DIS - 3 - BUTION: 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.
What changed
DIS - 3 - BUTION
NACE 90.393, Specialised image, lighting and sound technical services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€60,753
2024 · €600,683-€539,930
Equity
€13.7m
2024 · €13.7m+€60,753
Cash
€1.2m
2024 · €56,918+€1.2m
Balance sheet total
€24.2m
2024 · €25.8m-€1.6m
Largest movements
Assets
- Stocks and contracts -€1.5m
down €1.5m (-100%), from €1.5m to €0
- Cash +€1.2m
up €1.2m (+2,068%), from €56,918 to €1.2m
mainly Depreciation (+€4.0m) and Stocks and contracts (+€1.5m)
- Receivables within one year -€1.1m
down €1.1m (-14.5%), from €7.3m to €6.2m
of which Trade receivables: -€1.2m
Equity and liabilities
- Debts after one year -€1.7m
down €1.7m (-53.0%), from €3.2m to €1.5m
- Trade debts -€734,557
down €734,557 (-11.6%), from €6.3m to €5.6m
- Other debts +€342,288
up €342,288 (+47.7%), from €718,089 to €1.1m
Income statement
- Gross operating margin +€1.1m
up €1.1m (+24.1%), from €4.4m to €5.5m
- Depreciation +€447,110
up €447,110 (+12.5%), from €3.6m to €4.0m
- Financial income -€167,022
down €167,022 (-44.4%), from €376,328 to €209,306
- Provisions -€126,627
down €126,627 (-100%), from €126,627 to €0
- Write-downs +€105,577
up €105,577 (+142%), from €74,166 to €179,744
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.
Result 2024
€600,683
Gross operating margin
+€1.1m
Depreciation
-€447,110
Write-downs
-€105,577
Provisions
+€126,627
Other operating charges
-€1,691
Other operating items
-€1.0m
Financial income
-€167,022
Financial charges
+€13,221
Taxes
-€30,114
Result 2025
€60,753
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€6.4m
Investment
-€3.8m
Financing
-€1.4m
Cash 2024
€56,918
From operations (derived)
+€6.4m
Net result for the year
+€60,753
Depreciation
+€4.0m
Stocks and contracts
+€1.5m
Receivables within one year
+€1.1m
Deferred charges and accrued income
+€5,306
Trade debts
-€734,557
Tax, wage and social debts
+€100,358
Other debts
+€342,288
Accrued charges and deferred income
-€15,333
Investment (derived)
-€3.8m
Investment in fixed assets (net)
-€3.8m
Financing
-€1.4m
Debts after one year
-€1.7m
Current portion of long-term debt
+€51,795
Short-term financial debts
+€250,000
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,788,271 | €24,170,178 | -€1.6m | -6.3% |
| Fixed assets | 21/28 | €16,847,567 | €16,661,616 | -€185,952 | -1.1% |
| Intangible fixed assets | 21 | €320,389 | €240,180 | -€80,209 | -25.0% |
| Tangible fixed assets | 22/27 | €15,988,606 | €15,882,863 | -€105,743 | -0.7% |
| Land and buildings | 22 | €9,895,899 | €9,758,076 | -€137,823 | -1.4% |
| Plant, machinery and equipment | 23 | €5,791,910 | €5,869,480 | +€77,570 | +1.3% |
| Furniture and vehicles | 24 | €260,463 | €218,149 | -€42,314 | -16.2% |
| Other tangible fixed assets | 26 | €39,032 | €35,856 | -€3,176 | -8.1% |
| Assets under construction and advance payments | 27 | €1,302 | €1,302 | = | 0.0% |
| Financial fixed assets | 28 | €538,573 | €538,573 | = | 0.0% |
| Current assets | 29/58 | €8,940,704 | €7,508,562 | -€1.4m | -16.0% |
| Stocks and contracts in progress | 3 | €1,543,080 | €0 | -€1.5m | -100% |
| Stocks | 30/36 | €1,543,080 | €0 | -€1.5m | -100% |
| Amounts receivable within one year | 40/41 | €7,310,563 | €6,249,575 | -€1.1m | -14.5% |
| Trade receivables | 40 | €2,787,565 | €1,633,797 | -€1.2m | -41.4% |
| Other amounts receivable | 41 | €4,522,998 | €4,615,777 | +€92,779 | +2.1% |
| Cash at bank and in hand | 54/58 | €56,918 | €1,234,151 | +€1.2m | +2,068% |
