2024 : A year of major milestones

Financial report 2024

2024 was a year that saw a number of important milestones for DNS Belgium. For a start, we bought our own office building. DNS Belgium first came into being at the University of Leuven and so it has always had close ties with the city. Purchasing our new office building not only confirms this strong connection with Leuven, but it also fits in with a carefully considered financial and strategic decision to strengthen our balance sheet.

Another important milestone was the fifth anniversary of Digital For Youth, the programme that has donated no fewer than 25,000 laptops to charities working to teach digital skills to young people in Belgium since it was founded in mid-2019. And our various awareness campaigns, which emphasise the importance of online safety for both older users and young people, were also successful. Plus we won no fewer than three awards: two BOCA (Best Of Content Awards) and one CMA (Content Marketing Award).

Striving to achieve independence

In 2024, we took the decision to make Belgian entrepreneurs aware of the fact that they should not simply place their digital identity and commercial activities in the hands of foreign tech giants, but should also work on establishing their own place online by having a .be domain name. Once the decision had been taken, we were able to develop a communication strategy that will serve as a springboard for raising more awareness in the coming years, so that Belgian businesses are able to become more independent and stronger in the long term. 

With this in mind, we are setting a good example ourselves and examining how we can make our own infrastructure more independent in the future. As a result, we may be looking for a replacement for the infrastructure on which our registration platform is based. 

After nine years of not raising our prices and having endured a loss-making year in 2024, we will now be increasing our charges. However, as we had built up good financial reserves over previous years and had kept prices constant, we were able to give back the bulk of these reserves to the various parties we worked with in 2023 and 2024.

 

HR

As we had done in previous years, we continued to focus on operational excellence and flawless HR administration practices in 2024. DNS Belgium aims to be (and will continue to be) an inspiring, sustainable working environment.

The figures:

As of 31st December 2024, 40 people were employed at DNS Belgium

  • 34 were employed full-time
  • 6 were employed part-time 

Just one employee left DNS Belgium in 2024. And we hired three new people.

Internships

In 2024, we introduced an internship programme designed to attract young professionals. What we do is offer them the opportunity to gain practical experience and develop practical skills that are relevant to their field of study. This programme demonstrates our commitment to the next generation of specialists in our field, while at the same time strengthening our employer brand with young people. 

Diversity and inclusion 

In 2023, we took the first steps towards diverse and inclusive communication. The next step was to run a workshop on DEI (Diversity, Equality & Inclusion), led by Hamza Ouamari, an external consultant specialising in inclusive communication. This was followed by a number of broader sessions with the DEI working group, as well as with Hamza and  his colleague Sana Sellami. This enabled us to formulate practical objectives, such as diverse representation on every level, fair pay and an inclusive corporate culture, while also tackling unconscious bias. These objectives provided the basis for establishing a DEI strategy, with the next step being the development of a DEI charter. This charter was officially presented to all employees in December 2024. 

Training and development 

DNS Belgium prides itself on focusing on the personal growth of its employees. As a result, the number of training courses made available has been increased significantly. In 2024, for instance, we paid particular attention to providing in-house training courses on connecting communication and S3 methodology. These two training courses are now mandatory for all employees so that we can create a shared basis for communication, decision-making and cooperation. 

Team event 

In September 2024, we held a strategic team meeting to bring all DNS Belgium employees together and create space for in-depth and meaningful discussions about the future of the organisation. Discussions focused on topics such as our growth strategy, the results of the annual employee survey and the core values of DNS Belgium. The meeting provided an inspiring opportunity to reflect together on where we want to go and how we aim to achieve our goals as a united team.

Annual accounts

Profit-and-loss account in euro
 20242023 2022 2021
Income 
Income from registration fees

 7,479,881

7,545.767 

 7,557,592 

7,516,341

          New names

 832,526

879,336 

940,347

1,122,432

          Renewals

6,212,951

6,258,580 

6,219,208

5,931,759

          Transfers

294,654

276,525 

272,196

335,422

          Reactivations

104,646

96,843 

98,381

93,528

          Services

23,971

24,743 

14,840

16,223

          Transfers from quarantaine

11,133

9,740 

12,620

16,977

Financial income

197,468

67,311 

3,800

1,404

Produced fixed assets

84,619

-

-

-

Other income 

-   

-   

430

-

Total income 

7,761,969

7,613,078

 7,561,822 

7,517,745

   
Expenditures 
Personnel costs

 5,457,459

5,245,460 

4,618,010

4,162,934

Externe consultancy

 443,421

346,435 

308,649

294,241

Costs of technical operations 

 1,166,921 

1,036,132 

943,939

808,063

General overheads

 1,078,524

997,998 

944,482

863,426

Depreciation

 151,335 

226,053 

226,864

551,864

Financial costs

 23,390

16,203 

39,849

29,366

Sustainability

 381,353

373,400 

363,299

368,209

Total costs

 8,702,403

8,241,681 

7,445,092

7,078,103

 

 

 

 

RESULT

-940,434 

-628,603 

116,730

439,642

Balance

Assets

2024

2023

 2022 

2021

Fixed assets

 2,539,706

204,452

273,131

409,215

Restructuring charges----
Intangible, tangible and financial assets

 2,539,706 

204,452 

273,131

409,215

Current assets

 5,595,421

8,898,780

9,280,843

9,138,561

Short-term receivables - Trade debtors

 877,406 

947,424 

962,669

943,663

Short-term receivables - Other

 8,419 

215,042 

7,832

26,468

Cash and cash equivalents

 4,247,587 

7,322,885 

7,965,809

7,851,295

Deferred charges and accrued income

 462,009 

413,429 

344,533

317,135

Total assets

 8,135,127

9,103,232

9,553,974 

9,547,776

     
Liabilities

2024

2023

2022

2021

Capital and reserves

 1,563,579

2,504,014

3,132,616

3,015,886

Surplus carried forward

 2,504,013 

3,132,616 

3,015,886

2,576,244

Profit (loss) of the year

-940,435 

-628,602 

116,730

439,642

Provisions

 87,143

78,035

-

-

Liabilities

 6,484,405

6,521,183

6,421,358

6,531,890

Suppliers

 739,426 

662,899 

694,865

856,487

Taxes, remuneration and social security costs 

 1,221,367

1,262,886 

1,082,893

1,030,666

Advances received from registrars

 1,166,438

1,193,066 

1,210,566

1,217,566

Accrued charges and deferred income 

 3,357,174 

3.402,332 

3,433,034

3,427,171

Total liabilities

 8,135,127

9,103,232

9,553,974

9,547,776