DKRS: 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.
DKRS
Largest movements
- Receivables within one year +€52,415
up €52,415 (+163.5%), from €32,060 to €84,475
of which Other amounts receivable: +€61,970
- Cash -€26,557
down €26,557 (-42.7%), from €62,241 to €35,684
mainly Contributions, distributions and other (-€64,836) and Receivables within one year (-€52,415)
- Other debts +€20,139
up €20,139 (+55.0%), from €36,615 to €56,754
- Reserves +€13,425
up €13,425 (+20.7%), from €64,836 to €78,260
- Debts after one year -€9,852
down €9,852 (-29.1%), from €33,894 to €24,042
- Short-term financial debts +€4,456
up €4,456 (+426.0%), from €1,046 to €5,503
- Tax, wage and social debts -€3,125
down €3,125 (-34.8%), from €8,985 to €5,860
of which Taxes: -€3,125
- Gross operating margin +€19,512
up €19,512 (+21.5%), from €90,905 to €110,417
- Taxes +€5,086
up €5,086 (+22.7%), from €22,437 to €27,522
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 | €174,858 | €202,188 | +€27,330 | +15.6% |
| Fixed assets | 21/28 | €79,630 | €80,022 | +€393 | +0.5% |
| Tangible fixed assets | 22/27 | €4,630 | €5,022 | +€393 | +8.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,630 | €5,022 | +€393 | +8.5% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €95,228 | €122,166 | +€26,937 | +28.3% |
| Stocks and contracts in progress | 3 | €431 | €431 | = | 0.0% |
| Stocks | 30/36 | €431 | €431 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,060 | €84,475 | +€52,415 | +163.5% |
| Trade receivables | 40 | €29,757 | €20,202 | -€9,555 | -32.1% |
| Other amounts receivable | 41 | €2,303 | €64,273 | +€61,970 | +2691.3% |
| Cash at bank and in hand | 54/58 | €62,241 | €35,684 | -€26,557 | -42.7% |
| Deferred charges and accrued income | 490/1 | €497 | €1,576 | +€1,079 | +217.1% |
| Total equity and liabilities | 10/49 | €174,858 | €202,188 | +€27,330 | +15.6% |
| Equity | 10/15 | €83,436 | €96,860 | +€13,425 | +16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,836 | €78,260 | +€13,425 | +20.7% |
| Distributable reserves | 133 | €64,836 | €78,260 | +€13,425 | +20.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €91,422 | €105,328 | +€13,906 | +15.2% |
| Amounts payable after more than one year | 17 | €33,894 | €24,042 | -€9,852 | -29.1% |
| Financial debts | 170/4 | €33,894 | €24,042 | -€9,852 | -29.1% |
| Amounts payable within one year | 42/48 | €57,528 | €81,286 | +€23,758 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €9,375 | €9,852 | +€478 | +5.1% |
| Financial debts | 43 | €1,046 | €5,503 | +€4,456 | +426.0% |
| Other loans | 439 | €1,046 | €5,503 | +€4,456 | +426.0% |
| Trade debts | 44 | €1,507 | €3,317 | +€1,810 | +120.1% |
| Suppliers | 440/4 | €1,507 | €3,317 | +€1,810 | +120.1% |
| Taxes, remuneration and social security | 45 | €8,985 | €5,860 | -€3,125 | -34.8% |
| Taxes | 450/3 | €8,985 | €5,860 | -€3,125 | -34.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €36,615 | €56,754 | +€20,139 | +55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,614 | €1,769 | -€846 | -32.4% |
| Other operating charges | 640/8 | €631 | €640 | +€8 | +1.3% |
| Gross operating margin | 9900 | €90,905 | €110,417 | +€19,512 | +21.5% |
| Operating profit (loss) | 9901 | €87,659 | €108,009 | +€20,350 | +23.2% |
| Financial income | 75/76B | €0 | €5 | +€5 | +22750.0% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +22750.0% |
| Financial charges | 65/66B | €1,993 | €2,231 | +€237 | +11.9% |
| Recurring financial charges | 65 | €1,993 | €2,231 | +€237 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €85,666 | €105,783 | +€20,117 | +23.5% |
| Income taxes | 67/77 | €22,437 | €27,522 | +€5,086 | +22.7% |
| Profit (loss) for the period | 9904 | €63,229 | €78,260 | +€15,031 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €63,229 | €78,260 | +€15,031 | +23.8% |
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 10 October 2026 via checked.be.