DYBEX: 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.
DYBEX
Largest movements
- Stocks and contracts +€131,528
up €131,528 (+28.9%), from €455,718 to €587,246
- Cash -€49,720
down €49,720 (-95.0%), from €52,338 to €2,618
mainly Debts after one year (-€448,232) and Stocks and contracts (-€131,528)
- Profit (loss) carried forward +€488,658
up €488,658 (+38.5%), from -€1.3m to -€780,609
- Debts after one year -€448,232
down €448,232 (-61.8%), from €725,348 to €277,116
- Trade debts +€143,254
up €143,254 (+8.8%), from €1.6m to €1.8m
- Advances received -€75,000
down €75,000 (-92.0%), from €81,500 to €6,500
- Accrued charges and deferred income -€29,992
no longer reported in 2024 (was €29,992)
- Gross operating margin +€373,759
up €373,759 (+324.8%), from €115,083 to €488,842
- Write-downs -€22,905
no longer reported in 2024 (was €22,905)
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 | €1,705,305 | €1,785,793 | +€80,488 | +4.7% |
| Fixed assets | 21/28 | €3,330 | €3,510 | +€180 | +5.4% |
| Tangible fixed assets | 22/27 | €240 | €420 | +€180 | +75.0% |
| Plant, machinery and equipment | 23 | €240 | €420 | +€180 | +75.0% |
| Financial fixed assets | 28 | €3,090 | €3,090 | = | 0.0% |
| Current assets | 29/58 | €1,701,975 | €1,782,283 | +€80,308 | +4.7% |
| Amounts receivable after more than one year | 29 | €76,704 | €66,080 | -€10,624 | -13.9% |
| Other amounts receivable | 291 | €76,704 | €66,080 | -€10,624 | -13.9% |
| Stocks and contracts in progress | 3 | €455,718 | €587,246 | +€131,528 | +28.9% |
| Stocks | 30/36 | €455,718 | €587,246 | +€131,528 | +28.9% |
| Amounts receivable within one year | 40/41 | €1,117,215 | €1,126,339 | +€9,124 | +0.8% |
| Trade receivables | 40 | €1,004,979 | €1,104,266 | +€99,287 | +9.9% |
| Other amounts receivable | 41 | €112,237 | €22,073 | -€90,163 | -80.3% |
| Cash at bank and in hand | 54/58 | €52,338 | €2,618 | -€49,720 | -95.0% |
| Total equity and liabilities | 10/49 | €1,705,305 | €1,785,793 | +€80,488 | +4.7% |
| Equity | 10/15 | -€785,267 | -€296,609 | +€488,658 | +62.2% |
| Contributions | 10/11 | €440,000 | €440,000 | = | 0.0% |
| Reserves | 13 | €44,000 | €44,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,000 | €44,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44,000 | €44,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,269,267 | -€780,609 | +€488,658 | +38.5% |
| Amounts payable | 17/49 | €2,490,572 | €2,082,401 | -€408,170 | -16.4% |
| Amounts payable after more than one year | 17 | €725,348 | €277,116 | -€448,232 | -61.8% |
| Other amounts payable | 178/9 | €725,348 | €277,116 | -€448,232 | -61.8% |
| Amounts payable within one year | 42/48 | €1,735,231 | €1,805,285 | +€70,054 | +4.0% |
| Financial debts | 43 | €35,000 | €36,800 | +€1,800 | +5.1% |
| Credit institutions | 430/8 | €35,000 | €36,800 | +€1,800 | +5.1% |
| Trade debts | 44 | €1,618,731 | €1,761,985 | +€143,254 | +8.8% |
| Suppliers | 440/4 | €1,618,731 | €1,761,985 | +€143,254 | +8.8% |
| Advances received on contracts in progress | 46 | €81,500 | €6,500 | -€75,000 | -92.0% |
| Accrued charges and deferred income | 492/3 | €29,992 | - | -€29,992 | |
| Non-recurring operating income | 76A | €18,614 | €489,131 | +€470,517 | +2527.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120 | €120 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,905 | - | -€22,905 | |
| Non-recurring operating charges | 66A | €1,100 | - | -€1,100 | |
| Gross operating margin | 9900 | €115,083 | €488,842 | +€373,759 | +324.8% |
| Operating profit (loss) | 9901 | €90,958 | €488,722 | +€397,764 | +437.3% |
| Financial income | 75/76B | €106 | €113 | +€7 | +6.7% |
| Recurring financial income | 75 | €106 | €113 | +€7 | +6.7% |
| Financial charges | 65/66B | €341 | €177 | -€164 | -48.1% |
| Recurring financial charges | 65 | €341 | €177 | -€164 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €90,723 | €488,658 | +€397,935 | +438.6% |
| Profit (loss) for the period | 9904 | €90,723 | €488,658 | +€397,935 | +438.6% |
| Profit (loss) for the period to be appropriated | 9905 | €90,723 | €488,658 | +€397,935 | +438.6% |
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 29 September 2026 via checked.be.