DE DYN: 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.
DE DYN
Largest movements
- Receivables within one year +€67,578
up €67,578 (+243%), from €27,819 to €95,397
of which Trade receivables: +€75,396
- Cash +€47,599
up €47,599 (+78.0%), from €61,060 to €108,659
mainly Trade debts (+€61,395) and Net result for the year (+€47,180)
- Stocks and contracts +€22,285
up €22,285 (+707%), from €3,151 to €25,436
- Tangible fixed assets -€8,298
down €8,298 (-76.7%), from €10,816 to €2,518
of which Furniture and vehicles: -€7,528
- Reserves +€71,756
up €71,756 (+162%), from €44,255 to €116,011
- Trade debts +€61,395
up €61,395 (+620%), from €9,899 to €71,294
- Tax, wage and social debts +€34,429
up €34,429 (+415%), from €8,297 to €42,725
of which Taxes: +€27,285
- Profit (loss) carried forward -€24,576
down €24,576 (-100%), from €24,576 to €0
- Other debts -€16,890
down €16,890 (-58.6%), from €28,840 to €11,949
- Gross operating margin +€88,113
up €88,113 (+134%), from €65,965 to €154,079
- Taxes +€26,710
up €26,710 (+2,408%), from €1,109 to €27,819
- Staff costs +€20,055
up €20,055 (+44.1%), from €45,436 to €65,491
- Depreciation -€3,499
down €3,499 (-37.6%), from €9,292 to €5,794
- Other operating charges +€3,065
up €3,065 (+150%), from €2,049 to €5,114
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 | €122,067 | €248,180 | +€126,113 | +103% |
| Fixed assets | 21/28 | €28,985 | €18,687 | -€10,298 | -35.5% |
| Intangible fixed assets | 21 | €18,169 | €16,169 | -€2,000 | -11.0% |
| Tangible fixed assets | 22/27 | €10,816 | €2,518 | -€8,298 | -76.7% |
| Land and buildings | 22 | €1,520 | €1,140 | -€380 | -25.0% |
| Plant, machinery and equipment | 23 | €1,768 | €1,378 | -€390 | -22.0% |
| Furniture and vehicles | 24 | €7,528 | €0 | -€7,528 | -100% |
| Current assets | 29/58 | €93,082 | €229,493 | +€136,410 | +147% |
| Stocks and contracts in progress | 3 | €3,151 | €25,436 | +€22,285 | +707% |
| Stocks | 30/36 | €3,151 | €25,436 | +€22,285 | +707% |
| Amounts receivable within one year | 40/41 | €27,819 | €95,397 | +€67,578 | +243% |
| Trade receivables | 40 | €14,061 | €89,457 | +€75,396 | +536% |
| Other amounts receivable | 41 | €13,758 | €5,941 | -€7,818 | -56.8% |
| Cash at bank and in hand | 54/58 | €61,060 | €108,659 | +€47,599 | +78.0% |
| Deferred charges and accrued income | 490/1 | €1,052 | €0 | -€1,052 | -100% |
| Total equity and liabilities | 10/49 | €122,067 | €248,180 | +€126,113 | +103% |
| Equity | 10/15 | €75,032 | €122,211 | +€47,180 | +62.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,255 | €116,011 | +€71,756 | +162% |
| Distributable reserves | 133 | €44,255 | €116,011 | +€71,756 | +162% |
| Profit (loss) carried forward | 14 | €24,576 | €0 | -€24,576 | -100% |
| Amounts payable | 17/49 | €47,036 | €125,969 | +€78,933 | +168% |
| Amounts payable within one year | 42/48 | €47,036 | €125,969 | +€78,933 | +168% |
| Trade debts | 44 | €9,899 | €71,294 | +€61,395 | +620% |
| Suppliers | 440/4 | €9,899 | €71,294 | +€61,395 | +620% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,297 | €42,725 | +€34,429 | +415% |
| Taxes | 450/3 | €8,297 | €35,582 | +€27,285 | +329% |
| Remuneration and social security | 454/9 | - | €7,143 | +€7,143 | |
| Other amounts payable | 47/48 | €28,840 | €11,949 | -€16,890 | -58.6% |
| Remuneration, social security and pensions | 62 | €45,436 | €65,491 | +€20,055 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,292 | €5,794 | -€3,499 | -37.6% |
| Other operating charges | 640/8 | €2,049 | €5,114 | +€3,065 | +150% |
| Gross operating margin | 9900 | €65,965 | €154,079 | +€88,113 | +134% |
| Operating profit (loss) | 9901 | €9,188 | €77,680 | +€68,492 | +745% |
| Financial income | 75/76B | €197 | €57 | -€140 | -71.0% |
| Recurring financial income | 75 | €197 | €57 | -€140 | -71.0% |
| Financial charges | 65/66B | €598 | €2,738 | +€2,139 | +358% |
| Recurring financial charges | 65 | €598 | €2,738 | +€2,139 | +358% |
| Profit (loss) for the period before taxes | 9903 | €8,787 | €74,999 | +€66,213 | +754% |
| Income taxes | 67/77 | €1,109 | €27,819 | +€26,710 | +2,408% |
| Profit (loss) for the period | 9904 | €7,677 | €47,180 | +€39,502 | +515% |
| Profit (loss) for the period to be appropriated | 9905 | €7,677 | €47,180 | +€39,502 | +515% |
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 13 October 2026 via checked.be.