DIERCKX PROJECTS: 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 PROJECTS
Largest movements
- Stocks and contracts +€560,734
up €560,734, from €0 to €560,734
- Receivables within one year -€349,320
down €349,320 (-38.5%), from €907,078 to €557,758
of which Other amounts receivable: -€296,635
- Cash -€314,644
down €314,644 (-98.2%), from €320,282 to €5,637
mainly Stocks and contracts (-€560,734) and Net result for the year (-€398,027)
- Short-term financial debts +€514,350
new in 2025: €514,350
- Profit (loss) carried forward -€398,027
down €398,027 (-185.9%), from -€214,083 to -€612,109
- Trade debts -€123,023
down €123,023 (-70.2%), from €175,182 to €52,158
- Tax, wage and social debts -€73,979
down €73,979 (-90.5%), from €81,737 to €7,759
of which Taxes: -€73,979
- Other debts -€33,564
down €33,564 (-2.9%), from €1.1m to €1.1m
- Gross operating margin -€574,993
down €574,993, from €212,666 to -€362,327
- Financial charges -€64,434
down €64,434 (-81.0%), from €79,555 to €15,121
- Staff costs -€17,443
down €17,443 (-100.0%), from €17,443 to €0
- Other operating charges -€7,283
down €7,283 (-70.4%), from €10,353 to €3,070
- Depreciation -€6,284
down €6,284 (-33.6%), from €18,710 to €12,426
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 | €1,305,042 | €1,205,800 | -€99,243 | -7.6% |
| Fixed assets | 21/28 | €77,682 | €81,670 | +€3,987 | +5.1% |
| Tangible fixed assets | 22/27 | €62,182 | €66,170 | +€3,987 | +6.4% |
| Land and buildings | 22 | €32,908 | €50,553 | +€17,644 | +53.6% |
| Plant, machinery and equipment | 23 | €7,387 | €3,258 | -€4,129 | -55.9% |
| Furniture and vehicles | 24 | €21,887 | €12,359 | -€9,528 | -43.5% |
| Other tangible fixed assets | 26 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €15,500 | €15,500 | = | 0.0% |
| Current assets | 29/58 | €1,227,360 | €1,124,130 | -€103,230 | -8.4% |
| Stocks and contracts in progress | 3 | €0 | €560,734 | +€560,734 | |
| Stocks | 30/36 | €0 | €560,734 | +€560,734 | |
| Amounts receivable within one year | 40/41 | €907,078 | €557,758 | -€349,320 | -38.5% |
| Trade receivables | 40 | €173,532 | €120,847 | -€52,685 | -30.4% |
| Other amounts receivable | 41 | €733,546 | €436,911 | -€296,635 | -40.4% |
| Cash at bank and in hand | 54/58 | €320,282 | €5,637 | -€314,644 | -98.2% |
| Total equity and liabilities | 10/49 | €1,305,042 | €1,205,800 | -€99,243 | -7.6% |
| Equity | 10/15 | -€204,083 | -€602,109 | -€398,027 | -195.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,083 | -€612,109 | -€398,027 | -185.9% |
| Amounts payable | 17/49 | €1,509,125 | €1,807,909 | +€298,784 | +19.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,503,618 | €1,802,402 | +€298,784 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 43 | - | €514,350 | +€514,350 | |
| Credit institutions | 430/8 | - | €514,350 | +€514,350 | |
| Trade debts | 44 | €175,182 | €52,158 | -€123,023 | -70.2% |
| Suppliers | 440/4 | €175,182 | €52,158 | -€123,023 | -70.2% |
| Advances received on contracts in progress | 46 | - | €15,000 | +€15,000 | |
| Taxes, remuneration and social security | 45 | €81,737 | €7,759 | -€73,979 | -90.5% |
| Taxes | 450/3 | €81,737 | €7,759 | -€73,979 | -90.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,146,699 | €1,113,135 | -€33,564 | -2.9% |
| Accrued charges and deferred income | 492/3 | €5,507 | €5,507 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €17,443 | €0 | -€17,443 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,710 | €12,426 | -€6,284 | -33.6% |
| Other operating charges | 640/8 | €10,353 | €3,070 | -€7,283 | -70.4% |
| Non-recurring operating charges | 66A | €19,225 | €5,671 | -€13,554 | -70.5% |
| Gross operating margin | 9900 | €212,666 | -€362,327 | -€574,993 | |
| Operating profit (loss) | 9901 | €146,935 | -€383,494 | -€530,429 | |
| Financial income | 75/76B | €626 | €588 | -€38 | -6.0% |
| Recurring financial income | 75 | €626 | €588 | -€38 | -6.0% |
| Financial charges | 65/66B | €79,555 | €15,121 | -€64,434 | -81.0% |
| Recurring financial charges | 65 | €79,555 | €15,121 | -€64,434 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | €68,006 | -€398,027 | -€466,033 | |
| Profit (loss) for the period | 9904 | €68,006 | -€398,027 | -€466,033 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,006 | -€398,027 | -€466,033 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.