DK EXPERT: 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 EXPERT
Largest movements
- Tangible fixed assets +€12,194
up €12,194 (+52.0%), from €23,465 to €35,659
of which Furniture and vehicles: +€11,009
- Receivables within one year -€11,457
down €11,457 (-55.8%), from €20,542 to €9,085
of which Trade receivables: -€13,424
- Cash +€1,274
up €1,274 (+3.5%), from €36,429 to €37,703
mainly Net result for the year (+€15,692) and Receivables within one year (+€11,457)
- Reserves +€15,600
up €15,600 (+32.7%), from €47,760 to €63,360
of which Distributable reserves: +€15,600
- Advances received -€6,675
no longer reported in 2025 (was €6,675)
- Current portion of long-term debt -€4,315
down €4,315 (-82.8%), from €5,209 to €894
- Tax, wage and social debts -€1,239
down €1,239 (-20.9%), from €5,926 to €4,687
- Other debts -€1,223
down €1,223 (-24.5%), from €5,000 to €3,777
- Gross operating margin +€16,039
up €16,039 (+101.6%), from €15,793 to €31,832
- Taxes +€4,338
up €4,338 (+173.1%), from €2,506 to €6,844
- Financial income +€1,428
up €1,428 (+578.1%), from €247 to €1,675
- Other operating charges +€1,212
up €1,212 (+158.4%), from €765 to €1,977
- Depreciation +€601
up €601 (+7.5%), from €7,969 to €8,570
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 | €80,653 | €83,197 | +€2,544 | +3.2% |
| Fixed assets | 21/28 | €23,465 | €35,659 | +€12,194 | +52.0% |
| Tangible fixed assets | 22/27 | €23,465 | €35,659 | +€12,194 | +52.0% |
| Plant, machinery and equipment | 23 | €7,520 | €8,705 | +€1,185 | +15.8% |
| Furniture and vehicles | 24 | €15,945 | €26,954 | +€11,009 | +69.0% |
| Current assets | 29/58 | €57,188 | €47,538 | -€9,650 | -16.9% |
| Amounts receivable within one year | 40/41 | €20,542 | €9,085 | -€11,457 | -55.8% |
| Trade receivables | 40 | €14,891 | €1,467 | -€13,424 | -90.1% |
| Other amounts receivable | 41 | €5,651 | €7,618 | +€1,967 | +34.8% |
| Cash at bank and in hand | 54/58 | €36,429 | €37,703 | +€1,274 | +3.5% |
| Deferred charges and accrued income | 490/1 | €217 | €750 | +€533 | +245.6% |
| Total equity and liabilities | 10/49 | €80,653 | €83,197 | +€2,544 | +3.2% |
| Equity | 10/15 | €54,626 | €70,318 | +€15,692 | +28.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,760 | €63,360 | +€15,600 | +32.7% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €47,460 | €63,060 | +€15,600 | +32.9% |
| Profit (loss) carried forward | 14 | €666 | €758 | +€92 | +13.8% |
| Amounts payable | 17/49 | €26,027 | €12,879 | -€13,148 | -50.5% |
| Amounts payable after more than one year | 17 | €894 | - | -€894 | |
| Financial debts | 170/4 | €894 | - | -€894 | |
| Amounts payable within one year | 42/48 | €25,133 | €12,129 | -€13,004 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €5,209 | €894 | -€4,315 | -82.8% |
| Trade debts | 44 | €2,323 | €2,771 | +€448 | +19.3% |
| Suppliers | 440/4 | €2,323 | €2,771 | +€448 | +19.3% |
| Advances received on contracts in progress | 46 | €6,675 | - | -€6,675 | |
| Taxes, remuneration and social security | 45 | €5,926 | €4,687 | -€1,239 | -20.9% |
| Taxes | 450/3 | €5,926 | €4,687 | -€1,239 | -20.9% |
| Other amounts payable | 47/48 | €5,000 | €3,777 | -€1,223 | -24.5% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,969 | €8,570 | +€601 | +7.5% |
| Other operating charges | 640/8 | €765 | €1,977 | +€1,212 | +158.4% |
| Gross operating margin | 9900 | €15,793 | €31,832 | +€16,039 | +101.6% |
| Operating profit (loss) | 9901 | €7,059 | €21,285 | +€14,226 | +201.5% |
| Financial income | 75/76B | €247 | €1,675 | +€1,428 | +578.1% |
| Recurring financial income | 75 | €247 | €1,675 | +€1,428 | +578.1% |
| Financial charges | 65/66B | €574 | €424 | -€150 | -26.1% |
| Recurring financial charges | 65 | €574 | €424 | -€150 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €6,732 | €22,536 | +€15,804 | +234.8% |
| Income taxes | 67/77 | €2,506 | €6,844 | +€4,338 | +173.1% |
| Profit (loss) for the period | 9904 | €4,226 | €15,692 | +€11,466 | +271.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,226 | €15,692 | +€11,466 | +271.3% |
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.