DIRMAR: 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.
DIRMAR
Largest movements
- Receivables within one year +€32,576
up €32,576 (+126.9%), from €25,663 to €58,239
of which Trade receivables: +€31,173
- Cash +€12,200
up €12,200 (+53.1%), from €22,971 to €35,171
mainly Net result for the year (+€25,294) and Depreciation (+€23,733)
- Tangible fixed assets -€10,337
down €10,337 (-14.0%), from €73,845 to €63,507
of which Furniture and vehicles: -€6,585
- Stocks and contracts -€7,145
down €7,145 (-47.3%), from €15,095 to €7,950
of which Contracts in progress: -€5,000
- Profit (loss) carried forward +€25,294
up €25,294 (+43.1%), from €58,630 to €83,923
- Tax, wage and social debts +€17,092
new in 2025: €17,092
of which Remuneration and social security: +€12,800
- Trade debts -€12,842
down €12,842 (-87.8%), from €14,622 to €1,781
- Current portion of long-term debt -€8,227
no longer reported in 2025 (was €8,227)
- Other debts +€4,817
up €4,817 (+9.5%), from €50,749 to €55,566
- Gross operating margin +€16,292
up €16,292 (+36.8%), from €44,255 to €60,547
- Depreciation -€7,430
down €7,430 (-23.8%), from €31,163 to €23,733
- Taxes +€6,187
up €6,187 (+258.8%), from €2,390 to €8,577
- Staff costs +€1,354
new in 2025: €1,354
- Financial charges -€1,239
down €1,239 (-92.9%), from €1,333 to €94
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 | €140,288 | €166,422 | +€26,134 | +18.6% |
| Fixed assets | 21/28 | €74,045 | €63,707 | -€10,337 | -14.0% |
| Tangible fixed assets | 22/27 | €73,845 | €63,507 | -€10,337 | -14.0% |
| Plant, machinery and equipment | 23 | €65,963 | €62,211 | -€3,753 | -5.7% |
| Furniture and vehicles | 24 | €7,881 | €1,297 | -€6,585 | -83.5% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €66,243 | €102,715 | +€36,471 | +55.1% |
| Stocks and contracts in progress | 3 | €15,095 | €7,950 | -€7,145 | -47.3% |
| Stocks | 30/36 | €5,095 | €2,950 | -€2,145 | -42.1% |
| Contracts in progress | 37 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €25,663 | €58,239 | +€32,576 | +126.9% |
| Trade receivables | 40 | €22,905 | €54,078 | +€31,173 | +136.1% |
| Other amounts receivable | 41 | €2,759 | €4,161 | +€1,403 | +50.8% |
| Cash at bank and in hand | 54/58 | €22,971 | €35,171 | +€12,200 | +53.1% |
| Deferred charges and accrued income | 490/1 | €2,514 | €1,355 | -€1,159 | -46.1% |
| Total equity and liabilities | 10/49 | €140,288 | €166,422 | +€26,134 | +18.6% |
| Equity | 10/15 | €66,690 | €91,983 | +€25,294 | +37.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €58,630 | €83,923 | +€25,294 | +43.1% |
| Amounts payable | 17/49 | €73,598 | €74,439 | +€841 | +1.1% |
| Amounts payable within one year | 42/48 | €73,598 | €74,439 | +€841 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €8,227 | - | -€8,227 | |
| Trade debts | 44 | €14,622 | €1,781 | -€12,842 | -87.8% |
| Suppliers | 440/4 | €14,622 | €1,781 | -€12,842 | -87.8% |
| Taxes, remuneration and social security | 45 | - | €17,092 | +€17,092 | |
| Taxes | 450/3 | - | €4,292 | +€4,292 | |
| Remuneration and social security | 454/9 | - | €12,800 | +€12,800 | |
| Other amounts payable | 47/48 | €50,749 | €55,566 | +€4,817 | +9.5% |
| Remuneration, social security and pensions | 62 | - | €1,354 | +€1,354 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,163 | €23,733 | -€7,430 | -23.8% |
| Other operating charges | 640/8 | €1,817 | €1,495 | -€322 | -17.7% |
| Gross operating margin | 9900 | €44,255 | €60,547 | +€16,292 | +36.8% |
| Operating profit (loss) | 9901 | €11,274 | €33,964 | +€22,690 | +201.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +116.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +116.7% |
| Financial charges | 65/66B | €1,333 | €94 | -€1,239 | -92.9% |
| Recurring financial charges | 65 | €1,333 | €94 | -€1,239 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | €9,941 | €33,870 | +€23,930 | +240.7% |
| Income taxes | 67/77 | €2,390 | €8,577 | +€6,187 | +258.8% |
| Profit (loss) for the period | 9904 | €7,551 | €25,294 | +€17,743 | +235.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,551 | €25,294 | +€17,743 | +235.0% |
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 9 October 2026 via checked.be.