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Dispack-Projects: 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.

What changed

Dispack-Projects

BE 0809.087.193
NACE 32.990, Other manufacturing not elsewhere classified
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€346,613
2023 · €262,398+€84,215
Equity
€865,436
2023 · €518,823+€346,613
Cash
€129,269
2023 · €95,798+€33,471
Balance sheet total
€2.6m
2023 · €2.3m+€240,712

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€171,471

    up €171,471 (+13.6%), from €1.3m to €1.4m

    of which Trade receivables: +€145,346

  • Stocks and contracts +€98,581

    up €98,581 (+16.2%), from €609,401 to €707,983

  • Tangible fixed assets -€44,124

    down €44,124 (-14.5%), from €303,861 to €259,737

    of which Plant, machinery and equipment: -€35,774

  • Cash +€33,471

    up €33,471 (+34.9%), from €95,798 to €129,269

    mainly Net result for the year (+€346,613) and Depreciation (+€100,420)

Equity and liabilities
  • Profit (loss) carried forward +€346,613

    up €346,613 (+17.2%), from -€2.0m to -€1.7m

  • Debts after one year -€256,000

    down €256,000 (-46.1%), from €555,392 to €299,392

  • Short-term financial debts +€91,480

    up €91,480 (+80.0%), from €114,398 to €205,878

  • Trade debts +€59,457

    up €59,457 (+7.7%), from €770,624 to €830,081

Income statement
  • Gross operating margin +€152,299

    up €152,299 (+12.2%), from €1.3m to €1.4m

  • Write-downs +€127,384

    new in 2024: €127,384

  • Depreciation -€117,817

    down €117,817 (-54.0%), from €218,236 to €100,420

  • Staff costs +€54,014

    up €54,014 (+8.4%), from €645,293 to €699,307

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €262,398
Gross operating margin +€152,299
Staff costs -€54,014
Depreciation +€117,817
Write-downs -€127,384
Other operating charges +€9,117
Other operating items -€29,359
Financial income +€8,311
Financial charges +€7,526
Taxes -€97
Result 2024 €346,613

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€244,094
Investment -€46,103
Financing -€164,520
Cash 2023 €95,798
Net result for the year +€346,613
Depreciation +€100,420
Stocks and contracts -€98,581
Receivables within one year -€171,471
Deferred charges and accrued income +€8,494
Trade debts +€59,457
Tax, wage and social debts -€838
Investment in fixed assets (net) -€46,103
Debts after one year -€256,000
Short-term financial debts +€91,480
Cash 2024 €129,269
Every line side by side 48 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,316,559 €2,557,271 +€240,712 +10.4%
Fixed assets 21/28 €318,248 €263,931 -€54,317 -17.1%
Intangible fixed assets 21 €13,712 €3,519 -€10,193 -74.3%
Tangible fixed assets 22/27 €303,861 €259,737 -€44,124 -14.5%
Plant, machinery and equipment 23 €272,689 €236,915 -€35,774 -13.1%
Furniture and vehicles 24 €31,172 €22,822 -€8,350 -26.8%
Financial fixed assets 28 €675 €675 = 0.0%
Current assets 29/58 €1,998,311 €2,293,340 +€295,029 +14.8%
Stocks and contracts in progress 3 €609,401 €707,983 +€98,581 +16.2%
Stocks 30/36 €609,401 €707,983 +€98,581 +16.2%
Amounts receivable within one year 40/41 €1,258,405 €1,429,875 +€171,471 +13.6%
Trade receivables 40 €1,166,791 €1,312,137 +€145,346 +12.5%
Other amounts receivable 41 €91,614 €117,738 +€26,125 +28.5%
Cash at bank and in hand 54/58 €95,798 €129,269 +€33,471 +34.9%
Deferred charges and accrued income 490/1 €34,707 €26,213 -€8,494 -24.5%
Total equity and liabilities 10/49 €2,316,559 €2,557,271 +€240,712 +10.4%
Equity 10/15 €518,823 €865,436 +€346,613 +66.8%
Contributions 10/11 €2,536,116 €2,536,116 = 0.0%
Capital 10 €2,536,116 €2,536,116 = 0.0%
Issued capital 100 €2,536,116 €2,536,116 = 0.0%
Profit (loss) carried forward 14 -€2,017,293 -€1,670,680 +€346,613 +17.2%
Amounts payable 17/49 €1,797,736 €1,691,836 -€105,901 -5.9%
Amounts payable after more than one year 17 €555,392 €299,392 -€256,000 -46.1%
Financial debts 170/4 €555,392 €299,392 -€256,000 -46.1%
Amounts payable within one year 42/48 €1,242,344 €1,392,444 +€150,099 +12.1%
Current portion of amounts payable after more than one year 42 €300,000 €300,000 = 0.0%
Financial debts 43 €114,398 €205,878 +€91,480 +80.0%
Credit institutions 430/8 €114,398 €205,878 +€91,480 +80.0%
Trade debts 44 €770,624 €830,081 +€59,457 +7.7%
Suppliers 440/4 €770,624 €830,081 +€59,457 +7.7%
Taxes, remuneration and social security 45 €57,322 €56,484 -€838 -1.5%
Taxes 450/3 €817 €914 +€97 +11.9%
Remuneration and social security 454/9 €56,505 €55,570 -€935 -1.7%
Remuneration, social security and pensions 62 €645,293 €699,307 +€54,014 +8.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €218,236 €100,420 -€117,817 -54.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €127,384 +€127,384
Other operating charges 640/8 €19,797 €10,680 -€9,117 -46.1%
Non-recurring operating charges 66A €4,440 €33,799 +€29,359 +661.2%
Gross operating margin 9900 €1,253,143 €1,405,442 +€152,299 +12.2%
Operating profit (loss) 9901 €365,376 €433,851 +€68,475 +18.7%
Financial income 75/76B €7,622 €15,933 +€8,311 +109.1%
Recurring financial income 75 €7,622 €15,933 +€8,311 +109.1%
Financial charges 65/66B €109,783 €102,257 -€7,526 -6.9%
Recurring financial charges 65 €109,783 €102,257 -€7,526 -6.9%
Profit (loss) for the period before taxes 9903 €263,215 €347,527 +€84,312 +32.0%
Income taxes 67/77 €817 €914 +€97 +11.9%
Profit (loss) for the period 9904 €262,398 €346,613 +€84,215 +32.1%
Profit (loss) for the period to be appropriated 9905 €262,398 €346,613 +€84,215 +32.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.