DN Solutions: 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.
What changed
DN Solutions
NACE 26.200, Manufacture of computer, electronic and optical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€33,792
2024 · -€16,569+€50,360
Equity
€153,188
2024 · €161,297-€8,108
Cash
€38,128
2024 · €39,188-€1,060
Balance sheet total
€575,208
2024 · €575,022+€186
Largest movements
Assets
- Tangible fixed assets -€25,281
down €25,281 (-6.5%), from €389,157 to €363,876
- Receivables within one year +€12,807
up €12,807 (+53.5%), from €23,939 to €36,747
of which Trade receivables: +€20,109
- Deferred charges and accrued income +€10,220
up €10,220 (+626%), from €1,632 to €11,851
Equity and liabilities
- Debts after one year -€23,033
down €23,033 (-6.7%), from €344,129 to €321,097
of which Financial debts: -€23,033
- Other debts +€17,885
up €17,885 (+57.5%), from €31,093 to €48,978
- Tax, wage and social debts +€12,144
up €12,144 (+108%), from €11,280 to €23,425
of which Taxes: +€14,831
- Reserves -€8,108
down €8,108 (-5.2%), from €155,068 to €146,960
of which Distributable reserves: -€8,108
Income statement
- Gross operating margin +€39,847
up €39,847 (+72.0%), from €55,359 to €95,206
- Depreciation +€12,566
up €12,566 (+58.6%), from €21,457 to €34,022
- Taxes +€10,281
up €10,281 (+3,765%), from €273 to €10,554
- Financial charges +€3,524
up €3,524 (+31.6%), from €11,156 to €14,680
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.
Result 2024
-€16,569
Gross operating margin
+€39,847
Depreciation
-€12,566
Other operating charges
-€403
Other operating items
+€37,937
Financial income
-€652
Financial charges
-€3,524
Taxes
-€10,281
Result 2025
€33,792
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€75,280
Investment
-€12,242
Financing
-€64,098
Cash 2024
€39,188
From operations (derived)
+€75,280
Net result for the year
+€33,792
Depreciation
+€34,022
Receivables within one year
-€12,807
Deferred charges and accrued income
-€10,220
Trade debts
+€463
Tax, wage and social debts
+€12,144
Other debts
+€17,885
Investment (derived)
-€12,242
Investment in fixed assets (net)
-€8,742
Current investments
-€3,500
Financing
-€64,098
Debts after one year
-€23,033
Current portion of long-term debt
+€835
Contributions, distributions and other
-€41,900
Cash 2025
€38,128
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €575,022 | €575,208 | +€186 | 0.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €389,157 | €363,876 | -€25,281 | -6.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €389,157 | €363,876 | -€25,281 | -6.5% |
| Land and buildings | 22 | €292,930 | €281,151 | -€11,779 | -4.0% |
| Plant, machinery and equipment | 23 | €7,237 | €9,407 | +€2,169 | +30.0% |
| Furniture and vehicles | 24 | €7,168 | €22 | -€7,145 | -99.7% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €81,822 | €73,296 | -€8,526 | -10.4% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €185,865 | €211,332 | +€25,467 | +13.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,939 | €36,747 | +€12,807 | +53.5% |
| Trade receivables | 40 | €16,638 | €36,747 | +€20,109 | +121% |
| Other amounts receivable | 41 | €7,302 | €0 | -€7,302 | -100% |
| Current investments | 50/53 | €121,106 | €124,606 | +€3,500 | +2.9% |
| Cash at bank and in hand | 54/58 | €39,188 | €38,128 | -€1,060 | -2.7% |
| Deferred charges and accrued income | 490/1 | €1,632 | €11,851 | +€10,220 | +626% |
| Total equity and liabilities | 10/49 | €575,022 | €575,208 | +€186 | 0.0% |
| Equity | 10/15 | €161,297 | €153,188 | -€8,108 | -5.0% |
| Contributions | 10/11 | €0 | - | = | |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €155,068 | €146,960 | -€8,108 | -5.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €0 | - | = | |
| Financial assistance | 1313 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €155,068 | €146,960 | -€8,108 | -5.2% |
| Profit (loss) carried forward | 14 | €6,229 | €6,229 | = | 0.0% |
| Investment grants | 15 | €0 | - | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €413,725 | €422,020 | +€8,295 | +2.0% |
| Amounts payable after more than one year | 17 | €344,129 | €321,097 | -€23,033 | -6.7% |
| Financial debts | 170/4 | €344,129 | €321,097 | -€23,033 | -6.7% |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €69,596 | €100,923 | +€31,327 | +45.0% |
| Current portion of amounts payable after more than one year | 42 | €22,198 | €23,033 | +€835 | +3.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €5,025 | €5,488 | +€463 | +9.2% |
| Suppliers | 440/4 | €5,025 | €5,488 | +€463 | +9.2% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,280 | €23,425 | +€12,144 | +108% |
| Taxes | 450/3 | €8,594 | €23,425 | +€14,831 | +173% |
| Remuneration and social security | 454/9 | €2,687 | €0 | -€2,687 | -100% |
| Other amounts payable | 47/48 | €31,093 | €48,978 | +€17,885 | +57.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,457 | €34,022 | +€12,566 | +58.6% |
| Other operating charges | 640/8 | €1,756 | €2,159 | +€403 | +22.9% |
| Non-recurring operating charges | 66A | €37,937 | - | -€37,937 | |
| Gross operating margin | 9900 | €55,359 | €95,206 | +€39,847 | +72.0% |
| Operating profit (loss) | 9901 | -€5,791 | €59,025 | +€64,816 | |
| Financial income | 75/76B | €652 | €0 | -€652 | -100.0% |
| Recurring financial income | 75 | €652 | €0 | -€652 | -100.0% |
| Financial charges | 65/66B | €11,156 | €14,680 | +€3,524 | +31.6% |
| Recurring financial charges | 65 | €11,156 | €14,680 | +€3,524 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,296 | €44,345 | +€60,641 | |
| Income taxes | 67/77 | €273 | €10,554 | +€10,281 | +3,765% |
| Profit (loss) for the period | 9904 | -€16,569 | €33,792 | +€50,360 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,569 | €33,792 | +€50,360 |
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 13 October 2026 via checked.be.