dimitri vg: 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.
dimitri vg
Largest movements
- Financial fixed assets +€101,000
up €101,000 (+65.2%), from €155,000 to €256,000
- Receivables within one year +€62,736
up €62,736 (+50.3%), from €124,671 to €187,407
of which Other amounts receivable: +€77,861
- Tangible fixed assets -€6,103
down €6,103 (-29.7%), from €20,521 to €14,418
of which Furniture and vehicles: -€5,665
- Other debts +€91,965
up €91,965 (+228%), from €40,274 to €132,239
- Debts after one year +€55,877
up €55,877 (+93.3%), from €59,867 to €115,744
- Trade debts +€20,934
up €20,934 (+2,065%), from €1,014 to €21,947
- Accrued charges and deferred income -€12,387
no longer reported in 2025 (was €12,387)
- Financial income -€75,000
no longer reported in 2025 (was €75,000)
- Gross operating margin -€15,244
down €15,244 (-40.8%), from €37,367 to €22,123
- Taxes -€5,997
down €5,997 (-76.5%), from €7,841 to €1,843
- Depreciation +€1,245
up €1,245 (+25.6%), from €4,858 to €6,103
- Financial charges -€1,199
down €1,199 (-40.4%), from €2,971 to €1,772
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 | €303,838 | €463,635 | +€159,797 | +52.6% |
| Fixed assets | 21/28 | €175,521 | €270,418 | +€94,897 | +54.1% |
| Tangible fixed assets | 22/27 | €20,521 | €14,418 | -€6,103 | -29.7% |
| Furniture and vehicles | 24 | €16,573 | €10,909 | -€5,665 | -34.2% |
| Other tangible fixed assets | 26 | €3,948 | €3,509 | -€439 | -11.1% |
| Financial fixed assets | 28 | €155,000 | €256,000 | +€101,000 | +65.2% |
| Current assets | 29/58 | €128,317 | €193,217 | +€64,900 | +50.6% |
| Amounts receivable within one year | 40/41 | €124,671 | €187,407 | +€62,736 | +50.3% |
| Trade receivables | 40 | €15,125 | - | -€15,125 | |
| Other amounts receivable | 41 | €109,546 | €187,407 | +€77,861 | +71.1% |
| Cash at bank and in hand | 54/58 | €3,233 | €5,104 | +€1,871 | +57.9% |
| Deferred charges and accrued income | 490/1 | €413 | €706 | +€293 | +71.0% |
| Total equity and liabilities | 10/49 | €303,838 | €463,635 | +€159,797 | +52.6% |
| Equity | 10/15 | €161,087 | €161,172 | +€84 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €142,487 | €142,572 | +€84 | +0.1% |
| Non-distributable reserves | 130/1 | €334 | €334 | = | 0.0% |
| Reserves not available under the articles | 1311 | €334 | €334 | = | 0.0% |
| Distributable reserves | 133 | €142,153 | €142,238 | +€84 | +0.1% |
| Amounts payable | 17/49 | €142,751 | €302,463 | +€159,712 | +112% |
| Amounts payable after more than one year | 17 | €59,867 | €115,744 | +€55,877 | +93.3% |
| Financial debts | 170/4 | €59,867 | €115,744 | +€55,877 | +93.3% |
| Amounts payable within one year | 42/48 | €70,497 | €186,719 | +€116,222 | +165% |
| Current portion of amounts payable after more than one year | 42 | €18,383 | €22,852 | +€4,468 | +24.3% |
| Trade debts | 44 | €1,014 | €21,947 | +€20,934 | +2,065% |
| Suppliers | 440/4 | €1,014 | €21,947 | +€20,934 | +2,065% |
| Taxes, remuneration and social security | 45 | €10,826 | €9,681 | -€1,145 | -10.6% |
| Taxes | 450/3 | €10,826 | €9,681 | -€1,145 | -10.6% |
| Other amounts payable | 47/48 | €40,274 | €132,239 | +€91,965 | +228% |
| Accrued charges and deferred income | 492/3 | €12,387 | - | -€12,387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,858 | €6,103 | +€1,245 | +25.6% |
| Other operating charges | 640/8 | €857 | €1,140 | +€283 | +33.0% |
| Non-recurring operating charges | 66A | - | €11,180 | +€11,180 | |
| Gross operating margin | 9900 | €37,367 | €22,123 | -€15,244 | -40.8% |
| Operating profit (loss) | 9901 | €31,652 | €3,700 | -€27,953 | -88.3% |
| Financial income | 75/76B | €75,000 | - | -€75,000 | |
| Recurring financial income | 75 | €75,000 | - | -€75,000 | |
| Financial charges | 65/66B | €2,971 | €1,772 | -€1,199 | -40.4% |
| Recurring financial charges | 65 | €2,971 | €1,772 | -€1,199 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €103,681 | €1,928 | -€101,754 | -98.1% |
| Income taxes | 67/77 | €7,841 | €1,843 | -€5,997 | -76.5% |
| Profit (loss) for the period | 9904 | €95,841 | €84 | -€95,756 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,841 | €84 | -€95,756 | -99.9% |
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 21 October 2026 via checked.be.