DBSL: 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.
DBSL
Largest movements
- Cash +€66,500
up €66,500 (+137%), from €48,411 to €114,910
mainly Net result for the year (+€91,802) and Other debts (+€58,865)
- Tangible fixed assets -€7,174
down €7,174 (-29.4%), from €24,436 to €17,263
of which Furniture and vehicles: -€7,021
- Receivables within one year +€6,049
up €6,049 (+80.7%), from €7,492 to €13,541
of which Trade receivables: +€13,541
- Other debts +€58,865
up €58,865 (+30.8%), from €191,184 to €250,049
- Tax, wage and social debts +€7,209
new in 2025: €7,209
- Gross operating margin +€79,309
up €79,309 (+166%), from €47,657 to €126,967
- Taxes +€20,019
up €20,019 (+153%), from €13,042 to €33,061
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 | €257,415 | €322,985 | +€65,570 | +25.5% |
| Fixed assets | 21/28 | €24,436 | €17,263 | -€7,174 | -29.4% |
| Tangible fixed assets | 22/27 | €24,436 | €17,263 | -€7,174 | -29.4% |
| Furniture and vehicles | 24 | €23,980 | €16,958 | -€7,021 | -29.3% |
| Other tangible fixed assets | 26 | €456 | €304 | -€152 | -33.3% |
| Current assets | 29/58 | €232,979 | €305,722 | +€72,743 | +31.2% |
| Amounts receivable after more than one year | 29 | €175,000 | €175,000 | = | 0.0% |
| Other amounts receivable | 291 | €175,000 | €175,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,492 | €13,541 | +€6,049 | +80.7% |
| Trade receivables | 40 | €0 | €13,541 | +€13,541 | |
| Other amounts receivable | 41 | €7,492 | €0 | -€7,492 | -100% |
| Cash at bank and in hand | 54/58 | €48,411 | €114,910 | +€66,500 | +137% |
| Deferred charges and accrued income | 490/1 | €2,077 | €2,271 | +€195 | +9.4% |
| Total equity and liabilities | 10/49 | €257,415 | €322,985 | +€65,570 | +25.5% |
| Equity | 10/15 | €65,133 | €65,133 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €64,133 | €64,133 | = | 0.0% |
| Distributable reserves | 133 | €64,133 | €64,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €192,282 | €257,852 | +€65,570 | +34.1% |
| Amounts payable within one year | 42/48 | €192,282 | €257,852 | +€65,570 | +34.1% |
| Trade debts | 44 | €1,098 | €594 | -€504 | -45.9% |
| Suppliers | 440/4 | €1,098 | €594 | -€504 | -45.9% |
| Taxes, remuneration and social security | 45 | - | €7,209 | +€7,209 | |
| Taxes | 450/3 | - | €7,209 | +€7,209 | |
| Other amounts payable | 47/48 | €191,184 | €250,049 | +€58,865 | +30.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,174 | €7,174 | = | 0.0% |
| Other operating charges | 640/8 | €981 | €1,008 | +€26 | +2.7% |
| Gross operating margin | 9900 | €47,657 | €126,967 | +€79,309 | +166% |
| Operating profit (loss) | 9901 | €39,502 | €118,785 | +€79,283 | +201% |
| Financial income | 75/76B | €6,476 | €6,116 | -€360 | -5.6% |
| Recurring financial income | 75 | €6,476 | €6,116 | -€360 | -5.6% |
| Financial charges | 65/66B | €67 | €38 | -€30 | -43.8% |
| Recurring financial charges | 65 | €67 | €38 | -€30 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €45,911 | €124,863 | +€78,953 | +172% |
| Income taxes | 67/77 | €13,042 | €33,061 | +€20,019 | +153% |
| Profit (loss) for the period | 9904 | €32,869 | €91,802 | +€58,934 | +179% |
| Profit (loss) for the period to be appropriated | 9905 | €32,869 | €91,802 | +€58,934 | +179% |
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 15 October 2026 via checked.be.