Dirk Van Iseghem: 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 Van Iseghem
Largest movements
- Deferred charges and accrued income +€7,003
up €7,003 (+50,023%), from €14 to €7,017
- Cash -€6,571
down €6,571 (-100%), from €6,571 to €0
mainly Net result for the year (-€8,954) and Deferred charges and accrued income (-€7,003)
- Receivables within one year +€5,332
up €5,332 (+92.1%), from €5,787 to €11,120
of which Trade receivables: +€4,684
- Financial fixed assets -€3,700
down €3,700 (-100%), from €3,700 to €0
- Tangible fixed assets -€2,059
down €2,059 (-42.4%), from €4,856 to €2,797
- Profit (loss) carried forward -€8,954
down €8,954 (-88.2%), from €10,154 to €1,200
- Short-term financial debts +€6,538
new in 2025: €6,538
- Trade debts +€3,037
up €3,037 (+171%), from €1,781 to €4,818
- Tax, wage and social debts -€616
down €616 (-15.4%), from €3,993 to €3,378
of which Taxes: -€616
- Gross operating margin -€14,908
down €14,908, from €9,071 to -€5,836
- Taxes -€1,824
down €1,824 (-100%), from €1,824 to €0
- Depreciation +€741
up €741 (+56.2%), from €1,318 to €2,059
- Financial charges +€392
up €392 (+58.2%), from €674 to €1,066
- Other operating charges -€141
down €141 (-54.0%), from €261 to €120
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 | €20,928 | €20,933 | +€5 | 0.0% |
| Fixed assets | 21/28 | €8,556 | €2,797 | -€5,759 | -67.3% |
| Tangible fixed assets | 22/27 | €4,856 | €2,797 | -€2,059 | -42.4% |
| Plant, machinery and equipment | 23 | €4,856 | €2,797 | -€2,059 | -42.4% |
| Financial fixed assets | 28 | €3,700 | €0 | -€3,700 | -100% |
| Current assets | 29/58 | €12,372 | €18,137 | +€5,764 | +46.6% |
| Amounts receivable within one year | 40/41 | €5,787 | €11,120 | +€5,332 | +92.1% |
| Trade receivables | 40 | €3,767 | €8,451 | +€4,684 | +124% |
| Other amounts receivable | 41 | €2,021 | €2,669 | +€648 | +32.1% |
| Cash at bank and in hand | 54/58 | €6,571 | €0 | -€6,571 | -100% |
| Deferred charges and accrued income | 490/1 | €14 | €7,017 | +€7,003 | +50,023% |
| Total equity and liabilities | 10/49 | €20,928 | €20,933 | +€5 | 0.0% |
| Equity | 10/15 | €15,154 | €6,200 | -€8,954 | -59.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,154 | €1,200 | -€8,954 | -88.2% |
| Amounts payable | 17/49 | €5,774 | €14,733 | +€8,959 | +155% |
| Amounts payable within one year | 42/48 | €5,774 | €14,733 | +€8,959 | +155% |
| Financial debts | 43 | - | €6,538 | +€6,538 | |
| Credit institutions | 430/8 | - | €6,538 | +€6,538 | |
| Trade debts | 44 | €1,781 | €4,818 | +€3,037 | +171% |
| Suppliers | 440/4 | €1,781 | €4,818 | +€3,037 | +171% |
| Taxes, remuneration and social security | 45 | €3,993 | €3,378 | -€616 | -15.4% |
| Taxes | 450/3 | €3,993 | €3,378 | -€616 | -15.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,318 | €2,059 | +€741 | +56.2% |
| Other operating charges | 640/8 | €261 | €120 | -€141 | -54.0% |
| Gross operating margin | 9900 | €9,071 | -€5,836 | -€14,908 | |
| Operating profit (loss) | 9901 | €7,492 | -€8,015 | -€15,508 | |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €674 | €1,066 | +€392 | +58.2% |
| Recurring financial charges | 65 | €674 | €1,066 | +€392 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | €6,819 | -€8,954 | -€15,772 | |
| Income taxes | 67/77 | €1,824 | €0 | -€1,824 | -100% |
| Profit (loss) for the period | 9904 | €4,994 | -€8,954 | -€13,948 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,994 | -€8,954 | -€13,948 |
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 28 October 2026 via checked.be.