DK-Motive: 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-Motive
Largest movements
- Current investments +€170,000
new in 2026: €170,000
- Tangible fixed assets +€59,307
up €59,307 (+6.3%), from €943,820 to €1.0m
of which Assets under construction and advance payments: +€103,477
- Other debts +€595,960
up €595,960 (+74.4%), from €800,564 to €1.4m
- Debts after one year -€275,948
down €275,948 (-31.0%), from €891,573 to €615,624
- Reserves -€61,785
down €61,785 (-17.2%), from €359,585 to €297,800
- Current portion of long-term debt -€42,213
down €42,213 (-33.7%), from €125,274 to €83,061
- Gross operating margin -€85,858
down €85,858 (-74.7%), from €114,876 to €29,018
- Depreciation +€10,435
up €10,435 (+30.2%), from €34,538 to €44,973
- Taxes -€6,468
down €6,468 (-97.2%), from €6,652 to €183
- Financial income +€3,203
up €3,203 (+305,020%), from €1 to €3,204
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,280,166 | €2,494,806 | +€214,640 | +9.4% |
| Fixed assets | 21/28 | €1,967,695 | €2,019,002 | +€51,307 | +2.6% |
| Tangible fixed assets | 22/27 | €943,820 | €1,003,127 | +€59,307 | +6.3% |
| Land and buildings | 22 | €850,490 | €809,546 | -€40,945 | -4.8% |
| Plant, machinery and equipment | 23 | €2,240 | €1,954 | -€285 | -12.7% |
| Furniture and vehicles | 24 | €14,168 | €11,228 | -€2,940 | -20.8% |
| Assets under construction and advance payments | 27 | €76,922 | €180,400 | +€103,477 | +135% |
| Financial fixed assets | 28 | €1,023,874 | €1,015,874 | -€8,000 | -0.8% |
| Current assets | 29/58 | €312,471 | €475,804 | +€163,333 | +52.3% |
| Amounts receivable within one year | 40/41 | €277,632 | €253,533 | -€24,099 | -8.7% |
| Trade receivables | 40 | €32,260 | €18,150 | -€14,110 | -43.7% |
| Other amounts receivable | 41 | €245,372 | €235,383 | -€9,989 | -4.1% |
| Current investments | 50/53 | - | €170,000 | +€170,000 | |
| Cash at bank and in hand | 54/58 | €17,518 | €34,675 | +€17,157 | +97.9% |
| Deferred charges and accrued income | 490/1 | €17,321 | €17,595 | +€274 | +1.6% |
| Total equity and liabilities | 10/49 | €2,280,166 | €2,494,806 | +€214,640 | +9.4% |
| Equity | 10/15 | €378,185 | €316,400 | -€61,785 | -16.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €359,585 | €297,800 | -€61,785 | -17.2% |
| Distributable reserves | 133 | €359,585 | €297,800 | -€61,785 | -17.2% |
| Amounts payable | 17/49 | €1,901,980 | €2,178,406 | +€276,425 | +14.5% |
| Amounts payable after more than one year | 17 | €891,573 | €615,624 | -€275,948 | -31.0% |
| Financial debts | 170/4 | €891,573 | €615,624 | -€275,948 | -31.0% |
| Amounts payable within one year | 42/48 | €980,964 | €1,529,287 | +€548,322 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €125,274 | €83,061 | -€42,213 | -33.7% |
| Trade debts | 44 | €40,060 | €37,347 | -€2,713 | -6.8% |
| Suppliers | 440/4 | €40,060 | €37,347 | -€2,713 | -6.8% |
| Taxes, remuneration and social security | 45 | €15,067 | €12,355 | -€2,711 | -18.0% |
| Taxes | 450/3 | €7,867 | €9,955 | +€2,089 | +26.6% |
| Remuneration and social security | 454/9 | €7,200 | €2,400 | -€4,800 | -66.7% |
| Other amounts payable | 47/48 | €800,564 | €1,396,524 | +€595,960 | +74.4% |
| Accrued charges and deferred income | 492/3 | €29,443 | €33,495 | +€4,051 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,538 | €44,973 | +€10,435 | +30.2% |
| Other operating charges | 640/8 | €2,550 | €2,655 | +€105 | +4.1% |
| Gross operating margin | 9900 | €114,876 | €29,018 | -€85,858 | -74.7% |
| Operating profit (loss) | 9901 | €77,789 | -€18,610 | -€96,399 | |
| Financial income | 75/76B | €1 | €3,204 | +€3,203 | +305,020% |
| Recurring financial income | 75 | €1 | €3,204 | +€3,203 | +305,020% |
| Financial charges | 65/66B | €45,632 | €46,196 | +€564 | +1.2% |
| Recurring financial charges | 65 | €45,632 | €46,196 | +€564 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €32,158 | -€61,602 | -€93,760 | |
| Income taxes | 67/77 | €6,652 | €183 | -€6,468 | -97.2% |
| Profit (loss) for the period | 9904 | €25,507 | -€61,785 | -€87,292 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,507 | -€61,785 | -€87,292 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.