Dis Donc: 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.
Dis Donc
Largest movements
- Tangible fixed assets +€102,886
up €102,886 (+26.1%), from €394,080 to €496,966
of which Assets under construction and advance payments: +€128,000
- Cash -€50,232
down €50,232 (-13.1%), from €383,829 to €333,597
mainly Investment in fixed assets (net) (-€151,500) and Receivables within one year (-€31,455)
- Receivables within one year +€31,455
up €31,455 (+153%), from €20,514 to €51,969
of which Trade receivables: +€31,455
- Financial fixed assets +€23,500
up €23,500 (+14.9%), from €158,007 to €181,507
- Reserves +€128,000
up €128,000 (+24.5%), from €521,510 to €649,510
of which Distributable reserves: +€128,000
- Current portion of long-term debt +€21,620
up €21,620 (+115%), from €18,738 to €40,358
- Debts after one year -€21,348
down €21,348 (-9.6%), from €221,552 to €200,203
- Tax, wage and social debts -€11,227
down €11,227 (-7.2%), from €156,012 to €144,785
- Gross operating margin -€28,332
down €28,332 (-11.5%), from €246,650 to €218,318
- Taxes -€9,709
down €9,709 (-13.9%), from €69,603 to €59,894
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 | €979,330 | €1,086,940 | +€107,610 | +11.0% |
| Fixed assets | 21/28 | €552,087 | €678,473 | +€126,386 | +22.9% |
| Tangible fixed assets | 22/27 | €394,080 | €496,966 | +€102,886 | +26.1% |
| Land and buildings | 22 | €379,163 | €357,114 | -€22,048 | -5.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,782 | €717 | -€3,065 | -81.0% |
| Other tangible fixed assets | 26 | €11,135 | €11,135 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €128,000 | +€128,000 | |
| Financial fixed assets | 28 | €158,007 | €181,507 | +€23,500 | +14.9% |
| Current assets | 29/58 | €427,243 | €408,467 | -€18,776 | -4.4% |
| Amounts receivable within one year | 40/41 | €20,514 | €51,969 | +€31,455 | +153% |
| Trade receivables | 40 | €20,505 | €51,960 | +€31,455 | +153% |
| Other amounts receivable | 41 | €9 | €9 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €383,829 | €333,597 | -€50,232 | -13.1% |
| Deferred charges and accrued income | 490/1 | €22,901 | €22,901 | = | 0.0% |
| Total equity and liabilities | 10/49 | €979,330 | €1,086,940 | +€107,610 | +11.0% |
| Equity | 10/15 | €534,713 | €662,939 | +€128,225 | +24.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €521,510 | €649,510 | +€128,000 | +24.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €519,650 | €647,650 | +€128,000 | +24.6% |
| Profit (loss) carried forward | 14 | €803 | €1,029 | +€225 | +28.1% |
| Amounts payable | 17/49 | €444,617 | €424,002 | -€20,616 | -4.6% |
| Amounts payable after more than one year | 17 | €221,552 | €200,203 | -€21,348 | -9.6% |
| Financial debts | 170/4 | €221,552 | €200,203 | -€21,348 | -9.6% |
| Amounts payable within one year | 42/48 | €223,066 | €223,798 | +€733 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €18,738 | €40,358 | +€21,620 | +115% |
| Trade debts | 44 | €46,453 | €36,682 | -€9,770 | -21.0% |
| Suppliers | 440/4 | €46,453 | €36,682 | -€9,770 | -21.0% |
| Taxes, remuneration and social security | 45 | €156,012 | €144,785 | -€11,227 | -7.2% |
| Taxes | 450/3 | €156,012 | €144,785 | -€11,227 | -7.2% |
| Other amounts payable | 47/48 | €1,863 | €1,973 | +€110 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,252 | €25,114 | -€139 | -0.5% |
| Other operating charges | 640/8 | €2,326 | €1,753 | -€573 | -24.7% |
| Gross operating margin | 9900 | €246,650 | €218,318 | -€28,332 | -11.5% |
| Operating profit (loss) | 9901 | €219,071 | €191,452 | -€27,620 | -12.6% |
| Financial charges | 65/66B | €2,102 | €3,332 | +€1,230 | +58.5% |
| Recurring financial charges | 65 | €2,102 | €3,332 | +€1,230 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €216,970 | €188,119 | -€28,850 | -13.3% |
| Income taxes | 67/77 | €69,603 | €59,894 | -€9,709 | -13.9% |
| Profit (loss) for the period | 9904 | €147,366 | €128,225 | -€19,141 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €147,366 | €128,225 | -€19,141 | -13.0% |
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 22 October 2026 via checked.be.