DYNAMATE: 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.
What changed
DYNAMATE
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5.4m
2024 · €6.5m-€1.1m
Equity
€4.8m
2024 · €334,024+€4.4m
Cash
€3.1m
2024 · €1.3m+€1.8m
Balance sheet total
€17.3m
2024 · €12.0m+€5.3m
Largest movements
Assets
- Financial fixed assets +€3.5m
new in 2025: €3.5m
- Receivables after one year -€3.5m
down €3.5m (-100.0%), from €3.5m to €0
- Intangible fixed assets +€3.1m
up €3.1m (+10827.9%), from €28,341 to €3.1m
- Cash +€1.8m
up €1.8m (+133.1%), from €1.3m to €3.1m
mainly Net result for the year (+€5.4m) and Receivables after one year (+€3.5m)
- Deferred charges and accrued income +€411,496
up €411,496 (+21.3%), from €1.9m to €2.3m
Equity and liabilities
- Reserves +€4.4m
up €4.4m (+4260.1%), from €103,828 to €4.5m
of which Distributable reserves: +€4.4m
- Other debts -€1.6m
down €1.6m (-25.1%), from €6.5m to €4.9m
- Tax, wage and social debts +€1.1m
up €1.1m (+66.6%), from €1.6m to €2.6m
of which Remuneration and social security: +€729,302
- Accrued charges and deferred income +€862,710
up €862,710 (+32.4%), from €2.7m to €3.5m
- Trade debts +€651,482
up €651,482 (+79.6%), from €818,074 to €1.5m
Income statement
- Turnover +€7.7m
up €7.7m (+35.0%), from €21.9m to €29.5m
- Goods and materials +€3.0m
up €3.0m (+47.0%), from €6.4m to €9.4m
of which Purchases: +€3.1m
- Staff costs +€2.5m
up €2.5m (+52.1%), from €4.8m to €7.3m
- Services and other goods +€1.8m
up €1.8m (+58.1%), from €3.1m to €5.0m
- Taxes +€468,453
up €468,453 (+31.3%), from €1.5m to €2.0m
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.
Result 2024
€6.5m
Turnover
+€7.7m
Other operating income
+€225,631
Goods and materials
-€3.0m
Services and other goods
-€1.8m
Staff costs
-€2.5m
Depreciation
-€438,048
Write-downs
-€42,670
Other operating charges
+€593
Other operating items
-€472,324
Financial income
-€19,130
Financial charges
-€197,915
Taxes
-€468,453
Result 2025
€5.4m
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.
From operations
+€10.1m
Investment
-€7.3m
Financing
-€1.0m
Cash 2024
€1.3m
From operations (derived)
+€10.1m
Net result for the year
+€5.4m
Depreciation
+€523,472
Receivables after one year
+€3.5m
Stocks and contracts
-€95,010
Receivables within one year
+€306,420
Deferred charges and accrued income
-€411,496
Trade debts
+€651,482
Tax, wage and social debts
+€1.1m
Advances received
-€89,393
Other debts
-€1.6m
Accrued charges and deferred income
+€862,710
Investment (derived)
-€7.3m
Investment in fixed assets (net)
-€7.3m
Financing
-€1.0m
Contributions, distributions and other
-€1.0m
Cash 2025
€3.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,986,600 | €17,256,660 | +€5.3m | +44.0% |
| Fixed assets | 21/28 | €234,797 | €7,041,975 | +€6.8m | +2899.2% |
| Intangible fixed assets | 21 | €28,341 | €3,097,077 | +€3.1m | +10827.9% |
| Tangible fixed assets | 22/27 | €206,456 | €444,898 | +€238,442 | +115.5% |
| Plant, machinery and equipment | 23 | €163,071 | €340,032 | +€176,961 | +108.5% |
| Furniture and vehicles | 24 | €43,385 | €79,324 | +€35,939 | +82.8% |
| Other tangible fixed assets | 26 | - | €25,542 | +€25,542 | |
| Financial fixed assets | 28 | - | €3,500,000 | +€3.5m | |
| Affiliated companies | 280/1 | - | €3,500,000 | +€3.5m | |
| Amounts receivable | 281 | - | €3,500,000 | +€3.5m | |
| Current assets | 29/58 | €11,751,804 | €10,214,685 | -€1.5m | -13.1% |
| Amounts receivable after more than one year | 29 | €3,500,000 | €0 | -€3.5m | -100.0% |
| Other amounts receivable | 291 | €3,500,000 | €0 | -€3.5m | -100.0% |
| Stocks and contracts in progress | 3 | €25,186 | €120,196 | +€95,010 | +377.2% |
| Stocks | 30/36 | €25,186 | €120,196 | +€95,010 | +377.2% |
| Goods purchased for resale | 34 | €25,186 | €120,196 | +€95,010 | +377.2% |
| Amounts receivable within one year | 40/41 | €4,969,260 | €4,662,839 | -€306,420 | -6.2% |
| Trade receivables | 40 | €2,860,896 | €3,707,603 | +€846,708 | +29.6% |
