DYNINVEST: 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.
DYNINVEST
Largest movements
- Stocks and contracts -€45,147
no longer reported in 2025 (was €45,147)
- Cash +€19,987
up €19,987 (+529%), from €3,778 to €23,764
mainly Net result for the year (+€46,905) and Stocks and contracts (+€45,147)
- Receivables within one year +€12,874
up €12,874 (+9.8%), from €130,983 to €143,857
of which Trade receivables: +€10,921
- Tangible fixed assets +€8,661
up €8,661, from €0 to €8,661
- Profit (loss) carried forward +€46,905
up €46,905 (+24.0%), from -€195,650 to -€148,745
- Trade debts -€45,993
down €45,993 (-100%), from €45,993 to €0
- Tax, wage and social debts -€5,153
down €5,153 (-80.1%), from €6,433 to €1,280
of which Taxes: -€3,653
- Gross operating margin +€71,698
up €71,698, from -€23,072 to €48,625
- Depreciation +€1,439
new in 2025: €1,439
- Financial income +€1,140
up €1,140 (+189,955%), from €1 to €1,140
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 | €180,515 | €177,025 | -€3,489 | -1.9% |
| Fixed assets | 21/28 | €0 | €8,661 | +€8,661 | |
| Tangible fixed assets | 22/27 | €0 | €8,661 | +€8,661 | |
| Furniture and vehicles | 24 | €0 | €8,661 | +€8,661 | |
| Current assets | 29/58 | €180,515 | €168,364 | -€12,150 | -6.7% |
| Stocks and contracts in progress | 3 | €45,147 | - | -€45,147 | |
| Stocks | 30/36 | €45,147 | - | -€45,147 | |
| Amounts receivable within one year | 40/41 | €130,983 | €143,857 | +€12,874 | +9.8% |
| Trade receivables | 40 | €129,100 | €140,020 | +€10,921 | +8.5% |
| Other amounts receivable | 41 | €1,883 | €3,837 | +€1,953 | +104% |
| Cash at bank and in hand | 54/58 | €3,778 | €23,764 | +€19,987 | +529% |
| Deferred charges and accrued income | 490/1 | €607 | €743 | +€136 | +22.4% |
| Total equity and liabilities | 10/49 | €180,515 | €177,025 | -€3,489 | -1.9% |
| Equity | 10/15 | -€85,650 | -€38,745 | +€46,905 | +54.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€195,650 | -€148,745 | +€46,905 | +24.0% |
| Amounts payable | 17/49 | €266,164 | €215,771 | -€50,394 | -18.9% |
| Amounts payable after more than one year | 17 | €173,401 | €173,401 | = | 0.0% |
| Other amounts payable | 178/9 | €173,401 | €173,401 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,763 | €42,369 | -€50,394 | -54.3% |
| Trade debts | 44 | €45,993 | €0 | -€45,993 | -100% |
| Suppliers | 440/4 | €45,993 | €0 | -€45,993 | -100% |
| Taxes, remuneration and social security | 45 | €6,433 | €1,280 | -€5,153 | -80.1% |
| Taxes | 450/3 | €4,933 | €1,280 | -€3,653 | -74.0% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €40,337 | €41,089 | +€752 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,439 | +€1,439 | |
| Other operating charges | 640/8 | €939 | €646 | -€293 | -31.2% |
| Gross operating margin | 9900 | -€23,072 | €48,625 | +€71,698 | |
| Operating profit (loss) | 9901 | -€24,011 | €46,541 | +€70,552 | |
| Financial income | 75/76B | €1 | €1,140 | +€1,140 | +189,955% |
| Recurring financial income | 75 | €1 | €1,140 | +€1,140 | +189,955% |
| Financial charges | 65/66B | €489 | €636 | +€147 | +30.0% |
| Recurring financial charges | 65 | €489 | €636 | +€147 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | -€24,500 | €47,045 | +€71,544 | |
| Income taxes | 67/77 | €133 | €140 | +€7 | +5.4% |
| Profit (loss) for the period | 9904 | -€24,633 | €46,905 | +€71,537 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,633 | €46,905 | +€71,537 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.