DICTON: 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.
DICTON
Largest movements
- Receivables within one year -€253,246
down €253,246 (-10.2%), from €2.5m to €2.2m
of which Trade receivables: -€145,145
- Cash +€55,989
up €55,989 (+47.1%), from €118,961 to €174,950
mainly Receivables within one year (+€253,246) and Short-term financial debts (+€100,000)
- Tangible fixed assets -€54,056
down €54,056 (-30.5%), from €177,213 to €123,157
of which Leasing and similar rights: -€34,231
- Trade debts -€333,861
down €333,861 (-23.3%), from €1.4m to €1.1m
- Short-term financial debts +€100,000
up €100,000 (+100.0%), from €100,000 to €200,000
- Other debts +€65,976
new in 2024: €65,976
- Debts after one year -€57,307
down €57,307 (-75.0%), from €76,376 to €19,069
- Tax, wage and social debts -€42,886
down €42,886 (-35.2%), from €121,819 to €78,933
of which Remuneration and social security: -€34,943
- Gross operating margin -€201,397
down €201,397 (-29.3%), from €686,484 to €485,087
- Staff costs -€196,031
down €196,031 (-33.2%), from €590,459 to €394,428
- Financial income -€29,659
down €29,659 (-42.1%), from €70,495 to €40,836
of which Non-recurring financial income: -€38,371
- Financial charges -€11,065
down €11,065 (-43.1%), from €25,676 to €14,611
of which Non-recurring financial charges: -€12,180
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,794,663 | €2,538,199 | -€256,464 | -9.2% |
| Fixed assets | 21/28 | €178,305 | €124,249 | -€54,056 | -30.3% |
| Tangible fixed assets | 22/27 | €177,213 | €123,157 | -€54,056 | -30.5% |
| Land and buildings | 22 | €82,173 | €63,305 | -€18,868 | -23.0% |
| Plant, machinery and equipment | 23 | €8,644 | €8,537 | -€107 | -1.2% |
| Furniture and vehicles | 24 | €13,762 | €12,912 | -€850 | -6.2% |
| Leasing and similar rights | 25 | €72,635 | €38,403 | -€34,231 | -47.1% |
| Financial fixed assets | 28 | €1,092 | €1,092 | = | 0.0% |
| Current assets | 29/58 | €2,616,358 | €2,413,950 | -€202,408 | -7.7% |
| Amounts receivable within one year | 40/41 | €2,482,292 | €2,229,046 | -€253,246 | -10.2% |
| Trade receivables | 40 | €915,460 | €770,316 | -€145,145 | -15.9% |
| Other amounts receivable | 41 | €1,566,831 | €1,458,730 | -€108,101 | -6.9% |
| Current investments | 50/53 | €7,602 | €7,602 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €118,961 | €174,950 | +€55,989 | +47.1% |
| Deferred charges and accrued income | 490/1 | €7,504 | €2,353 | -€5,151 | -68.6% |
| Total equity and liabilities | 10/49 | €2,794,663 | €2,538,199 | -€256,464 | -9.2% |
| Equity | 10/15 | €629,422 | €643,529 | +€14,107 | +2.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €188,355 | €188,355 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,354 | €54,354 | = | 0.0% |
| Distributable reserves | 133 | €132,142 | €132,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | €434,870 | €448,977 | +€14,107 | +3.2% |
| Amounts payable | 17/49 | €2,165,242 | €1,894,670 | -€270,572 | -12.5% |
| Amounts payable after more than one year | 17 | €76,376 | €19,069 | -€57,307 | -75.0% |
| Financial debts | 170/4 | €76,376 | €19,069 | -€57,307 | -75.0% |
| Amounts payable within one year | 42/48 | €1,709,261 | €1,501,118 | -€208,142 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €52,527 | €55,155 | +€2,629 | +5.0% |
| Financial debts | 43 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Credit institutions | 430/8 | €100,000 | €200,000 | +€100,000 | +100.0% |
| Trade debts | 44 | €1,434,915 | €1,101,055 | -€333,861 | -23.3% |
| Suppliers | 440/4 | €1,434,915 | €1,101,055 | -€333,861 | -23.3% |
| Taxes, remuneration and social security | 45 | €121,819 | €78,933 | -€42,886 | -35.2% |
| Taxes | 450/3 | €43,631 | €35,687 | -€7,944 | -18.2% |
| Remuneration and social security | 454/9 | €78,189 | €43,246 | -€34,943 | -44.7% |
| Other amounts payable | 47/48 | - | €65,976 | +€65,976 | |
| Accrued charges and deferred income | 492/3 | €379,605 | €374,482 | -€5,123 | -1.3% |
| Remuneration, social security and pensions | 62 | €590,459 | €394,428 | -€196,031 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,898 | €65,030 | -€1,868 | -2.8% |
| Other operating charges | 640/8 | €14,164 | €12,724 | -€1,440 | -10.2% |
| Non-recurring operating charges | 66A | €10,791 | - | -€10,791 | |
| Gross operating margin | 9900 | €686,484 | €485,087 | -€201,397 | -29.3% |
| Operating profit (loss) | 9901 | €4,172 | €12,905 | +€8,733 | +209.3% |
| Financial income | 75/76B | €70,495 | €40,836 | -€29,659 | -42.1% |
| Recurring financial income | 75 | €31,819 | €40,531 | +€8,712 | +27.4% |
| Non-recurring financial income | 76B | €38,676 | €305 | -€38,371 | -99.2% |
| Financial charges | 65/66B | €25,676 | €14,611 | -€11,065 | -43.1% |
| Recurring financial charges | 65 | €13,496 | €14,611 | +€1,115 | +8.3% |
| Non-recurring financial charges | 66B | €12,180 | - | -€12,180 | |
| Profit (loss) for the period before taxes | 9903 | €48,992 | €39,131 | -€9,861 | -20.1% |
| Income taxes | 67/77 | €25,584 | €25,024 | -€561 | -2.2% |
| Profit (loss) for the period | 9904 | €23,408 | €14,107 | -€9,300 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,408 | €14,107 | -€9,300 | -39.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.