| Plant, machinery and equipment | 23 | €26,556 | €43,683 | +€17,127 | +64.5% |
| Furniture and vehicles | 24 | €9,317 | €7,396 | -€1,921 | -20.6% |
| Assets under construction and advance payments | 27 | €22,643 | €35,603 | +€12,959 | +57.2% |
| Financial fixed assets | 28 | €1,035 | €1,250 | +€215 | +20.8% |
| Current assets | 29/58 | €3,167,398 | €3,586,183 | +€418,785 | +13.2% |
| Stocks and contracts in progress | 3 | €2,112,317 | €2,200,701 | +€88,384 | +4.2% |
| Stocks | 30/36 | €2,112,317 | €2,200,701 | +€88,384 | +4.2% |
| Amounts receivable within one year | 40/41 | €921,416 | €1,080,336 | +€158,920 | +17.2% |
| Trade receivables | 40 | €913,116 | €1,080,074 | +€166,959 | +18.3% |
| Other amounts receivable | 41 | €8,301 | €262 | -€8,039 | -96.8% |
| Cash at bank and in hand | 54/58 | €132,996 | €298,654 | +€165,658 | +125% |
| Deferred charges and accrued income | 490/1 | €668 | €6,491 | +€5,824 | +872% |
| Total equity and liabilities | 10/49 | €3,227,929 | €3,674,922 | +€446,993 | +13.8% |
| Equity | 10/15 | €2,941,986 | €2,980,934 | +€38,948 | +1.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €391,832 | €391,832 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €182,146 | €182,146 | = | 0.0% |
| Distributable reserves | 133 | €197,291 | €197,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,426,207 | €2,465,155 | +€38,948 | +1.6% |
| Amounts payable | 17/49 | €285,944 | €693,988 | +€408,045 | +143% |
| Amounts payable within one year | 42/48 | €283,423 | €693,343 | +€409,920 | +145% |
| Trade debts | 44 | €171,359 | €545,167 | +€373,807 | +218% |
| Suppliers | 440/4 | €171,359 | €545,167 | +€373,807 | +218% |
| Taxes, remuneration and social security | 45 | €112,064 | €148,176 | +€36,112 | +32.2% |
| Taxes | 450/3 | €11,534 | €13,147 | +€1,613 | +14.0% |
| Remuneration and social security | 454/9 | €100,530 | €135,030 | +€34,500 | +34.3% |
| Accrued charges and deferred income | 492/3 | €2,520 | €645 | -€1,875 | -74.4% |
| Non-recurring operating income | 76A | €3,926 | €0 | -€3,926 | -100% |
| Remuneration, social security and pensions | 62 | €841,778 | €800,621 | -€41,156 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,303 | €9,867 | +€4,564 | +86.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€36,438 | -€36,438 | |
| Other operating charges | 640/8 | €5,815 | €39,741 | +€33,925 | +583% |
| Non-recurring operating charges | 66A | €23,943 | €0 | -€23,943 | -100% |
| Gross operating margin | 9900 | €1,140,118 | €893,113 | -€247,005 | -21.7% |
| Operating profit (loss) | 9901 | €263,280 | €79,322 | -€183,958 | -69.9% |
| Financial income | 75/76B | €5,111 | €1,351 | -€3,760 | -73.6% |
| Recurring financial income | 75 | €5,111 | €1,351 | -€3,760 | -73.6% |
| Financial charges | 65/66B | €14,179 | €17,519 | +€3,339 | +23.6% |
| Recurring financial charges | 65 | €14,179 | €17,519 | +€3,339 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €254,211 | €63,154 | -€191,057 | -75.2% |
| Income taxes | 67/77 | €72,415 | €24,206 | -€48,209 | -66.6% |
| Profit (loss) for the period | 9904 | €181,796 | €38,948 | -€142,848 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €181,796 | €38,948 | -€142,848 | -78.6% |
Next steps
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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 5 November 2026 via checked.be.