D.S.I.: 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.S.I.
Largest movements
- Receivables within one year -€518,819
down €518,819 (-66.1%), from €784,450 to €265,631
of which Other amounts receivable: -€493,596
- Current investments -€400,000
down €400,000 (-100%), from €400,000 to €0
- Tangible fixed assets -€144,470
down €144,470 (-29.5%), from €489,789 to €345,319
of which Furniture and vehicles: -€131,348
- Cash +€143,136
up €143,136 (+17.3%), from €829,649 to €972,785
mainly Net result for the year (+€589,462) and Receivables within one year (+€518,819)
- Profit (loss) carried forward -€601,527
down €601,527 (-100.0%), from €601,805 to €277
- Reserves -€238,000
down €238,000 (-23.5%), from €1.0m to €776,200
of which Distributable reserves: -€238,000
- Other debts -€62,095
down €62,095 (-9.4%), from €660,000 to €597,905
- Turnover -€2.8m
no longer reported in 2025 (was €2.8m)
- Purchases and services -€1.0m
no longer reported in 2025 (was €1.0m)
- Staff costs +€71,780
up €71,780 (+9.3%), from €770,366 to €842,146
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 | €2,609,538 | €1,692,742 | -€916,795 | -35.1% |
| Fixed assets | 21/28 | €531,505 | €387,646 | -€143,860 | -27.1% |
| Tangible fixed assets | 22/27 | €489,789 | €345,319 | -€144,470 | -29.5% |
| Plant, machinery and equipment | 23 | €57,893 | €44,771 | -€13,122 | -22.7% |
| Furniture and vehicles | 24 | €431,896 | €300,548 | -€131,348 | -30.4% |
| Financial fixed assets | 28 | €41,716 | €42,327 | +€611 | +1.5% |
| Current assets | 29/58 | €2,078,032 | €1,305,097 | -€772,936 | -37.2% |
| Amounts receivable within one year | 40/41 | €784,450 | €265,631 | -€518,819 | -66.1% |
| Trade receivables | 40 | €280,854 | €255,631 | -€25,223 | -9.0% |
| Other amounts receivable | 41 | €503,596 | €10,000 | -€493,596 | -98.0% |
| Current investments | 50/53 | €400,000 | €0 | -€400,000 | -100% |
| Cash at bank and in hand | 54/58 | €829,649 | €972,785 | +€143,136 | +17.3% |
| Deferred charges and accrued income | 490/1 | €63,934 | €66,680 | +€2,746 | +4.3% |
| Total equity and liabilities | 10/49 | €2,609,538 | €1,692,742 | -€916,795 | -35.1% |
| Equity | 10/15 | €1,678,005 | €838,477 | -€839,527 | -50.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,014,200 | €776,200 | -€238,000 | -23.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,008,000 | €770,000 | -€238,000 | -23.6% |
| Profit (loss) carried forward | 14 | €601,805 | €277 | -€601,527 | -100.0% |
| Amounts payable | 17/49 | €931,533 | €854,265 | -€77,268 | -8.3% |
| Amounts payable within one year | 42/48 | €845,465 | €764,238 | -€81,228 | -9.6% |
| Trade debts | 44 | €55,138 | €33,629 | -€21,509 | -39.0% |
| Suppliers | 440/4 | €55,138 | €33,629 | -€21,509 | -39.0% |
| Advances received on contracts in progress | 46 | €5,200 | €0 | -€5,200 | -100% |
| Taxes, remuneration and social security | 45 | €125,127 | €132,703 | +€7,576 | +6.1% |
| Taxes | 450/3 | €29,397 | €22,134 | -€7,264 | -24.7% |
| Remuneration and social security | 454/9 | €95,729 | €110,569 | +€14,840 | +15.5% |
| Other amounts payable | 47/48 | €660,000 | €597,905 | -€62,095 | -9.4% |
| Accrued charges and deferred income | 492/3 | €86,068 | €90,027 | +€3,960 | +4.6% |
| Turnover | 70 | €2,824,046 | - | -€2.8m | |
| Non-recurring operating income | 76A | €10,144 | €0 | -€10,144 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,037,089 | - | -€1.0m | |
| Remuneration, social security and pensions | 62 | €770,366 | €842,146 | +€71,780 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,536 | €165,231 | +€16,695 | +11.2% |
| Other operating charges | 640/8 | €16,426 | €7,932 | -€8,495 | -51.7% |
| Non-recurring operating charges | 66A | €11,949 | €0 | -€11,949 | -100% |
| Gross operating margin | 9900 | €1,809,179 | €1,814,682 | +€5,502 | +0.3% |
| Operating profit (loss) | 9901 | €861,902 | €799,374 | -€62,528 | -7.3% |
| Financial income | 75/76B | €41,375 | €15,040 | -€26,336 | -63.7% |
| Recurring financial income | 75 | €41,375 | €15,040 | -€26,336 | -63.7% |
| Financial charges | 65/66B | €528 | €5,620 | +€5,092 | +965% |
| Recurring financial charges | 65 | €528 | €5,620 | +€5,092 | +965% |
| Profit (loss) for the period before taxes | 9903 | €902,749 | €808,794 | -€93,955 | -10.4% |
| Income taxes | 67/77 | €239,434 | €219,332 | -€20,102 | -8.4% |
| Profit (loss) for the period | 9904 | €663,315 | €589,462 | -€73,854 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €663,315 | €589,462 | -€73,854 | -11.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.