F. DIMIDSCHSTEIN: 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.
F. DIMIDSCHSTEIN
Largest movements
- Cash -€370,133
down €370,133 (-65.7%), from €563,746 to €193,613
mainly Other debts (-€279,000) and Receivables within one year (-€139,505)
- Receivables within one year +€139,505
up €139,505 (+518.3%), from €26,916 to €166,421
of which Other amounts receivable: +€116,168
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€11,802
down €11,802 (-2.7%), from €430,646 to €418,844
of which Land and buildings: -€8,554
- Other debts -€279,000
no longer reported in 2025 (was €279,000)
- Profit (loss) carried forward -€15,399
down €15,399 (-6.4%), from €239,892 to €224,493
- Financial income -€11,739
down €11,739 (-55.1%), from €21,285 to €9,546
- Gross operating margin -€6,676
down €6,676, from €1,399 to -€5,277
- Taxes +€1,698
up €1,698, from -€1,277 to €421
- Depreciation -€1,606
down €1,606 (-9.6%), from €16,718 to €15,112
- Other operating charges -€835
down €835 (-18.1%), from €4,622 to €3,787
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 | €1,086,729 | €792,802 | -€293,928 | -27.0% |
| Fixed assets | 21/28 | €440,246 | €428,444 | -€11,802 | -2.7% |
| Tangible fixed assets | 22/27 | €430,646 | €418,844 | -€11,802 | -2.7% |
| Land and buildings | 22 | €416,254 | €407,700 | -€8,554 | -2.1% |
| Plant, machinery and equipment | 23 | €1,890 | €1,651 | -€239 | -12.6% |
| Furniture and vehicles | 24 | €12,502 | €9,492 | -€3,010 | -24.1% |
| Financial fixed assets | 28 | €9,600 | €9,600 | = | 0.0% |
| Current assets | 29/58 | €646,484 | €364,358 | -€282,126 | -43.6% |
| Amounts receivable within one year | 40/41 | €26,916 | €166,421 | +€139,505 | +518.3% |
| Trade receivables | 40 | €5,344 | €28,680 | +€23,337 | +436.7% |
| Other amounts receivable | 41 | €21,572 | €137,740 | +€116,168 | +538.5% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €563,746 | €193,613 | -€370,133 | -65.7% |
| Deferred charges and accrued income | 490/1 | €5,822 | €4,324 | -€1,497 | -25.7% |
| Total equity and liabilities | 10/49 | €1,086,729 | €792,802 | -€293,928 | -27.0% |
| Equity | 10/15 | €787,001 | €771,602 | -€15,399 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €528,509 | €528,509 | = | 0.0% |
| Distributable reserves | 133 | €528,509 | €528,509 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,892 | €224,493 | -€15,399 | -6.4% |
| Amounts payable | 17/49 | €299,729 | €21,200 | -€278,529 | -92.9% |
| Amounts payable within one year | 42/48 | €299,729 | €21,200 | -€278,529 | -92.9% |
| Trade debts | 44 | €17,480 | €9,141 | -€8,339 | -47.7% |
| Suppliers | 440/4 | €17,480 | €9,141 | -€8,339 | -47.7% |
| Taxes, remuneration and social security | 45 | €3,248 | €12,059 | +€8,811 | +271.2% |
| Taxes | 450/3 | €3,248 | €9,130 | +€5,882 | +181.1% |
| Remuneration and social security | 454/9 | - | €2,929 | +€2,929 | |
| Other amounts payable | 47/48 | €279,000 | - | -€279,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,718 | €15,112 | -€1,606 | -9.6% |
| Other operating charges | 640/8 | €4,622 | €3,787 | -€835 | -18.1% |
| Gross operating margin | 9900 | €1,399 | -€5,277 | -€6,676 | |
| Operating profit (loss) | 9901 | -€19,940 | -€24,175 | -€4,235 | -21.2% |
| Financial income | 75/76B | €21,285 | €9,546 | -€11,739 | -55.1% |
| Recurring financial income | 75 | €21,285 | €9,546 | -€11,739 | -55.1% |
| Financial charges | 65/66B | €256 | €349 | +€93 | +36.5% |
| Recurring financial charges | 65 | €256 | €349 | +€93 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €1,089 | -€14,978 | -€16,068 | |
| Income taxes | 67/77 | -€1,277 | €421 | +€1,698 | |
| Profit (loss) for the period | 9904 | €2,367 | -€15,399 | -€17,766 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,367 | -€15,399 | -€17,766 |
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.