DR. DIERICK ANDRE: 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.
DR. DIERICK ANDRE
Largest movements
- Current investments +€260,367
up €260,367 (+7.6%), from €3.4m to €3.7m
- Cash -€141,928
down €141,928 (-24.4%), from €582,172 to €440,244
mainly Current investments (-€260,367) and Receivables within one year (-€43,855)
- Reserves +€218,059
up €218,059 (+6.6%), from €3.3m to €3.5m
of which Distributable reserves: +€218,059
- Financial income -€52,375
down €52,375 (-53.2%), from €98,447 to €46,072
- Taxes -€25,921
down €25,921 (-20.6%), from €125,776 to €99,855
- Gross operating margin -€21,392
down €21,392 (-5.7%), from €375,440 to €354,048
- Depreciation +€4,835
up €4,835 (+38.1%), from €12,701 to €17,536
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 | €4,194,585 | €4,391,679 | +€197,094 | +4.7% |
| Fixed assets | 21/28 | €86,770 | €93,597 | +€6,827 | +7.9% |
| Tangible fixed assets | 22/27 | €86,671 | €93,498 | +€6,827 | +7.9% |
| Land and buildings | 22 | €35,984 | €47,187 | +€11,203 | +31.1% |
| Plant, machinery and equipment | 23 | €2,832 | €3,412 | +€580 | +20.5% |
| Furniture and vehicles | 24 | €47,855 | €42,898 | -€4,957 | -10.4% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €4,107,815 | €4,298,083 | +€190,268 | +4.6% |
| Amounts receivable within one year | 40/41 | €6,818 | €50,673 | +€43,855 | +643.3% |
| Other amounts receivable | 41 | €6,818 | €50,673 | +€43,855 | +643.3% |
| Current investments | 50/53 | €3,433,040 | €3,693,407 | +€260,367 | +7.6% |
| Cash at bank and in hand | 54/58 | €582,172 | €440,244 | -€141,928 | -24.4% |
| Deferred charges and accrued income | 490/1 | €85,786 | €113,760 | +€27,974 | +32.6% |
| Total equity and liabilities | 10/49 | €4,194,585 | €4,391,679 | +€197,094 | +4.7% |
| Equity | 10/15 | €3,347,112 | €3,565,171 | +€218,059 | +6.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,328,520 | €3,546,579 | +€218,059 | +6.6% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €3,309,770 | €3,527,829 | +€218,059 | +6.6% |
| Amounts payable | 17/49 | €847,473 | €826,509 | -€20,964 | -2.5% |
| Amounts payable within one year | 42/48 | €768,145 | €735,807 | -€32,338 | -4.2% |
| Trade debts | 44 | €6,040 | €5,926 | -€114 | -1.9% |
| Suppliers | 440/4 | €6,040 | €5,926 | -€114 | -1.9% |
| Taxes, remuneration and social security | 45 | €32,894 | €316 | -€32,578 | -99.0% |
| Taxes | 450/3 | €32,894 | €316 | -€32,578 | -99.0% |
| Other amounts payable | 47/48 | €729,211 | €729,565 | +€354 | 0.0% |
| Accrued charges and deferred income | 492/3 | €79,328 | €90,702 | +€11,374 | +14.3% |
| Non-recurring operating income | 76A | €12,000 | - | -€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,701 | €17,536 | +€4,835 | +38.1% |
| Other operating charges | 640/8 | €3,155 | €3,280 | +€125 | +4.0% |
| Gross operating margin | 9900 | €375,440 | €354,048 | -€21,392 | -5.7% |
| Operating profit (loss) | 9901 | €359,583 | €333,232 | -€26,351 | -7.3% |
| Financial income | 75/76B | €98,447 | €46,072 | -€52,375 | -53.2% |
| Recurring financial income | 75 | €98,447 | €46,072 | -€52,375 | -53.2% |
| Financial charges | 65/66B | €58,378 | €61,390 | +€3,012 | +5.2% |
| Recurring financial charges | 65 | €58,378 | €61,390 | +€3,012 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €399,652 | €317,914 | -€81,738 | -20.5% |
| Income taxes | 67/77 | €125,776 | €99,855 | -€25,921 | -20.6% |
| Profit (loss) for the period | 9904 | €273,876 | €218,059 | -€55,817 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €273,876 | €218,059 | -€55,817 | -20.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.