DIALOGUS: what changed
Two fiscal 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.
DIALOGUS
Largest movements
- Cash -€51,015
down €51,015 (-47.8%), from €106,636 to €55,621
mainly Receivables within one year (-€37,249) and Trade debts (-€19,241)
- Receivables within one year +€37,249
up €37,249 (+22.3%), from €166,701 to €203,950
of which Trade receivables: +€30,554
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€16,205
down €16,205 (-71.5%), from €22,649 to €6,445
- Financial income +€7,144
up €7,144 (+90.8%), from €7,869 to €15,013
- Financial charges +€7,064
up €7,064, from -€6,099 to €965
- Depreciation -€2,046
down €2,046 (-26.2%), from €7,797 to €5,751
- Taxes +€1,129
up €1,129 (+97.5%), from €1,158 to €2,286
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.
Cash bridge derived
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 | €2,200,916 | €2,199,211 | -€1,704 | -0.1% |
| Fixed assets | 21/28 | €1,134,517 | €1,131,270 | -€3,247 | -0.3% |
| Tangible fixed assets | 22/27 | €34,513 | €31,266 | -€3,247 | -9.4% |
| Land and buildings | 22 | €30,937 | €27,225 | -€3,713 | -12.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,576 | €4,042 | +€466 | +13.0% |
| Financial fixed assets | 28 | €1,100,004 | €1,100,004 | = | 0.0% |
| Current assets | 29/58 | €1,066,399 | €1,067,941 | +€1,542 | +0.1% |
| Amounts receivable after more than one year | 29 | €16,528 | €16,728 | +€199 | +1.2% |
| Other amounts receivable | 291 | €16,528 | €16,728 | +€199 | +1.2% |
| Amounts receivable within one year | 40/41 | €166,701 | €203,950 | +€37,249 | +22.3% |
| Trade receivables | 40 | €73,711 | €104,265 | +€30,554 | +41.5% |
| Other amounts receivable | 41 | €92,990 | €99,685 | +€6,695 | +7.2% |
| Current investments | 50/53 | €776,417 | €787,344 | +€10,927 | +1.4% |
| Cash at bank and in hand | 54/58 | €106,636 | €55,621 | -€51,015 | -47.8% |
| Deferred charges and accrued income | 490/1 | €116 | €4,299 | +€4,183 | +3598.7% |
| Total equity and liabilities | 10/49 | €2,200,916 | €2,199,211 | -€1,704 | -0.1% |
| Equity | 10/15 | €2,152,779 | €2,163,550 | +€10,771 | +0.5% |
| Contributions | 10/11 | €1,118,604 | €1,118,604 | = | 0.0% |
| Reserves | 13 | €50,109 | €50,109 | = | 0.0% |
| Distributable reserves | 133 | €50,109 | €50,109 | = | 0.0% |
| Profit (loss) carried forward | 14 | €984,066 | €994,836 | +€10,771 | +1.1% |
| Amounts payable | 17/49 | €48,137 | €35,662 | -€12,475 | -25.9% |
| Amounts payable within one year | 42/48 | €47,852 | €34,727 | -€13,124 | -27.4% |
| Trade debts | 44 | €32,386 | €13,146 | -€19,241 | -59.4% |
| Suppliers | 440/4 | €32,386 | €13,146 | -€19,241 | -59.4% |
| Taxes, remuneration and social security | 45 | €2,457 | €2,844 | +€387 | +15.7% |
| Taxes | 450/3 | €2,457 | €2,844 | +€387 | +15.7% |
| Other amounts payable | 47/48 | €13,008 | €18,737 | +€5,730 | +44.0% |
| Accrued charges and deferred income | 492/3 | €285 | €934 | +€649 | +227.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,797 | €5,751 | -€2,046 | -26.2% |
| Other operating charges | 640/8 | €1,631 | €1,685 | +€54 | +3.3% |
| Gross operating margin | 9900 | €22,649 | €6,445 | -€16,205 | -71.5% |
| Operating profit (loss) | 9901 | €13,221 | -€991 | -€14,213 | |
| Financial income | 75/76B | €7,869 | €15,013 | +€7,144 | +90.8% |
| Recurring financial income | 75 | €7,869 | €15,013 | +€7,144 | +90.8% |
| Financial charges | 65/66B | -€6,099 | €965 | +€7,064 | |
| Recurring financial charges | 65 | -€6,099 | €965 | +€7,064 | |
| Profit (loss) for the period before taxes | 9903 | €27,189 | €13,057 | -€14,132 | -52.0% |
| Income taxes | 67/77 | €1,158 | €2,286 | +€1,129 | +97.5% |
| Profit (loss) for the period | 9904 | €26,032 | €10,771 | -€15,261 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,032 | €10,771 | -€15,261 | -58.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.