DUNANT PRINT: 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.
DUNANT PRINT
Largest movements
- Receivables within one year +€121,803
up €121,803 (+204%), from €59,792 to €181,596
of which Other amounts receivable: +€136,583
- Cash -€113,762
down €113,762 (-70.2%), from €161,970 to €48,208
mainly Receivables within one year (-€121,803) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets -€9,703
down €9,703 (-23.7%), from €40,897 to €31,194
of which Land and buildings: -€7,514
- Other debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€91,278
down €91,278 (-98.3%), from €92,861 to €1,584
- Tax, wage and social debts -€30,072
down €30,072 (-60.5%), from €49,702 to €19,630
of which Remuneration and social security: -€17,973
- Trade debts +€17,799
up €17,799 (+142%), from €12,500 to €30,298
- Gross operating margin -€101,772
down €101,772 (-44.2%), from €230,024 to €128,252
- Taxes -€23,624
down €23,624 (-85.9%), from €27,488 to €3,864
- Staff costs +€4,886
up €4,886 (+5.0%), from €98,069 to €102,955
- Financial charges -€2,764
down €2,764 (-93.9%), from €2,942 to €179
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 | €274,841 | €272,270 | -€2,571 | -0.9% |
| Fixed assets | 21/28 | €40,935 | €31,231 | -€9,703 | -23.7% |
| Tangible fixed assets | 22/27 | €40,897 | €31,194 | -€9,703 | -23.7% |
| Land and buildings | 22 | €26,404 | €18,889 | -€7,514 | -28.5% |
| Plant, machinery and equipment | 23 | €13,254 | €10,474 | -€2,780 | -21.0% |
| Furniture and vehicles | 24 | €1,240 | €1,830 | +€591 | +47.7% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €233,906 | €241,039 | +€7,132 | +3.0% |
| Stocks and contracts in progress | 3 | €7,509 | €7,543 | +€34 | +0.5% |
| Stocks | 30/36 | €7,509 | €7,543 | +€34 | +0.5% |
| Amounts receivable within one year | 40/41 | €59,792 | €181,596 | +€121,803 | +204% |
| Trade receivables | 40 | €59,592 | €44,813 | -€14,779 | -24.8% |
| Other amounts receivable | 41 | €200 | €136,782 | +€136,583 | +68,370% |
| Cash at bank and in hand | 54/58 | €161,970 | €48,208 | -€113,762 | -70.2% |
| Deferred charges and accrued income | 490/1 | €4,636 | €3,692 | -€943 | -20.4% |
| Total equity and liabilities | 10/49 | €274,841 | €272,270 | -€2,571 | -0.9% |
| Equity | 10/15 | €212,639 | €121,361 | -€91,278 | -42.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €101,186 | €101,186 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,750 | €10,750 | = | 0.0% |
| Distributable reserves | 133 | €90,436 | €90,436 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,861 | €1,584 | -€91,278 | -98.3% |
| Amounts payable | 17/49 | €62,202 | €150,909 | +€88,707 | +143% |
| Amounts payable within one year | 42/48 | €62,202 | €149,929 | +€87,727 | +141% |
| Trade debts | 44 | €12,500 | €30,298 | +€17,799 | +142% |
| Suppliers | 440/4 | €12,500 | €30,298 | +€17,799 | +142% |
| Taxes, remuneration and social security | 45 | €49,702 | €19,630 | -€30,072 | -60.5% |
| Taxes | 450/3 | €28,821 | €16,722 | -€12,099 | -42.0% |
| Remuneration and social security | 454/9 | €20,881 | €2,908 | -€17,973 | -86.1% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | - | €980 | +€980 | |
| Remuneration, social security and pensions | 62 | €98,069 | €102,955 | +€4,886 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,194 | €11,348 | +€2,154 | +23.4% |
| Other operating charges | 640/8 | €1,741 | €1,422 | -€319 | -18.3% |
| Gross operating margin | 9900 | €230,024 | €128,252 | -€101,772 | -44.2% |
| Operating profit (loss) | 9901 | €121,020 | €12,528 | -€108,493 | -89.6% |
| Financial income | 75/76B | €12 | €237 | +€225 | +1,811% |
| Recurring financial income | 75 | €12 | €237 | +€225 | +1,811% |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,942 | €179 | -€2,764 | -93.9% |
| Recurring financial charges | 65 | €2,942 | €179 | -€2,764 | -93.9% |
| Profit (loss) for the period before taxes | 9903 | €118,090 | €12,586 | -€105,504 | -89.3% |
| Income taxes | 67/77 | €27,488 | €3,864 | -€23,624 | -85.9% |
| Profit (loss) for the period | 9904 | €90,602 | €8,722 | -€81,880 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €90,602 | €8,722 | -€81,880 | -90.4% |
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 21 October 2026 via checked.be.