DKN-Projects: 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-Projects
Largest movements
- Financial fixed assets +€600,000
up €600,000 (+4,000%), from €15,000 to €615,000
- Receivables within one year +€37,511
up €37,511 (+17.7%), from €212,217 to €249,728
of which Other amounts receivable: +€28,996
- Tangible fixed assets -€11,780
down €11,780 (-7.8%), from €150,699 to €138,919
of which Furniture and vehicles: -€6,400
- Debts after one year +€503,963
up €503,963 (+624%), from €80,747 to €584,709
- Current portion of long-term debt +€58,923
up €58,923 (+433%), from €13,603 to €72,526
- Reserves +€29,340
up €29,340 (+17.3%), from €169,995 to €199,335
of which Distributable reserves: +€29,340
- Other debts +€23,966
up €23,966 (+27.0%), from €88,691 to €112,656
- Financial charges +€10,519
up €10,519 (+368%), from €2,858 to €13,377
- Other operating charges -€8,662
down €8,662 (-92.3%), from €9,386 to €723
- Depreciation +€4,490
up €4,490 (+61.6%), from €7,290 to €11,780
- Gross operating margin +€1,090
up €1,090 (+1.6%), from €67,028 to €68,118
- Financial income -€732
down €732 (-100%), from €732 to €0
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 | €383,209 | €1,007,919 | +€624,710 | +163% |
| Fixed assets | 21/28 | €165,699 | €753,919 | +€588,220 | +355% |
| Tangible fixed assets | 22/27 | €150,699 | €138,919 | -€11,780 | -7.8% |
| Land and buildings | 22 | €102,993 | €99,573 | -€3,420 | -3.3% |
| Furniture and vehicles | 24 | €28,972 | €22,572 | -€6,400 | -22.1% |
| Other tangible fixed assets | 26 | €18,734 | €16,774 | -€1,960 | -10.5% |
| Financial fixed assets | 28 | €15,000 | €615,000 | +€600,000 | +4,000% |
| Current assets | 29/58 | €217,510 | €253,999 | +€36,490 | +16.8% |
| Amounts receivable within one year | 40/41 | €212,217 | €249,728 | +€37,511 | +17.7% |
| Trade receivables | 40 | €197 | €8,712 | +€8,515 | +4,312% |
| Other amounts receivable | 41 | €212,019 | €241,016 | +€28,996 | +13.7% |
| Cash at bank and in hand | 54/58 | €3,220 | €577 | -€2,644 | -82.1% |
| Deferred charges and accrued income | 490/1 | €2,073 | €3,695 | +€1,622 | +78.3% |
| Total equity and liabilities | 10/49 | €383,209 | €1,007,919 | +€624,710 | +163% |
| Equity | 10/15 | €189,995 | €219,335 | +€29,340 | +15.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €169,995 | €199,335 | +€29,340 | +17.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €167,995 | €197,335 | +€29,340 | +17.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €193,214 | €788,584 | +€595,370 | +308% |
| Amounts payable after more than one year | 17 | €80,747 | €584,709 | +€503,963 | +624% |
| Financial debts | 170/4 | €80,747 | €584,709 | +€503,963 | +624% |
| Amounts payable within one year | 42/48 | €112,467 | €201,557 | +€89,090 | +79.2% |
| Current portion of amounts payable after more than one year | 42 | €13,603 | €72,526 | +€58,923 | +433% |
| Financial debts | 43 | - | €1,682 | +€1,682 | |
| Credit institutions | 430/8 | - | €1,682 | +€1,682 | |
| Trade debts | 44 | €680 | €2,553 | +€1,873 | +276% |
| Suppliers | 440/4 | €680 | €2,553 | +€1,873 | +276% |
| Taxes, remuneration and social security | 45 | €9,493 | €12,139 | +€2,646 | +27.9% |
| Taxes | 450/3 | €9,493 | €12,139 | +€2,646 | +27.9% |
| Other amounts payable | 47/48 | €88,691 | €112,656 | +€23,966 | +27.0% |
| Accrued charges and deferred income | 492/3 | - | €2,318 | +€2,318 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,290 | €11,780 | +€4,490 | +61.6% |
| Other operating charges | 640/8 | €9,386 | €723 | -€8,662 | -92.3% |
| Gross operating margin | 9900 | €67,028 | €68,118 | +€1,090 | +1.6% |
| Operating profit (loss) | 9901 | €50,353 | €55,615 | +€5,262 | +10.4% |
| Financial income | 75/76B | €732 | €0 | -€732 | -100% |
| Recurring financial income | 75 | €732 | €0 | -€732 | -100% |
| Financial charges | 65/66B | €2,858 | €13,377 | +€10,519 | +368% |
| Recurring financial charges | 65 | €2,858 | €13,377 | +€10,519 | +368% |
| Profit (loss) for the period before taxes | 9903 | €48,227 | €42,238 | -€5,989 | -12.4% |
| Income taxes | 67/77 | €11,859 | €12,065 | +€206 | +1.7% |
| Profit (loss) for the period | 9904 | €36,368 | €30,173 | -€6,196 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,368 | €30,173 | -€6,196 | -17.0% |
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 31 October 2026 via checked.be.