DK Development: 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 Development
Largest movements
- Cash +€4,971
up €4,971 (+129.7%), from €3,832 to €8,804
mainly Tax, wage and social debts (+€4,694) and Depreciation (+€1,306)
- Receivables within one year +€605
up €605 (+7.7%), from €7,881 to €8,486
of which Trade receivables: +€605
- Tangible fixed assets -€572
down €572 (-19.3%), from €2,967 to €2,396
- Tax, wage and social debts +€4,694
up €4,694 (+71.1%), from €6,598 to €11,291
- Reserves +€3,841
new in 2025: €3,841
- Profit (loss) carried forward -€3,387
no longer reported in 2025 (was €3,387)
- Gross operating margin -€2,568
down €2,568 (-43.1%), from €5,962 to €3,393
- Taxes -€735
down €735 (-48.2%), from €1,524 to €789
- Financial charges +€633
up €633 (+617.0%), from €103 to €735
- Depreciation +€353
up €353 (+37.0%), from €954 to €1,306
- Other operating charges +€120
new in 2025: €120
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 | €14,723 | €19,854 | +€5,131 | +34.8% |
| Fixed assets | 21/28 | €2,967 | €2,396 | -€572 | -19.3% |
| Tangible fixed assets | 22/27 | €2,967 | €2,396 | -€572 | -19.3% |
| Furniture and vehicles | 24 | €2,967 | €2,396 | -€572 | -19.3% |
| Current assets | 29/58 | €11,756 | €17,459 | +€5,703 | +48.5% |
| Amounts receivable within one year | 40/41 | €7,881 | €8,486 | +€605 | +7.7% |
| Trade receivables | 40 | €7,865 | €8,470 | +€605 | +7.7% |
| Other amounts receivable | 41 | €16 | €16 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,832 | €8,804 | +€4,971 | +129.7% |
| Deferred charges and accrued income | 490/1 | €43 | €169 | +€126 | +295.9% |
| Total equity and liabilities | 10/49 | €14,723 | €19,854 | +€5,131 | +34.8% |
| Equity | 10/15 | €5,887 | €6,341 | +€454 | +7.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €3,841 | +€3,841 | |
| Distributable reserves | 133 | - | €3,841 | +€3,841 | |
| Profit (loss) carried forward | 14 | €3,387 | - | -€3,387 | |
| Amounts payable | 17/49 | €8,837 | €13,514 | +€4,677 | +52.9% |
| Amounts payable within one year | 42/48 | €8,837 | €13,514 | +€4,677 | +52.9% |
| Trade debts | 44 | €2,239 | €2,223 | -€16 | -0.7% |
| Suppliers | 440/4 | €2,239 | €2,223 | -€16 | -0.7% |
| Taxes, remuneration and social security | 45 | €6,598 | €11,291 | +€4,694 | +71.1% |
| Taxes | 450/3 | €6,598 | €11,291 | +€4,694 | +71.1% |
| Remuneration, social security and pensions | 62 | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €954 | €1,306 | +€353 | +37.0% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €5,962 | €3,393 | -€2,568 | -43.1% |
| Operating profit (loss) | 9901 | €5,008 | €1,962 | -€3,046 | -60.8% |
| Financial income | 75/76B | €5 | €16 | +€11 | +213.8% |
| Recurring financial income | 75 | €5 | €16 | +€11 | +213.8% |
| Financial charges | 65/66B | €103 | €735 | +€633 | +617.0% |
| Recurring financial charges | 65 | €103 | €735 | +€633 | +617.0% |
| Profit (loss) for the period before taxes | 9903 | €4,911 | €1,243 | -€3,668 | -74.7% |
| Income taxes | 67/77 | €1,524 | €789 | -€735 | -48.2% |
| Profit (loss) for the period | 9904 | €3,387 | €454 | -€2,933 | -86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,387 | €454 | -€2,933 | -86.6% |
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 12 October 2026 via checked.be.