| Other amounts receivable | 41 | €2,108,364 | €955,236 | -€1.2m | -54.7% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,324,658 | €3,087,454 | +€1.8m | +133.1% |
| Deferred charges and accrued income | 490/1 | €1,932,700 | €2,344,197 | +€411,496 | +21.3% |
| Total equity and liabilities | 10/49 | €11,986,600 | €17,256,660 | +€5.3m | +44.0% |
| Equity | 10/15 | €334,024 | €4,757,203 | +€4.4m | +1324.2% |
| Contributions | 10/11 | €230,196 | €230,196 | = | 0.0% |
| Capital | 10 | €230,196 | €230,196 | = | 0.0% |
| Issued capital | 100 | €230,196 | €230,196 | = | 0.0% |
| Reserves | 13 | €103,828 | €4,527,007 | +€4.4m | +4260.1% |
| Non-distributable reserves | 130/1 | €23,020 | €23,020 | = | 0.0% |
| Legal reserve | 130 | €23,020 | €23,020 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,002 | €12,002 | = | 0.0% |
| Distributable reserves | 133 | €68,806 | €4,491,986 | +€4.4m | +6428.4% |
| Amounts payable | 17/49 | €11,652,577 | €12,499,457 | +€846,881 | +7.3% |
| Amounts payable within one year | 42/48 | €8,986,258 | €8,970,428 | -€15,830 | -0.2% |
| Trade debts | 44 | €818,074 | €1,469,556 | +€651,482 | +79.6% |
| Suppliers | 440/4 | €818,074 | €1,469,556 | +€651,482 | +79.6% |
| Advances received on contracts in progress | 46 | €89,393 | €0 | -€89,393 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,578,791 | €2,630,872 | +€1.1m | +66.6% |
| Taxes | 450/3 | €500,241 | €823,019 | +€322,778 | +64.5% |
| Remuneration and social security | 454/9 | €1,078,551 | €1,807,853 | +€729,302 | +67.6% |
| Other amounts payable | 47/48 | €6,500,000 | €4,870,000 | -€1.6m | -25.1% |
| Accrued charges and deferred income | 492/3 | €2,666,318 | €3,529,029 | +€862,710 | +32.4% |
| Operating income | 70/76A | €22,392,178 | €30,296,787 | +€7.9m | +35.3% |
| Turnover | 70 | €21,865,867 | €29,524,726 | +€7.7m | +35.0% |
| Other operating income | 74 | €504,268 | €729,899 | +€225,631 | +44.7% |
| Non-recurring operating income | 76A | €22,043 | €42,162 | +€20,119 | +91.3% |
| Operating charges | 60/66A | €14,493,886 | €22,808,557 | +€8.3m | +57.4% |
| Goods for resale, raw materials and consumables | 60 | €6,422,091 | €9,438,083 | +€3.0m | +47.0% |
| Purchases | 600/8 | €6,371,500 | €9,449,515 | +€3.1m | +48.3% |
| Change in stocks: decrease (increase) | 609 | €50,591 | -€11,432 | -€62,023 | |
| Services and other goods | 61 | €3,144,059 | €4,970,712 | +€1.8m | +58.1% |
| Remuneration, social security and pensions | 62 | €4,798,496 | €7,297,955 | +€2.5m | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,424 | €523,472 | +€438,048 | +512.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €42,670 | +€42,670 | |
| Other operating charges | 640/8 | €28,299 | €27,706 | -€593 | -2.1% |
| Non-recurring operating charges | 66A | €15,517 | €507,960 | +€492,443 | +3173.6% |
| Operating profit (loss) | 9901 | €7,898,292 | €7,488,230 | -€410,061 | -5.2% |
| Financial income | 75/76B | €209,008 | €189,878 | -€19,130 | -9.2% |
| Recurring financial income | 75 | €209,008 | €189,878 | -€19,130 | -9.2% |
| Income from financial fixed assets | 750 | €4,507 | €115,756 | +€111,249 | +2468.5% |
| Income from current assets | 751 | €165,168 | €25,862 | -€139,307 | -84.3% |
| Other financial income | 752/9 | €39,333 | €48,260 | +€8,927 | +22.7% |
| Financial charges | 65/66B | €89,696 | €287,611 | +€197,915 | +220.7% |
| Recurring financial charges | 65 | €89,696 | €287,611 | +€197,915 | +220.7% |
| Debt charges | 650 | €82,147 | €279,417 | +€197,269 | +240.1% |
| Other financial charges | 652/9 | €7,549 | €8,195 | +€646 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €8,017,604 | €7,390,497 | -€627,107 | -7.8% |
| Income taxes | 67/77 | €1,498,865 | €1,967,318 | +€468,453 | +31.3% |
| Taxes | 670/3 | €1,498,865 | €1,967,318 | +€468,453 | +31.3% |
| Profit (loss) for the period | 9904 | €6,518,739 | €5,423,179 | -€1.1m | -16.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €6,518,739 | €5,423,179 | -€1.1m | -16.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.