DK: 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.
DK
Largest movements
- Cash +€481,100
up €481,100 (+158%), from €304,689 to €785,789
mainly Net result for the year (+€771,621) and Other debts (+€91,194)
- Tangible fixed assets -€27,920
down €27,920 (-5.6%), from €497,720 to €469,799
of which Furniture and vehicles: -€14,930
- Reserves +€295,365
up €295,365 (+43.6%), from €677,986 to €973,351
- Other debts +€91,194
up €91,194 (+23.1%), from €395,331 to €486,525
- Tax, wage and social debts +€62,060
up €62,060 (+205%), from €30,265 to €92,325
of which Taxes: +€59,185
- Financial income +€586,568
up €586,568 (+344%), from €170,739 to €757,306
- Taxes +€78,826
up €78,826 (+248%), from €31,812 to €110,638
- Gross operating margin +€7,599
up €7,599 (+5.1%), from €148,806 to €156,405
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 | €1,123,506 | €1,576,811 | +€453,305 | +40.3% |
| Fixed assets | 21/28 | €797,720 | €769,799 | -€27,920 | -3.5% |
| Tangible fixed assets | 22/27 | €497,720 | €469,799 | -€27,920 | -5.6% |
| Land and buildings | 22 | €460,259 | €447,500 | -€12,758 | -2.8% |
| Plant, machinery and equipment | 23 | €580 | €348 | -€232 | -40.0% |
| Furniture and vehicles | 24 | €36,881 | €21,951 | -€14,930 | -40.5% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €325,787 | €807,012 | +€481,225 | +148% |
| Amounts receivable within one year | 40/41 | €18,773 | €17,564 | -€1,209 | -6.4% |
| Trade receivables | 40 | €16,355 | €17,545 | +€1,190 | +7.3% |
| Other amounts receivable | 41 | €2,418 | €19 | -€2,399 | -99.2% |
| Cash at bank and in hand | 54/58 | €304,689 | €785,789 | +€481,100 | +158% |
| Deferred charges and accrued income | 490/1 | €2,324 | €3,659 | +€1,335 | +57.4% |
| Total equity and liabilities | 10/49 | €1,123,506 | €1,576,811 | +€453,305 | +40.3% |
| Equity | 10/15 | €696,586 | €991,951 | +€295,365 | +42.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €677,986 | €973,351 | +€295,365 | +43.6% |
| Distributable reserves | 133 | €677,986 | €973,351 | +€295,365 | +43.6% |
| Amounts payable | 17/49 | €426,920 | €584,860 | +€157,940 | +37.0% |
| Amounts payable within one year | 42/48 | €426,920 | €584,860 | +€157,940 | +37.0% |
| Trade debts | 44 | €1,323 | €6,010 | +€4,687 | +354% |
| Suppliers | 440/4 | €1,323 | €6,010 | +€4,687 | +354% |
| Taxes, remuneration and social security | 45 | €30,265 | €92,325 | +€62,060 | +205% |
| Taxes | 450/3 | €30,265 | €89,450 | +€59,185 | +196% |
| Remuneration and social security | 454/9 | - | €2,875 | +€2,875 | |
| Other amounts payable | 47/48 | €395,331 | €486,525 | +€91,194 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,811 | €27,920 | -€891 | -3.1% |
| Other operating charges | 640/8 | €3,498 | €3,434 | -€65 | -1.8% |
| Gross operating margin | 9900 | €148,806 | €156,405 | +€7,599 | +5.1% |
| Operating profit (loss) | 9901 | €116,497 | €125,051 | +€8,554 | +7.3% |
| Financial income | 75/76B | €170,739 | €757,306 | +€586,568 | +344% |
| Recurring financial income | 75 | €170,739 | €757,306 | +€586,568 | +344% |
| Financial charges | 65/66B | €154 | €99 | -€56 | -36.1% |
| Recurring financial charges | 65 | €154 | €99 | -€56 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €287,081 | €882,259 | +€595,178 | +207% |
| Income taxes | 67/77 | €31,812 | €110,638 | +€78,826 | +248% |
| Profit (loss) for the period | 9904 | €255,269 | €771,621 | +€516,351 | +202% |
| Profit (loss) for the period to be appropriated | 9905 | €255,269 | €771,621 | +€516,351 | +202% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.