DUNES: 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.
DUNES
Largest movements
- Cash -€4,968
down €4,968 (-5.5%), from €90,421 to €85,454
mainly Other debts (-€55,430) and Tax, wage and social debts (-€14,147)
- Stocks and contracts +€3,280
up €3,280 (+7.5%), from €43,584 to €46,864
- Receivables within one year +€2,830
new in 2023: €2,830
- Tangible fixed assets -€2,818
down €2,818 (-32.5%), from €8,673 to €5,855
of which Plant, machinery and equipment: -€2,238
- Reserves +€55,477
up €55,477 (+186%), from €29,896 to €85,373
- Other debts -€55,430
down €55,430 (-63.7%), from €87,036 to €31,606
- Tax, wage and social debts -€14,147
down €14,147 (-94.8%), from €14,925 to €778
- Trade debts +€12,418
up €12,418 (+202%), from €6,144 to €18,562
- Gross operating margin +€33,464
up €33,464 (+86.9%), from €38,497 to €71,961
- Taxes +€6,785
up €6,785 (+88.4%), from €7,678 to €14,463
- Financial income +€2,308
up €2,308 (+278%), from €831 to €3,139
- Depreciation +€1,876
up €1,876 (+199%), from €942 to €2,818
- Financial charges +€1,031
up €1,031 (+156%), from €662 to €1,693
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,001 | €141,319 | -€1,682 | -1.2% |
| Fixed assets | 21/28 | €8,673 | €5,855 | -€2,818 | -32.5% |
| Tangible fixed assets | 22/27 | €8,673 | €5,855 | -€2,818 | -32.5% |
| Plant, machinery and equipment | 23 | €5,966 | €3,728 | -€2,238 | -37.5% |
| Furniture and vehicles | 24 | €2,707 | €2,127 | -€580 | -21.4% |
| Current assets | 29/58 | €134,328 | €135,464 | +€1,136 | +0.8% |
| Stocks and contracts in progress | 3 | €43,584 | €46,864 | +€3,280 | +7.5% |
| Stocks | 30/36 | €43,584 | €46,864 | +€3,280 | +7.5% |
| Amounts receivable within one year | 40/41 | - | €2,830 | +€2,830 | |
| Other amounts receivable | 41 | - | €2,830 | +€2,830 | |
| Cash at bank and in hand | 54/58 | €90,421 | €85,454 | -€4,968 | -5.5% |
| Deferred charges and accrued income | 490/1 | €323 | €316 | -€7 | -2.1% |
| Total equity and liabilities | 10/49 | €143,001 | €141,319 | -€1,682 | -1.2% |
| Equity | 10/15 | €34,896 | €90,373 | +€55,477 | +159% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €29,896 | €85,373 | +€55,477 | +186% |
| Distributable reserves | 133 | €29,896 | €85,373 | +€55,477 | +186% |
| Amounts payable | 17/49 | €108,105 | €50,946 | -€57,159 | -52.9% |
| Amounts payable within one year | 42/48 | €108,105 | €50,946 | -€57,159 | -52.9% |
| Trade debts | 44 | €6,144 | €18,562 | +€12,418 | +202% |
| Suppliers | 440/4 | €6,144 | €18,562 | +€12,418 | +202% |
| Taxes, remuneration and social security | 45 | €14,925 | €778 | -€14,147 | -94.8% |
| Taxes | 450/3 | €14,925 | €778 | -€14,147 | -94.8% |
| Other amounts payable | 47/48 | €87,036 | €31,606 | -€55,430 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | €2,818 | +€1,876 | +199% |
| Other operating charges | 640/8 | €150 | €649 | +€499 | +333% |
| Gross operating margin | 9900 | €38,497 | €71,961 | +€33,464 | +86.9% |
| Operating profit (loss) | 9901 | €37,405 | €68,493 | +€31,089 | +83.1% |
| Financial income | 75/76B | €831 | €3,139 | +€2,308 | +278% |
| Recurring financial income | 75 | €831 | €3,139 | +€2,308 | +278% |
| Financial charges | 65/66B | €662 | €1,693 | +€1,031 | +156% |
| Recurring financial charges | 65 | €662 | €1,693 | +€1,031 | +156% |
| Profit (loss) for the period before taxes | 9903 | €37,574 | €69,940 | +€32,365 | +86.1% |
| Income taxes | 67/77 | €7,678 | €14,463 | +€6,785 | +88.4% |
| Profit (loss) for the period | 9904 | €29,896 | €55,477 | +€25,580 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,896 | €55,477 | +€25,580 | +85.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.