DIX-NEUF: 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.
DIX-NEUF
Largest movements
- Tangible fixed assets -€31,172
down €31,172 (-9.1%), from €341,805 to €310,634
of which Plant, machinery and equipment: -€17,803
- Receivables within one year -€12,233
down €12,233 (-60.4%), from €20,242 to €8,009
of which Other amounts receivable: -€12,783
- Debts after one year -€32,539
down €32,539 (-14.9%), from €218,802 to €186,263
- Other debts -€3,815
down €3,815 (-18.3%), from €20,841 to €17,026
- Staff costs +€21,027
up €21,027 (+42.5%), from €49,506 to €70,533
- Gross operating margin +€19,747
up €19,747 (+20.2%), from €97,866 to €117,613
- Other operating charges +€1,976
up €1,976 (+27.7%), from €7,133 to €9,110
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 | €378,214 | €342,201 | -€36,013 | -9.5% |
| Fixed assets | 21/28 | €342,295 | €311,124 | -€31,172 | -9.1% |
| Tangible fixed assets | 22/27 | €341,805 | €310,634 | -€31,172 | -9.1% |
| Land and buildings | 22 | €271,211 | €257,842 | -€13,369 | -4.9% |
| Plant, machinery and equipment | 23 | €70,595 | €52,792 | -€17,803 | -25.2% |
| Financial fixed assets | 28 | €490 | €490 | = | 0.0% |
| Current assets | 29/58 | €35,918 | €31,077 | -€4,841 | -13.5% |
| Stocks and contracts in progress | 3 | - | €3,500 | +€3,500 | |
| Stocks | 30/36 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €20,242 | €8,009 | -€12,233 | -60.4% |
| Trade receivables | 40 | - | €550 | +€550 | |
| Other amounts receivable | 41 | €20,242 | €7,459 | -€12,783 | -63.2% |
| Cash at bank and in hand | 54/58 | €15,085 | €17,882 | +€2,797 | +18.5% |
| Deferred charges and accrued income | 490/1 | €592 | €1,686 | +€1,094 | +185% |
| Total equity and liabilities | 10/49 | €378,214 | €342,201 | -€36,013 | -9.5% |
| Equity | 10/15 | €87,786 | €89,174 | +€1,388 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €67,326 | €68,714 | +€1,388 | +2.1% |
| Amounts payable | 17/49 | €290,428 | €253,027 | -€37,401 | -12.9% |
| Amounts payable after more than one year | 17 | €218,802 | €186,263 | -€32,539 | -14.9% |
| Financial debts | 170/4 | €218,802 | €186,263 | -€32,539 | -14.9% |
| Amounts payable within one year | 42/48 | €71,626 | €66,764 | -€4,862 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €31,811 | €32,539 | +€728 | +2.3% |
| Trade debts | 44 | €12,797 | €10,449 | -€2,348 | -18.4% |
| Suppliers | 440/4 | €12,797 | €10,449 | -€2,348 | -18.4% |
| Taxes, remuneration and social security | 45 | €6,177 | €6,750 | +€574 | +9.3% |
| Taxes | 450/3 | €318 | €775 | +€457 | +144% |
| Remuneration and social security | 454/9 | €5,858 | €5,975 | +€117 | +2.0% |
| Other amounts payable | 47/48 | €20,841 | €17,026 | -€3,815 | -18.3% |
| Remuneration, social security and pensions | 62 | €49,506 | €70,533 | +€21,027 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,878 | €30,939 | +€1,061 | +3.6% |
| Other operating charges | 640/8 | €7,133 | €9,110 | +€1,976 | +27.7% |
| Gross operating margin | 9900 | €97,866 | €117,613 | +€19,747 | +20.2% |
| Operating profit (loss) | 9901 | €11,350 | €7,032 | -€4,318 | -38.0% |
| Financial income | 75/76B | €1 | €0 | -€0 | -45.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -45.0% |
| Financial charges | 65/66B | €6,115 | €5,644 | -€470 | -7.7% |
| Recurring financial charges | 65 | €6,115 | €5,644 | -€470 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €5,236 | €1,388 | -€3,848 | -73.5% |
| Profit (loss) for the period | 9904 | €5,236 | €1,388 | -€3,848 | -73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,236 | €1,388 | -€3,848 | -73.5% |
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 19 October 2026 via checked.be.