DnD-Core: 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.
DnD-Core
Largest movements
- Cash -€40,286
down €40,286 (-39.1%), from €102,995 to €62,709
mainly Other debts (-€61,103) and Tax, wage and social debts (-€12,186)
- Receivables within one year +€10,026
up €10,026 (+71.0%), from €14,114 to €24,141
of which Trade receivables: +€11,866
- Tangible fixed assets +€1,581
up €1,581 (+51.1%), from €3,097 to €4,679
of which Plant, machinery and equipment: +€2,290
- Other debts -€61,103
down €61,103 (-99.0%), from €61,693 to €590
- Reserves +€45,226
up €45,226 (+121.4%), from €37,269 to €82,495
- Tax, wage and social debts -€12,186
down €12,186 (-69.2%), from €17,601 to €5,415
- Gross operating margin +€12,275
up €12,275 (+24.3%), from €50,591 to €62,867
- Taxes +€3,913
up €3,913 (+36.1%), from €10,837 to €14,750
- Staff costs +€1,603
new in 2025: €1,603
- Financial charges -€1,028
down €1,028 (-90.0%), from €1,143 to €115
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 | €120,206 | €91,528 | -€28,678 | -23.9% |
| Fixed assets | 21/28 | €3,097 | €4,679 | +€1,581 | +51.1% |
| Tangible fixed assets | 22/27 | €3,097 | €4,679 | +€1,581 | +51.1% |
| Land and buildings | 22 | €658 | €566 | -€92 | -13.9% |
| Plant, machinery and equipment | 23 | - | €2,290 | +€2,290 | |
| Furniture and vehicles | 24 | €2,440 | €1,822 | -€617 | -25.3% |
| Current assets | 29/58 | €117,109 | €86,849 | -€30,259 | -25.8% |
| Amounts receivable within one year | 40/41 | €14,114 | €24,141 | +€10,026 | +71.0% |
| Trade receivables | 40 | €11,967 | €23,832 | +€11,866 | +99.2% |
| Other amounts receivable | 41 | €2,148 | €309 | -€1,839 | -85.6% |
| Cash at bank and in hand | 54/58 | €102,995 | €62,709 | -€40,286 | -39.1% |
| Total equity and liabilities | 10/49 | €120,206 | €91,528 | -€28,678 | -23.9% |
| Equity | 10/15 | €39,769 | €84,995 | +€45,226 | +113.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €37,269 | €82,495 | +€45,226 | +121.4% |
| Distributable reserves | 133 | €37,269 | €82,495 | +€45,226 | +121.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €80,437 | €6,533 | -€73,904 | -91.9% |
| Amounts payable within one year | 42/48 | €80,437 | €6,533 | -€73,904 | -91.9% |
| Financial debts | 43 | - | €17 | +€17 | |
| Credit institutions | 430/8 | - | €17 | +€17 | |
| Trade debts | 44 | €1,143 | €512 | -€632 | -55.2% |
| Suppliers | 440/4 | €1,143 | €512 | -€632 | -55.2% |
| Taxes, remuneration and social security | 45 | €17,601 | €5,415 | -€12,186 | -69.2% |
| Taxes | 450/3 | €17,601 | €5,415 | -€12,186 | -69.2% |
| Other amounts payable | 47/48 | €61,693 | €590 | -€61,103 | -99.0% |
| Remuneration, social security and pensions | 62 | - | €1,603 | +€1,603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €711 | €1,000 | +€289 | +40.7% |
| Other operating charges | 640/8 | €505 | €173 | -€332 | -65.8% |
| Non-recurring operating charges | 66A | €126 | - | -€126 | |
| Gross operating margin | 9900 | €50,591 | €62,867 | +€12,275 | +24.3% |
| Operating profit (loss) | 9901 | €49,249 | €60,090 | +€10,842 | +22.0% |
| Financial charges | 65/66B | €1,143 | €115 | -€1,028 | -90.0% |
| Recurring financial charges | 65 | €1,143 | €115 | -€1,028 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | €48,106 | €59,976 | +€11,870 | +24.7% |
| Income taxes | 67/77 | €10,837 | €14,750 | +€3,913 | +36.1% |
| Profit (loss) for the period | 9904 | €37,269 | €45,226 | +€7,957 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,269 | €45,226 | +€7,957 | +21.4% |
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 6 October 2026 via checked.be.