DREAM TOUR: 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 TOUR
Largest movements
- Deferred charges and accrued income +€207,011
up €207,011 (+109%), from €190,773 to €397,784
- Receivables within one year +€52,272
up €52,272 (+94.4%), from €55,347 to €107,619
of which Trade receivables: +€60,587
- Cash +€6,917
up €6,917 (+7.9%), from €87,437 to €94,354
mainly Trade debts (+€155,420) and Advances received (+€123,982)
- Trade debts +€155,420
up €155,420 (+2,062%), from €7,538 to €162,958
- Advances received +€123,982
up €123,982 (+50.2%), from €247,133 to €371,115
- Profit (loss) carried forward -€24,113
down €24,113 (-64.0%), from €37,665 to €13,553
- Other debts +€9,703
up €9,703 (+1,534%), from €633 to €10,336
- Gross operating margin -€53,862
down €53,862 (-58.2%), from €92,491 to €38,629
- Taxes -€7,692
down €7,692 (-97.2%), from €7,914 to €222
- Other operating charges -€1,662
down €1,662 (-32.0%), from €5,192 to €3,530
- Staff costs +€1,583
up €1,583 (+3.2%), from €49,746 to €51,330
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 | €334,682 | €600,882 | +€266,200 | +79.5% |
| Fixed assets | 21/28 | €1,125 | €1,125 | = | 0.0% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €333,557 | €599,757 | +€266,200 | +79.8% |
| Amounts receivable within one year | 40/41 | €55,347 | €107,619 | +€52,272 | +94.4% |
| Trade receivables | 40 | €38,632 | €99,219 | +€60,587 | +157% |
| Other amounts receivable | 41 | €16,715 | €8,400 | -€8,315 | -49.7% |
| Cash at bank and in hand | 54/58 | €87,437 | €94,354 | +€6,917 | +7.9% |
| Deferred charges and accrued income | 490/1 | €190,773 | €397,784 | +€207,011 | +109% |
| Total equity and liabilities | 10/49 | €334,682 | €600,882 | +€266,200 | +79.5% |
| Equity | 10/15 | €62,665 | €38,553 | -€24,113 | -38.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,665 | €13,553 | -€24,113 | -64.0% |
| Amounts payable | 17/49 | €272,016 | €562,329 | +€290,313 | +107% |
| Amounts payable within one year | 42/48 | €271,904 | €560,109 | +€288,206 | +106% |
| Trade debts | 44 | €7,538 | €162,958 | +€155,420 | +2,062% |
| Suppliers | 440/4 | €7,538 | €162,958 | +€155,420 | +2,062% |
| Advances received on contracts in progress | 46 | €247,133 | €371,115 | +€123,982 | +50.2% |
| Taxes, remuneration and social security | 45 | €16,600 | €15,700 | -€900 | -5.4% |
| Taxes | 450/3 | €16,600 | €9,721 | -€6,880 | -41.4% |
| Remuneration and social security | 454/9 | - | €5,979 | +€5,979 | |
| Other amounts payable | 47/48 | €633 | €10,336 | +€9,703 | +1,534% |
| Accrued charges and deferred income | 492/3 | €113 | €2,220 | +€2,107 | +1,870% |
| Remuneration, social security and pensions | 62 | €49,746 | €51,330 | +€1,583 | +3.2% |
| Other operating charges | 640/8 | €5,192 | €3,530 | -€1,662 | -32.0% |
| Gross operating margin | 9900 | €92,491 | €38,629 | -€53,862 | -58.2% |
| Operating profit (loss) | 9901 | €37,552 | -€16,231 | -€53,783 | |
| Financial income | 75/76B | - | €205 | +€205 | |
| Recurring financial income | 75 | - | €205 | +€205 | |
| Financial charges | 65/66B | €7,073 | €7,865 | +€791 | +11.2% |
| Recurring financial charges | 65 | €7,073 | €7,865 | +€791 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €30,479 | -€23,891 | -€54,370 | |
| Income taxes | 67/77 | €7,914 | €222 | -€7,692 | -97.2% |
| Profit (loss) for the period | 9904 | €22,566 | -€24,113 | -€46,678 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,566 | -€24,113 | -€46,678 |
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 24 October 2026 via checked.be.