DN CONCEPT: 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 CONCEPT
Largest movements
- Cash +€62,552
up €62,552 (+62.0%), from €100,951 to €163,504
mainly Net result for the year (+€39,340) and Depreciation (+€19,691)
- Tangible fixed assets -€19,691
down €19,691 (-47.8%), from €41,220 to €21,528
of which Furniture and vehicles: -€17,992
- Receivables within one year -€6,185
down €6,185 (-48.6%), from €12,736 to €6,551
of which Other amounts receivable: -€6,498
- Reserves +€34,545
up €34,545 (+30.3%), from €113,860 to €148,405
- Profit (loss) carried forward +€2,795
up €2,795 (+8.3%), from €33,563 to €36,358
- Turnover -€176,548
no longer reported in 2025 (was €176,548)
- Gross operating margin +€34,231
up €34,231 (+77.8%), from €44,015 to €78,246
- Taxes +€8,909
up €8,909 (+93.0%), from €9,583 to €18,492
- Purchases and services -€7,039
down €7,039 (-5.3%), from €132,533 to €125,494
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 | €156,744 | €193,038 | +€36,293 | +23.2% |
| Fixed assets | 21/28 | €41,220 | €21,528 | -€19,691 | -47.8% |
| Tangible fixed assets | 22/27 | €41,220 | €21,528 | -€19,691 | -47.8% |
| Plant, machinery and equipment | 23 | €6,307 | €4,608 | -€1,699 | -26.9% |
| Furniture and vehicles | 24 | €34,912 | €16,920 | -€17,992 | -51.5% |
| Current assets | 29/58 | €115,525 | €171,509 | +€55,985 | +48.5% |
| Amounts receivable within one year | 40/41 | €12,736 | €6,551 | -€6,185 | -48.6% |
| Trade receivables | 40 | €5,347 | €5,661 | +€313 | +5.9% |
| Other amounts receivable | 41 | €7,388 | €890 | -€6,498 | -88.0% |
| Cash at bank and in hand | 54/58 | €100,951 | €163,504 | +€62,552 | +62.0% |
| Deferred charges and accrued income | 490/1 | €1,838 | €1,455 | -€383 | -20.8% |
| Total equity and liabilities | 10/49 | €156,744 | €193,038 | +€36,293 | +23.2% |
| Equity | 10/15 | €147,423 | €184,764 | +€37,340 | +25.3% |
| Reserves | 13 | €113,860 | €148,405 | +€34,545 | +30.3% |
| Distributable reserves | 133 | €113,860 | €148,405 | +€34,545 | +30.3% |
| Profit (loss) carried forward | 14 | €33,563 | €36,358 | +€2,795 | +8.3% |
| Amounts payable | 17/49 | €9,321 | €8,274 | -€1,047 | -11.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €9,321 | €8,274 | -€1,047 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €1,555 | - | -€1,555 | |
| Trade debts | 44 | €2,589 | €947 | -€1,643 | -63.4% |
| Suppliers | 440/4 | €2,589 | €947 | -€1,643 | -63.4% |
| Taxes, remuneration and social security | 45 | €4,419 | €5,928 | +€1,508 | +34.1% |
| Taxes | 450/3 | €2,226 | €5,928 | +€3,701 | +166.3% |
| Remuneration and social security | 454/9 | €2,193 | - | -€2,193 | |
| Other amounts payable | 47/48 | €757 | €1,400 | +€643 | +84.9% |
| Turnover | 70 | €176,548 | - | -€176,548 | |
| Goods, raw materials, services and sundry goods | 60/61 | €132,533 | €125,494 | -€7,039 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,401 | €19,691 | +€290 | +1.5% |
| Other operating charges | 640/8 | €1,720 | €998 | -€723 | -42.0% |
| Gross operating margin | 9900 | €44,015 | €78,246 | +€34,231 | +77.8% |
| Operating profit (loss) | 9901 | €22,894 | €57,557 | +€34,664 | +151.4% |
| Financial income | 75/76B | €0 | €552 | +€551 | +919116.7% |
| Recurring financial income | 75 | €0 | €552 | +€551 | +919116.7% |
| Financial charges | 65/66B | €58 | €277 | +€219 | +375.4% |
| Recurring financial charges | 65 | €58 | €277 | +€219 | +375.4% |
| Profit (loss) for the period before taxes | 9903 | €22,836 | €57,832 | +€34,997 | +153.3% |
| Income taxes | 67/77 | €9,583 | €18,492 | +€8,909 | +93.0% |
| Profit (loss) for the period | 9904 | €13,252 | €39,340 | +€26,088 | +196.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,252 | €39,340 | +€26,088 | +196.9% |
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 9 October 2026 via checked.be.