DISCOVERENT: 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.
DISCOVERENT
Largest movements
- Cash +€24,998
up €24,998 (+11.1%), from €224,939 to €249,937
- Receivables within one year +€22,924
up €22,924 (+353%), from €6,503 to €29,427
of which Trade receivables: +€21,695
- Intangible fixed assets +€12,698
up €12,698 (+40.1%), from €31,678 to €44,376
- Financial fixed assets +€10,000
up €10,000 (+100%), from €10,000 to €20,000
- Debts after one year +€65,942
up €65,942 (+65.9%), from €100,000 to €165,942
- Current portion of long-term debt +€18,680
new in 2025: €18,680
- Other debts -€13,658
down €13,658 (-28.9%), from €47,292 to €33,634
- Trade debts -€11,944
down €11,944 (-61.8%), from €19,319 to €7,375
- Profit (loss) carried forward +€8,146
up €8,146 (+15.9%), from -€51,344 to -€43,198
- Gross operating margin +€124,862
up €124,862, from -€53,670 to €71,192
- Staff costs +€25,066
new in 2025: €25,066
- Financial charges +€17,130
up €17,130 (+325%), from €5,268 to €22,398
- Depreciation +€7,861
up €7,861 (+108%), from €7,259 to €15,120
- Taxes -€1,924
no longer reported in 2025 (was €1,924)
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,183 | €357,305 | +€66,122 | +22.7% |
| Fixed assets | 21/28 | €56,741 | €76,641 | +€19,900 | +35.1% |
| Intangible fixed assets | 21 | €31,678 | €44,376 | +€12,698 | +40.1% |
| Tangible fixed assets | 22/27 | €15,063 | €12,265 | -€2,798 | -18.6% |
| Furniture and vehicles | 24 | €15,063 | €12,265 | -€2,798 | -18.6% |
| Financial fixed assets | 28 | €10,000 | €20,000 | +€10,000 | +100% |
| Current assets | 29/58 | €234,442 | €280,664 | +€46,222 | +19.7% |
| Amounts receivable within one year | 40/41 | €6,503 | €29,427 | +€22,924 | +353% |
| Trade receivables | 40 | €563 | €22,258 | +€21,695 | +3,853% |
| Other amounts receivable | 41 | €5,940 | €7,169 | +€1,229 | +20.7% |
| Cash at bank and in hand | 54/58 | €224,939 | €249,937 | +€24,998 | +11.1% |
| Deferred charges and accrued income | 490/1 | €3,000 | €1,300 | -€1,700 | -56.7% |
| Total equity and liabilities | 10/49 | €291,183 | €357,305 | +€66,122 | +22.7% |
| Equity | 10/15 | €123,528 | €131,674 | +€8,146 | +6.6% |
| Contributions | 10/11 | €174,872 | €174,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,344 | -€43,198 | +€8,146 | +15.9% |
| Amounts payable | 17/49 | €167,655 | €225,631 | +€57,976 | +34.6% |
| Amounts payable after more than one year | 17 | €100,000 | €165,942 | +€65,942 | +65.9% |
| Financial debts | 170/4 | €100,000 | €165,942 | +€65,942 | +65.9% |
| Amounts payable within one year | 42/48 | €67,655 | €59,689 | -€7,966 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | - | €18,680 | +€18,680 | |
| Trade debts | 44 | €19,319 | €7,375 | -€11,944 | -61.8% |
| Suppliers | 440/4 | €19,319 | €7,375 | -€11,944 | -61.8% |
| Taxes, remuneration and social security | 45 | €1,044 | - | -€1,044 | |
| Taxes | 450/3 | €1,044 | - | -€1,044 | |
| Other amounts payable | 47/48 | €47,292 | €33,634 | -€13,658 | -28.9% |
| Remuneration, social security and pensions | 62 | - | €25,066 | +€25,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,259 | €15,120 | +€7,861 | +108% |
| Other operating charges | 640/8 | €95 | €787 | +€692 | +728% |
| Gross operating margin | 9900 | -€53,670 | €71,192 | +€124,862 | |
| Operating profit (loss) | 9901 | -€61,024 | €30,219 | +€91,243 | |
| Financial income | 75/76B | €455 | €325 | -€130 | -28.6% |
| Recurring financial income | 75 | €455 | €325 | -€130 | -28.6% |
| Financial charges | 65/66B | €5,268 | €22,398 | +€17,130 | +325% |
| Recurring financial charges | 65 | €5,268 | €22,398 | +€17,130 | +325% |
| Profit (loss) for the period before taxes | 9903 | -€65,837 | €8,146 | +€73,983 | |
| Income taxes | 67/77 | €1,924 | - | -€1,924 | |
| Profit (loss) for the period | 9904 | -€67,761 | €8,146 | +€75,907 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,761 | €8,146 | +€75,907 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.