DIRK MARIS: 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 MARIS
Largest movements
- Receivables within one year +€79,380
up €79,380 (+23.3%), from €340,904 to €420,285
of which Trade receivables: +€73,049
- Cash +€63,896
up €63,896 (+42.6%), from €149,937 to €213,833
mainly Other debts (+€187,160) and Net result for the year (+€81,672)
- Intangible fixed assets +€48,885
up €48,885 (+240.4%), from €20,339 to €69,224
- Tangible fixed assets -€40,005
down €40,005 (-38.9%), from €102,711 to €62,706
of which Furniture and vehicles: -€42,283
- Stocks and contracts -€11,168
down €11,168 (-13.0%), from €86,242 to €75,074
- Other debts +€187,160
up €187,160 (+152.5%), from €122,703 to €309,863
- Trade debts -€26,768
down €26,768 (-19.0%), from €140,769 to €114,001
- Profit (loss) carried forward +€21,672
up €21,672 (+10.9%), from €199,722 to €221,393
- Debts after one year -€13,290
down €13,290 (-43.7%), from €30,392 to €17,103
- Tax, wage and social debts -€13,278
down €13,278 (-32.5%), from €40,870 to €27,592
of which Remuneration and social security: -€12,997
- Gross operating margin +€21,375
up €21,375 (+4.8%), from €443,742 to €465,117
- Staff costs -€21,245
down €21,245 (-7.5%), from €283,058 to €261,812
- Write-downs +€16,489
up €16,489 (+777.3%), from €2,121 to €18,610
- Taxes -€8,052
down €8,052 (-42.2%), from €19,099 to €11,047
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 | €710,167 | €858,271 | +€148,104 | +20.9% |
| Fixed assets | 21/28 | €123,050 | €131,930 | +€8,880 | +7.2% |
| Intangible fixed assets | 21 | €20,339 | €69,224 | +€48,885 | +240.4% |
| Tangible fixed assets | 22/27 | €102,711 | €62,706 | -€40,005 | -38.9% |
| Plant, machinery and equipment | 23 | €1,285 | €3,563 | +€2,278 | +177.3% |
| Furniture and vehicles | 24 | €101,427 | €59,144 | -€42,283 | -41.7% |
| Current assets | 29/58 | €587,117 | €726,341 | +€139,224 | +23.7% |
| Stocks and contracts in progress | 3 | €86,242 | €75,074 | -€11,168 | -13.0% |
| Stocks | 30/36 | €86,242 | €75,074 | -€11,168 | -13.0% |
| Amounts receivable within one year | 40/41 | €340,904 | €420,285 | +€79,380 | +23.3% |
| Trade receivables | 40 | €314,017 | €387,066 | +€73,049 | +23.3% |
| Other amounts receivable | 41 | €26,887 | €33,219 | +€6,332 | +23.5% |
| Cash at bank and in hand | 54/58 | €149,937 | €213,833 | +€63,896 | +42.6% |
| Deferred charges and accrued income | 490/1 | €10,034 | €17,149 | +€7,115 | +70.9% |
| Total equity and liabilities | 10/49 | €710,167 | €858,271 | +€148,104 | +20.9% |
| Equity | 10/15 | €354,751 | €376,423 | +€21,672 | +6.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €93,529 | €93,529 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,231 | €11,231 | = | 0.0% |
| Distributable reserves | 133 | €76,148 | €76,148 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,722 | €221,393 | +€21,672 | +10.9% |
| Amounts payable | 17/49 | €355,416 | €481,848 | +€126,432 | +35.6% |
| Amounts payable after more than one year | 17 | €30,392 | €17,103 | -€13,290 | -43.7% |
| Financial debts | 170/4 | €30,392 | €17,103 | -€13,290 | -43.7% |
| Amounts payable within one year | 42/48 | €325,024 | €464,745 | +€139,722 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €20,682 | €13,290 | -€7,392 | -35.7% |
| Trade debts | 44 | €140,769 | €114,001 | -€26,768 | -19.0% |
| Suppliers | 440/4 | €140,769 | €114,001 | -€26,768 | -19.0% |
| Taxes, remuneration and social security | 45 | €40,870 | €27,592 | -€13,278 | -32.5% |
| Taxes | 450/3 | €4,161 | €3,880 | -€281 | -6.8% |
| Remuneration and social security | 454/9 | €36,709 | €23,712 | -€12,997 | -35.4% |
| Other amounts payable | 47/48 | €122,703 | €309,863 | +€187,160 | +152.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €283,058 | €261,812 | -€21,245 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,042 | €56,327 | +€4,285 | +8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,121 | €18,610 | +€16,489 | +777.3% |
| Other operating charges | 640/8 | €36,769 | €36,165 | -€603 | -1.6% |
| Gross operating margin | 9900 | €443,742 | €465,117 | +€21,375 | +4.8% |
| Operating profit (loss) | 9901 | €69,753 | €92,202 | +€22,450 | +32.2% |
| Financial income | 75/76B | €616 | €4,431 | +€3,814 | +618.9% |
| Recurring financial income | 75 | €616 | €4,431 | +€3,814 | +618.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,491 | €3,914 | +€423 | +12.1% |
| Recurring financial charges | 65 | €3,491 | €3,914 | +€423 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €66,878 | €92,719 | +€25,841 | +38.6% |
| Income taxes | 67/77 | €19,099 | €11,047 | -€8,052 | -42.2% |
| Profit (loss) for the period | 9904 | €47,778 | €81,672 | +€33,893 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,778 | €81,672 | +€33,893 | +70.9% |
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 12 October 2026 via checked.be.