DYNAST IMMO: 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.
DYNAST IMMO
Largest movements
- Receivables within one year -€173,858
down €173,858 (-91.2%), from €190,628 to €16,770
of which Trade receivables: -€157,978
- Tangible fixed assets +€38,469
up €38,469 (+12.1%), from €317,800 to €356,270
of which Land and buildings: +€273,287
- Stocks and contracts -€8,500
no longer reported in 2025 (was €8,500)
- Trade debts -€150,616
down €150,616 (-86.9%), from €173,323 to €22,707
- Debts after one year -€30,086
down €30,086 (-19.1%), from €157,645 to €127,559
- Advances received -€30,000
no longer reported in 2025 (was €30,000)
- Other debts +€26,964
up €26,964 (+96.5%), from €27,931 to €54,896
- Profit (loss) carried forward +€24,244
up €24,244 (+62.3%), from €38,937 to €63,182
- Gross operating margin +€94,680
up €94,680 (+192%), from €49,368 to €144,048
- Write-downs +€79,752
new in 2025: €79,752
- Depreciation +€4,399
up €4,399 (+38.0%), from €11,573 to €15,972
- Financial charges +€2,148
up €2,148 (+30.3%), from €7,079 to €9,226
- Taxes +€2,026
up €2,026 (+20.0%), from €10,115 to €12,141
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 | €521,259 | €376,485 | -€144,774 | -27.8% |
| Fixed assets | 21/28 | €317,800 | €356,270 | +€38,469 | +12.1% |
| Tangible fixed assets | 22/27 | €317,800 | €356,270 | +€38,469 | +12.1% |
| Land and buildings | 22 | €52,500 | €325,787 | +€273,287 | +521% |
| Furniture and vehicles | 24 | €25,638 | €30,483 | +€4,845 | +18.9% |
| Assets under construction and advance payments | 27 | €239,663 | - | -€239,663 | |
| Current assets | 29/58 | €203,459 | €20,216 | -€183,243 | -90.1% |
| Stocks and contracts in progress | 3 | €8,500 | - | -€8,500 | |
| Stocks | 30/36 | €8,500 | - | -€8,500 | |
| Amounts receivable within one year | 40/41 | €190,628 | €16,770 | -€173,858 | -91.2% |
| Trade receivables | 40 | €172,201 | €14,224 | -€157,978 | -91.7% |
| Other amounts receivable | 41 | €18,426 | €2,546 | -€15,880 | -86.2% |
| Cash at bank and in hand | 54/58 | €795 | €818 | +€23 | +2.9% |
| Deferred charges and accrued income | 490/1 | €3,536 | €2,627 | -€909 | -25.7% |
| Total equity and liabilities | 10/49 | €521,259 | €376,485 | -€144,774 | -27.8% |
| Equity | 10/15 | €90,937 | €115,182 | +€24,244 | +26.7% |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,937 | €63,182 | +€24,244 | +62.3% |
| Amounts payable | 17/49 | €430,322 | €261,304 | -€169,018 | -39.3% |
| Amounts payable after more than one year | 17 | €157,645 | €127,559 | -€30,086 | -19.1% |
| Financial debts | 170/4 | €157,645 | €127,559 | -€30,086 | -19.1% |
| Amounts payable within one year | 42/48 | €271,676 | €132,744 | -€138,932 | -51.1% |
| Current portion of amounts payable after more than one year | 42 | €30,307 | €30,086 | -€221 | -0.7% |
| Trade debts | 44 | €173,323 | €22,707 | -€150,616 | -86.9% |
| Suppliers | 440/4 | €173,323 | €22,707 | -€150,616 | -86.9% |
| Advances received on contracts in progress | 46 | €30,000 | - | -€30,000 | |
| Taxes, remuneration and social security | 45 | €10,115 | €25,056 | +€14,941 | +148% |
| Taxes | 450/3 | €10,115 | €25,056 | +€14,941 | +148% |
| Other amounts payable | 47/48 | €27,931 | €54,896 | +€26,964 | +96.5% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,573 | €15,972 | +€4,399 | +38.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €79,752 | +€79,752 | |
| Other operating charges | 640/8 | €2,352 | €2,726 | +€374 | +15.9% |
| Gross operating margin | 9900 | €49,368 | €144,048 | +€94,680 | +192% |
| Operating profit (loss) | 9901 | €35,444 | €45,598 | +€10,155 | +28.7% |
| Financial income | 75/76B | €64 | €13 | -€51 | -79.2% |
| Recurring financial income | 75 | €64 | €13 | -€51 | -79.2% |
| Financial charges | 65/66B | €7,079 | €9,226 | +€2,148 | +30.3% |
| Recurring financial charges | 65 | €7,079 | €9,226 | +€2,148 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €28,429 | €36,385 | +€7,956 | +28.0% |
| Income taxes | 67/77 | €10,115 | €12,141 | +€2,026 | +20.0% |
| Profit (loss) for the period | 9904 | €18,314 | €24,244 | +€5,930 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,314 | €24,244 | +€5,930 | +32.4% |
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 26 October 2026 via checked.be.