DynamIT: 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.
DynamIT
Largest movements
- Receivables after one year -€699,368
down €699,368 (-10.3%), from €6.8m to €6.1m
- Tangible fixed assets +€419,967
up €419,967 (+61.4%), from €684,232 to €1.1m
of which Assets under construction and advance payments: +€422,851
- Deferred charges and accrued income +€310,466
up €310,466 (+4553.7%), from €6,818 to €317,284
- Current investments -€242,594
down €242,594 (-19.5%), from €1.2m to €1.0m
- Cash -€200,002
down €200,002 (-59.1%), from €338,281 to €138,279
mainly Contributions, distributions and other (-€1.1m) and Investment in fixed assets (net) (-€434,731)
- Reserves -€786,985
down €786,985 (-9.1%), from €8.6m to €7.8m
- Debts after one year +€225,000
up €225,000 (+56.3%), from €400,000 to €625,000
- Financial income +€249,668
up €249,668 (+85.5%), from €292,057 to €541,725
- Gross operating margin -€89,497
down €89,497, from €42,590 to -€46,907
- Financial charges +€15,615
up €15,615 (+44.9%), from €34,758 to €50,373
- Taxes +€7,812
up €7,812 (+8.5%), from €92,246 to €100,058
- Staff costs +€4,141
up €4,141 (+17.3%), from €23,914 to €28,055
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 | €9,122,286 | €8,683,099 | -€439,186 | -4.8% |
| Fixed assets | 21/28 | €684,482 | €1,104,449 | +€419,967 | +61.4% |
| Tangible fixed assets | 22/27 | €684,232 | €1,104,199 | +€419,967 | +61.4% |
| Furniture and vehicles | 24 | €33,311 | €30,427 | -€2,884 | -8.7% |
| Other tangible fixed assets | 26 | €488,767 | €488,767 | = | 0.0% |
| Assets under construction and advance payments | 27 | €162,154 | €585,005 | +€422,851 | +260.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €8,437,803 | €7,578,650 | -€859,154 | -10.2% |
| Amounts receivable after more than one year | 29 | €6,797,518 | €6,098,150 | -€699,368 | -10.3% |
| Other amounts receivable | 291 | €6,797,518 | €6,098,150 | -€699,368 | -10.3% |
| Stocks and contracts in progress | 3 | €3,292 | €3,292 | = | 0.0% |
| Stocks | 30/36 | €3,292 | €3,292 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,178 | €20,523 | -€27,655 | -57.4% |
| Trade receivables | 40 | €45,319 | €20,523 | -€24,796 | -54.7% |
| Other amounts receivable | 41 | €2,859 | €0 | -€2,859 | -100.0% |
| Current investments | 50/53 | €1,243,717 | €1,001,123 | -€242,594 | -19.5% |
| Cash at bank and in hand | 54/58 | €338,281 | €138,279 | -€200,002 | -59.1% |
| Deferred charges and accrued income | 490/1 | €6,818 | €317,284 | +€310,466 | +4553.7% |
| Total equity and liabilities | 10/49 | €9,122,286 | €8,683,099 | -€439,186 | -4.8% |
| Equity | 10/15 | €8,645,449 | €7,858,464 | -€786,985 | -9.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,633,049 | €7,846,064 | -€786,985 | -9.1% |
| Distributable reserves | 133 | €8,633,049 | €7,846,064 | -€786,985 | -9.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €476,837 | €824,636 | +€347,799 | +72.9% |
| Amounts payable after more than one year | 17 | €400,000 | €625,000 | +€225,000 | +56.3% |
| Financial debts | 170/4 | €400,000 | €625,000 | +€225,000 | +56.3% |
| Amounts payable within one year | 42/48 | €76,837 | €199,636 | +€122,799 | +159.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €3,092 | +€3,092 | |
| Credit institutions | 430/8 | - | €3,092 | +€3,092 | |
| Trade debts | 44 | €404 | €30,145 | +€29,740 | +7355.6% |
| Suppliers | 440/4 | €404 | €30,145 | +€29,740 | +7355.6% |
| Taxes, remuneration and social security | 45 | €72,330 | €162,789 | +€90,459 | +125.1% |
| Taxes | 450/3 | €68,645 | €156,371 | +€87,726 | +127.8% |
| Remuneration and social security | 454/9 | €3,685 | €6,417 | +€2,733 | +74.2% |
| Other amounts payable | 47/48 | €4,103 | €3,611 | -€492 | -12.0% |
| Remuneration, social security and pensions | 62 | €23,914 | €28,055 | +€4,141 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,809 | €14,764 | +€3,954 | +36.6% |
| Other operating charges | 640/8 | €1,221 | €1,113 | -€107 | -8.8% |
| Gross operating margin | 9900 | €42,590 | -€46,907 | -€89,497 | |
| Operating profit (loss) | 9901 | €6,646 | -€90,840 | -€97,486 | |
| Financial income | 75/76B | €292,057 | €541,725 | +€249,668 | +85.5% |
| Recurring financial income | 75 | €292,057 | €541,725 | +€249,668 | +85.5% |
| Financial charges | 65/66B | €34,758 | €50,373 | +€15,615 | +44.9% |
| Recurring financial charges | 65 | €34,758 | €50,373 | +€15,615 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €263,945 | €400,513 | +€136,568 | +51.7% |
| Income taxes | 67/77 | €92,246 | €100,058 | +€7,812 | +8.5% |
| Profit (loss) for the period | 9904 | €171,699 | €300,454 | +€128,756 | +75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €171,699 | €300,454 | +€128,756 | +75.0% |
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 9 October 2026 via checked.be.