Dierendonck Consulting: 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
Dierendonck Consulting
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€178,191
2024 · €150,809+€27,382
Equity
€705,216
2024 · €557,025+€148,191
Cash
€11,589
2024 · €2,126+€9,463
Balance sheet total
€4.3m
2024 · €4.4m-€134,717
Largest movements
Assets
- Receivables within one year -€88,580
down €88,580 (-28.2%), from €313,658 to €225,078
of which Trade receivables: -€93,210
- Tangible fixed assets -€57,248
down €57,248 (-3.0%), from €1.9m to €1.8m
of which Land and buildings: -€67,752
Equity and liabilities
- Other debts -€193,154
down €193,154 (-57.4%), from €336,616 to €143,462
- Reserves +€148,191
up €148,191 (+26.7%), from €556,025 to €704,216
- Debts after one year -€91,716
down €91,716 (-5.9%), from €1.6m to €1.5m
Income statement
- Gross operating margin +€43,195
up €43,195 (+10.8%), from €399,943 to €443,138
- Taxes +€9,036
up €9,036 (+17.2%), from €52,474 to €61,510
- Financial charges -€8,242
down €8,242 (-6.9%), from €119,515 to €111,274
- Staff costs +€7,341
new in 2025: €7,341
- Other operating charges +€5,622
up €5,622 (+39.1%), from €14,369 to €19,991
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.
Result 2024
€150,809
Gross operating margin
+€43,195
Staff costs
-€7,341
Depreciation
-€71
Other operating charges
-€5,622
Financial income
-€1,986
Financial charges
+€8,242
Taxes
-€9,036
Result 2025
€178,191
raises the resultlowers the result
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.
From operations
+€116,956
Investment
-€20,337
Financing
-€87,156
Cash 2024
€2,126
From operations (derived)
+€116,956
Net result for the year
+€178,191
Depreciation
+€71,462
Receivables within one year
+€88,580
Deferred charges and accrued income
+€4,475
Provisions
-€25,141
Trade debts
-€1,033
Tax, wage and social debts
+€2,328
Other debts
-€193,154
Accrued charges and deferred income
-€8,751
Investment (derived)
-€20,337
Investment in fixed assets (net)
-€20,337
Financing
-€87,156
Debts after one year
-€91,716
Current portion of long-term debt
+€19,284
Short-term financial debts
+€15,276
Contributions, distributions and other
-€30,000
Cash 2025
€11,589
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,439,730 | €4,305,014 | -€134,717 | -3.0% |
| Fixed assets | 21/28 | €4,061,437 | €4,010,312 | -€51,125 | -1.3% |
| Tangible fixed assets | 22/27 | €1,906,884 | €1,849,636 | -€57,248 | -3.0% |
| Land and buildings | 22 | €1,903,166 | €1,835,414 | -€67,752 | -3.6% |
| Furniture and vehicles | 24 | €3,718 | €14,222 | +€10,504 | +283% |
| Financial fixed assets | 28 | €2,154,553 | €2,160,676 | +€6,122 | +0.3% |
| Current assets | 29/58 | €378,293 | €294,702 | -€83,592 | -22.1% |
| Amounts receivable within one year | 40/41 | €313,658 | €225,078 | -€88,580 | -28.2% |
| Trade receivables | 40 | €313,658 | €220,448 | -€93,210 | -29.7% |
| Other amounts receivable | 41 | - | €4,630 | +€4,630 | |
| Cash at bank and in hand | 54/58 | €2,126 | €11,589 | +€9,463 | +445% |
| Deferred charges and accrued income | 490/1 | €62,510 | €58,035 | -€4,475 | -7.2% |
| Total equity and liabilities | 10/49 | €4,439,730 | €4,305,014 | -€134,717 | -3.0% |
| Equity | 10/15 | €557,025 | €705,216 | +€148,191 | +26.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €556,025 | €704,216 | +€148,191 | +26.7% |
| Distributable reserves | 133 | €556,025 | €704,216 | +€148,191 | +26.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €1,807,995 | €1,782,854 | -€25,141 | -1.4% |
| Provisions for liabilities and charges | 160/5 | €1,807,995 | €1,782,854 | -€25,141 | -1.4% |
| Other liabilities and charges | 164/5 | €1,807,995 | €1,782,854 | -€25,141 | -1.4% |
| Amounts payable | 17/49 | €2,074,710 | €1,816,944 | -€257,766 | -12.4% |
| Amounts payable after more than one year | 17 | €1,550,722 | €1,459,006 | -€91,716 | -5.9% |
| Financial debts | 170/4 | €1,550,722 | €1,459,006 | -€91,716 | -5.9% |
| Amounts payable within one year | 42/48 | €501,745 | €344,446 | -€157,299 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €71,096 | €90,380 | +€19,284 | +27.1% |
| Financial debts | 43 | €33,533 | €48,809 | +€15,276 | +45.6% |
| Credit institutions | 430/8 | €33,533 | €48,809 | +€15,276 | +45.6% |
| Trade debts | 44 | €41,147 | €40,114 | -€1,033 | -2.5% |
| Suppliers | 440/4 | €41,147 | €40,114 | -€1,033 | -2.5% |
| Taxes, remuneration and social security | 45 | €19,353 | €21,681 | +€2,328 | +12.0% |
| Taxes | 450/3 | €19,353 | €17,281 | -€2,072 | -10.7% |
| Remuneration and social security | 454/9 | €0 | €4,400 | +€4,400 | |
| Other amounts payable | 47/48 | €336,616 | €143,462 | -€193,154 | -57.4% |
| Accrued charges and deferred income | 492/3 | €22,244 | €13,493 | -€8,751 | -39.3% |
| Remuneration, social security and pensions | 62 | - | €7,341 | +€7,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,391 | €71,462 | +€71 | +0.1% |
| Other operating charges | 640/8 | €14,369 | €19,991 | +€5,622 | +39.1% |
| Gross operating margin | 9900 | €399,943 | €443,138 | +€43,195 | +10.8% |
| Operating profit (loss) | 9901 | €314,183 | €344,345 | +€30,161 | +9.6% |
| Financial income | 75/76B | €8,615 | €6,629 | -€1,986 | -23.0% |
| Recurring financial income | 75 | €8,615 | €6,629 | -€1,986 | -23.0% |
| Financial charges | 65/66B | €119,515 | €111,274 | -€8,242 | -6.9% |
| Recurring financial charges | 65 | €119,515 | €111,274 | -€8,242 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €203,283 | €239,701 | +€36,418 | +17.9% |
| Income taxes | 67/77 | €52,474 | €61,510 | +€9,036 | +17.2% |
| Profit (loss) for the period | 9904 | €150,809 | €178,191 | +€27,382 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €150,809 | €178,191 | +€27,382 | +18.2% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.