D.S.P. FINANCES: what changed
D.S.P. FINANCES
Largest movements
- Receivables within one year +€29,030
up €29,030 (+64.0%), from €45,390 to €74,420
of which Other amounts receivable: +€29,130
- Cash +€19,817
up €19,817 (+69.9%), from €28,366 to €48,184
mainly Net result for the year (+€36,182) and Tax, wage and social debts (+€20,288)
- Tangible fixed assets +€5,887
up €5,887 (+298%), from €1,977 to €7,863
- Profit (loss) carried forward +€36,182
up €36,182 (+59.1%), from €61,201 to €97,383
- Tax, wage and social debts +€20,288
up €20,288 (+232%), from €8,751 to €29,039
of which Taxes: +€13,028
- Trade debts -€1,635
down €1,635 (-44.4%), from €3,680 to €2,045
- Gross operating margin +€40,193
up €40,193 (+76.4%), from €52,614 to €92,806
- Staff costs +€16,279
up €16,279 (+63.1%), from €25,799 to €42,078
- Taxes +€4,412
up €4,412 (+52.4%), from €8,424 to €12,836
- Financial income +€4,092
new in 2025: €4,092
- Other operating charges +€1,642
up €1,642 (+262%), from €627 to €2,270
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,733 | €130,467 | +€54,734 | +72.3% |
| Fixed assets | 21/28 | €1,977 | €7,863 | +€5,887 | +298% |
| Tangible fixed assets | 22/27 | €1,977 | €7,863 | +€5,887 | +298% |
| Furniture and vehicles | 24 | €1,977 | €7,863 | +€5,887 | +298% |
| Current assets | 29/58 | €73,756 | €122,604 | +€48,847 | +66.2% |
| Amounts receivable within one year | 40/41 | €45,390 | €74,420 | +€29,030 | +64.0% |
| Trade receivables | 40 | €100 | €0 | -€100 | -100% |
| Other amounts receivable | 41 | €45,290 | €74,420 | +€29,130 | +64.3% |
| Cash at bank and in hand | 54/58 | €28,366 | €48,184 | +€19,817 | +69.9% |
| Total equity and liabilities | 10/49 | €75,733 | €130,467 | +€54,734 | +72.3% |
| Equity | 10/15 | €63,201 | €99,383 | +€36,182 | +57.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €61,201 | €97,383 | +€36,182 | +59.1% |
| Amounts payable | 17/49 | €12,532 | €31,084 | +€18,552 | +148% |
| Amounts payable within one year | 42/48 | €12,431 | €31,084 | +€18,652 | +150% |
| Trade debts | 44 | €3,680 | €2,045 | -€1,635 | -44.4% |
| Suppliers | 440/4 | €3,680 | €2,045 | -€1,635 | -44.4% |
| Taxes, remuneration and social security | 45 | €8,751 | €29,039 | +€20,288 | +232% |
| Taxes | 450/3 | €8,424 | €21,452 | +€13,028 | +155% |
| Remuneration and social security | 454/9 | €327 | €7,587 | +€7,260 | +2,219% |
| Accrued charges and deferred income | 492/3 | €101 | €0 | -€101 | -100% |
| Remuneration, social security and pensions | 62 | €25,799 | €42,078 | +€16,279 | +63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,653 | €2,006 | -€647 | -24.4% |
| Other operating charges | 640/8 | €627 | €2,270 | +€1,642 | +262% |
| Gross operating margin | 9900 | €52,614 | €92,806 | +€40,193 | +76.4% |
| Operating profit (loss) | 9901 | €23,534 | €46,453 | +€22,919 | +97.4% |
| Financial income | 75/76B | - | €4,092 | +€4,092 | |
| Recurring financial income | 75 | - | €4,092 | +€4,092 | |
| Financial charges | 65/66B | €1,416 | €1,527 | +€110 | +7.8% |
| Recurring financial charges | 65 | €1,416 | €1,527 | +€110 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €22,118 | €49,018 | +€26,900 | +122% |
| Income taxes | 67/77 | €8,424 | €12,836 | +€4,412 | +52.4% |
| Profit (loss) for the period | 9904 | €13,695 | €36,182 | +€22,488 | +164% |
| Profit (loss) for the period to be appropriated | 9905 | €13,695 | €36,182 | +€22,488 | +164% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.