DK: 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.
DK
Largest movements
- Receivables within one year +€26,653
up €26,653 (+1665.7%), from €1,600 to €28,253
of which Trade receivables: +€27,320
- Stocks and contracts -€12,775
down €12,775 (-71.3%), from €17,925 to €5,150
- Tangible fixed assets -€1,687
down €1,687 (-58.3%), from €2,893 to €1,207
of which Furniture and vehicles: -€1,142
- Cash +€1,561
up €1,561 (+178.0%), from €877 to €2,437
mainly Stocks and contracts (+€12,775) and Other debts (+€4,518)
- Other debts +€4,518
up €4,518 (+6683.0%), from €68 to €4,586
- Reserves +€4,298
up €4,298 (+33.6%), from €12,787 to €17,086
- Tax, wage and social debts +€3,900
up €3,900 (+52.4%), from €7,440 to €11,340
- Trade debts +€1,036
up €1,036, from €0 to €1,036
- Gross operating margin -€10,494
down €10,494 (-45.9%), from €22,844 to €12,351
- Taxes -€1,779
down €1,779 (-31.3%), from €5,678 to €3,900
- Other operating charges +€731
up €731 (+71.4%), from €1,024 to €1,755
- Depreciation -€379
down €379 (-18.3%), from €2,066 to €1,687
- Financial charges +€231
up €231 (+46.8%), from €493 to €723
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 | €23,295 | €37,047 | +€13,753 | +59.0% |
| Fixed assets | 21/28 | €2,893 | €1,207 | -€1,687 | -58.3% |
| Tangible fixed assets | 22/27 | €2,893 | €1,207 | -€1,687 | -58.3% |
| Plant, machinery and equipment | 23 | €1,131 | €587 | -€544 | -48.1% |
| Furniture and vehicles | 24 | €1,762 | €620 | -€1,142 | -64.8% |
| Current assets | 29/58 | €20,401 | €35,841 | +€15,439 | +75.7% |
| Stocks and contracts in progress | 3 | €17,925 | €5,150 | -€12,775 | -71.3% |
| Contracts in progress | 37 | €17,925 | €5,150 | -€12,775 | -71.3% |
| Amounts receivable within one year | 40/41 | €1,600 | €28,253 | +€26,653 | +1665.7% |
| Trade receivables | 40 | €0 | €27,320 | +€27,320 | |
| Other amounts receivable | 41 | €1,600 | €933 | -€667 | -41.7% |
| Cash at bank and in hand | 54/58 | €877 | €2,437 | +€1,561 | +178.0% |
| Total equity and liabilities | 10/49 | €23,295 | €37,047 | +€13,753 | +59.0% |
| Equity | 10/15 | €15,787 | €20,086 | +€4,298 | +27.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,787 | €17,086 | +€4,298 | +33.6% |
| Distributable reserves | 133 | €12,787 | €17,086 | +€4,298 | +33.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €7,508 | €16,962 | +€9,454 | +125.9% |
| Amounts payable within one year | 42/48 | €7,508 | €16,962 | +€9,454 | +125.9% |
| Trade debts | 44 | €0 | €1,036 | +€1,036 | |
| Suppliers | 440/4 | €0 | €1,036 | +€1,036 | |
| Taxes, remuneration and social security | 45 | €7,440 | €11,340 | +€3,900 | +52.4% |
| Taxes | 450/3 | €7,440 | €11,340 | +€3,900 | +52.4% |
| Other amounts payable | 47/48 | €68 | €4,586 | +€4,518 | +6683.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,066 | €1,687 | -€379 | -18.3% |
| Other operating charges | 640/8 | €1,024 | €1,755 | +€731 | +71.4% |
| Gross operating margin | 9900 | €22,844 | €12,351 | -€10,494 | -45.9% |
| Operating profit (loss) | 9901 | €19,755 | €8,909 | -€10,846 | -54.9% |
| Financial income | 75/76B | €14 | €13 | -€1 | -7.0% |
| Recurring financial income | 75 | €14 | €13 | -€1 | -7.0% |
| Financial charges | 65/66B | €493 | €723 | +€231 | +46.8% |
| Recurring financial charges | 65 | €493 | €723 | +€231 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €19,276 | €8,198 | -€11,078 | -57.5% |
| Income taxes | 67/77 | €5,678 | €3,900 | -€1,779 | -31.3% |
| Profit (loss) for the period | 9904 | €13,598 | €4,298 | -€9,299 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,598 | €4,298 | -€9,299 | -68.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.