DINAPET: 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.
DINAPET
Largest movements
- Receivables within one year -€17,293
down €17,293 (-59.6%), from €29,003 to €11,710
of which Other amounts receivable: -€18,377
- Cash +€11,384
up €11,384 (+18.9%), from €60,094 to €71,479
mainly Trade debts (+€32,769) and Net result for the year (+€31,653)
- Tangible fixed assets +€6,335
up €6,335 (+9.7%), from €65,329 to €71,663
of which Furniture and vehicles: +€8,860
- Deferred charges and accrued income -€2,745
down €2,745 (-53.0%), from €5,179 to €2,434
- Stocks and contracts +€1,828
up €1,828 (+18.1%), from €10,073 to €11,901
- Trade debts +€32,769
up €32,769 (+467.2%), from €7,014 to €39,783
- Other debts -€16,166
down €16,166 (-49.9%), from €32,425 to €16,259
- Current portion of long-term debt -€16,130
down €16,130 (-83.2%), from €19,380 to €3,250
- Debts after one year -€3,250
down €3,250 (-100.0%), from €3,250 to €0
- Staff costs -€36,171
down €36,171 (-100.0%), from €36,171 to €0
- Gross operating margin -€16,370
down €16,370 (-18.1%), from €90,251 to €73,881
- Depreciation -€6,796
down €6,796 (-19.8%), from €34,338 to €27,542
- Taxes +€6,527
up €6,527 (+145.8%), from €4,477 to €11,004
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 | €169,952 | €169,187 | -€765 | -0.4% |
| Fixed assets | 21/28 | €65,602 | €71,663 | +€6,061 | +9.2% |
| Intangible fixed assets | 21 | €274 | €0 | -€274 | -100.0% |
| Tangible fixed assets | 22/27 | €65,329 | €71,663 | +€6,335 | +9.7% |
| Plant, machinery and equipment | 23 | €6,879 | €5,405 | -€1,474 | -21.4% |
| Furniture and vehicles | 24 | €51,271 | €60,131 | +€8,860 | +17.3% |
| Other tangible fixed assets | 26 | €7,178 | €6,127 | -€1,051 | -14.6% |
| Current assets | 29/58 | €104,349 | €97,524 | -€6,825 | -6.5% |
| Stocks and contracts in progress | 3 | €10,073 | €11,901 | +€1,828 | +18.1% |
| Stocks | 30/36 | €10,073 | €11,901 | +€1,828 | +18.1% |
| Amounts receivable within one year | 40/41 | €29,003 | €11,710 | -€17,293 | -59.6% |
| Trade receivables | 40 | €10,627 | €11,710 | +€1,084 | +10.2% |
| Other amounts receivable | 41 | €18,377 | €0 | -€18,377 | -100.0% |
| Cash at bank and in hand | 54/58 | €60,094 | €71,479 | +€11,384 | +18.9% |
| Deferred charges and accrued income | 490/1 | €5,179 | €2,434 | -€2,745 | -53.0% |
| Total equity and liabilities | 10/49 | €169,952 | €169,187 | -€765 | -0.4% |
| Equity | 10/15 | €97,835 | €98,857 | +€1,022 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €79,235 | €80,257 | +€1,022 | +1.3% |
| Distributable reserves | 133 | €79,235 | €80,257 | +€1,022 | +1.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,117 | €70,330 | -€1,787 | -2.5% |
| Amounts payable after more than one year | 17 | €3,250 | €0 | -€3,250 | -100.0% |
| Financial debts | 170/4 | €3,250 | €0 | -€3,250 | -100.0% |
| Amounts payable within one year | 42/48 | €68,560 | €70,078 | +€1,518 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €19,380 | €3,250 | -€16,130 | -83.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €7,014 | €39,783 | +€32,769 | +467.2% |
| Suppliers | 440/4 | €7,014 | €39,783 | +€32,769 | +467.2% |
| Taxes, remuneration and social security | 45 | €9,740 | €10,786 | +€1,046 | +10.7% |
| Taxes | 450/3 | €9,740 | €10,786 | +€1,046 | +10.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €32,425 | €16,259 | -€16,166 | -49.9% |
| Accrued charges and deferred income | 492/3 | €307 | €252 | -€55 | -17.8% |
| Non-recurring operating income | 76A | - | €15,314 | +€15,314 | |
| Remuneration, social security and pensions | 62 | €36,171 | €0 | -€36,171 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,338 | €27,542 | -€6,796 | -19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,176 | €625 | -€551 | -46.9% |
| Other operating charges | 640/8 | €2,675 | €2,532 | -€144 | -5.4% |
| Gross operating margin | 9900 | €90,251 | €73,881 | -€16,370 | -18.1% |
| Operating profit (loss) | 9901 | €15,890 | €43,182 | +€27,292 | +171.7% |
| Financial income | 75/76B | €433 | €0 | -€433 | -99.9% |
| Recurring financial income | 75 | €433 | €0 | -€433 | -99.9% |
| Financial charges | 65/66B | €679 | €526 | -€153 | -22.6% |
| Recurring financial charges | 65 | €679 | €526 | -€153 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €15,645 | €42,657 | +€27,012 | +172.7% |
| Income taxes | 67/77 | €4,477 | €11,004 | +€6,527 | +145.8% |
| Profit (loss) for the period | 9904 | €11,168 | €31,653 | +€20,486 | +183.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,168 | €31,653 | +€20,486 | +183.4% |
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 9 October 2026 via checked.be.