DIPI BRUSSELS: 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.
DIPI BRUSSELS
Largest movements
- Current investments +€1.5m
up €1.5m (+2,028%), from €75,145 to €1.6m
- Receivables within one year -€1.1m
down €1.1m (-94.9%), from €1.2m to €60,561
of which Other amounts receivable: -€1.2m
- Cash +€612,486
up €612,486 (+187%), from €327,108 to €939,594
mainly Short-term financial debts (+€1.8m) and Receivables within one year (+€1.1m)
- Short-term financial debts +€1.8m
up €1.8m (+62.5%), from €3.0m to €4.8m
- Debts after one year -€936,524
down €936,524 (-6.8%), from €13.7m to €12.8m
of which Financial debts: -€934,343
- Financial charges +€132,180
up €132,180 (+34.0%), from €388,500 to €520,680
- Depreciation -€56,893
down €56,893 (-6.8%), from €840,849 to €783,956
- Gross operating margin +€38,209
up €38,209 (+2.6%), from €1.5m to €1.5m
- Taxes +€21,929
up €21,929 (+133%), from €16,428 to €38,357
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,305,499 | €20,377,496 | +€1.1m | +5.6% |
| Fixed assets | 21/28 | €17,711,722 | €17,771,386 | +€59,664 | +0.3% |
| Tangible fixed assets | 22/27 | €17,711,721 | €17,771,385 | +€59,664 | +0.3% |
| Land and buildings | 22 | €16,555,210 | €15,978,475 | -€576,735 | -3.5% |
| Plant, machinery and equipment | 23 | €1,156,511 | €1,792,910 | +€636,399 | +55.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €1,593,777 | €2,606,110 | +€1.0m | +63.5% |
| Amounts receivable within one year | 40/41 | €1,185,088 | €60,561 | -€1.1m | -94.9% |
| Trade receivables | 40 | €8,346 | €35,254 | +€26,908 | +322% |
| Other amounts receivable | 41 | €1,176,742 | €25,307 | -€1.2m | -97.8% |
| Current investments | 50/53 | €75,145 | €1,599,294 | +€1.5m | +2,028% |
| Cash at bank and in hand | 54/58 | €327,108 | €939,594 | +€612,486 | +187% |
| Deferred charges and accrued income | 490/1 | €6,436 | €6,661 | +€225 | +3.5% |
| Total equity and liabilities | 10/49 | €19,305,499 | €20,377,496 | +€1.1m | +5.6% |
| Equity | 10/15 | €1,778,820 | €1,835,604 | +€56,784 | +3.2% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €2,164,997 | €2,164,997 | = | 0.0% |
| Reserves | 13 | €120,158 | €183,308 | +€63,150 | +52.6% |
| Tax-exempt reserves | 132 | €77,885 | €141,035 | +€63,150 | +81.1% |
| Distributable reserves | 133 | €42,273 | €42,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€568,308 | -€574,674 | -€6,366 | -1.1% |
| Amounts payable | 17/49 | €17,526,679 | €18,541,892 | +€1.0m | +5.8% |
| Amounts payable after more than one year | 17 | €13,706,141 | €12,769,617 | -€936,524 | -6.8% |
| Financial debts | 170/4 | €13,582,612 | €12,648,269 | -€934,343 | -6.9% |
| Other amounts payable | 178/9 | €123,529 | €121,348 | -€2,181 | -1.8% |
| Amounts payable within one year | 42/48 | €3,780,477 | €5,728,980 | +€1.9m | +51.5% |
| Current portion of amounts payable after more than one year | 42 | €770,122 | €862,911 | +€92,789 | +12.0% |
| Financial debts | 43 | €2,951,696 | €4,797,286 | +€1.8m | +62.5% |
| Credit institutions | 430/8 | €2,951,696 | €4,797,286 | +€1.8m | +62.5% |
| Trade debts | 44 | €36,051 | €48,835 | +€12,784 | +35.5% |
| Suppliers | 440/4 | €36,051 | €48,835 | +€12,784 | +35.5% |
| Other amounts payable | 47/48 | €22,608 | €19,948 | -€2,660 | -11.8% |
| Accrued charges and deferred income | 492/3 | €40,061 | €43,295 | +€3,234 | +8.1% |
| Remuneration, social security and pensions | 62 | €830 | - | -€830 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €840,849 | €783,956 | -€56,893 | -6.8% |
| Other operating charges | 640/8 | €149,732 | €157,571 | +€7,839 | +5.2% |
| Non-recurring operating charges | 66A | €1,250 | - | -€1,250 | |
| Gross operating margin | 9900 | €1,489,896 | €1,528,105 | +€38,209 | +2.6% |
| Operating profit (loss) | 9901 | €497,235 | €586,578 | +€89,343 | +18.0% |
| Financial income | 75/76B | €16,368 | €29,243 | +€12,875 | +78.7% |
| Recurring financial income | 75 | €16,368 | €29,243 | +€12,875 | +78.7% |
| Financial charges | 65/66B | €388,500 | €520,680 | +€132,180 | +34.0% |
| Recurring financial charges | 65 | €388,500 | €520,680 | +€132,180 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €125,103 | €95,141 | -€29,962 | -23.9% |
| Income taxes | 67/77 | €16,428 | €38,357 | +€21,929 | +133% |
| Profit (loss) for the period | 9904 | €108,675 | €56,784 | -€51,891 | -47.7% |
| Transfer to tax-exempt reserves | 689 | €77,885 | €63,150 | -€14,735 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,790 | -€6,366 | -€37,156 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.