DNS: 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.
DNS
Largest movements
- Tangible fixed assets +€53,537
up €53,537 (+11.6%), from €461,358 to €514,895
of which Furniture and vehicles: +€66,837
- Cash +€45,448
up €45,448 (+132%), from €34,364 to €79,813
mainly Other debts (+€87,233) and Net result for the year (+€49,902)
- Other debts +€87,233
up €87,233 (+66.1%), from €131,965 to €219,198
- Reserves +€49,902
up €49,902 (+7.4%), from €672,466 to €722,368
- Debts after one year -€37,500
down €37,500 (-4.1%), from €904,500 to €867,000
- Financial income -€60,151
down €60,151 (-54.6%), from €110,245 to €50,094
- Gross operating margin +€19,459
up €19,459 (+119%), from €16,342 to €35,801
- Depreciation +€4,792
up €4,792 (+31.4%), from €15,270 to €20,062
- Financial charges -€609
down €609 (-6.1%), from €9,911 to €9,302
- Other operating charges -€455
down €455 (-7.0%), from €6,536 to €6,081
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 | €1,718,491 | €1,816,723 | +€98,232 | +5.7% |
| Fixed assets | 21/28 | €1,683,358 | €1,736,895 | +€53,537 | +3.2% |
| Tangible fixed assets | 22/27 | €461,358 | €514,895 | +€53,537 | +11.6% |
| Land and buildings | 22 | €461,358 | €446,088 | -€15,270 | -3.3% |
| Plant, machinery and equipment | 23 | - | €1,970 | +€1,970 | |
| Furniture and vehicles | 24 | - | €66,837 | +€66,837 | |
| Financial fixed assets | 28 | €1,222,000 | €1,222,000 | = | 0.0% |
| Current assets | 29/58 | €35,132 | €79,828 | +€44,695 | +127% |
| Amounts receivable within one year | 40/41 | €723 | €15 | -€708 | -97.9% |
| Other amounts receivable | 41 | €723 | €15 | -€708 | -97.9% |
| Cash at bank and in hand | 54/58 | €34,364 | €79,813 | +€45,448 | +132% |
| Deferred charges and accrued income | 490/1 | €45 | - | -€45 | |
| Total equity and liabilities | 10/49 | €1,718,491 | €1,816,723 | +€98,232 | +5.7% |
| Equity | 10/15 | €678,663 | €728,565 | +€49,902 | +7.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €672,466 | €722,368 | +€49,902 | +7.4% |
| Distributable reserves | 133 | €672,466 | €722,368 | +€49,902 | +7.4% |
| Amounts payable | 17/49 | €1,039,827 | €1,088,158 | +€48,331 | +4.6% |
| Amounts payable after more than one year | 17 | €904,500 | €867,000 | -€37,500 | -4.1% |
| Financial debts | 170/4 | €904,500 | €867,000 | -€37,500 | -4.1% |
| Amounts payable within one year | 42/48 | €133,372 | €220,483 | +€87,111 | +65.3% |
| Trade debts | 44 | - | €52 | +€52 | |
| Suppliers | 440/4 | - | €52 | +€52 | |
| Taxes, remuneration and social security | 45 | €1,407 | €1,232 | -€175 | -12.4% |
| Taxes | 450/3 | €1,407 | €1,232 | -€175 | -12.4% |
| Other amounts payable | 47/48 | €131,965 | €219,198 | +€87,233 | +66.1% |
| Accrued charges and deferred income | 492/3 | €1,955 | €675 | -€1,280 | -65.5% |
| Non-recurring operating income | 76A | €1,305 | €3,630 | +€2,325 | +178% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,270 | €20,062 | +€4,792 | +31.4% |
| Other operating charges | 640/8 | €6,536 | €6,081 | -€455 | -7.0% |
| Non-recurring operating charges | 66A | €310 | - | -€310 | |
| Gross operating margin | 9900 | €16,342 | €35,801 | +€19,459 | +119% |
| Operating profit (loss) | 9901 | -€5,774 | €9,658 | +€15,432 | |
| Financial income | 75/76B | €110,245 | €50,094 | -€60,151 | -54.6% |
| Recurring financial income | 75 | €110,245 | €50,094 | -€60,151 | -54.6% |
| Financial charges | 65/66B | €9,911 | €9,302 | -€609 | -6.1% |
| Recurring financial charges | 65 | €9,911 | €9,302 | -€609 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €94,560 | €50,450 | -€44,110 | -46.6% |
| Income taxes | 67/77 | €786 | €548 | -€238 | -30.3% |
| Profit (loss) for the period | 9904 | €93,774 | €49,902 | -€43,872 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €93,774 | €49,902 | -€43,872 | -46.8% |
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 22 October 2026 via checked.be.