Dyco: 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.
Dyco
Largest movements
- Receivables within one year +€2,803
up €2,803 (+175.8%), from €1,594 to €4,397
of which Other amounts receivable: +€2,086
- Cash -€2,521
down €2,521 (-1.9%), from €134,494 to €131,973
mainly Investment in fixed assets (net) (-€13,423) and Receivables within one year (-€2,803)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,983
up €2,983 (+19.1%), from €15,611 to €18,595
- Depreciation +€969
up €969 (+6.9%), from €14,082 to €15,052
- Financial income +€347
up €347 (+281.9%), from €123 to €470
- Taxes +€316
new in 2025: €316
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.
Cash bridge derived
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 | €189,762 | €188,416 | -€1,347 | -0.7% |
| Fixed assets | 21/28 | €53,674 | €52,045 | -€1,628 | -3.0% |
| Intangible fixed assets | 21 | €1,200 | €900 | -€300 | -25.0% |
| Tangible fixed assets | 22/27 | €51,724 | €50,395 | -€1,328 | -2.6% |
| Plant, machinery and equipment | 23 | €8,312 | €10,809 | +€2,498 | +30.0% |
| Furniture and vehicles | 24 | €43,412 | €39,586 | -€3,826 | -8.8% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €136,088 | €136,370 | +€282 | +0.2% |
| Amounts receivable within one year | 40/41 | €1,594 | €4,397 | +€2,803 | +175.8% |
| Trade receivables | 40 | €1,594 | €2,312 | +€718 | +45.0% |
| Other amounts receivable | 41 | - | €2,086 | +€2,086 | |
| Cash at bank and in hand | 54/58 | €134,494 | €131,973 | -€2,521 | -1.9% |
| Total equity and liabilities | 10/49 | €189,762 | €188,416 | -€1,347 | -0.7% |
| Equity | 10/15 | €151,693 | €152,276 | +€583 | +0.4% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Reserves | 13 | €144,993 | €145,576 | +€583 | +0.4% |
| Tax-exempt reserves | 132 | €2,598 | €2,598 | = | 0.0% |
| Distributable reserves | 133 | €142,394 | €142,978 | +€583 | +0.4% |
| Amounts payable | 17/49 | €38,069 | €36,139 | -€1,930 | -5.1% |
| Amounts payable within one year | 42/48 | €38,069 | €36,139 | -€1,930 | -5.1% |
| Trade debts | 44 | €1,115 | - | -€1,115 | |
| Suppliers | 440/4 | €1,115 | - | -€1,115 | |
| Taxes, remuneration and social security | 45 | €6,701 | €7,000 | +€299 | +4.5% |
| Taxes | 450/3 | €701 | - | -€701 | |
| Remuneration and social security | 454/9 | €6,000 | €7,000 | +€1,000 | +16.7% |
| Other amounts payable | 47/48 | €30,253 | €29,139 | -€1,114 | -3.7% |
| Non-recurring operating income | 76A | €9,917 | - | -€9,917 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,082 | €15,052 | +€969 | +6.9% |
| Other operating charges | 640/8 | €286 | €382 | +€96 | +33.6% |
| Gross operating margin | 9900 | €15,611 | €18,595 | +€2,983 | +19.1% |
| Operating profit (loss) | 9901 | €1,243 | €3,161 | +€1,918 | +154.3% |
| Financial income | 75/76B | €123 | €470 | +€347 | +281.9% |
| Recurring financial income | 75 | €123 | €470 | +€347 | +281.9% |
| Financial charges | 65/66B | €153 | €154 | +€0 | +0.3% |
| Recurring financial charges | 65 | €153 | €154 | +€0 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €1,213 | €3,476 | +€2,264 | +186.7% |
| Income taxes | 67/77 | - | €316 | +€316 | |
| Profit (loss) for the period | 9904 | €1,213 | €3,160 | +€1,948 | +160.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,213 | €3,160 | +€1,948 | +160.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.