Dynamic Research International: what changed
Dynamic Research International
Largest movements
- Receivables within one year -€55,631
down €55,631 (-82.5%), from €67,400 to €11,769
of which Trade receivables: -€54,230
- Tangible fixed assets -€2,682
down €2,682 (-43.6%), from €6,155 to €3,473
of which Furniture and vehicles: -€2,453
- Deferred charges and accrued income +€1,926
up €1,926 (+227%), from €849 to €2,775
- Cash +€1,756
up €1,756 (+19.3%), from €9,090 to €10,846
mainly Receivables within one year (+€55,631) and Tax, wage and social debts (+€5,416)
- Trade debts -€62,402
down €62,402 (-91.5%), from €68,214 to €5,811
- Tax, wage and social debts +€5,416
up €5,416 (+105%), from €5,175 to €10,591
- Reserves +€2,500
new in 2025: €2,500
- Accrued charges and deferred income +€1,180
up €1,180 (+57.7%), from €2,044 to €3,224
- Gross operating margin -€12,228
down €12,228 (-41.7%), from €29,305 to €17,077
- Financial income -€7,974
down €7,974 (-99.9%), from €7,984 to €10
of which Non-recurring financial income: -€7,974
- Other operating charges +€4,152
up €4,152 (+477%), from €870 to €5,022
- Depreciation -€1,696
down €1,696 (-31.1%), from €5,459 to €3,763
- Taxes -€847
down €847 (-15.4%), from €5,507 to €4,660
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,281 | €61,218 | -€54,063 | -46.9% |
| Fixed assets | 21/28 | €6,841 | €4,328 | -€2,513 | -36.7% |
| Intangible fixed assets | 21 | €686 | €855 | +€169 | +24.6% |
| Tangible fixed assets | 22/27 | €6,155 | €3,473 | -€2,682 | -43.6% |
| Furniture and vehicles | 24 | €5,746 | €3,293 | -€2,453 | -42.7% |
| Other tangible fixed assets | 26 | €409 | €180 | -€229 | -56.1% |
| Current assets | 29/58 | €108,440 | €56,890 | -€51,549 | -47.5% |
| Stocks and contracts in progress | 3 | €31,100 | €31,500 | +€400 | +1.3% |
| Stocks | 30/36 | €31,100 | €31,500 | +€400 | +1.3% |
| Amounts receivable within one year | 40/41 | €67,400 | €11,769 | -€55,631 | -82.5% |
| Trade receivables | 40 | €66,000 | €11,769 | -€54,230 | -82.2% |
| Other amounts receivable | 41 | €1,401 | - | -€1,401 | |
| Cash at bank and in hand | 54/58 | €9,090 | €10,846 | +€1,756 | +19.3% |
| Deferred charges and accrued income | 490/1 | €849 | €2,775 | +€1,926 | +227% |
| Total equity and liabilities | 10/49 | €115,281 | €61,218 | -€54,063 | -46.9% |
| Equity | 10/15 | €20,246 | €22,912 | +€2,666 | +13.2% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | - | €2,500 | +€2,500 | |
| Non-distributable reserves | 130/1 | - | €2,500 | +€2,500 | |
| Other | 1319 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €7,746 | €7,912 | +€166 | +2.1% |
| Amounts payable | 17/49 | €95,035 | €38,306 | -€56,728 | -59.7% |
| Amounts payable within one year | 42/48 | €92,991 | €35,082 | -€57,908 | -62.3% |
| Trade debts | 44 | €68,214 | €5,811 | -€62,402 | -91.5% |
| Suppliers | 440/4 | €68,214 | €5,811 | -€62,402 | -91.5% |
| Taxes, remuneration and social security | 45 | €5,175 | €10,591 | +€5,416 | +105% |
| Taxes | 450/3 | €5,175 | €10,591 | +€5,416 | +105% |
| Other amounts payable | 47/48 | €19,602 | €18,680 | -€922 | -4.7% |
| Accrued charges and deferred income | 492/3 | €2,044 | €3,224 | +€1,180 | +57.7% |
| Non-recurring operating income | 76A | - | €12,014 | +€12,014 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,459 | €3,763 | -€1,696 | -31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€198 | - | +€198 | |
| Other operating charges | 640/8 | €870 | €5,022 | +€4,152 | +477% |
| Gross operating margin | 9900 | €29,305 | €17,077 | -€12,228 | -41.7% |
| Operating profit (loss) | 9901 | €23,174 | €8,292 | -€14,882 | -64.2% |
| Financial income | 75/76B | €7,984 | €10 | -€7,974 | -99.9% |
| Recurring financial income | 75 | €9 | €10 | +€1 | +5.8% |
| Non-recurring financial income | 76B | €7,974 | - | -€7,974 | |
| Financial charges | 65/66B | €488 | €976 | +€488 | +100% |
| Recurring financial charges | 65 | €488 | €976 | +€488 | +100% |
| Profit (loss) for the period before taxes | 9903 | €30,670 | €7,326 | -€23,344 | -76.1% |
| Income taxes | 67/77 | €5,507 | €4,660 | -€847 | -15.4% |
| Profit (loss) for the period | 9904 | €25,163 | €2,666 | -€22,497 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,163 | €2,666 | -€22,497 | -89.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.