DINC H.: 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.
DINC H.
Largest movements
- Tangible fixed assets +€2.2m
up €2.2m (+760.3%), from €285,151 to €2.5m
of which Land and buildings: +€2.3m
- Cash -€269,432
down €269,432 (-65.9%), from €408,727 to €139,295
mainly Investment in fixed assets (net) (-€2.6m) and Receivables within one year (-€197,560)
- Intangible fixed assets +€251,461
new in 2025: €251,461
- Receivables within one year +€197,560
up €197,560 (+378.2%), from €52,236 to €249,795
of which Other amounts receivable: +€222,878
- Debts after one year +€1.8m
new in 2025: €1.8m
- Reserves +€329,289
up €329,289 (+46.6%), from €707,227 to €1.0m
of which Distributable reserves: +€329,289
- Tax, wage and social debts +€123,138
up €123,138 (+466.3%), from €26,406 to €149,544
- Current portion of long-term debt +€80,201
up €80,201 (+389.5%), from €20,592 to €100,794
- Short-term financial debts +€40,000
new in 2025: €40,000
- Gross operating margin +€445,292
up €445,292 (+139.8%), from €318,521 to €763,813
- Taxes +€107,398
up €107,398 (+208.9%), from €51,406 to €158,804
- Depreciation +€68,469
up €68,469 (+62.5%), from €109,563 to €178,032
- Financial charges +€32,759
up €32,759 (+1296.3%), from €2,527 to €35,286
- Staff costs +€21,075
up €21,075 (+71.3%), from €29,568 to €50,642
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 | €781,549 | €3,133,814 | +€2.4m | +301.0% |
| Fixed assets | 21/28 | €285,376 | €2,704,838 | +€2.4m | +847.8% |
| Intangible fixed assets | 21 | - | €251,461 | +€251,461 | |
| Tangible fixed assets | 22/27 | €285,151 | €2,453,152 | +€2.2m | +760.3% |
| Land and buildings | 22 | €5,005 | €2,267,875 | +€2.3m | +45215.7% |
| Plant, machinery and equipment | 23 | €85,915 | €64,998 | -€20,917 | -24.3% |
| Furniture and vehicles | 24 | €167,312 | €96,461 | -€70,851 | -42.3% |
| Leasing and similar rights | 25 | €18,110 | €15,610 | -€2,500 | -13.8% |
| Other tangible fixed assets | 26 | €8,810 | €8,209 | -€601 | -6.8% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €496,174 | €428,976 | -€67,197 | -13.5% |
| Stocks and contracts in progress | 3 | €32,560 | €33,244 | +€684 | +2.1% |
| Stocks | 30/36 | €32,560 | €33,244 | +€684 | +2.1% |
| Amounts receivable within one year | 40/41 | €52,236 | €249,795 | +€197,560 | +378.2% |
| Trade receivables | 40 | €25,318 | - | -€25,318 | |
| Other amounts receivable | 41 | €26,917 | €249,795 | +€222,878 | +828.0% |
| Cash at bank and in hand | 54/58 | €408,727 | €139,295 | -€269,432 | -65.9% |
| Deferred charges and accrued income | 490/1 | €2,651 | €6,642 | +€3,991 | +150.6% |
| Total equity and liabilities | 10/49 | €781,549 | €3,133,814 | +€2.4m | +301.0% |
| Equity | 10/15 | €727,977 | €1,057,266 | +€329,289 | +45.2% |
| Contributions | 10/11 | €20,750 | €20,750 | = | 0.0% |
| Reserves | 13 | €707,227 | €1,036,516 | +€329,289 | +46.6% |
| Non-distributable reserves | 130/1 | €2,075 | €2,075 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,075 | €2,075 | = | 0.0% |
| Distributable reserves | 133 | €705,152 | €1,034,441 | +€329,289 | +46.7% |
| Amounts payable | 17/49 | €53,573 | €2,076,548 | +€2.0m | +3776.1% |
| Amounts payable after more than one year | 17 | - | €1,774,514 | +€1.8m | |
| Financial debts | 170/4 | - | €1,774,514 | +€1.8m | |
| Amounts payable within one year | 42/48 | €53,573 | €302,034 | +€248,462 | +463.8% |
| Current portion of amounts payable after more than one year | 42 | €20,592 | €100,794 | +€80,201 | +389.5% |
| Financial debts | 43 | - | €40,000 | +€40,000 | |
| Credit institutions | 430/8 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €6,574 | €11,697 | +€5,123 | +77.9% |
| Suppliers | 440/4 | €6,574 | €11,697 | +€5,123 | +77.9% |
| Taxes, remuneration and social security | 45 | €26,406 | €149,544 | +€123,138 | +466.3% |
| Taxes | 450/3 | €26,406 | €149,544 | +€123,138 | +466.3% |
| Non-recurring operating income | 76A | €21,147 | - | -€21,147 | |
| Remuneration, social security and pensions | 62 | €29,568 | €50,642 | +€21,075 | +71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,563 | €178,032 | +€68,469 | +62.5% |
| Other operating charges | 640/8 | €10,288 | €11,781 | +€1,493 | +14.5% |
| Gross operating margin | 9900 | €318,521 | €763,813 | +€445,292 | +139.8% |
| Operating profit (loss) | 9901 | €169,102 | €523,358 | +€354,256 | +209.5% |
| Financial income | 75/76B | €443 | €22 | -€421 | -95.1% |
| Recurring financial income | 75 | €443 | €22 | -€421 | -95.1% |
| Financial charges | 65/66B | €2,527 | €35,286 | +€32,759 | +1296.3% |
| Recurring financial charges | 65 | €2,527 | €35,286 | +€32,759 | +1296.3% |
| Profit (loss) for the period before taxes | 9903 | €167,018 | €488,093 | +€321,076 | +192.2% |
| Income taxes | 67/77 | €51,406 | €158,804 | +€107,398 | +208.9% |
| Profit (loss) for the period | 9904 | €115,612 | €329,289 | +€213,677 | +184.8% |
| Profit (loss) for the period to be appropriated | 9905 | €115,612 | €329,289 | +€213,677 | +184.8% |
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 9 October 2026 via checked.be.