DIBELLE: 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.
DIBELLE
Largest movements
- Current investments -€75,418
down €75,418 (-86.2%), from €87,472 to €12,054
- Receivables within one year +€61,555
up €61,555 (+508%), from €12,112 to €73,667
of which Trade receivables: +€68,328
- Tangible fixed assets +€11,301
up €11,301 (+9.0%), from €125,082 to €136,383
of which Other tangible fixed assets: +€21,185
- Trade debts +€69,936
up €69,936 (+2,014%), from €3,473 to €73,409
- Other debts -€43,892
down €43,892 (-71.4%), from €61,492 to €17,600
- Reserves -€28,662
down €28,662 (-20.3%), from €141,181 to €112,519
- Debts after one year -€8,452
down €8,452 (-59.1%), from €14,298 to €5,846
- Tax, wage and social debts +€7,910
up €7,910 (+81.8%), from €9,673 to €17,584
of which Taxes: +€5,020
- Gross operating margin +€39,546
up €39,546 (+21.9%), from €180,590 to €220,136
- Staff costs +€13,995
up €13,995 (+11.3%), from €123,446 to €137,441
- Taxes +€5,698
up €5,698 (+68.0%), from €8,383 to €14,081
- Financial charges +€2,582
up €2,582 (+209%), from €1,234 to €3,816
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 | €263,003 | €260,209 | -€2,793 | -1.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €126,534 | €137,218 | +€10,684 | +8.4% |
| Intangible fixed assets | 21 | €1,327 | €711 | -€616 | -46.4% |
| Tangible fixed assets | 22/27 | €125,082 | €136,383 | +€11,301 | +9.0% |
| Land and buildings | 22 | €31,148 | €38,320 | +€7,172 | +23.0% |
| Plant, machinery and equipment | 23 | €49,479 | €42,621 | -€6,858 | -13.9% |
| Furniture and vehicles | 24 | €40,126 | €29,927 | -€10,199 | -25.4% |
| Other tangible fixed assets | 26 | €4,329 | €25,515 | +€21,185 | +489% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €136,469 | €122,991 | -€13,478 | -9.9% |
| Stocks and contracts in progress | 3 | €2,897 | €2,180 | -€718 | -24.8% |
| Stocks | 30/36 | €2,897 | €2,180 | -€718 | -24.8% |
| Amounts receivable within one year | 40/41 | €12,112 | €73,667 | +€61,555 | +508% |
| Trade receivables | 40 | €3,497 | €71,825 | +€68,328 | +1,954% |
| Other amounts receivable | 41 | €8,615 | €1,842 | -€6,773 | -78.6% |
| Current investments | 50/53 | €87,472 | €12,054 | -€75,418 | -86.2% |
| Cash at bank and in hand | 54/58 | €32,282 | €33,836 | +€1,554 | +4.8% |
| Deferred charges and accrued income | 490/1 | €1,706 | €1,253 | -€452 | -26.5% |
| Total equity and liabilities | 10/49 | €263,003 | €260,209 | -€2,793 | -1.1% |
| Equity | 10/15 | €165,981 | €137,319 | -€28,662 | -17.3% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €141,181 | €112,519 | -€28,662 | -20.3% |
| Distributable reserves | 133 | €141,181 | €112,519 | -€28,662 | -20.3% |
| Amounts payable | 17/49 | €97,022 | €122,890 | +€25,869 | +26.7% |
| Amounts payable after more than one year | 17 | €14,298 | €5,846 | -€8,452 | -59.1% |
| Financial debts | 170/4 | €14,298 | €5,846 | -€8,452 | -59.1% |
| Amounts payable within one year | 42/48 | €82,724 | €117,044 | +€34,320 | +41.5% |
| Current portion of amounts payable after more than one year | 42 | €8,085 | €8,452 | +€366 | +4.5% |
| Trade debts | 44 | €3,473 | €73,409 | +€69,936 | +2,014% |
| Suppliers | 440/4 | €3,473 | €73,409 | +€69,936 | +2,014% |
| Taxes, remuneration and social security | 45 | €9,673 | €17,584 | +€7,910 | +81.8% |
| Taxes | 450/3 | €600 | €5,620 | +€5,020 | +837% |
| Remuneration and social security | 454/9 | €9,073 | €11,964 | +€2,890 | +31.9% |
| Other amounts payable | 47/48 | €61,492 | €17,600 | -€43,892 | -71.4% |
| Remuneration, social security and pensions | 62 | €123,446 | €137,441 | +€13,995 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,309 | €25,482 | +€1,173 | +4.8% |
| Other operating charges | 640/8 | €3,156 | €3,204 | +€48 | +1.5% |
| Non-recurring operating charges | 66A | €4,302 | €4,422 | +€121 | +2.8% |
| Gross operating margin | 9900 | €180,590 | €220,136 | +€39,546 | +21.9% |
| Operating profit (loss) | 9901 | €25,377 | €49,587 | +€24,209 | +95.4% |
| Financial income | 75/76B | €813 | €336 | -€478 | -58.7% |
| Recurring financial income | 75 | €813 | €336 | -€478 | -58.7% |
| Financial charges | 65/66B | €1,234 | €3,816 | +€2,582 | +209% |
| Recurring financial charges | 65 | €1,234 | €3,816 | +€2,582 | +209% |
| Profit (loss) for the period before taxes | 9903 | €24,957 | €46,107 | +€21,149 | +84.7% |
| Transfer from deferred taxes | 780 | €318 | - | -€318 | |
| Income taxes | 67/77 | €8,383 | €14,081 | +€5,698 | +68.0% |
| Profit (loss) for the period | 9904 | €16,891 | €32,025 | +€15,134 | +89.6% |
| Transfer from tax-exempt reserves | 789 | €645 | - | -€645 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,536 | €32,025 | +€14,489 | +82.6% |
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 23 October 2026 via checked.be.