DIPATEX: 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.
DIPATEX
Largest movements
- Cash -€26,376
down €26,376 (-64.5%), from €40,864 to €14,488
mainly Trade debts (-€19,183) and Debts after one year (-€16,959)
- Receivables within one year -€22,771
down €22,771 (-62.5%), from €36,445 to €13,674
of which Trade receivables: -€29,311
- Tangible fixed assets -€7,724
down €7,724 (-17.7%), from €43,671 to €35,947
of which Plant, machinery and equipment: -€19,934
- Stocks and contracts -€1,633
down €1,633 (-5.0%), from €32,948 to €31,316
- Trade debts -€19,183
down €19,183 (-61.4%), from €31,249 to €12,066
- Debts after one year -€16,959
no longer reported in 2025 (was €16,959)
- Reserves -€15,623
down €15,623 (-35.9%), from €43,560 to €27,937
of which Distributable reserves: -€15,623
- Tax, wage and social debts -€9,672
down €9,672 (-42.5%), from €22,781 to €13,109
of which Taxes: -€10,883
- Other debts +€8,088
up €8,088 (+1047.5%), from €772 to €8,861
- Gross operating margin -€25,630
down €25,630 (-36.0%), from €71,249 to €45,619
- Taxes -€6,071
down €6,071 (-95.4%), from €6,361 to €290
- Staff costs +€6,006
up €6,006 (+17.5%), from €34,303 to €40,309
- Financial income -€2,426
down €2,426 (-95.2%), from €2,548 to €122
- Financial charges -€1,939
down €1,939 (-29.9%), from €6,480 to €4,542
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 | €162,186 | €102,931 | -€59,256 | -36.5% |
| Fixed assets | 21/28 | €49,671 | €41,968 | -€7,703 | -15.5% |
| Tangible fixed assets | 22/27 | €43,671 | €35,947 | -€7,724 | -17.7% |
| Plant, machinery and equipment | 23 | €40,921 | €20,986 | -€19,934 | -48.7% |
| Furniture and vehicles | 24 | €2,750 | €2,508 | -€242 | -8.8% |
| Other tangible fixed assets | 26 | - | €12,452 | +€12,452 | |
| Financial fixed assets | 28 | €6,000 | €6,021 | +€21 | +0.4% |
| Current assets | 29/58 | €112,516 | €60,963 | -€51,553 | -45.8% |
| Stocks and contracts in progress | 3 | €32,948 | €31,316 | -€1,633 | -5.0% |
| Stocks | 30/36 | €32,948 | €31,316 | -€1,633 | -5.0% |
| Amounts receivable within one year | 40/41 | €36,445 | €13,674 | -€22,771 | -62.5% |
| Trade receivables | 40 | €32,194 | €2,883 | -€29,311 | -91.0% |
| Other amounts receivable | 41 | €4,250 | €10,791 | +€6,540 | +153.9% |
| Cash at bank and in hand | 54/58 | €40,864 | €14,488 | -€26,376 | -64.5% |
| Deferred charges and accrued income | 490/1 | €2,258 | €1,486 | -€772 | -34.2% |
| Total equity and liabilities | 10/49 | €162,186 | €102,931 | -€59,256 | -36.5% |
| Equity | 10/15 | €62,201 | €46,537 | -€15,665 | -25.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,560 | €27,937 | -€15,623 | -35.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,700 | €26,077 | -€15,623 | -37.5% |
| Profit (loss) carried forward | 14 | €41 | - | -€41 | |
| Amounts payable | 17/49 | €99,985 | €56,394 | -€43,591 | -43.6% |
| Amounts payable after more than one year | 17 | €16,959 | - | -€16,959 | |
| Financial debts | 170/4 | €16,959 | - | -€16,959 | |
| Amounts payable within one year | 42/48 | €82,639 | €55,994 | -€26,645 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €17,837 | €16,959 | -€878 | -4.9% |
| Financial debts | 43 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Credit institutions | 430/8 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Trade debts | 44 | €31,249 | €12,066 | -€19,183 | -61.4% |
| Suppliers | 440/4 | €31,249 | €12,066 | -€19,183 | -61.4% |
| Taxes, remuneration and social security | 45 | €22,781 | €13,109 | -€9,672 | -42.5% |
| Taxes | 450/3 | €16,698 | €5,815 | -€10,883 | -65.2% |
| Remuneration and social security | 454/9 | €6,083 | €7,294 | +€1,211 | +19.9% |
| Other amounts payable | 47/48 | €772 | €8,861 | +€8,088 | +1047.5% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €34,303 | €40,309 | +€6,006 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,938 | €12,456 | -€1,481 | -10.6% |
| Other operating charges | 640/8 | €3,400 | €3,808 | +€408 | +12.0% |
| Gross operating margin | 9900 | €71,249 | €45,619 | -€25,630 | -36.0% |
| Operating profit (loss) | 9901 | €19,608 | -€10,955 | -€30,563 | |
| Financial income | 75/76B | €2,548 | €122 | -€2,426 | -95.2% |
| Recurring financial income | 75 | €2,548 | €122 | -€2,426 | -95.2% |
| Financial charges | 65/66B | €6,480 | €4,542 | -€1,939 | -29.9% |
| Recurring financial charges | 65 | €6,480 | €4,542 | -€1,939 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €15,676 | -€15,375 | -€31,051 | |
| Income taxes | 67/77 | €6,361 | €290 | -€6,071 | -95.4% |
| Profit (loss) for the period | 9904 | €9,315 | -€15,665 | -€24,980 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,315 | -€15,665 | -€24,980 |
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 8 October 2026 via checked.be.