DINACT: 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.
DINACT
Largest movements
- Tangible fixed assets +€42,033
up €42,033 (+7.2%), from €583,960 to €625,993
of which Plant, machinery and equipment: +€29,157
- Cash +€11,989
up €11,989 (+18.1%), from €66,157 to €78,146
mainly Depreciation (+€50,184) and Net result for the year (+€40,018)
- Reserves +€40,018
up €40,018 (+18.1%), from €221,162 to €261,180
- Other debts -€22,710
down €22,710 (-23.2%), from €97,938 to €75,228
- Tax, wage and social debts +€18,870
up €18,870 (+81.7%), from €23,096 to €41,966
of which Remuneration and social security: +€11,537
- Current portion of long-term debt +€15,923
up €15,923 (+51.6%), from €30,885 to €46,808
- Trade debts -€9,332
down €9,332 (-27.7%), from €33,715 to €24,383
- Gross operating margin +€55,153
up €55,153 (+24.9%), from €221,817 to €276,970
- Staff costs +€35,909
up €35,909 (+28.6%), from €125,364 to €161,273
- Financial charges -€7,327
down €7,327 (-37.1%), from €19,747 to €12,420
- Depreciation +€6,374
up €6,374 (+14.5%), from €43,810 to €50,184
- Taxes +€5,000
up €5,000 (+91.0%), from €5,492 to €10,493
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 | €709,034 | €758,683 | +€49,649 | +7.0% |
| Fixed assets | 21/28 | €583,960 | €625,993 | +€42,033 | +7.2% |
| Tangible fixed assets | 22/27 | €583,960 | €625,993 | +€42,033 | +7.2% |
| Land and buildings | 22 | €527,382 | €513,871 | -€13,511 | -2.6% |
| Plant, machinery and equipment | 23 | €24,103 | €53,260 | +€29,157 | +121.0% |
| Furniture and vehicles | 24 | €11,329 | €9,932 | -€1,396 | -12.3% |
| Other tangible fixed assets | 26 | €21,146 | €48,930 | +€27,784 | +131.4% |
| Current assets | 29/58 | €125,074 | €132,690 | +€7,615 | +6.1% |
| Stocks and contracts in progress | 3 | €15,799 | €10,119 | -€5,681 | -36.0% |
| Stocks | 30/36 | €15,799 | €10,119 | -€5,681 | -36.0% |
| Amounts receivable within one year | 40/41 | €40,087 | €39,497 | -€590 | -1.5% |
| Trade receivables | 40 | €10,201 | €12,734 | +€2,533 | +24.8% |
| Other amounts receivable | 41 | €29,887 | €26,764 | -€3,123 | -10.4% |
| Cash at bank and in hand | 54/58 | €66,157 | €78,146 | +€11,989 | +18.1% |
| Deferred charges and accrued income | 490/1 | €3,031 | €4,928 | +€1,897 | +62.6% |
| Total equity and liabilities | 10/49 | €709,034 | €758,683 | +€49,649 | +7.0% |
| Equity | 10/15 | €241,162 | €281,180 | +€40,018 | +16.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €221,162 | €261,180 | +€40,018 | +18.1% |
| Distributable reserves | 133 | €221,162 | €261,180 | +€40,018 | +18.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €467,873 | €477,503 | +€9,630 | +2.1% |
| Amounts payable after more than one year | 17 | €282,157 | €289,082 | +€6,925 | +2.5% |
| Financial debts | 170/4 | €282,157 | €289,082 | +€6,925 | +2.5% |
| Amounts payable within one year | 42/48 | €185,633 | €188,384 | +€2,751 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €30,885 | €46,808 | +€15,923 | +51.6% |
| Trade debts | 44 | €33,715 | €24,383 | -€9,332 | -27.7% |
| Suppliers | 440/4 | €33,715 | €24,383 | -€9,332 | -27.7% |
| Taxes, remuneration and social security | 45 | €23,096 | €41,966 | +€18,870 | +81.7% |
| Taxes | 450/3 | €2,542 | €9,874 | +€7,333 | +288.5% |
| Remuneration and social security | 454/9 | €20,554 | €32,091 | +€11,537 | +56.1% |
| Other amounts payable | 47/48 | €97,938 | €75,228 | -€22,710 | -23.2% |
| Accrued charges and deferred income | 492/3 | €82 | €36 | -€46 | -56.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €125,364 | €161,273 | +€35,909 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,810 | €50,184 | +€6,374 | +14.5% |
| Other operating charges | 640/8 | €2,161 | €2,856 | +€695 | +32.1% |
| Gross operating margin | 9900 | €221,817 | €276,970 | +€55,153 | +24.9% |
| Operating profit (loss) | 9901 | €50,481 | €62,657 | +€12,175 | +24.1% |
| Financial income | 75/76B | €104 | €275 | +€171 | +165.3% |
| Recurring financial income | 75 | €104 | €275 | +€171 | +165.3% |
| Financial charges | 65/66B | €19,747 | €12,420 | -€7,327 | -37.1% |
| Recurring financial charges | 65 | €19,747 | €12,420 | -€7,327 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €30,838 | €50,511 | +€19,673 | +63.8% |
| Income taxes | 67/77 | €5,492 | €10,493 | +€5,000 | +91.0% |
| Profit (loss) for the period | 9904 | €25,346 | €40,018 | +€14,673 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,346 | €40,018 | +€14,673 | +57.9% |
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 12 October 2026 via checked.be.