DILSHAAN: 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.
DILSHAAN
Largest movements
- Tangible fixed assets +€270,108
new in 2025: €270,108
- Formation expenses +€60,148
new in 2025: €60,148
- Cash -€26,574
down €26,574 (-91.7%), from €28,967 to €2,393
mainly Investment in fixed assets (net) (-€335,148) and Stocks and contracts (-€7,385)
- Stocks and contracts +€7,385
new in 2025: €7,385
- Intangible fixed assets -€5,000
down €5,000 (-13.4%), from €37,452 to €32,452
- Debts after one year +€243,737
new in 2025: €243,737
- Other debts +€41,940
up €41,940 (+231.4%), from €18,127 to €60,067
- Tax, wage and social debts +€18,988
up €18,988 (+131.9%), from €14,400 to €33,388
of which Taxes: +€13,441
- Turnover -€59,520
down €59,520 (-43.5%), from €136,672 to €77,152
- Gross operating margin -€37,134
down €37,134 (-47.6%), from €78,093 to €40,959
- Purchases and services -€22,386
down €22,386 (-38.2%), from €58,579 to €36,193
- Staff costs -€10,264
down €10,264 (-28.6%), from €35,837 to €25,573
- Financial charges +€5,745
up €5,745 (+7272.2%), from €79 to €5,824
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 | €100,074 | €402,748 | +€302,674 | +302.5% |
| Formation expenses | 20 | - | €60,148 | +€60,148 | |
| Fixed assets | 21/28 | €45,802 | €310,910 | +€265,108 | +578.8% |
| Intangible fixed assets | 21 | €37,452 | €32,452 | -€5,000 | -13.4% |
| Tangible fixed assets | 22/27 | - | €270,108 | +€270,108 | |
| Land and buildings | 22 | - | €270,108 | +€270,108 | |
| Financial fixed assets | 28 | €8,350 | €8,350 | = | 0.0% |
| Current assets | 29/58 | €54,272 | €31,690 | -€22,582 | -41.6% |
| Stocks and contracts in progress | 3 | - | €7,385 | +€7,385 | |
| Stocks | 30/36 | - | €7,385 | +€7,385 | |
| Amounts receivable within one year | 40/41 | €25,305 | €21,912 | -€3,393 | -13.4% |
| Trade receivables | 40 | €25,305 | €21,912 | -€3,393 | -13.4% |
| Cash at bank and in hand | 54/58 | €28,967 | €2,393 | -€26,574 | -91.7% |
| Total equity and liabilities | 10/49 | €100,074 | €402,748 | +€302,674 | +302.5% |
| Equity | 10/15 | €65,592 | €65,262 | -€330 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,421 | €1,421 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,421 | €1,421 | = | 0.0% |
| Legal reserve | 130 | €1,421 | - | -€1,421 | |
| Reserves not available under the articles | 1311 | - | €1,421 | +€1,421 | |
| Profit (loss) carried forward | 14 | €57,971 | €57,641 | -€330 | -0.6% |
| Amounts payable | 17/49 | €34,482 | €337,486 | +€303,004 | +878.7% |
| Amounts payable after more than one year | 17 | - | €243,737 | +€243,737 | |
| Financial debts | 170/4 | - | €243,737 | +€243,737 | |
| Amounts payable within one year | 42/48 | €34,482 | €93,749 | +€59,267 | +171.9% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €1,955 | €288 | -€1,667 | -85.3% |
| Suppliers | 440/4 | €1,955 | €288 | -€1,667 | -85.3% |
| Taxes, remuneration and social security | 45 | €14,400 | €33,388 | +€18,988 | +131.9% |
| Taxes | 450/3 | €14,347 | €27,788 | +€13,441 | +93.7% |
| Remuneration and social security | 454/9 | €53 | €5,600 | +€5,547 | +10466.0% |
| Other amounts payable | 47/48 | €18,127 | €60,067 | +€41,940 | +231.4% |
| Turnover | 70 | €136,672 | €77,152 | -€59,520 | -43.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,579 | €36,193 | -€22,386 | -38.2% |
| Remuneration, social security and pensions | 62 | €35,837 | €25,573 | -€10,264 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €9,892 | +€4,892 | +97.8% |
| Other operating charges | 640/8 | €250 | - | -€250 | |
| Gross operating margin | 9900 | €78,093 | €40,959 | -€37,134 | -47.6% |
| Operating profit (loss) | 9901 | €37,006 | €5,494 | -€31,512 | -85.2% |
| Financial charges | 65/66B | €79 | €5,824 | +€5,745 | +7272.2% |
| Recurring financial charges | 65 | €79 | €5,824 | +€5,745 | +7272.2% |
| Profit (loss) for the period before taxes | 9903 | €36,927 | -€330 | -€37,257 | |
| Profit (loss) for the period | 9904 | €36,927 | -€330 | -€37,257 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,927 | -€330 | -€37,257 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.