DIRK PIESSENS & ZONEN: what changed
DIRK PIESSENS & ZONEN
Largest movements
- Receivables within one year -€19,066
down €19,066 (-79.9%), from €23,857 to €4,791
of which Other amounts receivable: -€13,182
- Tangible fixed assets -€15,731
down €15,731 (-22.3%), from €70,677 to €54,946
- Cash -€9,263
down €9,263 (-18.4%), from €50,295 to €41,032
mainly Net result for the year (-€39,392) and Tax, wage and social debts (-€4,911)
- Deferred charges and accrued income +€1,946
up €1,946 (+46,339%), from €4 to €1,950
- Stocks and contracts -€1,839
down €1,839 (-15.6%), from €11,819 to €9,980
- Profit (loss) carried forward -€39,392
down €39,392 (-80.9%), from -€48,709 to -€88,101
- Other debts +€7,693
up €7,693 (+88.9%), from €8,656 to €16,349
- Tax, wage and social debts -€4,911
down €4,911 (-97.3%), from €5,048 to €138
of which Remuneration and social security: -€4,691
- Debts after one year -€4,750
down €4,750 (-5.7%), from €82,750 to €78,000
- Trade debts -€2,343
down €2,343 (-43.2%), from €5,425 to €3,082
- Gross operating margin +€19,507
up €19,507 (+52.6%), from -€37,093 to -€17,586
- Staff costs -€6,364
down €6,364 (-82.4%), from €7,724 to €1,360
- Depreciation -€5,365
down €5,365 (-30.1%), from €17,809 to €12,443
- Other operating charges +€821
up €821 (+39.8%), from €2,064 to €2,885
- Financial charges -€755
down €755 (-18.4%), from €4,107 to €3,352
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 | €161,652 | €117,949 | -€43,703 | -27.0% |
| Fixed assets | 21/28 | €75,677 | €60,196 | -€15,481 | -20.5% |
| Tangible fixed assets | 22/27 | €70,677 | €54,946 | -€15,731 | -22.3% |
| Land and buildings | 22 | €52,510 | €45,102 | -€7,408 | -14.1% |
| Plant, machinery and equipment | 23 | €3,556 | €596 | -€2,960 | -83.2% |
| Furniture and vehicles | 24 | €12,066 | €7,178 | -€4,888 | -40.5% |
| Other tangible fixed assets | 26 | €2,545 | €2,070 | -€475 | -18.7% |
| Financial fixed assets | 28 | €5,000 | €5,250 | +€250 | +5.0% |
| Current assets | 29/58 | €85,975 | €57,753 | -€28,222 | -32.8% |
| Stocks and contracts in progress | 3 | €11,819 | €9,980 | -€1,839 | -15.6% |
| Stocks | 30/36 | €11,819 | €9,980 | -€1,839 | -15.6% |
| Amounts receivable within one year | 40/41 | €23,857 | €4,791 | -€19,066 | -79.9% |
| Trade receivables | 40 | €9,219 | €3,334 | -€5,884 | -63.8% |
| Other amounts receivable | 41 | €14,638 | €1,456 | -€13,182 | -90.1% |
| Cash at bank and in hand | 54/58 | €50,295 | €41,032 | -€9,263 | -18.4% |
| Deferred charges and accrued income | 490/1 | €4 | €1,950 | +€1,946 | +46,339% |
| Total equity and liabilities | 10/49 | €161,652 | €117,949 | -€43,703 | -27.0% |
| Equity | 10/15 | €59,751 | €20,359 | -€39,392 | -65.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,860 | €89,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €88,000 | €88,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,709 | -€88,101 | -€39,392 | -80.9% |
| Amounts payable | 17/49 | €101,901 | €97,590 | -€4,311 | -4.2% |
| Amounts payable after more than one year | 17 | €82,750 | €78,000 | -€4,750 | -5.7% |
| Financial debts | 170/4 | €82,750 | €78,000 | -€4,750 | -5.7% |
| Amounts payable within one year | 42/48 | €19,151 | €19,590 | +€439 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | - | €21 | +€21 | |
| Financial debts | 43 | €21 | - | -€21 | |
| Credit institutions | 430/8 | €21 | - | -€21 | |
| Trade debts | 44 | €5,425 | €3,082 | -€2,343 | -43.2% |
| Suppliers | 440/4 | €5,425 | €3,082 | -€2,343 | -43.2% |
| Taxes, remuneration and social security | 45 | €5,048 | €138 | -€4,911 | -97.3% |
| Taxes | 450/3 | €357 | €138 | -€219 | -61.4% |
| Remuneration and social security | 454/9 | €4,691 | €0 | -€4,691 | -100% |
| Other amounts payable | 47/48 | €8,656 | €16,349 | +€7,693 | +88.9% |
| Remuneration, social security and pensions | 62 | €7,724 | €1,360 | -€6,364 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,809 | €12,443 | -€5,365 | -30.1% |
| Other operating charges | 640/8 | €2,064 | €2,885 | +€821 | +39.8% |
| Non-recurring operating charges | 66A | - | €1,871 | +€1,871 | |
| Gross operating margin | 9900 | -€37,093 | -€17,586 | +€19,507 | +52.6% |
| Operating profit (loss) | 9901 | -€64,691 | -€36,145 | +€28,545 | +44.1% |
| Financial income | 75/76B | €17 | €105 | +€88 | +514% |
| Recurring financial income | 75 | €17 | €105 | +€88 | +514% |
| Financial charges | 65/66B | €4,107 | €3,352 | -€755 | -18.4% |
| Recurring financial charges | 65 | €4,107 | €3,352 | -€755 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€68,780 | -€39,392 | +€29,389 | +42.7% |
| Income taxes | 67/77 | €138 | €0 | -€138 | -100% |
| Profit (loss) for the period | 9904 | -€68,918 | -€39,392 | +€29,526 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,918 | -€39,392 | +€29,526 | +42.8% |
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 7 November 2026 via checked.be.