DICOFOODS: 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.
What changed
DICOFOODS
NACE 46.391, Wholesale trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€1.3m
2023 · €88,652+€1.2m
Equity
€1.5m
2023 · €177,779+€1.3m
Cash
€944,845
2023 · €487,649+€457,196
Balance sheet total
€21.1m
2023 · €14.9m+€6.1m
Largest movements
Assets
- Receivables within one year +€5.6m
up €5.6m (+39.1%), from €14.4m to €20.1m
of which Trade receivables: +€3.5m
- Cash +€457,196
up €457,196 (+93.8%), from €487,649 to €944,845
mainly Trade debts (+€4.4m) and Net result for the year (+€1.3m)
Equity and liabilities
- Trade debts +€4.4m
up €4.4m (+33.5%), from €13.1m to €17.5m
- Profit (loss) carried forward +€1.3m
up €1.3m (+1,209%), from €110,465 to €1.4m
Income statement
- Turnover +€16.2m
up €16.2m (+13.8%), from €118.0m to €134.2m
- Goods and materials +€13.2m
up €13.2m (+12.1%), from €108.7m to €121.9m
From the 2023 result to the 2024 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 2023
€88,652
Turnover
+€16.2m
Other operating income
-€277,396
Goods and materials
-€13.2m
Services and other goods
-€961,447
Staff costs
+€202,101
Other operating charges
-€919
Financial income
-€23,022
Financial charges
-€291,947
Taxes
-€447,355
Result 2024
€1.3m
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€457,196
Investment
€0
Financing
€0
Cash 2023
€487,649
From operations (derived)
+€457,196
Net result for the year
+€1.3m
Receivables within one year
-€5.6m
Trade debts
+€4.4m
Tax, wage and social debts
+€182,840
Other debts
+€204,654
Cash 2024
€944,845
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,949,216 | €21,056,293 | +€6.1m | +40.9% |
| Current assets | 29/58 | €14,949,216 | €21,056,293 | +€6.1m | +40.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €14,446,858 | €20,096,739 | +€5.6m | +39.1% |
| Trade receivables | 40 | €11,445,534 | €14,973,725 | +€3.5m | +30.8% |
| Other amounts receivable | 41 | €3,001,324 | €5,123,014 | +€2.1m | +70.7% |
| Cash at bank and in hand | 54/58 | €487,649 | €944,845 | +€457,196 | +93.8% |
| Deferred charges and accrued income | 490/1 | €14,709 | €14,709 | = | 0.0% |
| Total equity and liabilities | 10/49 | €14,949,216 | €21,056,293 | +€6.1m | +40.9% |
| Equity | 10/15 | €177,779 | €1,514,097 | +€1.3m | +752% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €5,814 | €6,150 | +€336 | +5.8% |
| Non-distributable reserves | 130/1 | €5,814 | €6,150 | +€336 | +5.8% |
| Legal reserve | 130 | €5,814 | €6,150 | +€336 | +5.8% |
| Profit (loss) carried forward | 14 | €110,465 | €1,446,447 | +€1.3m | +1,209% |
| Amounts payable | 17/49 | €14,771,437 | €19,542,196 | +€4.8m | +32.3% |
| Amounts payable within one year | 42/48 | €14,771,437 | €19,542,196 | +€4.8m | +32.3% |
| Trade debts | 44 | €13,082,926 | €17,466,191 | +€4.4m | +33.5% |
| Suppliers | 440/4 | €13,082,926 | €17,466,191 | +€4.4m | +33.5% |
| Taxes, remuneration and social security | 45 | €198,007 | €380,848 | +€182,840 | +92.3% |
| Taxes | 450/3 | €69,969 | €301,088 | +€231,119 | +330% |
| Remuneration and social security | 454/9 | €128,038 | €79,759 | -€48,279 | -37.7% |
| Other amounts payable | 47/48 | €1,490,504 | €1,695,158 | +€204,654 | +13.7% |
| Operating income | 70/76A | €118,861,808 | €134,812,277 | +€16.0m | +13.4% |
| Turnover | 70 | €117,982,051 | €134,209,917 | +€16.2m | +13.8% |
| Other operating income | 74 | €879,757 | €602,360 | -€277,396 | -31.5% |
| Operating charges | 60/66A | €117,726,554 | €131,667,034 | +€13.9m | +11.8% |
| Goods for resale, raw materials and consumables | 60 | €108,693,109 | €121,873,323 | +€13.2m | +12.1% |
| Purchases | 600/8 | €108,693,109 | €121,873,323 | +€13.2m | +12.1% |
| Services and other goods | 61 | €8,226,951 | €9,188,398 | +€961,447 | +11.7% |
| Remuneration, social security and pensions | 62 | €805,995 | €603,895 | -€202,101 | -25.1% |
| Other operating charges | 640/8 | €499 | €1,419 | +€919 | +184% |
| Operating profit (loss) | 9901 | €1,135,254 | €3,145,243 | +€2.0m | +177% |
| Financial income | 75/76B | €166,544 | €143,523 | -€23,022 | -13.8% |
| Recurring financial income | 75 | €166,544 | €143,523 | -€23,022 | -13.8% |
| Other financial income | 752/9 | €166,544 | €143,523 | -€23,022 | -13.8% |
| Financial charges | 65/66B | €1,171,060 | €1,463,006 | +€291,947 | +24.9% |
| Recurring financial charges | 65 | €1,171,060 | €1,463,006 | +€291,947 | +24.9% |
| Debt charges | 650 | €290,442 | €288,913 | -€1,530 | -0.5% |
| Other financial charges | 652/9 | €880,617 | €1,174,094 | +€293,476 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €130,739 | €1,825,759 | +€1.7m | +1,296% |
| Income taxes | 67/77 | €42,086 | €489,441 | +€447,355 | +1,063% |
| Taxes | 670/3 | €42,086 | €489,441 | +€447,355 | +1,063% |
| Profit (loss) for the period | 9904 | €88,652 | €1,336,318 | +€1.2m | +1,407% |
| Profit (loss) for the period to be appropriated | 9905 | €88,652 | €1,336,318 | +€1.2m | +1,407% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.