DNA: 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.
DNA
Largest movements
- Cash +€73,435
up €73,435 (+72.2%), from €101,685 to €175,120
mainly Trade debts (+€225,890) and Tax, wage and social debts (+€159,015)
- Deferred charges and accrued income +€48,427
up €48,427 (+29.8%), from €162,401 to €210,828
- Receivables within one year +€34,534
up €34,534 (+311.4%), from €11,090 to €45,624
of which Other amounts receivable: +€34,070
- Trade debts +€225,890
up €225,890 (+167.8%), from €134,593 to €360,483
- Profit (loss) carried forward -€164,528
down €164,528 (-80.9%), from -€203,365 to -€367,893
- Tax, wage and social debts +€159,015
up €159,015 (+47.0%), from €338,270 to €497,285
of which Remuneration and social security: +€157,130
- Other debts -€52,768
no longer reported in 2025 (was €52,768)
- Debts after one year -€10,295
down €10,295 (-9.1%), from €113,596 to €103,301
- Staff costs +€702,032
up €702,032 (+28.1%), from €2.5m to €3.2m
- Gross operating margin +€651,619
up €651,619 (+26.7%), from €2.4m to €3.1m
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 | €495,650 | €654,422 | +€158,771 | +32.0% |
| Fixed assets | 21/28 | €220,475 | €222,851 | +€2,376 | +1.1% |
| Intangible fixed assets | 21 | €1,483 | €3,137 | +€1,653 | +111.5% |
| Tangible fixed assets | 22/27 | €214,959 | €215,682 | +€723 | +0.3% |
| Land and buildings | 22 | €160,329 | €166,978 | +€6,649 | +4.1% |
| Plant, machinery and equipment | 23 | €4,602 | €3,694 | -€908 | -19.7% |
| Furniture and vehicles | 24 | €23,937 | €18,550 | -€5,388 | -22.5% |
| Leasing and similar rights | 25 | €4,912 | - | -€4,912 | |
| Other tangible fixed assets | 26 | €21,178 | €26,460 | +€5,282 | +24.9% |
| Financial fixed assets | 28 | €4,032 | €4,032 | = | 0.0% |
| Current assets | 29/58 | €275,176 | €431,571 | +€156,395 | +56.8% |
| Amounts receivable within one year | 40/41 | €11,090 | €45,624 | +€34,534 | +311.4% |
| Trade receivables | 40 | €1,867 | €2,331 | +€464 | +24.8% |
| Other amounts receivable | 41 | €9,222 | €43,292 | +€34,070 | +369.4% |
| Cash at bank and in hand | 54/58 | €101,685 | €175,120 | +€73,435 | +72.2% |
| Deferred charges and accrued income | 490/1 | €162,401 | €210,828 | +€48,427 | +29.8% |
| Total equity and liabilities | 10/49 | €495,650 | €654,422 | +€158,771 | +32.0% |
| Equity | 10/15 | -€193,365 | -€357,893 | -€164,528 | -85.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,365 | -€367,893 | -€164,528 | -80.9% |
| Amounts payable | 17/49 | €689,015 | €1,012,315 | +€323,299 | +46.9% |
| Amounts payable after more than one year | 17 | €113,596 | €103,301 | -€10,295 | -9.1% |
| Financial debts | 170/4 | €113,596 | €103,301 | -€10,295 | -9.1% |
| Amounts payable within one year | 42/48 | €572,124 | €908,362 | +€336,238 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €46,494 | €50,594 | +€4,101 | +8.8% |
| Trade debts | 44 | €134,593 | €360,483 | +€225,890 | +167.8% |
| Suppliers | 440/4 | €134,593 | €360,483 | +€225,890 | +167.8% |
| Taxes, remuneration and social security | 45 | €338,270 | €497,285 | +€159,015 | +47.0% |
| Taxes | 450/3 | €2,679 | €4,565 | +€1,886 | +70.4% |
| Remuneration and social security | 454/9 | €335,590 | €492,720 | +€157,130 | +46.8% |
| Other amounts payable | 47/48 | €52,768 | - | -€52,768 | |
| Accrued charges and deferred income | 492/3 | €3,295 | €652 | -€2,644 | -80.2% |
| Remuneration, social security and pensions | 62 | €2,500,043 | €3,202,075 | +€702,032 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,452 | €24,449 | +€997 | +4.3% |
| Other operating charges | 640/8 | €4,298 | €14,040 | +€9,741 | +226.6% |
| Gross operating margin | 9900 | €2,439,755 | €3,091,374 | +€651,619 | +26.7% |
| Operating profit (loss) | 9901 | -€88,038 | -€149,189 | -€61,151 | -69.5% |
| Financial income | 75/76B | €1,078 | €225 | -€853 | -79.1% |
| Recurring financial income | 75 | €1,078 | €225 | -€853 | -79.1% |
| Financial charges | 65/66B | €17,414 | €14,652 | -€2,761 | -15.9% |
| Recurring financial charges | 65 | €17,414 | €14,652 | -€2,761 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€104,374 | -€163,617 | -€59,242 | -56.8% |
| Income taxes | 67/77 | €749 | €911 | +€162 | +21.6% |
| Profit (loss) for the period | 9904 | -€105,123 | -€164,528 | -€59,405 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,123 | -€164,528 | -€59,405 | -56.5% |
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 10 October 2026 via checked.be.