DILACO: 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
DILACO
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€822,074
2023 · -€187,464-€634,610
Equity
€506,696
2023 · €1.3m-€822,074
Cash
€227,583
2023 · €1.2m-€1.0m
Balance sheet total
€9.0m
2023 · €12.1m-€3.1m
Largest movements
Assets
- Receivables within one year -€1.0m
down €1.0m (-21.5%), from €4.8m to €3.8m
of which Trade receivables: -€1.1m
- Cash -€1.0m
down €1.0m (-81.5%), from €1.2m to €227,583
mainly Net result for the year (-€822,074) and Trade debts (-€817,956)
- Intangible fixed assets -€675,532
down €675,532 (-19.3%), from €3.5m to €2.8m
- Deferred charges and accrued income -€402,140
down €402,140 (-70.4%), from €571,579 to €169,439
Equity and liabilities
- Profit (loss) carried forward -€822,074
down €822,074, from €472,981 to -€349,093
- Trade debts -€817,956
down €817,956 (-15.7%), from €5.2m to €4.4m
- Short-term financial debts -€429,871
down €429,871 (-70.0%), from €613,850 to €183,978
- Current portion of long-term debt -€405,775
down €405,775 (-54.7%), from €741,182 to €335,407
- Debts after one year -€187,391
down €187,391 (-14.0%), from €1.3m to €1.2m
Income statement
- Turnover -€2.2m
down €2.2m (-14.7%), from €14.7m to €12.5m
- Staff costs -€1.1m
down €1.1m (-13.5%), from €8.2m to €7.1m
- Goods and materials -€731,587
down €731,587 (-18.9%), from €3.9m to €3.1m
of which Purchases: -€732,329
- Taxes -€219,158
down €219,158 (-98.5%), from €222,492 to €3,333
of which Taxes: -€225,057
- Financial income -€200,057
down €200,057 (-57.1%), from €350,067 to €150,011
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.
Result 2023
-€187,464
Turnover
-€2.2m
Other operating income
-€27,098
Goods and materials
+€731,587
Services and other goods
-€158,271
Staff costs
+€1.1m
Depreciation
-€59,605
Write-downs
-€197,822
Provisions
+€76,519
Other operating charges
+€4,233
Other operating items
+€76,280
Financial income
-€200,057
Financial charges
-€38,862
Taxes
+€219,158
Result 2024
-€822,074
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€116,593
Investment
-€98,702
Financing
-€1.0m
Cash 2023
€1.2m
From operations (derived)
+€116,593
Net result for the year
-€822,074
Depreciation
+€759,296
Stocks and contracts
+€742
Receivables within one year
+€1.0m
Deferred charges and accrued income
+€402,140
Provisions
-€53,687
Trade debts
-€817,956
Tax, wage and social debts
-€171,774
Other debts
-€76,280
Accrued charges and deferred income
-€143,565
Investment (derived)
-€98,702
Investment in fixed assets (net)
-€98,702
Financing
-€1.0m
Debts after one year
-€187,391
Current portion of long-term debt
-€405,775
Short-term financial debts
-€429,871
Cash 2024
€227,583
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,137,284 | €9,028,910 | -€3.1m | -25.6% |
| Fixed assets | 21/28 | €5,483,419 | €4,822,825 | -€660,594 | -12.0% |
| Intangible fixed assets | 21 | €3,504,080 | €2,828,547 | -€675,532 | -19.3% |
| Tangible fixed assets | 22/27 | €62,325 | €98,150 | +€35,825 | +57.5% |
| Plant, machinery and equipment | 23 | €763 | €1,844 | +€1,081 | +142% |
| Furniture and vehicles | 24 | €27,610 | €49,457 | +€21,847 | +79.1% |
| Other tangible fixed assets | 26 | €33,952 | €46,849 | +€12,897 | +38.0% |
| Financial fixed assets | 28 | €1,917,014 | €1,896,128 | -€20,886 | -1.1% |
| Affiliated companies | 280/1 | €1,892,435 | €1,892,435 | = | 0.0% |
| Participating interests | 280 | €1,892,435 | €1,892,435 | = | 0.0% |
| Other financial fixed assets | 284/8 | €24,579 | €3,693 | -€20,886 | -85.0% |
| Amounts receivable and cash guarantees | 285/8 | €24,579 | €3,693 | -€20,886 | -85.0% |
| Current assets | 29/58 | €6,653,865 | €4,206,085 | -€2.4m | -36.8% |
| Stocks and contracts in progress | 3 | €14,000 | €13,258 | -€742 | -5.3% |
| Stocks | 30/36 | €14,000 | €13,258 | -€742 | -5.3% |
| Goods purchased for resale | 34 | €14,000 | €13,258 | -€742 | -5.3% |
| Amounts receivable within one year | 40/41 | €4,835,556 | €3,795,805 | -€1.0m | -21.5% |
| Trade receivables | 40 | €4,750,481 | €3,607,882 | -€1.1m | -24.1% |
| Other amounts receivable | 41 | €85,075 | €187,923 | +€102,848 | +121% |
| Cash at bank and in hand | 54/58 | €1,232,729 | €227,583 | -€1.0m | -81.5% |
| Deferred charges and accrued income | 490/1 | €571,579 | €169,439 | -€402,140 | -70.4% |
