DIPA: 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.
DIPA
Largest movements
- Receivables after one year +€500,000
new in 2025: €500,000
- Stocks and contracts -€360,941
down €360,941 (-100.0%), from €360,941 to €0
- Receivables within one year -€49,695
down €49,695 (-81.6%), from €60,903 to €11,208
of which Trade receivables: -€33,773
- Cash -€25,320
down €25,320 (-6.8%), from €372,996 to €347,676
mainly Receivables after one year (-€500,000) and Advances received (-€482,471)
- Advances received -€482,471
down €482,471 (-100.0%), from €482,471 to €0
- Debts after one year +€312,304
up €312,304 (+156.2%), from €199,886 to €512,190
- Other debts +€198,157
new in 2025: €198,157
- Reserves +€13,781
up €13,781 (+4.8%), from €286,553 to €300,334
of which Distributable reserves: +€13,781
- Gross operating margin -€61,177
down €61,177 (-29.0%), from €210,987 to €149,810
- Staff costs -€54,548
down €54,548 (-37.3%), from €146,215 to €91,667
- Financial charges +€5,282
up €5,282 (+39.0%), from €13,533 to €18,814
- Financial income +€3,213
up €3,213 (+22.8%), from €14,076 to €17,289
of which Non-recurring financial income: +€8,647
- Depreciation -€2,280
down €2,280 (-6.0%), from €38,101 to €35,820
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 | €1,111,303 | €1,164,526 | +€53,224 | +4.8% |
| Fixed assets | 21/28 | €316,464 | €305,643 | -€10,820 | -3.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €238,126 | €227,306 | -€10,820 | -4.5% |
| Land and buildings | 22 | €232,527 | €198,872 | -€33,655 | -14.5% |
| Plant, machinery and equipment | 23 | €3,188 | €27,262 | +€24,074 | +755.1% |
| Furniture and vehicles | 24 | €2,411 | €1,172 | -€1,239 | -51.4% |
| Financial fixed assets | 28 | €78,337 | €78,337 | = | 0.0% |
| Current assets | 29/58 | €794,839 | €858,883 | +€64,044 | +8.1% |
| Amounts receivable after more than one year | 29 | - | €500,000 | +€500,000 | |
| Other amounts receivable | 291 | - | €500,000 | +€500,000 | |
| Stocks and contracts in progress | 3 | €360,941 | €0 | -€360,941 | -100.0% |
| Contracts in progress | 37 | €360,941 | €0 | -€360,941 | -100.0% |
| Amounts receivable within one year | 40/41 | €60,903 | €11,208 | -€49,695 | -81.6% |
| Trade receivables | 40 | €43,666 | €9,892 | -€33,773 | -77.3% |
| Other amounts receivable | 41 | €17,237 | €1,316 | -€15,922 | -92.4% |
| Cash at bank and in hand | 54/58 | €372,996 | €347,676 | -€25,320 | -6.8% |
| Total equity and liabilities | 10/49 | €1,111,303 | €1,164,526 | +€53,224 | +4.8% |
| Equity | 10/15 | €311,553 | €325,334 | +€13,781 | +4.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €286,553 | €300,334 | +€13,781 | +4.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €286,553 | €300,334 | +€13,781 | +4.8% |
| Amounts payable | 17/49 | €799,750 | €839,193 | +€39,443 | +4.9% |
| Amounts payable after more than one year | 17 | €199,886 | €512,190 | +€312,304 | +156.2% |
| Financial debts | 170/4 | €199,886 | €512,190 | +€312,304 | +156.2% |
| Amounts payable within one year | 42/48 | €599,864 | €327,003 | -€272,861 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €28,571 | €37,697 | +€9,125 | +31.9% |
| Trade debts | 44 | €67,812 | €72,023 | +€4,211 | +6.2% |
| Suppliers | 440/4 | €67,812 | €72,023 | +€4,211 | +6.2% |
| Advances received on contracts in progress | 46 | €482,471 | €0 | -€482,471 | -100.0% |
| Taxes, remuneration and social security | 45 | €21,010 | €19,126 | -€1,884 | -9.0% |
| Taxes | 450/3 | €5,326 | €5,483 | +€157 | +2.9% |
| Remuneration and social security | 454/9 | €15,684 | €13,643 | -€2,041 | -13.0% |
| Other amounts payable | 47/48 | - | €198,157 | +€198,157 | |
| Remuneration, social security and pensions | 62 | €146,215 | €91,667 | -€54,548 | -37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,101 | €35,820 | -€2,280 | -6.0% |
| Other operating charges | 640/8 | €4,910 | €5,261 | +€351 | +7.2% |
| Gross operating margin | 9900 | €210,987 | €149,810 | -€61,177 | -29.0% |
| Operating profit (loss) | 9901 | €21,762 | €17,062 | -€4,700 | -21.6% |
| Financial income | 75/76B | €14,076 | €17,289 | +€3,213 | +22.8% |
| Recurring financial income | 75 | €14,076 | €8,642 | -€5,433 | -38.6% |
| Non-recurring financial income | 76B | - | €8,647 | +€8,647 | |
| Financial charges | 65/66B | €13,533 | €18,814 | +€5,282 | +39.0% |
| Recurring financial charges | 65 | €13,533 | €18,814 | +€5,282 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €22,305 | €15,537 | -€6,768 | -30.3% |
| Income taxes | 67/77 | €2,369 | €1,756 | -€614 | -25.9% |
| Profit (loss) for the period | 9904 | €19,935 | €13,781 | -€6,154 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,935 | €13,781 | -€6,154 | -30.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.