Dynasty Garden: 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.
Dynasty Garden
Largest movements
- Receivables after one year +€96,200
new in 2024: €96,200
- Receivables within one year +€48,780
up €48,780 (+302.2%), from €16,144 to €64,924
of which Other amounts receivable: +€35,564
- Cash -€11,690
down €11,690 (-20.0%), from €58,501 to €46,811
mainly Receivables after one year (-€96,200) and Receivables within one year (-€48,780)
- Intangible fixed assets -€6,000
down €6,000 (-22.3%), from €26,959 to €20,959
- Reserves +€108,369
up €108,369 (+185.8%), from €58,316 to €166,686
- Tax, wage and social debts +€14,172
up €14,172 (+32.3%), from €43,924 to €58,095
of which Taxes: +€27,940
- Trade debts +€4,506
up €4,506 (+41.6%), from €10,842 to €15,348
- Gross operating margin +€96,282
up €96,282 (+106.9%), from €90,109 to €186,390
- Staff costs +€26,304
up €26,304 (+201.1%), from €13,081 to €39,385
- Taxes +€15,086
up €15,086 (+103.3%), from €14,601 to €29,687
- Depreciation +€4,199
up €4,199 (+103.3%), from €4,063 to €8,263
- Financial income +€2,850
new in 2024: €2,850
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.
Cash bridge derived
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 | €114,082 | €241,129 | +€127,047 | +111.4% |
| Fixed assets | 21/28 | €31,250 | €22,987 | -€8,263 | -26.4% |
| Intangible fixed assets | 21 | €26,959 | €20,959 | -€6,000 | -22.3% |
| Tangible fixed assets | 22/27 | €4,291 | €2,028 | -€2,263 | -52.7% |
| Plant, machinery and equipment | 23 | €4,291 | €2,028 | -€2,263 | -52.7% |
| Current assets | 29/58 | €82,832 | €218,142 | +€135,310 | +163.4% |
| Amounts receivable after more than one year | 29 | - | €96,200 | +€96,200 | |
| Other amounts receivable | 291 | - | €96,200 | +€96,200 | |
| Stocks and contracts in progress | 3 | €7,270 | €9,045 | +€1,776 | +24.4% |
| Stocks | 30/36 | €7,270 | €9,045 | +€1,776 | +24.4% |
| Amounts receivable within one year | 40/41 | €16,144 | €64,924 | +€48,780 | +302.2% |
| Trade receivables | 40 | - | €13,217 | +€13,217 | |
| Other amounts receivable | 41 | €16,144 | €51,708 | +€35,564 | +220.3% |
| Cash at bank and in hand | 54/58 | €58,501 | €46,811 | -€11,690 | -20.0% |
| Deferred charges and accrued income | 490/1 | €917 | €1,161 | +€244 | +26.6% |
| Total equity and liabilities | 10/49 | €114,082 | €241,129 | +€127,047 | +111.4% |
| Equity | 10/15 | €59,316 | €167,686 | +€108,369 | +182.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €58,316 | €166,686 | +€108,369 | +185.8% |
| Distributable reserves | 133 | €58,316 | €166,686 | +€108,369 | +185.8% |
| Amounts payable | 17/49 | €54,765 | €73,443 | +€18,678 | +34.1% |
| Amounts payable within one year | 42/48 | €54,765 | €73,443 | +€18,678 | +34.1% |
| Trade debts | 44 | €10,842 | €15,348 | +€4,506 | +41.6% |
| Suppliers | 440/4 | €10,842 | €15,348 | +€4,506 | +41.6% |
| Taxes, remuneration and social security | 45 | €43,924 | €58,095 | +€14,172 | +32.3% |
| Taxes | 450/3 | €25,534 | €53,474 | +€27,940 | +109.4% |
| Remuneration and social security | 454/9 | €18,389 | €4,621 | -€13,768 | -74.9% |
| Remuneration, social security and pensions | 62 | €13,081 | €39,385 | +€26,304 | +201.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,063 | €8,263 | +€4,199 | +103.3% |
| Other operating charges | 640/8 | - | €1,646 | +€1,646 | |
| Gross operating margin | 9900 | €90,109 | €186,390 | +€96,282 | +106.9% |
| Operating profit (loss) | 9901 | €72,965 | €137,097 | +€64,132 | +87.9% |
| Financial income | 75/76B | - | €2,850 | +€2,850 | |
| Recurring financial income | 75 | - | €2,850 | +€2,850 | |
| Financial charges | 65/66B | €48 | €1,891 | +€1,844 | +3880.7% |
| Recurring financial charges | 65 | €48 | €1,891 | +€1,844 | +3880.7% |
| Profit (loss) for the period before taxes | 9903 | €72,917 | €138,056 | +€65,139 | +89.3% |
| Income taxes | 67/77 | €14,601 | €29,687 | +€15,086 | +103.3% |
| Profit (loss) for the period | 9904 | €58,316 | €108,369 | +€50,053 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,316 | €108,369 | +€50,053 | +85.8% |
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 9 October 2026 via checked.be.