Dynamic Development: 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.
Dynamic Development
Largest movements
- Tangible fixed assets -€18,443
down €18,443 (-4.3%), from €426,914 to €408,471
of which Land and buildings: -€21,104
- Receivables within one year +€12,536
up €12,536 (+51.3%), from €24,452 to €36,988
of which Other amounts receivable: +€22,216
- Reserves +€105,373
new in 2025: €105,373
- Profit (loss) carried forward -€102,683
down €102,683 (-100.0%), from €102,683 to €0
- Debts after one year -€41,032
down €41,032 (-17.2%), from €239,185 to €198,153
- Tax, wage and social debts +€14,499
up €14,499 (+24.4%), from €59,417 to €73,916
of which Taxes: +€21,999
- Other debts +€10,178
up €10,178 (+211.1%), from €4,822 to €15,000
- Gross operating margin +€51,867
up €51,867 (+44.2%), from €117,459 to €169,326
- Taxes +€20,450
up €20,450 (+124.4%), from €16,445 to €36,895
- Financial charges -€4,450
down €4,450 (-17.3%), from €25,650 to €21,200
- Other operating charges +€3,660
up €3,660 (+67.8%), from €5,397 to €9,057
- Depreciation +€2,865
up €2,865 (+11.2%), from €25,616 to €28,480
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 | €452,146 | €445,463 | -€6,683 | -1.5% |
| Fixed assets | 21/28 | €426,914 | €408,471 | -€18,443 | -4.3% |
| Tangible fixed assets | 22/27 | €426,914 | €408,471 | -€18,443 | -4.3% |
| Land and buildings | 22 | €409,046 | €387,942 | -€21,104 | -5.2% |
| Plant, machinery and equipment | 23 | €821 | €4,296 | +€3,475 | +423.5% |
| Furniture and vehicles | 24 | €17,047 | €16,233 | -€814 | -4.8% |
| Current assets | 29/58 | €25,232 | €36,992 | +€11,760 | +46.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €24,452 | €36,988 | +€12,536 | +51.3% |
| Trade receivables | 40 | €9,680 | €0 | -€9,680 | -100.0% |
| Other amounts receivable | 41 | €14,772 | €36,988 | +€22,216 | +150.4% |
| Cash at bank and in hand | 54/58 | €779 | €3 | -€776 | -99.6% |
| Total equity and liabilities | 10/49 | €452,146 | €445,463 | -€6,683 | -1.5% |
| Equity | 10/15 | €104,183 | €106,873 | +€2,690 | +2.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €105,373 | +€105,373 | |
| Distributable reserves | 133 | - | €105,373 | +€105,373 | |
| Profit (loss) carried forward | 14 | €102,683 | €0 | -€102,683 | -100.0% |
| Amounts payable | 17/49 | €347,963 | €338,590 | -€9,373 | -2.7% |
| Amounts payable after more than one year | 17 | €239,185 | €198,153 | -€41,032 | -17.2% |
| Financial debts | 170/4 | €239,185 | €198,153 | -€41,032 | -17.2% |
| Amounts payable within one year | 42/48 | €108,777 | €140,436 | +€31,659 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €16,637 | €17,232 | +€595 | +3.6% |
| Financial debts | 43 | €9,921 | €10,502 | +€580 | +5.8% |
| Credit institutions | 430/8 | €9,921 | €10,502 | +€580 | +5.8% |
| Trade debts | 44 | €17,979 | €23,787 | +€5,807 | +32.3% |
| Suppliers | 440/4 | €17,979 | €23,787 | +€5,807 | +32.3% |
| Taxes, remuneration and social security | 45 | €59,417 | €73,916 | +€14,499 | +24.4% |
| Taxes | 450/3 | €51,917 | €73,916 | +€21,999 | +42.4% |
| Remuneration and social security | 454/9 | €7,500 | €0 | -€7,500 | -100.0% |
| Other amounts payable | 47/48 | €4,822 | €15,000 | +€10,178 | +211.1% |
| Remuneration, social security and pensions | 62 | - | €766 | +€766 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,616 | €28,480 | +€2,865 | +11.2% |
| Other operating charges | 640/8 | €5,397 | €9,057 | +€3,660 | +67.8% |
| Non-recurring operating charges | 66A | €6,556 | €0 | -€6,556 | -100.0% |
| Gross operating margin | 9900 | €117,459 | €169,326 | +€51,867 | +44.2% |
| Operating profit (loss) | 9901 | €79,890 | €131,022 | +€51,132 | +64.0% |
| Financial income | 75/76B | €505 | €351 | -€155 | -30.6% |
| Recurring financial income | 75 | €505 | €351 | -€155 | -30.6% |
| Financial charges | 65/66B | €25,650 | €21,200 | -€4,450 | -17.3% |
| Recurring financial charges | 65 | €25,650 | €21,200 | -€4,450 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €54,745 | €110,173 | +€55,428 | +101.2% |
| Income taxes | 67/77 | €16,445 | €36,895 | +€20,450 | +124.4% |
| Profit (loss) for the period | 9904 | €38,300 | €73,278 | +€34,978 | +91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,300 | €73,278 | +€34,978 | +91.3% |
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 12 October 2026 via checked.be.