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DIZZINESS: 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

DIZZINESS

BE 0809.138.762
NACE 43.990, Other specialised construction activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€174,139
2024 · €45,581+€128,557
Equity
€382,957
2024 · €323,104+€59,853
Cash
€193,539
2024 · €39,651+€153,887
Balance sheet total
€744,407
2024 · €609,023+€135,385

Largest movements

2024 to 2025
Assets
  • Cash +€153,887

    up €153,887 (+388.1%), from €39,651 to €193,539

    mainly Net result for the year (+€174,139) and Tax, wage and social debts (+€72,893)

  • Tangible fixed assets -€25,024

    down €25,024 (-13.0%), from €192,572 to €167,548

    of which Furniture and vehicles: -€13,514

Equity and liabilities
  • Tax, wage and social debts +€72,893

    up €72,893 (+111.1%), from €65,612 to €138,505

    of which Taxes: +€50,184

  • Profit (loss) carried forward +€59,853

    up €59,853 (+25.5%), from €235,044 to €294,897

  • Other debts +€48,025

    up €48,025 (+150.2%), from €31,975 to €80,000

  • Debts after one year -€27,846

    down €27,846 (-21.9%), from €127,242 to €99,396

  • Trade debts -€22,547

    down €22,547 (-93.2%), from €24,190 to €1,644

Income statement
  • Turnover +€304,638

    up €304,638 (+44.7%), from €681,414 to €986,053

  • Gross operating margin +€284,555

    up €284,555 (+85.7%), from €332,013 to €616,568

  • Staff costs +€99,036

    up €99,036 (+43.7%), from €226,867 to €325,904

  • Taxes +€43,875

    up €43,875 (+362.2%), from €12,114 to €55,989

  • Purchases and services +€27,600

    up €27,600 (+7.0%), from €393,246 to €420,845

From the 2024 result to the 2025 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 2024 €45,581
Gross operating margin +€284,555
Staff costs -€99,036
Depreciation -€6,856
Other operating charges -€197
Other operating items +€583
Financial income -€847
Financial charges -€5,769
Taxes -€43,875
Result 2025 €174,139

Cash bridge derived

cash 2024 to 2025

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.

From operations +€311,704
Investment -€20,787
Financing -€137,029
Cash 2024 €39,651
Net result for the year +€174,139
Depreciation +€45,811
Receivables within one year -€4,026
Deferred charges and accrued income -€2,495
Trade debts -€22,547
Tax, wage and social debts +€72,893
Other debts +€48,025
Accrued charges and deferred income -€96
Investment in fixed assets (net) -€20,787
Debts after one year -€27,846
Current portion of long-term debt +€5,103
Contributions, distributions and other -€114,286
Cash 2025 €193,539
Every line side by side 49 lines
Line Code 2024 2025 Change %
Total assets 20/58 €609,023 €744,407 +€135,385 +22.2%
Fixed assets 21/28 €192,882 €167,858 -€25,024 -13.0%
Tangible fixed assets 22/27 €192,572 €167,548 -€25,024 -13.0%
Land and buildings 22 €87,675 €78,631 -€9,044 -10.3%
Plant, machinery and equipment 23 €5,292 €2,826 -€2,466 -46.6%
Furniture and vehicles 24 €99,604 €86,090 -€13,514 -13.6%
Financial fixed assets 28 €310 €310 = 0.0%
Current assets 29/58 €416,141 €576,550 +€160,409 +38.5%
Amounts receivable within one year 40/41 €368,721 €372,747 +€4,026 +1.1%
Trade receivables 40 €339,027 €328,305 -€10,722 -3.2%
Other amounts receivable 41 €29,694 €44,442 +€14,748 +49.7%
Cash at bank and in hand 54/58 €39,651 €193,539 +€153,887 +388.1%
Deferred charges and accrued income 490/1 €7,769 €10,264 +€2,495 +32.1%
Total equity and liabilities 10/49 €609,023 €744,407 +€135,385 +22.2%
Equity 10/15 €323,104 €382,957 +€59,853 +18.5%
Contributions 10/11 €8,060 €8,060 = 0.0%
Reserves 13 €80,000 €80,000 = 0.0%
Distributable reserves 133 €80,000 €80,000 = 0.0%
Profit (loss) carried forward 14 €235,044 €294,897 +€59,853 +25.5%
Amounts payable 17/49 €285,919 €361,450 +€75,531 +26.4%
Amounts payable after more than one year 17 €127,242 €99,396 -€27,846 -21.9%
Financial debts 170/4 €127,242 €99,396 -€27,846 -21.9%
Amounts payable within one year 42/48 €158,581 €262,054 +€103,473 +65.2%
Current portion of amounts payable after more than one year 42 €36,113 €41,216 +€5,103 +14.1%
Financial debts 43 €690 €690 = 0.0%
Credit institutions 430/8 €690 €690 = 0.0%
Trade debts 44 €24,190 €1,644 -€22,547 -93.2%
Suppliers 440/4 €24,190 €1,644 -€22,547 -93.2%
Taxes, remuneration and social security 45 €65,612 €138,505 +€72,893 +111.1%
Taxes 450/3 €28,115 €78,299 +€50,184 +178.5%
Remuneration and social security 454/9 €37,497 €60,206 +€22,709 +60.6%
Other amounts payable 47/48 €31,975 €80,000 +€48,025 +150.2%
Accrued charges and deferred income 492/3 €96 - -€96
Turnover 70 €681,414 €986,053 +€304,638 +44.7%
Goods, raw materials, services and sundry goods 60/61 €393,246 €420,845 +€27,600 +7.0%
Remuneration, social security and pensions 62 €226,867 €325,904 +€99,036 +43.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €38,956 €45,811 +€6,856 +17.6%
Other operating charges 640/8 €2,368 €2,565 +€197 +8.3%
Non-recurring operating charges 66A €790 €207 -€583 -73.8%
Gross operating margin 9900 €332,013 €616,568 +€284,555 +85.7%
Operating profit (loss) 9901 €63,033 €242,081 +€179,048 +284.1%
Financial income 75/76B €850 €3 -€847 -99.6%
Recurring financial income 75 €850 €3 -€847 -99.6%
Financial charges 65/66B €6,188 €11,957 +€5,769 +93.2%
Recurring financial charges 65 €6,188 €11,957 +€5,769 +93.2%
Profit (loss) for the period before taxes 9903 €57,695 €230,128 +€172,432 +298.9%
Income taxes 67/77 €12,114 €55,989 +€43,875 +362.2%
Profit (loss) for the period 9904 €45,581 €174,139 +€128,557 +282.0%
Profit (loss) for the period to be appropriated 9905 €45,581 €174,139 +€128,557 +282.0%

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 29 September 2026 via checked.be.