Discodan: 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.
Discodan
Largest movements
- Stocks and contracts +€1.9m
up €1.9m (+11.5%), from €16.8m to €18.7m
- Receivables within one year +€1.8m
up €1.8m (+83.3%), from €2.2m to €4.0m
of which Trade receivables: +€950,956
- Advances received +€4.7m
up €4.7m (+59.3%), from €7.9m to €12.6m
- Other debts -€784,193
down €784,193 (-8.6%), from €9.1m to €8.3m
- Gross operating margin -€18,239
down €18,239 (-25.3%), from -€72,009 to -€90,249
- Other operating charges -€8,989
down €8,989 (-83.2%), from €10,808 to €1,819
- Financial income +€6,511
up €6,511 (+59.0%), from €11,036 to €17,546
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 | €19,308,010 | €22,962,683 | +€3.7m | +18.9% |
| Fixed assets | 21/28 | €240,002 | €240,002 | = | 0.0% |
| Financial fixed assets | 28 | €240,002 | €240,002 | = | 0.0% |
| Current assets | 29/58 | €19,068,008 | €22,722,681 | +€3.7m | +19.2% |
| Stocks and contracts in progress | 3 | €16,771,256 | €18,695,142 | +€1.9m | +11.5% |
| Stocks | 30/36 | €16,771,256 | €18,695,142 | +€1.9m | +11.5% |
| Amounts receivable within one year | 40/41 | €2,196,318 | €4,025,665 | +€1.8m | +83.3% |
| Trade receivables | 40 | €451,187 | €1,402,143 | +€950,956 | +210.8% |
| Other amounts receivable | 41 | €1,745,132 | €2,623,522 | +€878,390 | +50.3% |
| Cash at bank and in hand | 54/58 | €100,433 | €1,874 | -€98,559 | -98.1% |
| Total equity and liabilities | 10/49 | €19,308,010 | €22,962,683 | +€3.7m | +18.9% |
| Equity | 10/15 | -€1,642,529 | -€1,737,281 | -€94,752 | -5.8% |
| Contributions | 10/11 | €342,295 | €342,295 | = | 0.0% |
| Capital | 10 | €342,295 | €342,295 | = | 0.0% |
| Issued capital | 100 | €342,295 | €342,295 | = | 0.0% |
| Reserves | 13 | €735,944 | €735,944 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,338 | €4,338 | = | 0.0% |
| Legal reserve | 130 | €4,338 | €4,338 | = | 0.0% |
| Tax-exempt reserves | 132 | €203,291 | €203,291 | = | 0.0% |
| Distributable reserves | 133 | €528,315 | €528,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,720,768 | -€2,815,520 | -€94,752 | -3.5% |
| Amounts payable | 17/49 | €20,950,539 | €24,699,964 | +€3.7m | +17.9% |
| Amounts payable within one year | 42/48 | €20,942,647 | €24,696,314 | +€3.8m | +17.9% |
| Trade debts | 44 | €3,902,279 | €3,761,491 | -€140,788 | -3.6% |
| Suppliers | 440/4 | €3,902,279 | €3,761,491 | -€140,788 | -3.6% |
| Advances received on contracts in progress | 46 | €7,891,294 | €12,574,553 | +€4.7m | +59.3% |
| Taxes, remuneration and social security | 45 | €36,075 | €31,464 | -€4,611 | -12.8% |
| Taxes | 450/3 | €36,075 | €31,464 | -€4,611 | -12.8% |
| Other amounts payable | 47/48 | €9,112,999 | €8,328,806 | -€784,193 | -8.6% |
| Accrued charges and deferred income | 492/3 | €7,892 | €3,650 | -€4,242 | -53.7% |
| Other operating charges | 640/8 | €10,808 | €1,819 | -€8,989 | -83.2% |
| Gross operating margin | 9900 | -€72,009 | -€90,249 | -€18,239 | -25.3% |
| Operating profit (loss) | 9901 | -€82,818 | -€92,068 | -€9,250 | -11.2% |
| Financial income | 75/76B | €11,036 | €17,546 | +€6,511 | +59.0% |
| Recurring financial income | 75 | €11,036 | €17,546 | +€6,511 | +59.0% |
| Financial charges | 65/66B | €19,899 | €20,231 | +€332 | +1.7% |
| Recurring financial charges | 65 | €19,899 | €20,231 | +€332 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€91,681 | -€94,752 | -€3,071 | -3.4% |
| Profit (loss) for the period | 9904 | -€91,681 | -€94,752 | -€3,071 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,681 | -€94,752 | -€3,071 | -3.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.