D.A.S.V.: 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.
D.A.S.V.
Largest movements
- Cash -€19,715
down €19,715 (-15.8%), from €124,636 to €104,921
mainly Net result for the year (-€21,035) and Trade debts (-€6,729)
- Deferred charges and accrued income -€3,948
down €3,948 (-19.1%), from €20,655 to €16,707
- Financial fixed assets -€2,650
down €2,650 (-100%), from €2,650 to €0
- Profit (loss) carried forward -€21,035
down €21,035 (-22.0%), from €95,820 to €74,784
- Trade debts -€6,729
down €6,729 (-98.7%), from €6,820 to €91
- Gross operating margin -€44,852
down €44,852, from €20,551 to -€24,301
- Financial income +€5,391
up €5,391 (+13,408%), from €40 to €5,431
- Taxes -€4,843
down €4,843 (-96.1%), from €5,039 to €196
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 | €172,541 | €144,408 | -€28,133 | -16.3% |
| Fixed assets | 21/28 | €5,858 | €1,752 | -€4,106 | -70.1% |
| Tangible fixed assets | 22/27 | €3,208 | €1,752 | -€1,456 | -45.4% |
| Furniture and vehicles | 24 | €3,208 | €1,752 | -€1,456 | -45.4% |
| Financial fixed assets | 28 | €2,650 | €0 | -€2,650 | -100% |
| Current assets | 29/58 | €166,683 | €142,656 | -€24,027 | -14.4% |
| Amounts receivable within one year | 40/41 | €21,391 | €21,027 | -€364 | -1.7% |
| Trade receivables | 40 | €20,101 | €18,724 | -€1,378 | -6.9% |
| Other amounts receivable | 41 | €1,290 | €2,304 | +€1,014 | +78.6% |
| Cash at bank and in hand | 54/58 | €124,636 | €104,921 | -€19,715 | -15.8% |
| Deferred charges and accrued income | 490/1 | €20,655 | €16,707 | -€3,948 | -19.1% |
| Total equity and liabilities | 10/49 | €172,541 | €144,408 | -€28,133 | -16.3% |
| Equity | 10/15 | €163,482 | €142,447 | -€21,035 | -12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61,463 | €61,463 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €59,603 | €59,603 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,820 | €74,784 | -€21,035 | -22.0% |
| Amounts payable | 17/49 | €9,058 | €1,961 | -€7,098 | -78.4% |
| Amounts payable within one year | 42/48 | €9,058 | €1,961 | -€7,098 | -78.4% |
| Trade debts | 44 | €6,820 | €91 | -€6,729 | -98.7% |
| Suppliers | 440/4 | €6,820 | €91 | -€6,729 | -98.7% |
| Taxes, remuneration and social security | 45 | €699 | €0 | -€699 | -100% |
| Taxes | 450/3 | €699 | €0 | -€699 | -100% |
| Other amounts payable | 47/48 | €1,540 | €1,870 | +€330 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,364 | €1,456 | +€92 | +6.8% |
| Other operating charges | 640/8 | €384 | €432 | +€48 | +12.5% |
| Gross operating margin | 9900 | €20,551 | -€24,301 | -€44,852 | |
| Operating profit (loss) | 9901 | €18,803 | -€26,189 | -€44,992 | |
| Financial income | 75/76B | €40 | €5,431 | +€5,391 | +13,408% |
| Recurring financial income | 75 | €40 | €5,431 | +€5,391 | +13,408% |
| Financial charges | 65/66B | €84 | €81 | -€3 | -3.2% |
| Recurring financial charges | 65 | €84 | €81 | -€3 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €18,759 | -€20,839 | -€39,598 | |
| Income taxes | 67/77 | €5,039 | €196 | -€4,843 | -96.1% |
| Profit (loss) for the period | 9904 | €13,720 | -€21,035 | -€34,756 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,720 | -€21,035 | -€34,756 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.