DINGS: 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.
DINGS
Largest movements
- Receivables after one year +€97,905
up €97,905 (+1592.0%), from €6,150 to €104,055
of which Other amounts receivable: +€100,000
- Receivables within one year +€89,745
up €89,745 (+51.9%), from €172,763 to €262,508
of which Other amounts receivable: +€90,483
- Tangible fixed assets -€58,586
down €58,586 (-6.8%), from €861,627 to €803,041
of which Land and buildings: -€38,986
- Reserves +€320,008
up €320,008 (+106.1%), from €301,631 to €621,639
of which Distributable reserves: +€320,008
- Other debts -€120,335
down €120,335 (-100.0%), from €120,335 to €0
- Debts after one year -€100,908
down €100,908 (-26.9%), from €374,642 to €273,734
- Short-term financial debts -€95,868
down €95,868 (-100.0%), from €95,868 to €0
- Current portion of long-term debt +€93,447
up €93,447 (+1252.4%), from €7,461 to €100,908
- Financial income +€302,050
new in 2025: €302,050
- Gross operating margin +€103,887
up €103,887 (+55.6%), from €186,975 to €290,862
- Taxes +€66,301
up €66,301 (+188.7%), from €35,136 to €101,437
- Depreciation -€11,089
down €11,089 (-15.9%), from €69,675 to €58,586
- Financial charges -€4,177
down €4,177 (-40.4%), from €10,349 to €6,172
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 | €1,691,613 | €1,819,819 | +€128,206 | +7.6% |
| Fixed assets | 21/28 | €1,504,723 | €1,446,137 | -€58,586 | -3.9% |
| Tangible fixed assets | 22/27 | €861,627 | €803,041 | -€58,586 | -6.8% |
| Land and buildings | 22 | €789,471 | €750,485 | -€38,986 | -4.9% |
| Plant, machinery and equipment | 23 | €68,186 | €50,340 | -€17,846 | -26.2% |
| Furniture and vehicles | 24 | €3,971 | €2,216 | -€1,754 | -44.2% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €643,096 | €643,096 | = | 0.0% |
| Current assets | 29/58 | €186,889 | €373,681 | +€186,792 | +99.9% |
| Amounts receivable after more than one year | 29 | €6,150 | €104,055 | +€97,905 | +1592.0% |
| Trade receivables | 290 | €6,150 | €4,055 | -€2,095 | -34.1% |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €172,763 | €262,508 | +€89,745 | +51.9% |
| Trade receivables | 40 | €738 | €0 | -€738 | -100.0% |
| Other amounts receivable | 41 | €172,025 | €262,508 | +€90,483 | +52.6% |
| Cash at bank and in hand | 54/58 | €4,379 | €3,608 | -€771 | -17.6% |
| Deferred charges and accrued income | 490/1 | €3,597 | €3,510 | -€87 | -2.4% |
| Total equity and liabilities | 10/49 | €1,691,613 | €1,819,819 | +€128,206 | +7.6% |
| Equity | 10/15 | €967,596 | €1,287,604 | +€320,008 | +33.1% |
| Contributions | 10/11 | €294,128 | €294,128 | = | 0.0% |
| Reserves | 13 | €301,631 | €621,639 | +€320,008 | +106.1% |
| Non-distributable reserves | 130/1 | €29,413 | €29,413 | = | 0.0% |
| Reserves not available under the articles | 1311 | €29,413 | €29,413 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €215,969 | €535,976 | +€320,008 | +148.2% |
| Profit (loss) carried forward | 14 | €371,837 | €371,837 | = | 0.0% |
| Amounts payable | 17/49 | €724,016 | €532,215 | -€191,801 | -26.5% |
| Amounts payable after more than one year | 17 | €374,642 | €273,734 | -€100,908 | -26.9% |
| Financial debts | 170/4 | €374,642 | €273,734 | -€100,908 | -26.9% |
| Amounts payable within one year | 42/48 | €349,375 | €258,481 | -€90,893 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €7,461 | €100,908 | +€93,447 | +1252.4% |
| Financial debts | 43 | €95,868 | €0 | -€95,868 | -100.0% |
| Credit institutions | 430/8 | €95,868 | €0 | -€95,868 | -100.0% |
| Trade debts | 44 | €89,123 | €91,136 | +€2,014 | +2.3% |
| Suppliers | 440/4 | €89,123 | €91,136 | +€2,014 | +2.3% |
| Taxes, remuneration and social security | 45 | €36,588 | €66,437 | +€29,849 | +81.6% |
| Taxes | 450/3 | €34,788 | €66,437 | +€31,649 | +91.0% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100.0% |
| Other amounts payable | 47/48 | €120,335 | €0 | -€120,335 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,675 | €58,586 | -€11,089 | -15.9% |
| Other operating charges | 640/8 | €11,127 | €8,699 | -€2,427 | -21.8% |
| Gross operating margin | 9900 | €186,975 | €290,862 | +€103,887 | +55.6% |
| Operating profit (loss) | 9901 | €106,173 | €223,577 | +€117,404 | +110.6% |
| Financial income | 75/76B | - | €302,050 | +€302,050 | |
| Recurring financial income | 75 | - | €302,050 | +€302,050 | |
| Financial charges | 65/66B | €10,349 | €6,172 | -€4,177 | -40.4% |
| Recurring financial charges | 65 | €10,349 | €6,172 | -€4,177 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €95,824 | €519,455 | +€423,630 | +442.1% |
| Income taxes | 67/77 | €35,136 | €101,437 | +€66,301 | +188.7% |
| Profit (loss) for the period | 9904 | €60,688 | €418,018 | +€357,329 | +588.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,688 | €418,018 | +€357,329 | +588.8% |
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.