DYNAMITE: 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.
DYNAMITE
Largest movements
- Receivables within one year +€85,745
up €85,745 (+13.8%), from €623,147 to €708,892
- Other debts +€60,000
up €60,000 (+11.9%), from €503,972 to €563,972
- Reserves +€16,944
up €16,944 (+22.0%), from €76,953 to €93,896
of which Distributable reserves: +€16,944
- Tax, wage and social debts +€8,446
up €8,446 (+119%), from €7,121 to €15,567
- Financial income +€6,921
up €6,921 (+24.3%), from €28,495 to €35,416
- Gross operating margin -€6,010
down €6,010 (-175%), from -€3,437 to -€9,447
- Other operating charges -€2,250
down €2,250 (-81.2%), from €2,769 to €520
- Taxes +€979
up €979 (+13.1%), from €7,497 to €8,476
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €685,120 | €770,170 | +€85,050 | +12.4% |
| Fixed assets | 21/28 | €53,666 | €53,666 | = | 0.0% |
| Financial fixed assets | 28 | €53,666 | €53,666 | = | 0.0% |
| Current assets | 29/58 | €631,454 | €716,504 | +€85,050 | +13.5% |
| Amounts receivable within one year | 40/41 | €623,147 | €708,892 | +€85,745 | +13.8% |
| Other amounts receivable | 41 | €623,147 | €708,892 | +€85,745 | +13.8% |
| Current investments | 50/53 | €2,500 | - | -€2,500 | |
| Cash at bank and in hand | 54/58 | €5,714 | €7,612 | +€1,897 | +33.2% |
| Deferred charges and accrued income | 490/1 | €92 | - | -€92 | |
| Total equity and liabilities | 10/49 | €685,120 | €770,170 | +€85,050 | +12.4% |
| Equity | 10/15 | €172,000 | €188,943 | +€16,944 | +9.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €76,953 | €93,896 | +€16,944 | +22.0% |
| Non-distributable reserves | 130/1 | €6,768 | €6,768 | = | 0.0% |
| Legal reserve | 130 | €6,768 | €6,768 | = | 0.0% |
| Distributable reserves | 133 | €70,185 | €87,128 | +€16,944 | +24.1% |
| Profit (loss) carried forward | 14 | €33,047 | €33,047 | = | 0.0% |
| Amounts payable | 17/49 | €513,120 | €581,226 | +€68,106 | +13.3% |
| Amounts payable within one year | 42/48 | €513,120 | €581,226 | +€68,106 | +13.3% |
| Trade debts | 44 | €2,027 | €1,687 | -€339 | -16.7% |
| Suppliers | 440/4 | €2,027 | €1,687 | -€339 | -16.7% |
| Taxes, remuneration and social security | 45 | €7,121 | €15,567 | +€8,446 | +119% |
| Taxes | 450/3 | €7,121 | €15,567 | +€8,446 | +119% |
| Other amounts payable | 47/48 | €503,972 | €563,972 | +€60,000 | +11.9% |
| Other operating charges | 640/8 | €2,769 | €520 | -€2,250 | -81.2% |
| Gross operating margin | 9900 | -€3,437 | -€9,447 | -€6,010 | -175% |
| Operating profit (loss) | 9901 | -€6,206 | -€9,966 | -€3,760 | -60.6% |
| Financial income | 75/76B | €28,495 | €35,416 | +€6,921 | +24.3% |
| Recurring financial income | 75 | €28,495 | €35,416 | +€6,921 | +24.3% |
| Financial charges | 65/66B | €60 | €30 | -€30 | -50.0% |
| Recurring financial charges | 65 | €60 | €30 | -€30 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €22,229 | €25,420 | +€3,191 | +14.4% |
| Income taxes | 67/77 | €7,497 | €8,476 | +€979 | +13.1% |
| Profit (loss) for the period | 9904 | €14,732 | €16,944 | +€2,211 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,732 | €16,944 | +€2,211 | +15.0% |
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 19 October 2026 via checked.be.