DNET: 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.
DNET
Largest movements
- Financial fixed assets +€565,000
up €565,000 (+80.7%), from €699,910 to €1.3m
- Cash +€433,378
up €433,378 (+8.1%), from €5.4m to €5.8m
mainly Net result for the year (+€896,045) and Tax, wage and social debts (+€80,370)
- Reserves +€896,000
up €896,000 (+512%), from €175,100 to €1.1m
of which Distributable reserves: +€896,000
- Tax, wage and social debts +€80,370
up €80,370 (+2,058%), from €3,906 to €84,276
of which Taxes: +€80,370
- Financial income +€790,278
up €790,278 (+334%), from €236,536 to €1.0m
of which Non-recurring financial income: +€750,119
- Taxes +€75,834
up €75,834 (+181%), from €41,795 to €117,629
- Gross operating margin +€13,310
up €13,310 (+76.2%), from €17,477 to €30,787
- Depreciation +€3,231
up €3,231 (+231%), from €1,397 to €4,628
- Staff costs +€929
up €929 (+2.5%), from €36,890 to €37,818
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 | €6,450,937 | €7,426,440 | +€975,503 | +15.1% |
| Fixed assets | 21/28 | €705,399 | €1,265,771 | +€560,372 | +79.4% |
| Tangible fixed assets | 22/27 | €5,489 | €861 | -€4,628 | -84.3% |
| Furniture and vehicles | 24 | €5,489 | €861 | -€4,628 | -84.3% |
| Financial fixed assets | 28 | €699,910 | €1,264,910 | +€565,000 | +80.7% |
| Current assets | 29/58 | €5,745,537 | €6,160,668 | +€415,131 | +7.2% |
| Amounts receivable within one year | 40/41 | €13,437 | - | -€13,437 | |
| Other amounts receivable | 41 | €13,437 | - | -€13,437 | |
| Current investments | 50/53 | €355,000 | €355,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,361,263 | €5,794,641 | +€433,378 | +8.1% |
| Deferred charges and accrued income | 490/1 | €15,837 | €11,027 | -€4,810 | -30.4% |
| Total equity and liabilities | 10/49 | €6,450,937 | €7,426,440 | +€975,503 | +15.1% |
| Equity | 10/15 | €6,442,441 | €7,338,486 | +€896,045 | +13.9% |
| Contributions | 10/11 | €1,751,000 | €1,751,000 | = | 0.0% |
| Capital | 10 | €1,751,000 | €1,751,000 | = | 0.0% |
| Issued capital | 100 | €1,751,000 | €1,751,000 | = | 0.0% |
| Reserves | 13 | €175,100 | €1,071,100 | +€896,000 | +512% |
| Non-distributable reserves | 130/1 | €175,100 | €175,100 | = | 0.0% |
| Legal reserve | 130 | €175,100 | €175,100 | = | 0.0% |
| Distributable reserves | 133 | - | €896,000 | +€896,000 | |
| Profit (loss) carried forward | 14 | €4,516,341 | €4,516,386 | +€45 | 0.0% |
| Amounts payable | 17/49 | €8,496 | €87,954 | +€79,458 | +935% |
| Amounts payable within one year | 42/48 | €8,496 | €87,954 | +€79,458 | +935% |
| Trade debts | 44 | €3,751 | €3,678 | -€73 | -2.0% |
| Suppliers | 440/4 | €3,751 | €3,678 | -€73 | -2.0% |
| Taxes, remuneration and social security | 45 | €3,906 | €84,276 | +€80,370 | +2,058% |
| Taxes | 450/3 | €1,806 | €82,176 | +€80,370 | +4,450% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €839 | - | -€839 | |
| Remuneration, social security and pensions | 62 | €36,890 | €37,818 | +€929 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,397 | €4,628 | +€3,231 | +231% |
| Other operating charges | 640/8 | €537 | €531 | -€6 | -1.1% |
| Gross operating margin | 9900 | €17,477 | €30,787 | +€13,310 | +76.2% |
| Operating profit (loss) | 9901 | -€21,346 | -€12,191 | +€9,155 | +42.9% |
| Financial income | 75/76B | €236,536 | €1,026,814 | +€790,278 | +334% |
| Recurring financial income | 75 | €236,536 | €276,695 | +€40,159 | +17.0% |
| Non-recurring financial income | 76B | - | €750,119 | +€750,119 | |
| Financial charges | 65/66B | €1,314 | €949 | -€365 | -27.8% |
| Recurring financial charges | 65 | €1,314 | €949 | -€365 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €213,876 | €1,013,674 | +€799,798 | +374% |
| Income taxes | 67/77 | €41,795 | €117,629 | +€75,834 | +181% |
| Profit (loss) for the period | 9904 | €172,081 | €896,045 | +€723,964 | +421% |
| Profit (loss) for the period to be appropriated | 9905 | €172,081 | €896,045 | +€723,964 | +421% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.