Dirickx-Janssen Management: 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.
Dirickx-Janssen Management
Largest movements
- Cash -€35,376
down €35,376 (-11.8%), from €299,184 to €263,809
mainly Contributions, distributions and other (-€1.4m) and Debts after one year (-€219,497)
- Receivables within one year +€34,975
up €34,975 (+22,086%), from €158 to €35,133
- Other debts +€1.4m
up €1.4m (+474%), from €291,846 to €1.7m
- Reserves -€1.2m
down €1.2m (-93.4%), from €1.3m to €86,276
- Debts after one year -€219,497
down €219,497 (-16.1%), from €1.4m to €1.1m
- Current portion of long-term debt +€52,888
up €52,888 (+31.7%), from €166,610 to €219,497
- Financial income -€200,000
down €200,000 (-100%), from €200,000 to €0
- Depreciation +€4,445
up €4,445 (+1,392%), from €319 to €4,764
- Gross operating margin +€3,739
up €3,739 (+1.4%), from €263,251 to €266,990
- Financial charges -€3,464
down €3,464 (-12.1%), from €28,703 to €25,239
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 | €3,166,440 | €3,182,289 | +€15,849 | +0.5% |
| Fixed assets | 21/28 | €2,866,051 | €2,882,291 | +€16,239 | +0.6% |
| Tangible fixed assets | 22/27 | €1,051 | €17,291 | +€16,239 | +1,544% |
| Land and buildings | 22 | €1,051 | €733 | -€319 | -30.3% |
| Furniture and vehicles | 24 | - | €16,558 | +€16,558 | |
| Financial fixed assets | 28 | €2,865,000 | €2,865,000 | = | 0.0% |
| Current assets | 29/58 | €300,389 | €299,998 | -€390 | -0.1% |
| Amounts receivable within one year | 40/41 | €158 | €35,133 | +€34,975 | +22,086% |
| Trade receivables | 40 | €158 | €35,133 | +€34,975 | +22,086% |
| Cash at bank and in hand | 54/58 | €299,184 | €263,809 | -€35,376 | -11.8% |
| Deferred charges and accrued income | 490/1 | €1,046 | €1,057 | +€11 | +1.0% |
| Total equity and liabilities | 10/49 | €3,166,440 | €3,182,289 | +€15,849 | +0.5% |
| Equity | 10/15 | €1,323,752 | €104,876 | -€1.2m | -92.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,305,152 | €86,276 | -€1.2m | -93.4% |
| Distributable reserves | 133 | €1,305,152 | €86,276 | -€1.2m | -93.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,842,688 | €3,077,413 | +€1.2m | +67.0% |
| Amounts payable after more than one year | 17 | €1,363,281 | €1,143,783 | -€219,497 | -16.1% |
| Financial debts | 170/4 | €1,363,281 | €1,143,783 | -€219,497 | -16.1% |
| Amounts payable within one year | 42/48 | €479,408 | €1,933,630 | +€1.5m | +303% |
| Current portion of amounts payable after more than one year | 42 | €166,610 | €219,497 | +€52,888 | +31.7% |
| Trade debts | 44 | €6,470 | €4,424 | -€2,046 | -31.6% |
| Suppliers | 440/4 | €6,470 | €4,424 | -€2,046 | -31.6% |
| Taxes, remuneration and social security | 45 | €14,483 | €33,674 | +€19,192 | +133% |
| Taxes | 450/3 | €11,774 | €28,223 | +€16,449 | +140% |
| Remuneration and social security | 454/9 | €2,709 | €5,451 | +€2,743 | +101% |
| Other amounts payable | 47/48 | €291,846 | €1,676,035 | +€1.4m | +474% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €4,764 | +€4,445 | +1,392% |
| Other operating charges | 640/8 | €1,210 | €1,294 | +€84 | +7.0% |
| Gross operating margin | 9900 | €263,251 | €266,990 | +€3,739 | +1.4% |
| Operating profit (loss) | 9901 | €261,722 | €260,932 | -€790 | -0.3% |
| Financial income | 75/76B | €200,000 | €0 | -€200,000 | -100% |
| Recurring financial income | 75 | €200,000 | €0 | -€200,000 | -100% |
| Financial charges | 65/66B | €28,703 | €25,239 | -€3,464 | -12.1% |
| Recurring financial charges | 65 | €28,703 | €25,239 | -€3,464 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €433,019 | €235,693 | -€197,326 | -45.6% |
| Income taxes | 67/77 | €53,913 | €54,569 | +€656 | +1.2% |
| Profit (loss) for the period | 9904 | €379,106 | €181,124 | -€197,982 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €379,106 | €181,124 | -€197,982 | -52.2% |
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 24 October 2026 via checked.be.