DYNAMITE MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year +€83,487
up €83,487 (+60.2%), from €138,683 to €222,170
of which Other amounts receivable: +€64,165
- Tangible fixed assets -€65,306
down €65,306 (-7.7%), from €844,811 to €779,505
of which Land and buildings: -€50,122
- Other debts -€193,433
down €193,433 (-41.9%), from €461,822 to €268,389
- Debts after one year +€168,249
up €168,249 (+50.9%), from €330,804 to €499,052
- Current portion of long-term debt +€22,906
up €22,906 (+50.3%), from €45,559 to €68,465
- Trade debts +€12,604
up €12,604 (+115%), from €11,004 to €23,608
- Depreciation -€7,216
down €7,216 (-9.4%), from €76,861 to €69,645
- Financial charges +€6,452
up €6,452 (+64.7%), from €9,966 to €16,418
- Taxes +€2,598
up €2,598 (+108%), from €2,415 to €5,013
- Financial income +€2,489
up €2,489 (+80.6%), from €3,089 to €5,578
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €991,909 | €1,013,509 | +€21,600 | +2.2% |
| Fixed assets | 21/28 | €844,811 | €779,505 | -€65,306 | -7.7% |
| Tangible fixed assets | 22/27 | €844,811 | €779,505 | -€65,306 | -7.7% |
| Land and buildings | 22 | €777,248 | €727,126 | -€50,122 | -6.4% |
| Plant, machinery and equipment | 23 | €2,411 | €1,784 | -€627 | -26.0% |
| Furniture and vehicles | 24 | €63,972 | €49,414 | -€14,558 | -22.8% |
| Other tangible fixed assets | 26 | €1,180 | €1,180 | = | 0.0% |
| Current assets | 29/58 | €147,098 | €234,004 | +€86,907 | +59.1% |
| Amounts receivable within one year | 40/41 | €138,683 | €222,170 | +€83,487 | +60.2% |
| Trade receivables | 40 | €18,912 | €38,234 | +€19,322 | +102% |
| Other amounts receivable | 41 | €119,771 | €183,936 | +€64,165 | +53.6% |
| Cash at bank and in hand | 54/58 | €8,065 | €11,468 | +€3,403 | +42.2% |
| Deferred charges and accrued income | 490/1 | €350 | €367 | +€16 | +4.7% |
| Total equity and liabilities | 10/49 | €991,909 | €1,013,509 | +€21,600 | +2.2% |
| Equity | 10/15 | €140,191 | €145,935 | +€5,744 | +4.1% |
| 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% |
| Revaluation surpluses | 12 | €35,820 | €35,820 | = | 0.0% |
| Reserves | 13 | €42,371 | €48,115 | +€5,744 | +13.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €36,171 | €41,915 | +€5,744 | +15.9% |
| Amounts payable | 17/49 | €851,718 | €867,574 | +€15,857 | +1.9% |
| Amounts payable after more than one year | 17 | €330,804 | €499,052 | +€168,249 | +50.9% |
| Financial debts | 170/4 | €330,804 | €499,052 | +€168,249 | +50.9% |
| Amounts payable within one year | 42/48 | €520,841 | €368,249 | -€152,592 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €45,559 | €68,465 | +€22,906 | +50.3% |
| Financial debts | 43 | €41 | €359 | +€318 | +766% |
| Credit institutions | 430/8 | €41 | €359 | +€318 | +766% |
| Trade debts | 44 | €11,004 | €23,608 | +€12,604 | +115% |
| Suppliers | 440/4 | €11,004 | €23,608 | +€12,604 | +115% |
| Taxes, remuneration and social security | 45 | €2,415 | €7,428 | +€5,013 | +208% |
| Taxes | 450/3 | €2,415 | €7,428 | +€5,013 | +208% |
| Other amounts payable | 47/48 | €461,822 | €268,389 | -€193,433 | -41.9% |
| Accrued charges and deferred income | 492/3 | €73 | €273 | +€200 | +275% |
| Non-recurring operating income | 76A | €2,262 | €0 | -€2,262 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,861 | €69,645 | -€7,216 | -9.4% |
| Other operating charges | 640/8 | €3,575 | €2,875 | -€700 | -19.6% |
| Non-recurring operating charges | 66A | €241 | €0 | -€241 | -100% |
| Gross operating margin | 9900 | €93,978 | €94,117 | +€138 | +0.1% |
| Operating profit (loss) | 9901 | €13,301 | €21,596 | +€8,295 | +62.4% |
| Financial income | 75/76B | €3,089 | €5,578 | +€2,489 | +80.6% |
| Recurring financial income | 75 | €3,089 | €5,578 | +€2,489 | +80.6% |
| Financial charges | 65/66B | €9,966 | €16,418 | +€6,452 | +64.7% |
| Recurring financial charges | 65 | €9,966 | €16,418 | +€6,452 | +64.7% |
| Profit (loss) for the period before taxes | 9903 | €6,425 | €10,757 | +€4,332 | +67.4% |
| Income taxes | 67/77 | €2,415 | €5,013 | +€2,598 | +108% |
| Profit (loss) for the period | 9904 | €4,010 | €5,744 | +€1,734 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,010 | €5,744 | +€1,734 | +43.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.