DIERCKENS-MADICO: what changed
DIERCKENS-MADICO
Largest movements
- Tangible fixed assets -€28,860
down €28,860 (-7.4%), from €392,082 to €363,222
- Cash +€14,345
up €14,345 (+34.0%), from €42,227 to €56,572
mainly Depreciation (+€29,235) and Net result for the year (+€22,919)
- Trade debts -€43,937
down €43,937 (-96.2%), from €45,669 to €1,732
- Reserves +€22,919
up €22,919 (+10.0%), from €230,081 to €253,000
of which Distributable reserves: +€22,919
- Other debts +€8,414
up €8,414 (+305%), from €2,756 to €11,170
- Depreciation +€5,734
up €5,734 (+24.4%), from €23,501 to €29,235
- Taxes -€2,226
down €2,226 (-16.8%), from €13,264 to €11,038
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €434,309 | €419,794 | -€14,515 | -3.3% |
| Fixed assets | 21/28 | €392,082 | €363,222 | -€28,860 | -7.4% |
| Tangible fixed assets | 22/27 | €392,082 | €363,222 | -€28,860 | -7.4% |
| Land and buildings | 22 | €392,082 | €363,222 | -€28,860 | -7.4% |
| Current assets | 29/58 | €42,227 | €56,572 | +€14,345 | +34.0% |
| Cash at bank and in hand | 54/58 | €42,227 | €56,572 | +€14,345 | +34.0% |
| Total equity and liabilities | 10/49 | €434,309 | €419,794 | -€14,515 | -3.3% |
| Equity | 10/15 | €380,081 | €403,000 | +€22,919 | +6.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €230,081 | €253,000 | +€22,919 | +10.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €215,081 | €238,000 | +€22,919 | +10.7% |
| Amounts payable | 17/49 | €54,228 | €16,794 | -€37,434 | -69.0% |
| Amounts payable within one year | 42/48 | €52,892 | €13,982 | -€38,910 | -73.6% |
| Trade debts | 44 | €45,669 | €1,732 | -€43,937 | -96.2% |
| Suppliers | 440/4 | €45,669 | €1,732 | -€43,937 | -96.2% |
| Taxes, remuneration and social security | 45 | €4,467 | €1,080 | -€3,387 | -75.8% |
| Taxes | 450/3 | €4,467 | €1,080 | -€3,387 | -75.8% |
| Other amounts payable | 47/48 | €2,756 | €11,170 | +€8,414 | +305% |
| Accrued charges and deferred income | 492/3 | €1,336 | €2,812 | +€1,476 | +110% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,501 | €29,235 | +€5,734 | +24.4% |
| Other operating charges | 640/8 | €9,996 | €10,246 | +€250 | +2.5% |
| Gross operating margin | 9900 | €74,242 | €73,506 | -€736 | -1.0% |
| Operating profit (loss) | 9901 | €40,745 | €34,025 | -€6,720 | -16.5% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.5% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €40,678 | €33,957 | -€6,721 | -16.5% |
| Income taxes | 67/77 | €13,264 | €11,038 | -€2,226 | -16.8% |
| Profit (loss) for the period | 9904 | €27,414 | €22,919 | -€4,495 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,414 | €22,919 | -€4,495 | -16.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.