DISI: 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.
DISI
Largest movements
- Tangible fixed assets +€313,361
up €313,361 (+56115.7%), from €558 to €313,920
of which Land and buildings: +€304,143
- Receivables after one year -€35,534
down €35,534 (-22.2%), from €160,102 to €124,567
- Deferred charges and accrued income +€28,528
up €28,528 (+354.3%), from €8,052 to €36,580
- Receivables within one year +€13,453
up €13,453 (+23.6%), from €56,893 to €70,346
of which Other amounts receivable: +€38,505
- Debts after one year +€262,793
new in 2025: €262,793
- Other debts +€17,556
new in 2025: €17,556
- Reserves +€16,026
up €16,026 (+8.6%), from €186,740 to €202,766
- Trade debts +€14,264
up €14,264 (+400.9%), from €3,558 to €17,822
- Short-term financial debts +€12,633
new in 2025: €12,633
- Depreciation +€32,679
up €32,679 (+1675.0%), from €1,951 to €34,630
- Gross operating margin +€26,619
up €26,619 (+35.5%), from €75,046 to €101,664
- Financial charges +€8,212
up €8,212 (+249.8%), from €3,288 to €11,499
- Taxes -€5,423
down €5,423 (-23.1%), from €23,447 to €18,025
- Other operating charges +€4,295
up €4,295 (+393.9%), from €1,090 to €5,385
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 | €235,670 | €555,489 | +€319,818 | +135.7% |
| Fixed assets | 21/28 | €3,744 | €318,920 | +€315,176 | +8419.2% |
| Intangible fixed assets | 21 | €685 | - | -€685 | |
| Tangible fixed assets | 22/27 | €558 | €313,920 | +€313,361 | +56115.7% |
| Land and buildings | 22 | - | €304,143 | +€304,143 | |
| Furniture and vehicles | 24 | €558 | €9,777 | +€9,218 | +1650.8% |
| Financial fixed assets | 28 | €2,500 | €5,000 | +€2,500 | +100.0% |
| Current assets | 29/58 | €231,927 | €236,569 | +€4,642 | +2.0% |
| Amounts receivable after more than one year | 29 | €160,102 | €124,567 | -€35,534 | -22.2% |
| Other amounts receivable | 291 | €160,102 | €124,567 | -€35,534 | -22.2% |
| Amounts receivable within one year | 40/41 | €56,893 | €70,346 | +€13,453 | +23.6% |
| Trade receivables | 40 | €29,835 | €4,782 | -€25,052 | -84.0% |
| Other amounts receivable | 41 | €27,058 | €65,563 | +€38,505 | +142.3% |
| Cash at bank and in hand | 54/58 | €6,880 | €5,075 | -€1,805 | -26.2% |
| Deferred charges and accrued income | 490/1 | €8,052 | €36,580 | +€28,528 | +354.3% |
| Total equity and liabilities | 10/49 | €235,670 | €555,489 | +€319,818 | +135.7% |
| Equity | 10/15 | €192,940 | €208,966 | +€16,026 | +8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €186,740 | €202,766 | +€16,026 | +8.6% |
| Distributable reserves | 133 | €186,740 | €202,766 | +€16,026 | +8.6% |
| Amounts payable | 17/49 | €42,730 | €346,522 | +€303,792 | +711.0% |
| Amounts payable after more than one year | 17 | - | €262,793 | +€262,793 | |
| Financial debts | 170/4 | - | €262,793 | +€262,793 | |
| Amounts payable within one year | 42/48 | €42,730 | €83,730 | +€41,000 | +95.9% |
| Current portion of amounts payable after more than one year | 42 | €20,551 | €22,559 | +€2,008 | +9.8% |
| Financial debts | 43 | - | €12,633 | +€12,633 | |
| Credit institutions | 430/8 | - | €12,633 | +€12,633 | |
| Trade debts | 44 | €3,558 | €17,822 | +€14,264 | +400.9% |
| Suppliers | 440/4 | €3,558 | €17,822 | +€14,264 | +400.9% |
| Taxes, remuneration and social security | 45 | €18,621 | €13,159 | -€5,462 | -29.3% |
| Taxes | 450/3 | €18,621 | €13,159 | -€5,462 | -29.3% |
| Other amounts payable | 47/48 | - | €17,556 | +€17,556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,951 | €34,630 | +€32,679 | +1675.0% |
| Other operating charges | 640/8 | €1,090 | €5,385 | +€4,295 | +393.9% |
| Non-recurring operating charges | 66A | - | €4,880 | +€4,880 | |
| Gross operating margin | 9900 | €75,046 | €101,664 | +€26,619 | +35.5% |
| Operating profit (loss) | 9901 | €72,004 | €56,770 | -€15,234 | -21.2% |
| Financial income | 75/76B | €7,609 | €6,336 | -€1,272 | -16.7% |
| Recurring financial income | 75 | €7,609 | €6,336 | -€1,272 | -16.7% |
| Financial charges | 65/66B | €3,288 | €11,499 | +€8,212 | +249.8% |
| Recurring financial charges | 65 | €3,288 | €11,499 | +€8,212 | +249.8% |
| Profit (loss) for the period before taxes | 9903 | €76,325 | €51,607 | -€24,718 | -32.4% |
| Income taxes | 67/77 | €23,447 | €18,025 | -€5,423 | -23.1% |
| Profit (loss) for the period | 9904 | €52,878 | €33,582 | -€19,296 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,878 | €33,582 | -€19,296 | -36.5% |
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 12 October 2026 via checked.be.