DNCon: what changed
Two fiscal 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.
DNCon
Largest movements
- Cash +€43,552
up €43,552 (+39.6%), from €109,939 to €153,491
mainly Net result for the year (+€74,175) and Other debts (+€65,664)
- Tangible fixed assets -€21,567
down €21,567 (-78.8%), from €27,363 to €5,796
of which Furniture and vehicles: -€21,121
- Receivables within one year +€5,000
up €5,000 (+19.2%), from €26,015 to €31,015
of which Other amounts receivable: +€5,000
- Other debts +€65,664
up €65,664 (+153.5%), from €42,779 to €108,443
- Reserves -€41,325
down €41,325 (-16.8%), from €245,484 to €204,159
of which Distributable reserves: -€41,325
- Trade debts -€10,216
down €10,216 (-96.9%), from €10,541 to €325
- Tax, wage and social debts +€9,385
up €9,385 (+35.1%), from €26,737 to €36,122
- Gross operating margin +€10,208
up €10,208 (+9.4%), from €109,087 to €119,295
- Taxes +€1,512
up €1,512 (+4.9%), from €30,624 to €32,136
- Financial income -€1,440
down €1,440 (-37.8%), from €3,807 to €2,367
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 | €331,741 | €355,249 | +€23,508 | +7.1% |
| Fixed assets | 21/28 | €30,363 | €8,796 | -€21,567 | -71.0% |
| Tangible fixed assets | 22/27 | €27,363 | €5,796 | -€21,567 | -78.8% |
| Plant, machinery and equipment | 23 | €2,109 | €1,663 | -€446 | -21.1% |
| Furniture and vehicles | 24 | €25,254 | €4,133 | -€21,121 | -83.6% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €301,378 | €346,453 | +€45,075 | +15.0% |
| Amounts receivable within one year | 40/41 | €26,015 | €31,015 | +€5,000 | +19.2% |
| Trade receivables | 40 | €26,015 | €26,015 | = | 0.0% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Current investments | 50/53 | €163,019 | €159,685 | -€3,334 | -2.0% |
| Cash at bank and in hand | 54/58 | €109,939 | €153,491 | +€43,552 | +39.6% |
| Deferred charges and accrued income | 490/1 | €2,405 | €2,262 | -€143 | -5.9% |
| Total equity and liabilities | 10/49 | €331,741 | €355,249 | +€23,508 | +7.1% |
| Equity | 10/15 | €251,684 | €210,359 | -€41,325 | -16.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €245,484 | €204,159 | -€41,325 | -16.8% |
| Non-distributable reserves | 130/1 | €1,885 | €1,885 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,885 | €1,885 | = | 0.0% |
| Distributable reserves | 133 | €243,599 | €202,274 | -€41,325 | -17.0% |
| Amounts payable | 17/49 | €80,057 | €144,890 | +€64,833 | +81.0% |
| Amounts payable within one year | 42/48 | €80,057 | €144,890 | +€64,833 | +81.0% |
| Trade debts | 44 | €10,541 | €325 | -€10,216 | -96.9% |
| Suppliers | 440/4 | €10,541 | €325 | -€10,216 | -96.9% |
| Taxes, remuneration and social security | 45 | €26,737 | €36,122 | +€9,385 | +35.1% |
| Taxes | 450/3 | €26,737 | €36,122 | +€9,385 | +35.1% |
| Other amounts payable | 47/48 | €42,779 | €108,443 | +€65,664 | +153.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,521 | €5,785 | -€736 | -11.3% |
| Other operating charges | 640/8 | €505 | €585 | +€80 | +15.8% |
| Non-recurring operating charges | 66A | - | €5,707 | +€5,707 | |
| Gross operating margin | 9900 | €109,087 | €119,295 | +€10,208 | +9.4% |
| Operating profit (loss) | 9901 | €102,061 | €107,218 | +€5,157 | +5.1% |
| Financial income | 75/76B | €3,807 | €2,367 | -€1,440 | -37.8% |
| Recurring financial income | 75 | €3,807 | €2,367 | -€1,440 | -37.8% |
| Financial charges | 65/66B | €2,145 | €3,274 | +€1,129 | +52.6% |
| Recurring financial charges | 65 | €2,145 | €3,274 | +€1,129 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €103,723 | €106,311 | +€2,588 | +2.5% |
| Income taxes | 67/77 | €30,624 | €32,136 | +€1,512 | +4.9% |
| Profit (loss) for the period | 9904 | €73,099 | €74,175 | +€1,076 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,099 | €74,175 | +€1,076 | +1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.