D.J. DIENSTEN: 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.J. DIENSTEN
Largest movements
- Current investments +€75,000
up €75,000 (+96.8%), from €77,500 to €152,500
- Tangible fixed assets -€30,390
down €30,390 (-6.2%), from €492,881 to €462,491
of which Land and buildings: -€21,103
- Cash +€12,158
up €12,158 (+158.2%), from €7,683 to €19,842
mainly Other debts (+€70,371) and Depreciation (+€33,049)
- Other debts +€70,371
up €70,371 (+208.6%), from €33,741 to €104,112
- Reserves -€15,513
down €15,513 (-2.9%), from €527,796 to €512,283
of which Distributable reserves: -€15,513
- Gross operating margin -€12,543
down €12,543 (-37.3%), from €33,608 to €21,065
- Taxes -€1,865
down €1,865 (-80.2%), from €2,327 to €462
- Financial charges -€1,600
down €1,600 (-97.0%), from €1,650 to €50
- Financial income -€922
down €922 (-37.2%), from €2,480 to €1,558
- Depreciation +€587
up €587 (+1.8%), from €32,462 to €33,049
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 | €584,108 | €636,515 | +€52,407 | +9.0% |
| Fixed assets | 21/28 | €493,043 | €462,653 | -€30,390 | -6.2% |
| Tangible fixed assets | 22/27 | €492,881 | €462,491 | -€30,390 | -6.2% |
| Land and buildings | 22 | €471,432 | €450,329 | -€21,103 | -4.5% |
| Plant, machinery and equipment | 23 | €6,206 | €4,807 | -€1,399 | -22.6% |
| Furniture and vehicles | 24 | €15,243 | €7,356 | -€7,887 | -51.7% |
| Financial fixed assets | 28 | €162 | €162 | = | 0.0% |
| Current assets | 29/58 | €91,065 | €173,862 | +€82,797 | +90.9% |
| Amounts receivable within one year | 40/41 | €5,882 | €1,521 | -€4,361 | -74.1% |
| Trade receivables | 40 | €5,882 | €1,521 | -€4,361 | -74.1% |
| Current investments | 50/53 | €77,500 | €152,500 | +€75,000 | +96.8% |
| Cash at bank and in hand | 54/58 | €7,683 | €19,842 | +€12,158 | +158.2% |
| Total equity and liabilities | 10/49 | €584,108 | €636,515 | +€52,407 | +9.0% |
| Equity | 10/15 | €546,396 | €530,883 | -€15,513 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €527,796 | €512,283 | -€15,513 | -2.9% |
| Non-distributable reserves | 130/1 | €9,420 | €9,420 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,420 | €9,420 | = | 0.0% |
| Tax-exempt reserves | 132 | €195,828 | €195,828 | = | 0.0% |
| Distributable reserves | 133 | €322,547 | €307,034 | -€15,513 | -4.8% |
| Amounts payable | 17/49 | €37,712 | €105,632 | +€67,920 | +180.1% |
| Amounts payable within one year | 42/48 | €36,991 | €105,632 | +€68,642 | +185.6% |
| Trade debts | 44 | €180 | €808 | +€628 | +348.5% |
| Suppliers | 440/4 | €180 | €808 | +€628 | +348.5% |
| Taxes, remuneration and social security | 45 | €3,069 | €713 | -€2,357 | -76.8% |
| Taxes | 450/3 | €3,069 | €713 | -€2,357 | -76.8% |
| Other amounts payable | 47/48 | €33,741 | €104,112 | +€70,371 | +208.6% |
| Accrued charges and deferred income | 492/3 | €722 | - | -€722 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,462 | €33,049 | +€587 | +1.8% |
| Other operating charges | 640/8 | €5,135 | €4,575 | -€560 | -10.9% |
| Gross operating margin | 9900 | €33,608 | €21,065 | -€12,543 | -37.3% |
| Operating profit (loss) | 9901 | -€3,989 | -€16,559 | -€12,571 | -315.2% |
| Financial income | 75/76B | €2,480 | €1,558 | -€922 | -37.2% |
| Recurring financial income | 75 | €2,480 | €1,558 | -€922 | -37.2% |
| Financial charges | 65/66B | €1,650 | €50 | -€1,600 | -97.0% |
| Recurring financial charges | 65 | €1,650 | €50 | -€1,600 | -97.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,158 | -€15,051 | -€11,893 | -376.6% |
| Income taxes | 67/77 | €2,327 | €462 | -€1,865 | -80.2% |
| Profit (loss) for the period | 9904 | -€5,485 | -€15,513 | -€10,028 | -182.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,485 | -€15,513 | -€10,028 | -182.8% |
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 11 October 2026 via checked.be.