DREAMS: what changed
Two fiscal 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.
DREAMS
Largest movements
- Cash -€50,342
down €50,342 (-15.3%), from €328,433 to €278,091
mainly Other debts (-€116,837) and Current portion of long-term debt (-€20,793)
- Tangible fixed assets -€38,931
down €38,931 (-57.5%), from €67,673 to €28,742
of which Furniture and vehicles: -€36,540
- Receivables within one year +€10,642
up €10,642 (+25.9%), from €41,112 to €51,753
of which Other amounts receivable: +€18,527
- Other debts -€116,837
down €116,837 (-100.0%), from €116,837 to €0
- Profit (loss) carried forward +€64,323
up €64,323 (+164.5%), from €39,096 to €103,419
- Current portion of long-term debt -€20,793
down €20,793 (-100.0%), from €20,793 to €0
- Financial charges -€66,952
down €66,952 (-96.8%), from €69,141 to €2,189
- Gross operating margin -€41,092
down €41,092 (-28.8%), from €142,892 to €101,800
- Depreciation -€14,208
down €14,208 (-74.9%), from €18,959 to €4,751
- Taxes +€1,577
up €1,577 (+9.3%), from €16,949 to €18,525
- Financial income +€1,573
up €1,573 (+110.8%), from €1,419 to €2,993
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 | €440,464 | €362,957 | -€77,507 | -17.6% |
| Fixed assets | 21/28 | €67,673 | €28,742 | -€38,931 | -57.5% |
| Tangible fixed assets | 22/27 | €67,673 | €28,742 | -€38,931 | -57.5% |
| Furniture and vehicles | 24 | €38,144 | €1,604 | -€36,540 | -95.8% |
| Other tangible fixed assets | 26 | €29,529 | €27,138 | -€2,391 | -8.1% |
| Current assets | 29/58 | €372,791 | €334,215 | -€38,576 | -10.3% |
| Amounts receivable within one year | 40/41 | €41,112 | €51,753 | +€10,642 | +25.9% |
| Trade receivables | 40 | €39,275 | €31,390 | -€7,885 | -20.1% |
| Other amounts receivable | 41 | €1,836 | €20,363 | +€18,527 | +1008.9% |
| Cash at bank and in hand | 54/58 | €328,433 | €278,091 | -€50,342 | -15.3% |
| Deferred charges and accrued income | 490/1 | €3,246 | €4,371 | +€1,125 | +34.7% |
| Total equity and liabilities | 10/49 | €440,464 | €362,957 | -€77,507 | -17.6% |
| Equity | 10/15 | €278,916 | €343,238 | +€64,323 | +23.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €231,760 | €231,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €231,760 | €231,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,096 | €103,419 | +€64,323 | +164.5% |
| Amounts payable | 17/49 | €161,548 | €19,718 | -€141,830 | -87.8% |
| Amounts payable within one year | 42/48 | €161,548 | €19,718 | -€141,830 | -87.8% |
| Current portion of amounts payable after more than one year | 42 | €20,793 | €0 | -€20,793 | -100.0% |
| Trade debts | 44 | €7,495 | €7,502 | +€7 | +0.1% |
| Suppliers | 440/4 | €7,495 | €7,502 | +€7 | +0.1% |
| Taxes, remuneration and social security | 45 | €16,423 | €12,216 | -€4,207 | -25.6% |
| Taxes | 450/3 | €16,423 | €12,216 | -€4,207 | -25.6% |
| Other amounts payable | 47/48 | €116,837 | €0 | -€116,837 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,959 | €4,751 | -€14,208 | -74.9% |
| Other operating charges | 640/8 | €1,597 | €1,860 | +€263 | +16.5% |
| Non-recurring operating charges | 66A | - | €13,144 | +€13,144 | |
| Gross operating margin | 9900 | €142,892 | €101,800 | -€41,092 | -28.8% |
| Operating profit (loss) | 9901 | €122,336 | €82,044 | -€40,292 | -32.9% |
| Financial income | 75/76B | €1,419 | €2,993 | +€1,573 | +110.8% |
| Recurring financial income | 75 | €1,419 | €2,993 | +€1,573 | +110.8% |
| Financial charges | 65/66B | €69,141 | €2,189 | -€66,952 | -96.8% |
| Recurring financial charges | 65 | €69,141 | €2,189 | -€66,952 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | €54,615 | €82,848 | +€28,233 | +51.7% |
| Income taxes | 67/77 | €16,949 | €18,525 | +€1,577 | +9.3% |
| Profit (loss) for the period | 9904 | €37,666 | €64,323 | +€26,656 | +70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,666 | €64,323 | +€26,656 | +70.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.