DKNI: 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.
DKNI
Largest movements
- Financial fixed assets -€362,000
down €362,000 (-100.0%), from €362,000 to €0
- Receivables within one year -€103,186
down €103,186 (-58.9%), from €175,145 to €71,959
of which Trade receivables: -€102,850
- Receivables after one year -€52,233
down €52,233 (-100.0%), from €52,233 to €0
- Cash -€46,984
down €46,984 (-98.3%), from €47,800 to €817
mainly Net result for the year (-€604,294) and Provisions (-€96,137)
- Tangible fixed assets -€26,140
down €26,140 (-4.7%), from €555,319 to €529,179
of which Land and buildings: -€21,067
- Profit (loss) carried forward -€309,482
down €309,482, from €84,056 to -€225,426
- Reserves -€294,812
down €294,812 (-59.4%), from €496,047 to €201,235
of which Tax-exempt reserves: -€288,412
- Provisions -€96,137
down €96,137 (-100.0%), from €96,137 to €0
- Other debts +€75,910
up €75,910 (+2152.1%), from €3,527 to €79,437
- Tax, wage and social debts +€28,929
up €28,929 (+867.4%), from €3,335 to €32,264
- Financial charges +€483,703
up €483,703 (+3314.2%), from €14,595 to €498,298
of which Non-recurring financial charges: +€363,500
- Write-downs +€169,651
new in 2025: €169,651
- Taxes +€14,636
up €14,636 (+4721.6%), from €310 to €14,946
- Gross operating margin +€4,578
up €4,578 (+28.4%), from €16,101 to €20,679
- Financial income -€3,880
down €3,880 (-100.0%), from €3,881 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.
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 | €1,199,061 | €606,387 | -€592,675 | -49.4% |
| Fixed assets | 21/28 | €917,319 | €529,179 | -€388,140 | -42.3% |
| Tangible fixed assets | 22/27 | €555,319 | €529,179 | -€26,140 | -4.7% |
| Land and buildings | 22 | €503,657 | €482,590 | -€21,067 | -4.2% |
| Plant, machinery and equipment | 23 | €2,460 | €1,755 | -€705 | -28.6% |
| Furniture and vehicles | 24 | €44,151 | €40,427 | -€3,723 | -8.4% |
| Other tangible fixed assets | 26 | €5,052 | €4,406 | -€646 | -12.8% |
| Financial fixed assets | 28 | €362,000 | €0 | -€362,000 | -100.0% |
| Current assets | 29/58 | €281,743 | €77,208 | -€204,535 | -72.6% |
| Amounts receivable after more than one year | 29 | €52,233 | €0 | -€52,233 | -100.0% |
| Other amounts receivable | 291 | €52,233 | €0 | -€52,233 | -100.0% |
| Amounts receivable within one year | 40/41 | €175,145 | €71,959 | -€103,186 | -58.9% |
| Trade receivables | 40 | €170,119 | €67,269 | -€102,850 | -60.5% |
| Other amounts receivable | 41 | €5,026 | €4,690 | -€336 | -6.7% |
| Cash at bank and in hand | 54/58 | €47,800 | €817 | -€46,984 | -98.3% |
| Deferred charges and accrued income | 490/1 | €6,564 | €4,433 | -€2,132 | -32.5% |
| Total equity and liabilities | 10/49 | €1,199,061 | €606,387 | -€592,675 | -49.4% |
| Equity | 10/15 | €642,103 | €37,810 | -€604,294 | -94.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €496,047 | €201,235 | -€294,812 | -59.4% |
| Tax-exempt reserves | 132 | €288,412 | €0 | -€288,412 | -100.0% |
| Distributable reserves | 133 | €207,635 | €201,235 | -€6,400 | -3.1% |
| Profit (loss) carried forward | 14 | €84,056 | -€225,426 | -€309,482 | |
| Provisions and deferred taxes | 16 | €96,137 | €0 | -€96,137 | -100.0% |
| Deferred taxes | 168 | €96,137 | €0 | -€96,137 | -100.0% |
| Amounts payable | 17/49 | €460,821 | €568,577 | +€107,756 | +23.4% |
| Amounts payable after more than one year | 17 | €314,328 | €306,265 | -€8,063 | -2.6% |
| Financial debts | 170/4 | €314,328 | €306,265 | -€8,063 | -2.6% |
| Amounts payable within one year | 42/48 | €146,493 | €262,312 | +€115,819 | +79.1% |
| Current portion of amounts payable after more than one year | 42 | €7,744 | €8,063 | +€319 | +4.1% |
| Financial debts | 43 | €128,493 | €131,639 | +€3,146 | +2.4% |
| Other loans | 439 | €128,493 | €131,639 | +€3,146 | +2.4% |
| Trade debts | 44 | €3,394 | €10,909 | +€7,516 | +221.5% |
| Suppliers | 440/4 | €3,394 | €10,909 | +€7,516 | +221.5% |
| Taxes, remuneration and social security | 45 | €3,335 | €32,264 | +€28,929 | +867.4% |
| Taxes | 450/3 | €3,335 | €32,264 | +€28,929 | +867.4% |
| Other amounts payable | 47/48 | €3,527 | €79,437 | +€75,910 | +2152.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,293 | €34,762 | -€3,532 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €169,651 | +€169,651 | |
| Other operating charges | 640/8 | €6,518 | €3,453 | -€3,065 | -47.0% |
| Gross operating margin | 9900 | €16,101 | €20,679 | +€4,578 | +28.4% |
| Operating profit (loss) | 9901 | -€28,710 | -€187,187 | -€158,477 | -552.0% |
| Financial income | 75/76B | €3,881 | €0 | -€3,880 | -100.0% |
| Recurring financial income | 75 | €3,881 | €0 | -€3,880 | -100.0% |
| Financial charges | 65/66B | €14,595 | €498,298 | +€483,703 | +3314.2% |
| Recurring financial charges | 65 | €14,595 | €134,798 | +€120,203 | +823.6% |
| Non-recurring financial charges | 66B | - | €363,500 | +€363,500 | |
| Profit (loss) for the period before taxes | 9903 | -€39,424 | -€685,485 | -€646,061 | -1638.7% |
| Transfer from deferred taxes | 780 | €1,597 | €96,137 | +€94,540 | +5920.4% |
| Income taxes | 67/77 | €310 | €14,946 | +€14,636 | +4721.6% |
| Profit (loss) for the period | 9904 | -€38,138 | -€604,294 | -€566,156 | -1484.5% |
| Transfer from tax-exempt reserves | 789 | €4,791 | €288,412 | +€283,621 | +5920.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,347 | -€315,882 | -€282,535 | -847.3% |
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 3 October 2026 via checked.be.