DINO: what changed
Two fiscal 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.
DINO
Largest movements
- Tangible fixed assets -€37,608
down €37,608 (-4.9%), from €773,131 to €735,523
of which Other tangible fixed assets: -€37,597
- Cash +€13,098
up €13,098 (+602.2%), from €2,175 to €15,273
mainly Depreciation (+€41,867) and Net result for the year (+€13,575)
- Debts after one year -€51,507
down €51,507 (-37.4%), from €137,631 to €86,123
- Reserves +€13,575
up €13,575 (+2.6%), from €529,259 to €542,834
of which Distributable reserves: +€13,575
- Gross operating margin +€14,703
up €14,703 (+26.3%), from €55,947 to €70,650
- Taxes +€7,227
up €7,227 (+1556.3%), from €464 to €7,691
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €794,760 | €763,011 | -€31,749 | -4.0% |
| Fixed assets | 21/28 | €773,381 | €735,773 | -€37,608 | -4.9% |
| Tangible fixed assets | 22/27 | €773,131 | €735,523 | -€37,608 | -4.9% |
| Furniture and vehicles | 24 | €11 | €0 | -€11 | -100.0% |
| Other tangible fixed assets | 26 | €773,121 | €735,523 | -€37,597 | -4.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €21,379 | €27,238 | +€5,859 | +27.4% |
| Amounts receivable within one year | 40/41 | €17,726 | €9,961 | -€7,765 | -43.8% |
| Trade receivables | 40 | €17,726 | €9,933 | -€7,793 | -44.0% |
| Other amounts receivable | 41 | €0 | €28 | +€28 | |
| Cash at bank and in hand | 54/58 | €2,175 | €15,273 | +€13,098 | +602.2% |
| Deferred charges and accrued income | 490/1 | €1,477 | €2,004 | +€527 | +35.7% |
| Total equity and liabilities | 10/49 | €794,760 | €763,011 | -€31,749 | -4.0% |
| Equity | 10/15 | €591,259 | €604,834 | +€13,575 | +2.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €529,259 | €542,834 | +€13,575 | +2.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,821 | €8,821 | = | 0.0% |
| Distributable reserves | 133 | €514,239 | €527,814 | +€13,575 | +2.6% |
| Amounts payable | 17/49 | €203,501 | €158,177 | -€45,324 | -22.3% |
| Amounts payable after more than one year | 17 | €137,631 | €86,123 | -€51,507 | -37.4% |
| Financial debts | 170/4 | €137,631 | €86,123 | -€51,507 | -37.4% |
| Amounts payable within one year | 42/48 | €64,760 | €70,943 | +€6,184 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €51,409 | €51,995 | +€586 | +1.1% |
| Trade debts | 44 | €1,760 | €970 | -€790 | -44.9% |
| Suppliers | 440/4 | €1,760 | €970 | -€790 | -44.9% |
| Taxes, remuneration and social security | 45 | €4,669 | €10,126 | +€5,458 | +116.9% |
| Taxes | 450/3 | €4,669 | €10,126 | +€5,458 | +116.9% |
| Other amounts payable | 47/48 | €6,922 | €7,852 | +€930 | +13.4% |
| Accrued charges and deferred income | 492/3 | €1,110 | €1,110 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,462 | €41,867 | -€595 | -1.4% |
| Other operating charges | 640/8 | €5,200 | €5,435 | +€235 | +4.5% |
| Gross operating margin | 9900 | €55,947 | €70,650 | +€14,703 | +26.3% |
| Operating profit (loss) | 9901 | €8,285 | €23,349 | +€15,064 | +181.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €2,713 | €2,082 | -€631 | -23.3% |
| Recurring financial charges | 65 | €2,713 | €2,082 | -€631 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €5,572 | €21,267 | +€15,694 | +281.6% |
| Income taxes | 67/77 | €464 | €7,691 | +€7,227 | +1556.3% |
| Profit (loss) for the period | 9904 | €5,108 | €13,575 | +€8,467 | +165.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,108 | €13,575 | +€8,467 | +165.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.