DRUKKERIJ DIRIX: 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.
DRUKKERIJ DIRIX
Largest movements
- Receivables within one year -€50,687
down €50,687 (-33.0%), from €153,473 to €102,786
of which Trade receivables: -€50,687
- Stocks and contracts -€36,324
down €36,324 (-13.0%), from €279,214 to €242,889
- Cash +€32,153
up €32,153 (+215%), from €14,929 to €47,082
mainly Net result for the year (+€111,505) and Depreciation (+€97,683)
- Tangible fixed assets -€23,784
down €23,784 (-2.7%), from €890,119 to €866,335
of which Land and buildings: -€28,016
- Reserves +€111,505
up €111,505 (+87.9%), from €126,828 to €238,332
of which Tax-exempt reserves: +€67,360
- Debts after one year -€97,731
down €97,731 (-25.6%), from €382,081 to €284,350
- Short-term financial debts -€58,381
down €58,381 (-23.6%), from €247,744 to €189,363
- Trade debts -€32,540
down €32,540 (-20.0%), from €162,700 to €130,160
- Staff costs -€34,040
down €34,040 (-6.0%), from €564,983 to €530,943
- Gross operating margin +€30,905
up €30,905 (+3.8%), from €810,107 to €841,012
- Taxes +€20,150
up €20,150 (+70.1%), from €28,761 to €48,911
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 | €1,344,428 | €1,263,071 | -€81,357 | -6.1% |
| Fixed assets | 21/28 | €891,797 | €868,013 | -€23,784 | -2.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €890,119 | €866,335 | -€23,784 | -2.7% |
| Land and buildings | 22 | €640,421 | €612,405 | -€28,016 | -4.4% |
| Plant, machinery and equipment | 23 | €161,388 | €161,082 | -€306 | -0.2% |
| Furniture and vehicles | 24 | €88,310 | €92,849 | +€4,539 | +5.1% |
| Financial fixed assets | 28 | €1,678 | €1,678 | = | 0.0% |
| Current assets | 29/58 | €452,632 | €395,058 | -€57,574 | -12.7% |
| Stocks and contracts in progress | 3 | €279,214 | €242,889 | -€36,324 | -13.0% |
| Stocks | 30/36 | €279,214 | €242,889 | -€36,324 | -13.0% |
| Amounts receivable within one year | 40/41 | €153,473 | €102,786 | -€50,687 | -33.0% |
| Trade receivables | 40 | €152,656 | €101,969 | -€50,687 | -33.2% |
| Other amounts receivable | 41 | €817 | €817 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,929 | €47,082 | +€32,153 | +215% |
| Deferred charges and accrued income | 490/1 | €5,016 | €2,300 | -€2,716 | -54.1% |
| Total equity and liabilities | 10/49 | €1,344,428 | €1,263,071 | -€81,357 | -6.1% |
| Equity | 10/15 | €306,189 | €417,694 | +€111,505 | +36.4% |
| Contributions | 10/11 | €152,600 | €152,600 | = | 0.0% |
| Reserves | 13 | €126,828 | €238,332 | +€111,505 | +87.9% |
| Tax-exempt reserves | 132 | €26,450 | €93,810 | +€67,360 | +255% |
| Distributable reserves | 133 | €100,378 | €144,522 | +€44,145 | +44.0% |
| Profit (loss) carried forward | 14 | €26,761 | €26,761 | = | 0.0% |
| Amounts payable | 17/49 | €1,038,240 | €845,377 | -€192,862 | -18.6% |
| Amounts payable after more than one year | 17 | €382,081 | €284,350 | -€97,731 | -25.6% |
| Financial debts | 170/4 | €382,081 | €284,350 | -€97,731 | -25.6% |
| Amounts payable within one year | 42/48 | €649,166 | €541,171 | -€107,995 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €93,106 | €99,003 | +€5,898 | +6.3% |
| Financial debts | 43 | €247,744 | €189,363 | -€58,381 | -23.6% |
| Credit institutions | 430/8 | €247,744 | €189,363 | -€58,381 | -23.6% |
| Trade debts | 44 | €162,700 | €130,160 | -€32,540 | -20.0% |
| Suppliers | 440/4 | €162,700 | €130,160 | -€32,540 | -20.0% |
| Taxes, remuneration and social security | 45 | €66,625 | €54,435 | -€12,190 | -18.3% |
| Taxes | 450/3 | €8,869 | €5,476 | -€3,392 | -38.3% |
| Remuneration and social security | 454/9 | €57,757 | €48,959 | -€8,798 | -15.2% |
| Other amounts payable | 47/48 | €78,992 | €68,209 | -€10,782 | -13.7% |
| Accrued charges and deferred income | 492/3 | €6,992 | €19,856 | +€12,864 | +184% |
| Non-recurring operating income | 76A | €309 | €828 | +€518 | +168% |
| Remuneration, social security and pensions | 62 | €564,983 | €530,943 | -€34,040 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,708 | €97,683 | -€1,026 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €308 | €567 | +€259 | +84.1% |
| Other operating charges | 640/8 | €14,188 | €15,278 | +€1,091 | +7.7% |
| Gross operating margin | 9900 | €810,107 | €841,012 | +€30,905 | +3.8% |
| Operating profit (loss) | 9901 | €131,920 | €196,542 | +€64,621 | +49.0% |
| Financial income | 75/76B | €8 | €197 | +€190 | +2,523% |
| Recurring financial income | 75 | €8 | €197 | +€190 | +2,523% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €36,200 | €36,324 | +€124 | +0.3% |
| Recurring financial charges | 65 | €36,200 | €36,324 | +€124 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €95,728 | €160,416 | +€64,688 | +67.6% |
| Income taxes | 67/77 | €28,761 | €48,911 | +€20,150 | +70.1% |
| Profit (loss) for the period | 9904 | €66,967 | €111,505 | +€44,537 | +66.5% |
| Transfer to tax-exempt reserves | 689 | €21,050 | €67,360 | +€46,310 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €45,917 | €44,145 | -€1,773 | -3.9% |
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 30 October 2026 via checked.be.