DIONYSIUS: 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.
What changed
DIONYSIUS
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€786,614
2024 · €804,204-€17,590
Equity
€7.8m
2024 · €8.2m-€413,386
Cash
€86,628
2024 · €114,370-€27,741
Balance sheet total
€8.4m
2024 · €9.1m-€672,228
Largest movements
Assets
- Current investments -€500,000
down €500,000 (-62.5%), from €800,000 to €300,000
- Tangible fixed assets -€154,402
down €154,402 (-1.9%), from €8.1m to €8.0m
of which Land and buildings: -€245,974
Equity and liabilities
- Reserves -€413,386
down €413,386 (-8.3%), from €5.0m to €4.6m
of which Distributable reserves: -€413,386
- Other debts -€300,000
down €300,000 (-37.5%), from €800,000 to €500,000
Income statement
- Depreciation +€62,245
up €62,245 (+13.3%), from €467,496 to €529,742
- Gross operating margin +€34,499
up €34,499 (+2.0%), from €1.7m to €1.7m
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.
Result 2024
€804,204
Gross operating margin
+€34,499
Depreciation
-€62,245
Other operating charges
+€10,859
Financial income
-€1,068
Financial charges
-€10,062
Taxes
+€10,427
Result 2025
€786,614
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.
From operations
+€1.0m
Investment
+€124,661
Financing
-€1.2m
Cash 2024
€114,370
From operations (derived)
+€1.0m
Net result for the year
+€786,614
Depreciation
+€529,742
Receivables within one year
-€10,729
Smaller working-capital items
+€3,199
Trade debts
+€26,737
Tax, wage and social debts
+€12,035
Other debts
-€300,000
Investment (derived)
+€124,661
Investment in fixed assets (net)
-€375,339
Current investments
+€500,000
Financing
-€1.2m
Contributions, distributions and other
-€1.2m
Cash 2025
€86,628
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,097,846 | €8,425,618 | -€672,228 | -7.4% |
| Fixed assets | 21/28 | €8,133,786 | €7,979,384 | -€154,402 | -1.9% |
| Tangible fixed assets | 22/27 | €8,133,786 | €7,979,384 | -€154,402 | -1.9% |
| Land and buildings | 22 | €7,731,870 | €7,485,896 | -€245,974 | -3.2% |
| Plant, machinery and equipment | 23 | €401,916 | €484,156 | +€82,240 | +20.5% |
| Furniture and vehicles | 24 | - | €9,332 | +€9,332 | |
| Current assets | 29/58 | €964,060 | €446,235 | -€517,826 | -53.7% |
| Amounts receivable within one year | 40/41 | €21,164 | €31,894 | +€10,729 | +50.7% |
| Trade receivables | 40 | €4,655 | €5,277 | +€622 | +13.4% |
| Other amounts receivable | 41 | €16,509 | €26,616 | +€10,107 | +61.2% |
| Current investments | 50/53 | €800,000 | €300,000 | -€500,000 | -62.5% |
| Cash at bank and in hand | 54/58 | €114,370 | €86,628 | -€27,741 | -24.3% |
| Deferred charges and accrued income | 490/1 | €28,526 | €27,713 | -€814 | -2.9% |
| Total equity and liabilities | 10/49 | €9,097,846 | €8,425,618 | -€672,228 | -7.4% |
| Equity | 10/15 | €8,240,582 | €7,827,196 | -€413,386 | -5.0% |
| Contributions | 10/11 | €3,240,844 | €3,240,844 | = | 0.0% |
| Capital | 10 | €3,210,000 | €3,210,000 | = | 0.0% |
| Issued capital | 100 | €3,210,000 | €3,210,000 | = | 0.0% |
| Outside capital | 11 | €30,844 | €30,844 | = | 0.0% |
| Share premium | 1100/10 | €30,844 | €30,844 | = | 0.0% |
| Reserves | 13 | €4,999,739 | €4,586,353 | -€413,386 | -8.3% |
| Non-distributable reserves | 130/1 | €321,000 | €321,000 | = | 0.0% |
| Legal reserve | 130 | €321,000 | €321,000 | = | 0.0% |
| Distributable reserves | 133 | €4,678,739 | €4,265,353 | -€413,386 | -8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €857,264 | €598,422 | -€258,842 | -30.2% |
| Amounts payable after more than one year | 17 | €14,391 | €14,391 | = | 0.0% |
| Financial debts | 170/4 | €14,391 | - | -€14,391 | |
| Other amounts payable | 178/9 | - | €14,391 | +€14,391 | |
| Amounts payable within one year | 42/48 | €829,336 | €568,108 | -€261,228 | -31.5% |
| Trade debts | 44 | €21,858 | €48,594 | +€26,737 | +122.3% |
| Suppliers | 440/4 | €21,858 | €48,594 | +€26,737 | +122.3% |
| Taxes, remuneration and social security | 45 | €7,478 | €19,514 | +€12,035 | +160.9% |
| Taxes | 450/3 | €7,478 | €19,514 | +€12,035 | +160.9% |
| Other amounts payable | 47/48 | €800,000 | €500,000 | -€300,000 | -37.5% |
| Accrued charges and deferred income | 492/3 | €13,537 | €15,923 | +€2,386 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467,496 | €529,742 | +€62,245 | +13.3% |
| Other operating charges | 640/8 | €175,726 | €164,868 | -€10,859 | -6.2% |
| Gross operating margin | 9900 | €1,696,667 | €1,731,166 | +€34,499 | +2.0% |
| Operating profit (loss) | 9901 | €1,053,444 | €1,036,557 | -€16,887 | -1.6% |
| Financial income | 75/76B | €13,214 | €12,146 | -€1,068 | -8.1% |
| Recurring financial income | 75 | €13,214 | €12,146 | -€1,068 | -8.1% |
| Financial charges | 65/66B | €0 | €10,062 | +€10,062 | |
| Recurring financial charges | 65 | €0 | €10,062 | +€10,062 | |
| Profit (loss) for the period before taxes | 9903 | €1,066,659 | €1,038,642 | -€28,017 | -2.6% |
| Income taxes | 67/77 | €262,455 | €252,028 | -€10,427 | -4.0% |
| Profit (loss) for the period | 9904 | €804,204 | €786,614 | -€17,590 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €804,204 | €786,614 | -€17,590 | -2.2% |
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 3 October 2026 via checked.be.