D.S.Y.: 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.Y.
Largest movements
- Stocks and contracts -€173,195
down €173,195 (-39.6%), from €437,199 to €264,004
- Cash -€57,348
down €57,348 (-90.1%), from €63,628 to €6,280
mainly Other debts (-€162,695) and Net result for the year (-€90,766)
- Receivables within one year -€53,410
down €53,410 (-47.0%), from €113,527 to €60,117
of which Other amounts receivable: -€27,510
- Tangible fixed assets -€20,200
down €20,200 (-98.3%), from €20,543 to €343
of which Other tangible fixed assets: -€19,857
- Other debts -€162,695
down €162,695 (-20.7%), from €786,208 to €623,513
- Profit (loss) carried forward -€90,766
down €90,766 (-25.5%), from -€355,854 to -€446,620
- Trade debts -€38,955
down €38,955 (-21.8%), from €178,556 to €139,601
- Tax, wage and social debts -€6,736
down €6,736 (-34.3%), from €19,641 to €12,904
of which Remuneration and social security: -€3,455
- Staff costs -€42,529
down €42,529 (-85.8%), from €49,566 to €7,037
- Gross operating margin +€21,899
up €21,899 (+26.2%), from -€83,677 to -€61,778
- Depreciation -€9,033
down €9,033 (-96.3%), from €9,376 to €343
- Financial charges +€1,521
up €1,521 (+99.0%), from €1,535 to €3,056
- Financial income +€1,284
up €1,284 (+247%), from €520 to €1,804
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 | €639,751 | €335,598 | -€304,153 | -47.5% |
| Fixed assets | 21/28 | €25,398 | €5,198 | -€20,200 | -79.5% |
| Tangible fixed assets | 22/27 | €20,543 | €343 | -€20,200 | -98.3% |
| Furniture and vehicles | 24 | €685 | €343 | -€343 | -50.0% |
| Other tangible fixed assets | 26 | €19,857 | - | -€19,857 | |
| Financial fixed assets | 28 | €4,855 | €4,855 | = | 0.0% |
| Current assets | 29/58 | €614,353 | €330,400 | -€283,953 | -46.2% |
| Stocks and contracts in progress | 3 | €437,199 | €264,004 | -€173,195 | -39.6% |
| Stocks | 30/36 | €437,199 | €264,004 | -€173,195 | -39.6% |
| Amounts receivable within one year | 40/41 | €113,527 | €60,117 | -€53,410 | -47.0% |
| Trade receivables | 40 | €56,052 | €30,152 | -€25,900 | -46.2% |
| Other amounts receivable | 41 | €57,474 | €29,964 | -€27,510 | -47.9% |
| Cash at bank and in hand | 54/58 | €63,628 | €6,280 | -€57,348 | -90.1% |
| Total equity and liabilities | 10/49 | €639,751 | €335,598 | -€304,153 | -47.5% |
| Equity | 10/15 | -€349,654 | -€440,420 | -€90,766 | -26.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€355,854 | -€446,620 | -€90,766 | -25.5% |
| Amounts payable | 17/49 | €989,405 | €776,019 | -€213,386 | -21.6% |
| Amounts payable within one year | 42/48 | €989,405 | €776,019 | -€213,386 | -21.6% |
| Trade debts | 44 | €178,556 | €139,601 | -€38,955 | -21.8% |
| Suppliers | 440/4 | €178,556 | €139,601 | -€38,955 | -21.8% |
| Advances received on contracts in progress | 46 | €5,000 | - | -€5,000 | |
| Taxes, remuneration and social security | 45 | €19,641 | €12,904 | -€6,736 | -34.3% |
| Taxes | 450/3 | €16,186 | €12,904 | -€3,281 | -20.3% |
| Remuneration and social security | 454/9 | €3,455 | - | -€3,455 | |
| Other amounts payable | 47/48 | €786,208 | €623,513 | -€162,695 | -20.7% |
| Remuneration, social security and pensions | 62 | €49,566 | €7,037 | -€42,529 | -85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,376 | €343 | -€9,033 | -96.3% |
| Other operating charges | 640/8 | €476 | €500 | +€24 | +5.1% |
| Non-recurring operating charges | 66A | - | €19,857 | +€19,857 | |
| Gross operating margin | 9900 | -€83,677 | -€61,778 | +€21,899 | +26.2% |
| Operating profit (loss) | 9901 | -€143,094 | -€89,515 | +€53,579 | +37.4% |
| Financial income | 75/76B | €520 | €1,804 | +€1,284 | +247% |
| Recurring financial income | 75 | €520 | €1,804 | +€1,284 | +247% |
| Financial charges | 65/66B | €1,535 | €3,056 | +€1,521 | +99.0% |
| Recurring financial charges | 65 | €1,535 | €3,056 | +€1,521 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | -€144,110 | -€90,766 | +€53,343 | +37.0% |
| Profit (loss) for the period | 9904 | -€144,110 | -€90,766 | +€53,343 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€144,110 | -€90,766 | +€53,343 | +37.0% |
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 24 October 2026 via checked.be.