d-Scover: 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-Scover
Largest movements
- Receivables within one year -€105,300
down €105,300 (-82.5%), from €127,636 to €22,336
of which Other amounts receivable: -€104,795
- Cash +€24,448
up €24,448 (+27.2%), from €90,017 to €114,465
mainly Receivables within one year (+€105,300) and Net result for the year (+€101,596)
- Tangible fixed assets -€17,896
down €17,896 (-7.7%), from €233,248 to €215,352
of which Land and buildings: -€17,402
- Reserves -€114,000
down €114,000 (-53.3%), from €213,860 to €99,860
- Other debts +€16,296
up €16,296 (+7.7%), from €210,594 to €226,890
- Gross operating margin -€7,928
down €7,928 (-4.8%), from €164,552 to €156,624
- Taxes -€2,955
down €2,955 (-9.1%), from €32,646 to €29,691
- Financial income -€2,606
down €2,606 (-93.7%), from €2,780 to €174
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 | €460,965 | €362,150 | -€98,814 | -21.4% |
| Fixed assets | 21/28 | €233,248 | €215,352 | -€17,896 | -7.7% |
| Tangible fixed assets | 22/27 | €233,248 | €215,352 | -€17,896 | -7.7% |
| Land and buildings | 22 | €226,255 | €208,853 | -€17,402 | -7.7% |
| Plant, machinery and equipment | 23 | €2,929 | €2,771 | -€158 | -5.4% |
| Furniture and vehicles | 24 | €2,923 | €2,621 | -€302 | -10.3% |
| Other tangible fixed assets | 26 | €1,141 | €1,107 | -€34 | -3.0% |
| Current assets | 29/58 | €227,717 | €146,798 | -€80,919 | -35.5% |
| Amounts receivable within one year | 40/41 | €127,636 | €22,336 | -€105,300 | -82.5% |
| Trade receivables | 40 | €20,709 | €20,204 | -€505 | -2.4% |
| Other amounts receivable | 41 | €106,927 | €2,132 | -€104,795 | -98.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €90,017 | €114,465 | +€24,448 | +27.2% |
| Deferred charges and accrued income | 490/1 | €10,064 | €9,998 | -€67 | -0.7% |
| Total equity and liabilities | 10/49 | €460,965 | €362,150 | -€98,814 | -21.4% |
| Equity | 10/15 | €232,460 | €118,460 | -€114,000 | -49.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €213,860 | €99,860 | -€114,000 | -53.3% |
| Distributable reserves | 133 | €213,860 | €99,860 | -€114,000 | -53.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €228,505 | €243,690 | +€15,186 | +6.6% |
| Amounts payable within one year | 42/48 | €227,871 | €242,936 | +€15,065 | +6.6% |
| Trade debts | 44 | €5,016 | €2,825 | -€2,191 | -43.7% |
| Suppliers | 440/4 | €5,016 | €2,825 | -€2,191 | -43.7% |
| Taxes, remuneration and social security | 45 | €12,261 | €13,221 | +€960 | +7.8% |
| Taxes | 450/3 | €12,261 | €13,221 | +€960 | +7.8% |
| Other amounts payable | 47/48 | €210,594 | €226,890 | +€16,296 | +7.7% |
| Accrued charges and deferred income | 492/3 | €634 | €754 | +€120 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,220 | €19,319 | +€99 | +0.5% |
| Other operating charges | 640/8 | €4,158 | €3,995 | -€163 | -3.9% |
| Non-recurring operating charges | 66A | - | €1,186 | +€1,186 | |
| Gross operating margin | 9900 | €164,552 | €156,624 | -€7,928 | -4.8% |
| Operating profit (loss) | 9901 | €141,174 | €132,125 | -€9,050 | -6.4% |
| Financial income | 75/76B | €2,780 | €174 | -€2,606 | -93.7% |
| Recurring financial income | 75 | €2,780 | €174 | -€2,606 | -93.7% |
| Financial charges | 65/66B | €729 | €1,012 | +€283 | +38.9% |
| Recurring financial charges | 65 | €729 | €1,012 | +€283 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €143,225 | €131,287 | -€11,938 | -8.3% |
| Income taxes | 67/77 | €32,646 | €29,691 | -€2,955 | -9.1% |
| Profit (loss) for the period | 9904 | €110,580 | €101,596 | -€8,984 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €110,580 | €101,596 | -€8,984 | -8.1% |
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 12 October 2026 via checked.be.