DK Project: 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 Project
Largest movements
- Cash +€17,141
up €17,141 (+51.5%), from €33,254 to €50,395
mainly Receivables within one year (+€11,284) and Depreciation (+€9,288)
- Receivables within one year -€11,284
down €11,284 (-82.8%), from €13,627 to €2,342
of which Trade receivables: -€8,351
- Tangible fixed assets -€7,266
down €7,266 (-20.5%), from €35,498 to €28,232
of which Furniture and vehicles: -€7,261
- Debts after one year -€6,932
down €6,932 (-39.6%), from €17,486 to €10,554
- Reserves +€3,467
up €3,467 (+16.0%), from €21,632 to €25,099
- Trade debts +€1,770
up €1,770 (+506.2%), from €350 to €2,120
- Gross operating margin -€5,434
down €5,434 (-22.9%), from €23,711 to €18,277
- Taxes -€1,861
down €1,861 (-38.5%), from €4,838 to €2,977
- Financial charges -€603
down €603 (-37.7%), from €1,598 to €995
- Other operating charges +€378
up €378 (+43.1%), from €879 to €1,257
- Financial income +€289
up €289 (+67.8%), from €426 to €715
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 | €84,339 | €82,944 | -€1,395 | -1.7% |
| Fixed assets | 21/28 | €35,498 | €28,232 | -€7,266 | -20.5% |
| Tangible fixed assets | 22/27 | €35,498 | €28,232 | -€7,266 | -20.5% |
| Land and buildings | 22 | €4,350 | €3,860 | -€490 | -11.3% |
| Plant, machinery and equipment | 23 | €1,885 | €2,370 | +€485 | +25.7% |
| Furniture and vehicles | 24 | €29,263 | €22,002 | -€7,261 | -24.8% |
| Current assets | 29/58 | €48,841 | €54,711 | +€5,870 | +12.0% |
| Amounts receivable within one year | 40/41 | €13,627 | €2,342 | -€11,284 | -82.8% |
| Trade receivables | 40 | €8,351 | €0 | -€8,351 | -100.0% |
| Other amounts receivable | 41 | €5,276 | €2,342 | -€2,933 | -55.6% |
| Cash at bank and in hand | 54/58 | €33,254 | €50,395 | +€17,141 | +51.5% |
| Deferred charges and accrued income | 490/1 | €1,960 | €1,974 | +€13 | +0.7% |
| Total equity and liabilities | 10/49 | €84,339 | €82,944 | -€1,395 | -1.7% |
| Equity | 10/15 | €56,817 | €60,284 | +€3,467 | +6.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €21,632 | €25,099 | +€3,467 | +16.0% |
| Distributable reserves | 133 | €21,632 | €25,099 | +€3,467 | +16.0% |
| Profit (loss) carried forward | 14 | €32,184 | €32,184 | = | 0.0% |
| Amounts payable | 17/49 | €27,523 | €22,660 | -€4,863 | -17.7% |
| Amounts payable after more than one year | 17 | €17,486 | €10,554 | -€6,932 | -39.6% |
| Financial debts | 170/4 | €17,486 | €10,554 | -€6,932 | -39.6% |
| Amounts payable within one year | 42/48 | €10,037 | €12,106 | +€2,069 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €7,274 | €6,932 | -€342 | -4.7% |
| Trade debts | 44 | €350 | €2,120 | +€1,770 | +506.2% |
| Suppliers | 440/4 | €350 | €2,120 | +€1,770 | +506.2% |
| Taxes, remuneration and social security | 45 | €2,413 | €3,054 | +€641 | +26.6% |
| Taxes | 450/3 | €2,413 | €3,054 | +€641 | +26.6% |
| Non-recurring operating income | 76A | €127 | €0 | -€127 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,476 | €9,288 | -€188 | -2.0% |
| Other operating charges | 640/8 | €879 | €1,257 | +€378 | +43.1% |
| Non-recurring operating charges | 66A | - | €1,009 | +€1,009 | |
| Gross operating margin | 9900 | €23,711 | €18,277 | -€5,434 | -22.9% |
| Operating profit (loss) | 9901 | €13,356 | €6,724 | -€6,633 | -49.7% |
| Financial income | 75/76B | €426 | €715 | +€289 | +67.8% |
| Recurring financial income | 75 | €426 | €715 | +€289 | +67.8% |
| Financial charges | 65/66B | €1,598 | €995 | -€603 | -37.7% |
| Recurring financial charges | 65 | €1,598 | €995 | -€603 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €12,185 | €6,444 | -€5,741 | -47.1% |
| Income taxes | 67/77 | €4,838 | €2,977 | -€1,861 | -38.5% |
| Profit (loss) for the period | 9904 | €7,347 | €3,467 | -€3,880 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,347 | €3,467 | -€3,880 | -52.8% |
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 8 October 2026 via checked.be.