DKGE: 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.
DKGE
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets +€15,969
up €15,969 (+14.2%), from €112,746 to €128,715
of which Land and buildings: +€97,511
- Cash +€14,319
up €14,319 (+4.9%), from €294,401 to €308,720
mainly Net result for the year (+€127,478) and Other debts (+€64,957)
- Other debts +€64,957
up €64,957 (+293%), from €22,157 to €87,114
- Reserves +€21,354
up €21,354 (+7.3%), from €292,139 to €313,493
- Debts after one year -€9,702
down €9,702 (-20.0%), from €48,628 to €38,926
- Tax, wage and social debts +€8,281
up €8,281 (+60.7%), from €13,639 to €21,920
- Gross operating margin +€34,461
up €34,461 (+22.5%), from €152,905 to €187,366
- Taxes +€11,388
up €11,388 (+26.7%), from €42,591 to €53,979
- Financial income +€3,182
up €3,182 (+1,756%), from €181 to €3,363
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.
Derived cash bridge
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 | €413,719 | €497,489 | +€83,770 | +20.2% |
| Fixed assets | 21/28 | €112,746 | €128,715 | +€15,969 | +14.2% |
| Tangible fixed assets | 22/27 | €112,746 | €128,715 | +€15,969 | +14.2% |
| Land and buildings | 22 | €12,115 | €109,625 | +€97,511 | +805% |
| Furniture and vehicles | 24 | €2,621 | €3,041 | +€419 | +16.0% |
| Other tangible fixed assets | 26 | - | €16,049 | +€16,049 | |
| Assets under construction and advance payments | 27 | €98,010 | - | -€98,010 | |
| Current assets | 29/58 | €300,973 | €368,774 | +€67,801 | +22.5% |
| Amounts receivable within one year | 40/41 | - | €3,884 | +€3,884 | |
| Trade receivables | 40 | - | €3,884 | +€3,884 | |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €294,401 | €308,720 | +€14,319 | +4.9% |
| Deferred charges and accrued income | 490/1 | €6,572 | €6,170 | -€403 | -6.1% |
| Total equity and liabilities | 10/49 | €413,719 | €497,489 | +€83,770 | +20.2% |
| Equity | 10/15 | €313,510 | €334,864 | +€21,354 | +6.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €292,139 | €313,493 | +€21,354 | +7.3% |
| Distributable reserves | 133 | €292,139 | €313,493 | +€21,354 | +7.3% |
| Profit (loss) carried forward | 14 | €8,971 | €8,971 | = | 0.0% |
| Amounts payable | 17/49 | €100,209 | €162,625 | +€62,416 | +62.3% |
| Amounts payable after more than one year | 17 | €48,628 | €38,926 | -€9,702 | -20.0% |
| Financial debts | 170/4 | €48,628 | €38,926 | -€9,702 | -20.0% |
| Amounts payable within one year | 42/48 | €51,581 | €123,621 | +€72,041 | +140% |
| Current portion of amounts payable after more than one year | 42 | €9,338 | €9,702 | +€364 | +3.9% |
| Trade debts | 44 | €6,448 | €4,885 | -€1,562 | -24.2% |
| Suppliers | 440/4 | €6,448 | €4,885 | -€1,562 | -24.2% |
| Taxes, remuneration and social security | 45 | €13,639 | €21,920 | +€8,281 | +60.7% |
| Taxes | 450/3 | €13,639 | €21,920 | +€8,281 | +60.7% |
| Other amounts payable | 47/48 | €22,157 | €87,114 | +€64,957 | +293% |
| Accrued charges and deferred income | 492/3 | €0 | €78 | +€77 | +33,635% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,746 | €4,732 | +€987 | +26.3% |
| Other operating charges | 640/8 | €3,608 | €2,121 | -€1,487 | -41.2% |
| Gross operating margin | 9900 | €152,905 | €187,366 | +€34,461 | +22.5% |
| Operating profit (loss) | 9901 | €145,551 | €180,512 | +€34,961 | +24.0% |
| Financial income | 75/76B | €181 | €3,363 | +€3,182 | +1,756% |
| Recurring financial income | 75 | €181 | €3,363 | +€3,182 | +1,756% |
| Financial charges | 65/66B | €3,899 | €2,419 | -€1,480 | -38.0% |
| Recurring financial charges | 65 | €3,899 | €2,419 | -€1,480 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €141,834 | €181,457 | +€39,623 | +27.9% |
| Income taxes | 67/77 | €42,591 | €53,979 | +€11,388 | +26.7% |
| Profit (loss) for the period | 9904 | €99,243 | €127,478 | +€28,235 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €99,243 | €127,478 | +€28,235 | +28.5% |
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 24 October 2026 via checked.be.