DILBECO: 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.
DILBECO
Largest movements
- Tangible fixed assets -€302,389
down €302,389 (-71.1%), from €425,216 to €122,827
of which Land and buildings: -€244,847
- Cash +€176,489
up €176,489 (+376%), from €46,940 to €223,429
mainly Investment in fixed assets (net) (+€271,796) and Depreciation (+€30,593)
- Receivables within one year -€10,782
down €10,782 (-24.2%), from €44,617 to €33,835
of which Trade receivables: -€11,020
- Other debts -€70,457
down €70,457 (-33.0%), from €213,628 to €143,171
- Debts after one year -€63,129
no longer reported in 2025 (was €63,129)
of which Financial debts: -€59,379
- Current portion of long-term debt -€17,727
no longer reported in 2025 (was €17,727)
- Reserves +€8,517
up €8,517 (+3.2%), from €264,236 to €272,754
- Financial income +€67,941
up €67,941 (+560%), from €12,124 to €80,065
of which Non-recurring financial income: +€67,957
- Gross operating margin -€52,216
down €52,216, from €35,481 to -€16,735
- Depreciation -€18,480
down €18,480 (-37.7%), from €49,073 to €30,593
- Financial charges -€2,297
down €2,297 (-11.3%), from €20,289 to €17,992
- Other operating charges +€2,154
up €2,154 (+67.4%), from €3,194 to €5,349
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 | €518,310 | €381,239 | -€137,071 | -26.4% |
| Fixed assets | 21/28 | €425,216 | €122,827 | -€302,389 | -71.1% |
| Tangible fixed assets | 22/27 | €425,216 | €122,827 | -€302,389 | -71.1% |
| Land and buildings | 22 | €359,914 | €115,067 | -€244,847 | -68.0% |
| Plant, machinery and equipment | 23 | €983 | €465 | -€518 | -52.7% |
| Furniture and vehicles | 24 | €64,319 | €7,296 | -€57,023 | -88.7% |
| Current assets | 29/58 | €93,094 | €258,412 | +€165,318 | +178% |
| Amounts receivable within one year | 40/41 | €44,617 | €33,835 | -€10,782 | -24.2% |
| Trade receivables | 40 | €44,617 | €33,597 | -€11,020 | -24.7% |
| Other amounts receivable | 41 | - | €238 | +€238 | |
| Cash at bank and in hand | 54/58 | €46,940 | €223,429 | +€176,489 | +376% |
| Deferred charges and accrued income | 490/1 | €1,536 | €1,148 | -€388 | -25.3% |
| Total equity and liabilities | 10/49 | €518,310 | €381,239 | -€137,071 | -26.4% |
| Equity | 10/15 | €215,160 | €223,677 | +€8,517 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €264,236 | €272,754 | +€8,517 | +3.2% |
| Distributable reserves | 133 | €264,236 | €272,754 | +€8,517 | +3.2% |
| Profit (loss) carried forward | 14 | -€67,677 | -€67,677 | = | 0.0% |
| Amounts payable | 17/49 | €303,150 | €157,562 | -€145,588 | -48.0% |
| Amounts payable after more than one year | 17 | €63,129 | - | -€63,129 | |
| Financial debts | 170/4 | €59,379 | - | -€59,379 | |
| Other amounts payable | 178/9 | €3,750 | - | -€3,750 | |
| Amounts payable within one year | 42/48 | €240,021 | €157,562 | -€82,459 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €17,727 | - | -€17,727 | |
| Trade debts | 44 | €431 | €4,974 | +€4,542 | +1,054% |
| Suppliers | 440/4 | €431 | €4,974 | +€4,542 | +1,054% |
| Taxes, remuneration and social security | 45 | €8,235 | €9,418 | +€1,183 | +14.4% |
| Taxes | 450/3 | €8,235 | €9,418 | +€1,183 | +14.4% |
| Other amounts payable | 47/48 | €213,628 | €143,171 | -€70,457 | -33.0% |
| Remuneration, social security and pensions | 62 | €141 | - | -€141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,073 | €30,593 | -€18,480 | -37.7% |
| Other operating charges | 640/8 | €3,194 | €5,349 | +€2,154 | +67.4% |
| Gross operating margin | 9900 | €35,481 | -€16,735 | -€52,216 | |
| Operating profit (loss) | 9901 | -€16,927 | -€52,677 | -€35,749 | -211% |
| Financial income | 75/76B | €12,124 | €80,065 | +€67,941 | +560% |
| Recurring financial income | 75 | €98 | €82 | -€16 | -16.0% |
| Non-recurring financial income | 76B | €12,027 | €79,983 | +€67,957 | +565% |
| Financial charges | 65/66B | €20,289 | €17,992 | -€2,297 | -11.3% |
| Recurring financial charges | 65 | €20,289 | €17,992 | -€2,297 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,092 | €9,397 | +€34,489 | |
| Income taxes | 67/77 | €252 | €880 | +€628 | +249% |
| Profit (loss) for the period | 9904 | -€25,344 | €8,517 | +€33,861 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,344 | €8,517 | +€33,861 |
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 20 October 2026 via checked.be.