Dynamic Gear: 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 Gear
NACE 46.150, Agents in the wholesale of furniture, household goods and hardware
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.8m
2024 · €40,885+€2.8m
Equity
€213,497
2024 · €265,494-€51,997
Cash
€403,555
2024 · €347,945+€55,610
Balance sheet total
€6.3m
2024 · €3.5m+€2.8m
Largest movements
Assets
- Stocks and contracts +€2.2m
new in 2025: €2.2m
- Financial fixed assets +€1.6m
new in 2025: €1.6m
- Current investments -€1.4m
down €1.4m (-98.9%), from €1.4m to €15,000
- Receivables within one year +€419,120
up €419,120 (+57.0%), from €735,060 to €1.2m
of which Trade receivables: +€447,418
- Intangible fixed assets -€123,990
down €123,990 (-17.9%), from €693,280 to €569,290
Equity and liabilities
- Short-term financial debts +€4.5m
new in 2025: €4.5m
- Trade debts -€1.9m
down €1.9m (-63.0%), from €3.0m to €1.1m
- Tax, wage and social debts +€251,195
up €251,195 (+153%), from €163,842 to €415,038
of which Taxes: +€198,735
- Reserves -€70,997
down €70,997 (-32.4%), from €219,294 to €148,297
of which Distributable reserves: -€70,997
Income statement
- Gross operating margin +€4.0m
up €4.0m (+307%), from €1.3m to €5.3m
- Taxes +€926,613
up €926,613 (+3,752%), from €24,699 to €951,312
- Staff costs +€126,205
up €126,205 (+28.4%), from €444,764 to €570,969
- Write-downs +€123,381
up €123,381 (+193%), from €63,850 to €187,230
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
€40,885
Gross operating margin
+€4.0m
Staff costs
-€126,205
Depreciation
-€21,967
Write-downs
-€123,381
Provisions
-€3,299
Other operating charges
-€44,634
Financial income
-€888
Financial charges
-€2,240
Taxes
-€926,613
Result 2025
€2.8m
raises the resultlowers the result
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
-€681,094
Investment
-€913,274
Financing
+€1.6m
Cash 2024
€347,945
From operations (derived)
-€681,094
Net result for the year
+€2.8m
Depreciation
+€749,831
Stocks and contracts
-€2.2m
Receivables within one year
-€419,120
Provisions
+€9,528
Trade debts
-€1.9m
Tax, wage and social debts
+€251,195
Investment (derived)
-€913,274
Investment in fixed assets (net)
-€2.3m
Current investments
+€1.4m
Financing
+€1.6m
Short-term financial debts
+€4.5m
Contributions, distributions and other
-€2.8m
Cash 2025
€403,555
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,481,441 | €6,284,592 | +€2.8m | +80.5% |
| Fixed assets | 21/28 | €983,436 | €2,546,879 | +€1.6m | +159% |
| Intangible fixed assets | 21 | €693,280 | €569,290 | -€123,990 | -17.9% |
| Tangible fixed assets | 22/27 | €290,156 | €412,588 | +€122,432 | +42.2% |
| Plant, machinery and equipment | 23 | €54,000 | €138,278 | +€84,278 | +156% |
| Furniture and vehicles | 24 | €236,156 | €274,311 | +€38,154 | +16.2% |
| Financial fixed assets | 28 | - | €1,565,000 | +€1.6m | |
| Current assets | 29/58 | €2,498,005 | €3,737,713 | +€1.2m | +49.6% |
| Stocks and contracts in progress | 3 | - | €2,164,978 | +€2.2m | |
| Stocks | 30/36 | - | €2,164,978 | +€2.2m | |
| Amounts receivable within one year | 40/41 | €735,060 | €1,154,180 | +€419,120 | +57.0% |
| Trade receivables | 40 | €624,332 | €1,071,750 | +€447,418 | +71.7% |
| Other amounts receivable | 41 | €110,728 | €82,430 | -€28,298 | -25.6% |
| Current investments | 50/53 | €1,415,000 | €15,000 | -€1.4m | -98.9% |
| Cash at bank and in hand | 54/58 | €347,945 | €403,555 | +€55,610 | +16.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,481,441 | €6,284,592 | +€2.8m | +80.5% |
| Equity | 10/15 | €265,494 | €213,497 | -€51,997 | -19.6% |
| Contributions | 10/11 | €46,200 | €65,200 | +€19,000 | +41.1% |
| Reserves | 13 | €219,294 | €148,297 | -€70,997 | -32.4% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €217,394 | €146,397 | -€70,997 | -32.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €26,722 | €36,250 | +€9,528 | +35.7% |
| Provisions for liabilities and charges | 160/5 | €26,722 | €36,250 | +€9,528 | +35.7% |
| Other liabilities and charges | 164/5 | €26,722 | €36,250 | +€9,528 | +35.7% |
| Amounts payable | 17/49 | €3,189,225 | €6,034,845 | +€2.8m | +89.2% |
| Amounts payable within one year | 42/48 | €3,187,225 | €6,032,845 | +€2.8m | +89.3% |
| Financial debts | 43 | - | €4,495,000 | +€4.5m | |
| Other loans | 439 | - | €4,495,000 | +€4.5m | |
| Trade debts | 44 | €3,015,883 | €1,115,307 | -€1.9m | -63.0% |
| Suppliers | 440/4 | €3,015,883 | €1,115,307 | -€1.9m | -63.0% |
| Taxes, remuneration and social security | 45 | €163,842 | €415,038 | +€251,195 | +153% |
| Taxes | 450/3 | €101,868 | €300,603 | +€198,735 | +195% |
| Remuneration and social security | 454/9 | €61,975 | €114,435 | +€52,460 | +84.6% |
| Other amounts payable | 47/48 | €7,500 | €7,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €444,764 | €570,969 | +€126,205 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €727,864 | €749,831 | +€21,967 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €63,850 | €187,230 | +€123,381 | +193% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €6,229 | €9,528 | +€3,299 | +53.0% |
| Other operating charges | 640/8 | €9,530 | €54,164 | +€44,634 | +468% |
| Gross operating margin | 9900 | €1,302,688 | €5,304,054 | +€4.0m | +307% |
| Operating profit (loss) | 9901 | €50,451 | €3,732,331 | +€3.7m | +7,298% |
| Financial income | 75/76B | €42,869 | €41,981 | -€888 | -2.1% |
| Recurring financial income | 75 | €42,869 | €41,981 | -€888 | -2.1% |
| Financial charges | 65/66B | €27,735 | €29,975 | +€2,240 | +8.1% |
| Recurring financial charges | 65 | €27,735 | €29,975 | +€2,240 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €65,585 | €3,744,337 | +€3.7m | +5,609% |
| Income taxes | 67/77 | €24,699 | €951,312 | +€926,613 | +3,752% |
| Profit (loss) for the period | 9904 | €40,885 | €2,793,025 | +€2.8m | +6,731% |
| Profit (loss) for the period to be appropriated | 9905 | €40,885 | €2,793,025 | +€2.8m | +6,731% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.