DREAMBAITS: 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.
DREAMBAITS
Largest movements
- Receivables within one year -€91,165
down €91,165 (-70.6%), from €129,052 to €37,887
of which Trade receivables: -€89,511
- Deferred charges and accrued income -€38,780
down €38,780 (-100.0%), from €38,780 to €0
- Cash +€6,472
up €6,472 (+52879.1%), from €12 to €6,485
mainly Receivables within one year (+€91,165) and Deferred charges and accrued income (+€38,780)
- Intangible fixed assets -€4,400
down €4,400 (-13.4%), from €32,845 to €28,445
- Debts after one year -€81,028
down €81,028 (-4.8%), from €1.7m to €1.6m
- Trade debts -€61,153
down €61,153 (-85.9%), from €71,153 to €10,000
- Other debts -€40,635
down €40,635 (-58.7%), from €69,219 to €28,584
- Profit (loss) carried forward +€37,533
up €37,533 (+2.3%), from -€1.6m to -€1.6m
- Advances received +€9,669
up €9,669 (+397.8%), from €2,431 to €12,100
- Gross operating margin +€113,912
up €113,912, from -€15,637 to €98,276
- Staff costs -€58,396
down €58,396 (-98.0%), from €59,603 to €1,206
- Financial income +€41,926
up €41,926 (+19964552.4%), from €0 to €41,926
- Write-downs +€39,843
new in 2025: €39,843
- Financial charges +€24,369
up €24,369 (+79.7%), from €30,589 to €54,958
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 | €200,689 | €72,817 | -€127,873 | -63.7% |
| Fixed assets | 21/28 | €32,845 | €28,445 | -€4,400 | -13.4% |
| Intangible fixed assets | 21 | €32,845 | €28,445 | -€4,400 | -13.4% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €167,844 | €44,371 | -€123,473 | -73.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €129,052 | €37,887 | -€91,165 | -70.6% |
| Trade receivables | 40 | €119,647 | €30,135 | -€89,511 | -74.8% |
| Other amounts receivable | 41 | €9,405 | €7,751 | -€1,654 | -17.6% |
| Cash at bank and in hand | 54/58 | €12 | €6,485 | +€6,472 | +52879.1% |
| Deferred charges and accrued income | 490/1 | €38,780 | €0 | -€38,780 | -100.0% |
| Total equity and liabilities | 10/49 | €200,689 | €72,817 | -€127,873 | -63.7% |
| Equity | 10/15 | -€1,620,876 | -€1,583,342 | +€37,533 | +2.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,627,076 | -€1,589,542 | +€37,533 | +2.3% |
| Amounts payable | 17/49 | €1,821,565 | €1,656,159 | -€165,406 | -9.1% |
| Amounts payable after more than one year | 17 | €1,677,666 | €1,596,638 | -€81,028 | -4.8% |
| Other amounts payable | 178/9 | €1,677,666 | €1,596,638 | -€81,028 | -4.8% |
| Amounts payable within one year | 42/48 | €143,899 | €59,521 | -€84,378 | -58.6% |
| Trade debts | 44 | €71,153 | €10,000 | -€61,153 | -85.9% |
| Suppliers | 440/4 | €71,153 | €10,000 | -€61,153 | -85.9% |
| Advances received on contracts in progress | 46 | €2,431 | €12,100 | +€9,669 | +397.8% |
| Taxes, remuneration and social security | 45 | €1,096 | €8,837 | +€7,741 | +706.3% |
| Taxes | 450/3 | €1,072 | €8,837 | +€7,765 | +724.6% |
| Remuneration and social security | 454/9 | €24 | €0 | -€24 | -100.0% |
| Other amounts payable | 47/48 | €69,219 | €28,584 | -€40,635 | -58.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €342 | €0 | -€342 | -100.0% |
| Remuneration, social security and pensions | 62 | €59,603 | €1,206 | -€58,396 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €4,400 | +€4,400 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €39,843 | +€39,843 | |
| Other operating charges | 640/8 | €2,801 | €2,260 | -€541 | -19.3% |
| Non-recurring operating charges | 66A | €292,493 | €0 | -€292,493 | -100.0% |
| Gross operating margin | 9900 | -€15,637 | €98,276 | +€113,912 | |
| Operating profit (loss) | 9901 | -€370,534 | €50,566 | +€421,100 | |
| Financial income | 75/76B | €0 | €41,926 | +€41,926 | +19964552.4% |
| Recurring financial income | 75 | €0 | €41,926 | +€41,926 | +19964552.4% |
| Financial charges | 65/66B | €30,589 | €54,958 | +€24,369 | +79.7% |
| Recurring financial charges | 65 | €30,589 | €54,958 | +€24,369 | +79.7% |
| Profit (loss) for the period before taxes | 9903 | -€401,123 | €37,533 | +€438,657 | |
| Profit (loss) for the period | 9904 | -€401,123 | €37,533 | +€438,657 | |
| Profit (loss) for the period to be appropriated | 9905 | -€401,123 | €37,533 | +€438,657 |
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 10 October 2026 via checked.be.