DUNE: 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.
DUNE
Largest movements
- Cash -€10,760
down €10,760 (-6.1%), from €177,105 to €166,345
mainly Trade debts (-€12,404) and Other debts (-€11,995)
- Tangible fixed assets -€6,687
down €6,687 (-25.8%), from €25,883 to €19,196
of which Furniture and vehicles: -€4,313
- Receivables within one year -€4,629
down €4,629 (-6.9%), from €66,615 to €61,985
of which Trade receivables: -€8,383
- Trade debts -€12,404
down €12,404 (-69.2%), from €17,913 to €5,508
- Other debts -€11,995
down €11,995 (-34.9%), from €34,351 to €22,356
- Tax, wage and social debts -€6,221
down €6,221 (-17.4%), from €35,689 to €29,468
of which Remuneration and social security: -€3,198
- Reserves +€6,000
up €6,000 (+5.6%), from €108,066 to €114,066
of which Distributable reserves: +€6,000
- Turnover -€55,807
down €55,807 (-7.7%), from €723,903 to €668,097
- Purchases and services -€35,538
down €35,538 (-5.9%), from €607,056 to €571,518
- Gross operating margin -€28,146
down €28,146 (-21.5%), from €130,991 to €102,845
- Staff costs -€9,808
down €9,808 (-11.4%), from €86,125 to €76,316
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 | €272,759 | €249,022 | -€23,737 | -8.7% |
| Fixed assets | 21/28 | €26,106 | €19,419 | -€6,687 | -25.6% |
| Tangible fixed assets | 22/27 | €25,883 | €19,196 | -€6,687 | -25.8% |
| Plant, machinery and equipment | 23 | €5,592 | €4,089 | -€1,503 | -26.9% |
| Furniture and vehicles | 24 | €8,626 | €4,313 | -€4,313 | -50.0% |
| Other tangible fixed assets | 26 | €11,665 | €10,794 | -€871 | -7.5% |
| Financial fixed assets | 28 | €223 | €223 | = | 0.0% |
| Current assets | 29/58 | €246,653 | €229,603 | -€17,050 | -6.9% |
| Amounts receivable within one year | 40/41 | €66,615 | €61,985 | -€4,629 | -6.9% |
| Trade receivables | 40 | €50,776 | €42,394 | -€8,383 | -16.5% |
| Other amounts receivable | 41 | €15,838 | €19,592 | +€3,754 | +23.7% |
| Cash at bank and in hand | 54/58 | €177,105 | €166,345 | -€10,760 | -6.1% |
| Deferred charges and accrued income | 490/1 | €2,933 | €1,273 | -€1,660 | -56.6% |
| Total equity and liabilities | 10/49 | €272,759 | €249,022 | -€23,737 | -8.7% |
| Equity | 10/15 | €184,807 | €191,690 | +€6,883 | +3.7% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €108,066 | €114,066 | +€6,000 | +5.6% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €100,629 | €106,629 | +€6,000 | +6.0% |
| Profit (loss) carried forward | 14 | €2,373 | €3,256 | +€883 | +37.2% |
| Amounts payable | 17/49 | €87,952 | €57,332 | -€30,620 | -34.8% |
| Amounts payable within one year | 42/48 | €87,952 | €57,332 | -€30,620 | -34.8% |
| Trade debts | 44 | €17,913 | €5,508 | -€12,404 | -69.2% |
| Suppliers | 440/4 | €17,913 | €5,508 | -€12,404 | -69.2% |
| Taxes, remuneration and social security | 45 | €35,689 | €29,468 | -€6,221 | -17.4% |
| Taxes | 450/3 | €22,027 | €19,005 | -€3,023 | -13.7% |
| Remuneration and social security | 454/9 | €13,662 | €10,463 | -€3,198 | -23.4% |
| Other amounts payable | 47/48 | €34,351 | €22,356 | -€11,995 | -34.9% |
| Turnover | 70 | €723,903 | €668,097 | -€55,807 | -7.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €607,056 | €571,518 | -€35,538 | -5.9% |
| Remuneration, social security and pensions | 62 | €86,125 | €76,316 | -€9,808 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,952 | €6,687 | +€735 | +12.3% |
| Other operating charges | 640/8 | €2,437 | €2,525 | +€87 | +3.6% |
| Gross operating margin | 9900 | €130,991 | €102,845 | -€28,146 | -21.5% |
| Operating profit (loss) | 9901 | €36,477 | €17,317 | -€19,160 | -52.5% |
| Financial income | 75/76B | €1,238 | €591 | -€647 | -52.3% |
| Recurring financial income | 75 | €1,238 | €591 | -€647 | -52.3% |
| Financial charges | 65/66B | €5,097 | €4,580 | -€517 | -10.2% |
| Recurring financial charges | 65 | €5,097 | €4,580 | -€517 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €32,617 | €13,328 | -€19,289 | -59.1% |
| Income taxes | 67/77 | €8,930 | €6,445 | -€2,485 | -27.8% |
| Profit (loss) for the period | 9904 | €23,687 | €6,883 | -€16,804 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,687 | €6,883 | -€16,804 | -70.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.