Dirk De Nijs: 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.
What changed
Dirk De Nijs
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€22,977
2024 · -€182,976+€205,953
Equity
€1.7m
2024 · €1.5m+€233,789
Cash
€1,030
2024 · €10,556-€9,526
Balance sheet total
€2.1m
2024 · €1.9m+€187,280
Largest movements
Assets
- Tangible fixed assets +€202,191
up €202,191 (+10.8%), from €1.9m to €2.1m
of which Land and buildings: +€202,282
Equity and liabilities
- Revaluation surpluses +€210,812
up €210,812 (+12.8%), from €1.7m to €1.9m
- Profit (loss) carried forward +€22,977
up €22,977 (+5.3%), from -€429,642 to -€406,665
Income statement
- Financial charges -€181,060
down €181,060 (-99.1%), from €182,777 to €1,717
of which Non-recurring financial charges: -€179,971
- Gross operating margin +€26,389
up €26,389 (+159%), from €16,563 to €42,952
- Depreciation +€795
up €795 (+9.0%), from €8,869 to €9,664
- Other operating charges +€724
up €724 (+9.8%), from €7,359 to €8,082
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.
Result 2024
-€182,976
Gross operating margin
+€26,389
Depreciation
-€795
Other operating charges
-€724
Financial income
+€1
Financial charges
+€181,060
Taxes
+€21
Result 2025
€22,977
raises the resultlowers the result
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.
From operations
+€13,225
Investment
-€211,855
Financing
+€189,104
Cash 2024
€10,556
From operations (derived)
+€13,225
Net result for the year
+€22,977
Depreciation
+€9,664
Receivables within one year
+€2,420
Deferred charges and accrued income
+€2,965
Trade debts
-€12,432
Tax, wage and social debts
+€535
Other debts
-€12,903
Investment (derived)
-€211,855
Investment in fixed assets (net)
-€211,855
Financing
+€189,104
Debts after one year
-€6,824
Current portion of long-term debt
+€116
Short-term financial debts
-€15,000
Contributions, distributions and other
+€210,812
Cash 2025
€1,030
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,896,246 | €2,083,525 | +€187,280 | +9.9% |
| Fixed assets | 21/28 | €1,864,339 | €2,066,530 | +€202,191 | +10.8% |
| Tangible fixed assets | 22/27 | €1,864,339 | €2,066,530 | +€202,191 | +10.8% |
| Land and buildings | 22 | €1,861,807 | €2,064,089 | +€202,282 | +10.9% |
| Furniture and vehicles | 24 | €2,532 | €2,441 | -€91 | -3.6% |
| Current assets | 29/58 | €31,906 | €16,995 | -€14,911 | -46.7% |
| Amounts receivable within one year | 40/41 | €18,386 | €15,966 | -€2,420 | -13.2% |
| Trade receivables | 40 | €3,567 | €1,147 | -€2,420 | -67.8% |
| Other amounts receivable | 41 | €14,818 | €14,818 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,556 | €1,030 | -€9,526 | -90.2% |
| Deferred charges and accrued income | 490/1 | €2,965 | - | -€2,965 | |
| Total equity and liabilities | 10/49 | €1,896,246 | €2,083,525 | +€187,280 | +9.9% |
| Equity | 10/15 | €1,496,140 | €1,729,929 | +€233,789 | +15.6% |
| Contributions | 10/11 | €272,683 | €272,683 | = | 0.0% |
| Revaluation surpluses | 12 | €1,650,000 | €1,860,812 | +€210,812 | +12.8% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€429,642 | -€406,665 | +€22,977 | +5.3% |
| Amounts payable | 17/49 | €400,106 | €353,597 | -€46,509 | -11.6% |
| Amounts payable after more than one year | 17 | €64,680 | €57,856 | -€6,824 | -10.6% |
| Financial debts | 170/4 | €49,680 | €42,856 | -€6,824 | -13.7% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €335,426 | €295,741 | -€39,685 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €6,708 | €6,824 | +€116 | +1.7% |
| Financial debts | 43 | €15,000 | - | -€15,000 | |
| Credit institutions | 430/8 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €23,787 | €11,355 | -€12,432 | -52.3% |
| Suppliers | 440/4 | €23,787 | €11,355 | -€12,432 | -52.3% |
| Taxes, remuneration and social security | 45 | €1,447 | €1,982 | +€535 | +36.9% |
| Taxes | 450/3 | €1,447 | €1,982 | +€535 | +36.9% |
| Other amounts payable | 47/48 | €288,483 | €275,580 | -€12,903 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,869 | €9,664 | +€795 | +9.0% |
| Other operating charges | 640/8 | €7,359 | €8,082 | +€724 | +9.8% |
| Gross operating margin | 9900 | €16,563 | €42,952 | +€26,389 | +159% |
| Operating profit (loss) | 9901 | €336 | €25,206 | +€24,870 | +7,411% |
| Financial income | 75/76B | €0 | €2 | +€1 | +439% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +439% |
| Financial charges | 65/66B | €182,777 | €1,717 | -€181,060 | -99.1% |
| Recurring financial charges | 65 | €2,806 | €1,717 | -€1,089 | -38.8% |
| Non-recurring financial charges | 66B | €179,971 | - | -€179,971 | |
| Profit (loss) for the period before taxes | 9903 | -€182,441 | €23,491 | +€205,932 | |
| Income taxes | 67/77 | €535 | €514 | -€21 | -4.0% |
| Profit (loss) for the period | 9904 | -€182,976 | €22,977 | +€205,953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€182,976 | €22,977 | +€205,953 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.