D.S.P.: 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.P.
Largest movements
- Cash -€33,900
down €33,900 (-38.0%), from €89,199 to €55,299
mainly Receivables within one year (-€23,453) and Investment in fixed assets (net) (-€21,127)
- Receivables within one year +€23,453
up €23,453 (+44.0%), from €53,306 to €76,759
of which Trade receivables: +€23,046
- Tangible fixed assets +€17,900
up €17,900 (+204.1%), from €8,769 to €26,669
of which Furniture and vehicles: +€19,689
- Reserves +€20,000
up €20,000 (+15.8%), from €126,860 to €146,860
of which Distributable reserves: +€20,000
- Tax, wage and social debts -€8,473
down €8,473 (-39.5%), from €21,460 to €12,988
- Trade debts -€3,974
down €3,974 (-63.7%), from €6,241 to €2,267
- Other debts -€3,000
no longer reported in 2025 (was €3,000)
- Profit (loss) carried forward +€2,450
up €2,450 (+723.9%), from €338 to €2,788
- Gross operating margin +€22,995
up €22,995 (+119.8%), from €19,202 to €42,197
- Taxes +€8,799
up €8,799 (+223.9%), from €3,929 to €12,728
- Write-downs -€1,359
no longer reported in 2025 (was €1,359)
- Other operating charges +€1,310
up €1,310 (+163.4%), from €802 to €2,111
- Financial charges +€1,261
up €1,261 (+300.3%), from €420 to €1,680
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 | €164,100 | €171,103 | +€7,003 | +4.3% |
| Fixed assets | 21/28 | €8,794 | €26,694 | +€17,900 | +203.6% |
| Tangible fixed assets | 22/27 | €8,769 | €26,669 | +€17,900 | +204.1% |
| Land and buildings | 22 | €5,209 | €3,679 | -€1,530 | -29.4% |
| Plant, machinery and equipment | 23 | €1,917 | €1,658 | -€259 | -13.5% |
| Furniture and vehicles | 24 | €1,643 | €21,332 | +€19,689 | +1198.1% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €155,306 | €144,409 | -€10,897 | -7.0% |
| Stocks and contracts in progress | 3 | €12,350 | €12,350 | = | 0.0% |
| Stocks | 30/36 | €12,350 | €12,350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,306 | €76,759 | +€23,453 | +44.0% |
| Trade receivables | 40 | €47,922 | €70,968 | +€23,046 | +48.1% |
| Other amounts receivable | 41 | €5,384 | €5,791 | +€407 | +7.6% |
| Cash at bank and in hand | 54/58 | €89,199 | €55,299 | -€33,900 | -38.0% |
| Deferred charges and accrued income | 490/1 | €450 | - | -€450 | |
| Total equity and liabilities | 10/49 | €164,100 | €171,103 | +€7,003 | +4.3% |
| Equity | 10/15 | €133,398 | €155,848 | +€22,450 | +16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,860 | €146,860 | +€20,000 | +15.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Profit (loss) carried forward | 14 | €338 | €2,788 | +€2,450 | +723.9% |
| Amounts payable | 17/49 | €30,701 | €15,254 | -€15,447 | -50.3% |
| Amounts payable within one year | 42/48 | €30,701 | €15,254 | -€15,447 | -50.3% |
| Trade debts | 44 | €6,241 | €2,267 | -€3,974 | -63.7% |
| Suppliers | 440/4 | €6,241 | €2,267 | -€3,974 | -63.7% |
| Taxes, remuneration and social security | 45 | €21,460 | €12,988 | -€8,473 | -39.5% |
| Taxes | 450/3 | €21,460 | €12,988 | -€8,473 | -39.5% |
| Other amounts payable | 47/48 | €3,000 | - | -€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,626 | €3,227 | +€601 | +22.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,359 | - | -€1,359 | |
| Other operating charges | 640/8 | €802 | €2,111 | +€1,310 | +163.4% |
| Gross operating margin | 9900 | €19,202 | €42,197 | +€22,995 | +119.8% |
| Operating profit (loss) | 9901 | €14,415 | €36,858 | +€22,443 | +155.7% |
| Financial charges | 65/66B | €420 | €1,680 | +€1,261 | +300.3% |
| Recurring financial charges | 65 | €420 | €1,680 | +€1,261 | +300.3% |
| Profit (loss) for the period before taxes | 9903 | €13,996 | €35,178 | +€21,182 | +151.3% |
| Income taxes | 67/77 | €3,929 | €12,728 | +€8,799 | +223.9% |
| Profit (loss) for the period | 9904 | €10,066 | €22,450 | +€12,383 | +123.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,066 | €22,450 | +€12,383 | +123.0% |
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 9 October 2026 via checked.be.