Dirickx Steven: 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.
Dirickx Steven
Largest movements
- Receivables within one year +€34,752
up €34,752 (+13.4%), from €260,035 to €294,787
of which Other amounts receivable: +€39,919
- Current investments +€31,200
up €31,200 (+74.3%), from €42,000 to €73,200
- Cash -€10,855
down €10,855 (-18.0%), from €60,195 to €49,339
mainly Contributions, distributions and other (-€60,900) and Receivables within one year (-€34,752)
- Reserves +€67,320
up €67,320 (+15.5%), from €432,955 to €500,275
- Debts after one year -€18,437
down €18,437 (-9.5%), from €193,960 to €175,523
- Tax, wage and social debts +€17,822
up €17,822 (+122.8%), from €14,515 to €32,337
- Taxes +€5,592
up €5,592 (+13.2%), from €42,263 to €47,855
- Gross operating margin +€2,655
up €2,655 (+1.4%), from €190,902 to €193,558
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 | €852,735 | €916,451 | +€63,717 | +7.5% |
| Fixed assets | 21/28 | €229,250 | €236,318 | +€7,068 | +3.1% |
| Tangible fixed assets | 22/27 | €229,000 | €236,068 | +€7,068 | +3.1% |
| Land and buildings | 22 | €225,222 | €217,205 | -€8,018 | -3.6% |
| Plant, machinery and equipment | 23 | - | €4,238 | +€4,238 | |
| Furniture and vehicles | 24 | €3,778 | €14,626 | +€10,848 | +287.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €623,484 | €680,133 | +€56,649 | +9.1% |
| Amounts receivable after more than one year | 29 | €260,000 | €260,000 | = | 0.0% |
| Other amounts receivable | 291 | €260,000 | €260,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €260,035 | €294,787 | +€34,752 | +13.4% |
| Trade receivables | 40 | €5,339 | €172 | -€5,167 | -96.8% |
| Other amounts receivable | 41 | €254,696 | €294,615 | +€39,919 | +15.7% |
| Current investments | 50/53 | €42,000 | €73,200 | +€31,200 | +74.3% |
| Cash at bank and in hand | 54/58 | €60,195 | €49,339 | -€10,855 | -18.0% |
| Deferred charges and accrued income | 490/1 | €1,255 | €2,807 | +€1,552 | +123.7% |
| Total equity and liabilities | 10/49 | €852,735 | €916,451 | +€63,717 | +7.5% |
| Equity | 10/15 | €559,676 | €626,996 | +€67,321 | +12.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €432,955 | €500,275 | +€67,320 | +15.5% |
| Distributable reserves | 133 | €432,955 | €500,275 | +€67,320 | +15.5% |
| Profit (loss) carried forward | 14 | €108,171 | €108,171 | +€1 | 0.0% |
| Amounts payable | 17/49 | €293,059 | €289,455 | -€3,604 | -1.2% |
| Amounts payable after more than one year | 17 | €193,960 | €175,523 | -€18,437 | -9.5% |
| Financial debts | 170/4 | €193,960 | €175,523 | -€18,437 | -9.5% |
| Amounts payable within one year | 42/48 | €99,099 | €113,932 | +€14,833 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €17,603 | €17,912 | +€309 | +1.8% |
| Financial debts | 43 | €8,483 | €10,112 | +€1,629 | +19.2% |
| Credit institutions | 430/8 | €8,483 | €10,112 | +€1,629 | +19.2% |
| Trade debts | 44 | €5,398 | €172 | -€5,227 | -96.8% |
| Suppliers | 440/4 | €5,398 | €172 | -€5,227 | -96.8% |
| Taxes, remuneration and social security | 45 | €14,515 | €32,337 | +€17,822 | +122.8% |
| Taxes | 450/3 | €14,515 | €32,337 | +€17,822 | +122.8% |
| Other amounts payable | 47/48 | €53,100 | €53,400 | +€300 | +0.6% |
| Non-recurring operating income | 76A | - | €9,486 | +€9,486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,744 | €9,642 | +€898 | +10.3% |
| Other operating charges | 640/8 | €4,125 | €2,925 | -€1,200 | -29.1% |
| Gross operating margin | 9900 | €190,902 | €193,558 | +€2,655 | +1.4% |
| Operating profit (loss) | 9901 | €178,033 | €180,990 | +€2,957 | +1.7% |
| Financial income | 75/76B | €279 | €110 | -€169 | -60.6% |
| Recurring financial income | 75 | €279 | €110 | -€169 | -60.6% |
| Financial charges | 65/66B | €4,261 | €5,024 | +€764 | +17.9% |
| Recurring financial charges | 65 | €4,261 | €5,024 | +€764 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €174,052 | €176,076 | +€2,024 | +1.2% |
| Income taxes | 67/77 | €42,263 | €47,855 | +€5,592 | +13.2% |
| Profit (loss) for the period | 9904 | €131,789 | €128,221 | -€3,568 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €131,789 | €128,221 | -€3,568 | -2.7% |
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 5 October 2026 via checked.be.