Katrien Dirkx: 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.
Katrien Dirkx
Largest movements
- Cash +€24,575
up €24,575 (+936%), from €2,626 to €27,201
mainly Net result for the year (+€26,841) and Tax, wage and social debts (+€10,382)
- Receivables after one year +€9,075
up €9,075 (+10.1%), from €89,671 to €98,746
- Deferred charges and accrued income +€3,696
up €3,696 (+1,011%), from €366 to €4,062
- Reserves +€26,841
up €26,841 (+46.5%), from €57,780 to €84,621
of which Distributable reserves: +€26,841
- Tax, wage and social debts +€10,382
up €10,382 (+144%), from €7,216 to €17,598
- Gross operating margin +€29,040
up €29,040 (+219%), from €13,257 to €42,297
- Taxes +€9,893
up €9,893 (+262%), from €3,782 to €13,675
- Other operating charges +€456
up €456 (+40.0%), from €1,142 to €1,598
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 | €96,825 | €133,038 | +€36,212 | +37.4% |
| Current assets | 29/58 | €96,825 | €133,038 | +€36,212 | +37.4% |
| Amounts receivable after more than one year | 29 | €89,671 | €98,746 | +€9,075 | +10.1% |
| Other amounts receivable | 291 | €89,671 | €98,746 | +€9,075 | +10.1% |
| Amounts receivable within one year | 40/41 | €4,162 | €3,028 | -€1,134 | -27.2% |
| Trade receivables | 40 | €4,162 | €3,028 | -€1,134 | -27.2% |
| Cash at bank and in hand | 54/58 | €2,626 | €27,201 | +€24,575 | +936% |
| Deferred charges and accrued income | 490/1 | €366 | €4,062 | +€3,696 | +1,011% |
| Total equity and liabilities | 10/49 | €96,825 | €133,038 | +€36,212 | +37.4% |
| Equity | 10/15 | €70,180 | €97,021 | +€26,841 | +38.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €57,780 | €84,621 | +€26,841 | +46.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €57,780 | €84,621 | +€26,841 | +46.5% |
| Amounts payable | 17/49 | €26,645 | €36,017 | +€9,372 | +35.2% |
| Amounts payable after more than one year | 17 | €17,892 | €17,892 | = | 0.0% |
| Financial debts | 170/4 | €17,892 | €17,892 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,753 | €18,125 | +€9,372 | +107% |
| Trade debts | 44 | €1,537 | €527 | -€1,010 | -65.7% |
| Suppliers | 440/4 | €1,537 | €527 | -€1,010 | -65.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,216 | €17,598 | +€10,382 | +144% |
| Taxes | 450/3 | €7,216 | €17,598 | +€10,382 | +144% |
| Non-recurring operating income | 76A | - | €7,000 | +€7,000 | |
| Other operating charges | 640/8 | €1,142 | €1,598 | +€456 | +40.0% |
| Gross operating margin | 9900 | €13,257 | €42,297 | +€29,040 | +219% |
| Operating profit (loss) | 9901 | €12,115 | €40,698 | +€28,584 | +236% |
| Financial income | 75/76B | €111 | €0 | -€111 | -100.0% |
| Recurring financial income | 75 | €111 | €0 | -€111 | -100.0% |
| Financial charges | 65/66B | €206 | €183 | -€23 | -11.2% |
| Recurring financial charges | 65 | €206 | €183 | -€23 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €12,019 | €40,515 | +€28,496 | +237% |
| Income taxes | 67/77 | €3,782 | €13,675 | +€9,893 | +262% |
| Profit (loss) for the period | 9904 | €8,238 | €26,841 | +€18,603 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €8,238 | €26,841 | +€18,603 | +226% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.