DIRK DE MEYER: 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 MEYER
Largest movements
- Tangible fixed assets +€769,977
up €769,977 (+45.7%), from €1.7m to €2.5m
- Other debts +€883,380
up €883,380 (+65.4%), from €1.3m to €2.2m
- Profit (loss) carried forward -€99,933
down €99,933 (-138.7%), from -€72,047 to -€171,980
- Depreciation +€43,173
up €43,173 (+114.1%), from €37,850 to €81,023
- Financial charges +€19,777
up €19,777 (+181.9%), from €10,874 to €30,650
- Staff costs -€9,629
down €9,629 (-99.7%), from €9,662 to €33
- Gross operating margin -€3,942
down €3,942 (-19.0%), from €20,804 to €16,861
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 | €1,748,055 | €2,527,069 | +€779,014 | +44.6% |
| Fixed assets | 21/28 | €1,683,971 | €2,453,948 | +€769,977 | +45.7% |
| Tangible fixed assets | 22/27 | €1,683,971 | €2,453,948 | +€769,977 | +45.7% |
| Land and buildings | 22 | €1,683,971 | €2,453,948 | +€769,977 | +45.7% |
| Current assets | 29/58 | €64,085 | €73,121 | +€9,037 | +14.1% |
| Amounts receivable within one year | 40/41 | €22,526 | €38,248 | +€15,722 | +69.8% |
| Trade receivables | 40 | €398 | - | -€398 | |
| Other amounts receivable | 41 | €22,128 | €38,248 | +€16,120 | +72.9% |
| Cash at bank and in hand | 54/58 | €41,558 | €34,873 | -€6,685 | -16.1% |
| Total equity and liabilities | 10/49 | €1,748,055 | €2,527,069 | +€779,014 | +44.6% |
| Equity | 10/15 | €393,537 | €293,604 | -€99,933 | -25.4% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €446,084 | €446,084 | = | 0.0% |
| Distributable reserves | 133 | €446,084 | €446,084 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,047 | -€171,980 | -€99,933 | -138.7% |
| Amounts payable | 17/49 | €1,354,518 | €2,233,465 | +€878,947 | +64.9% |
| Amounts payable within one year | 42/48 | €1,354,518 | €2,233,465 | +€878,947 | +64.9% |
| Trade debts | 44 | €4,523 | €144 | -€4,379 | -96.8% |
| Suppliers | 440/4 | €4,523 | €144 | -€4,379 | -96.8% |
| Taxes, remuneration and social security | 45 | €55 | - | -€55 | |
| Taxes | 450/3 | €55 | - | -€55 | |
| Other amounts payable | 47/48 | €1,349,940 | €2,233,321 | +€883,380 | +65.4% |
| Remuneration, social security and pensions | 62 | €9,662 | €33 | -€9,629 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,850 | €81,023 | +€43,173 | +114.1% |
| Other operating charges | 640/8 | €4,892 | €5,088 | +€196 | +4.0% |
| Gross operating margin | 9900 | €20,804 | €16,861 | -€3,942 | -19.0% |
| Operating profit (loss) | 9901 | -€31,600 | -€69,283 | -€37,682 | -119.2% |
| Financial charges | 65/66B | €10,874 | €30,650 | +€19,777 | +181.9% |
| Recurring financial charges | 65 | €10,874 | €30,650 | +€19,777 | +181.9% |
| Profit (loss) for the period before taxes | 9903 | -€42,474 | -€99,933 | -€57,459 | -135.3% |
| Income taxes | 67/77 | €55 | - | -€55 | |
| Profit (loss) for the period | 9904 | -€42,529 | -€99,933 | -€57,404 | -135.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,529 | -€99,933 | -€57,404 | -135.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.