DN-A: 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.
DN-A
Largest movements
- Cash -€73,035
down €73,035 (-84.1%), from €86,807 to €13,771
mainly Other debts (-€28,255) and Tax, wage and social debts (-€20,932)
- Tangible fixed assets -€8,545
down €8,545 (-3.6%), from €238,915 to €230,370
- Other debts -€28,255
down €28,255 (-44.3%), from €63,766 to €35,510
- Tax, wage and social debts -€20,932
down €20,932 (-82.3%), from €25,429 to €4,497
of which Taxes: -€12,287
- Profit (loss) carried forward -€19,863
down €19,863 (-47.2%), from €42,087 to €22,224
- Debts after one year -€14,042
down €14,042 (-8.0%), from €176,274 to €162,232
- Gross operating margin -€51,273
down €51,273, from €46,160 to -€5,113
- Depreciation +€673
up €673 (+8.5%), from €7,872 to €8,545
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 | €338,963 | €257,925 | -€81,038 | -23.9% |
| Fixed assets | 21/28 | €238,915 | €230,370 | -€8,545 | -3.6% |
| Tangible fixed assets | 22/27 | €238,915 | €230,370 | -€8,545 | -3.6% |
| Land and buildings | 22 | €214,664 | €211,106 | -€3,558 | -1.7% |
| Furniture and vehicles | 24 | €5,727 | €3,704 | -€2,024 | -35.3% |
| Other tangible fixed assets | 26 | €18,523 | €15,561 | -€2,963 | -16.0% |
| Current assets | 29/58 | €100,048 | €27,555 | -€72,493 | -72.5% |
| Stocks and contracts in progress | 3 | €12,975 | €12,975 | = | 0.0% |
| Stocks | 30/36 | €12,975 | €12,975 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €266 | €808 | +€542 | +203.7% |
| Trade receivables | 40 | €266 | €808 | +€542 | +203.7% |
| Cash at bank and in hand | 54/58 | €86,807 | €13,771 | -€73,035 | -84.1% |
| Total equity and liabilities | 10/49 | €338,963 | €257,925 | -€81,038 | -23.9% |
| Equity | 10/15 | €50,147 | €30,284 | -€19,863 | -39.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,087 | €22,224 | -€19,863 | -47.2% |
| Amounts payable | 17/49 | €288,816 | €227,641 | -€61,175 | -21.2% |
| Amounts payable after more than one year | 17 | €176,274 | €162,232 | -€14,042 | -8.0% |
| Financial debts | 170/4 | €176,274 | €162,232 | -€14,042 | -8.0% |
| Amounts payable within one year | 42/48 | €112,541 | €65,409 | -€47,133 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €13,794 | €14,042 | +€249 | +1.8% |
| Trade debts | 44 | €9,554 | €11,360 | +€1,806 | +18.9% |
| Suppliers | 440/4 | €9,554 | €11,360 | +€1,806 | +18.9% |
| Taxes, remuneration and social security | 45 | €25,429 | €4,497 | -€20,932 | -82.3% |
| Taxes | 450/3 | €16,762 | €4,475 | -€12,287 | -73.3% |
| Remuneration and social security | 454/9 | €8,667 | €22 | -€8,645 | -99.8% |
| Other amounts payable | 47/48 | €63,766 | €35,510 | -€28,255 | -44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,872 | €8,545 | +€673 | +8.5% |
| Other operating charges | 640/8 | €1,634 | €1,559 | -€74 | -4.5% |
| Gross operating margin | 9900 | €46,160 | -€5,113 | -€51,273 | |
| Operating profit (loss) | 9901 | €36,654 | -€15,217 | -€51,871 | |
| Financial income | 75/76B | €24 | €10 | -€14 | -57.7% |
| Recurring financial income | 75 | €24 | €10 | -€14 | -57.7% |
| Financial charges | 65/66B | €4,182 | €4,148 | -€34 | -0.8% |
| Recurring financial charges | 65 | €4,182 | €4,148 | -€34 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €32,496 | -€19,355 | -€51,851 | |
| Income taxes | 67/77 | €413 | €508 | +€95 | +22.9% |
| Profit (loss) for the period | 9904 | €32,083 | -€19,863 | -€51,946 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,083 | -€19,863 | -€51,946 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.