DINANT AVENTURE: 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.
DINANT AVENTURE
Largest movements
- Receivables after one year +€24,867
up €24,867 (+58.5%), from €42,500 to €67,367
of which Other amounts receivable: +€30,347
- Intangible fixed assets -€15,000
down €15,000 (-33.3%), from €45,000 to €30,000
- Tangible fixed assets -€11,520
down €11,520 (-7.0%), from €164,818 to €153,298
- Cash -€3,973
down €3,973 (-18.3%), from €21,658 to €17,684
mainly Other debts (-€27,203) and Receivables after one year (-€24,867)
- Profit (loss) carried forward +€45,586
up €45,586 (+112%), from €40,775 to €86,361
- Other debts -€27,203
down €27,203 (-18.7%), from €145,250 to €118,047
- Current portion of long-term debt -€22,344
no longer reported in 2025 (was €22,344)
- Depreciation -€31,812
down €31,812 (-55.6%), from €57,218 to €25,405
- Staff costs +€12,749
up €12,749 (+25.5%), from €49,920 to €62,669
- Financial income -€9,295
down €9,295 (-87.6%), from €10,607 to €1,313
of which Non-recurring financial income: -€10,599
- Gross operating margin +€1,441
up €1,441 (+1.1%), from €133,892 to €135,332
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 | €274,200 | €268,711 | -€5,489 | -2.0% |
| Fixed assets | 21/28 | €210,043 | €183,523 | -€26,520 | -12.6% |
| Intangible fixed assets | 21 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Tangible fixed assets | 22/27 | €164,818 | €153,298 | -€11,520 | -7.0% |
| Land and buildings | 22 | €164,818 | €153,298 | -€11,520 | -7.0% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €64,157 | €85,188 | +€21,031 | +32.8% |
| Amounts receivable after more than one year | 29 | €42,500 | €67,367 | +€24,867 | +58.5% |
| Trade receivables | 290 | €33,572 | €28,092 | -€5,480 | -16.3% |
| Other amounts receivable | 291 | €8,928 | €39,275 | +€30,347 | +340% |
| Cash at bank and in hand | 54/58 | €21,658 | €17,684 | -€3,973 | -18.3% |
| Deferred charges and accrued income | 490/1 | - | €137 | +€137 | |
| Total equity and liabilities | 10/49 | €274,200 | €268,711 | -€5,489 | -2.0% |
| Equity | 10/15 | €95,365 | €140,951 | +€45,586 | +47.8% |
| Contributions | 10/11 | €54,590 | €54,590 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,775 | €86,361 | +€45,586 | +112% |
| Amounts payable | 17/49 | €178,835 | €127,760 | -€51,075 | -28.6% |
| Amounts payable within one year | 42/48 | €178,835 | €127,760 | -€51,075 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €22,344 | - | -€22,344 | |
| Trade debts | 44 | €3,337 | €1,551 | -€1,787 | -53.5% |
| Suppliers | 440/4 | €3,337 | €1,551 | -€1,787 | -53.5% |
| Taxes, remuneration and social security | 45 | €7,903 | €8,162 | +€259 | +3.3% |
| Taxes | 450/3 | - | €142 | +€142 | |
| Remuneration and social security | 454/9 | €7,903 | €8,020 | +€117 | +1.5% |
| Other amounts payable | 47/48 | €145,250 | €118,047 | -€27,203 | -18.7% |
| Remuneration, social security and pensions | 62 | €49,920 | €62,669 | +€12,749 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,218 | €25,405 | -€31,812 | -55.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,115 | +€1,115 | |
| Other operating charges | 640/8 | €968 | €996 | +€27 | +2.8% |
| Gross operating margin | 9900 | €133,892 | €135,332 | +€1,441 | +1.1% |
| Operating profit (loss) | 9901 | €25,786 | €45,147 | +€19,361 | +75.1% |
| Financial income | 75/76B | €10,607 | €1,313 | -€9,295 | -87.6% |
| Recurring financial income | 75 | €8 | €1,313 | +€1,304 | +15,584% |
| Non-recurring financial income | 76B | €10,599 | - | -€10,599 | |
| Financial charges | 65/66B | €911 | €872 | -€40 | -4.4% |
| Recurring financial charges | 65 | €911 | €614 | -€298 | -32.7% |
| Non-recurring financial charges | 66B | - | €258 | +€258 | |
| Profit (loss) for the period before taxes | 9903 | €35,482 | €45,588 | +€10,106 | +28.5% |
| Income taxes | 67/77 | €3 | €2 | -€1 | -20.3% |
| Profit (loss) for the period | 9904 | €35,480 | €45,586 | +€10,107 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,480 | €45,586 | +€10,107 | +28.5% |
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 17 October 2026 via checked.be.