DIBA: 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.
DIBA
Largest movements
- Stocks and contracts +€30,752
up €30,752 (+21.0%), from €146,247 to €176,999
of which Stocks: +€30,752
- Tangible fixed assets +€12,620
up €12,620 (+8.1%), from €156,335 to €168,955
of which Land and buildings: +€16,128
- Cash +€11,887
up €11,887 (+77.8%), from €15,270 to €27,157
mainly Other debts (+€106,234) and Depreciation (+€48,674)
- Receivables within one year +€10,759
up €10,759 (+13.1%), from €82,105 to €92,865
of which Trade receivables: +€16,878
- Other debts +€106,234
up €106,234 (+186.3%), from €57,029 to €163,263
- Debts after one year -€26,987
down €26,987 (-34.2%), from €78,854 to €51,867
- Tax, wage and social debts -€16,589
down €16,589 (-56.2%), from €29,541 to €12,952
of which Taxes: -€18,847
- Trade debts -€13,811
down €13,811 (-24.8%), from €55,750 to €41,939
- Reserves +€8,965
up €8,965 (+7.5%), from €120,208 to €129,173
of which Distributable reserves: +€8,965
- Gross operating margin +€64,419
up €64,419 (+52.1%), from €123,703 to €188,121
- Write-downs -€34,931
new in 2025: -€34,931
- Depreciation +€22,483
up €22,483 (+85.8%), from €26,191 to €48,674
- Staff costs +€12,390
up €12,390 (+8.8%), from €141,314 to €153,704
- Other operating charges -€10,043
down €10,043 (-60.1%), from €16,700 to €6,657
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 | €400,555 | €466,573 | +€66,018 | +16.5% |
| Fixed assets | 21/28 | €156,335 | €168,955 | +€12,620 | +8.1% |
| Tangible fixed assets | 22/27 | €156,335 | €168,955 | +€12,620 | +8.1% |
| Land and buildings | 22 | €142,206 | €158,334 | +€16,128 | +11.3% |
| Plant, machinery and equipment | 23 | €2,515 | €5,683 | +€3,168 | +126.0% |
| Furniture and vehicles | 24 | €11,614 | €4,938 | -€6,677 | -57.5% |
| Current assets | 29/58 | €244,219 | €297,618 | +€53,398 | +21.9% |
| Stocks and contracts in progress | 3 | €146,247 | €176,999 | +€30,752 | +21.0% |
| Stocks | 30/36 | €121,503 | €152,255 | +€30,752 | +25.3% |
| Contracts in progress | 37 | €24,744 | €24,744 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €82,105 | €92,865 | +€10,759 | +13.1% |
| Trade receivables | 40 | €72,381 | €89,259 | +€16,878 | +23.3% |
| Other amounts receivable | 41 | €9,725 | €3,606 | -€6,119 | -62.9% |
| Current investments | 50/53 | €597 | €597 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,270 | €27,157 | +€11,887 | +77.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €400,555 | €466,573 | +€66,018 | +16.5% |
| Equity | 10/15 | €138,808 | €147,773 | +€8,965 | +6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,208 | €129,173 | +€8,965 | +7.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,348 | €127,313 | +€8,965 | +7.6% |
| Amounts payable | 17/49 | €261,747 | €318,800 | +€57,054 | +21.8% |
| Amounts payable after more than one year | 17 | €78,854 | €51,867 | -€26,987 | -34.2% |
| Financial debts | 170/4 | €78,854 | €51,867 | -€26,987 | -34.2% |
| Amounts payable within one year | 42/48 | €182,893 | €266,934 | +€84,041 | +46.0% |
| Current portion of amounts payable after more than one year | 42 | €40,573 | €48,780 | +€8,207 | +20.2% |
| Trade debts | 44 | €55,750 | €41,939 | -€13,811 | -24.8% |
| Suppliers | 440/4 | €55,750 | €41,939 | -€13,811 | -24.8% |
| Taxes, remuneration and social security | 45 | €29,541 | €12,952 | -€16,589 | -56.2% |
| Taxes | 450/3 | €19,354 | €507 | -€18,847 | -97.4% |
| Remuneration and social security | 454/9 | €10,187 | €12,445 | +€2,258 | +22.2% |
| Other amounts payable | 47/48 | €57,029 | €163,263 | +€106,234 | +186.3% |
| Remuneration, social security and pensions | 62 | €141,314 | €153,704 | +€12,390 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,191 | €48,674 | +€22,483 | +85.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€34,931 | -€34,931 | |
| Other operating charges | 640/8 | €16,700 | €6,657 | -€10,043 | -60.1% |
| Gross operating margin | 9900 | €123,703 | €188,121 | +€64,419 | +52.1% |
| Operating profit (loss) | 9901 | -€60,503 | €14,017 | +€74,520 | |
| Financial income | 75/76B | €1,150 | €564 | -€586 | -51.0% |
| Recurring financial income | 75 | €1,150 | €564 | -€586 | -51.0% |
| Financial charges | 65/66B | €2,663 | €4,504 | +€1,840 | +69.1% |
| Recurring financial charges | 65 | €2,663 | €4,504 | +€1,840 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | -€62,016 | €10,078 | +€72,094 | |
| Income taxes | 67/77 | €1,490 | €1,113 | -€377 | -25.3% |
| Profit (loss) for the period | 9904 | -€63,506 | €8,965 | +€72,471 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,506 | €8,965 | +€72,471 |
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 4 October 2026 via checked.be.