D.K.S.L.: 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.K.S.L.
Largest movements
- Current investments +€57,994
up €57,994 (+60.2%), from €96,327 to €154,321
- Receivables within one year -€11,457
down €11,457 (-41.8%), from €27,413 to €15,956
of which Other amounts receivable: -€12,697
- Cash -€9,089
down €9,089 (-3.2%), from €285,046 to €275,957
mainly Contributions, distributions and other (-€87,610) and Current investments (-€57,994)
- Other debts +€32,457
new in 2025: €32,457
- Gross operating margin -€13,094
down €13,094 (-10.0%), from €131,269 to €118,175
- Financial income +€7,561
up €7,561 (+116%), from €6,523 to €14,083
- Staff costs -€3,000
down €3,000 (-100%), from €3,000 to €0
- Taxes -€2,060
down €2,060 (-5.3%), from €38,734 to €36,674
- Depreciation -€1,616
down €1,616 (-29.0%), from €5,571 to €3,954
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 | €554,719 | €589,460 | +€34,741 | +6.3% |
| Fixed assets | 21/28 | €71,767 | €67,813 | -€3,954 | -5.5% |
| Tangible fixed assets | 22/27 | €21,767 | €17,813 | -€3,954 | -18.2% |
| Land and buildings | 22 | €15,689 | €13,313 | -€2,376 | -15.1% |
| Furniture and vehicles | 24 | €6,078 | €4,499 | -€1,579 | -26.0% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €482,952 | €521,648 | +€38,695 | +8.0% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,413 | €15,956 | -€11,457 | -41.8% |
| Trade receivables | 40 | €1,240 | €2,481 | +€1,240 | +100% |
| Other amounts receivable | 41 | €26,173 | €13,476 | -€12,697 | -48.5% |
| Current investments | 50/53 | €96,327 | €154,321 | +€57,994 | +60.2% |
| Cash at bank and in hand | 54/58 | €285,046 | €275,957 | -€9,089 | -3.2% |
| Deferred charges and accrued income | 490/1 | €9,166 | €10,414 | +€1,248 | +13.6% |
| Total equity and liabilities | 10/49 | €554,719 | €589,460 | +€34,741 | +6.3% |
| Equity | 10/15 | €541,535 | €543,977 | +€2,442 | +0.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €529,135 | €531,577 | +€2,442 | +0.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €529,135 | €531,577 | +€2,442 | +0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,184 | €45,483 | +€32,300 | +245% |
| Amounts payable within one year | 42/48 | €13,184 | €45,483 | +€32,300 | +245% |
| Trade debts | 44 | €2,727 | €4,410 | +€1,683 | +61.7% |
| Suppliers | 440/4 | €2,727 | €4,410 | +€1,683 | +61.7% |
| Taxes, remuneration and social security | 45 | €10,456 | €8,617 | -€1,840 | -17.6% |
| Taxes | 450/3 | €10,456 | €8,617 | -€1,840 | -17.6% |
| Other amounts payable | 47/48 | - | €32,457 | +€32,457 | |
| Remuneration, social security and pensions | 62 | €3,000 | €0 | -€3,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,571 | €3,954 | -€1,616 | -29.0% |
| Other operating charges | 640/8 | €534 | €632 | +€98 | +18.4% |
| Gross operating margin | 9900 | €131,269 | €118,175 | -€13,094 | -10.0% |
| Operating profit (loss) | 9901 | €122,165 | €113,589 | -€8,576 | -7.0% |
| Financial income | 75/76B | €6,523 | €14,083 | +€7,561 | +116% |
| Recurring financial income | 75 | €6,523 | €14,083 | +€7,561 | +116% |
| Financial charges | 65/66B | €298 | €946 | +€648 | +218% |
| Recurring financial charges | 65 | €298 | €946 | +€648 | +218% |
| Profit (loss) for the period before taxes | 9903 | €128,389 | €126,726 | -€1,663 | -1.3% |
| Income taxes | 67/77 | €38,734 | €36,674 | -€2,060 | -5.3% |
| Profit (loss) for the period | 9904 | €89,656 | €90,052 | +€396 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,656 | €90,052 | +€396 | +0.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.