DN SUPPLY: 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 SUPPLY
Largest movements
- Receivables within one year +€72,036
up €72,036 (+166%), from €43,477 to €115,513
of which Trade receivables: +€67,719
- Tangible fixed assets -€51,197
down €51,197 (-29.4%), from €173,846 to €122,649
of which Leasing and similar rights: -€49,806
- Cash +€14,147
up €14,147 (+12.4%), from €114,292 to €128,438
mainly Net result for the year (+€51,989) and Depreciation (+€51,197)
- Debts after one year -€44,455
down €44,455 (-42.9%), from €103,647 to €59,192
- Reserves +€31,989
up €31,989 (+31.6%), from €101,378 to €133,367
- Tax, wage and social debts +€31,360
up €31,360 (+94.2%), from €33,303 to €64,664
of which Taxes: +€19,805
- Other debts +€9,983
up €9,983 (+99.7%), from €10,017 to €20,000
- Trade debts +€7,698
up €7,698 (+69.6%), from €11,060 to €18,758
- Staff costs +€26,021
up €26,021 (+17.8%), from €146,187 to €172,209
- Gross operating margin +€21,689
up €21,689 (+7.6%), from €285,163 to €306,852
- Financial charges -€5,225
down €5,225 (-53.1%), from €9,837 to €4,613
- Taxes +€4,945
up €4,945 (+24.3%), from €20,326 to €25,271
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,950 | €366,935 | +€34,985 | +10.5% |
| Fixed assets | 21/28 | €174,181 | €122,984 | -€51,197 | -29.4% |
| Tangible fixed assets | 22/27 | €173,846 | €122,649 | -€51,197 | -29.4% |
| Plant, machinery and equipment | 23 | €1,452 | €355 | -€1,097 | -75.5% |
| Leasing and similar rights | 25 | €170,525 | €120,719 | -€49,806 | -29.2% |
| Other tangible fixed assets | 26 | €1,869 | €1,574 | -€295 | -15.8% |
| Financial fixed assets | 28 | €335 | €335 | = | 0.0% |
| Current assets | 29/58 | €157,769 | €243,951 | +€86,182 | +54.6% |
| Amounts receivable within one year | 40/41 | €43,477 | €115,513 | +€72,036 | +166% |
| Trade receivables | 40 | €37,902 | €105,620 | +€67,719 | +179% |
| Other amounts receivable | 41 | €5,576 | €9,893 | +€4,317 | +77.4% |
| Cash at bank and in hand | 54/58 | €114,292 | €128,438 | +€14,147 | +12.4% |
| Total equity and liabilities | 10/49 | €331,950 | €366,935 | +€34,985 | +10.5% |
| Equity | 10/15 | €126,378 | €158,367 | +€31,989 | +25.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €101,378 | €133,367 | +€31,989 | +31.6% |
| Distributable reserves | 133 | €101,378 | €133,367 | +€31,989 | +31.6% |
| Amounts payable | 17/49 | €205,572 | €208,568 | +€2,996 | +1.5% |
| Amounts payable after more than one year | 17 | €103,647 | €59,192 | -€44,455 | -42.9% |
| Financial debts | 170/4 | €103,647 | €59,192 | -€44,455 | -42.9% |
| Amounts payable within one year | 42/48 | €101,925 | €147,877 | +€45,951 | +45.1% |
| Current portion of amounts payable after more than one year | 42 | €47,545 | €44,455 | -€3,090 | -6.5% |
| Trade debts | 44 | €11,060 | €18,758 | +€7,698 | +69.6% |
| Suppliers | 440/4 | €11,060 | €18,758 | +€7,698 | +69.6% |
| Taxes, remuneration and social security | 45 | €33,303 | €64,664 | +€31,360 | +94.2% |
| Taxes | 450/3 | €13,633 | €33,438 | +€19,805 | +145% |
| Remuneration and social security | 454/9 | €19,670 | €31,225 | +€11,555 | +58.7% |
| Other amounts payable | 47/48 | €10,017 | €20,000 | +€9,983 | +99.7% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €146,187 | €172,209 | +€26,021 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,703 | €51,197 | +€494 | +1.0% |
| Other operating charges | 640/8 | €2,918 | €1,574 | -€1,344 | -46.1% |
| Gross operating margin | 9900 | €285,163 | €306,852 | +€21,689 | +7.6% |
| Operating profit (loss) | 9901 | €85,354 | €81,872 | -€3,482 | -4.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,837 | €4,613 | -€5,225 | -53.1% |
| Recurring financial charges | 65 | €9,837 | €4,613 | -€5,225 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €75,517 | €77,260 | +€1,743 | +2.3% |
| Income taxes | 67/77 | €20,326 | €25,271 | +€4,945 | +24.3% |
| Profit (loss) for the period | 9904 | €55,192 | €51,989 | -€3,203 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,192 | €51,989 | -€3,203 | -5.8% |
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 17 October 2026 via checked.be.