DKR Finance: what changed
DKR Finance
Largest movements
- Receivables within one year +€507,540
new in 2025: €507,540
of which Trade receivables: +€503,961
- Deferred charges and accrued income -€310,622
down €310,622 (-98.1%), from €316,676 to €6,054
- Intangible fixed assets -€147,033
down €147,033 (-11.8%), from €1.3m to €1.1m
- Other debts -€132,825
down €132,825 (-47.0%), from €282,825 to €150,000
- Trade debts +€122,737
up €122,737 (+1,473%), from €8,334 to €131,071
- Debts after one year -€109,124
down €109,124 (-11.7%), from €932,451 to €823,328
- Short-term financial debts +€103,245
up €103,245 (+120%), from €86,116 to €189,361
- Tax, wage and social debts +€64,668
up €64,668 (+48.2%), from €134,131 to €198,800
of which Taxes: +€60,961
- Gross operating margin -€379,503
down €379,503 (-33.4%), from €1.1m to €757,816
- Staff costs -€107,007
down €107,007 (-23.4%), from €456,573 to €349,567
- Depreciation -€72,863
down €72,863 (-32.8%), from €222,242 to €149,379
- Taxes -€46,746
down €46,746 (-43.4%), from €107,707 to €60,961
- Financial charges -€24,561
down €24,561 (-37.0%), from €66,350 to €41,789
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,571,297 | €1,623,241 | +€51,944 | +3.3% |
| Fixed assets | 21/28 | €1,254,621 | €1,109,647 | -€144,974 | -11.6% |
| Intangible fixed assets | 21 | €1,250,587 | €1,103,554 | -€147,033 | -11.8% |
| Tangible fixed assets | 22/27 | €4,034 | €6,093 | +€2,059 | +51.1% |
| Furniture and vehicles | 24 | €4,034 | €6,093 | +€2,059 | +51.1% |
| Current assets | 29/58 | €316,676 | €513,594 | +€196,918 | +62.2% |
| Amounts receivable within one year | 40/41 | - | €507,540 | +€507,540 | |
| Trade receivables | 40 | - | €503,961 | +€503,961 | |
| Other amounts receivable | 41 | - | €3,579 | +€3,579 | |
| Deferred charges and accrued income | 490/1 | €316,676 | €6,054 | -€310,622 | -98.1% |
| Total equity and liabilities | 10/49 | €1,571,297 | €1,623,241 | +€51,944 | +3.3% |
| Equity | 10/15 | €20,000 | €21,557 | +€1,557 | +7.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €1,557 | +€1,557 | |
| Distributable reserves | 133 | - | €1,557 | +€1,557 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,551,297 | €1,601,684 | +€50,387 | +3.2% |
| Amounts payable after more than one year | 17 | €932,451 | €823,328 | -€109,124 | -11.7% |
| Financial debts | 170/4 | €932,451 | €823,328 | -€109,124 | -11.7% |
| Amounts payable within one year | 42/48 | €617,216 | €778,356 | +€161,140 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €105,809 | €109,124 | +€3,314 | +3.1% |
| Financial debts | 43 | €86,116 | €189,361 | +€103,245 | +120% |
| Credit institutions | 430/8 | €86,116 | €189,361 | +€103,245 | +120% |
| Trade debts | 44 | €8,334 | €131,071 | +€122,737 | +1,473% |
| Suppliers | 440/4 | €8,334 | €131,071 | +€122,737 | +1,473% |
| Taxes, remuneration and social security | 45 | €134,131 | €198,800 | +€64,668 | +48.2% |
| Taxes | 450/3 | €107,707 | €168,668 | +€60,961 | +56.6% |
| Remuneration and social security | 454/9 | €26,424 | €30,132 | +€3,708 | +14.0% |
| Other amounts payable | 47/48 | €282,825 | €150,000 | -€132,825 | -47.0% |
| Accrued charges and deferred income | 492/3 | €1,629 | €0 | -€1,629 | -100% |
| Remuneration, social security and pensions | 62 | €456,573 | €349,567 | -€107,007 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222,242 | €149,379 | -€72,863 | -32.8% |
| Other operating charges | 640/8 | €1,643 | €4,585 | +€2,942 | +179% |
| Gross operating margin | 9900 | €1,137,319 | €757,816 | -€379,503 | -33.4% |
| Operating profit (loss) | 9901 | €456,861 | €254,286 | -€202,575 | -44.3% |
| Financial income | 75/76B | €1 | €22 | +€21 | +3,612% |
| Recurring financial income | 75 | €1 | €22 | +€21 | +3,612% |
| Financial charges | 65/66B | €66,350 | €41,789 | -€24,561 | -37.0% |
| Recurring financial charges | 65 | €66,350 | €41,789 | -€24,561 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €390,511 | €212,518 | -€177,993 | -45.6% |
| Income taxes | 67/77 | €107,707 | €60,961 | -€46,746 | -43.4% |
| Profit (loss) for the period | 9904 | €282,804 | €151,557 | -€131,247 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €282,804 | €151,557 | -€131,247 | -46.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.