DIBOFISC: 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.
DIBOFISC
Largest movements
- Cash +€245,988
up €245,988 (+692%), from €35,562 to €281,550
mainly Investment in fixed assets (net) (+€226,986) and Net result for the year (+€62,953)
- Financial fixed assets -€175,000
down €175,000 (-18.4%), from €950,733 to €775,733
- Tangible fixed assets -€68,445
down €68,445 (-40.6%), from €168,755 to €100,310
of which Furniture and vehicles: -€58,128
- Receivables after one year -€43,361
down €43,361 (-56.6%), from €76,603 to €33,242
- Current investments +€37,833
new in 2025: €37,833
- Reserves +€47,120
up €47,120 (+7.6%), from €622,448 to €669,568
of which Distributable reserves: +€27,930
- Debts after one year -€46,987
down €46,987 (-21.3%), from €221,006 to €174,019
of which Financial debts: -€46,987
- Other debts +€23,214
up €23,214 (+55.3%), from €41,948 to €65,161
- Trade debts -€14,125
down €14,125 (-73.4%), from €19,252 to €5,127
- Gross operating margin +€20,546
up €20,546 (+19.7%), from €104,044 to €124,590
- Depreciation -€14,594
down €14,594 (-47.0%), from €31,053 to €16,459
- Taxes +€6,326
up €6,326 (+46.1%), from €13,734 to €20,060
- Financial income -€2,120
down €2,120 (-15.1%), from €14,004 to €11,884
- Financial charges -€1,487
down €1,487 (-4.2%), from €35,236 to €33,749
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 | €1,254,718 | €1,274,535 | +€19,817 | +1.6% |
| Fixed assets | 21/28 | €1,119,488 | €876,043 | -€243,445 | -21.7% |
| Tangible fixed assets | 22/27 | €168,755 | €100,310 | -€68,445 | -40.6% |
| Land and buildings | 22 | €22,865 | €20,225 | -€2,640 | -11.5% |
| Furniture and vehicles | 24 | €58,879 | €751 | -€58,128 | -98.7% |
| Other tangible fixed assets | 26 | €87,011 | €79,335 | -€7,676 | -8.8% |
| Financial fixed assets | 28 | €950,733 | €775,733 | -€175,000 | -18.4% |
| Current assets | 29/58 | €135,230 | €398,492 | +€263,262 | +195% |
| Amounts receivable after more than one year | 29 | €76,603 | €33,242 | -€43,361 | -56.6% |
| Other amounts receivable | 291 | €76,603 | €33,242 | -€43,361 | -56.6% |
| Amounts receivable within one year | 40/41 | €22,017 | €43,624 | +€21,608 | +98.1% |
| Trade receivables | 40 | €21,780 | €43,560 | +€21,780 | +100% |
| Other amounts receivable | 41 | €237 | €64 | -€173 | -72.8% |
| Current investments | 50/53 | - | €37,833 | +€37,833 | |
| Cash at bank and in hand | 54/58 | €35,562 | €281,550 | +€245,988 | +692% |
| Deferred charges and accrued income | 490/1 | €1,047 | €2,242 | +€1,195 | +114% |
| Total equity and liabilities | 10/49 | €1,254,718 | €1,274,535 | +€19,817 | +1.6% |
| Equity | 10/15 | €641,048 | €688,168 | +€47,120 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €622,448 | €669,568 | +€47,120 | +7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | - | €21,050 | +€21,050 | |
| Distributable reserves | 133 | €620,588 | €648,518 | +€27,930 | +4.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €265,992 | €268,717 | +€2,725 | +1.0% |
| Provisions for liabilities and charges | 160/5 | €265,992 | €268,717 | +€2,725 | +1.0% |
| Other liabilities and charges | 164/5 | €265,992 | €268,717 | +€2,725 | +1.0% |
| Amounts payable | 17/49 | €347,677 | €317,649 | -€30,028 | -8.6% |
| Amounts payable after more than one year | 17 | €221,006 | €174,019 | -€46,987 | -21.3% |
| Financial debts | 170/4 | €111,006 | €64,019 | -€46,987 | -42.3% |
| Other amounts payable | 178/9 | €110,000 | €110,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €116,844 | €134,230 | +€17,386 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €45,801 | €46,987 | +€1,186 | +2.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €19,252 | €5,127 | -€14,125 | -73.4% |
| Suppliers | 440/4 | €19,252 | €5,127 | -€14,125 | -73.4% |
| Taxes, remuneration and social security | 45 | €9,843 | €16,955 | +€7,112 | +72.3% |
| Taxes | 450/3 | €9,843 | €16,955 | +€7,112 | +72.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €41,948 | €65,161 | +€23,214 | +55.3% |
| Accrued charges and deferred income | 492/3 | €9,828 | €9,401 | -€427 | -4.3% |
| Non-recurring operating income | 76A | - | €23,884 | +€23,884 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,053 | €16,459 | -€14,594 | -47.0% |
| Other operating charges | 640/8 | €4,676 | €3,253 | -€1,423 | -30.4% |
| Gross operating margin | 9900 | €104,044 | €124,590 | +€20,546 | +19.7% |
| Operating profit (loss) | 9901 | €68,315 | €104,878 | +€36,564 | +53.5% |
| Financial income | 75/76B | €14,004 | €11,884 | -€2,120 | -15.1% |
| Recurring financial income | 75 | €14,004 | €11,884 | -€2,120 | -15.1% |
| Financial charges | 65/66B | €35,236 | €33,749 | -€1,487 | -4.2% |
| Recurring financial charges | 65 | €35,236 | €33,749 | -€1,487 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €47,083 | €83,013 | +€35,930 | +76.3% |
| Income taxes | 67/77 | €13,734 | €20,060 | +€6,326 | +46.1% |
| Profit (loss) for the period | 9904 | €33,349 | €62,953 | +€29,604 | +88.8% |
| Transfer to tax-exempt reserves | 689 | - | €21,050 | +€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,349 | €41,903 | +€8,554 | +25.7% |
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 15 October 2026 via checked.be.