| Total equity and liabilities | 10/49 | €12,137,284 | €9,028,910 | -€3.1m | -25.6% |
| Equity | 10/15 | €1,328,770 | €506,696 | -€822,074 | -61.9% |
| Contributions | 10/11 | €772,000 | €772,000 | = | 0.0% |
| Capital | 10 | €772,000 | €772,000 | = | 0.0% |
| Issued capital | 100 | €772,000 | €772,000 | = | 0.0% |
| Reserves | 13 | €83,789 | €83,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €83,789 | €83,789 | = | 0.0% |
| Legal reserve | 130 | €83,789 | €83,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €472,981 | -€349,093 | -€822,074 | |
| Provisions and deferred taxes | 16 | €105,687 | €52,000 | -€53,687 | -50.8% |
| Provisions for liabilities and charges | 160/5 | €105,687 | €52,000 | -€53,687 | -50.8% |
| Pensions and similar obligations | 160 | €52,000 | €52,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €53,687 | €0 | -€53,687 | -100% |
| Amounts payable | 17/49 | €10,702,826 | €8,470,214 | -€2.2m | -20.9% |
| Amounts payable after more than one year | 17 | €1,341,617 | €1,154,225 | -€187,391 | -14.0% |
| Financial debts | 170/4 | €1,341,617 | €1,154,225 | -€187,391 | -14.0% |
| Credit institutions | 173 | €1,341,617 | €1,154,225 | -€187,391 | -14.0% |
| Amounts payable within one year | 42/48 | €8,471,221 | €6,569,565 | -€1.9m | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €741,182 | €335,407 | -€405,775 | -54.7% |
| Financial debts | 43 | €613,850 | €183,978 | -€429,871 | -70.0% |
| Credit institutions | 430/8 | €613,850 | €183,978 | -€429,871 | -70.0% |
| Trade debts | 44 | €5,224,525 | €4,406,568 | -€817,956 | -15.7% |
| Suppliers | 440/4 | €5,224,525 | €4,406,568 | -€817,956 | -15.7% |
| Taxes, remuneration and social security | 45 | €1,615,385 | €1,443,612 | -€171,774 | -10.6% |
| Taxes | 450/3 | €493,933 | €97,883 | -€396,050 | -80.2% |
| Remuneration and social security | 454/9 | €1,121,453 | €1,345,729 | +€224,276 | +20.0% |
| Other amounts payable | 47/48 | €276,280 | €200,000 | -€76,280 | -27.6% |
| Accrued charges and deferred income | 492/3 | €889,988 | €746,423 | -€143,565 | -16.1% |
| Operating income | 70/76A | €15,096,072 | €12,906,350 | -€2.2m | -14.5% |
| Turnover | 70 | €14,680,629 | €12,518,005 | -€2.2m | -14.7% |
| Other operating income | 74 | €415,443 | €388,345 | -€27,098 | -6.5% |
| Operating charges | 60/66A | €15,214,934 | €13,640,063 | -€1.6m | -10.4% |
| Goods for resale, raw materials and consumables | 60 | €3,862,089 | €3,130,501 | -€731,587 | -18.9% |
| Purchases | 600/8 | €3,862,089 | €3,129,759 | -€732,329 | -19.0% |
| Change in stocks: decrease (increase) | 609 | - | €742 | +€742 | |
| Services and other goods | 61 | €2,384,141 | €2,542,412 | +€158,271 | +6.6% |
| Remuneration, social security and pensions | 62 | €8,161,960 | €7,060,009 | -€1.1m | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €699,690 | €759,296 | +€59,605 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €197,822 | +€197,822 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €22,832 | -€53,687 | -€76,519 | |
| Other operating charges | 640/8 | €7,943 | €3,710 | -€4,233 | -53.3% |
| Non-recurring operating charges | 66A | €76,280 | - | -€76,280 | |
| Operating profit (loss) | 9901 | -€118,862 | -€733,713 | -€614,850 | -517% |
| Financial income | 75/76B | €350,067 | €150,011 | -€200,057 | -57.1% |
| Recurring financial income | 75 | €350,067 | €150,011 | -€200,057 | -57.1% |
| Income from financial fixed assets | 750 | €350,000 | €150,000 | -€200,000 | -57.1% |
| Other financial income | 752/9 | €67 | €11 | -€57 | -84.3% |
| Financial charges | 65/66B | €196,177 | €235,039 | +€38,862 | +19.8% |
| Recurring financial charges | 65 | €196,177 | €235,039 | +€38,862 | +19.8% |
| Debt charges | 650 | €159,500 | €178,762 | +€19,262 | +12.1% |
| Other financial charges | 652/9 | €36,676 | €56,276 | +€19,600 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €35,028 | -€818,741 | -€853,769 | |
| Income taxes | 67/77 | €222,492 | €3,333 | -€219,158 | -98.5% |
| Taxes | 670/3 | €228,390 | €3,333 | -€225,057 | -98.5% |
| Tax adjustments and reversals of tax provisions | 77 | €5,898 | - | -€5,898 | |
| Profit (loss) for the period | 9904 | -€187,464 | -€822,074 | -€634,610 | -339% |
| Profit (loss) for the period to be appropriated | 9905 | -€187,464 | -€822,074 | -€634,610 | -339% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.