DYNAMIC: 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.
What changed
DYNAMIC
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€740,760
2024 · €548,682+€192,078
Equity
€4.6m
2024 · €3.9m+€673,006
Cash
€660,183
2024 · €223,977+€436,206
Balance sheet total
€14.0m
2024 · €13.9m+€77,574
Largest movements
Assets
- Cash +€436,206
up €436,206 (+195%), from €223,977 to €660,183
mainly Net result for the year (+€740,760) and Depreciation (+€351,549)
- Receivables within one year -€313,975
down €313,975 (-44.7%), from €702,109 to €388,134
of which Trade receivables: -€453,966
- Tangible fixed assets -€247,205
down €247,205 (-3.0%), from €8.3m to €8.1m
of which Land and buildings: -€241,340
Equity and liabilities
- Reserves +€673,006
up €673,006 (+19.4%), from €3.5m to €4.1m
of which Distributable reserves: +€673,006
- Debts after one year -€469,581
down €469,581 (-11.4%), from €4.1m to €3.7m
- Other debts -€152,385
down €152,385 (-3.1%), from €4.9m to €4.7m
Income statement
- Gross operating margin +€310,539
up €310,539 (+19.7%), from €1.6m to €1.9m
- Taxes +€106,723
up €106,723 (+56.4%), from €189,132 to €295,855
- Other operating charges +€74,607
up €74,607 (+135%), from €55,135 to €129,743
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
€548,682
Gross operating margin
+€310,539
Depreciation
-€9,954
Other operating charges
-€74,607
Other operating items
+€90,284
Financial income
-€3,617
Financial charges
-€13,844
Taxes
-€106,723
Result 2025
€740,760
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.2m
Investment
-€104,344
Financing
-€642,587
Cash 2024
€223,977
From operations (derived)
+€1.2m
Net result for the year
+€740,760
Depreciation
+€351,549
Stocks and contracts
-€124,719
Receivables within one year
+€313,975
Deferred charges and accrued income
-€77,827
Trade debts
+€42,599
Tax, wage and social debts
+€43,005
Advances received
+€531
Other debts
-€152,385
Accrued charges and deferred income
+€45,650
Investment (derived)
-€104,344
Investment in fixed assets (net)
-€104,344
Financing
-€642,587
Debts after one year
-€469,581
Short-term financial debts
-€105,252
Contributions, distributions and other
-€67,754
Cash 2025
€660,183
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,935,669 | €14,013,242 | +€77,574 | +0.6% |
| Fixed assets | 21/28 | €8,325,537 | €8,078,332 | -€247,205 | -3.0% |
| Tangible fixed assets | 22/27 | €8,325,537 | €8,078,332 | -€247,205 | -3.0% |
| Land and buildings | 22 | €8,297,040 | €8,055,699 | -€241,340 | -2.9% |
| Plant, machinery and equipment | 23 | €1,019 | €745 | -€274 | -26.9% |
| Furniture and vehicles | 24 | €27,478 | €21,888 | -€5,590 | -20.3% |
| Current assets | 29/58 | €5,610,132 | €5,934,910 | +€324,778 | +5.8% |
| Amounts receivable after more than one year | 29 | €4,416,000 | €4,416,000 | = | 0.0% |
| Other amounts receivable | 291 | €4,416,000 | €4,416,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €35,000 | €159,719 | +€124,719 | +356% |
| Stocks | 30/36 | €35,000 | €159,719 | +€124,719 | +356% |
| Amounts receivable within one year | 40/41 | €702,109 | €388,134 | -€313,975 | -44.7% |
| Trade receivables | 40 | €570,903 | €116,936 | -€453,966 | -79.5% |
| Other amounts receivable | 41 | €131,206 | €271,198 | +€139,992 | +107% |
| Cash at bank and in hand | 54/58 | €223,977 | €660,183 | +€436,206 | +195% |
| Deferred charges and accrued income | 490/1 | €233,046 | €310,874 | +€77,827 | +33.4% |
| Total equity and liabilities | 10/49 | €13,935,669 | €14,013,242 | +€77,574 | +0.6% |
| Equity | 10/15 | €3,940,822 | €4,613,828 | +€673,006 | +17.1% |
| Contributions | 10/11 | €470,774 | €470,774 | = | 0.0% |
| Reserves | 13 | €3,470,048 | €4,143,054 | +€673,006 | +19.4% |
| Tax-exempt reserves | 132 | €494 | €494 | = | 0.0% |
| Distributable reserves | 133 | €3,469,555 | €4,142,561 | +€673,006 | +19.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €9,994,847 | €9,399,415 | -€595,432 | -6.0% |
| Amounts payable after more than one year | 17 | €4,127,749 | €3,658,168 | -€469,581 | -11.4% |
| Financial debts | 170/4 | €4,127,749 | €3,658,168 | -€469,581 | -11.4% |
| Amounts payable within one year | 42/48 | €5,684,160 | €5,512,659 | -€171,501 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €469,581 | €469,581 | = | 0.0% |
| Financial debts | 43 | €105,252 | €0 | -€105,252 | -100% |
| Credit institutions | 430/8 | €105,252 | €0 | -€105,252 | -100% |
| Trade debts | 44 | €19,799 | €62,398 | +€42,599 | +215% |
| Suppliers | 440/4 | €19,799 | €62,398 | +€42,599 | +215% |
| Advances received on contracts in progress | 46 | €100 | €631 | +€531 | +531% |
| Taxes, remuneration and social security | 45 | €187,180 | €230,185 | +€43,005 | +23.0% |
| Taxes | 450/3 | €187,180 | €230,185 | +€43,005 | +23.0% |
| Other amounts payable | 47/48 | €4,902,249 | €4,749,864 | -€152,385 | -3.1% |
| Accrued charges and deferred income | 492/3 | €182,937 | €228,587 | +€45,650 | +25.0% |
| Non-recurring operating income | 76A | €8,008 | €0 | -€8,008 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341,595 | €351,549 | +€9,954 | +2.9% |
| Other operating charges | 640/8 | €55,135 | €129,743 | +€74,607 | +135% |
| Non-recurring operating charges | 66A | €90,284 | €0 | -€90,284 | -100% |
| Gross operating margin | 9900 | €1,574,056 | €1,884,595 | +€310,539 | +19.7% |
| Operating profit (loss) | 9901 | €1,087,042 | €1,403,304 | +€316,262 | +29.1% |
| Financial income | 75/76B | €45,184 | €41,567 | -€3,617 | -8.0% |
| Recurring financial income | 75 | €45,184 | €41,567 | -€3,617 | -8.0% |
| Financial charges | 65/66B | €394,412 | €408,255 | +€13,844 | +3.5% |
| Recurring financial charges | 65 | €394,412 | €408,255 | +€13,844 | +3.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €737,814 | €1,036,615 | +€298,801 | +40.5% |
| Income taxes | 67/77 | €189,132 | €295,855 | +€106,723 | +56.4% |
| Profit (loss) for the period | 9904 | €548,682 | €740,760 | +€192,078 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €548,682 | €740,760 | +€192,078 | +35.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.