DEFINITIV COMMUNICATION SERVICES: what changed
Two fiscal 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.
DEFINITIV COMMUNICATION SERVICES
Largest movements
- Tangible fixed assets -€359,605
down €359,605 (-50.4%), from €714,174 to €354,569
of which Land and buildings: -€425,645
- Cash +€205,986
up €205,986 (+709.4%), from €29,038 to €235,024
mainly Investment in fixed assets (net) (+€298,006) and Net result for the year (+€117,744)
- Receivables within one year +€42,945
up €42,945 (+215.5%), from €19,929 to €62,874
of which Other amounts receivable: +€50,000
- Deferred charges and accrued income +€11,053
up €11,053 (+342.2%), from €3,230 to €14,283
- Other debts -€99,376
down €99,376 (-49.7%), from €199,801 to €100,425
- Profit (loss) carried forward +€67,744
up €67,744 (+25.1%), from €270,272 to €338,016
- Debts after one year -€61,587
down €61,587 (-39.4%), from €156,288 to €94,702
- Reserves +€50,000
up €50,000 (+2689.3%), from €1,859 to €51,859
of which Distributable reserves: +€50,000
- Current portion of long-term debt -€34,111
down €34,111 (-36.9%), from €92,402 to €58,291
- Gross operating margin +€105,244
up €105,244 (+74.8%), from €140,714 to €245,958
- Taxes +€34,313
up €34,313 (+265.5%), from €12,926 to €47,239
- Depreciation -€11,041
down €11,041 (-15.2%), from €72,640 to €61,599
- Financial charges -€6,114
down €6,114 (-32.5%), from €18,839 to €12,725
- Financial income +€4,478
up €4,478 (+22391500.0%), from €0 to €4,478
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 | €788,515 | €681,560 | -€106,955 | -13.6% |
| Fixed assets | 21/28 | €714,317 | €354,711 | -€359,605 | -50.3% |
| Tangible fixed assets | 22/27 | €714,174 | €354,569 | -€359,605 | -50.4% |
| Land and buildings | 22 | €664,834 | €239,189 | -€425,645 | -64.0% |
| Plant, machinery and equipment | 23 | €6,851 | €22,508 | +€15,656 | +228.5% |
| Furniture and vehicles | 24 | €42,489 | €63,497 | +€21,009 | +49.4% |
| Assets under construction and advance payments | 27 | - | €29,375 | +€29,375 | |
| Financial fixed assets | 28 | €142 | €142 | = | 0.0% |
| Current assets | 29/58 | €74,198 | €326,848 | +€252,650 | +340.5% |
| Stocks and contracts in progress | 3 | €22,001 | €14,667 | -€7,334 | -33.3% |
| Stocks | 30/36 | €22,001 | €14,667 | -€7,334 | -33.3% |
| Amounts receivable within one year | 40/41 | €19,929 | €62,874 | +€42,945 | +215.5% |
| Trade receivables | 40 | €19,929 | €12,874 | -€7,055 | -35.4% |
| Other amounts receivable | 41 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €29,038 | €235,024 | +€205,986 | +709.4% |
| Deferred charges and accrued income | 490/1 | €3,230 | €14,283 | +€11,053 | +342.2% |
| Total equity and liabilities | 10/49 | €788,515 | €681,560 | -€106,955 | -13.6% |
| Equity | 10/15 | €290,724 | €408,467 | +€117,744 | +40.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €51,859 | +€50,000 | +2689.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | - | €50,000 | +€50,000 | |
| Profit (loss) carried forward | 14 | €270,272 | €338,016 | +€67,744 | +25.1% |
| Amounts payable | 17/49 | €497,791 | €273,092 | -€224,699 | -45.1% |
| Amounts payable after more than one year | 17 | €156,288 | €94,702 | -€61,587 | -39.4% |
| Financial debts | 170/4 | €156,288 | €94,702 | -€61,587 | -39.4% |
| Amounts payable within one year | 42/48 | €327,285 | €171,554 | -€155,730 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €92,402 | €58,291 | -€34,111 | -36.9% |
| Trade debts | 44 | €10,213 | €8,421 | -€1,792 | -17.5% |
| Suppliers | 440/4 | €10,213 | €8,421 | -€1,792 | -17.5% |
| Advances received on contracts in progress | 46 | €250 | - | -€250 | |
| Taxes, remuneration and social security | 45 | €24,619 | €4,417 | -€20,202 | -82.1% |
| Taxes | 450/3 | €24,619 | €4,417 | -€20,202 | -82.1% |
| Other amounts payable | 47/48 | €199,801 | €100,425 | -€99,376 | -49.7% |
| Accrued charges and deferred income | 492/3 | €14,218 | €6,836 | -€7,382 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,640 | €61,599 | -€11,041 | -15.2% |
| Other operating charges | 640/8 | €12,907 | €11,129 | -€1,778 | -13.8% |
| Gross operating margin | 9900 | €140,714 | €245,958 | +€105,244 | +74.8% |
| Operating profit (loss) | 9901 | €55,167 | €173,230 | +€118,062 | +214.0% |
| Financial income | 75/76B | €0 | €4,478 | +€4,478 | +22391500.0% |
| Recurring financial income | 75 | €0 | €4,478 | +€4,478 | +22391500.0% |
| Financial charges | 65/66B | €18,839 | €12,725 | -€6,114 | -32.5% |
| Recurring financial charges | 65 | €18,839 | €12,725 | -€6,114 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €36,328 | €164,983 | +€128,655 | +354.1% |
| Income taxes | 67/77 | €12,926 | €47,239 | +€34,313 | +265.5% |
| Profit (loss) for the period | 9904 | €23,402 | €117,744 | +€94,342 | +403.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,402 | €117,744 | +€94,342 | +403.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.