DnFNot: 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.
DnFNot
Largest movements
- Receivables within one year +€56,002
up €56,002 (+66.6%), from €84,077 to €140,079
of which Trade receivables: +€56,449
- Cash +€39,239
up €39,239 (+69.1%), from €56,813 to €96,052
mainly Trade debts (+€87,067) and Tax, wage and social debts (+€6,272)
- Trade debts +€87,067
up €87,067 (+92.2%), from €94,429 to €181,496
- Tax, wage and social debts +€6,272
up €6,272 (+20.2%), from €31,027 to €37,300
of which Remuneration and social security: +€5,077
- Staff costs +€107,172
up €107,172 (+42.8%), from €250,404 to €357,577
- Gross operating margin +€106,170
up €106,170 (+39.9%), from €266,223 to €372,393
- Financial charges +€6,567
up €6,567 (+1,372%), from €479 to €7,046
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 | €147,488 | €240,902 | +€93,414 | +63.3% |
| Fixed assets | 21/28 | €5,921 | €4,771 | -€1,150 | -19.4% |
| Tangible fixed assets | 22/27 | €5,921 | €4,771 | -€1,150 | -19.4% |
| Furniture and vehicles | 24 | €5,921 | €4,771 | -€1,150 | -19.4% |
| Current assets | 29/58 | €141,567 | €236,131 | +€94,564 | +66.8% |
| Amounts receivable within one year | 40/41 | €84,077 | €140,079 | +€56,002 | +66.6% |
| Trade receivables | 40 | €82,672 | €139,121 | +€56,449 | +68.3% |
| Other amounts receivable | 41 | €1,405 | €958 | -€446 | -31.8% |
| Cash at bank and in hand | 54/58 | €56,813 | €96,052 | +€39,239 | +69.1% |
| Deferred charges and accrued income | 490/1 | €677 | €0 | -€677 | -100% |
| Total equity and liabilities | 10/49 | €147,488 | €240,902 | +€93,414 | +63.3% |
| Equity | 10/15 | €22,031 | €22,107 | +€75 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,431 | €3,507 | +€75 | +2.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,571 | €1,647 | +€75 | +4.8% |
| Amounts payable | 17/49 | €125,456 | €218,795 | +€93,339 | +74.4% |
| Amounts payable within one year | 42/48 | €125,456 | €218,795 | +€93,339 | +74.4% |
| Trade debts | 44 | €94,429 | €181,496 | +€87,067 | +92.2% |
| Suppliers | 440/4 | €94,429 | €181,496 | +€87,067 | +92.2% |
| Taxes, remuneration and social security | 45 | €31,027 | €37,300 | +€6,272 | +20.2% |
| Taxes | 450/3 | €3,073 | €4,268 | +€1,195 | +38.9% |
| Remuneration and social security | 454/9 | €27,954 | €33,032 | +€5,077 | +18.2% |
| Non-recurring operating income | 76A | €7,703 | €0 | -€7,703 | -100% |
| Remuneration, social security and pensions | 62 | €250,404 | €357,577 | +€107,172 | +42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,616 | €2,375 | -€240 | -9.2% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €8,749 | €551 | -€8,198 | -93.7% |
| Gross operating margin | 9900 | €266,223 | €372,393 | +€106,170 | +39.9% |
| Operating profit (loss) | 9901 | €3,949 | €11,371 | +€7,422 | +188% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €479 | €7,046 | +€6,567 | +1,372% |
| Recurring financial charges | 65 | €479 | €7,046 | +€6,567 | +1,372% |
| Profit (loss) for the period before taxes | 9903 | €3,471 | €4,325 | +€855 | +24.6% |
| Income taxes | 67/77 | €3,448 | €4,250 | +€802 | +23.3% |
| Profit (loss) for the period | 9904 | €22 | €75 | +€53 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €22 | €75 | +€53 | +236% |
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 24 October 2026 via checked.be.