DGN PAINTING: what changed
DGN PAINTING
Largest movements
- Receivables within one year -€15,066
down €15,066 (-34.1%), from €44,143 to €29,078
of which Trade receivables: -€14,226
- Cash +€12,470
up €12,470 (+207%), from €6,026 to €18,496
mainly Net result for the year (+€16,635) and Receivables within one year (+€15,066)
- Tangible fixed assets +€1,560
up €1,560 (+28.6%), from €5,448 to €7,008
of which Plant, machinery and equipment: +€810
- Formation expenses -€770
down €770 (-40.7%), from €1,893 to €1,123
- Trade debts -€25,068
down €25,068 (-77.5%), from €32,335 to €7,267
- Reserves +€16,635
up €16,635 (+109%), from €15,269 to €31,904
- Tax, wage and social debts +€6,774
up €6,774 (+184%), from €3,679 to €10,453
- Gross operating margin +€14,802
up €14,802 (+89.0%), from €16,627 to €31,429
- Taxes +€4,077
up €4,077 (+158%), from €2,580 to €6,657
- Financial charges -€1,930
down €1,930 (-55.3%), from €3,491 to €1,561
- Staff costs +€1,764
up €1,764, from €0 to €1,764
- Other operating charges -€1,213
down €1,213 (-42.6%), from €2,850 to €1,637
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,289 | €56,716 | -€1,573 | -2.7% |
| Formation expenses | 20 | €1,893 | €1,123 | -€770 | -40.7% |
| Fixed assets | 21/28 | €5,448 | €7,008 | +€1,560 | +28.6% |
| Tangible fixed assets | 22/27 | €5,448 | €7,008 | +€1,560 | +28.6% |
| Plant, machinery and equipment | 23 | €2,874 | €3,684 | +€810 | +28.2% |
| Furniture and vehicles | 24 | €2,574 | €3,324 | +€750 | +29.1% |
| Current assets | 29/58 | €50,949 | €48,585 | -€2,364 | -4.6% |
| Amounts receivable within one year | 40/41 | €44,143 | €29,078 | -€15,066 | -34.1% |
| Trade receivables | 40 | €27,770 | €13,544 | -€14,226 | -51.2% |
| Other amounts receivable | 41 | €16,373 | €15,534 | -€839 | -5.1% |
| Cash at bank and in hand | 54/58 | €6,026 | €18,496 | +€12,470 | +207% |
| Deferred charges and accrued income | 490/1 | €779 | €1,011 | +€232 | +29.8% |
| Total equity and liabilities | 10/49 | €58,289 | €56,716 | -€1,573 | -2.7% |
| Equity | 10/15 | €22,275 | €38,911 | +€16,635 | +74.7% |
| Contributions | 10/11 | €7,006 | €7,006 | = | 0.0% |
| Reserves | 13 | €15,269 | €31,904 | +€16,635 | +109% |
| Distributable reserves | 133 | €15,269 | €31,904 | +€16,635 | +109% |
| Amounts payable | 17/49 | €36,014 | €17,805 | -€18,209 | -50.6% |
| Amounts payable within one year | 42/48 | €36,014 | €17,719 | -€18,294 | -50.8% |
| Trade debts | 44 | €32,335 | €7,267 | -€25,068 | -77.5% |
| Suppliers | 440/4 | €32,335 | €7,267 | -€25,068 | -77.5% |
| Taxes, remuneration and social security | 45 | €3,679 | €10,453 | +€6,774 | +184% |
| Taxes | 450/3 | €3,679 | €10,453 | +€6,774 | +184% |
| Accrued charges and deferred income | 492/3 | - | €86 | +€86 | |
| Remuneration, social security and pensions | 62 | €0 | €1,764 | +€1,764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,881 | €3,246 | +€365 | +12.7% |
| Other operating charges | 640/8 | €2,850 | €1,637 | -€1,213 | -42.6% |
| Non-recurring operating charges | 66A | - | €519 | +€519 | |
| Gross operating margin | 9900 | €16,627 | €31,429 | +€14,802 | +89.0% |
| Operating profit (loss) | 9901 | €10,897 | €24,264 | +€13,367 | +123% |
| Financial income | 75/76B | €628 | €589 | -€39 | -6.3% |
| Recurring financial income | 75 | €628 | €589 | -€39 | -6.3% |
| Financial charges | 65/66B | €3,491 | €1,561 | -€1,930 | -55.3% |
| Recurring financial charges | 65 | €3,491 | €1,561 | -€1,930 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €8,034 | €23,292 | +€15,258 | +190% |
| Income taxes | 67/77 | €2,580 | €6,657 | +€4,077 | +158% |
| Profit (loss) for the period | 9904 | €5,454 | €16,635 | +€11,181 | +205% |
| Profit (loss) for the period to be appropriated | 9905 | €5,454 | €16,635 | +€11,181 | +205% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.