DYNAMO NEW GENERATION WORK: 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.
DYNAMO NEW GENERATION WORK
Largest movements
- Cash +€280,517
up €280,517 (+725.6%), from €38,658 to €319,175
mainly Contributions, distributions and other (+€166,187) and Tax, wage and social debts (+€63,967)
- Financial fixed assets -€59,969
down €59,969 (-28.7%), from €208,601 to €148,633
- Intangible fixed assets +€56,970
new in 2025: €56,970
- Receivables within one year +€53,856
up €53,856 (+249.4%), from €21,591 to €75,447
of which Trade receivables: +€46,470
- Tangible fixed assets -€22,489
down €22,489 (-19.6%), from €114,629 to €92,140
of which Land and buildings: -€22,489
- Profit (loss) carried forward +€117,021
up €117,021 (+41.2%), from -€284,285 to -€167,264
- Reserves +€79,994
up €79,994 (+15.3%), from €521,630 to €601,624
of which Distributable reserves: +€51,095
- Tax, wage and social debts +€63,967
up €63,967 (+210.2%), from €30,426 to €94,393
of which Remuneration and social security: +€55,372
- Trade debts +€25,782
up €25,782 (+227.3%), from €11,342 to €37,125
- Contributions +€20,000
up €20,000 (+97.8%), from €20,460 to €40,460
- Gross operating margin +€80,704
up €80,704 (+215.9%), from €37,377 to €118,082
- Staff costs +€23,259
new in 2025: €23,259
- Taxes +€9,755
up €9,755 (+692.9%), from €1,408 to €11,163
- Depreciation -€4,694
down €4,694 (-15.6%), from €30,181 to €25,487
- Other operating charges +€3,212
up €3,212 (+78.8%), from €4,077 to €7,289
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 | €383,727 | €694,368 | +€310,641 | +81.0% |
| Fixed assets | 21/28 | €323,230 | €297,742 | -€25,487 | -7.9% |
| Intangible fixed assets | 21 | - | €56,970 | +€56,970 | |
| Tangible fixed assets | 22/27 | €114,629 | €92,140 | -€22,489 | -19.6% |
| Land and buildings | 22 | €114,629 | €92,140 | -€22,489 | -19.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €208,601 | €148,633 | -€59,969 | -28.7% |
| Current assets | 29/58 | €60,497 | €396,626 | +€336,128 | +555.6% |
| Amounts receivable within one year | 40/41 | €21,591 | €75,447 | +€53,856 | +249.4% |
| Trade receivables | 40 | €88 | €46,557 | +€46,470 | +53005.2% |
| Other amounts receivable | 41 | €21,503 | €28,889 | +€7,386 | +34.4% |
| Current investments | 50/53 | - | €1,204 | +€1,204 | |
| Cash at bank and in hand | 54/58 | €38,658 | €319,175 | +€280,517 | +725.6% |
| Deferred charges and accrued income | 490/1 | €249 | €800 | +€551 | +221.7% |
| Total equity and liabilities | 10/49 | €383,727 | €694,368 | +€310,641 | +81.0% |
| Equity | 10/15 | €257,805 | €474,820 | +€217,015 | +84.2% |
| Contributions | 10/11 | €20,460 | €40,460 | +€20,000 | +97.8% |
| Reserves | 13 | €521,630 | €601,624 | +€79,994 | +15.3% |
| Non-distributable reserves | 130/1 | - | €2,000 | +€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Tax-exempt reserves | 132 | €21,022 | €47,921 | +€26,899 | +128.0% |
| Distributable reserves | 133 | €500,608 | €551,703 | +€51,095 | +10.2% |
| Profit (loss) carried forward | 14 | -€284,285 | -€167,264 | +€117,021 | +41.2% |
| Amounts payable | 17/49 | €125,922 | €219,548 | +€93,626 | +74.4% |
| Amounts payable after more than one year | 17 | €55,117 | €55,117 | = | 0.0% |
| Other amounts payable | 178/9 | €55,117 | €55,117 | = | 0.0% |
| Amounts payable within one year | 42/48 | €70,805 | €160,554 | +€89,749 | +126.8% |
| Current portion of amounts payable after more than one year | 42 | €29,037 | €29,037 | = | 0.0% |
| Trade debts | 44 | €11,342 | €37,125 | +€25,782 | +227.3% |
| Suppliers | 440/4 | €11,342 | €37,125 | +€25,782 | +227.3% |
| Taxes, remuneration and social security | 45 | €30,426 | €94,393 | +€63,967 | +210.2% |
| Taxes | 450/3 | €10,954 | €19,549 | +€8,595 | +78.5% |
| Remuneration and social security | 454/9 | €19,472 | €74,844 | +€55,372 | +284.4% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | - | €3,877 | +€3,877 | |
| Non-recurring operating income | 76A | - | €3,167 | +€3,167 | |
| Remuneration, social security and pensions | 62 | - | €23,259 | +€23,259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,181 | €25,487 | -€4,694 | -15.6% |
| Other operating charges | 640/8 | €4,077 | €7,289 | +€3,212 | +78.8% |
| Gross operating margin | 9900 | €37,377 | €118,082 | +€80,704 | +215.9% |
| Operating profit (loss) | 9901 | €3,119 | €62,046 | +€58,927 | +1889.1% |
| Financial charges | 65/66B | €80 | €54 | -€25 | -31.9% |
| Recurring financial charges | 65 | €80 | €54 | -€25 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €3,039 | €61,992 | +€58,952 | +1939.5% |
| Income taxes | 67/77 | €1,408 | €11,163 | +€9,755 | +692.9% |
| Profit (loss) for the period | 9904 | €1,632 | €50,828 | +€49,197 | +3015.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,632 | €50,828 | +€49,197 | +3015.3% |
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 5 October 2026 via checked.be.