DICO: 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.
DICO
Largest movements
- Receivables within one year +€61,496
up €61,496 (+45.9%), from €133,944 to €195,440
of which Other amounts receivable: +€49,289
- Cash +€4,997
up €4,997 (+23.1%), from €21,660 to €26,657
mainly Net result for the year (+€27,988) and Debts after one year (+€25,777)
- Reserves +€27,988
up €27,988 (+27.8%), from €100,600 to €128,588
of which Distributable reserves: +€27,988
- Debts after one year +€25,777
up €25,777, from €0 to €25,777
- Accrued charges and deferred income +€9,839
up €9,839 (+46.6%), from €21,099 to €30,938
- Tax, wage and social debts -€6,335
down €6,335 (-21.4%), from €29,666 to €23,331
- Current portion of long-term debt +€5,851
up €5,851 (+338.0%), from €1,731 to €7,582
- Turnover -€80,545
down €80,545 (-14.9%), from €540,512 to €459,967
- Purchases and services -€68,971
down €68,971 (-14.1%), from €488,451 to €419,480
- Gross operating margin -€11,575
down €11,575 (-22.2%), from €52,061 to €40,486
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 | €187,840 | €253,031 | +€65,191 | +34.7% |
| Fixed assets | 21/28 | €1,099 | €933 | -€166 | -15.1% |
| Tangible fixed assets | 22/27 | €1,099 | €933 | -€166 | -15.1% |
| Plant, machinery and equipment | 23 | - | €550 | +€550 | |
| Furniture and vehicles | 24 | - | €384 | +€384 | |
| Leasing and similar rights | 25 | €1,099 | - | -€1,099 | |
| Current assets | 29/58 | €186,740 | €252,098 | +€65,357 | +35.0% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Trade receivables | 290 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €133,944 | €195,440 | +€61,496 | +45.9% |
| Trade receivables | 40 | €16,482 | €28,690 | +€12,208 | +74.1% |
| Other amounts receivable | 41 | €117,462 | €166,751 | +€49,289 | +42.0% |
| Cash at bank and in hand | 54/58 | €21,660 | €26,657 | +€4,997 | +23.1% |
| Deferred charges and accrued income | 490/1 | €1,137 | - | -€1,137 | |
| Total equity and liabilities | 10/49 | €187,840 | €253,031 | +€65,191 | +34.7% |
| Equity | 10/15 | €120,524 | €148,512 | +€27,988 | +23.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €100,600 | €128,588 | +€27,988 | +27.8% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €127,988 | +€27,988 | +28.0% |
| Profit (loss) carried forward | 14 | €13,924 | €13,924 | = | 0.0% |
| Amounts payable | 17/49 | €67,316 | €104,519 | +€37,203 | +55.3% |
| Amounts payable after more than one year | 17 | €0 | €25,777 | +€25,777 | |
| Financial debts | 170/4 | €0 | €25,777 | +€25,777 | |
| Amounts payable within one year | 42/48 | €46,216 | €47,804 | +€1,587 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €1,731 | €7,582 | +€5,851 | +338.0% |
| Trade debts | 44 | €14,819 | €16,890 | +€2,071 | +14.0% |
| Suppliers | 440/4 | €14,805 | €16,890 | +€2,085 | +14.1% |
| Bills of exchange payable | 441 | €14 | €0 | -€14 | -100.0% |
| Taxes, remuneration and social security | 45 | €29,666 | €23,331 | -€6,335 | -21.4% |
| Taxes | 450/3 | €29,666 | €23,331 | -€6,335 | -21.4% |
| Accrued charges and deferred income | 492/3 | €21,099 | €30,938 | +€9,839 | +46.6% |
| Turnover | 70 | €540,512 | €459,967 | -€80,545 | -14.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €488,451 | €419,480 | -€68,971 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €933 | +€384 | +69.8% |
| Other operating charges | 640/8 | €3,499 | €860 | -€2,638 | -75.4% |
| Gross operating margin | 9900 | €52,061 | €40,486 | -€11,575 | -22.2% |
| Operating profit (loss) | 9901 | €48,013 | €38,693 | -€9,320 | -19.4% |
| Financial charges | 65/66B | €1,552 | €2,102 | +€550 | +35.4% |
| Recurring financial charges | 65 | €1,552 | €2,102 | +€550 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €46,461 | €36,591 | -€9,870 | -21.2% |
| Income taxes | 67/77 | €13,650 | €8,603 | -€5,047 | -37.0% |
| Profit (loss) for the period | 9904 | €32,811 | €27,988 | -€4,823 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,811 | €27,988 | -€4,823 | -14.7% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.