DK MGMT: 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 MGMT
Largest movements
- Current investments +€140,000
up €140,000 (+93.3%), from €150,000 to €290,000
- Cash +€26,731
up €26,731 (+36.1%), from €73,952 to €100,683
mainly Net result for the year (+€137,346) and Tax, wage and social debts (+€24,810)
- Reserves +€137,346
up €137,346 (+74.4%), from €184,658 to €322,004
- Tax, wage and social debts +€24,810
up €24,810 (+40.4%), from €61,443 to €86,253
- Gross operating margin +€22,048
up €22,048 (+13.8%), from €160,081 to €182,129
- Taxes +€6,035
up €6,035 (+17.4%), from €34,683 to €40,718
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 | €249,267 | €412,749 | +€163,481 | +65.6% |
| Fixed assets | 21/28 | €3,907 | €2,994 | -€913 | -23.4% |
| Tangible fixed assets | 22/27 | €3,907 | €2,994 | -€913 | -23.4% |
| Land and buildings | 22 | €3,413 | €2,994 | -€419 | -12.3% |
| Furniture and vehicles | 24 | €493 | €0 | -€493 | -100.0% |
| Current assets | 29/58 | €245,361 | €409,755 | +€164,394 | +67.0% |
| Amounts receivable within one year | 40/41 | €20,161 | €17,817 | -€2,344 | -11.6% |
| Trade receivables | 40 | €19,213 | €17,817 | -€1,395 | -7.3% |
| Other amounts receivable | 41 | €949 | €0 | -€949 | -100.0% |
| Current investments | 50/53 | €150,000 | €290,000 | +€140,000 | +93.3% |
| Cash at bank and in hand | 54/58 | €73,952 | €100,683 | +€26,731 | +36.1% |
| Deferred charges and accrued income | 490/1 | €1,248 | €1,255 | +€7 | +0.6% |
| Total equity and liabilities | 10/49 | €249,267 | €412,749 | +€163,481 | +65.6% |
| Equity | 10/15 | €187,658 | €325,004 | +€137,346 | +73.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €184,658 | €322,004 | +€137,346 | +74.4% |
| Distributable reserves | 133 | €184,658 | €322,004 | +€137,346 | +74.4% |
| Amounts payable | 17/49 | €61,610 | €87,745 | +€26,135 | +42.4% |
| Amounts payable within one year | 42/48 | €61,610 | €87,256 | +€25,646 | +41.6% |
| Trade debts | 44 | €167 | €909 | +€742 | +444.5% |
| Suppliers | 440/4 | €167 | €909 | +€742 | +444.5% |
| Taxes, remuneration and social security | 45 | €61,443 | €86,253 | +€24,810 | +40.4% |
| Taxes | 450/3 | €61,443 | €86,253 | +€24,810 | +40.4% |
| Other amounts payable | 47/48 | €0 | €94 | +€94 | |
| Accrued charges and deferred income | 492/3 | €0 | €489 | +€489 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €941 | €913 | -€28 | -3.0% |
| Other operating charges | 640/8 | €171 | €721 | +€550 | +321.4% |
| Gross operating margin | 9900 | €160,081 | €182,129 | +€22,048 | +13.8% |
| Operating profit (loss) | 9901 | €158,969 | €180,496 | +€21,527 | +13.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +8100.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +8100.0% |
| Financial charges | 65/66B | €2,859 | €2,433 | -€426 | -14.9% |
| Recurring financial charges | 65 | €2,859 | €2,433 | -€426 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €156,110 | €178,064 | +€21,954 | +14.1% |
| Income taxes | 67/77 | €34,683 | €40,718 | +€6,035 | +17.4% |
| Profit (loss) for the period | 9904 | €121,427 | €137,346 | +€15,919 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €121,427 | €137,346 | +€15,919 | +13.1% |
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.