DGS Finance: 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.
DGS Finance
Largest movements
- Receivables within one year -€63,764
down €63,764 (-52.7%), from €121,073 to €57,309
of which Other amounts receivable: -€54,171
- Cash +€63,325
up €63,325 (+33.2%), from €190,999 to €254,324
mainly Receivables within one year (+€63,764) and Debts after one year (+€20,557)
- Tangible fixed assets +€30,495
up €30,495 (+253%), from €12,041 to €42,536
of which Furniture and vehicles: +€30,702
- Debts after one year +€20,557
up €20,557 (+38.5%), from €53,407 to €73,965
of which Financial debts: +€20,557
- Current portion of long-term debt +€9,472
up €9,472 (+259%), from €3,661 to €13,133
- Profit (loss) carried forward +€7,829
up €7,829 (+3.1%), from €251,219 to €259,048
- Accrued charges and deferred income -€3,907
down €3,907 (-73.5%), from €5,317 to €1,410
- Financial income -€374,216
down €374,216 (-99.0%), from €377,861 to €3,645
of which Financial income: -€254,223
- Depreciation +€7,527
up €7,527 (+132%), from €5,713 to €13,239
- Gross operating margin -€3,207
down €3,207 (-8.9%), from €35,854 to €32,647
- Other operating charges +€2,254
up €2,254 (+274%), from €823 to €3,077
- Financial charges -€1,630
down €1,630 (-49.8%), from €3,272 to €1,642
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 | €350,469 | €380,607 | +€30,138 | +8.6% |
| Fixed assets | 21/28 | €13,631 | €44,126 | +€30,495 | +224% |
| Tangible fixed assets | 22/27 | €12,041 | €42,536 | +€30,495 | +253% |
| Plant, machinery and equipment | 23 | €777 | €570 | -€207 | -26.7% |
| Furniture and vehicles | 24 | €11,265 | €41,967 | +€30,702 | +273% |
| Financial fixed assets | 28 | €1,590 | €1,590 | = | 0.0% |
| Current assets | 29/58 | €336,838 | €336,481 | -€357 | -0.1% |
| Amounts receivable after more than one year | 29 | €22,500 | €22,500 | = | 0.0% |
| Other amounts receivable | 291 | €22,500 | €22,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €121,073 | €57,309 | -€63,764 | -52.7% |
| Trade receivables | 40 | €20,157 | €10,563 | -€9,594 | -47.6% |
| Other amounts receivable | 41 | €100,916 | €46,745 | -€54,171 | -53.7% |
| Cash at bank and in hand | 54/58 | €190,999 | €254,324 | +€63,325 | +33.2% |
| Deferred charges and accrued income | 490/1 | €2,266 | €2,348 | +€82 | +3.6% |
| Total equity and liabilities | 10/49 | €350,469 | €380,607 | +€30,138 | +8.6% |
| Equity | 10/15 | €265,479 | €273,308 | +€7,829 | +2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €251,219 | €259,048 | +€7,829 | +3.1% |
| Amounts payable | 17/49 | €84,990 | €107,299 | +€22,308 | +26.2% |
| Amounts payable after more than one year | 17 | €53,407 | €73,965 | +€20,557 | +38.5% |
| Financial debts | 170/4 | €3,407 | €23,965 | +€20,557 | +603% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,266 | €31,924 | +€5,658 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €3,661 | €13,133 | +€9,472 | +259% |
| Trade debts | 44 | €4,711 | €2,684 | -€2,027 | -43.0% |
| Suppliers | 440/4 | €4,711 | €2,684 | -€2,027 | -43.0% |
| Taxes, remuneration and social security | 45 | €3,435 | €4,355 | +€920 | +26.8% |
| Taxes | 450/3 | €3,435 | €4,355 | +€920 | +26.8% |
| Other amounts payable | 47/48 | €14,459 | €11,753 | -€2,706 | -18.7% |
| Accrued charges and deferred income | 492/3 | €5,317 | €1,410 | -€3,907 | -73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,713 | €13,239 | +€7,527 | +132% |
| Other operating charges | 640/8 | €823 | €3,077 | +€2,254 | +274% |
| Non-recurring operating charges | 66A | €267,134 | €5,166 | -€261,969 | -98.1% |
| Gross operating margin | 9900 | €35,854 | €32,647 | -€3,207 | -8.9% |
| Operating profit (loss) | 9901 | -€237,815 | €11,165 | +€248,981 | |
| Financial income | 75/76B | €377,861 | €3,645 | -€374,216 | -99.0% |
| Recurring financial income | 75 | €257,861 | €3,638 | -€254,223 | -98.6% |
| Non-recurring financial income | 76B | €120,000 | €8 | -€119,992 | -100.0% |
| Financial charges | 65/66B | €3,272 | €1,642 | -€1,630 | -49.8% |
| Recurring financial charges | 65 | €3,272 | €1,642 | -€1,630 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €136,774 | €13,169 | -€123,605 | -90.4% |
| Income taxes | 67/77 | €6,592 | €5,339 | -€1,253 | -19.0% |
| Profit (loss) for the period | 9904 | €130,181 | €7,829 | -€122,352 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130,181 | €7,829 | -€122,352 | -94.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.