| Deferred charges and accrued income | 490/1 | €30,142 | €24,836 | -€5,306 | -17.6% |
| Total equity and liabilities | 10/49 | €25,788,271 | €24,170,178 | -€1.6m | -6.3% |
| Equity | 10/15 | €13,684,713 | €13,745,466 | +€60,753 | +0.4% |
| Contributions | 10/11 | €756,075 | €756,075 | = | 0.0% |
| Capital | 10 | €756,075 | €756,075 | = | 0.0% |
| Issued capital | 100 | €756,075 | €756,075 | = | 0.0% |
| Revaluation surpluses | 12 | €5,311,699 | €5,248,020 | -€63,679 | -1.2% |
| Reserves | 13 | €4,455,808 | €4,519,487 | +€63,679 | +1.4% |
| Non-distributable reserves | 130/1 | €75,608 | €75,608 | = | 0.0% |
| Legal reserve | 130 | €75,608 | €75,608 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,192,572 | €4,192,572 | = | 0.0% |
| Distributable reserves | 133 | €187,629 | €251,308 | +€63,679 | +33.9% |
| Profit (loss) carried forward | 14 | €3,161,131 | €3,221,884 | +€60,753 | +1.9% |
| Provisions and deferred taxes | 16 | €176,627 | €176,627 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €176,627 | €176,627 | = | 0.0% |
| Other liabilities and charges | 164/5 | €176,627 | €176,627 | = | 0.0% |
| Amounts payable | 17/49 | €11,926,931 | €10,248,085 | -€1.7m | -14.1% |
| Amounts payable after more than one year | 17 | €3,159,465 | €1,486,067 | -€1.7m | -53.0% |
| Financial debts | 170/4 | €3,159,465 | €1,486,067 | -€1.7m | -53.0% |
| Amounts payable within one year | 42/48 | €8,662,811 | €8,672,695 | +€9,885 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €1,621,603 | €1,673,398 | +€51,795 | +3.2% |
| Financial debts | 43 | - | €250,000 | +€250,000 | |
| Credit institutions | 430/8 | - | €250,000 | +€250,000 | |
| Trade debts | 44 | €6,315,908 | €5,581,351 | -€734,557 | -11.6% |
| Suppliers | 440/4 | €6,315,908 | €5,581,351 | -€734,557 | -11.6% |
| Taxes, remuneration and social security | 45 | €7,212 | €107,570 | +€100,358 | +1,392% |
| Taxes | 450/3 | €7,212 | €107,570 | +€100,358 | +1,392% |
| Other amounts payable | 47/48 | €718,089 | €1,060,377 | +€342,288 | +47.7% |
| Accrued charges and deferred income | 492/3 | €104,656 | €89,322 | -€15,333 | -14.7% |
| Non-recurring operating income | 76A | €13,403 | €1,469,706 | +€1.5m | +10,865% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,567,490 | €4,014,600 | +€447,110 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €74,166 | €179,744 | +€105,577 | +142% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €126,627 | €0 | -€126,627 | -100% |
| Other operating charges | 640/8 | €60,106 | €61,798 | +€1,691 | +2.8% |
| Non-recurring operating charges | 66A | €107,168 | €1,107,422 | +€1.0m | +933% |
| Gross operating margin | 9900 | €4,443,011 | €5,515,002 | +€1.1m | +24.1% |
| Operating profit (loss) | 9901 | €507,454 | €151,439 | -€356,015 | -70.2% |
| Financial income | 75/76B | €376,328 | €209,306 | -€167,022 | -44.4% |
| Recurring financial income | 75 | €376,328 | €209,306 | -€167,022 | -44.4% |
| Financial charges | 65/66B | €257,514 | €244,294 | -€13,221 | -5.1% |
| Recurring financial charges | 65 | €257,514 | €244,294 | -€13,221 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €626,267 | €116,451 | -€509,816 | -81.4% |
| Income taxes | 67/77 | €25,584 | €55,698 | +€30,114 | +118% |
| Profit (loss) for the period | 9904 | €600,683 | €60,753 | -€539,930 | -89.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €600,683 | €60,753 | -€539,930 | -89.9% |
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 24 October 2026 via checked.be.