DIRATEC: 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.
DIRATEC
Largest movements
- Cash +€391,733
up €391,733 (+346.9%), from €112,915 to €504,648
mainly Current investments (+€300,000) and Debts after one year (+€193,738)
- Current investments -€300,000
down €300,000 (-70.6%), from €425,000 to €125,000
- Tangible fixed assets +€205,886
up €205,886 (+24.6%), from €836,329 to €1.0m
of which Land and buildings: +€144,292
- Debts after one year +€193,738
up €193,738 (+23.3%), from €831,953 to €1.0m
- Reserves +€81,865
up €81,865 (+16.5%), from €495,135 to €577,000
of which Distributable reserves: +€81,865
- Gross operating margin +€39,814
up €39,814 (+14.0%), from €283,484 to €323,298
- Taxes +€10,381
up €10,381 (+17.3%), from €59,989 to €70,370
- Financial charges +€8,607
up €8,607 (+57.7%), from €14,913 to €23,519
- Depreciation -€4,332
down €4,332 (-5.8%), from €74,503 to €70,171
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 | €1,416,612 | €1,714,493 | +€297,882 | +21.0% |
| Fixed assets | 21/28 | €836,329 | €1,042,215 | +€205,886 | +24.6% |
| Tangible fixed assets | 22/27 | €836,329 | €1,042,215 | +€205,886 | +24.6% |
| Land and buildings | 22 | €831,296 | €975,588 | +€144,292 | +17.4% |
| Furniture and vehicles | 24 | €1,397 | €63,984 | +€62,587 | +4480.1% |
| Other tangible fixed assets | 26 | €3,636 | €2,643 | -€994 | -27.3% |
| Current assets | 29/58 | €580,282 | €672,278 | +€91,996 | +15.9% |
| Amounts receivable within one year | 40/41 | €36,346 | €37,868 | +€1,522 | +4.2% |
| Trade receivables | 40 | €31,798 | €34,381 | +€2,583 | +8.1% |
| Other amounts receivable | 41 | €4,548 | €3,487 | -€1,061 | -23.3% |
| Current investments | 50/53 | €425,000 | €125,000 | -€300,000 | -70.6% |
| Cash at bank and in hand | 54/58 | €112,915 | €504,648 | +€391,733 | +346.9% |
| Deferred charges and accrued income | 490/1 | €6,022 | €4,762 | -€1,259 | -20.9% |
| Total equity and liabilities | 10/49 | €1,416,612 | €1,714,493 | +€297,882 | +21.0% |
| Equity | 10/15 | €496,135 | €578,000 | +€81,865 | +16.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €495,135 | €577,000 | +€81,865 | +16.5% |
| Tax-exempt reserves | 132 | €7,153 | €7,153 | = | 0.0% |
| Distributable reserves | 133 | €487,982 | €569,846 | +€81,865 | +16.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €920,477 | €1,136,494 | +€216,017 | +23.5% |
| Amounts payable after more than one year | 17 | €831,953 | €1,025,691 | +€193,738 | +23.3% |
| Financial debts | 170/4 | €831,953 | €1,025,691 | +€193,738 | +23.3% |
| Amounts payable within one year | 42/48 | €84,793 | €106,144 | +€21,351 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €48,562 | €49,835 | +€1,273 | +2.6% |
| Trade debts | 44 | €2,321 | €10,059 | +€7,738 | +333.4% |
| Suppliers | 440/4 | €2,321 | €10,059 | +€7,738 | +333.4% |
| Taxes, remuneration and social security | 45 | €32,244 | €45,048 | +€12,804 | +39.7% |
| Taxes | 450/3 | €32,244 | €42,148 | +€9,904 | +30.7% |
| Remuneration and social security | 454/9 | €0 | €2,900 | +€2,900 | |
| Other amounts payable | 47/48 | €1,666 | €1,203 | -€463 | -27.8% |
| Accrued charges and deferred income | 492/3 | €3,731 | €4,659 | +€928 | +24.9% |
| Non-recurring operating income | 76A | - | €12,397 | +€12,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,503 | €70,171 | -€4,332 | -5.8% |
| Other operating charges | 640/8 | €2,777 | €4,776 | +€1,998 | +71.9% |
| Gross operating margin | 9900 | €283,484 | €323,298 | +€39,814 | +14.0% |
| Operating profit (loss) | 9901 | €206,203 | €248,352 | +€42,149 | +20.4% |
| Financial income | 75/76B | €7,637 | €6,106 | -€1,531 | -20.0% |
| Recurring financial income | 75 | €7,637 | €6,106 | -€1,531 | -20.0% |
| Financial charges | 65/66B | €14,913 | €23,519 | +€8,607 | +57.7% |
| Recurring financial charges | 65 | €14,913 | €23,519 | +€8,607 | +57.7% |
| Profit (loss) for the period before taxes | 9903 | €198,927 | €230,938 | +€32,011 | +16.1% |
| Income taxes | 67/77 | €59,989 | €70,370 | +€10,381 | +17.3% |
| Profit (loss) for the period | 9904 | €138,939 | €160,569 | +€21,630 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €138,939 | €160,569 | +€21,630 | +15.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.