DNS PROJECTS: 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 PROJECTS
Largest movements
- Cash -€261,098
down €261,098 (-76.5%), from €341,507 to €80,409
mainly Stocks and contracts (-€207,797) and Receivables within one year (-€103,560)
- Stocks and contracts +€207,797
new in 2025: €207,797
- Receivables within one year +€103,560
up €103,560 (+59.7%), from €173,532 to €277,092
of which Trade receivables: +€94,228
- Trade debts +€130,549
up €130,549 (+802.2%), from €16,273 to €146,822
- Advances received -€40,069
no longer reported in 2025 (was €40,069)
- Tax, wage and social debts -€36,027
down €36,027 (-57.1%), from €63,086 to €27,059
of which Taxes: -€36,027
- Gross operating margin -€324,202
down €324,202 (-91.7%), from €353,446 to €29,244
- Taxes -€76,077
down €76,077 (-95.7%), from €79,492 to €3,415
- Other operating charges +€7,759
up €7,759 (+336.9%), from €2,303 to €10,062
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 | €522,777 | €575,383 | +€52,606 | +10.1% |
| Fixed assets | 21/28 | €4,699 | €7,637 | +€2,938 | +62.5% |
| Tangible fixed assets | 22/27 | €4,699 | €7,637 | +€2,938 | +62.5% |
| Plant, machinery and equipment | 23 | €4,699 | €3,218 | -€1,481 | -31.5% |
| Furniture and vehicles | 24 | - | €4,418 | +€4,418 | |
| Current assets | 29/58 | €518,078 | €567,746 | +€49,668 | +9.6% |
| Stocks and contracts in progress | 3 | - | €207,797 | +€207,797 | |
| Stocks | 30/36 | - | €207,797 | +€207,797 | |
| Amounts receivable within one year | 40/41 | €173,532 | €277,092 | +€103,560 | +59.7% |
| Trade receivables | 40 | €67,957 | €162,186 | +€94,228 | +138.7% |
| Other amounts receivable | 41 | €105,574 | €114,906 | +€9,332 | +8.8% |
| Cash at bank and in hand | 54/58 | €341,507 | €80,409 | -€261,098 | -76.5% |
| Deferred charges and accrued income | 490/1 | €3,040 | €2,449 | -€591 | -19.5% |
| Total equity and liabilities | 10/49 | €522,777 | €575,383 | +€52,606 | +10.1% |
| Equity | 10/15 | €403,349 | €401,502 | -€1,846 | -0.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €393,349 | €391,502 | -€1,846 | -0.5% |
| Distributable reserves | 133 | €393,349 | €391,502 | -€1,846 | -0.5% |
| Amounts payable | 17/49 | €119,429 | €173,881 | +€54,452 | +45.6% |
| Amounts payable within one year | 42/48 | €119,429 | €173,881 | +€54,452 | +45.6% |
| Trade debts | 44 | €16,273 | €146,822 | +€130,549 | +802.2% |
| Suppliers | 440/4 | €16,273 | €146,822 | +€130,549 | +802.2% |
| Advances received on contracts in progress | 46 | €40,069 | - | -€40,069 | |
| Taxes, remuneration and social security | 45 | €63,086 | €27,059 | -€36,027 | -57.1% |
| Taxes | 450/3 | €62,023 | €25,995 | -€36,027 | -58.1% |
| Remuneration and social security | 454/9 | €1,063 | €1,063 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €645 | +€645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,425 | €2,095 | +€669 | +47.0% |
| Other operating charges | 640/8 | €2,303 | €10,062 | +€7,759 | +336.9% |
| Non-recurring operating charges | 66A | €74,750 | - | -€74,750 | |
| Gross operating margin | 9900 | €353,446 | €29,244 | -€324,202 | -91.7% |
| Operating profit (loss) | 9901 | €274,967 | €16,442 | -€258,525 | -94.0% |
| Financial income | 75/76B | €3,396 | €116 | -€3,280 | -96.6% |
| Recurring financial income | 75 | €3,396 | €116 | -€3,280 | -96.6% |
| Financial charges | 65/66B | €18,136 | €14,989 | -€3,147 | -17.4% |
| Recurring financial charges | 65 | €18,136 | €14,989 | -€3,147 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €260,226 | €1,568 | -€258,658 | -99.4% |
| Income taxes | 67/77 | €79,492 | €3,415 | -€76,077 | -95.7% |
| Profit (loss) for the period | 9904 | €180,734 | -€1,846 | -€182,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €180,734 | -€1,846 | -€182,580 |
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 11 October 2026 via checked.be.