DYNAMICS CENTER: 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.
DYNAMICS CENTER
Largest movements
- Cash +€32,210
up €32,210 (+390.9%), from €8,241 to €40,451
mainly Net result for the year (+€10,661) and Debts after one year (+€10,482)
- Receivables within one year -€6,680
down €6,680 (-81.0%), from €8,247 to €1,567
of which Other amounts receivable: -€7,393
- Financial fixed assets +€5,250
new in 2025: €5,250
- Debts after one year +€10,482
new in 2025: €10,482
- Current portion of long-term debt +€9,299
new in 2025: €9,299
- Reserves +€8,068
up €8,068 (+434.0%), from €1,859 to €9,927
- Other debts +€3,380
new in 2025: €3,380
- Profit (loss) carried forward +€1,760
no longer reported in 2025 (was -€1,760)
- Other operating charges -€44,068
down €44,068 (-93.1%), from €47,331 to €3,263
- Gross operating margin +€8,014
up €8,014 (+51.6%), from €15,535 to €23,549
- Staff costs +€6,064
up €6,064 (+653.5%), from €928 to €6,992
- Financial charges -€2,344
down €2,344 (-64.9%), from €3,610 to €1,266
- Taxes +€912
up €912 (+712.4%), from €128 to €1,040
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 | €19,808 | €50,394 | +€30,586 | +154.4% |
| Fixed assets | 21/28 | €692 | €5,586 | +€4,894 | +707.3% |
| Tangible fixed assets | 22/27 | €692 | €336 | -€356 | -51.4% |
| Plant, machinery and equipment | 23 | €692 | €336 | -€356 | -51.4% |
| Financial fixed assets | 28 | - | €5,250 | +€5,250 | |
| Current assets | 29/58 | €19,116 | €44,808 | +€25,692 | +134.4% |
| Stocks and contracts in progress | 3 | €828 | €980 | +€152 | +18.3% |
| Stocks | 30/36 | €828 | €980 | +€152 | +18.3% |
| Amounts receivable within one year | 40/41 | €8,247 | €1,567 | -€6,680 | -81.0% |
| Trade receivables | 40 | €845 | €1,558 | +€713 | +84.4% |
| Other amounts receivable | 41 | €7,402 | €9 | -€7,393 | -99.9% |
| Cash at bank and in hand | 54/58 | €8,241 | €40,451 | +€32,210 | +390.9% |
| Deferred charges and accrued income | 490/1 | €1,800 | €1,810 | +€10 | +0.6% |
| Total equity and liabilities | 10/49 | €19,808 | €50,394 | +€30,586 | +154.4% |
| Equity | 10/15 | €12,396 | €22,224 | +€9,828 | +79.3% |
| Contributions | 10/11 | €12,297 | €12,297 | +€0 | 0.0% |
| Reserves | 13 | €1,859 | €9,927 | +€8,068 | +434.0% |
| Distributable reserves | 133 | €1,859 | €9,927 | +€8,068 | +434.0% |
| Profit (loss) carried forward | 14 | -€1,760 | - | +€1,760 | |
| Amounts payable | 17/49 | €7,412 | €28,170 | +€20,758 | +280.1% |
| Amounts payable after more than one year | 17 | - | €10,482 | +€10,482 | |
| Financial debts | 170/4 | - | €10,482 | +€10,482 | |
| Amounts payable within one year | 42/48 | €7,412 | €17,688 | +€10,276 | +138.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,299 | +€9,299 | |
| Trade debts | 44 | €1,484 | €492 | -€992 | -66.8% |
| Suppliers | 440/4 | €1,484 | €492 | -€992 | -66.8% |
| Taxes, remuneration and social security | 45 | €5,928 | €4,517 | -€1,411 | -23.8% |
| Taxes | 450/3 | €5,928 | €4,517 | -€1,411 | -23.8% |
| Other amounts payable | 47/48 | - | €3,380 | +€3,380 | |
| Remuneration, social security and pensions | 62 | €928 | €6,992 | +€6,064 | +653.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €356 | -€1 | -0.3% |
| Other operating charges | 640/8 | €47,331 | €3,263 | -€44,068 | -93.1% |
| Gross operating margin | 9900 | €15,535 | €23,549 | +€8,014 | +51.6% |
| Operating profit (loss) | 9901 | -€33,081 | €12,938 | +€46,019 | |
| Financial income | 75/76B | €179 | €29 | -€150 | -83.7% |
| Recurring financial income | 75 | €68 | €29 | -€39 | -57.0% |
| Non-recurring financial income | 76B | €111 | - | -€111 | |
| Financial charges | 65/66B | €3,610 | €1,266 | -€2,344 | -64.9% |
| Recurring financial charges | 65 | €3,610 | €1,266 | -€2,344 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,512 | €11,701 | +€48,213 | |
| Income taxes | 67/77 | €128 | €1,040 | +€912 | +712.4% |
| Profit (loss) for the period | 9904 | -€36,640 | €10,661 | +€47,301 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,640 | €10,661 | +€47,301 |
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 7 October 2026 via checked.be.