DISA: 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.
DISA
Largest movements
- Tangible fixed assets -€36,112
down €36,112 (-4.0%), from €908,518 to €872,405
of which Land and buildings: -€36,112
- Cash -€16,464
down €16,464 (-55.2%), from €29,820 to €13,356
mainly Debts after one year (-€67,510) and Net result for the year (-€8,283)
- Debts after one year -€67,510
down €67,510 (-12.0%), from €561,670 to €494,159
of which Financial debts: -€54,279
- Other debts +€14,932
up €14,932 (+16.9%), from €88,446 to €103,379
- Gross operating margin +€6,021
up €6,021 (+10.0%), from €60,214 to €66,234
- Financial charges +€2,944
up €2,944 (+9.6%), from €30,577 to €33,521
- Depreciation -€1,887
down €1,887 (-5.0%), from €37,999 to €36,112
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 | €969,469 | €913,891 | -€55,578 | -5.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €908,818 | €872,705 | -€36,112 | -4.0% |
| Tangible fixed assets | 22/27 | €908,518 | €872,405 | -€36,112 | -4.0% |
| Land and buildings | 22 | €908,518 | €872,405 | -€36,112 | -4.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €60,652 | €41,186 | -€19,466 | -32.1% |
| Amounts receivable within one year | 40/41 | €30,832 | €27,830 | -€3,002 | -9.7% |
| Trade receivables | 40 | €30,832 | €27,830 | -€3,002 | -9.7% |
| Cash at bank and in hand | 54/58 | €29,820 | €13,356 | -€16,464 | -55.2% |
| Total equity and liabilities | 10/49 | €969,469 | €913,891 | -€55,578 | -5.7% |
| Equity | 10/15 | €239,597 | €231,313 | -€8,283 | -3.5% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €64,597 | €56,534 | -€8,063 | -12.5% |
| Distributable reserves | 133 | €64,597 | €56,534 | -€8,063 | -12.5% |
| Profit (loss) carried forward | 14 | - | -€220 | -€220 | |
| Amounts payable | 17/49 | €729,873 | €682,578 | -€47,295 | -6.5% |
| Amounts payable after more than one year | 17 | €561,670 | €494,159 | -€67,510 | -12.0% |
| Financial debts | 170/4 | €308,842 | €254,563 | -€54,279 | -17.6% |
| Other amounts payable | 178/9 | €252,828 | €239,597 | -€13,231 | -5.2% |
| Amounts payable within one year | 42/48 | €159,142 | €174,967 | +€15,825 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €52,471 | €54,279 | +€1,808 | +3.4% |
| Trade debts | 44 | €7,392 | €3,668 | -€3,724 | -50.4% |
| Suppliers | 440/4 | €7,392 | €3,668 | -€3,724 | -50.4% |
| Taxes, remuneration and social security | 45 | €10,833 | €13,641 | +€2,808 | +25.9% |
| Taxes | 450/3 | €10,833 | €13,641 | +€2,808 | +25.9% |
| Other amounts payable | 47/48 | €88,446 | €103,379 | +€14,932 | +16.9% |
| Accrued charges and deferred income | 492/3 | €9,061 | €13,451 | +€4,390 | +48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,999 | €36,112 | -€1,887 | -5.0% |
| Other operating charges | 640/8 | €4,087 | €4,238 | +€151 | +3.7% |
| Gross operating margin | 9900 | €60,214 | €66,234 | +€6,021 | +10.0% |
| Operating profit (loss) | 9901 | €18,128 | €25,884 | +€7,756 | +42.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €30,577 | €33,521 | +€2,944 | +9.6% |
| Recurring financial charges | 65 | €30,577 | €33,521 | +€2,944 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,449 | -€7,638 | +€4,812 | +38.7% |
| Income taxes | 67/77 | €782 | €646 | -€136 | -17.4% |
| Profit (loss) for the period | 9904 | -€13,231 | -€8,283 | +€4,948 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,231 | -€8,283 | +€4,948 | +37.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.