DT 14: what changed
DT 14
Largest movements
- Cash +€27,010
up €27,010 (+46.3%), from €58,308 to €85,318
mainly Net result for the year (+€53,010) and Trade debts (+€2,491)
- Tangible fixed assets +€18,348
up €18,348 (+656%), from €2,797 to €21,145
of which Land and buildings: +€19,449
- Receivables within one year +€6,293
up €6,293 (+3,282%), from €192 to €6,485
of which Other amounts receivable: +€6,349
- Deferred charges and accrued income +€3,715
up €3,715 (+201%), from €1,852 to €5,567
- Reserves +€53,010
up €53,010 (+99.9%), from €53,055 to €106,065
- Trade debts +€2,491
up €2,491 (+690%), from €361 to €2,852
- Gross operating margin +€15,935
up €15,935 (+30.3%), from €52,531 to €68,466
- Taxes +€1,224
up €1,224 (+9.9%), from €12,374 to €13,598
- Depreciation +€749
up €749 (+104%), from €720 to €1,469
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,149 | €118,516 | +€55,366 | +87.7% |
| Fixed assets | 21/28 | €2,797 | €21,145 | +€18,348 | +656% |
| Tangible fixed assets | 22/27 | €2,797 | €21,145 | +€18,348 | +656% |
| Land and buildings | 22 | - | €19,449 | +€19,449 | |
| Furniture and vehicles | 24 | €2,797 | €1,696 | -€1,101 | -39.4% |
| Current assets | 29/58 | €60,352 | €97,370 | +€37,018 | +61.3% |
| Amounts receivable within one year | 40/41 | €192 | €6,485 | +€6,293 | +3,282% |
| Trade receivables | 40 | €106 | €50 | -€56 | -52.7% |
| Other amounts receivable | 41 | €86 | €6,435 | +€6,349 | +7,377% |
| Cash at bank and in hand | 54/58 | €58,308 | €85,318 | +€27,010 | +46.3% |
| Deferred charges and accrued income | 490/1 | €1,852 | €5,567 | +€3,715 | +201% |
| Total equity and liabilities | 10/49 | €63,149 | €118,516 | +€55,366 | +87.7% |
| Equity | 10/15 | €57,055 | €110,065 | +€53,010 | +92.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €53,055 | €106,065 | +€53,010 | +99.9% |
| Distributable reserves | 133 | €53,055 | €106,065 | +€53,010 | +99.9% |
| Amounts payable | 17/49 | €6,094 | €8,450 | +€2,356 | +38.7% |
| Amounts payable within one year | 42/48 | €6,094 | €8,450 | +€2,356 | +38.7% |
| Trade debts | 44 | €361 | €2,852 | +€2,491 | +690% |
| Suppliers | 440/4 | €361 | €2,852 | +€2,491 | +690% |
| Taxes, remuneration and social security | 45 | €4,874 | €5,598 | +€724 | +14.8% |
| Taxes | 450/3 | €4,874 | €5,598 | +€724 | +14.8% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €720 | €1,469 | +€749 | +104% |
| Other operating charges | 640/8 | €569 | €632 | +€63 | +11.1% |
| Gross operating margin | 9900 | €52,531 | €68,466 | +€15,935 | +30.3% |
| Operating profit (loss) | 9901 | €51,241 | €66,365 | +€15,123 | +29.5% |
| Financial income | 75/76B | - | €295 | +€295 | |
| Recurring financial income | 75 | - | €295 | +€295 | |
| Financial charges | 65/66B | €58 | €51 | -€7 | -12.3% |
| Recurring financial charges | 65 | €58 | €51 | -€7 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €51,184 | €66,609 | +€15,425 | +30.1% |
| Income taxes | 67/77 | €12,374 | €13,598 | +€1,224 | +9.9% |
| Profit (loss) for the period | 9904 | €38,809 | €53,010 | +€14,201 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,809 | €53,010 | +€14,201 | +36.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.