DASC: 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.
DASC
Largest movements
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Cash +€194,646
up €194,646 (+640%), from €30,397 to €225,043
mainly Current investments (+€300,000) and Other debts (+€170,996)
- Receivables within one year +€29,886
up €29,886 (+180%), from €16,647 to €46,533
of which Other amounts receivable: +€38,949
- Tangible fixed assets -€14,350
down €14,350 (-15.0%), from €95,473 to €81,122
of which Land and buildings: -€11,065
- Reserves -€237,860
down €237,860 (-65.1%), from €365,160 to €127,300
- Other debts +€170,996
up €170,996 (+256%), from €66,873 to €237,869
- Profit (loss) carried forward -€11,874
down €11,874 (-57.1%), from -€20,808 to -€32,682
- Tax, wage and social debts -€11,288
down €11,288 (-87.1%), from €12,955 to €1,668
- Gross operating margin -€58,985
down €58,985 (-96.0%), from €61,467 to €2,482
- Taxes -€11,159
down €11,159 (-96.1%), from €11,611 to €452
- Financial income -€5,555
down €5,555 (-55.7%), from €9,969 to €4,414
- Depreciation -€2,144
down €2,144 (-13.0%), from €16,494 to €14,350
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 | €444,767 | €354,923 | -€89,844 | -20.2% |
| Fixed assets | 21/28 | €95,483 | €81,132 | -€14,350 | -15.0% |
| Tangible fixed assets | 22/27 | €95,473 | €81,122 | -€14,350 | -15.0% |
| Land and buildings | 22 | €89,954 | €78,889 | -€11,065 | -12.3% |
| Plant, machinery and equipment | 23 | €1,516 | €1,137 | -€379 | -25.0% |
| Furniture and vehicles | 24 | €4,003 | €1,097 | -€2,906 | -72.6% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €349,284 | €273,790 | -€75,494 | -21.6% |
| Amounts receivable within one year | 40/41 | €16,647 | €46,533 | +€29,886 | +180% |
| Trade receivables | 40 | €16,205 | €7,143 | -€9,063 | -55.9% |
| Other amounts receivable | 41 | €442 | €39,391 | +€38,949 | +8,804% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €30,397 | €225,043 | +€194,646 | +640% |
| Deferred charges and accrued income | 490/1 | €2,240 | €2,213 | -€26 | -1.2% |
| Total equity and liabilities | 10/49 | €444,767 | €354,923 | -€89,844 | -20.2% |
| Equity | 10/15 | €362,952 | €113,218 | -€249,734 | -68.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €365,160 | €127,300 | -€237,860 | -65.1% |
| Distributable reserves | 133 | €365,160 | €127,300 | -€237,860 | -65.1% |
| Profit (loss) carried forward | 14 | -€20,808 | -€32,682 | -€11,874 | -57.1% |
| Amounts payable | 17/49 | €81,815 | €241,705 | +€159,890 | +195% |
| Amounts payable within one year | 42/48 | €81,815 | €241,705 | +€159,890 | +195% |
| Trade debts | 44 | €1,987 | €2,168 | +€181 | +9.1% |
| Suppliers | 440/4 | €1,987 | €2,168 | +€181 | +9.1% |
| Taxes, remuneration and social security | 45 | €12,955 | €1,668 | -€11,288 | -87.1% |
| Taxes | 450/3 | €12,955 | €1,668 | -€11,288 | -87.1% |
| Other amounts payable | 47/48 | €66,873 | €237,869 | +€170,996 | +256% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,494 | €14,350 | -€2,144 | -13.0% |
| Other operating charges | 640/8 | €3,981 | €3,960 | -€20 | -0.5% |
| Gross operating margin | 9900 | €61,467 | €2,482 | -€58,985 | -96.0% |
| Operating profit (loss) | 9901 | €40,992 | -€15,829 | -€56,821 | |
| Financial income | 75/76B | €9,969 | €4,414 | -€5,555 | -55.7% |
| Recurring financial income | 75 | €9,969 | €4,414 | -€5,555 | -55.7% |
| Financial charges | 65/66B | - | €8 | +€8 | |
| Recurring financial charges | 65 | - | €8 | +€8 | |
| Profit (loss) for the period before taxes | 9903 | €50,962 | -€11,422 | -€62,384 | |
| Income taxes | 67/77 | €11,611 | €452 | -€11,159 | -96.1% |
| Profit (loss) for the period | 9904 | €39,351 | -€11,874 | -€51,225 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,351 | -€11,874 | -€51,225 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.