Dirka: 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.
Dirka
Largest movements
- Stocks and contracts +€423,318
up €423,318 (+198%), from €214,028 to €637,346
- Tangible fixed assets -€150,599
down €150,599 (-24.7%), from €608,968 to €458,369
of which Land and buildings: -€121,267
- Cash +€41,854
up €41,854 (+415%), from €10,087 to €51,941
mainly Debts after one year (+€189,460) and Other debts (+€99,975)
- Receivables within one year +€12,467
up €12,467 (+20.7%), from €60,100 to €72,566
of which Trade receivables: +€22,663
- Debts after one year +€189,460
up €189,460 (+39.4%), from €481,189 to €670,649
- Other debts +€99,975
up €99,975 (+75.8%), from €131,919 to €231,894
- Reserves +€34,735
up €34,735 (+17.8%), from €195,055 to €229,790
- Gross operating margin +€14,922
up €14,922 (+14.5%), from €103,028 to €117,950
- Depreciation +€10,514
up €10,514 (+24.2%), from €43,510 to €54,023
- Financial charges -€3,221
down €3,221 (-18.7%), from €17,186 to €13,965
- Taxes +€3,218
up €3,218 (+31.1%), from €10,363 to €13,581
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 | €902,391 | €1,222,522 | +€320,131 | +35.5% |
| Fixed assets | 21/28 | €609,238 | €458,639 | -€150,599 | -24.7% |
| Tangible fixed assets | 22/27 | €608,968 | €458,369 | -€150,599 | -24.7% |
| Land and buildings | 22 | €426,932 | €305,665 | -€121,267 | -28.4% |
| Plant, machinery and equipment | 23 | €182,036 | €152,704 | -€29,332 | -16.1% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €293,153 | €763,883 | +€470,730 | +161% |
| Stocks and contracts in progress | 3 | €214,028 | €637,346 | +€423,318 | +198% |
| Stocks | 30/36 | €214,028 | €637,346 | +€423,318 | +198% |
| Amounts receivable within one year | 40/41 | €60,100 | €72,566 | +€12,467 | +20.7% |
| Trade receivables | 40 | €49,904 | €72,566 | +€22,663 | +45.4% |
| Other amounts receivable | 41 | €10,196 | €0 | -€10,196 | -100% |
| Cash at bank and in hand | 54/58 | €10,087 | €51,941 | +€41,854 | +415% |
| Deferred charges and accrued income | 490/1 | €8,938 | €2,029 | -€6,909 | -77.3% |
| Total equity and liabilities | 10/49 | €902,391 | €1,222,522 | +€320,131 | +35.5% |
| Equity | 10/15 | €202,055 | €236,790 | +€34,735 | +17.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €195,055 | €229,790 | +€34,735 | +17.8% |
| Distributable reserves | 133 | €195,055 | €229,790 | +€34,735 | +17.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €700,336 | €985,732 | +€285,396 | +40.8% |
| Amounts payable after more than one year | 17 | €481,189 | €670,649 | +€189,460 | +39.4% |
| Financial debts | 170/4 | €481,189 | €670,649 | +€189,460 | +39.4% |
| Amounts payable within one year | 42/48 | €219,147 | €315,083 | +€95,936 | +43.8% |
| Current portion of amounts payable after more than one year | 42 | €52,643 | €45,363 | -€7,280 | -13.8% |
| Trade debts | 44 | €34,585 | €34,408 | -€177 | -0.5% |
| Suppliers | 440/4 | €34,585 | €34,408 | -€177 | -0.5% |
| Taxes, remuneration and social security | 45 | €0 | €3,418 | +€3,418 | |
| Taxes | 450/3 | €0 | €3,418 | +€3,418 | |
| Other amounts payable | 47/48 | €131,919 | €231,894 | +€99,975 | +75.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,510 | €54,023 | +€10,514 | +24.2% |
| Other operating charges | 640/8 | €2,382 | €1,814 | -€568 | -23.8% |
| Gross operating margin | 9900 | €103,028 | €117,950 | +€14,922 | +14.5% |
| Operating profit (loss) | 9901 | €57,136 | €62,112 | +€4,976 | +8.7% |
| Financial income | 75/76B | €49 | €169 | +€119 | +241% |
| Recurring financial income | 75 | €49 | €169 | +€119 | +241% |
| Financial charges | 65/66B | €17,186 | €13,965 | -€3,221 | -18.7% |
| Recurring financial charges | 65 | €17,186 | €13,965 | -€3,221 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €39,999 | €48,316 | +€8,317 | +20.8% |
| Income taxes | 67/77 | €10,363 | €13,581 | +€3,218 | +31.1% |
| Profit (loss) for the period | 9904 | €29,637 | €34,735 | +€5,098 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,637 | €34,735 | +€5,098 | +17.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.