DISCUS: 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.
DISCUS
Largest movements
- Receivables within one year -€5,956
down €5,956 (-52.7%), from €11,305 to €5,349
of which Other amounts receivable: -€6,136
- Tangible fixed assets -€2,020
down €2,020 (-54.6%), from €3,700 to €1,679
- Cash +€245
up €245 (+54.1%), from €453 to €698
mainly Receivables within one year (+€5,956) and Depreciation (+€2,020)
- Profit (loss) carried forward -€7,218
down €7,218 (-10.1%), from -€71,265 to -€78,483
- Trade debts -€513
down €513 (-100.0%), from €513 to €0
- Gross operating margin +€3,644
up €3,644 (+43.9%), from -€8,310 to -€4,666
- Financial income -€1,188
down €1,188 (-74.2%), from €1,600 to €412
- Depreciation -€618
down €618 (-23.4%), from €2,639 to €2,020
- Financial charges +€321
up €321 (+403.7%), from €80 to €401
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,458 | €7,727 | -€7,731 | -50.0% |
| Fixed assets | 21/28 | €3,700 | €1,679 | -€2,020 | -54.6% |
| Tangible fixed assets | 22/27 | €3,700 | €1,679 | -€2,020 | -54.6% |
| Furniture and vehicles | 24 | €3,700 | €1,679 | -€2,020 | -54.6% |
| Current assets | 29/58 | €11,758 | €6,047 | -€5,711 | -48.6% |
| Amounts receivable within one year | 40/41 | €11,305 | €5,349 | -€5,956 | -52.7% |
| Trade receivables | 40 | €520 | €700 | +€180 | +34.6% |
| Other amounts receivable | 41 | €10,785 | €4,649 | -€6,136 | -56.9% |
| Cash at bank and in hand | 54/58 | €453 | €698 | +€245 | +54.1% |
| Total equity and liabilities | 10/49 | €15,458 | €7,727 | -€7,731 | -50.0% |
| Equity | 10/15 | €14,945 | €7,727 | -€7,218 | -48.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €67,209 | €67,209 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,900 | €52,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €52,900 | €52,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,309 | €14,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,265 | -€78,483 | -€7,218 | -10.1% |
| Amounts payable | 17/49 | €513 | €0 | -€513 | -100.0% |
| Amounts payable within one year | 42/48 | €513 | €0 | -€513 | -100.0% |
| Trade debts | 44 | €513 | €0 | -€513 | -100.0% |
| Suppliers | 440/4 | €513 | €0 | -€513 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,639 | €2,020 | -€618 | -23.4% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€8,310 | -€4,666 | +€3,644 | +43.9% |
| Operating profit (loss) | 9901 | -€11,477 | -€7,230 | +€4,247 | +37.0% |
| Financial income | 75/76B | €1,600 | €412 | -€1,188 | -74.2% |
| Recurring financial income | 75 | €1,600 | €412 | -€1,188 | -74.2% |
| Financial charges | 65/66B | €80 | €401 | +€321 | +403.7% |
| Recurring financial charges | 65 | €80 | €401 | +€321 | +403.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,956 | -€7,218 | +€2,738 | +27.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€9,956 | -€7,218 | +€2,738 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,956 | -€7,218 | +€2,738 | +27.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.