DILLIS: what changed
Two fiscal 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.
DILLIS
Largest movements
- Stocks and contracts +€243,115
up €243,115 (+25.3%), from €959,165 to €1.2m
- Cash +€112,473
up €112,473 (+23.8%), from €472,974 to €585,446
mainly Other debts (+€442,750) and Net result for the year (+€390,557)
- Tangible fixed assets -€75,269
down €75,269 (-43.3%), from €173,941 to €98,673
of which Furniture and vehicles: -€60,352
- Reserves -€462,807
down €462,807 (-19.2%), from €2.4m to €1.9m
of which Distributable reserves: -€357,557
- Other debts +€442,750
up €442,750 (+389.9%), from €113,563 to €556,313
- Profit (loss) carried forward +€390,557
up €390,557 (+70.0%), from €558,143 to €948,699
- Trade debts -€69,919
down €69,919 (-45.1%), from €154,908 to €84,989
- Financial charges +€32,987
up €32,987 (+183.2%), from €18,009 to €50,997
- Staff costs -€28,042
down €28,042 (-9.4%), from €298,516 to €270,474
- Gross operating margin +€23,848
up €23,848 (+3.0%), from €804,429 to €828,277
- Taxes +€17,384
up €17,384 (+15.8%), from €110,030 to €127,414
- Financial income +€10,642
up €10,642 (+20.3%), from €52,439 to €63,082
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 | €3,334,657 | €3,619,753 | +€285,095 | +8.5% |
| Fixed assets | 21/28 | €190,693 | €117,419 | -€73,275 | -38.4% |
| Intangible fixed assets | 21 | €14,411 | €11,911 | -€2,500 | -17.3% |
| Tangible fixed assets | 22/27 | €173,941 | €98,673 | -€75,269 | -43.3% |
| Land and buildings | 22 | €31,566 | €25,253 | -€6,313 | -20.0% |
| Plant, machinery and equipment | 23 | €27,065 | €18,461 | -€8,604 | -31.8% |
| Furniture and vehicles | 24 | €115,311 | €54,959 | -€60,352 | -52.3% |
| Financial fixed assets | 28 | €2,341 | €6,835 | +€4,494 | +192.0% |
| Current assets | 29/58 | €3,143,964 | €3,502,334 | +€358,370 | +11.4% |
| Stocks and contracts in progress | 3 | €959,165 | €1,202,280 | +€243,115 | +25.3% |
| Stocks | 30/36 | €959,165 | €1,202,280 | +€243,115 | +25.3% |
| Amounts receivable within one year | 40/41 | €380,046 | €383,459 | +€3,413 | +0.9% |
| Trade receivables | 40 | €370,588 | €375,428 | +€4,839 | +1.3% |
| Other amounts receivable | 41 | €9,458 | €8,031 | -€1,427 | -15.1% |
| Current investments | 50/53 | €1,319,598 | €1,320,221 | +€623 | 0.0% |
| Cash at bank and in hand | 54/58 | €472,974 | €585,446 | +€112,473 | +23.8% |
| Deferred charges and accrued income | 490/1 | €12,181 | €10,927 | -€1,254 | -10.3% |
| Total equity and liabilities | 10/49 | €3,334,657 | €3,619,753 | +€285,095 | +8.5% |
| Equity | 10/15 | €2,981,026 | €2,908,776 | -€72,250 | -2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,404,283 | €1,941,476 | -€462,807 | -19.2% |
| Tax-exempt reserves | 132 | €315,750 | €210,500 | -€105,250 | -33.3% |
| Distributable reserves | 133 | €2,088,533 | €1,730,976 | -€357,557 | -17.1% |
| Profit (loss) carried forward | 14 | €558,143 | €948,699 | +€390,557 | +70.0% |
| Amounts payable | 17/49 | €353,631 | €710,977 | +€357,346 | +101.1% |
| Amounts payable within one year | 42/48 | €353,352 | €710,681 | +€357,328 | +101.1% |
| Trade debts | 44 | €154,908 | €84,989 | -€69,919 | -45.1% |
| Suppliers | 440/4 | €154,908 | €84,989 | -€69,919 | -45.1% |
| Taxes, remuneration and social security | 45 | €84,882 | €69,379 | -€15,503 | -18.3% |
| Taxes | 450/3 | €47,645 | €36,491 | -€11,154 | -23.4% |
| Remuneration and social security | 454/9 | €37,237 | €32,888 | -€4,349 | -11.7% |
| Other amounts payable | 47/48 | €113,563 | €556,313 | +€442,750 | +389.9% |
| Accrued charges and deferred income | 492/3 | €279 | €296 | +€17 | +6.3% |
| Non-recurring operating income | 76A | €18 | - | -€18 | |
| Remuneration, social security and pensions | 62 | €298,516 | €270,474 | -€28,042 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,075 | €48,841 | +€766 | +1.6% |
| Other operating charges | 640/8 | €2,529 | €2,404 | -€125 | -4.9% |
| Non-recurring operating charges | 66A | - | €673 | +€673 | |
| Gross operating margin | 9900 | €804,429 | €828,277 | +€23,848 | +3.0% |
| Operating profit (loss) | 9901 | €455,310 | €505,885 | +€50,575 | +11.1% |
| Financial income | 75/76B | €52,439 | €63,082 | +€10,642 | +20.3% |
| Recurring financial income | 75 | €52,439 | €63,082 | +€10,642 | +20.3% |
| Financial charges | 65/66B | €18,009 | €50,997 | +€32,987 | +183.2% |
| Recurring financial charges | 65 | €18,009 | €50,997 | +€32,987 | +183.2% |
| Profit (loss) for the period before taxes | 9903 | €489,741 | €517,970 | +€28,230 | +5.8% |
| Income taxes | 67/77 | €110,030 | €127,414 | +€17,384 | +15.8% |
| Profit (loss) for the period | 9904 | €379,710 | €390,557 | +€10,846 | +2.9% |
| Transfer from tax-exempt reserves | 789 | €53,400 | €105,250 | +€51,850 | +97.1% |
| Transfer to tax-exempt reserves | 689 | €52,625 | - | -€52,625 | |
| Profit (loss) for the period to be appropriated | 9905 | €380,485 | €495,807 | +€115,321 | +30.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.