MODESHOP DIBRANI: 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.
MODESHOP DIBRANI
Largest movements
- Receivables within one year +€72,500
up €72,500, from €0 to €72,500
- Stocks and contracts -€42,993
down €42,993 (-90.3%), from €47,624 to €4,632
- Cash -€9,530
down €9,530 (-36.1%), from €26,415 to €16,885
mainly Receivables within one year (-€72,500) and Investment in fixed assets (net) (-€728)
- Tangible fixed assets -€1,613
down €1,613 (-14.2%), from €11,392 to €9,779
- Deferred charges and accrued income -€1,500
down €1,500 (-100%), from €1,500 to €0
- Other debts +€15,677
up €15,677 (+39.2%), from €39,952 to €55,629
- Tax, wage and social debts +€1,274
up €1,274 (+47.6%), from €2,679 to €3,952
of which Remuneration and social security: +€1,500
- Gross operating margin +€1,091
up €1,091 (+11.9%), from €9,144 to €10,235
- Depreciation -€1,059
down €1,059 (-31.1%), from €3,400 to €2,341
- Taxes +€293
up €293 (+66.4%), from €442 to €735
- Financial income +€119
up €119, from €0 to €119
- Other operating charges +€108
up €108 (+2.0%), from €5,381 to €5,488
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 | €86,932 | €103,797 | +€16,864 | +19.4% |
| Fixed assets | 21/28 | €11,392 | €9,779 | -€1,613 | -14.2% |
| Tangible fixed assets | 22/27 | €11,392 | €9,779 | -€1,613 | -14.2% |
| Furniture and vehicles | 24 | €11,392 | €9,779 | -€1,613 | -14.2% |
| Current assets | 29/58 | €75,540 | €94,017 | +€18,478 | +24.5% |
| Stocks and contracts in progress | 3 | €47,624 | €4,632 | -€42,993 | -90.3% |
| Stocks | 30/36 | €47,624 | €4,632 | -€42,993 | -90.3% |
| Amounts receivable within one year | 40/41 | €0 | €72,500 | +€72,500 | |
| Trade receivables | 40 | €0 | €72,500 | +€72,500 | |
| Cash at bank and in hand | 54/58 | €26,415 | €16,885 | -€9,530 | -36.1% |
| Deferred charges and accrued income | 490/1 | €1,500 | €0 | -€1,500 | -100% |
| Total equity and liabilities | 10/49 | €86,932 | €103,797 | +€16,864 | +19.4% |
| Equity | 10/15 | €8,990 | €8,379 | -€611 | -6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,610 | -€10,221 | -€611 | -6.4% |
| Amounts payable | 17/49 | €77,942 | €95,417 | +€17,475 | +22.4% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Financial debts | 170/4 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,942 | €60,417 | +€17,475 | +40.7% |
| Trade debts | 44 | €312 | €836 | +€524 | +168% |
| Suppliers | 440/4 | €312 | €836 | +€524 | +168% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,679 | €3,952 | +€1,274 | +47.6% |
| Taxes | 450/3 | €2,679 | €2,452 | -€226 | -8.4% |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €39,952 | €55,629 | +€15,677 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €2,341 | -€1,059 | -31.1% |
| Other operating charges | 640/8 | €5,381 | €5,488 | +€108 | +2.0% |
| Non-recurring operating charges | 66A | €0 | €2,260 | +€2,260 | |
| Gross operating margin | 9900 | €9,144 | €10,235 | +€1,091 | +11.9% |
| Operating profit (loss) | 9901 | €363 | €145 | -€218 | -60.0% |
| Financial income | 75/76B | €0 | €119 | +€119 | |
| Recurring financial income | 75 | €0 | €119 | +€119 | |
| Financial charges | 65/66B | €185 | €139 | -€45 | -24.4% |
| Recurring financial charges | 65 | €185 | €139 | -€45 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €179 | €125 | -€54 | -30.2% |
| Income taxes | 67/77 | €442 | €735 | +€293 | +66.4% |
| Profit (loss) for the period | 9904 | -€263 | -€611 | -€347 | -132% |
| Profit (loss) for the period to be appropriated | 9905 | -€263 | -€611 | -€347 | -132% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.