DIRONA: what changed
Two fiscal 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.
DIRONA
Largest movements
- Financial fixed assets +€70,188
new in 2025: €70,188
- Tangible fixed assets -€69,455
down €69,455 (-2.3%), from €3.1m to €3.0m
of which Land and buildings: -€71,422
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€20,708
down €20,708 (-72.1%), from €28,736 to €8,027
- Financial income -€20,451
down €20,451 (-48.6%), from €42,075 to €21,624
- Depreciation +€7,984
up €7,984 (+12.3%), from €64,921 to €72,904
- Gross operating margin +€1,940
up €1,940 (+6.1%), from €31,924 to €33,864
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 | €4,290,378 | €4,265,079 | -€25,299 | -0.6% |
| Fixed assets | 21/28 | €3,079,605 | €3,080,337 | +€732 | 0.0% |
| Tangible fixed assets | 22/27 | €3,079,605 | €3,010,149 | -€69,455 | -2.3% |
| Land and buildings | 22 | €3,078,432 | €3,007,010 | -€71,422 | -2.3% |
| Plant, machinery and equipment | 23 | €1,172 | €3,139 | +€1,967 | +167.8% |
| Financial fixed assets | 28 | - | €70,188 | +€70,188 | |
| Current assets | 29/58 | €1,210,774 | €1,184,742 | -€26,031 | -2.1% |
| Amounts receivable within one year | 40/41 | €20,273 | €20,170 | -€102 | -0.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €20,273 | €20,170 | -€102 | -0.5% |
| Current investments | 50/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €188,880 | €163,685 | -€25,195 | -13.3% |
| Deferred charges and accrued income | 490/1 | €1,621 | €887 | -€734 | -45.3% |
| Total equity and liabilities | 10/49 | €4,290,378 | €4,265,079 | -€25,299 | -0.6% |
| Equity | 10/15 | €4,288,613 | €4,263,019 | -€25,594 | -0.6% |
| Contributions | 10/11 | €4,500,000 | €4,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,387 | -€236,981 | -€25,594 | -12.1% |
| Amounts payable | 17/49 | €1,765 | €2,060 | +€295 | +16.7% |
| Amounts payable within one year | 42/48 | - | €250 | +€250 | |
| Trade debts | 44 | - | €250 | +€250 | |
| Suppliers | 440/4 | - | €250 | +€250 | |
| Accrued charges and deferred income | 492/3 | €1,765 | €1,810 | +€45 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,921 | €72,904 | +€7,984 | +12.3% |
| Other operating charges | 640/8 | €28,736 | €8,027 | -€20,708 | -72.1% |
| Gross operating margin | 9900 | €31,924 | €33,864 | +€1,940 | +6.1% |
| Operating profit (loss) | 9901 | -€61,732 | -€47,068 | +€14,665 | +23.8% |
| Financial income | 75/76B | €42,075 | €21,624 | -€20,451 | -48.6% |
| Recurring financial income | 75 | €42,075 | €21,624 | -€20,451 | -48.6% |
| Financial charges | 65/66B | €152 | €150 | -€2 | -1.1% |
| Recurring financial charges | 65 | €152 | €150 | -€2 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,809 | -€25,594 | -€5,785 | -29.2% |
| Profit (loss) for the period | 9904 | -€19,809 | -€25,594 | -€5,785 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,809 | -€25,594 | -€5,785 | -29.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.