DISCO G. V.: 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.
DISCO G. V.
Largest movements
- Cash -€104,917
down €104,917 (-62.1%), from €169,020 to €64,103
mainly Debts after one year (-€238,759) and Current portion of long-term debt (-€2,919)
- Tangible fixed assets -€53,024
down €53,024 (-47.0%), from €112,861 to €59,838
of which Leasing and similar rights: -€27,924
- Receivables within one year -€41,729
down €41,729 (-73.2%), from €57,032 to €15,303
of which Trade receivables: -€47,765
- Stocks and contracts -€16,003
down €16,003 (-1.4%), from €1.2m to €1.2m
- Debts after one year -€238,759
down €238,759 (-27.4%), from €869,942 to €631,183
- Gross operating margin -€17,662
down €17,662 (-7.3%), from €242,602 to €224,941
- Financial income +€5,986
up €5,986 (+517%), from €1,159 to €7,145
- Staff costs -€5,513
down €5,513 (-3.7%), from €147,622 to €142,109
- Taxes -€3,776
down €3,776 (-49.5%), from €7,627 to €3,850
- Other operating charges -€3,187
down €3,187 (-40.7%), from €7,831 to €4,644
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 | €1,522,160 | €1,306,487 | -€215,672 | -14.2% |
| Fixed assets | 21/28 | €114,785 | €61,761 | -€53,024 | -46.2% |
| Tangible fixed assets | 22/27 | €112,861 | €59,838 | -€53,024 | -47.0% |
| Plant, machinery and equipment | 23 | €1,515 | €0 | -€1,515 | -100% |
| Furniture and vehicles | 24 | €15,480 | €7,247 | -€8,234 | -53.2% |
| Leasing and similar rights | 25 | €53,025 | €25,100 | -€27,924 | -52.7% |
| Other tangible fixed assets | 26 | €42,841 | €27,491 | -€15,350 | -35.8% |
| Financial fixed assets | 28 | €1,923 | €1,923 | = | 0.0% |
| Current assets | 29/58 | €1,407,375 | €1,244,726 | -€162,649 | -11.6% |
| Stocks and contracts in progress | 3 | €1,181,324 | €1,165,321 | -€16,003 | -1.4% |
| Stocks | 30/36 | €1,181,324 | €1,165,321 | -€16,003 | -1.4% |
| Amounts receivable within one year | 40/41 | €57,032 | €15,303 | -€41,729 | -73.2% |
| Trade receivables | 40 | €55,470 | €7,706 | -€47,765 | -86.1% |
| Other amounts receivable | 41 | €1,561 | €7,597 | +€6,036 | +387% |
| Cash at bank and in hand | 54/58 | €169,020 | €64,103 | -€104,917 | -62.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,522,160 | €1,306,487 | -€215,672 | -14.2% |
| Equity | 10/15 | €519,369 | €522,599 | +€3,229 | +0.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €451,169 | €454,399 | +€3,229 | +0.7% |
| Amounts payable | 17/49 | €1,002,791 | €783,889 | -€218,902 | -21.8% |
| Amounts payable after more than one year | 17 | €869,942 | €631,183 | -€238,759 | -27.4% |
| Financial debts | 170/4 | €869,942 | €631,183 | -€238,759 | -27.4% |
| Amounts payable within one year | 42/48 | €132,848 | €139,056 | +€6,207 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €21,678 | €18,759 | -€2,919 | -13.5% |
| Trade debts | 44 | €7,425 | €6,301 | -€1,124 | -15.1% |
| Suppliers | 440/4 | €7,425 | €6,301 | -€1,124 | -15.1% |
| Advances received on contracts in progress | 46 | €1,066 | €1,832 | +€766 | +71.8% |
| Taxes, remuneration and social security | 45 | €16,744 | €19,055 | +€2,311 | +13.8% |
| Taxes | 450/3 | €2,668 | €3,800 | +€1,132 | +42.4% |
| Remuneration and social security | 454/9 | €14,076 | €15,255 | +€1,179 | +8.4% |
| Other amounts payable | 47/48 | €85,936 | €93,109 | +€7,173 | +8.3% |
| Accrued charges and deferred income | 492/3 | €0 | €13,650 | +€13,650 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €147,622 | €142,109 | -€5,513 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,078 | €53,024 | +€1,945 | +3.8% |
| Other operating charges | 640/8 | €7,831 | €4,644 | -€3,187 | -40.7% |
| Gross operating margin | 9900 | €242,602 | €224,941 | -€17,662 | -7.3% |
| Operating profit (loss) | 9901 | €36,072 | €25,164 | -€10,908 | -30.2% |
| Financial income | 75/76B | €1,159 | €7,145 | +€5,986 | +517% |
| Recurring financial income | 75 | €1,159 | €7,145 | +€5,986 | +517% |
| Financial charges | 65/66B | €23,950 | €25,229 | +€1,279 | +5.3% |
| Recurring financial charges | 65 | €23,950 | €25,229 | +€1,279 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €13,281 | €7,080 | -€6,201 | -46.7% |
| Income taxes | 67/77 | €7,627 | €3,850 | -€3,776 | -49.5% |
| Profit (loss) for the period | 9904 | €5,654 | €3,229 | -€2,425 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,654 | €3,229 | -€2,425 | -42.9% |
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 24 October 2026 via checked.be.