DYNARIS: 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.
DYNARIS
Largest movements
- Financial fixed assets -€475,386
down €475,386 (-92.4%), from €514,387 to €39,001
- Receivables within one year +€306,975
up €306,975 (+121.6%), from €252,542 to €559,517
of which Other amounts receivable: +€306,975
- Cash -€147,140
down €147,140 (-60.7%), from €242,490 to €95,350
mainly Receivables within one year (-€306,975) and Debts after one year (-€228,181)
- Current investments +€50,000
up €50,000 (+33.3%), from €150,000 to €200,000
- Tangible fixed assets -€38,111
down €38,111 (-4.2%), from €909,561 to €871,450
of which Land and buildings: -€28,623
- Debts after one year -€228,181
down €228,181 (-25.7%), from €889,017 to €660,836
- Revaluation surpluses -€166,186
down €166,186 (-100.0%), from €166,186 to €0
- Profit (loss) carried forward +€42,096
up €42,096 (+4.8%), from €884,310 to €926,406
- Tax, wage and social debts +€41,416
up €41,416 (+362.1%), from €11,438 to €52,855
- Taxes +€53,832
up €53,832 (+11920.6%), from €452 to €54,284
- Gross operating margin -€52,445
down €52,445 (-27.2%), from €192,542 to €140,097
- Financial charges -€38,836
down €38,836 (-63.1%), from €61,547 to €22,711
of which Non-recurring financial charges: -€22,000
- Financial income +€26,340
up €26,340 (+145.9%), from €18,055 to €44,395
of which Non-recurring financial income: +€25,584
- Depreciation -€15,126
down €15,126 (-22.9%), from €66,158 to €51,032
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 | €2,091,493 | €1,787,249 | -€304,244 | -14.5% |
| Fixed assets | 21/28 | €1,431,723 | €914,226 | -€517,497 | -36.1% |
| Intangible fixed assets | 21 | €7,775 | €3,775 | -€4,000 | -51.4% |
| Tangible fixed assets | 22/27 | €909,561 | €871,450 | -€38,111 | -4.2% |
| Land and buildings | 22 | €879,511 | €850,888 | -€28,623 | -3.3% |
| Furniture and vehicles | 24 | €2,934 | €1,216 | -€1,719 | -58.6% |
| Leasing and similar rights | 25 | €22,170 | €15,875 | -€6,295 | -28.4% |
| Other tangible fixed assets | 26 | €4,945 | €3,471 | -€1,474 | -29.8% |
| Financial fixed assets | 28 | €514,387 | €39,001 | -€475,386 | -92.4% |
| Current assets | 29/58 | €659,769 | €873,022 | +€213,253 | +32.3% |
| Amounts receivable within one year | 40/41 | €252,542 | €559,517 | +€306,975 | +121.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €252,542 | €559,517 | +€306,975 | +121.6% |
| Current investments | 50/53 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €242,490 | €95,350 | -€147,140 | -60.7% |
| Deferred charges and accrued income | 490/1 | €14,738 | €18,155 | +€3,418 | +23.2% |
| Total equity and liabilities | 10/49 | €2,091,493 | €1,787,249 | -€304,244 | -14.5% |
| Equity | 10/15 | €1,084,581 | €960,491 | -€124,090 | -11.4% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Revaluation surpluses | 12 | €166,186 | €0 | -€166,186 | -100.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €884,310 | €926,406 | +€42,096 | +4.8% |
| Amounts payable | 17/49 | €1,006,911 | €826,757 | -€180,154 | -17.9% |
| Amounts payable after more than one year | 17 | €889,017 | €660,836 | -€228,181 | -25.7% |
| Financial debts | 170/4 | €889,017 | €660,836 | -€228,181 | -25.7% |
| Amounts payable within one year | 42/48 | €93,420 | €152,544 | +€59,123 | +63.3% |
| Current portion of amounts payable after more than one year | 42 | €48,699 | €49,306 | +€607 | +1.2% |
| Trade debts | 44 | €1,855 | €8,593 | +€6,738 | +363.3% |
| Suppliers | 440/4 | €1,855 | €8,593 | +€6,738 | +363.3% |
| Taxes, remuneration and social security | 45 | €11,438 | €52,855 | +€41,416 | +362.1% |
| Taxes | 450/3 | €11,438 | €52,855 | +€41,416 | +362.1% |
| Other amounts payable | 47/48 | €31,429 | €41,791 | +€10,362 | +33.0% |
| Accrued charges and deferred income | 492/3 | €24,474 | €13,378 | -€11,096 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,158 | €51,032 | -€15,126 | -22.9% |
| Other operating charges | 640/8 | €14,879 | €14,369 | -€510 | -3.4% |
| Non-recurring operating charges | 66A | €17,915 | €0 | -€17,915 | -100.0% |
| Gross operating margin | 9900 | €192,542 | €140,097 | -€52,445 | -27.2% |
| Operating profit (loss) | 9901 | €93,590 | €74,696 | -€18,894 | -20.2% |
| Financial income | 75/76B | €18,055 | €44,395 | +€26,340 | +145.9% |
| Recurring financial income | 75 | €18,055 | €18,811 | +€756 | +4.2% |
| Non-recurring financial income | 76B | - | €25,584 | +€25,584 | |
| Financial charges | 65/66B | €61,547 | €22,711 | -€38,836 | -63.1% |
| Recurring financial charges | 65 | €39,547 | €22,711 | -€16,836 | -42.6% |
| Non-recurring financial charges | 66B | €22,000 | €0 | -€22,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €50,098 | €96,380 | +€46,282 | +92.4% |
| Income taxes | 67/77 | €452 | €54,284 | +€53,832 | +11920.6% |
| Profit (loss) for the period | 9904 | €49,646 | €42,096 | -€7,550 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,646 | €42,096 | -€7,550 | -15.2% |
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 10 October 2026 via checked.be.