DKN 2: 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.
DKN 2
Largest movements
- Receivables within one year +€183,421
up €183,421 (+40.2%), from €456,382 to €639,803
of which Other amounts receivable: +€149,957
- Cash -€17,783
down €17,783 (-65.1%), from €27,297 to €9,514
mainly Receivables within one year (-€183,421) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets +€10,992
up €10,992 (+11.7%), from €94,053 to €105,045
of which Other tangible fixed assets: +€11,849
- Deferred charges and accrued income -€9,797
down €9,797 (-43.2%), from €22,684 to €12,887
- Other debts +€71,313
up €71,313 (+52.6%), from €135,486 to €206,799
- Reserves +€51,626
up €51,626 (+32.5%), from €158,705 to €210,331
of which Distributable reserves: +€51,626
- Tax, wage and social debts +€24,019
up €24,019 (+36.8%), from €65,264 to €89,283
of which Taxes: +€25,337
- Short-term financial debts +€13,281
up €13,281 (+102.8%), from €12,923 to €26,204
- Gross operating margin +€38,837
up €38,837 (+5.8%), from €667,547 to €706,384
- Staff costs -€27,299
down €27,299 (-5.3%), from €516,579 to €489,280
- Taxes +€19,230
up €19,230 (+763.7%), from €2,518 to €21,748
- Other operating charges -€9,031
down €9,031 (-53.6%), from €16,840 to €7,809
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €612,393 | €774,176 | +€161,783 | +26.4% |
| Fixed assets | 21/28 | €94,823 | €105,815 | +€10,992 | +11.6% |
| Tangible fixed assets | 22/27 | €94,053 | €105,045 | +€10,992 | +11.7% |
| Plant, machinery and equipment | 23 | €27,257 | €30,288 | +€3,031 | +11.1% |
| Furniture and vehicles | 24 | €18,127 | €14,239 | -€3,888 | -21.5% |
| Other tangible fixed assets | 26 | €48,669 | €60,518 | +€11,849 | +24.3% |
| Financial fixed assets | 28 | €770 | €770 | = | 0.0% |
| Current assets | 29/58 | €517,570 | €668,361 | +€150,791 | +29.1% |
| Stocks and contracts in progress | 3 | €11,207 | €6,157 | -€5,050 | -45.1% |
| Stocks | 30/36 | €11,207 | €6,157 | -€5,050 | -45.1% |
| Amounts receivable within one year | 40/41 | €456,382 | €639,803 | +€183,421 | +40.2% |
| Trade receivables | 40 | €64,740 | €98,204 | +€33,464 | +51.7% |
| Other amounts receivable | 41 | €391,642 | €541,599 | +€149,957 | +38.3% |
| Cash at bank and in hand | 54/58 | €27,297 | €9,514 | -€17,783 | -65.1% |
| Deferred charges and accrued income | 490/1 | €22,684 | €12,887 | -€9,797 | -43.2% |
| Total equity and liabilities | 10/49 | €612,393 | €774,176 | +€161,783 | +26.4% |
| Equity | 10/15 | €220,705 | €272,331 | +€51,626 | +23.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €158,705 | €210,331 | +€51,626 | +32.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €152,505 | €204,131 | +€51,626 | +33.9% |
| Amounts payable | 17/49 | €391,688 | €501,845 | +€110,157 | +28.1% |
| Amounts payable within one year | 42/48 | €364,952 | €477,454 | +€112,502 | +30.8% |
| Financial debts | 43 | €12,923 | €26,204 | +€13,281 | +102.8% |
| Credit institutions | 430/8 | €12,923 | €26,204 | +€13,281 | +102.8% |
| Trade debts | 44 | €151,279 | €155,168 | +€3,888 | +2.6% |
| Suppliers | 440/4 | €151,279 | €155,168 | +€3,888 | +2.6% |
| Taxes, remuneration and social security | 45 | €65,264 | €89,283 | +€24,019 | +36.8% |
| Taxes | 450/3 | €19,702 | €45,040 | +€25,337 | +128.6% |
| Remuneration and social security | 454/9 | €45,561 | €44,243 | -€1,318 | -2.9% |
| Other amounts payable | 47/48 | €135,486 | €206,799 | +€71,313 | +52.6% |
| Accrued charges and deferred income | 492/3 | €26,736 | €24,391 | -€2,345 | -8.8% |
| Non-recurring operating income | 76A | €3,000 | - | -€3,000 | |
| Remuneration, social security and pensions | 62 | €516,579 | €489,280 | -€27,299 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,075 | €25,153 | +€3,078 | +13.9% |
| Other operating charges | 640/8 | €16,840 | €7,809 | -€9,031 | -53.6% |
| Gross operating margin | 9900 | €667,547 | €706,384 | +€38,837 | +5.8% |
| Operating profit (loss) | 9901 | €112,053 | €184,142 | +€72,089 | +64.3% |
| Financial income | 75/76B | €454 | €1,664 | +€1,210 | +266.6% |
| Recurring financial income | 75 | €454 | €1,664 | +€1,210 | +266.6% |
| Financial charges | 65/66B | €15,869 | €12,432 | -€3,438 | -21.7% |
| Recurring financial charges | 65 | €15,869 | €12,432 | -€3,438 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €96,637 | €173,374 | +€76,737 | +79.4% |
| Income taxes | 67/77 | €2,518 | €21,748 | +€19,230 | +763.7% |
| Profit (loss) for the period | 9904 | €94,119 | €151,626 | +€57,507 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €94,119 | €151,626 | +€57,507 | +61.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.