DIRIT: 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.
DIRIT
Largest movements
- Current investments +€115,664
up €115,664 (+34.8%), from €332,694 to €448,358
- Tangible fixed assets -€32,153
down €32,153 (-4.4%), from €732,891 to €700,738
- Cash -€22,429
down €22,429 (-35.7%), from €62,864 to €40,435
mainly Current investments (-€115,664) and Debts after one year (-€19,046)
- Reserves +€81,862
up €81,862 (+11.2%), from €732,393 to €814,255
of which Distributable reserves: +€85,851
- Debts after one year -€19,046
down €19,046 (-13.0%), from €146,207 to €127,161
- Gross operating margin -€26,155
down €26,155 (-13.1%), from €199,884 to €173,729
- Other operating charges -€16,520
down €16,520 (-68.8%), from €24,026 to €7,506
- Financial income +€5,572
up €5,572 (+840.2%), from €663 to €6,235
- Financial charges +€3,458
up €3,458 (+46.3%), from €7,466 to €10,924
- Taxes -€2,548
down €2,548 (-6.0%), from €42,545 to €39,997
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 | €1,131,591 | €1,198,618 | +€67,027 | +5.9% |
| Fixed assets | 21/28 | €732,891 | €700,738 | -€32,153 | -4.4% |
| Tangible fixed assets | 22/27 | €732,891 | €700,738 | -€32,153 | -4.4% |
| Land and buildings | 22 | €732,891 | €700,738 | -€32,153 | -4.4% |
| Current assets | 29/58 | €398,700 | €497,880 | +€99,180 | +24.9% |
| Amounts receivable within one year | 40/41 | €1,764 | €7,346 | +€5,583 | +316.5% |
| Other amounts receivable | 41 | €1,764 | €7,346 | +€5,583 | +316.5% |
| Current investments | 50/53 | €332,694 | €448,358 | +€115,664 | +34.8% |
| Cash at bank and in hand | 54/58 | €62,864 | €40,435 | -€22,429 | -35.7% |
| Deferred charges and accrued income | 490/1 | €1,379 | €1,741 | +€362 | +26.3% |
| Total equity and liabilities | 10/49 | €1,131,591 | €1,198,618 | +€67,027 | +5.9% |
| Equity | 10/15 | €820,379 | €902,381 | +€82,002 | +10.0% |
| Contributions | 10/11 | €88,126 | €88,126 | = | 0.0% |
| Reserves | 13 | €732,393 | €814,255 | +€81,862 | +11.2% |
| Tax-exempt reserves | 132 | €46,669 | €42,680 | -€3,989 | -8.5% |
| Distributable reserves | 133 | €685,724 | €771,575 | +€85,851 | +12.5% |
| Profit (loss) carried forward | 14 | -€141 | €0 | +€141 | |
| Provisions and deferred taxes | 16 | €29,031 | €26,977 | -€2,054 | -7.1% |
| Provisions for liabilities and charges | 160/5 | €5,000 | €5,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €5,000 | €5,000 | = | 0.0% |
| Deferred taxes | 168 | €24,031 | €21,977 | -€2,054 | -8.5% |
| Amounts payable | 17/49 | €282,181 | €269,259 | -€12,922 | -4.6% |
| Amounts payable after more than one year | 17 | €146,207 | €127,161 | -€19,046 | -13.0% |
| Financial debts | 170/4 | €146,207 | €127,161 | -€19,046 | -13.0% |
| Amounts payable within one year | 42/48 | €133,952 | €136,035 | +€2,084 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €18,480 | €19,046 | +€566 | +3.1% |
| Trade debts | 44 | €762 | €1,747 | +€985 | +129.2% |
| Suppliers | 440/4 | €762 | €1,747 | +€985 | +129.2% |
| Taxes, remuneration and social security | 45 | €9,110 | €13,127 | +€4,017 | +44.1% |
| Taxes | 450/3 | €9,110 | €13,127 | +€4,017 | +44.1% |
| Other amounts payable | 47/48 | €105,600 | €102,115 | -€3,485 | -3.3% |
| Accrued charges and deferred income | 492/3 | €2,022 | €6,063 | +€4,041 | +199.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,358 | €41,588 | +€230 | +0.6% |
| Other operating charges | 640/8 | €24,026 | €7,506 | -€16,520 | -68.8% |
| Gross operating margin | 9900 | €199,884 | €173,729 | -€26,155 | -13.1% |
| Operating profit (loss) | 9901 | €134,500 | €124,635 | -€9,865 | -7.3% |
| Financial income | 75/76B | €663 | €6,235 | +€5,572 | +840.2% |
| Recurring financial income | 75 | €663 | €6,235 | +€5,572 | +840.2% |
| Financial charges | 65/66B | €7,466 | €10,924 | +€3,458 | +46.3% |
| Recurring financial charges | 65 | €7,466 | €10,924 | +€3,458 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | €127,697 | €119,945 | -€7,752 | -6.1% |
| Transfer from deferred taxes | 780 | €2,054 | €2,054 | = | 0.0% |
| Income taxes | 67/77 | €42,545 | €39,997 | -€2,548 | -6.0% |
| Profit (loss) for the period | 9904 | €87,206 | €82,002 | -€5,204 | -6.0% |
| Transfer from tax-exempt reserves | 789 | €3,989 | €3,989 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €91,195 | €85,991 | -€5,204 | -5.7% |
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.