DFIW: 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.
DFIW
Largest movements
- Tangible fixed assets -€39,743
down €39,743 (-5.2%), from €766,059 to €726,315
- Receivables within one year +€35,698
up €35,698 (+14.8%), from €241,312 to €277,010
- Debts after one year -€46,404
down €46,404 (-6.6%), from €697,923 to €651,519
- Profit (loss) carried forward +€37,237
up €37,237, from -€20,967 to €16,270
- Financial charges -€1,537
down €1,537 (-8.6%), from €17,771 to €16,234
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 | €1,013,412 | €1,012,619 | -€793 | -0.1% |
| Fixed assets | 21/28 | €766,059 | €726,315 | -€39,743 | -5.2% |
| Tangible fixed assets | 22/27 | €766,059 | €726,315 | -€39,743 | -5.2% |
| Land and buildings | 22 | €766,059 | €726,315 | -€39,743 | -5.2% |
| Current assets | 29/58 | €247,353 | €286,303 | +€38,950 | +15.7% |
| Amounts receivable within one year | 40/41 | €241,312 | €277,010 | +€35,698 | +14.8% |
| Trade receivables | 40 | €241,312 | €277,010 | +€35,698 | +14.8% |
| Cash at bank and in hand | 54/58 | €4,613 | €7,789 | +€3,176 | +68.8% |
| Deferred charges and accrued income | 490/1 | €1,428 | €1,505 | +€77 | +5.4% |
| Total equity and liabilities | 10/49 | €1,013,412 | €1,012,619 | -€793 | -0.1% |
| Equity | 10/15 | -€2,367 | €34,870 | +€37,237 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,967 | €16,270 | +€37,237 | |
| Amounts payable | 17/49 | €1,015,779 | €977,749 | -€38,031 | -3.7% |
| Amounts payable after more than one year | 17 | €697,923 | €651,519 | -€46,404 | -6.6% |
| Financial debts | 170/4 | €697,923 | €651,519 | -€46,404 | -6.6% |
| Amounts payable within one year | 42/48 | €312,674 | €326,230 | +€13,556 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €46,599 | €51,586 | +€4,987 | +10.7% |
| Trade debts | 44 | - | €358 | +€358 | |
| Suppliers | 440/4 | - | €358 | +€358 | |
| Taxes, remuneration and social security | 45 | - | €210 | +€210 | |
| Taxes | 450/3 | - | €210 | +€210 | |
| Other amounts payable | 47/48 | €266,076 | €274,076 | +€8,000 | +3.0% |
| Accrued charges and deferred income | 492/3 | €5,183 | - | -€5,183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,743 | €39,743 | +€0 | 0.0% |
| Other operating charges | 640/8 | €8,347 | €8,610 | +€263 | +3.1% |
| Gross operating margin | 9900 | €102,521 | €102,034 | -€487 | -0.5% |
| Operating profit (loss) | 9901 | €54,431 | €53,681 | -€749 | -1.4% |
| Financial charges | 65/66B | €17,771 | €16,234 | -€1,537 | -8.6% |
| Recurring financial charges | 65 | €17,771 | €16,234 | -€1,537 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €36,660 | €37,447 | +€787 | +2.1% |
| Income taxes | 67/77 | - | €210 | +€210 | |
| Profit (loss) for the period | 9904 | €36,660 | €37,237 | +€577 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,660 | €37,237 | +€577 | +1.6% |
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 13 October 2026 via checked.be.