DIRPAT: 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.
DIRPAT
Largest movements
- Stocks and contracts -€400,893
down €400,893 (-44.0%), from €910,707 to €509,814
- Receivables within one year +€49,885
up €49,885 (+155.2%), from €32,150 to €82,035
of which Trade receivables: +€44,437
- Deferred charges and accrued income -€32,000
down €32,000 (-100.0%), from €32,000 to €0
- Short-term financial debts -€460,000
down €460,000 (-60.5%), from €760,000 to €300,000
- Other debts +€63,283
up €63,283 (+318.1%), from €19,895 to €83,178
- Reserves +€11,369
up €11,369 (+6.4%), from €178,255 to €189,624
- Gross operating margin +€42,393
up €42,393, from -€1,407 to €40,986
- Financial charges +€21,283
up €21,283 (+11823.6%), from €180 to €21,463
- Taxes +€5,551
new in 2025: €5,551
- Other operating charges +€500
up €500 (+193.7%), from €258 to €758
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 | €975,205 | €595,561 | -€379,644 | -38.9% |
| Current assets | 29/58 | €975,205 | €595,561 | -€379,644 | -38.9% |
| Stocks and contracts in progress | 3 | €910,707 | €509,814 | -€400,893 | -44.0% |
| Stocks | 30/36 | €910,707 | €509,814 | -€400,893 | -44.0% |
| Amounts receivable within one year | 40/41 | €32,150 | €82,035 | +€49,885 | +155.2% |
| Trade receivables | 40 | - | €44,437 | +€44,437 | |
| Other amounts receivable | 41 | €32,150 | €37,599 | +€5,449 | +16.9% |
| Cash at bank and in hand | 54/58 | €348 | €3,712 | +€3,364 | +966.7% |
| Deferred charges and accrued income | 490/1 | €32,000 | €0 | -€32,000 | -100.0% |
| Total equity and liabilities | 10/49 | €975,205 | €595,561 | -€379,644 | -38.9% |
| Equity | 10/15 | €195,310 | €208,524 | +€13,214 | +6.8% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €178,255 | €189,624 | +€11,369 | +6.4% |
| Distributable reserves | 133 | €178,255 | €189,624 | +€11,369 | +6.4% |
| Profit (loss) carried forward | 14 | -€1,845 | €0 | +€1,845 | |
| Amounts payable | 17/49 | €779,895 | €387,037 | -€392,858 | -50.4% |
| Amounts payable within one year | 42/48 | €779,895 | €387,037 | -€392,858 | -50.4% |
| Financial debts | 43 | €760,000 | €300,000 | -€460,000 | -60.5% |
| Credit institutions | 430/8 | €760,000 | €300,000 | -€460,000 | -60.5% |
| Trade debts | 44 | - | €3,859 | +€3,859 | |
| Suppliers | 440/4 | - | €3,859 | +€3,859 | |
| Other amounts payable | 47/48 | €19,895 | €83,178 | +€63,283 | +318.1% |
| Other operating charges | 640/8 | €258 | €758 | +€500 | +193.7% |
| Gross operating margin | 9900 | -€1,407 | €40,986 | +€42,393 | |
| Operating profit (loss) | 9901 | -€1,665 | €40,228 | +€41,893 | |
| Financial charges | 65/66B | €180 | €21,463 | +€21,283 | +11823.6% |
| Recurring financial charges | 65 | €180 | €21,463 | +€21,283 | +11823.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,845 | €18,765 | +€20,611 | |
| Income taxes | 67/77 | - | €5,551 | +€5,551 | |
| Profit (loss) for the period | 9904 | -€1,845 | €13,214 | +€15,059 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,845 | €13,214 | +€15,059 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.