DN News: what changed
DN News
Largest movements
- Stocks and contracts +€13,333
up €13,333 (+13.9%), from €96,186 to €109,519
- Cash +€5,603
up €5,603 (+30.9%), from €18,146 to €23,749
mainly Net result for the year (+€17,325) and Trade debts (+€15,654)
- Intangible fixed assets -€2,500
down €2,500 (-16.7%), from €15,000 to €12,500
- Tangible fixed assets +€2,471
up €2,471 (+313%), from €790 to €3,261
of which Other tangible fixed assets: +€1,833
- Reserves +€17,325
up €17,325 (+67.1%), from €25,812 to €43,137
- Trade debts +€15,654
up €15,654 (+46.1%), from €33,972 to €49,626
- Other debts -€13,361
down €13,361 (-25.4%), from €52,530 to €39,169
- Gross operating margin +€10,798
up €10,798 (+23.2%), from €46,530 to €57,327
- Taxes +€2,968
up €2,968 (+60.2%), from €4,930 to €7,898
- Other operating charges +€2,253
up €2,253 (+154%), from €1,463 to €3,716
- Staff costs -€1,641
down €1,641 (-6.8%), from €24,137 to €22,496
- Financial charges +€672
up €672 (+31.5%), from €2,134 to €2,806
of which Non-recurring financial charges: +€457
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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,499 | €151,031 | +€20,531 | +15.7% |
| Fixed assets | 21/28 | €15,995 | €15,966 | -€29 | -0.2% |
| Intangible fixed assets | 21 | €15,000 | €12,500 | -€2,500 | -16.7% |
| Tangible fixed assets | 22/27 | €790 | €3,261 | +€2,471 | +313% |
| Furniture and vehicles | 24 | €790 | €1,428 | +€638 | +80.7% |
| Other tangible fixed assets | 26 | - | €1,833 | +€1,833 | |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €114,504 | €135,065 | +€20,561 | +18.0% |
| Stocks and contracts in progress | 3 | €96,186 | €109,519 | +€13,333 | +13.9% |
| Stocks | 30/36 | €96,186 | €109,519 | +€13,333 | +13.9% |
| Amounts receivable within one year | 40/41 | €49 | €1,460 | +€1,411 | +2,864% |
| Trade receivables | 40 | - | €700 | +€700 | |
| Other amounts receivable | 41 | €49 | €760 | +€711 | +1,443% |
| Cash at bank and in hand | 54/58 | €18,146 | €23,749 | +€5,603 | +30.9% |
| Deferred charges and accrued income | 490/1 | €123 | €336 | +€213 | +173% |
| Total equity and liabilities | 10/49 | €130,499 | €151,031 | +€20,531 | +15.7% |
| Equity | 10/15 | €30,812 | €48,137 | +€17,325 | +56.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,812 | €43,137 | +€17,325 | +67.1% |
| Distributable reserves | 133 | €25,812 | €43,137 | +€17,325 | +67.1% |
| Amounts payable | 17/49 | €99,688 | €102,894 | +€3,206 | +3.2% |
| Amounts payable within one year | 42/48 | €99,688 | €102,894 | +€3,206 | +3.2% |
| Trade debts | 44 | €33,972 | €49,626 | +€15,654 | +46.1% |
| Suppliers | 440/4 | €33,972 | €49,626 | +€15,654 | +46.1% |
| Taxes, remuneration and social security | 45 | €13,186 | €14,099 | +€913 | +6.9% |
| Taxes | 450/3 | €9,710 | €8,760 | -€950 | -9.8% |
| Remuneration and social security | 454/9 | €3,475 | €5,339 | +€1,864 | +53.6% |
| Other amounts payable | 47/48 | €52,530 | €39,169 | -€13,361 | -25.4% |
| Remuneration, social security and pensions | 62 | €24,137 | €22,496 | -€1,641 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €3,086 | -€314 | -9.2% |
| Other operating charges | 640/8 | €1,463 | €3,716 | +€2,253 | +154% |
| Gross operating margin | 9900 | €46,530 | €57,327 | +€10,798 | +23.2% |
| Operating profit (loss) | 9901 | €17,529 | €28,029 | +€10,500 | +59.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,134 | €2,806 | +€672 | +31.5% |
| Recurring financial charges | 65 | €2,134 | €2,349 | +€215 | +10.1% |
| Non-recurring financial charges | 66B | - | €457 | +€457 | |
| Profit (loss) for the period before taxes | 9903 | €15,395 | €25,223 | +€9,828 | +63.8% |
| Income taxes | 67/77 | €4,930 | €7,898 | +€2,968 | +60.2% |
| Profit (loss) for the period | 9904 | €10,465 | €17,325 | +€6,861 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,465 | €17,325 | +€6,861 | +65.6% |
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 6 November 2026 via checked.be.