Dr. Dirven werner: 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. Dirven werner
Largest movements
- Current investments +€242,732
up €242,732 (+97.7%), from €248,469 to €491,201
- Receivables within one year +€64,584
up €64,584 (+8.3%), from €780,203 to €844,787
of which Trade receivables: +€79,109
- Cash +€52,654
up €52,654 (+9.7%), from €540,174 to €592,829
mainly Net result for the year (+€457,179) and Trade debts (+€52,753)
- Tangible fixed assets -€46,563
down €46,563 (-3.9%), from €1.2m to €1.2m
of which Land and buildings: -€33,576
- Reserves +€323,725
up €323,725 (+19.7%), from €1.6m to €2.0m
- Debts after one year -€64,496
down €64,496 (-7.4%), from €876,337 to €811,841
- Trade debts +€52,753
up €52,753 (+37.9%), from €139,104 to €191,858
- Gross operating margin +€93,759
up €93,759 (+15.7%), from €598,805 to €692,564
- Taxes +€34,598
up €34,598 (+19.1%), from €180,704 to €215,302
- Financial income +€12,946
up €12,946 (+51.5%), from €25,139 to €38,085
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 | €2,780,997 | €3,092,327 | +€311,330 | +11.2% |
| Fixed assets | 21/28 | €1,205,665 | €1,159,101 | -€46,563 | -3.9% |
| Tangible fixed assets | 22/27 | €1,205,665 | €1,159,101 | -€46,563 | -3.9% |
| Land and buildings | 22 | €1,117,413 | €1,083,837 | -€33,576 | -3.0% |
| Plant, machinery and equipment | 23 | €54,856 | €51,070 | -€3,786 | -6.9% |
| Furniture and vehicles | 24 | €33,395 | €24,193 | -€9,202 | -27.6% |
| Current assets | 29/58 | €1,575,332 | €1,933,226 | +€357,893 | +22.7% |
| Amounts receivable within one year | 40/41 | €780,203 | €844,787 | +€64,584 | +8.3% |
| Trade receivables | 40 | €181,842 | €260,951 | +€79,109 | +43.5% |
| Other amounts receivable | 41 | €598,361 | €583,835 | -€14,526 | -2.4% |
| Current investments | 50/53 | €248,469 | €491,201 | +€242,732 | +97.7% |
| Cash at bank and in hand | 54/58 | €540,174 | €592,829 | +€52,654 | +9.7% |
| Deferred charges and accrued income | 490/1 | €6,486 | €4,410 | -€2,076 | -32.0% |
| Total equity and liabilities | 10/49 | €2,780,997 | €3,092,327 | +€311,330 | +11.2% |
| Equity | 10/15 | €1,658,208 | €1,981,933 | +€323,725 | +19.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,645,808 | €1,969,533 | +€323,725 | +19.7% |
| Distributable reserves | 133 | €1,645,808 | €1,969,533 | +€323,725 | +19.7% |
| Amounts payable | 17/49 | €1,122,789 | €1,110,394 | -€12,395 | -1.1% |
| Amounts payable after more than one year | 17 | €876,337 | €811,841 | -€64,496 | -7.4% |
| Financial debts | 170/4 | €876,337 | €811,841 | -€64,496 | -7.4% |
| Amounts payable within one year | 42/48 | €246,453 | €298,554 | +€52,101 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €69,645 | €70,328 | +€683 | +1.0% |
| Financial debts | 43 | €2,916 | - | -€2,916 | |
| Credit institutions | 430/8 | €2,916 | - | -€2,916 | |
| Trade debts | 44 | €139,104 | €191,858 | +€52,753 | +37.9% |
| Suppliers | 440/4 | €139,104 | €191,858 | +€52,753 | +37.9% |
| Taxes, remuneration and social security | 45 | €33,121 | €36,368 | +€3,247 | +9.8% |
| Taxes | 450/3 | €33,121 | €36,368 | +€3,247 | +9.8% |
| Other amounts payable | 47/48 | €1,666 | - | -€1,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,260 | €47,018 | -€1,241 | -2.6% |
| Other operating charges | 640/8 | €1,279 | €4,247 | +€2,969 | +232.2% |
| Gross operating margin | 9900 | €598,805 | €692,564 | +€93,759 | +15.7% |
| Operating profit (loss) | 9901 | €549,267 | €641,298 | +€92,032 | +16.8% |
| Financial income | 75/76B | €25,139 | €38,085 | +€12,946 | +51.5% |
| Recurring financial income | 75 | €25,139 | €38,085 | +€12,946 | +51.5% |
| Financial charges | 65/66B | €348 | €6,902 | +€6,554 | +1885.9% |
| Recurring financial charges | 65 | €348 | €6,902 | +€6,554 | +1885.9% |
| Profit (loss) for the period before taxes | 9903 | €574,058 | €672,481 | +€98,423 | +17.1% |
| Income taxes | 67/77 | €180,704 | €215,302 | +€34,598 | +19.1% |
| Profit (loss) for the period | 9904 | €393,354 | €457,179 | +€63,825 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €393,354 | €457,179 | +€63,825 | +16.2% |
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 1 October 2026 via checked.be.