DNWorks: 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.
DNWorks
Largest movements
- Tangible fixed assets +€402,796
up €402,796 (+4,148%), from €9,712 to €412,508
of which Land and buildings: +€405,078
- Cash -€48,332
down €48,332 (-35.7%), from €135,200 to €86,869
mainly Investment in fixed assets (net) (-€423,564) and Contributions, distributions and other (-€65,000)
- Receivables within one year +€14,454
up €14,454 (+87.6%), from €16,500 to €30,954
of which Trade receivables: +€8,165
- Deferred charges and accrued income +€6,954
up €6,954 (+1,894%), from €367 to €7,321
- Debts after one year +€355,299
new in 2025: €355,299
- Other debts +€31,253
up €31,253 (+92.6%), from €33,747 to €65,000
- Tax, wage and social debts -€20,632
down €20,632 (-71.7%), from €28,767 to €8,135
- Current portion of long-term debt +€13,216
new in 2025: €13,216
- Reserves -€8,456
down €8,456 (-8.9%), from €95,001 to €86,546
- Depreciation +€19,204
up €19,204 (+1,228%), from €1,564 to €20,768
- Gross operating margin -€14,304
down €14,304 (-12.4%), from €115,451 to €101,147
- Taxes -€12,143
down €12,143 (-50.3%), from €24,118 to €11,975
- Financial charges +€9,160
up €9,160 (+739%), from €1,240 to €10,400
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 | €161,779 | €537,651 | +€375,872 | +232% |
| Fixed assets | 21/28 | €9,712 | €412,508 | +€402,796 | +4,148% |
| Tangible fixed assets | 22/27 | €9,712 | €412,508 | +€402,796 | +4,148% |
| Land and buildings | 22 | - | €405,078 | +€405,078 | |
| Plant, machinery and equipment | 23 | €1,074 | €772 | -€302 | -28.1% |
| Furniture and vehicles | 24 | €6,556 | €5,040 | -€1,516 | -23.1% |
| Other tangible fixed assets | 26 | €2,081 | €1,617 | -€463 | -22.3% |
| Current assets | 29/58 | €152,067 | €125,144 | -€26,924 | -17.7% |
| Amounts receivable within one year | 40/41 | €16,500 | €30,954 | +€14,454 | +87.6% |
| Trade receivables | 40 | €16,500 | €24,665 | +€8,165 | +49.5% |
| Other amounts receivable | 41 | - | €6,289 | +€6,289 | |
| Cash at bank and in hand | 54/58 | €135,200 | €86,869 | -€48,332 | -35.7% |
| Deferred charges and accrued income | 490/1 | €367 | €7,321 | +€6,954 | +1,894% |
| Total equity and liabilities | 10/49 | €161,779 | €537,651 | +€375,872 | +232% |
| Equity | 10/15 | €98,501 | €90,046 | -€8,456 | -8.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €95,001 | €86,546 | -€8,456 | -8.9% |
| Distributable reserves | 133 | €95,001 | €86,546 | -€8,456 | -8.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,278 | €447,606 | +€384,328 | +607% |
| Amounts payable after more than one year | 17 | - | €355,299 | +€355,299 | |
| Financial debts | 170/4 | - | €355,299 | +€355,299 | |
| Amounts payable within one year | 42/48 | €63,278 | €90,107 | +€26,830 | +42.4% |
| Current portion of amounts payable after more than one year | 42 | - | €13,216 | +€13,216 | |
| Financial debts | 43 | €1 | €1,405 | +€1,404 | +141,839% |
| Credit institutions | 430/8 | €1 | €1,405 | +€1,404 | +141,839% |
| Trade debts | 44 | €762 | €2,351 | +€1,588 | +208% |
| Suppliers | 440/4 | €762 | €2,351 | +€1,588 | +208% |
| Taxes, remuneration and social security | 45 | €28,767 | €8,135 | -€20,632 | -71.7% |
| Taxes | 450/3 | €28,767 | €8,135 | -€20,632 | -71.7% |
| Other amounts payable | 47/48 | €33,747 | €65,000 | +€31,253 | +92.6% |
| Accrued charges and deferred income | 492/3 | - | €2,200 | +€2,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,564 | €20,768 | +€19,204 | +1,228% |
| Other operating charges | 640/8 | €1,379 | €1,493 | +€114 | +8.3% |
| Gross operating margin | 9900 | €115,451 | €101,147 | -€14,304 | -12.4% |
| Operating profit (loss) | 9901 | €112,508 | €78,885 | -€33,623 | -29.9% |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €1,240 | €10,400 | +€9,160 | +739% |
| Recurring financial charges | 65 | €1,240 | €10,400 | +€9,160 | +739% |
| Profit (loss) for the period before taxes | 9903 | €111,268 | €68,519 | -€42,749 | -38.4% |
| Income taxes | 67/77 | €24,118 | €11,975 | -€12,143 | -50.3% |
| Profit (loss) for the period | 9904 | €87,150 | €56,544 | -€30,606 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,150 | €56,544 | -€30,606 | -35.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.