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DICD: 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.

What changed

DICD

BE 0778.682.841
NACE 37.000, Sewerage
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,958
2024 · €7,202-€2,244
Equity
€17,688
2024 · €12,731+€4,958
Cash
€15,285
2024 · €8,958+€6,327
Balance sheet total
€144,748
2024 · €188,187-€43,439

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€37,150

    down €37,150 (-27.9%), from €133,303 to €96,152

    of which Furniture and vehicles: -€21,830

  • Receivables within one year -€13,128

    down €13,128 (-29.2%), from €44,904 to €31,776

    of which Other amounts receivable: -€17,031

  • Cash +€6,327

    up €6,327 (+70.6%), from €8,958 to €15,285

    mainly Depreciation (+€41,916) and Receivables within one year (+€13,128)

Equity and liabilities
  • Debts after one year -€36,842

    down €36,842 (-33.6%), from €109,646 to €72,805

  • Other debts -€15,482

    down €15,482 (-80.8%), from €19,159 to €3,678

  • Trade debts +€12,869

    up €12,869 (+3616.7%), from €356 to €13,225

  • Tax, wage and social debts -€5,142

    down €5,142 (-83.4%), from €6,163 to €1,021

    of which Taxes: -€5,636

  • Profit (loss) carried forward +€4,958

    up €4,958 (+64.1%), from €7,731 to €12,688

Income statement
  • Gross operating margin -€35,765

    down €35,765 (-37.7%), from €94,940 to €59,175

  • Staff costs -€26,868

    down €26,868 (-82.8%), from €32,458 to €5,590

  • Financial charges -€7,852

    down €7,852 (-73.4%), from €10,705 to €2,852

    of which Financial charges: -€4,746

  • Depreciation +€1,867

    up €1,867 (+4.7%), from €40,049 to €41,916

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €7,202
Gross operating margin -€35,765
Staff costs +€26,868
Depreciation -€1,867
Other operating charges +€313
Other operating items +€250
Financial income -€361
Financial charges +€7,852
Taxes +€466
Result 2025 €4,958

Cash bridge derived

cash 2024 to 2025

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.

From operations +€51,737
Investment -€4,765
Financing -€40,645
Cash 2024 €8,958
Net result for the year +€4,958
Depreciation +€41,916
Receivables within one year +€13,128
Deferred charges and accrued income -€512
Trade debts +€12,869
Tax, wage and social debts -€5,142
Other debts -€15,482
Accrued charges and deferred income +€3
Investment in fixed assets (net) -€4,765
Debts after one year -€36,842
Current portion of long-term debt -€3,804
Cash 2025 €15,285
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €188,187 €144,748 -€43,439 -23.1%
Fixed assets 21/28 €133,438 €96,287 -€37,150 -27.8%
Tangible fixed assets 22/27 €133,303 €96,152 -€37,150 -27.9%
Plant, machinery and equipment 23 €62,063 €46,743 -€15,320 -24.7%
Furniture and vehicles 24 €71,240 €49,409 -€21,830 -30.6%
Financial fixed assets 28 €135 €135 = 0.0%
Current assets 29/58 €54,749 €48,461 -€6,289 -11.5%
Amounts receivable within one year 40/41 €44,904 €31,776 -€13,128 -29.2%
Trade receivables 40 €15,785 €19,687 +€3,903 +24.7%
Other amounts receivable 41 €29,119 €12,088 -€17,031 -58.5%
Cash at bank and in hand 54/58 €8,958 €15,285 +€6,327 +70.6%
Deferred charges and accrued income 490/1 €888 €1,400 +€512 +57.7%
Total equity and liabilities 10/49 €188,187 €144,748 -€43,439 -23.1%
Equity 10/15 €12,731 €17,688 +€4,958 +38.9%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €7,731 €12,688 +€4,958 +64.1%
Amounts payable 17/49 €175,457 €127,059 -€48,397 -27.6%
Amounts payable after more than one year 17 €109,646 €72,805 -€36,842 -33.6%
Financial debts 170/4 €109,646 €72,805 -€36,842 -33.6%
Amounts payable within one year 42/48 €65,810 €54,252 -€11,559 -17.6%
Current portion of amounts payable after more than one year 42 €40,132 €36,328 -€3,804 -9.5%
Trade debts 44 €356 €13,225 +€12,869 +3616.7%
Suppliers 440/4 €356 €13,225 +€12,869 +3616.7%
Taxes, remuneration and social security 45 €6,163 €1,021 -€5,142 -83.4%
Taxes 450/3 €6,086 €450 -€5,636 -92.6%
Remuneration and social security 454/9 €77 €571 +€494 +640.8%
Other amounts payable 47/48 €19,159 €3,678 -€15,482 -80.8%
Accrued charges and deferred income 492/3 - €3 +€3
Non-recurring operating income 76A - €6,440 +€6,440
Remuneration, social security and pensions 62 €32,458 €5,590 -€26,868 -82.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €40,049 €41,916 +€1,867 +4.7%
Other operating charges 640/8 €1,107 €794 -€313 -28.3%
Non-recurring operating charges 66A €250 - -€250
Gross operating margin 9900 €94,940 €59,175 -€35,765 -37.7%
Operating profit (loss) 9901 €21,077 €10,876 -€10,201 -48.4%
Financial income 75/76B €480 €118 -€361 -75.4%
Recurring financial income 75 €480 €118 -€361 -75.4%
Financial charges 65/66B €10,705 €2,852 -€7,852 -73.4%
Recurring financial charges 65 €7,598 €2,852 -€4,746 -62.5%
Non-recurring financial charges 66B €3,107 - -€3,107
Profit (loss) for the period before taxes 9903 €10,851 €8,141 -€2,710 -25.0%
Income taxes 67/77 €3,650 €3,184 -€466 -12.8%
Profit (loss) for the period 9904 €7,202 €4,958 -€2,244 -31.2%
Profit (loss) for the period to be appropriated 9905 €7,202 €4,958 -€2,244 -31.2%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.