DNR Management: 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.
DNR Management
Largest movements
- Receivables after one year +€40,000
new in 2025: €40,000
- Cash -€37,546
down €37,546 (-45.3%), from €82,817 to €45,272
mainly Contributions, distributions and other (-€120,104) and Receivables after one year (-€40,000)
- Tangible fixed assets +€1,948
up €1,948 (+41.1%), from €4,737 to €6,685
of which Plant, machinery and equipment: +€2,780
- Reserves -€95,531
down €95,531 (-100.0%), from €95,531 to €0
- Other debts +€88,590
up €88,590 (+1209.6%), from €7,324 to €95,914
- Tax, wage and social debts +€10,452
up €10,452 (+47.4%), from €22,066 to €32,518
of which Taxes: +€10,452
- Gross operating margin -€9,974
down €9,974 (-20.2%), from €49,478 to €39,503
- Financial charges +€1,432
up €1,432 (+137.9%), from €1,039 to €2,470
- Other operating charges +€687
up €687 (+126.9%), from €541 to €1,228
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 | €129,347 | €131,631 | +€2,285 | +1.8% |
| Fixed assets | 21/28 | €24,737 | €26,685 | +€1,948 | +7.9% |
| Tangible fixed assets | 22/27 | €4,737 | €6,685 | +€1,948 | +41.1% |
| Land and buildings | 22 | €2,333 | €2,056 | -€277 | -11.9% |
| Plant, machinery and equipment | 23 | €838 | €3,618 | +€2,780 | +331.7% |
| Other tangible fixed assets | 26 | €1,565 | €1,011 | -€555 | -35.4% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €104,610 | €104,946 | +€336 | +0.3% |
| Amounts receivable after more than one year | 29 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 291 | - | €40,000 | +€40,000 | |
| Amounts receivable within one year | 40/41 | €20,503 | €19,675 | -€828 | -4.0% |
| Trade receivables | 40 | €20,503 | €17,545 | -€2,958 | -14.4% |
| Other amounts receivable | 41 | - | €2,130 | +€2,130 | |
| Cash at bank and in hand | 54/58 | €82,817 | €45,272 | -€37,546 | -45.3% |
| Deferred charges and accrued income | 490/1 | €1,290 | €0 | -€1,290 | -100.0% |
| Total equity and liabilities | 10/49 | €129,347 | €131,631 | +€2,285 | +1.8% |
| Equity | 10/15 | €98,031 | €2,500 | -€95,531 | -97.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €95,531 | €0 | -€95,531 | -100.0% |
| Distributable reserves | 133 | €95,531 | €0 | -€95,531 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €31,316 | €129,131 | +€97,815 | +312.3% |
| Amounts payable within one year | 42/48 | €30,616 | €128,431 | +€97,815 | +319.5% |
| Trade debts | 44 | €1,227 | €0 | -€1,227 | -100.0% |
| Suppliers | 440/4 | €1,227 | €0 | -€1,227 | -100.0% |
| Taxes, remuneration and social security | 45 | €22,066 | €32,518 | +€10,452 | +47.4% |
| Taxes | 450/3 | €19,916 | €30,368 | +€10,452 | +52.5% |
| Remuneration and social security | 454/9 | €2,150 | €2,150 | = | 0.0% |
| Other amounts payable | 47/48 | €7,324 | €95,914 | +€88,590 | +1209.6% |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,524 | €1,589 | +€65 | +4.3% |
| Other operating charges | 640/8 | €541 | €1,228 | +€687 | +126.9% |
| Gross operating margin | 9900 | €49,478 | €39,503 | -€9,974 | -20.2% |
| Operating profit (loss) | 9901 | €47,412 | €36,686 | -€10,726 | -22.6% |
| Financial income | 75/76B | - | €246 | +€246 | |
| Recurring financial income | 75 | - | €246 | +€246 | |
| Financial charges | 65/66B | €1,039 | €2,470 | +€1,432 | +137.9% |
| Recurring financial charges | 65 | €1,039 | €2,470 | +€1,432 | +137.9% |
| Profit (loss) for the period before taxes | 9903 | €46,374 | €34,462 | -€11,912 | -25.7% |
| Income taxes | 67/77 | €10,138 | €9,889 | -€249 | -2.5% |
| Profit (loss) for the period | 9904 | €36,236 | €24,573 | -€11,662 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,236 | €24,573 | -€11,662 | -32.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.