DENDICE: what changed
Two fiscal 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.
DENDICE
Largest movements
- Cash -€1,939
down €1,939 (-99.6%), from €1,946 to €7
mainly Net result for the year (-€2,549) and Tax, wage and social debts (-€514)
- Receivables within one year +€384
up €384, from €0 to €384
of which Other amounts receivable: +€384
- Profit (loss) carried forward -€2,549
down €2,549 (-23.8%), from -€10,688 to -€13,237
- Other debts +€1,394
up €1,394 (+39.0%), from €3,578 to €4,972
- Tax, wage and social debts -€514
down €514 (-100.0%), from €514 to €0
- Trade debts +€115
up €115 (+151.7%), from €76 to €190
- Gross operating margin +€3,835
up €3,835 (+61.4%), from -€6,244 to -€2,409
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.
Cash bridge derived
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 | €1,946 | €391 | -€1,555 | -79.9% |
| Current assets | 29/58 | €1,946 | €391 | -€1,555 | -79.9% |
| Amounts receivable within one year | 40/41 | €0 | €384 | +€384 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €384 | +€384 | |
| Cash at bank and in hand | 54/58 | €1,946 | €7 | -€1,939 | -99.6% |
| Total equity and liabilities | 10/49 | €1,946 | €391 | -€1,555 | -79.9% |
| Equity | 10/15 | -€2,221 | -€4,770 | -€2,549 | -114.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,467 | €5,467 | = | 0.0% |
| Distributable reserves | 133 | €5,467 | €5,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,688 | -€13,237 | -€2,549 | -23.8% |
| Amounts payable | 17/49 | €4,168 | €5,162 | +€994 | +23.9% |
| Amounts payable within one year | 42/48 | €4,168 | €5,162 | +€994 | +23.9% |
| Trade debts | 44 | €76 | €190 | +€115 | +151.7% |
| Suppliers | 440/4 | €76 | €190 | +€115 | +151.7% |
| Taxes, remuneration and social security | 45 | €514 | €0 | -€514 | -100.0% |
| Taxes | 450/3 | €514 | €0 | -€514 | -100.0% |
| Other amounts payable | 47/48 | €3,578 | €4,972 | +€1,394 | +39.0% |
| Gross operating margin | 9900 | -€6,244 | -€2,409 | +€3,835 | +61.4% |
| Operating profit (loss) | 9901 | -€6,244 | -€2,409 | +€3,835 | +61.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €141 | €140 | -€1 | -0.7% |
| Recurring financial charges | 65 | €141 | €140 | -€1 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,385 | -€2,549 | +€3,836 | +60.1% |
| Profit (loss) for the period | 9904 | -€6,385 | -€2,549 | +€3,836 | +60.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,385 | -€2,549 | +€3,836 | +60.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.