DICO BeFLux: 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 BeFLux
Largest movements
- Receivables within one year -€125,566
down €125,566 (-38.4%), from €326,712 to €201,146
of which Trade receivables: -€132,705
- Stocks and contracts -€35,507
down €35,507 (-11.2%), from €315,857 to €280,350
- Deferred charges and accrued income +€25,702
up €25,702 (+638.2%), from €4,027 to €29,729
- Cash +€10,168
up €10,168 (+15.1%), from €67,242 to €77,411
mainly Receivables within one year (+€125,566) and Stocks and contracts (+€35,507)
- Trade debts -€137,074
down €137,074 (-47.8%), from €286,999 to €149,926
- Current portion of long-term debt +€25,000
new in 2025: €25,000
- Accrued charges and deferred income +€21,780
new in 2025: €21,780
- Reserves -€20,638
down €20,638 (-76.9%), from €26,838 to €6,200
of which Distributable reserves: -€20,638
- Other debts -€11,476
down €11,476 (-6.0%), from €190,294 to €178,818
- Gross operating margin -€25,142
down €25,142 (-8.9%), from €282,989 to €257,847
- Staff costs +€16,407
up €16,407 (+6.4%), from €256,086 to €272,493
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 | €724,769 | €598,619 | -€126,150 | -17.4% |
| Fixed assets | 21/28 | €10,931 | €9,984 | -€947 | -8.7% |
| Tangible fixed assets | 22/27 | €3,881 | €2,934 | -€947 | -24.4% |
| Plant, machinery and equipment | 23 | €3,881 | €2,934 | -€947 | -24.4% |
| Financial fixed assets | 28 | €7,050 | €7,050 | = | 0.0% |
| Current assets | 29/58 | €713,838 | €588,635 | -€125,203 | -17.5% |
| Stocks and contracts in progress | 3 | €315,857 | €280,350 | -€35,507 | -11.2% |
| Stocks | 30/36 | €315,857 | €280,350 | -€35,507 | -11.2% |
| Amounts receivable within one year | 40/41 | €326,712 | €201,146 | -€125,566 | -38.4% |
| Trade receivables | 40 | €319,160 | €186,455 | -€132,705 | -41.6% |
| Other amounts receivable | 41 | €7,552 | €14,691 | +€7,138 | +94.5% |
| Cash at bank and in hand | 54/58 | €67,242 | €77,411 | +€10,168 | +15.1% |
| Deferred charges and accrued income | 490/1 | €4,027 | €29,729 | +€25,702 | +638.2% |
| Total equity and liabilities | 10/49 | €724,769 | €598,619 | -€126,150 | -17.4% |
| Equity | 10/15 | €88,838 | €66,349 | -€22,489 | -25.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €26,838 | €6,200 | -€20,638 | -76.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €20,638 | - | -€20,638 | |
| Profit (loss) carried forward | 14 | - | -€1,851 | -€1,851 | |
| Amounts payable | 17/49 | €635,931 | €532,270 | -€103,661 | -16.3% |
| Amounts payable after more than one year | 17 | €127,000 | €127,000 | = | 0.0% |
| Financial debts | 170/4 | €127,000 | €127,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €508,931 | €383,490 | -€125,441 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €286,999 | €149,926 | -€137,074 | -47.8% |
| Suppliers | 440/4 | €286,999 | €149,926 | -€137,074 | -47.8% |
| Taxes, remuneration and social security | 45 | €31,638 | €29,747 | -€1,891 | -6.0% |
| Taxes | 450/3 | €1,195 | €525 | -€670 | -56.1% |
| Remuneration and social security | 454/9 | €30,442 | €29,222 | -€1,221 | -4.0% |
| Other amounts payable | 47/48 | €190,294 | €178,818 | -€11,476 | -6.0% |
| Accrued charges and deferred income | 492/3 | - | €21,780 | +€21,780 | |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €256,086 | €272,493 | +€16,407 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €741 | €947 | +€206 | +27.8% |
| Other operating charges | 640/8 | €7,097 | €6,173 | -€924 | -13.0% |
| Gross operating margin | 9900 | €282,989 | €257,847 | -€25,142 | -8.9% |
| Operating profit (loss) | 9901 | €19,065 | -€21,766 | -€40,831 | |
| Financial income | 75/76B | €2,366 | - | -€2,366 | |
| Recurring financial income | 75 | €2,366 | - | -€2,366 | |
| Financial charges | 65/66B | €122 | €199 | +€76 | +62.2% |
| Recurring financial charges | 65 | €122 | €199 | +€76 | +62.2% |
| Profit (loss) for the period before taxes | 9903 | €21,309 | -€21,964 | -€43,273 | |
| Income taxes | 67/77 | €514 | €525 | +€11 | +2.1% |
| Profit (loss) for the period | 9904 | €20,795 | -€22,489 | -€43,284 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,795 | -€22,489 | -€43,284 |
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 11 October 2026 via checked.be.