DI-ES: 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.
DI-ES
Largest movements
- Tangible fixed assets -€34,951
down €34,951 (-11.3%), from €308,012 to €273,061
of which Land and buildings: -€25,731
- Cash +€7,399
up €7,399 (+74.4%), from €9,949 to €17,347
mainly Depreciation (+€48,776) and Accrued charges and deferred income (+€2,170)
- Tax, wage and social debts -€14,612
down €14,612 (-93.0%), from €15,717 to €1,105
of which Taxes: -€13,612
- Profit (loss) carried forward -€13,269
down €13,269 (-65.4%), from €20,295 to €7,026
- Gross operating margin -€31,126
down €31,126 (-38.5%), from €80,855 to €49,729
- Taxes -€5,524
down €5,524 (-90.1%), from €6,128 to €604
- Depreciation +€1,784
up €1,784 (+3.8%), from €46,992 to €48,776
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 | €334,532 | €308,222 | -€26,311 | -7.9% |
| Fixed assets | 21/28 | €308,012 | €273,061 | -€34,951 | -11.3% |
| Tangible fixed assets | 22/27 | €308,012 | €273,061 | -€34,951 | -11.3% |
| Land and buildings | 22 | €271,428 | €245,697 | -€25,731 | -9.5% |
| Plant, machinery and equipment | 23 | €4,126 | €3,441 | -€685 | -16.6% |
| Furniture and vehicles | 24 | €32,457 | €23,923 | -€8,534 | -26.3% |
| Current assets | 29/58 | €26,520 | €35,161 | +€8,641 | +32.6% |
| Amounts receivable within one year | 40/41 | €7,966 | €7,610 | -€356 | -4.5% |
| Trade receivables | 40 | €4,261 | €3,957 | -€304 | -7.1% |
| Other amounts receivable | 41 | €3,704 | €3,652 | -€52 | -1.4% |
| Cash at bank and in hand | 54/58 | €9,949 | €17,347 | +€7,399 | +74.4% |
| Deferred charges and accrued income | 490/1 | €8,606 | €10,204 | +€1,598 | +18.6% |
| Total equity and liabilities | 10/49 | €334,532 | €308,222 | -€26,311 | -7.9% |
| Equity | 10/15 | €241,046 | €227,778 | -€13,269 | -5.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €202,159 | €202,159 | = | 0.0% |
| Distributable reserves | 133 | €202,159 | €202,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,295 | €7,026 | -€13,269 | -65.4% |
| Amounts payable | 17/49 | €93,486 | €80,444 | -€13,042 | -14.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €88,418 | €73,206 | -€15,212 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €1,716 | €0 | -€1,716 | -100% |
| Trade debts | 44 | €34,803 | €34,645 | -€158 | -0.5% |
| Suppliers | 440/4 | €34,803 | €34,645 | -€158 | -0.5% |
| Taxes, remuneration and social security | 45 | €15,717 | €1,105 | -€14,612 | -93.0% |
| Taxes | 450/3 | €14,717 | €1,105 | -€13,612 | -92.5% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts payable | 47/48 | €36,183 | €37,457 | +€1,274 | +3.5% |
| Accrued charges and deferred income | 492/3 | €5,068 | €7,238 | +€2,170 | +42.8% |
| Non-recurring operating income | 76A | €2,056 | €0 | -€2,056 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,992 | €48,776 | +€1,784 | +3.8% |
| Other operating charges | 640/8 | €13,879 | €13,492 | -€387 | -2.8% |
| Non-recurring operating charges | 66A | €1,045 | €0 | -€1,045 | -100% |
| Gross operating margin | 9900 | €80,855 | €49,729 | -€31,126 | -38.5% |
| Operating profit (loss) | 9901 | €18,939 | -€12,539 | -€31,479 | |
| Financial income | 75/76B | €114 | €188 | +€74 | +64.7% |
| Recurring financial income | 75 | €114 | €188 | +€74 | +64.7% |
| Financial charges | 65/66B | €304 | €313 | +€9 | +2.8% |
| Recurring financial charges | 65 | €304 | €313 | +€9 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €18,749 | -€12,664 | -€31,413 | |
| Income taxes | 67/77 | €6,128 | €604 | -€5,524 | -90.1% |
| Profit (loss) for the period | 9904 | €12,621 | -€13,269 | -€25,890 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,621 | -€13,269 | -€25,890 |
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 19 October 2026 via checked.be.