DNGS: 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.
DNGS
Largest movements
- Tangible fixed assets +€182,605
up €182,605 (+47.5%), from €384,353 to €566,958
of which Leasing and similar rights: +€230,236
- Receivables within one year +€100,790
up €100,790 (+36.8%), from €273,551 to €374,341
of which Trade receivables: +€93,191
- Deferred charges and accrued income +€24,557
up €24,557 (+121.0%), from €20,299 to €44,856
- Cash +€23,183
up €23,183 (+50.1%), from €46,276 to €69,459
mainly Debts after one year (+€144,478) and Depreciation (+€142,550)
- Debts after one year +€144,478
up €144,478 (+47.5%), from €304,017 to €448,495
of which Financial debts: +€104,478
- Profit (loss) carried forward +€75,403
up €75,403 (+1349.4%), from €5,588 to €80,992
- Current portion of long-term debt +€63,793
up €63,793 (+48.9%), from €130,349 to €194,143
- Accrued charges and deferred income +€39,440
up €39,440 (+550.3%), from €7,168 to €46,607
- Tax, wage and social debts +€18,766
new in 2025: €18,766
of which Taxes: +€10,649
- Gross operating margin +€222,091
up €222,091 (+170.6%), from €130,190 to €352,281
- Staff costs +€107,569
up €107,569 (+4284.8%), from €2,511 to €110,079
- Depreciation +€19,763
up €19,763 (+16.1%), from €122,787 to €142,550
- Taxes +€10,649
new in 2025: €10,649
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 | €725,101 | €1,055,614 | +€330,513 | +45.6% |
| Fixed assets | 21/28 | €384,975 | €566,958 | +€181,983 | +47.3% |
| Intangible fixed assets | 21 | €622 | - | -€622 | |
| Tangible fixed assets | 22/27 | €384,353 | €566,958 | +€182,605 | +47.5% |
| Plant, machinery and equipment | 23 | - | €9,651 | +€9,651 | |
| Furniture and vehicles | 24 | €208,370 | €151,088 | -€57,282 | -27.5% |
| Leasing and similar rights | 25 | €175,983 | €406,220 | +€230,236 | +130.8% |
| Current assets | 29/58 | €340,126 | €488,656 | +€148,530 | +43.7% |
| Amounts receivable within one year | 40/41 | €273,551 | €374,341 | +€100,790 | +36.8% |
| Trade receivables | 40 | €231,937 | €325,128 | +€93,191 | +40.2% |
| Other amounts receivable | 41 | €41,614 | €49,213 | +€7,599 | +18.3% |
| Cash at bank and in hand | 54/58 | €46,276 | €69,459 | +€23,183 | +50.1% |
| Deferred charges and accrued income | 490/1 | €20,299 | €44,856 | +€24,557 | +121.0% |
| Total equity and liabilities | 10/49 | €725,101 | €1,055,614 | +€330,513 | +45.6% |
| Equity | 10/15 | €9,588 | €84,992 | +€75,403 | +786.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,588 | €80,992 | +€75,403 | +1349.4% |
| Amounts payable | 17/49 | €715,513 | €970,622 | +€255,109 | +35.7% |
| Amounts payable after more than one year | 17 | €304,017 | €448,495 | +€144,478 | +47.5% |
| Financial debts | 170/4 | €204,017 | €308,495 | +€104,478 | +51.2% |
| Other amounts payable | 178/9 | €100,000 | €140,000 | +€40,000 | +40.0% |
| Amounts payable within one year | 42/48 | €404,328 | €475,519 | +€71,191 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €130,349 | €194,143 | +€63,793 | +48.9% |
| Trade debts | 44 | €273,979 | €262,611 | -€11,368 | -4.1% |
| Suppliers | 440/4 | €273,979 | €262,611 | -€11,368 | -4.1% |
| Taxes, remuneration and social security | 45 | - | €18,766 | +€18,766 | |
| Taxes | 450/3 | - | €10,649 | +€10,649 | |
| Remuneration and social security | 454/9 | - | €8,116 | +€8,116 | |
| Accrued charges and deferred income | 492/3 | €7,168 | €46,607 | +€39,440 | +550.3% |
| Remuneration, social security and pensions | 62 | €2,511 | €110,079 | +€107,569 | +4284.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,787 | €142,550 | +€19,763 | +16.1% |
| Other operating charges | 640/8 | €240 | €2,564 | +€2,324 | +968.2% |
| Gross operating margin | 9900 | €130,190 | €352,281 | +€222,091 | +170.6% |
| Operating profit (loss) | 9901 | €4,653 | €97,088 | +€92,435 | +1986.8% |
| Financial income | 75/76B | €2,335 | €4,584 | +€2,249 | +96.3% |
| Recurring financial income | 75 | €2,335 | €4,584 | +€2,249 | +96.3% |
| Financial charges | 65/66B | €12,480 | €15,619 | +€3,139 | +25.2% |
| Recurring financial charges | 65 | €11,980 | €15,619 | +€3,639 | +30.4% |
| Non-recurring financial charges | 66B | €500 | - | -€500 | |
| Profit (loss) for the period before taxes | 9903 | -€5,492 | €86,053 | +€91,545 | |
| Income taxes | 67/77 | - | €10,649 | +€10,649 | |
| Profit (loss) for the period | 9904 | -€5,492 | €75,403 | +€80,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,492 | €75,403 | +€80,896 |
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 2 October 2026 via checked.be.