KOEN DILEN: 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.
KOEN DILEN
Largest movements
- Current investments +€250,000
new in 2025: €250,000
- Cash -€125,154
down €125,154 (-25.3%), from €494,748 to €369,594
mainly Current investments (-€250,000) and Tax, wage and social debts (-€30,698)
- Tangible fixed assets -€34,591
down €34,591 (-18.6%), from €185,705 to €151,113
- Receivables within one year -€12,314
down €12,314 (-86.2%), from €14,279 to €1,965
of which Other amounts receivable: -€6,554
- Deferred charges and accrued income +€8,740
up €8,740 (+319%), from €2,736 to €11,476
- Reserves +€107,158
up €107,158 (+16.0%), from €669,240 to €776,398
of which Distributable reserves: +€107,158
- Tax, wage and social debts -€30,698
down €30,698 (-43.6%), from €70,390 to €39,691
of which Remuneration and social security: -€16,910
- Trade debts +€9,625
up €9,625 (+51.5%), from €18,696 to €28,320
- Gross operating margin -€13,477
down €13,477 (-2.2%), from €604,199 to €590,722
- Depreciation +€7,611
up €7,611 (+19.0%), from €40,106 to €47,716
- Taxes -€6,621
down €6,621 (-11.7%), from €56,820 to €50,199
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 | €770,755 | €859,306 | +€88,551 | +11.5% |
| Fixed assets | 21/28 | €234,076 | €199,485 | -€34,591 | -14.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €185,705 | €151,113 | -€34,591 | -18.6% |
| Land and buildings | 22 | €31,370 | €27,077 | -€4,293 | -13.7% |
| Plant, machinery and equipment | 23 | €60,535 | €44,378 | -€16,157 | -26.7% |
| Furniture and vehicles | 24 | €93,800 | €79,658 | -€14,142 | -15.1% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €48,372 | €48,372 | = | 0.0% |
| Current assets | 29/58 | €536,678 | €659,821 | +€123,143 | +22.9% |
| Stocks and contracts in progress | 3 | €24,916 | €26,785 | +€1,870 | +7.5% |
| Stocks | 30/36 | €24,916 | €26,785 | +€1,870 | +7.5% |
| Amounts receivable within one year | 40/41 | €14,279 | €1,965 | -€12,314 | -86.2% |
| Trade receivables | 40 | €7,487 | €1,728 | -€5,759 | -76.9% |
| Other amounts receivable | 41 | €6,792 | €238 | -€6,554 | -96.5% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €494,748 | €369,594 | -€125,154 | -25.3% |
| Deferred charges and accrued income | 490/1 | €2,736 | €11,476 | +€8,740 | +319% |
| Total equity and liabilities | 10/49 | €770,755 | €859,306 | +€88,551 | +11.5% |
| Equity | 10/15 | €681,640 | €788,798 | +€107,158 | +15.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €669,240 | €776,398 | +€107,158 | +16.0% |
| Tax-exempt reserves | 132 | €32,861 | €32,861 | = | 0.0% |
| Distributable reserves | 133 | €636,378 | €743,536 | +€107,158 | +16.8% |
| Amounts payable | 17/49 | €89,115 | €70,508 | -€18,607 | -20.9% |
| Amounts payable within one year | 42/48 | €89,085 | €70,508 | -€18,577 | -20.9% |
| Trade debts | 44 | €18,696 | €28,320 | +€9,625 | +51.5% |
| Suppliers | 440/4 | €18,696 | €28,320 | +€9,625 | +51.5% |
| Taxes, remuneration and social security | 45 | €70,390 | €39,691 | -€30,698 | -43.6% |
| Taxes | 450/3 | €19,369 | €5,582 | -€13,788 | -71.2% |
| Remuneration and social security | 454/9 | €51,020 | €34,110 | -€16,910 | -33.1% |
| Other amounts payable | 47/48 | - | €2,497 | +€2,497 | |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Non-recurring operating income | 76A | €14,027 | - | -€14,027 | |
| Remuneration, social security and pensions | 62 | €363,831 | €367,646 | +€3,815 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,106 | €47,716 | +€7,611 | +19.0% |
| Other operating charges | 640/8 | €4,101 | €4,317 | +€215 | +5.3% |
| Gross operating margin | 9900 | €604,199 | €590,722 | -€13,477 | -2.2% |
| Operating profit (loss) | 9901 | €196,160 | €171,043 | -€25,118 | -12.8% |
| Financial income | 75/76B | €1,015 | €764 | -€251 | -24.7% |
| Recurring financial income | 75 | €1,015 | €764 | -€251 | -24.7% |
| Financial charges | 65/66B | €683 | €1,640 | +€958 | +140% |
| Recurring financial charges | 65 | €683 | €1,640 | +€958 | +140% |
| Profit (loss) for the period before taxes | 9903 | €196,493 | €170,166 | -€26,326 | -13.4% |
| Income taxes | 67/77 | €56,820 | €50,199 | -€6,621 | -11.7% |
| Profit (loss) for the period | 9904 | €139,673 | €119,968 | -€19,705 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €139,673 | €119,968 | -€19,705 | -14.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.