DINANT EXCLUSIVE: 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 EXCLUSIVE
Largest movements
- Tangible fixed assets +€726,432
up €726,432 (+50.9%), from €1.4m to €2.2m
of which Other tangible fixed assets: +€783,159
- Cash -€37,115
down €37,115 (-62.4%), from €59,459 to €22,344
mainly Investment in fixed assets (net) (-€915,443) and Net result for the year (-€110,154)
- Other debts +€591,351
up €591,351 (+42.0%), from €1.4m to €2.0m
- Trade debts +€199,245
up €199,245 (+154%), from €129,067 to €328,312
- Profit (loss) carried forward -€110,154
down €110,154 (-166%), from -€66,554 to -€176,708
- Depreciation +€61,759
up €61,759 (+48.5%), from €127,253 to €189,011
- Other operating charges -€23,289
down €23,289 (-99.5%), from €23,415 to €126
- Gross operating margin -€14,536
down €14,536 (-11.5%), from €126,706 to €112,170
- Financial charges -€3,133
down €3,133 (-77.5%), from €4,042 to €909
of which Non-recurring financial charges: -€3,990
- Staff costs +€1,435
up €1,435 (+5.5%), from €26,331 to €27,766
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 | €1,506,574 | €2,181,618 | +€675,044 | +44.8% |
| Fixed assets | 21/28 | €1,426,170 | €2,152,602 | +€726,432 | +50.9% |
| Tangible fixed assets | 22/27 | €1,425,995 | €2,152,427 | +€726,432 | +50.9% |
| Furniture and vehicles | 24 | €17,780 | €18,402 | +€622 | +3.5% |
| Other tangible fixed assets | 26 | €1,350,865 | €2,134,025 | +€783,159 | +58.0% |
| Assets under construction and advance payments | 27 | €57,350 | - | -€57,350 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €80,404 | €29,016 | -€51,388 | -63.9% |
| Amounts receivable after more than one year | 29 | €20,945 | - | -€20,945 | |
| Trade receivables | 290 | €12,130 | - | -€12,130 | |
| Other amounts receivable | 291 | €8,815 | - | -€8,815 | |
| Stocks and contracts in progress | 3 | - | €4,694 | +€4,694 | |
| Stocks | 30/36 | - | €4,694 | +€4,694 | |
| Amounts receivable within one year | 40/41 | - | €1,978 | +€1,978 | |
| Trade receivables | 40 | - | €338 | +€338 | |
| Other amounts receivable | 41 | - | €1,640 | +€1,640 | |
| Cash at bank and in hand | 54/58 | €59,459 | €22,344 | -€37,115 | -62.4% |
| Total equity and liabilities | 10/49 | €1,506,574 | €2,181,618 | +€675,044 | +44.8% |
| Equity | 10/15 | -€56,554 | -€166,708 | -€110,154 | -195% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,554 | -€176,708 | -€110,154 | -166% |
| Provisions and deferred taxes | 16 | €10,162 | €16,848 | +€6,686 | +65.8% |
| Provisions for liabilities and charges | 160/5 | €10,162 | €16,848 | +€6,686 | +65.8% |
| Other liabilities and charges | 164/5 | €10,162 | €16,848 | +€6,686 | +65.8% |
| Amounts payable | 17/49 | €1,552,966 | €2,331,478 | +€778,512 | +50.1% |
| Amounts payable within one year | 42/48 | €1,541,689 | €2,331,478 | +€789,789 | +51.2% |
| Trade debts | 44 | €129,067 | €328,312 | +€199,245 | +154% |
| Suppliers | 440/4 | €129,067 | €328,312 | +€199,245 | +154% |
| Taxes, remuneration and social security | 45 | €5,853 | €5,047 | -€806 | -13.8% |
| Taxes | 450/3 | €234 | €957 | +€723 | +309% |
| Remuneration and social security | 454/9 | €5,619 | €4,091 | -€1,529 | -27.2% |
| Other amounts payable | 47/48 | €1,406,768 | €1,998,119 | +€591,351 | +42.0% |
| Accrued charges and deferred income | 492/3 | €11,277 | - | -€11,277 | |
| Remuneration, social security and pensions | 62 | €26,331 | €27,766 | +€1,435 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,253 | €189,011 | +€61,759 | +48.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,350 | €6,686 | +€1,336 | +25.0% |
| Other operating charges | 640/8 | €23,415 | €126 | -€23,289 | -99.5% |
| Gross operating margin | 9900 | €126,706 | €112,170 | -€14,536 | -11.5% |
| Operating profit (loss) | 9901 | -€55,643 | -€111,420 | -€55,777 | -100% |
| Financial income | 75/76B | €3,284 | €2,175 | -€1,109 | -33.8% |
| Recurring financial income | 75 | €3,284 | €2,175 | -€1,109 | -33.8% |
| Non-recurring financial income | 76B | €3,284 | €2,175 | -€1,109 | -33.8% |
| Financial charges | 65/66B | €4,042 | €909 | -€3,133 | -77.5% |
| Recurring financial charges | 65 | €42 | €899 | +€857 | +2,060% |
| Non-recurring financial charges | 66B | €4,000 | €10 | -€3,990 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | -€56,401 | -€110,154 | -€53,753 | -95.3% |
| Profit (loss) for the period | 9904 | -€56,401 | -€110,154 | -€53,753 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,401 | -€110,154 | -€53,753 | -95.3% |
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 31 October 2026 via checked.be.