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
- Current investments +€1.2m
up €1.2m (+72.9%), from €1.6m to €2.8m
- Receivables within one year -€651,735
down €651,735 (-96.1%), from €678,383 to €26,647
of which Other amounts receivable: -€649,913
- Tangible fixed assets -€621,623
down €621,623 (-19.7%), from €3.2m to €2.5m
of which Land and buildings: -€613,695
- Reserves -€111,548
down €111,548 (-1.6%), from €6.8m to €6.7m
- Financial income -€8.8m
down €8.8m (-95.8%), from €9.1m to €384,665
of which Non-recurring financial income: -€8.6m
- Financial charges -€8.6m
down €8.6m (-100.0%), from €8.6m to €747
of which Non-recurring financial charges: -€8.6m
- Gross operating margin -€212,218
down €212,218 (-37.5%), from €565,659 to €353,441
- Depreciation +€193,307
up €193,307 (+41.5%), from €465,520 to €658,827
- Staff costs -€78,727
no longer reported in 2025 (was €78,727)
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 | €9,470,385 | €9,352,629 | -€117,756 | -1.2% |
| Fixed assets | 21/28 | €3,156,881 | €2,535,258 | -€621,623 | -19.7% |
| Tangible fixed assets | 22/27 | €3,156,881 | €2,535,258 | -€621,623 | -19.7% |
| Land and buildings | 22 | €3,115,641 | €2,501,946 | -€613,695 | -19.7% |
| Furniture and vehicles | 24 | €21,405 | €16,969 | -€4,436 | -20.7% |
| Other tangible fixed assets | 26 | €19,835 | €16,342 | -€3,493 | -17.6% |
| Current assets | 29/58 | €6,313,504 | €6,817,372 | +€503,867 | +8.0% |
| Amounts receivable after more than one year | 29 | €4,015,369 | €4,015,369 | = | 0.0% |
| Other amounts receivable | 291 | €4,015,369 | €4,015,369 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €678,383 | €26,647 | -€651,735 | -96.1% |
| Trade receivables | 40 | €10,776 | €8,954 | -€1,822 | -16.9% |
| Other amounts receivable | 41 | €667,607 | €17,693 | -€649,913 | -97.3% |
| Current investments | 50/53 | €1,594,597 | €2,756,893 | +€1.2m | +72.9% |
| Cash at bank and in hand | 54/58 | €24,845 | €18,463 | -€6,382 | -25.7% |
| Deferred charges and accrued income | 490/1 | €311 | - | -€311 | |
| Total equity and liabilities | 10/49 | €9,470,385 | €9,352,629 | -€117,756 | -1.2% |
| Equity | 10/15 | €9,287,242 | €9,175,693 | -€111,548 | -1.2% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €6,787,242 | €6,675,693 | -€111,548 | -1.6% |
| Distributable reserves | 133 | €6,787,242 | €6,675,693 | -€111,548 | -1.6% |
| Amounts payable | 17/49 | €183,143 | €176,936 | -€6,207 | -3.4% |
| Amounts payable within one year | 42/48 | €181,143 | €174,936 | -€6,207 | -3.4% |
| Trade debts | 44 | €616 | €2,627 | +€2,011 | +326% |
| Suppliers | 440/4 | €616 | €2,627 | +€2,011 | +326% |
| Taxes, remuneration and social security | 45 | €176,924 | €172,309 | -€4,615 | -2.6% |
| Taxes | 450/3 | €176,924 | €172,309 | -€4,615 | -2.6% |
| Other amounts payable | 47/48 | €3,603 | - | -€3,603 | |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Non-recurring operating income | 76A | €12,139 | - | -€12,139 | |
| Remuneration, social security and pensions | 62 | €78,727 | - | -€78,727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €465,520 | €658,827 | +€193,307 | +41.5% |
| Other operating charges | 640/8 | €40,224 | €31,403 | -€8,821 | -21.9% |
| Gross operating margin | 9900 | €565,659 | €353,441 | -€212,218 | -37.5% |
| Operating profit (loss) | 9901 | -€18,812 | -€336,788 | -€317,977 | -1,690% |
| Financial income | 75/76B | €9,138,520 | €384,665 | -€8.8m | -95.8% |
| Recurring financial income | 75 | €503,331 | €384,665 | -€118,667 | -23.6% |
| Non-recurring financial income | 76B | €8,635,189 | - | -€8.6m | |
| Financial charges | 65/66B | €8,641,517 | €747 | -€8.6m | -100.0% |
| Recurring financial charges | 65 | €2,165 | €747 | -€1,418 | -65.5% |
| Non-recurring financial charges | 66B | €8,639,352 | - | -€8.6m | |
| Profit (loss) for the period before taxes | 9903 | €478,192 | €47,129 | -€431,063 | -90.1% |
| Income taxes | 67/77 | €172,771 | €158,677 | -€14,093 | -8.2% |
| Profit (loss) for the period | 9904 | €305,421 | -€111,548 | -€416,970 | |
| Profit (loss) for the period to be appropriated | 9905 | €305,421 | -€111,548 | -€416,970 |
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 13 October 2026 via checked.be.