Dito (0416.912.136): financials and annual accounts

Dito

Brussels ·KBO/BCE: BE 0416.912.136

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
Total assets`20/58`	2.5m	2.3m	2.4m	2.4m	1.8m	1.8m	983,840	1.0m	922,808	996,162	1.2m	1.3m	1.1m	1.1m	1.1m	710,284	825,236	774,332
Fixed assets`21/28`	61,048	50,237	82,192	80,350	28,692	36,526	18,470	5,561	4,902	6,268	1,856	3,365	5,157	7,647	5,807	7,181	8,694	10,421
Intangible fixed assets`21`	0	7,994	32,449	36,796	-	-	-	-	-	-	-	-	377	830	1,282	-	-	-
Tangible fixed assets`22/27`	61,048	42,243	49,744	43,554	28,667	36,526	18,470	5,561	4,902	6,268	1,856	3,365	4,780	6,817	4,525	7,181	8,694	10,421
Plant, machinery and equipment`23`	1,878	2,968	2,624	3,611	1,319	1,968	1,426	2,155	-	-	-	-	-	-	-	401	1,013	2,735
Furniture and vehicles`24`	37,140	5,385	6,225	6,514	13,717	22,067	-	39	106	236	437	637	1,130	1,623	2,140	2,657	3,174	3,051
Other tangible fixed assets`26`	22,030	33,889	40,895	33,429	13,630	12,491	17,044	3,367	4,796	6,032	1,419	2,727	3,649	5,194	2,385	4,124	4,508	4,635
Financial fixed assets`28`	-	-	-	-	25	-	-	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	2.5m	2.2m	2.3m	2.3m	1.8m	1.7m	965,370	1.0m	917,905	989,894	1.2m	1.3m	1.1m	1.1m	1.1m	703,102	816,541	763,911
Amounts receivable within one year`40/41`	1.3m	1.2m	945,895	983,905	549,924	597,083	429,695	468,485	311,977	266,584	415,538	539,384	497,472	383,567	356,281	425,295	528,656	490,664
Trade receivables`40`	1.2m	1.1m	810,997	888,960	507,537	478,192	389,484	434,046	311,848	266,584	410,260	522,637	497,472	383,343	355,808	425,295	528,656	-
Other amounts receivable`41`	51,578	24,573	134,899	94,946	42,386	118,891	40,211	34,439	128	-	5,278	16,747	-	224	473	-	-	490,664
Current investments`50/53`	-	-	-	-	-	115,028	202,422	202,422	307,372	378,372	385,202	520,392	520,392	520,392	520,392	-	-	170,000
Cash at bank and in hand`54/58`	1.2m	1.0m	1.3m	1.3m	1.2m	997,013	211,073	198,932	117,528	167,094	310,087	134,304	60,602	131,818	114,210	193,884	243,921	59,292
Deferred charges and accrued income`490/1`	8,748	13,693	21,309	30,623	37,910	37,245	122,181	159,130	181,028	177,843	71,873	84,360	44,662	62,331	67,229	83,923	43,964	43,955
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.5m	2.3m	2.4m	2.4m	1.8m	1.8m	983,840	1.0m	922,808	996,162	1.2m	1.3m	1.1m	1.1m	1.1m	710,284	825,236	774,332
Equity`10/15`	1.2m	1.1m	1.2m	1.1m	853,604	769,871	382,516	445,732	503,090	532,096	601,350	675,882	687,081	573,074	577,779	187,130	333,982	371,255
Capital`10`	309,214	309,214	309,214	309,214	-	309,214	-	-	-	-	-	-	-	-	-	-	-	-
Reserves`13`	497,637	497,637	497,637	471,771	205,391	154,436	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	297,496	220,545	303,817	332,831	333,941	306,221	33,500	17,904	6,440	-31,169	-37,338	-23,905	-30,100	-135,552	-130,846	2,221	149,073	186,347
Investment grants`15`	63,917	40,749	45,920	25,106	5,059	-	-	-	-	-	-	-	-	-	-	-	-	-
Provisions and deferred taxes`16`	-	0	721	721	3,191	5,770	3,037	5,823	8,385	16,500	23,531	30,592	19,091	-	-	-	-	-
Provisions for liabilities and charges`160/5`	-	0	721	721	3,191	5,770	3,037	5,823	8,385	16,500	23,531	30,592	19,091	-	-	-	-	-
