DICOVER: 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.
DICOVER
Largest movements
- Receivables within one year +€11,851
up €11,851 (+30.0%), from €39,564 to €51,416
of which Trade receivables: +€12,485
- Cash -€5,075
down €5,075 (-8.5%), from €59,948 to €54,874
mainly Debts after one year (-€12,494) and Receivables within one year (-€11,851)
- Tangible fixed assets -€2,515
down €2,515 (-6.0%), from €42,232 to €39,717
of which Furniture and vehicles: -€4,088
- Reserves +€24,392
up €24,392 (+29.8%), from €81,765 to €106,158
- Debts after one year -€12,494
down €12,494 (-77.1%), from €16,210 to €3,716
- Trade debts -€7,944
down €7,944 (-94.1%), from €8,443 to €499
- Tax, wage and social debts +€1,818
up €1,818 (+21.0%), from €8,654 to €10,472
of which Taxes: +€1,818
- Gross operating margin -€15,845
down €15,845 (-20.1%), from €78,944 to €63,098
- Staff costs -€10,992
down €10,992 (-94.4%), from €11,645 to €653
- Financial charges -€9,114
down €9,114 (-67.6%), from €13,481 to €4,367
of which Non-recurring financial charges: -€10,244
- Write-downs +€1,218
new in 2025: €1,218
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 | €147,955 | €152,875 | +€4,920 | +3.3% |
| Fixed assets | 21/28 | €42,232 | €39,717 | -€2,515 | -6.0% |
| Tangible fixed assets | 22/27 | €42,232 | €39,717 | -€2,515 | -6.0% |
| Plant, machinery and equipment | 23 | €9,376 | €8,299 | -€1,077 | -11.5% |
| Furniture and vehicles | 24 | €12,111 | €8,024 | -€4,088 | -33.8% |
| Leasing and similar rights | 25 | €20,744 | €18,394 | -€2,350 | -11.3% |
| Assets under construction and advance payments | 27 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €105,723 | €113,158 | +€7,435 | +7.0% |
| Amounts receivable within one year | 40/41 | €39,564 | €51,416 | +€11,851 | +30.0% |
| Trade receivables | 40 | €38,676 | €51,161 | +€12,485 | +32.3% |
| Other amounts receivable | 41 | €888 | €254 | -€634 | -71.3% |
| Cash at bank and in hand | 54/58 | €59,948 | €54,874 | -€5,075 | -8.5% |
| Deferred charges and accrued income | 490/1 | €6,210 | €6,868 | +€658 | +10.6% |
| Total equity and liabilities | 10/49 | €147,955 | €152,875 | +€4,920 | +3.3% |
| Equity | 10/15 | €100,365 | €124,758 | +€24,392 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,765 | €106,158 | +€24,392 | +29.8% |
| Distributable reserves | 133 | €81,765 | €106,158 | +€24,392 | +29.8% |
| Amounts payable | 17/49 | €47,589 | €28,117 | -€19,472 | -40.9% |
| Amounts payable after more than one year | 17 | €16,210 | €3,716 | -€12,494 | -77.1% |
| Financial debts | 170/4 | €16,210 | €3,716 | -€12,494 | -77.1% |
| Amounts payable within one year | 42/48 | €30,598 | €24,401 | -€6,197 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €12,366 | €12,494 | +€129 | +1.0% |
| Trade debts | 44 | €8,443 | €499 | -€7,944 | -94.1% |
| Suppliers | 440/4 | €8,443 | €499 | -€7,944 | -94.1% |
| Taxes, remuneration and social security | 45 | €8,654 | €10,472 | +€1,818 | +21.0% |
| Taxes | 450/3 | €6,314 | €8,132 | +€1,818 | +28.8% |
| Remuneration and social security | 454/9 | €2,340 | €2,340 | = | 0.0% |
| Other amounts payable | 47/48 | €1,136 | €935 | -€200 | -17.6% |
| Accrued charges and deferred income | 492/3 | €781 | - | -€781 | |
| Non-recurring operating income | 76A | €1,475 | - | -€1,475 | |
| Remuneration, social security and pensions | 62 | €11,645 | €653 | -€10,992 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,103 | €8,616 | +€512 | +6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,218 | +€1,218 | |
| Other operating charges | 640/8 | €599 | €458 | -€142 | -23.7% |
| Gross operating margin | 9900 | €78,944 | €63,098 | -€15,845 | -20.1% |
| Operating profit (loss) | 9901 | €58,596 | €52,155 | -€6,442 | -11.0% |
| Financial income | 75/76B | €193 | €259 | +€67 | +34.5% |
| Recurring financial income | 75 | €193 | €259 | +€67 | +34.5% |
| Financial charges | 65/66B | €13,481 | €4,367 | -€9,114 | -67.6% |
| Recurring financial charges | 65 | €3,237 | €4,367 | +€1,130 | +34.9% |
| Non-recurring financial charges | 66B | €10,244 | - | -€10,244 | |
| Profit (loss) for the period before taxes | 9903 | €45,308 | €48,047 | +€2,739 | +6.0% |
| Income taxes | 67/77 | €13,576 | €13,886 | +€309 | +2.3% |
| Profit (loss) for the period | 9904 | €31,731 | €34,161 | +€2,430 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,731 | €34,161 | +€2,430 | +7.7% |
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.