DINOTTI: 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.
DINOTTI
Largest movements
- Receivables within one year -€48,026
down €48,026 (-21.4%), from €224,872 to €176,846
of which Trade receivables: -€45,997
- Tangible fixed assets +€26,545
up €26,545 (+52.0%), from €51,024 to €77,569
of which Plant, machinery and equipment: +€15,113
- Cash -€17,141
down €17,141 (-74.5%), from €23,002 to €5,861
mainly Trade debts (-€111,423) and Investment in fixed assets (net) (-€32,741)
- Trade debts -€111,423
down €111,423 (-57.1%), from €195,140 to €83,717
- Other debts +€24,242
up €24,242 (+52.6%), from €46,046 to €70,288
- Debts after one year +€20,115
up €20,115 (+97.8%), from €20,570 to €40,685
- Current portion of long-term debt +€12,069
new in 2025: €12,069
- Profit (loss) carried forward +€9,021
up €9,021 (+39.6%), from €22,793 to €31,814
- Gross operating margin +€10,659
up €10,659 (+17.9%), from €59,566 to €70,225
- Other operating charges +€5,645
up €5,645 (+320.8%), from €1,760 to €7,405
- Staff costs +€2,715
up €2,715 (+7.5%), from €36,290 to €39,005
- Depreciation +€2,589
up €2,589 (+71.8%), from €3,607 to €6,196
- Taxes +€2,197
up €2,197 (+57.1%), from €3,849 to €6,046
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 | €321,935 | €281,803 | -€40,132 | -12.5% |
| Fixed assets | 21/28 | €51,024 | €77,569 | +€26,545 | +52.0% |
| Tangible fixed assets | 22/27 | €51,024 | €77,569 | +€26,545 | +52.0% |
| Land and buildings | 22 | €41,481 | €41,323 | -€159 | -0.4% |
| Plant, machinery and equipment | 23 | €2,909 | €18,022 | +€15,113 | +519.6% |
| Furniture and vehicles | 24 | €6,634 | €18,225 | +€11,590 | +174.7% |
| Current assets | 29/58 | €270,911 | €204,234 | -€66,677 | -24.6% |
| Stocks and contracts in progress | 3 | €19,745 | €19,745 | = | 0.0% |
| Stocks | 30/36 | €19,745 | €19,745 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €224,872 | €176,846 | -€48,026 | -21.4% |
| Trade receivables | 40 | €222,798 | €176,801 | -€45,997 | -20.6% |
| Other amounts receivable | 41 | €2,074 | €45 | -€2,030 | -97.8% |
| Cash at bank and in hand | 54/58 | €23,002 | €5,861 | -€17,141 | -74.5% |
| Deferred charges and accrued income | 490/1 | €3,291 | €1,782 | -€1,509 | -45.9% |
| Total equity and liabilities | 10/49 | €321,935 | €281,803 | -€40,132 | -12.5% |
| Equity | 10/15 | €43,253 | €52,274 | +€9,021 | +20.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,793 | €31,814 | +€9,021 | +39.6% |
| Amounts payable | 17/49 | €278,682 | €229,529 | -€49,153 | -17.6% |
| Amounts payable after more than one year | 17 | €20,570 | €40,685 | +€20,115 | +97.8% |
| Financial debts | 170/4 | €20,570 | €40,685 | +€20,115 | +97.8% |
| Amounts payable within one year | 42/48 | €258,112 | €188,844 | -€69,268 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | - | €12,069 | +€12,069 | |
| Financial debts | 43 | €4,212 | €5,131 | +€920 | +21.8% |
| Credit institutions | 430/8 | €4,212 | €5,131 | +€920 | +21.8% |
| Trade debts | 44 | €195,140 | €83,717 | -€111,423 | -57.1% |
| Suppliers | 440/4 | €195,140 | €83,717 | -€111,423 | -57.1% |
| Advances received on contracts in progress | 46 | €2,171 | €2,171 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,543 | €15,467 | +€4,924 | +46.7% |
| Taxes | 450/3 | €9,806 | €11,306 | +€1,500 | +15.3% |
| Remuneration and social security | 454/9 | €737 | €4,161 | +€3,424 | +464.6% |
| Other amounts payable | 47/48 | €46,046 | €70,288 | +€24,242 | +52.6% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €36,290 | €39,005 | +€2,715 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,607 | €6,196 | +€2,589 | +71.8% |
| Other operating charges | 640/8 | €1,760 | €7,405 | +€5,645 | +320.8% |
| Non-recurring operating charges | 66A | €938 | - | -€938 | |
| Gross operating margin | 9900 | €59,566 | €70,225 | +€10,659 | +17.9% |
| Operating profit (loss) | 9901 | €16,970 | €17,620 | +€650 | +3.8% |
| Financial income | 75/76B | €170 | €9 | -€161 | -94.9% |
| Recurring financial income | 75 | €170 | €9 | -€161 | -94.9% |
| Financial charges | 65/66B | €2,598 | €2,561 | -€37 | -1.4% |
| Recurring financial charges | 65 | €2,598 | €2,561 | -€37 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €14,542 | €15,067 | +€525 | +3.6% |
| Income taxes | 67/77 | €3,849 | €6,046 | +€2,197 | +57.1% |
| Profit (loss) for the period | 9904 | €10,693 | €9,021 | -€1,671 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,693 | €9,021 | -€1,671 | -15.6% |
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 11 October 2026 via checked.be.