DINAMO: what changed
Two fiscal 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.
DINAMO
Largest movements
- Tangible fixed assets -€73,408
down €73,408 (-8.0%), from €921,967 to €848,559
of which Land and buildings: -€73,482
- Receivables within one year +€56,542
up €56,542 (+229.8%), from €24,607 to €81,149
- Cash -€10,770
down €10,770 (-88.2%), from €12,210 to €1,440
mainly Net result for the year (-€68,518) and Receivables within one year (-€56,542)
- Profit (loss) carried forward -€68,518
down €68,518 (-11.5%), from -€593,751 to -€662,269
- Other debts +€31,954
up €31,954 (+5.9%), from €539,574 to €571,528
- Gross operating margin +€24,198
up €24,198, from -€5,336 to €18,863
- Financial charges -€2,054
down €2,054 (-19.0%), from €10,828 to €8,774
- Financial income -€283
down €283 (-99.8%), from €284 to €1
- Other operating charges -€232
down €232 (-5.5%), from €4,183 to €3,951
- Depreciation +€211
up €211 (+0.3%), from €74,377 to €74,588
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 | €959,799 | €932,548 | -€27,250 | -2.8% |
| Fixed assets | 21/28 | €921,967 | €848,559 | -€73,408 | -8.0% |
| Tangible fixed assets | 22/27 | €921,967 | €848,559 | -€73,408 | -8.0% |
| Land and buildings | 22 | €920,262 | €846,780 | -€73,482 | -8.0% |
| Plant, machinery and equipment | 23 | €444 | €21 | -€423 | -95.3% |
| Furniture and vehicles | 24 | €1,261 | €1,758 | +€497 | +39.4% |
| Current assets | 29/58 | €37,832 | €83,989 | +€46,157 | +122.0% |
| Amounts receivable within one year | 40/41 | €24,607 | €81,149 | +€56,542 | +229.8% |
| Trade receivables | 40 | €24,607 | €81,149 | +€56,542 | +229.8% |
| Cash at bank and in hand | 54/58 | €12,210 | €1,440 | -€10,770 | -88.2% |
| Deferred charges and accrued income | 490/1 | €1,015 | €1,400 | +€385 | +37.9% |
| Total equity and liabilities | 10/49 | €959,799 | €932,548 | -€27,250 | -2.8% |
| Equity | 10/15 | -€35,929 | -€104,447 | -€68,518 | -190.7% |
| Contributions | 10/11 | €335,000 | €335,000 | = | 0.0% |
| Revaluation surpluses | 12 | €213,518 | €213,518 | = | 0.0% |
| Reserves | 13 | €9,304 | €9,304 | = | 0.0% |
| Distributable reserves | 133 | €9,304 | €9,304 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€593,751 | -€662,269 | -€68,518 | -11.5% |
| Amounts payable | 17/49 | €995,728 | €1,036,996 | +€41,267 | +4.1% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €745,085 | €782,144 | +€37,059 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €190,000 | €190,000 | = | 0.0% |
| Credit institutions | 430/8 | €190,000 | €190,000 | = | 0.0% |
| Trade debts | 44 | €7,744 | €12,675 | +€4,931 | +63.7% |
| Suppliers | 440/4 | €7,744 | €12,675 | +€4,931 | +63.7% |
| Taxes, remuneration and social security | 45 | €7,767 | €7,941 | +€174 | +2.2% |
| Taxes | 450/3 | €7,767 | €7,941 | +€174 | +2.2% |
| Other amounts payable | 47/48 | €539,574 | €571,528 | +€31,954 | +5.9% |
| Accrued charges and deferred income | 492/3 | €643 | €4,852 | +€4,209 | +654.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,377 | €74,588 | +€211 | +0.3% |
| Other operating charges | 640/8 | €4,183 | €3,951 | -€232 | -5.5% |
| Gross operating margin | 9900 | -€5,336 | €18,863 | +€24,198 | |
| Operating profit (loss) | 9901 | -€83,895 | -€59,676 | +€24,219 | +28.9% |
| Financial income | 75/76B | €284 | €1 | -€283 | -99.8% |
| Recurring financial income | 75 | €284 | €1 | -€283 | -99.8% |
| Financial charges | 65/66B | €10,828 | €8,774 | -€2,054 | -19.0% |
| Recurring financial charges | 65 | €10,828 | €8,774 | -€2,054 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€94,440 | -€68,449 | +€25,991 | +27.5% |
| Income taxes | 67/77 | €181 | €69 | -€113 | -62.1% |
| Profit (loss) for the period | 9904 | -€94,621 | -€68,518 | +€26,103 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€94,621 | -€68,518 | +€26,103 | +27.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.