DIONISIO: 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.
DIONISIO
Largest movements
- Tangible fixed assets -€13,119
down €13,119 (-5.4%), from €243,398 to €230,278
of which Land and buildings: -€11,939
- Cash -€3,125
down €3,125 (-19.7%), from €15,884 to €12,760
mainly Debts after one year (-€29,803) and Trade debts (-€12,116)
- Debts after one year -€29,803
down €29,803 (-28.1%), from €105,935 to €76,132
- Trade debts -€12,116
down €12,116 (-15.8%), from €76,829 to €64,714
- Current portion of long-term debt +€11,933
up €11,933 (+42.1%), from €28,367 to €40,299
- Profit (loss) carried forward +€8,225
up €8,225 (+23.1%), from -€35,595 to -€27,370
- Tax, wage and social debts +€5,020
up €5,020 (+61.4%), from €8,178 to €13,198
of which Taxes: +€5,020
- Other operating charges -€4,620
down €4,620 (-80.6%), from €5,734 to €1,114
- Taxes +€3,384
up €3,384 (+818.2%), from €414 to €3,797
- Financial charges -€1,405
down €1,405 (-25.9%), from €5,419 to €4,014
- Depreciation -€1,104
down €1,104 (-7.8%), from €14,223 to €13,119
- Gross operating margin +€512
up €512 (+1.7%), from €29,619 to €30,131
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 | €262,445 | €244,237 | -€18,209 | -6.9% |
| Fixed assets | 21/28 | €243,398 | €230,278 | -€13,119 | -5.4% |
| Tangible fixed assets | 22/27 | €243,398 | €230,278 | -€13,119 | -5.4% |
| Land and buildings | 22 | €238,788 | €226,849 | -€11,939 | -5.0% |
| Plant, machinery and equipment | 23 | €4,610 | €3,430 | -€1,180 | -25.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €19,048 | €13,958 | -€5,089 | -26.7% |
| Stocks and contracts in progress | 3 | €752 | €994 | +€242 | +32.2% |
| Stocks | 30/36 | €752 | €994 | +€242 | +32.2% |
| Amounts receivable within one year | 40/41 | €2,411 | €204 | -€2,207 | -91.5% |
| Trade receivables | 40 | €2,406 | €199 | -€2,207 | -91.7% |
| Other amounts receivable | 41 | €5 | €5 | +€0 | +1.1% |
| Cash at bank and in hand | 54/58 | €15,884 | €12,760 | -€3,125 | -19.7% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €262,445 | €244,237 | -€18,209 | -6.9% |
| Equity | 10/15 | €2,905 | €11,130 | +€8,225 | +283.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,595 | -€27,370 | +€8,225 | +23.1% |
| Amounts payable | 17/49 | €259,541 | €233,107 | -€26,434 | -10.2% |
| Amounts payable after more than one year | 17 | €105,935 | €76,132 | -€29,803 | -28.1% |
| Financial debts | 170/4 | €105,935 | €76,132 | -€29,803 | -28.1% |
| Amounts payable within one year | 42/48 | €148,918 | €153,435 | +€4,517 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €28,367 | €40,299 | +€11,933 | +42.1% |
| Trade debts | 44 | €76,829 | €64,714 | -€12,116 | -15.8% |
| Suppliers | 440/4 | €76,829 | €64,714 | -€12,116 | -15.8% |
| Taxes, remuneration and social security | 45 | €8,178 | €13,198 | +€5,020 | +61.4% |
| Taxes | 450/3 | €307 | €5,327 | +€5,020 | +1635.5% |
| Remuneration and social security | 454/9 | €7,871 | €7,871 | = | 0.0% |
| Other amounts payable | 47/48 | €35,545 | €35,224 | -€320 | -0.9% |
| Accrued charges and deferred income | 492/3 | €4,688 | €3,540 | -€1,147 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,223 | €13,119 | -€1,104 | -7.8% |
| Other operating charges | 640/8 | €5,734 | €1,114 | -€4,620 | -80.6% |
| Gross operating margin | 9900 | €29,619 | €30,131 | +€512 | +1.7% |
| Operating profit (loss) | 9901 | €9,662 | €15,898 | +€6,236 | +64.5% |
| Financial income | 75/76B | €187 | €139 | -€48 | -25.8% |
| Recurring financial income | 75 | €187 | €139 | -€48 | -25.8% |
| Financial charges | 65/66B | €5,419 | €4,014 | -€1,405 | -25.9% |
| Recurring financial charges | 65 | €5,419 | €4,014 | -€1,405 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €4,430 | €12,023 | +€7,593 | +171.4% |
| Income taxes | 67/77 | €414 | €3,797 | +€3,384 | +818.2% |
| Profit (loss) for the period | 9904 | €4,016 | €8,225 | +€4,209 | +104.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,016 | €8,225 | +€4,209 | +104.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.