DISIBOUW: 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.
DISIBOUW
Largest movements
- Receivables within one year -€137,656
down €137,656 (-48.3%), from €285,112 to €147,456
of which Trade receivables: -€151,540
- Cash +€101,877
up €101,877 (+3,267%), from €3,118 to €104,995
mainly Receivables within one year (+€137,656) and Stocks and contracts (+€86,480)
- Stocks and contracts -€86,480
down €86,480 (-32.0%), from €270,105 to €183,625
of which Stocks: -€134,850
- Tangible fixed assets -€24,362
down €24,362 (-16.8%), from €144,922 to €120,560
of which Plant, machinery and equipment: -€22,805
- Debts after one year -€46,126
down €46,126 (-100%), from €46,126 to €0
- Other debts -€42,616
down €42,616 (-31.6%), from €134,647 to €92,031
- Reserves -€18,272
down €18,272 (-6.6%), from €274,816 to €256,544
- Tax, wage and social debts -€15,709
down €15,709 (-57.5%), from €27,329 to €11,621
of which Taxes: -€15,828
- Trade debts -€14,790
down €14,790 (-11.0%), from €134,092 to €119,302
- Gross operating margin +€47,903
up €47,903 (+51.4%), from €93,233 to €141,136
- Depreciation +€20,546
up €20,546 (+156%), from €13,131 to €33,677
- Taxes +€9,891
up €9,891 (+215%), from €4,606 to €14,497
- Financial charges -€4,673
down €4,673 (-59.4%), from €7,865 to €3,192
- Staff costs +€2,051
up €2,051 (+3.5%), from €58,232 to €60,283
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 | €706,946 | €556,635 | -€150,311 | -21.3% |
| Fixed assets | 21/28 | €144,922 | €120,560 | -€24,362 | -16.8% |
| Tangible fixed assets | 22/27 | €144,922 | €120,560 | -€24,362 | -16.8% |
| Plant, machinery and equipment | 23 | €140,839 | €118,034 | -€22,805 | -16.2% |
| Furniture and vehicles | 24 | €4,083 | €2,526 | -€1,557 | -38.1% |
| Current assets | 29/58 | €562,024 | €436,075 | -€125,949 | -22.4% |
| Stocks and contracts in progress | 3 | €270,105 | €183,625 | -€86,480 | -32.0% |
| Stocks | 30/36 | €160,030 | €25,180 | -€134,850 | -84.3% |
| Contracts in progress | 37 | €110,075 | €158,445 | +€48,370 | +43.9% |
| Amounts receivable within one year | 40/41 | €285,112 | €147,456 | -€137,656 | -48.3% |
| Trade receivables | 40 | €276,891 | €125,351 | -€151,540 | -54.7% |
| Other amounts receivable | 41 | €8,221 | €22,105 | +€13,884 | +169% |
| Cash at bank and in hand | 54/58 | €3,118 | €104,995 | +€101,877 | +3,267% |
| Deferred charges and accrued income | 490/1 | €3,689 | €0 | -€3,689 | -100% |
| Total equity and liabilities | 10/49 | €706,946 | €556,635 | -€150,311 | -21.3% |
| Equity | 10/15 | €305,892 | €287,556 | -€18,337 | -6.0% |
| Contributions | 10/11 | €31,011 | €31,011 | = | 0.0% |
| Reserves | 13 | €274,816 | €256,544 | -€18,272 | -6.6% |
| Distributable reserves | 133 | €274,816 | €256,544 | -€18,272 | -6.6% |
| Profit (loss) carried forward | 14 | €65 | €0 | -€65 | -100% |
| Amounts payable | 17/49 | €401,054 | €269,080 | -€131,974 | -32.9% |
| Amounts payable after more than one year | 17 | €46,126 | €0 | -€46,126 | -100% |
| Financial debts | 170/4 | €46,126 | €0 | -€46,126 | -100% |
| Amounts payable within one year | 42/48 | €354,928 | €269,080 | -€85,848 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €58,860 | €46,126 | -€12,734 | -21.6% |
| Trade debts | 44 | €134,092 | €119,302 | -€14,790 | -11.0% |
| Suppliers | 440/4 | €134,092 | €119,302 | -€14,790 | -11.0% |
| Taxes, remuneration and social security | 45 | €27,329 | €11,621 | -€15,709 | -57.5% |
| Taxes | 450/3 | €24,927 | €9,099 | -€15,828 | -63.5% |
| Remuneration and social security | 454/9 | €2,402 | €2,521 | +€119 | +5.0% |
| Other amounts payable | 47/48 | €134,647 | €92,031 | -€42,616 | -31.6% |
| Remuneration, social security and pensions | 62 | €58,232 | €60,283 | +€2,051 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,131 | €33,677 | +€20,546 | +156% |
| Other operating charges | 640/8 | €1,038 | €1,235 | +€197 | +19.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €93,233 | €141,136 | +€47,903 | +51.4% |
| Operating profit (loss) | 9901 | €20,833 | €45,941 | +€25,109 | +121% |
| Financial income | 75/76B | €7,041 | €7,449 | +€407 | +5.8% |
| Recurring financial income | 75 | €7,041 | €7,449 | +€407 | +5.8% |
| Financial charges | 65/66B | €7,865 | €3,192 | -€4,673 | -59.4% |
| Recurring financial charges | 65 | €7,865 | €3,192 | -€4,673 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €20,009 | €50,198 | +€30,189 | +151% |
| Income taxes | 67/77 | €4,606 | €14,497 | +€9,891 | +215% |
| Profit (loss) for the period | 9904 | €15,403 | €35,701 | +€20,298 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €15,403 | €35,701 | +€20,298 | +132% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.