Pensions and similar obligations`160`	-	0	721	721	3,191	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities and charges`164/5`	-	-	-	-	-	5,770	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	1.4m	1.2m	1.2m	1.2m	927,555	1.0m	598,288	582,976	411,333	447,566	559,676	575,332	422,113	532,682	486,140	523,154	491,253	403,076
Amounts payable within one year`42/48`	1.3m	1.2m	1.2m	1.2m	875,218	903,588	590,606	507,762	396,363	392,054	483,270	496,214	400,011	454,454	434,400	360,055	280,280	236,579
Financial debts`43`	-	-	-	-	60,000	60,000	-	-	-	-	-	3	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-
Other loans`439`	-	-	-	-	60,000	60,000	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	1.0m	801,895	815,291	698,860	471,807	465,202	396,435	285,459	203,902	185,378	300,246	320,859	267,513	261,956	267,808	156,177	116,820	78,752
Suppliers`440/4`	1.0m	801,895	815,291	698,860	471,807	465,202	396,435	285,459	203,902	185,378	300,246	320,859	267,513	261,956	267,808	156,177	116,820	78,752
Taxes, remuneration and social security`45`	309,395	382,085	373,949	355,411	342,758	374,343	170,838	222,283	192,461	206,676	182,990	175,353	132,498	192,498	166,592	203,878	163,460	157,827
Taxes`450/3`	61,598	73,542	63,173	60,208	62,771	51,646	29,256	33,797	34,313	28,750	31,105	29,081	26,455	29,700	29,604	28,000	20,865	21,226
Remuneration and social security`454/9`	247,796	308,543	310,776	295,202	279,987	322,697	141,581	188,486	158,149	177,926	151,886	146,272	106,042	162,797	136,988	175,877	142,595	136,601
Other amounts payable`47/48`	-	-	-	143,172	653	4,043	-	-	-	-	-	-	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	6,011	14,722	17,742	39,023	52,337	103,666	7,682	75,214	14,969	55,512	76,406	79,118	22,103	78,228	51,739	163,099	210,974	166,497
Income statement
Operating income`70/76A`	-	-	-	-	-	-	2.1m	2.0m	1.9m	1.8m	2.3m	2.6m	2.5m	2.1m	2.5m	-	-	-
Turnover`70`	152,168	181,256	-	175,241	145,256	45,462	75,883	43,402	72,456	46,517	-	-	-	-	-	-	-	-
Membership fees, donations, legacies and grants`73`	2.5m	2.9m	-	2.8m	2.6m	2.3m	1.2m	1.2m	1.1m	1.0m	852,787	877,855	1.1m	1.0m	1.7m	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,352
Gross operating margin`9900`	2.2m	2.5m	2.4m	2.5m	2.2m	1.9m	1.9m	1.8m	1.7m	1.5m	1.0m	1.0m	1.3m	1.2m	1.6m	1.0m	1.1m	1.1m
Goods, raw materials, services and sundry goods`60/61`	5.6m	5.4m	-	3.3m	2.7m	1.4m	214,287	197,023	222,712	223,403	1.3m	1.6m	1.2m	987,132	869,226	-	-	-
Remuneration, social security and pensions`62`	2.1m	2.4m	2.3m	2.2m	2.0m	2.0m	1.3m	1.3m	1.2m	1.1m	1.1m	1.0m	1.2m	1.2m	1.2m	1.2m	1.1m	1.0m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	18,880	33,887	34,131	30,762	14,045	14,004	3,233	1,528	1,643	1,938	1,508	2,311	2,490	3,153	2,331	2,963	3,757	5,551
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-45,647	107,270	783	-25,507	26,916	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	21,393	27,814	12,249	14,382	16,833	25,650	597,356	535,900	495,733	509,183	22,428	2,072	2,365	8,738	71,471	1,095	3,737	5,102
Non-recurring operating charges`66A`	-	-	-	-	7	-	-	-	-	-	-	-	-	-	-	-	477	7,756
Operating profit (loss)`9901`	93,570	-92,966	-3,938	269,846	82,264	-117,246	-62,532	-58,403	-28,816	-68,683	-75,470	-14,648	109,337	-11,599	384,067	-150,715	-37,640	42,386
