DIRK DE GREEF: 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 DE GREEF
Largest movements
- Cash +€81,685
up €81,685 (+304%), from €26,862 to €108,547
mainly Current investments (+€56,000) and Net result for the year (+€31,690)
- Current investments -€56,000
down €56,000 (-70.0%), from €80,000 to €24,000
- Deferred charges and accrued income +€8,054
up €8,054 (+94.4%), from €8,533 to €16,587
- Receivables within one year +€6,925
up €6,925 (+36.5%), from €18,989 to €25,914
of which Other amounts receivable: +€16,827
- Financial fixed assets -€6,026
no longer reported in 2025 (was €6,026)
- Reserves +€31,690
up €31,690 (+18.7%), from €169,591 to €201,281
of which Distributable reserves: +€31,690
- Tax, wage and social debts -€3,271
no longer reported in 2025 (was €3,271)
of which Remuneration and social security: -€2,929
- Gross operating margin +€22,007
up €22,007 (+83.9%), from €26,227 to €48,233
- Taxes +€3,454
up €3,454 (+73.8%), from €4,682 to €8,136
- Financial income +€2,993
up €2,993 (+428%), from €698 to €3,691
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 | €194,154 | €223,435 | +€29,281 | +15.1% |
| Fixed assets | 21/28 | €38,315 | €26,413 | -€11,902 | -31.1% |
| Tangible fixed assets | 22/27 | €32,289 | €26,413 | -€5,877 | -18.2% |
| Furniture and vehicles | 24 | €19,489 | €16,812 | -€2,676 | -13.7% |
| Other tangible fixed assets | 26 | €12,800 | €9,600 | -€3,200 | -25.0% |
| Financial fixed assets | 28 | €6,026 | - | -€6,026 | |
| Current assets | 29/58 | €155,839 | €197,022 | +€41,184 | +26.4% |
| Amounts receivable after more than one year | 29 | €21,455 | €21,975 | +€520 | +2.4% |
| Other amounts receivable | 291 | €21,455 | €21,975 | +€520 | +2.4% |
| Amounts receivable within one year | 40/41 | €18,989 | €25,914 | +€6,925 | +36.5% |
| Trade receivables | 40 | €10,954 | €1,051 | -€9,903 | -90.4% |
| Other amounts receivable | 41 | €8,035 | €24,863 | +€16,827 | +209% |
| Current investments | 50/53 | €80,000 | €24,000 | -€56,000 | -70.0% |
| Cash at bank and in hand | 54/58 | €26,862 | €108,547 | +€81,685 | +304% |
| Deferred charges and accrued income | 490/1 | €8,533 | €16,587 | +€8,054 | +94.4% |
| Total equity and liabilities | 10/49 | €194,154 | €223,435 | +€29,281 | +15.1% |
| Equity | 10/15 | €188,191 | €219,881 | +€31,690 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €169,591 | €201,281 | +€31,690 | +18.7% |
| Tax-exempt reserves | 132 | €833 | €833 | = | 0.0% |
| Distributable reserves | 133 | €168,758 | €200,448 | +€31,690 | +18.8% |
| Amounts payable | 17/49 | €5,963 | €3,554 | -€2,409 | -40.4% |
| Amounts payable within one year | 42/48 | €5,963 | €3,554 | -€2,409 | -40.4% |
| Trade debts | 44 | €2,692 | €3,554 | +€862 | +32.0% |
| Suppliers | 440/4 | €2,692 | €3,554 | +€862 | +32.0% |
| Taxes, remuneration and social security | 45 | €3,271 | - | -€3,271 | |
| Taxes | 450/3 | €342 | - | -€342 | |
| Remuneration and social security | 454/9 | €2,929 | - | -€2,929 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,491 | €9,285 | -€206 | -2.2% |
| Other operating charges | 640/8 | €679 | €686 | +€7 | +1.0% |
| Gross operating margin | 9900 | €26,227 | €48,233 | +€22,007 | +83.9% |
| Operating profit (loss) | 9901 | €16,056 | €38,262 | +€22,206 | +138% |
| Financial income | 75/76B | €698 | €3,691 | +€2,993 | +428% |
| Recurring financial income | 75 | €698 | €3,691 | +€2,993 | +428% |
| Financial charges | 65/66B | €2,206 | €2,128 | -€79 | -3.6% |
| Recurring financial charges | 65 | €2,206 | €2,128 | -€79 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €14,548 | €39,826 | +€25,277 | +174% |
| Income taxes | 67/77 | €4,682 | €8,136 | +€3,454 | +73.8% |
| Profit (loss) for the period | 9904 | €9,867 | €31,690 | +€21,823 | +221% |
| Profit (loss) for the period to be appropriated | 9905 | €9,867 | €31,690 | +€21,823 | +221% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.