DX PROJECT: 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.
DX PROJECT
Largest movements
- Receivables within one year +€55,212
up €55,212 (+152.1%), from €36,303 to €91,515
of which Trade receivables: +€40,499
- Cash -€2,727
no longer reported in 2025 (was €2,727)
mainly Receivables within one year (-€55,212) and Investment in fixed assets (net) (-€2,144)
- Deferred charges and accrued income +€1,222
new in 2025: €1,222
- Profit (loss) carried forward +€24,148
up €24,148 (+94.3%), from €25,615 to €49,763
- Trade debts +€8,139
up €8,139 (+90.2%), from €9,025 to €17,164
- Debts after one year +€6,266
new in 2025: €6,266
- Short-term financial debts +€4,984
new in 2025: €4,984
- Tax, wage and social debts +€4,159
up €4,159 (+64.1%), from €6,489 to €10,647
- Gross operating margin +€11,875
up €11,875 (+49.1%), from €24,208 to €36,083
- Taxes +€2,511
up €2,511 (+55.9%), from €4,489 to €7,000
- Depreciation +€1,670
up €1,670 (+160.4%), from €1,041 to €2,711
- Financial charges +€778
up €778 (+1064.0%), from €73 to €851
- Other operating charges -€677
down €677 (-44.4%), from €1,527 to €850
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 | €47,629 | €100,768 | +€53,140 | +111.6% |
| Fixed assets | 21/28 | €8,598 | €8,031 | -€567 | -6.6% |
| Tangible fixed assets | 22/27 | €8,598 | €8,031 | -€567 | -6.6% |
| Plant, machinery and equipment | 23 | €7,467 | €5,316 | -€2,151 | -28.8% |
| Furniture and vehicles | 24 | €1,132 | €2,715 | +€1,584 | +139.9% |
| Current assets | 29/58 | €39,030 | €92,737 | +€53,707 | +137.6% |
| Amounts receivable within one year | 40/41 | €36,303 | €91,515 | +€55,212 | +152.1% |
| Trade receivables | 40 | €24,577 | €65,076 | +€40,499 | +164.8% |
| Other amounts receivable | 41 | €11,726 | €26,439 | +€14,713 | +125.5% |
| Cash at bank and in hand | 54/58 | €2,727 | - | -€2,727 | |
| Deferred charges and accrued income | 490/1 | - | €1,222 | +€1,222 | |
| Total equity and liabilities | 10/49 | €47,629 | €100,768 | +€53,140 | +111.6% |
| Equity | 10/15 | €30,615 | €54,763 | +€24,148 | +78.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,615 | €49,763 | +€24,148 | +94.3% |
| Amounts payable | 17/49 | €17,013 | €46,005 | +€28,992 | +170.4% |
| Amounts payable after more than one year | 17 | - | €6,266 | +€6,266 | |
| Financial debts | 170/4 | - | €6,266 | +€6,266 | |
| Amounts payable within one year | 42/48 | €17,013 | €36,008 | +€18,994 | +111.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,212 | +€3,212 | |
| Financial debts | 43 | - | €4,984 | +€4,984 | |
| Credit institutions | 430/8 | - | €4,984 | +€4,984 | |
| Trade debts | 44 | €9,025 | €17,164 | +€8,139 | +90.2% |
| Suppliers | 440/4 | €9,025 | €17,164 | +€8,139 | +90.2% |
| Advances received on contracts in progress | 46 | €1,500 | - | -€1,500 | |
| Taxes, remuneration and social security | 45 | €6,489 | €10,647 | +€4,159 | +64.1% |
| Taxes | 450/3 | €6,489 | €10,647 | +€4,159 | +64.1% |
| Accrued charges and deferred income | 492/3 | - | €3,731 | +€3,731 | |
| Remuneration, social security and pensions | 62 | - | €540 | +€540 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,041 | €2,711 | +€1,670 | +160.4% |
| Other operating charges | 640/8 | €1,527 | €850 | -€677 | -44.4% |
| Gross operating margin | 9900 | €24,208 | €36,083 | +€11,875 | +49.1% |
| Operating profit (loss) | 9901 | €21,640 | €31,982 | +€10,342 | +47.8% |
| Financial income | 75/76B | €141 | €17 | -€124 | -87.8% |
| Recurring financial income | 75 | €141 | €17 | -€124 | -87.8% |
| Financial charges | 65/66B | €73 | €851 | +€778 | +1064.0% |
| Recurring financial charges | 65 | €73 | €851 | +€778 | +1064.0% |
| Profit (loss) for the period before taxes | 9903 | €21,708 | €31,148 | +€9,440 | +43.5% |
| Income taxes | 67/77 | €4,489 | €7,000 | +€2,511 | +55.9% |
| Profit (loss) for the period | 9904 | €17,219 | €24,148 | +€6,929 | +40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,219 | €24,148 | +€6,929 | +40.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.