Financial income`75/76B`	1,352	13,688	4,747	934	419	169	155	591	1,037	811	977	3,481	4,700	6,943	6,614	4,028	1,035	10,425
Recurring financial income`75`	212	15	105	357	419	169	155	591	1,037	811	977	3,481	4,700	6,943	6,614	4,028	1,035	10,425
Non-recurring financial income`76B`	1,141	13,672	4,642	577	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	17,971	3,995	3,957	5,509	3,513	621	129	96	101	48	39	32	30	50	31	166	192	172
Recurring financial charges`65`	1,203	3,643	3,957	5,509	3,513	621	129	96	101	48	39	32	30	50	31	166	192	172
Non-recurring financial charges`66B`	16,768	352	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	76,951	-83,273	-3,148	265,271	79,170	-117,698	-62,506	-57,907	-27,880	-67,920	-74,532	-11,199	114,007	-4,705	390,650	-146,852	-36,797	52,639
Income taxes`67/77`	-	-	-	-	496	631	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period`9904`	76,951	-83,273	-3,148	265,271	78,674	-118,329	-63,216	-58,963	-29,006	-69,254	-74,532	-11,199	114,007	-4,705	390,650	-146,852	-37,273	56,236
Profit (loss) for the period to be appropriated`9905`	76,951	-83,273	-3,148	265,271	78,674	-118,329	-63,216	-58,963	-29,006	-69,254	-74,532	-11,199	114,007	-	-	-	-	-
Appropriation of the result
Profit (loss) to be appropriated`9906`	297,496	220,545	329,683	599,211	384,895	286,225	-45,312	-52,523	-60,175	-106,592	-98,437	-41,298	-21,545	-	-	-	-	-
Profit (loss) brought forward from the previous period`14P`	220,545	303,817	332,831	333,941	306,221	404,554	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	-	-	81,150	70,427	66,615	75,423	61,099	17,393	-	-	-	-	-	-
Withdrawal from contributions`791`	-	-	-	12,204	37,994	19,996	-	-	-	-	-	-	-	-	-	-	-	-
Addition to contributions`691`	-	-	25,866	278,584	88,949	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	31.1	33.5	31.8	31.4	32	30.2	20.1	21.5	20	20.5	21.6	20.5	22.4	23.9	24.8	26.3	25.5	26.1
Hours worked`1013`	-	-	43,416	43,704	45,614	-	29,137	2,816,140	27,885	26,524	27,880	27,442	30,561	35,226	37,324	41,182	38,813	37,528
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	14-04-2026	2026-00080229	PDF
31-12-2024	abbreviated format	22-04-2025	2025-00074955	PDF
31-12-2023	abbreviated format	13-05-2024	2024-00088149	PDF
31-12-2022	abbreviated format	17-04-2023	2023-00060926	PDF
31-12-2021	abbreviated format	26-04-2022	2022-20010137	PDF
31-12-2020	abbreviated format	22-04-2021	2021-11300290	PDF
31-12-2019	abbreviated format	23-04-2020	2020-09800540	PDF
31-12-2018	abbreviated format	23-04-2019	2019-10500296	PDF
31-12-2017	abbreviated format	16-04-2018	2018-10000515	PDF
31-12-2016	abbreviated format	04-04-2017	2017-09100250	PDF
31-12-2015	abbreviated format	30-03-2016	2016-08900275	PDF
31-12-2014	abbreviated format	13-04-2015	2015-09700357	PDF
31-12-2013	abbreviated format	14-04-2014	2014-09300015	PDF
31-12-2012	abbreviated format	16-04-2013	2013-09000489	PDF
31-12-2011	abbreviated format	28-03-2012	2012-07800500	PDF
31-12-2010	abbreviated format	12-04-2011	2011-08300472	PDF
31-12-2009	abbreviated format	08-04-2010	2010-09000503	PDF
31-12-2008	abbreviated format	15-04-2009	2009-11300056	PDF
31-12-2007	abbreviated format	16-04-2008	2008-10700041	PDF
31-12-2006	abbreviated format	19-04-2007	2007-11900363	PDF

