DISCATEX: 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.
DISCATEX
Largest movements
- Tangible fixed assets -€69,221
down €69,221 (-13.8%), from €501,347 to €432,126
- Receivables within one year -€60,581
down €60,581 (-6.2%), from €969,563 to €908,982
of which Trade receivables: -€107,641
- Cash +€16,914
up €16,914 (+97.5%), from €17,349 to €34,263
mainly Net result for the year (+€207,121) and Depreciation (+€87,373)
- Deferred charges and accrued income +€15,947
up €15,947 (+639%), from €2,496 to €18,443
- Reserves +€207,121
up €207,121 (+54.1%), from €383,068 to €590,189
- Other debts -€204,065
down €204,065 (-39.4%), from €517,581 to €313,516
- Debts after one year -€47,016
down €47,016 (-15.7%), from €299,959 to €252,943
- Accrued charges and deferred income -€43,963
down €43,963 (-77.0%), from €57,088 to €13,125
- Staff costs -€227,400
down €227,400 (-23.4%), from €972,361 to €744,960
- Taxes +€68,367
up €68,367 (+725%), from €9,430 to €77,797
- Depreciation -€31,028
down €31,028 (-26.2%), from €118,400 to €87,373
- Gross operating margin -€25,086
down €25,086 (-2.2%), from €1.1m to €1.1m
- Financial income +€20,830
up €20,830 (+78.8%), from €26,420 to €47,250
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 | €1,575,429 | €1,481,957 | -€93,472 | -5.9% |
| Fixed assets | 21/28 | €502,960 | €433,744 | -€69,216 | -13.8% |
| Tangible fixed assets | 22/27 | €501,347 | €432,126 | -€69,221 | -13.8% |
| Land and buildings | 22 | €269,855 | €256,281 | -€13,573 | -5.0% |
| Plant, machinery and equipment | 23 | €162,142 | €140,550 | -€21,592 | -13.3% |
| Furniture and vehicles | 24 | €57,702 | €27,159 | -€30,544 | -52.9% |
| Leasing and similar rights | 25 | €11,649 | €8,136 | -€3,512 | -30.2% |
| Financial fixed assets | 28 | €1,613 | €1,618 | +€5 | +0.3% |
| Current assets | 29/58 | €1,072,469 | €1,048,213 | -€24,256 | -2.3% |
| Stocks and contracts in progress | 3 | €83,061 | €86,525 | +€3,465 | +4.2% |
| Stocks | 30/36 | €83,061 | €86,525 | +€3,465 | +4.2% |
| Amounts receivable within one year | 40/41 | €969,563 | €908,982 | -€60,581 | -6.2% |
| Trade receivables | 40 | €110,371 | €2,729 | -€107,641 | -97.5% |
| Other amounts receivable | 41 | €859,193 | €906,253 | +€47,060 | +5.5% |
| Cash at bank and in hand | 54/58 | €17,349 | €34,263 | +€16,914 | +97.5% |
| Deferred charges and accrued income | 490/1 | €2,496 | €18,443 | +€15,947 | +639% |
| Total equity and liabilities | 10/49 | €1,575,429 | €1,481,957 | -€93,472 | -5.9% |
| Equity | 10/15 | €446,016 | €653,137 | +€207,121 | +46.4% |
| Contributions | 10/11 | €62,948 | €62,948 | = | 0.0% |
| Reserves | 13 | €383,068 | €590,189 | +€207,121 | +54.1% |
| Distributable reserves | 133 | €383,068 | €590,189 | +€207,121 | +54.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,129,413 | €828,820 | -€300,593 | -26.6% |
| Amounts payable after more than one year | 17 | €299,959 | €252,943 | -€47,016 | -15.7% |
| Financial debts | 170/4 | €299,959 | €252,943 | -€47,016 | -15.7% |
| Amounts payable within one year | 42/48 | €772,366 | €562,752 | -€209,614 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €60,612 | €47,016 | -€13,596 | -22.4% |
| Trade debts | 44 | €79,377 | €81,147 | +€1,770 | +2.2% |
| Suppliers | 440/4 | €79,377 | €81,147 | +€1,770 | +2.2% |
| Taxes, remuneration and social security | 45 | €114,797 | €121,073 | +€6,277 | +5.5% |
| Taxes | 450/3 | €42,367 | €61,155 | +€18,789 | +44.3% |
| Remuneration and social security | 454/9 | €72,430 | €59,918 | -€12,512 | -17.3% |
| Other amounts payable | 47/48 | €517,581 | €313,516 | -€204,065 | -39.4% |
| Accrued charges and deferred income | 492/3 | €57,088 | €13,125 | -€43,963 | -77.0% |
| Remuneration, social security and pensions | 62 | €972,361 | €744,960 | -€227,400 | -23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118,400 | €87,373 | -€31,028 | -26.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €519 | €0 | -€519 | -100% |
| Other operating charges | 640/8 | €19,719 | €19,286 | -€432 | -2.2% |
| Gross operating margin | 9900 | €1,140,582 | €1,115,496 | -€25,086 | -2.2% |
| Operating profit (loss) | 9901 | €29,584 | €263,877 | +€234,293 | +792% |
| Financial income | 75/76B | €26,420 | €47,250 | +€20,830 | +78.8% |
| Recurring financial income | 75 | €26,420 | €47,250 | +€20,830 | +78.8% |
| Financial charges | 65/66B | €27,308 | €26,209 | -€1,098 | -4.0% |
| Recurring financial charges | 65 | €27,308 | €26,209 | -€1,098 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €28,696 | €284,918 | +€256,221 | +893% |
| Income taxes | 67/77 | €9,430 | €77,797 | +€68,367 | +725% |
| Profit (loss) for the period | 9904 | €19,266 | €207,121 | +€187,855 | +975% |
| Profit (loss) for the period to be appropriated | 9905 | €19,266 | €207,121 | +€187,855 | +975% |
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 14 October 2026 via checked.be.