Dirk Buyens: what changed
Dirk Buyens
Largest movements
- Current investments -€99,000
down €99,000 (-100%), from €99,000 to €0
- Cash +€75,625
up €75,625 (+10.9%), from €693,905 to €769,529
mainly Current investments (+€99,000) and Net result for the year (+€64,680)
- Tangible fixed assets -€34,070
down €34,070 (-11.5%), from €297,384 to €263,314
of which Land and buildings: -€19,437
- Other debts -€107,540
down €107,540 (-94.5%), from €113,740 to €6,201
- Reserves +€64,680
up €64,680 (+6.9%), from €933,397 to €998,077
of which Distributable reserves: +€64,680
- Gross operating margin -€14,672
down €14,672 (-10.8%), from €136,289 to €121,616
- Financial income -€11,143
down €11,143 (-51.4%), from €21,694 to €10,551
of which Non-recurring financial income: -€14,968
- Taxes -€9,680
down €9,680 (-25.4%), from €38,131 to €28,451
- Financial charges -€3,154
down €3,154 (-96.6%), from €3,264 to €109
- Depreciation +€1,487
up €1,487 (+4.7%), from €31,650 to €33,137
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,124,628 | €1,072,854 | -€51,774 | -4.6% |
| Fixed assets | 21/28 | €298,784 | €264,714 | -€34,070 | -11.4% |
| Tangible fixed assets | 22/27 | €297,384 | €263,314 | -€34,070 | -11.5% |
| Land and buildings | 22 | €263,509 | €244,072 | -€19,437 | -7.4% |
| Plant, machinery and equipment | 23 | €1,792 | €750 | -€1,042 | -58.2% |
| Furniture and vehicles | 24 | €32,083 | €18,493 | -€13,591 | -42.4% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €825,844 | €808,140 | -€17,704 | -2.1% |
| Amounts receivable within one year | 40/41 | €30,611 | €35,687 | +€5,075 | +16.6% |
| Trade receivables | 40 | €26,966 | €28,396 | +€1,430 | +5.3% |
| Other amounts receivable | 41 | €3,645 | €7,291 | +€3,646 | +100% |
| Current investments | 50/53 | €99,000 | €0 | -€99,000 | -100% |
| Cash at bank and in hand | 54/58 | €693,905 | €769,529 | +€75,625 | +10.9% |
| Deferred charges and accrued income | 490/1 | €2,328 | €2,924 | +€596 | +25.6% |
| Total equity and liabilities | 10/49 | €1,124,628 | €1,072,854 | -€51,774 | -4.6% |
| Equity | 10/15 | €951,947 | €1,016,627 | +€64,680 | +6.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €933,397 | €998,077 | +€64,680 | +6.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €933,397 | €998,077 | +€64,680 | +6.9% |
| Amounts payable | 17/49 | €172,681 | €56,228 | -€116,454 | -67.4% |
| Amounts payable within one year | 42/48 | €172,681 | €56,228 | -€116,454 | -67.4% |
| Financial debts | 43 | €1,399 | €1,025 | -€374 | -26.7% |
| Credit institutions | 430/8 | €1,399 | €1,025 | -€374 | -26.7% |
| Trade debts | 44 | €2,684 | €1,434 | -€1,250 | -46.6% |
| Suppliers | 440/4 | €2,684 | €1,434 | -€1,250 | -46.6% |
| Taxes, remuneration and social security | 45 | €54,858 | €47,568 | -€7,290 | -13.3% |
| Taxes | 450/3 | €54,858 | €47,568 | -€7,290 | -13.3% |
| Other amounts payable | 47/48 | €113,740 | €6,201 | -€107,540 | -94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,650 | €33,137 | +€1,487 | +4.7% |
| Other operating charges | 640/8 | €5,211 | €4,785 | -€426 | -8.2% |
| Non-recurring operating charges | 66A | €1,340 | €1,004 | -€336 | -25.1% |
| Gross operating margin | 9900 | €136,289 | €121,616 | -€14,672 | -10.8% |
| Operating profit (loss) | 9901 | €98,087 | €82,690 | -€15,397 | -15.7% |
| Financial income | 75/76B | €21,694 | €10,551 | -€11,143 | -51.4% |
| Recurring financial income | 75 | €1,122 | €4,946 | +€3,825 | +341% |
| Non-recurring financial income | 76B | €20,572 | €5,605 | -€14,968 | -72.8% |
| Financial charges | 65/66B | €3,264 | €109 | -€3,154 | -96.6% |
| Recurring financial charges | 65 | €3,264 | €109 | -€3,154 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €116,517 | €93,131 | -€23,386 | -20.1% |
| Income taxes | 67/77 | €38,131 | €28,451 | -€9,680 | -25.4% |
| Profit (loss) for the period | 9904 | €78,386 | €64,680 | -€13,706 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,386 | €64,680 | -€13,706 | -17.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.