DYNAMIC SERVICES: 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 SERVICES
Largest movements
- Cash +€120,253
up €120,253 (+62.6%), from €192,239 to €312,492
mainly Net result for the year (+€84,388) and Depreciation (+€52,041)
- Receivables within one year -€46,633
down €46,633 (-39.4%), from €118,370 to €71,737
of which Trade receivables: -€36,162
- Profit (loss) carried forward +€34,388
up €34,388 (+11.7%), from €293,148 to €327,537
- Reserves +€19,000
up €19,000 (+15.6%), from €121,718 to €140,718
of which Distributable reserves: +€19,000
- Debts after one year +€14,447
up €14,447 (+8.3%), from €174,454 to €188,900
- Other debts +€10,095
up €10,095 (+52.3%), from €19,300 to €29,395
- Current portion of long-term debt +€8,481
up €8,481 (+64.7%), from €13,117 to €21,598
- Provisions +€68,137
up €68,137, from -€68,137 to €0
- Gross operating margin +€44,898
up €44,898 (+9.5%), from €470,773 to €515,670
- Staff costs +€40,991
up €40,991 (+16.2%), from €253,484 to €294,475
- Financial charges -€17,027
down €17,027 (-21.8%), from €78,040 to €61,012
- Financial income +€14,766
up €14,766 (+795.4%), from €1,856 to €16,622
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 | €731,278 | €812,136 | +€80,858 | +11.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €410,100 | €414,599 | +€4,499 | +1.1% |
| Intangible fixed assets | 21 | €7,306 | €4,985 | -€2,321 | -31.8% |
| Tangible fixed assets | 22/27 | €402,794 | €409,614 | +€6,820 | +1.7% |
| Land and buildings | 22 | €329,850 | €319,365 | -€10,485 | -3.2% |
| Plant, machinery and equipment | 23 | €2,062 | €1,648 | -€414 | -20.1% |
| Furniture and vehicles | 24 | €55,278 | €39,195 | -€16,083 | -29.1% |
| Leasing and similar rights | 25 | €0 | €36,267 | +€36,267 | |
| Other tangible fixed assets | 26 | €15,604 | €13,139 | -€2,464 | -15.8% |
| Current assets | 29/58 | €321,178 | €397,537 | +€76,359 | +23.8% |
| Amounts receivable within one year | 40/41 | €118,370 | €71,737 | -€46,633 | -39.4% |
| Trade receivables | 40 | €73,174 | €37,013 | -€36,162 | -49.4% |
| Other amounts receivable | 41 | €45,195 | €34,724 | -€10,471 | -23.2% |
| Cash at bank and in hand | 54/58 | €192,239 | €312,492 | +€120,253 | +62.6% |
| Deferred charges and accrued income | 490/1 | €10,569 | €13,308 | +€2,739 | +25.9% |
| Total equity and liabilities | 10/49 | €731,278 | €812,136 | +€80,858 | +11.1% |
| Equity | 10/15 | €452,051 | €505,439 | +€53,388 | +11.8% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €121,718 | €140,718 | +€19,000 | +15.6% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €114,718 | €133,718 | +€19,000 | +16.6% |
| Profit (loss) carried forward | 14 | €293,148 | €327,537 | +€34,388 | +11.7% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €279,227 | €306,697 | +€27,469 | +9.8% |
| Amounts payable after more than one year | 17 | €174,454 | €188,900 | +€14,447 | +8.3% |
| Financial debts | 170/4 | €174,454 | €188,900 | +€14,447 | +8.3% |
| Amounts payable within one year | 42/48 | €103,632 | €117,796 | +€14,164 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €13,117 | €21,598 | +€8,481 | +64.7% |
| Trade debts | 44 | €26,378 | €27,590 | +€1,211 | +4.6% |
| Suppliers | 440/4 | €26,378 | €27,590 | +€1,211 | +4.6% |
| Taxes, remuneration and social security | 45 | €44,837 | €39,213 | -€5,624 | -12.5% |
| Taxes | 450/3 | €9,987 | €8,484 | -€1,503 | -15.1% |
| Remuneration and social security | 454/9 | €34,850 | €30,729 | -€4,121 | -11.8% |
| Other amounts payable | 47/48 | €19,300 | €29,395 | +€10,095 | +52.3% |
| Accrued charges and deferred income | 492/3 | €1,141 | €0 | -€1,141 | -100.0% |
| Remuneration, social security and pensions | 62 | €253,484 | €294,475 | +€40,991 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,336 | €52,041 | +€3,705 | +7.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€68,137 | €0 | +€68,137 | |
| Other operating charges | 640/8 | €8,415 | €3,767 | -€4,649 | -55.2% |
| Gross operating margin | 9900 | €470,773 | €515,670 | +€44,898 | +9.5% |
| Operating profit (loss) | 9901 | €228,674 | €165,387 | -€63,286 | -27.7% |
| Financial income | 75/76B | €1,856 | €16,622 | +€14,766 | +795.4% |
| Recurring financial income | 75 | €1,856 | €16,622 | +€14,766 | +795.4% |
| Financial charges | 65/66B | €78,040 | €61,012 | -€17,027 | -21.8% |
| Recurring financial charges | 65 | €78,040 | €61,012 | -€17,027 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €152,490 | €120,997 | -€31,494 | -20.7% |
| Income taxes | 67/77 | €25,517 | €36,608 | +€11,092 | +43.5% |
| Profit (loss) for the period | 9904 | €126,974 | €84,388 | -€42,585 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €126,974 | €84,388 | -€42,585 | -33.5% |
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 10 October 2026 via checked.be.