Dr. Dalewyn: 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.
Dr. Dalewyn
Largest movements
- Current investments +€107,854
up €107,854 (+31.1%), from €347,091 to €454,945
- Tangible fixed assets -€35,239
down €35,239 (-21.6%), from €163,080 to €127,840
of which Land and buildings: -€18,245
- Reserves +€68,373
up €68,373 (+14.2%), from €481,123 to €549,496
- Depreciation +€12,664
up €12,664 (+56.1%), from €22,576 to €35,239
- Gross operating margin +€7,971
up €7,971 (+6.5%), from €122,149 to €130,121
- Financial income +€6,365
up €6,365 (+78.2%), from €8,142 to €14,507
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €539,686 | €606,796 | +€67,110 | +12.4% |
| Fixed assets | 21/28 | €163,080 | €127,840 | -€35,239 | -21.6% |
| Tangible fixed assets | 22/27 | €163,080 | €127,840 | -€35,239 | -21.6% |
| Land and buildings | 22 | €82,738 | €64,492 | -€18,245 | -22.1% |
| Plant, machinery and equipment | 23 | €1,512 | €832 | -€680 | -45.0% |
| Furniture and vehicles | 24 | €70,856 | €56,097 | -€14,759 | -20.8% |
| Other tangible fixed assets | 26 | €7,973 | €6,418 | -€1,555 | -19.5% |
| Current assets | 29/58 | €376,607 | €478,956 | +€102,349 | +27.2% |
| Current investments | 50/53 | €347,091 | €454,945 | +€107,854 | +31.1% |
| Cash at bank and in hand | 54/58 | €29,516 | €24,010 | -€5,505 | -18.7% |
| Total equity and liabilities | 10/49 | €539,686 | €606,796 | +€67,110 | +12.4% |
| Equity | 10/15 | €501,123 | €569,496 | +€68,373 | +13.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €481,123 | €549,496 | +€68,373 | +14.2% |
| Distributable reserves | 133 | €481,123 | €549,496 | +€68,373 | +14.2% |
| Amounts payable | 17/49 | €38,563 | €37,300 | -€1,263 | -3.3% |
| Amounts payable within one year | 42/48 | €37,349 | €36,039 | -€1,310 | -3.5% |
| Trade debts | 44 | €260 | €254 | -€6 | -2.2% |
| Suppliers | 440/4 | €260 | €254 | -€6 | -2.2% |
| Taxes, remuneration and social security | 45 | €23,700 | €19,596 | -€4,103 | -17.3% |
| Taxes | 450/3 | €23,700 | €19,596 | -€4,103 | -17.3% |
| Other amounts payable | 47/48 | €13,389 | €16,188 | +€2,799 | +20.9% |
| Accrued charges and deferred income | 492/3 | €1,214 | €1,261 | +€47 | +3.9% |
| Remuneration, social security and pensions | 62 | €372 | - | -€372 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,576 | €35,239 | +€12,664 | +56.1% |
| Other operating charges | 640/8 | €3,094 | €3,603 | +€509 | +16.5% |
| Non-recurring operating charges | 66A | €8 | - | -€8 | |
| Gross operating margin | 9900 | €122,149 | €130,121 | +€7,971 | +6.5% |
| Operating profit (loss) | 9901 | €96,100 | €91,278 | -€4,822 | -5.0% |
| Financial income | 75/76B | €8,142 | €14,507 | +€6,365 | +78.2% |
| Recurring financial income | 75 | €8,142 | €14,507 | +€6,365 | +78.2% |
| Financial charges | 65/66B | €3,542 | €3,652 | +€110 | +3.1% |
| Recurring financial charges | 65 | €3,542 | €3,652 | +€110 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €100,700 | €102,134 | +€1,434 | +1.4% |
| Income taxes | 67/77 | €34,143 | €33,761 | -€381 | -1.1% |
| Profit (loss) for the period | 9904 | €66,558 | €68,373 | +€1,815 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,558 | €68,373 | +€1,815 | +2.7% |
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 8 October 2026 via checked.be.