DISBEL: 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.
DISBEL
Largest movements
- Receivables within one year -€13,136
down €13,136 (-73.2%), from €17,944 to €4,807
of which Trade receivables: -€13,683
- Cash +€549
new in 2025: €549
mainly Net result for the year (+€31,652) and Receivables within one year (+€13,136)
- Other debts -€41,881
down €41,881 (-14.3%), from €292,513 to €250,632
- Profit (loss) carried forward +€31,652
up €31,652 (+11.2%), from -€283,177 to -€251,525
- Trade debts -€946
down €946 (-79.9%), from €1,184 to €237
- Tax, wage and social debts -€901
no longer reported in 2025 (was €901)
- Short-term financial debts -€623
no longer reported in 2025 (was €623)
- Gross operating margin +€31,923
up €31,923 (+197.9%), from €16,129 to €48,052
- Write-downs +€16,772
new in 2025: €16,772
- Other operating charges -€12,595
down €12,595 (-99.2%), from €12,694 to €99
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 | €18,243 | €5,544 | -€12,698 | -69.6% |
| Current assets | 29/58 | €18,243 | €5,544 | -€12,698 | -69.6% |
| Amounts receivable within one year | 40/41 | €17,944 | €4,807 | -€13,136 | -73.2% |
| Trade receivables | 40 | €17,944 | €4,260 | -€13,683 | -76.3% |
| Other amounts receivable | 41 | - | €547 | +€547 | |
| Cash at bank and in hand | 54/58 | - | €549 | +€549 | |
| Deferred charges and accrued income | 490/1 | €299 | €188 | -€112 | -37.3% |
| Total equity and liabilities | 10/49 | €18,243 | €5,544 | -€12,698 | -69.6% |
| Equity | 10/15 | -€276,977 | -€245,325 | +€31,652 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€283,177 | -€251,525 | +€31,652 | +11.2% |
| Amounts payable | 17/49 | €295,220 | €250,870 | -€44,350 | -15.0% |
| Amounts payable within one year | 42/48 | €295,220 | €250,870 | -€44,350 | -15.0% |
| Financial debts | 43 | €623 | - | -€623 | |
| Credit institutions | 430/8 | €623 | - | -€623 | |
| Trade debts | 44 | €1,184 | €237 | -€946 | -79.9% |
| Suppliers | 440/4 | €1,184 | €237 | -€946 | -79.9% |
| Taxes, remuneration and social security | 45 | €901 | - | -€901 | |
| Taxes | 450/3 | €901 | - | -€901 | |
| Other amounts payable | 47/48 | €292,513 | €250,632 | -€41,881 | -14.3% |
| Non-recurring operating income | 76A | - | €45,800 | +€45,800 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,772 | +€16,772 | |
| Other operating charges | 640/8 | €12,694 | €99 | -€12,595 | -99.2% |
| Gross operating margin | 9900 | €16,129 | €48,052 | +€31,923 | +197.9% |
| Operating profit (loss) | 9901 | €3,435 | €31,180 | +€27,745 | +807.8% |
| Financial income | 75/76B | €220 | €557 | +€337 | +152.8% |
| Recurring financial income | 75 | €220 | €557 | +€337 | +152.8% |
| Financial charges | 65/66B | €60 | €85 | +€25 | +41.2% |
| Recurring financial charges | 65 | €60 | €85 | +€25 | +41.2% |
| Profit (loss) for the period before taxes | 9903 | €3,595 | €31,652 | +€28,057 | +780.5% |
| Profit (loss) for the period | 9904 | €3,595 | €31,652 | +€28,057 | +780.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,595 | €31,652 | +€28,057 | +780.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.