Year	Entries	Awarded	Paid
2025	9	€1.7m	€1.7m
2024	8	€1.6m	€1.6m
2023	9	€1.6m	€1.8m
2022	7	€1.6m	€1.3m

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
EBITDA	112,450	-59,079	30,193	300,609	96,309	-103,242	-59,299	-56,874	-27,173	-66,745	-73,962	-12,337	111,827	-8,445	386,397	-147,751	-33,883	47,937
Cash flow	95,831	-49,386	30,983	296,033	92,719	-104,325	-59,983	-57,435	-27,363	-67,316	-73,024	-8,887	116,497	-1,552	392,980	-143,889	-33,517	61,786
Investment in fixed assets (approximation)	37,610	1,932	33,256	82,445	6,211	50,615	16,142	2,187	277	6,350	0	519	0	4,993	1,358	1,800	2,030	2,664
Change in cash	140,434	-280,642	33,664	113,405	170,811	785,940	12,140	81,404	-49,566	-142,993	175,783	73,702	-71,216	17,608	-79,674	-50,038	184,630	-
Working capital	1.1m	1.0m	1.1m	1.1m	880,440	842,781	374,764	521,207	521,542	597,839	699,431	782,227	723,118	643,655	623,712	343,048	536,261	527,332
EBIT margin	61.5%	-51.3%	-	-	56.6%	-	-82.4%	-	-39.8%	-	-	-	-	-	-	-	-	-
Solvency	46.4%	47.1%	48.9%	47.9%	47.8%	43.2%	38.9%	43.1%	54.5%	53.4%	50.8%	52.7%	60.9%	51.8%	54.3%	26.3%	40.5%	47.9%
Current ratio	1.83	1.87	1.92	1.92	2.01	1.93	1.63	2.03	2.32	2.52	2.45	2.58	2.81	2.42	2.44	1.95	2.91	3.23
Debt to equity	1.16	1.12	1.04	1.09	1.09	1.31	1.56	1.31	0.82	0.84	0.93	0.85	0.61	0.93	0.84	2.80	1.47	1.09
ROE	6.6%	-7.8%	-0.3%	23.3%	9.2%	-15.4%	-16.5%	-13.2%	-5.8%	-13.0%	-12.4%	-1.7%	16.6%	-0.8%	67.6%	-78.5%	-11.2%	15.1%
ROA	3.1%	-3.7%	-0.1%	11.2%	4.4%	-6.6%	-6.4%	-5.7%	-3.1%	-7.0%	-6.3%	-0.9%	10.1%	-0.4%	36.7%	-20.7%	-4.5%	7.3%
Interest coverage	93.47	-16.22	7.63	54.57	27.41	-166.25	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	2936 days	2304 days	-	1852 days	1275 days	3839 days	1873 days	3650 days	1571 days	2092 days	-	-	-	-	-	-	-	-
Supplier credit	67 days	54 days	-	78 days	64 days	124 days	675 days	529 days	334 days	303 days	84 days	73 days	81 days	97 days	112 days	-	-	-

Item	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	41	44	45
full-time	16	15	15
part-time	25	29	30
in full-time equivalents	31.6	32.1	31.9
Average over the year, in full-time equivalents	31.8	31.4	32
On a permanent contract	41	43	43
Joined	5	7	7
Left	8	8	8
Training hours	1,552	1,483	972

Dito

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency46.4%

Current ratio1.83

Return on assets3.1%

Staff

Staff cost per FTE€68,002

Joined and left

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 33 entries, €6.5m awarded, €6.4m paid

Key figures and ratios

Social balance sheet

Investments

Insights on Dito

Next steps

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€37,610	€1,932	€13,150	€29,185	€6,186
Intangible fixed assets	-	-	€20,106	€53,260	-
Financial fixed assets	-	-	-	-	€25
Depreciation and write-downs of the year	€18,880	€33,887	€34,131	€30,762	€14,045