DYNAMIC CONCEPT: 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.
DYNAMIC CONCEPT
Largest movements
- Tangible fixed assets +€19,658
up €19,658 (+46.1%), from €42,618 to €62,276
of which Furniture and vehicles: +€28,537
- Receivables within one year -€17,534
down €17,534 (-20.6%), from €85,122 to €67,588
of which Trade receivables: -€19,801
- Stocks and contracts +€16,000
up €16,000 (+18.1%), from €88,600 to €104,600
- Deferred charges and accrued income -€5,396
down €5,396 (-15.1%), from €35,765 to €30,369
- Cash -€3,561
down €3,561 (-60.4%), from €5,891 to €2,330
mainly Net result for the year (-€103,130) and Investment in fixed assets (net) (-€36,172)
- Debts after one year +€105,290
up €105,290 (+62.1%), from €169,592 to €274,882
- Profit (loss) carried forward -€103,130
down €103,130 (-281.5%), from -€36,636 to -€139,766
- Trade debts +€12,620
up €12,620 (+15.3%), from €82,359 to €94,979
- Tax, wage and social debts -€7,238
down €7,238 (-92.3%), from €7,838 to €600
of which Taxes: -€6,340
- Gross operating margin -€87,625
down €87,625, from €5,920 to -€81,705
- Other operating charges -€20,204
down €20,204 (-92.3%), from €21,885 to €1,681
- Depreciation +€5,770
up €5,770 (+53.7%), from €10,744 to €16,514
- Financial charges +€2,359
up €2,359 (+569.8%), from €414 to €2,773
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 | €259,589 | €268,756 | +€9,167 | +3.5% |
| Fixed assets | 21/28 | €42,618 | €62,276 | +€19,658 | +46.1% |
| Tangible fixed assets | 22/27 | €42,618 | €62,276 | +€19,658 | +46.1% |
| Furniture and vehicles | 24 | €4,301 | €32,838 | +€28,537 | +663.5% |
| Other tangible fixed assets | 26 | €38,317 | €29,438 | -€8,879 | -23.2% |
| Current assets | 29/58 | €216,971 | €206,480 | -€10,491 | -4.8% |
| Amounts receivable after more than one year | 29 | €1,593 | €1,593 | = | 0.0% |
| Other amounts receivable | 291 | €1,593 | €1,593 | = | 0.0% |
| Stocks and contracts in progress | 3 | €88,600 | €104,600 | +€16,000 | +18.1% |
| Stocks | 30/36 | €88,600 | €104,600 | +€16,000 | +18.1% |
| Amounts receivable within one year | 40/41 | €85,122 | €67,588 | -€17,534 | -20.6% |
| Trade receivables | 40 | €85,122 | €65,321 | -€19,801 | -23.3% |
| Other amounts receivable | 41 | - | €2,267 | +€2,267 | |
| Cash at bank and in hand | 54/58 | €5,891 | €2,330 | -€3,561 | -60.4% |
| Deferred charges and accrued income | 490/1 | €35,765 | €30,369 | -€5,396 | -15.1% |
| Total equity and liabilities | 10/49 | €259,589 | €268,756 | +€9,167 | +3.5% |
| Equity | 10/15 | -€1,826 | -€104,956 | -€103,130 | -5647.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,210 | €16,210 | = | 0.0% |
| Distributable reserves | 133 | €16,210 | €16,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,636 | -€139,766 | -€103,130 | -281.5% |
| Amounts payable | 17/49 | €261,415 | €373,712 | +€112,297 | +43.0% |
| Amounts payable after more than one year | 17 | €169,592 | €274,882 | +€105,290 | +62.1% |
| Other amounts payable | 178/9 | €169,592 | €274,882 | +€105,290 | +62.1% |
| Amounts payable within one year | 42/48 | €90,197 | €95,579 | +€5,382 | +6.0% |
| Trade debts | 44 | €82,359 | €94,979 | +€12,620 | +15.3% |
| Suppliers | 440/4 | €82,359 | €94,979 | +€12,620 | +15.3% |
| Taxes, remuneration and social security | 45 | €7,838 | €600 | -€7,238 | -92.3% |
| Taxes | 450/3 | €6,940 | €600 | -€6,340 | -91.4% |
| Remuneration and social security | 454/9 | €898 | - | -€898 | |
| Accrued charges and deferred income | 492/3 | €1,626 | €3,251 | +€1,625 | +99.9% |
| Non-recurring operating income | 76A | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,744 | €16,514 | +€5,770 | +53.7% |
| Other operating charges | 640/8 | €21,885 | €1,681 | -€20,204 | -92.3% |
| Non-recurring operating charges | 66A | €585 | - | -€585 | |
| Gross operating margin | 9900 | €5,920 | -€81,705 | -€87,625 | |
| Operating profit (loss) | 9901 | -€27,294 | -€99,900 | -€72,606 | -266.0% |
| Financial income | 75/76B | €1 | €9 | +€8 | +800.0% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +800.0% |
| Financial charges | 65/66B | €414 | €2,773 | +€2,359 | +569.8% |
| Recurring financial charges | 65 | €414 | €2,773 | +€2,359 | +569.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,707 | -€102,664 | -€74,957 | -270.5% |
| Income taxes | 67/77 | €192 | €466 | +€274 | +142.7% |
| Profit (loss) for the period | 9904 | -€27,899 | -€103,130 | -€75,231 | -269.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,899 | -€103,130 | -€75,231 | -269.7% |
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 29 September 2026 via checked.be.