DYNATUBE: 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.
DYNATUBE
Largest movements
- Cash -€30,238
down €30,238 (-41.9%), from €72,147 to €41,909
mainly Contributions, distributions and other (-€78,000) and Current investments (-€20,001)
- Current investments +€20,001
up €20,001 (+13.3%), from €150,000 to €170,001
- Receivables within one year +€19,791
up €19,791 (+49.9%), from €39,684 to €59,475
of which Trade receivables: +€26,041
- Stocks and contracts -€16,719
down €16,719 (-89.1%), from €18,765 to €2,046
- Deferred charges and accrued income -€4,866
down €4,866 (-76.3%), from €6,373 to €1,508
- Reserves -€60,000
down €60,000 (-43.7%), from €137,151 to €77,151
of which Distributable reserves: -€60,000
- Other debts +€43,307
up €43,307 (+131.0%), from €33,053 to €76,360
- Other operating charges -€35,477
down €35,477 (-96.2%), from €36,868 to €1,392
- Gross operating margin -€20,084
down €20,084 (-35.3%), from €56,968 to €36,884
- Depreciation -€3,712
down €3,712 (-73.9%), from €5,024 to €1,312
- Taxes -€1,894
down €1,894 (-17.5%), from €10,831 to €8,937
- Financial income -€1,505
down €1,505 (-68.9%), from €2,184 to €679
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 | €292,650 | €276,128 | -€16,522 | -5.6% |
| Fixed assets | 21/28 | €5,681 | €1,190 | -€4,491 | -79.1% |
| Tangible fixed assets | 22/27 | €5,267 | €776 | -€4,491 | -85.3% |
| Furniture and vehicles | 24 | €2,959 | €776 | -€2,183 | -73.8% |
| Leasing and similar rights | 25 | €2,308 | - | -€2,308 | |
| Financial fixed assets | 28 | €414 | €414 | = | 0.0% |
| Current assets | 29/58 | €286,969 | €274,938 | -€12,031 | -4.2% |
| Stocks and contracts in progress | 3 | €18,765 | €2,046 | -€16,719 | -89.1% |
| Stocks | 30/36 | €18,765 | €2,046 | -€16,719 | -89.1% |
| Amounts receivable within one year | 40/41 | €39,684 | €59,475 | +€19,791 | +49.9% |
| Trade receivables | 40 | €27,799 | €53,839 | +€26,041 | +93.7% |
| Other amounts receivable | 41 | €11,886 | €5,635 | -€6,250 | -52.6% |
| Current investments | 50/53 | €150,000 | €170,001 | +€20,001 | +13.3% |
| Cash at bank and in hand | 54/58 | €72,147 | €41,909 | -€30,238 | -41.9% |
| Deferred charges and accrued income | 490/1 | €6,373 | €1,508 | -€4,866 | -76.3% |
| Total equity and liabilities | 10/49 | €292,650 | €276,128 | -€16,522 | -5.6% |
| Equity | 10/15 | €245,030 | €185,296 | -€59,734 | -24.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €137,151 | €77,151 | -€60,000 | -43.7% |
| Tax-exempt reserves | 132 | €4,292 | €4,292 | = | 0.0% |
| Distributable reserves | 133 | €132,859 | €72,859 | -€60,000 | -45.2% |
| Profit (loss) carried forward | 14 | €101,681 | €101,948 | +€266 | +0.3% |
| Amounts payable | 17/49 | €47,620 | €90,832 | +€43,212 | +90.7% |
| Amounts payable within one year | 42/48 | €47,620 | €90,832 | +€43,212 | +90.7% |
| Trade debts | 44 | €12,867 | €12,652 | -€215 | -1.7% |
| Suppliers | 440/4 | €12,867 | €12,652 | -€215 | -1.7% |
| Taxes, remuneration and social security | 45 | €1,700 | €1,820 | +€120 | +7.1% |
| Taxes | 450/3 | €1,700 | €1,820 | +€120 | +7.1% |
| Other amounts payable | 47/48 | €33,053 | €76,360 | +€43,307 | +131.0% |
| Remuneration, social security and pensions | 62 | €3,317 | €4,350 | +€1,033 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,024 | €1,312 | -€3,712 | -73.9% |
| Other operating charges | 640/8 | €36,868 | €1,392 | -€35,477 | -96.2% |
| Gross operating margin | 9900 | €56,968 | €36,884 | -€20,084 | -35.3% |
| Operating profit (loss) | 9901 | €11,759 | €29,831 | +€18,071 | +153.7% |
| Financial income | 75/76B | €2,184 | €679 | -€1,505 | -68.9% |
| Recurring financial income | 75 | €2,184 | €679 | -€1,505 | -68.9% |
| Financial charges | 65/66B | €2,155 | €3,307 | +€1,152 | +53.5% |
| Recurring financial charges | 65 | €2,155 | €3,307 | +€1,152 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €11,789 | €27,203 | +€15,414 | +130.8% |
| Income taxes | 67/77 | €10,831 | €8,937 | -€1,894 | -17.5% |
| Profit (loss) for the period | 9904 | €958 | €18,266 | +€17,308 | +1806.5% |
| Profit (loss) for the period to be appropriated | 9905 | €958 | €18,266 | +€17,308 | +1806.5% |
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 12 October 2026 via checked.be.