DIRCOM: 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.
DIRCOM
Largest movements
- Receivables within one year -€460,762
down €460,762 (-26.1%), from €1.8m to €1.3m
of which Other amounts receivable: -€241,778
- Other debts -€499,599
down €499,599 (-16.1%), from €3.1m to €2.6m
- Financial income -€1.4m
down €1.4m (-56.0%), from €2.5m to €1.1m
- Other operating charges -€116
down €116 (-9.9%), from €1,177 to €1,060
- Gross operating margin -€99
down €99 (-5.5%), from €1,805 to €1,706
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 | €9,143,997 | €8,644,398 | -€499,599 | -5.5% |
| Fixed assets | 21/28 | €7,325,000 | €7,325,000 | = | 0.0% |
| Financial fixed assets | 28 | €7,325,000 | €7,325,000 | = | 0.0% |
| Current assets | 29/58 | €1,818,997 | €1,319,398 | -€499,599 | -27.5% |
| Amounts receivable within one year | 40/41 | €1,767,417 | €1,306,655 | -€460,762 | -26.1% |
| Trade receivables | 40 | €293,220 | €74,236 | -€218,984 | -74.7% |
| Other amounts receivable | 41 | €1,474,197 | €1,232,419 | -€241,778 | -16.4% |
| Cash at bank and in hand | 54/58 | €51,579 | €12,743 | -€38,836 | -75.3% |
| Total equity and liabilities | 10/49 | €9,143,997 | €8,644,398 | -€499,599 | -5.5% |
| Equity | 10/15 | €6,038,643 | €6,038,643 | = | 0.0% |
| Contributions | 10/11 | €1,714,000 | €1,714,000 | = | 0.0% |
| Capital | 10 | €1,714,000 | €1,714,000 | = | 0.0% |
| Issued capital | 100 | €1,714,000 | €1,714,000 | = | 0.0% |
| Reserves | 13 | €4,324,643 | €4,324,643 | = | 0.0% |
| Non-distributable reserves | 130/1 | €263,579 | €171,400 | -€92,179 | -35.0% |
| Legal reserve | 130 | €263,579 | €171,400 | -€92,179 | -35.0% |
| Distributable reserves | 133 | €4,061,064 | €4,153,243 | +€92,179 | +2.3% |
| Amounts payable | 17/49 | €3,105,354 | €2,605,755 | -€499,599 | -16.1% |
| Amounts payable within one year | 42/48 | €3,105,354 | €2,605,755 | -€499,599 | -16.1% |
| Other amounts payable | 47/48 | €3,105,354 | €2,605,755 | -€499,599 | -16.1% |
| Other operating charges | 640/8 | €1,177 | €1,060 | -€116 | -9.9% |
| Gross operating margin | 9900 | €1,805 | €1,706 | -€99 | -5.5% |
| Operating profit (loss) | 9901 | €629 | €646 | +€17 | +2.7% |
| Financial income | 75/76B | €2,500,000 | €1,100,000 | -€1.4m | -56.0% |
| Recurring financial income | 75 | €2,500,000 | €1,100,000 | -€1.4m | -56.0% |
| Financial charges | 65/66B | €629 | €646 | +€17 | +2.7% |
| Recurring financial charges | 65 | €629 | €646 | +€17 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €2,500,000 | €1,100,000 | -€1.4m | -56.0% |
| Profit (loss) for the period | 9904 | €2,500,000 | €1,100,000 | -€1.4m | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,500,000 | €1,100,000 | -€1.4m | -56.0% |
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 27 October 2026 via checked.be.