DISANT: 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.
DISANT
Largest movements
- Stocks and contracts +€64,186
up €64,186 (+27.4%), from €233,932 to €298,119
- Cash +€27,274
up €27,274 (+17.3%), from €157,839 to €185,113
mainly Net result for the year (+€97,641) and Other debts (+€20,536)
- Tangible fixed assets +€13,002
up €13,002 (+35.1%), from €37,071 to €50,073
of which Other tangible fixed assets: +€20,459
- Receivables within one year +€9,330
new in 2025: €9,330
- Intangible fixed assets -€5,600
down €5,600 (-80.4%), from €6,965 to €1,365
- Reserves +€96,808
up €96,808 (+50.6%), from €191,276 to €288,085
of which Distributable reserves: +€96,808
- Other debts +€20,536
up €20,536 (+81.6%), from €25,176 to €45,712
- Tax, wage and social debts -€8,999
down €8,999 (-15.7%), from €57,276 to €48,277
- Other operating charges -€20,710
down €20,710 (-93.7%), from €22,098 to €1,388
- Taxes +€7,498
up €7,498 (+18.4%), from €40,719 to €48,218
- Gross operating margin +€5,974
up €5,974 (+3.7%), from €160,007 to €165,981
- Depreciation +€1,966
up €1,966 (+12.6%), from €15,550 to €17,517
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 | €445,467 | €555,560 | +€110,093 | +24.7% |
| Fixed assets | 21/28 | €52,886 | €60,288 | +€7,402 | +14.0% |
| Intangible fixed assets | 21 | €6,965 | €1,365 | -€5,600 | -80.4% |
| Tangible fixed assets | 22/27 | €37,071 | €50,073 | +€13,002 | +35.1% |
| Land and buildings | 22 | €17,741 | €15,206 | -€2,534 | -14.3% |
| Plant, machinery and equipment | 23 | €10,794 | €6,175 | -€4,619 | -42.8% |
| Furniture and vehicles | 24 | €3,617 | €3,314 | -€303 | -8.4% |
| Other tangible fixed assets | 26 | €4,918 | €25,377 | +€20,459 | +416.0% |
| Financial fixed assets | 28 | €8,850 | €8,850 | = | 0.0% |
| Current assets | 29/58 | €392,581 | €495,272 | +€102,691 | +26.2% |
| Stocks and contracts in progress | 3 | €233,932 | €298,119 | +€64,186 | +27.4% |
| Stocks | 30/36 | €233,932 | €298,119 | +€64,186 | +27.4% |
| Amounts receivable within one year | 40/41 | - | €9,330 | +€9,330 | |
| Trade receivables | 40 | - | €9,330 | +€9,330 | |
| Cash at bank and in hand | 54/58 | €157,839 | €185,113 | +€27,274 | +17.3% |
| Deferred charges and accrued income | 490/1 | €809 | €2,710 | +€1,900 | +234.8% |
| Total equity and liabilities | 10/49 | €445,467 | €555,560 | +€110,093 | +24.7% |
| Equity | 10/15 | €361,201 | €458,009 | +€96,808 | +26.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €191,276 | €288,085 | +€96,808 | +50.6% |
| Tax-exempt reserves | 132 | €3,800 | €3,800 | = | 0.0% |
| Distributable reserves | 133 | €187,476 | €284,285 | +€96,808 | +51.6% |
| Profit (loss) carried forward | 14 | €163,725 | €163,725 | = | 0.0% |
| Amounts payable | 17/49 | €84,265 | €97,550 | +€13,285 | +15.8% |
| Amounts payable within one year | 42/48 | €84,265 | €97,550 | +€13,285 | +15.8% |
| Trade debts | 44 | €1,813 | €3,561 | +€1,748 | +96.4% |
| Suppliers | 440/4 | €1,813 | €3,561 | +€1,748 | +96.4% |
| Taxes, remuneration and social security | 45 | €57,276 | €48,277 | -€8,999 | -15.7% |
| Taxes | 450/3 | €57,276 | €48,277 | -€8,999 | -15.7% |
| Other amounts payable | 47/48 | €25,176 | €45,712 | +€20,536 | +81.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,550 | €17,517 | +€1,966 | +12.6% |
| Other operating charges | 640/8 | €22,098 | €1,388 | -€20,710 | -93.7% |
| Gross operating margin | 9900 | €160,007 | €165,981 | +€5,974 | +3.7% |
| Operating profit (loss) | 9901 | €122,359 | €147,076 | +€24,718 | +20.2% |
| Financial income | 75/76B | €44 | €9 | -€35 | -80.4% |
| Recurring financial income | 75 | €44 | €9 | -€35 | -80.4% |
| Financial charges | 65/66B | €1,488 | €1,226 | -€261 | -17.6% |
| Recurring financial charges | 65 | €1,488 | €1,226 | -€261 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €120,915 | €145,859 | +€24,944 | +20.6% |
| Income taxes | 67/77 | €40,719 | €48,218 | +€7,498 | +18.4% |
| Profit (loss) for the period | 9904 | €80,195 | €97,641 | +€17,446 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,195 | €97,641 | +€17,446 | +21.8% |
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 9 October 2026 via checked.be.