DREAM MANAGEMENT: 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.
DREAM MANAGEMENT
Largest movements
- Receivables within one year +€2.8m
up €2.8m (+302%), from €922,500 to €3.7m
- Financial fixed assets -€125,000
down €125,000 (-8.2%), from €1.5m to €1.4m
- Other debts +€2.7m
up €2.7m (+265%), from €999,860 to €3.7m
- Financial income +€1.3m
up €1.3m (+129%), from €1.0m to €2.4m
- Financial charges +€130,101
up €130,101 (+174,281%), from €75 to €130,176
of which Non-recurring financial charges: +€125,000
- Taxes -€10,938
down €10,938 (-53.2%), from €20,546 to €9,608
- Gross operating margin -€1,576
down €1,576 (-35.5%), from -€4,439 to -€6,015
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 | €2,644,079 | €5,306,600 | +€2.7m | +101% |
| Fixed assets | 21/28 | €1,520,623 | €1,395,623 | -€125,000 | -8.2% |
| Financial fixed assets | 28 | €1,520,623 | €1,395,623 | -€125,000 | -8.2% |
| Current assets | 29/58 | €1,123,456 | €3,910,977 | +€2.8m | +248% |
| Amounts receivable within one year | 40/41 | €922,500 | €3,712,500 | +€2.8m | +302% |
| Other amounts receivable | 41 | €922,500 | €3,712,500 | +€2.8m | +302% |
| Cash at bank and in hand | 54/58 | €55,070 | €3,910 | -€51,160 | -92.9% |
| Deferred charges and accrued income | 490/1 | €145,886 | €194,567 | +€48,681 | +33.4% |
| Total equity and liabilities | 10/49 | €2,644,079 | €5,306,600 | +€2.7m | +101% |
| Equity | 10/15 | €1,614,979 | €1,614,979 | = | 0.0% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Reserves | 13 | €714,979 | €714,979 | = | 0.0% |
| Distributable reserves | 133 | €714,979 | €714,979 | = | 0.0% |
| Amounts payable | 17/49 | €1,029,100 | €3,691,621 | +€2.7m | +259% |
| Amounts payable within one year | 42/48 | €1,029,100 | €3,686,637 | +€2.7m | +258% |
| Trade debts | 44 | - | €1,548 | +€1,548 | |
| Suppliers | 440/4 | - | €1,548 | +€1,548 | |
| Taxes, remuneration and social security | 45 | €29,239 | €30,810 | +€1,570 | +5.4% |
| Taxes | 450/3 | €29,239 | €30,810 | +€1,570 | +5.4% |
| Other amounts payable | 47/48 | €999,860 | €3,654,279 | +€2.7m | +265% |
| Accrued charges and deferred income | 492/3 | - | €4,983 | +€4,983 | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€4,439 | -€6,015 | -€1,576 | -35.5% |
| Operating profit (loss) | 9901 | -€5,407 | -€7,013 | -€1,607 | -29.7% |
| Financial income | 75/76B | €1,024,926 | €2,351,076 | +€1.3m | +129% |
| Recurring financial income | 75 | €1,024,926 | €2,351,076 | +€1.3m | +129% |
| Financial charges | 65/66B | €75 | €130,176 | +€130,101 | +174,281% |
| Recurring financial charges | 65 | €75 | €5,176 | +€5,101 | +6,833% |
| Non-recurring financial charges | 66B | - | €125,000 | +€125,000 | |
| Profit (loss) for the period before taxes | 9903 | €1,019,445 | €2,213,887 | +€1.2m | +117% |
| Income taxes | 67/77 | €20,546 | €9,608 | -€10,938 | -53.2% |
| Profit (loss) for the period | 9904 | €998,899 | €2,204,279 | +€1.2m | +121% |
| Profit (loss) for the period to be appropriated | 9905 | €998,899 | €2,204,279 | +€1.2m | +121% |
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 18 October 2026 via checked.be.