DIERCKX: 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.
DIERCKX
Largest movements
- Tangible fixed assets -€60,860
down €60,860 (-8.4%), from €720,539 to €659,679
of which Leasing and similar rights: -€46,448
- Stocks and contracts +€40,533
up €40,533 (+94.6%), from €42,864 to €83,397
- Receivables within one year +€20,940
up €20,940 (+18.8%), from €111,306 to €132,246
of which Other amounts receivable: +€35,027
- Cash +€12,298
up €12,298 (+24.7%), from €49,827 to €62,125
mainly Trade debts (+€61,345) and Investment in fixed assets (net) (+€36,275)
- Trade debts +€61,345
up €61,345 (+61.0%), from €100,542 to €161,887
- Debts after one year -€48,126
down €48,126 (-54.2%), from €88,718 to €40,592
- Other debts -€22,308
down €22,308 (-58.8%), from €37,959 to €15,650
- Current portion of long-term debt +€21,760
up €21,760 (+23.4%), from €92,830 to €114,590
- Gross operating margin -€50,070
down €50,070 (-25.3%), from €198,171 to €148,102
- Depreciation -€22,421
down €22,421 (-47.7%), from €47,006 to €24,585
- Taxes -€8,928
down €8,928 (-93.9%), from €9,511 to €584
- Staff costs +€2,584
up €2,584 (+3.1%), from €84,526 to €87,110
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.
Derived cash bridge
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 | €926,175 | €937,573 | +€11,398 | +1.2% |
| Fixed assets | 21/28 | €720,664 | €659,804 | -€60,860 | -8.4% |
| Tangible fixed assets | 22/27 | €720,539 | €659,679 | -€60,860 | -8.4% |
| Land and buildings | 22 | €639,918 | €627,584 | -€12,334 | -1.9% |
| Plant, machinery and equipment | 23 | €30,860 | €21,511 | -€9,349 | -30.3% |
| Furniture and vehicles | 24 | €3,314 | €10,585 | +€7,271 | +219% |
| Leasing and similar rights | 25 | €46,448 | - | -€46,448 | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €205,511 | €277,769 | +€72,258 | +35.2% |
| Stocks and contracts in progress | 3 | €42,864 | €83,397 | +€40,533 | +94.6% |
| Stocks | 30/36 | €42,864 | €83,397 | +€40,533 | +94.6% |
| Amounts receivable within one year | 40/41 | €111,306 | €132,246 | +€20,940 | +18.8% |
| Trade receivables | 40 | €33,309 | €19,223 | -€14,087 | -42.3% |
| Other amounts receivable | 41 | €77,997 | €113,024 | +€35,027 | +44.9% |
| Cash at bank and in hand | 54/58 | €49,827 | €62,125 | +€12,298 | +24.7% |
| Deferred charges and accrued income | 490/1 | €1,513 | - | -€1,513 | |
| Total equity and liabilities | 10/49 | €926,175 | €937,573 | +€11,398 | +1.2% |
| Equity | 10/15 | €589,262 | €589,262 | = | 0.0% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Revaluation surpluses | 12 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €19,551 | €19,551 | = | 0.0% |
| Distributable reserves | 133 | €19,551 | €19,551 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,305 | €49,305 | = | 0.0% |
| Amounts payable | 17/49 | €336,914 | €348,312 | +€11,398 | +3.4% |
| Amounts payable after more than one year | 17 | €88,718 | €40,592 | -€48,126 | -54.2% |
| Financial debts | 170/4 | €88,718 | €40,592 | -€48,126 | -54.2% |
| Amounts payable within one year | 42/48 | €248,196 | €307,720 | +€59,524 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €92,830 | €114,590 | +€21,760 | +23.4% |
| Trade debts | 44 | €100,542 | €161,887 | +€61,345 | +61.0% |
| Suppliers | 440/4 | €100,542 | €161,887 | +€61,345 | +61.0% |
| Advances received on contracts in progress | 46 | €2,875 | €1,821 | -€1,054 | -36.7% |
| Taxes, remuneration and social security | 45 | €13,990 | €13,771 | -€219 | -1.6% |
| Taxes | 450/3 | €2,501 | €6,105 | +€3,605 | +144% |
| Remuneration and social security | 454/9 | €11,489 | €7,666 | -€3,823 | -33.3% |
| Other amounts payable | 47/48 | €37,959 | €15,650 | -€22,308 | -58.8% |
| Non-recurring operating income | 76A | - | €5,102 | +€5,102 | |
| Remuneration, social security and pensions | 62 | €84,526 | €87,110 | +€2,584 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,006 | €24,585 | -€22,421 | -47.7% |
| Other operating charges | 640/8 | €10,282 | €11,154 | +€871 | +8.5% |
| Non-recurring operating charges | 66A | - | €616 | +€616 | |
| Gross operating margin | 9900 | €198,171 | €148,102 | -€50,070 | -25.3% |
| Operating profit (loss) | 9901 | €56,357 | €24,637 | -€31,720 | -56.3% |
| Financial income | 75/76B | €789 | €771 | -€18 | -2.3% |
| Recurring financial income | 75 | €789 | €771 | -€18 | -2.3% |
| Financial charges | 65/66B | €9,676 | €9,174 | -€502 | -5.2% |
| Recurring financial charges | 65 | €9,676 | €9,174 | -€502 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €47,470 | €16,234 | -€31,236 | -65.8% |
| Income taxes | 67/77 | €9,511 | €584 | -€8,928 | -93.9% |
| Profit (loss) for the period | 9904 | €37,959 | €15,650 | -€22,308 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,959 | €15,650 | -€22,308 | -58.8% |
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 15 October 2026 via checked.be.