DIRK BLANPAIN: 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.
DIRK BLANPAIN
Largest movements
- Cash -€20,603
down €20,603 (-16.3%), from €126,654 to €106,051
mainly Receivables within one year (-€9,479) and Contributions, distributions and other (-€8,306)
- Receivables within one year +€9,479
up €9,479 (+50.4%), from €18,809 to €28,288
of which Other amounts receivable: +€11,588
- Reserves -€8,306
down €8,306 (-25.9%), from €32,025 to €23,719
- Other debts -€2,022
down €2,022 (-100%), from €2,022 to €0
- Gross operating margin -€41,062
down €41,062 (-86.3%), from €47,573 to €6,511
- Taxes -€8,222
down €8,222 (-85.9%), from €9,576 to €1,354
- Depreciation -€2,473
down €2,473 (-44.6%), from €5,542 to €3,069
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 | €153,205 | €142,634 | -€10,571 | -6.9% |
| Fixed assets | 21/28 | €7,088 | €7,283 | +€195 | +2.8% |
| Tangible fixed assets | 22/27 | €7,088 | €7,283 | +€195 | +2.8% |
| Furniture and vehicles | 24 | €2,768 | €3,956 | +€1,188 | +42.9% |
| Other tangible fixed assets | 26 | €4,320 | €3,327 | -€993 | -23.0% |
| Current assets | 29/58 | €146,117 | €135,351 | -€10,766 | -7.4% |
| Amounts receivable within one year | 40/41 | €18,809 | €28,288 | +€9,479 | +50.4% |
| Trade receivables | 40 | €18,809 | €16,700 | -€2,109 | -11.2% |
| Other amounts receivable | 41 | - | €11,588 | +€11,588 | |
| Cash at bank and in hand | 54/58 | €126,654 | €106,051 | -€20,603 | -16.3% |
| Deferred charges and accrued income | 490/1 | €655 | €1,012 | +€357 | +54.5% |
| Total equity and liabilities | 10/49 | €153,205 | €142,634 | -€10,571 | -6.9% |
| Equity | 10/15 | €143,916 | €136,254 | -€7,662 | -5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,025 | €23,719 | -€8,306 | -25.9% |
| Distributable reserves | 133 | €32,025 | €23,719 | -€8,306 | -25.9% |
| Profit (loss) carried forward | 14 | €105,691 | €106,335 | +€644 | +0.6% |
| Amounts payable | 17/49 | €9,289 | €6,380 | -€2,909 | -31.3% |
| Amounts payable within one year | 42/48 | €9,245 | €6,336 | -€2,909 | -31.5% |
| Trade debts | 44 | €1,003 | €226 | -€777 | -77.5% |
| Suppliers | 440/4 | €1,003 | €226 | -€777 | -77.5% |
| Taxes, remuneration and social security | 45 | €6,220 | €6,110 | -€110 | -1.8% |
| Taxes | 450/3 | €6,220 | €6,110 | -€110 | -1.8% |
| Other amounts payable | 47/48 | €2,022 | €0 | -€2,022 | -100% |
| Accrued charges and deferred income | 492/3 | €44 | €44 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,542 | €3,069 | -€2,473 | -44.6% |
| Other operating charges | 640/8 | €1,127 | €1,058 | -€68 | -6.1% |
| Gross operating margin | 9900 | €47,573 | €6,511 | -€41,062 | -86.3% |
| Operating profit (loss) | 9901 | €40,904 | €2,384 | -€38,521 | -94.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €300 | €386 | +€86 | +28.8% |
| Recurring financial charges | 65 | €300 | €386 | +€86 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | €40,605 | €1,998 | -€38,607 | -95.1% |
| Income taxes | 67/77 | €9,576 | €1,354 | -€8,222 | -85.9% |
| Profit (loss) for the period | 9904 | €31,029 | €644 | -€30,385 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,029 | €644 | -€30,385 | -97.9% |
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 29 October 2026 via checked.be.