DISLESSE: 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.
DISLESSE
Largest movements
- Current investments -€1.8m
no longer reported in 2025 (was €1.8m)
- Receivables within one year +€621,430
up €621,430 (+772%), from €80,544 to €701,974
of which Other amounts receivable: +€670,679
- Stocks and contracts -€119,588
down €119,588 (-33.6%), from €355,859 to €236,271
- Other debts -€1.3m
down €1.3m (-99.2%), from €1.3m to €10,013
- Reserves +€336,295
up €336,295 (+42.3%), from €795,706 to €1.1m
of which Distributable reserves: +€336,295
- Tax, wage and social debts -€202,274
down €202,274 (-79.1%), from €255,570 to €53,296
of which Taxes: -€208,051
- Trade debts -€76,798
down €76,798 (-17.5%), from €438,850 to €362,052
- Investment grants -€38,296
down €38,296 (-14.3%), from €268,067 to €229,771
- Gross operating margin -€367,966
down €367,966 (-30.1%), from €1.2m to €856,340
- Taxes -€87,777
down €87,777 (-44.0%), from €199,501 to €111,724
- Financial income +€56,771
up €56,771 (+94.2%), from €60,254 to €117,025
- Staff costs +€48,392
up €48,392 (+12.9%), from €373,922 to €422,314
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 | €3,308,313 | €2,018,697 | -€1.3m | -39.0% |
| Fixed assets | 21/28 | €362,777 | €367,979 | +€5,202 | +1.4% |
| Intangible fixed assets | 21 | €10,500 | €7,000 | -€3,500 | -33.3% |
| Tangible fixed assets | 22/27 | €351,914 | €360,616 | +€8,702 | +2.5% |
| Plant, machinery and equipment | 23 | €332,503 | €321,148 | -€11,355 | -3.4% |
| Furniture and vehicles | 24 | €19,411 | €39,469 | +€20,058 | +103% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €2,945,536 | €1,650,718 | -€1.3m | -44.0% |
| Stocks and contracts in progress | 3 | €355,859 | €236,271 | -€119,588 | -33.6% |
| Stocks | 30/36 | €355,859 | €236,271 | -€119,588 | -33.6% |
| Amounts receivable within one year | 40/41 | €80,544 | €701,974 | +€621,430 | +772% |
| Trade receivables | 40 | €76,604 | €27,355 | -€49,249 | -64.3% |
| Other amounts receivable | 41 | €3,940 | €674,619 | +€670,679 | +17,022% |
| Current investments | 50/53 | €1,800,000 | - | -€1.8m | |
| Cash at bank and in hand | 54/58 | €696,841 | €701,216 | +€4,375 | +0.6% |
| Deferred charges and accrued income | 490/1 | €12,292 | €11,258 | -€1,034 | -8.4% |
| Total equity and liabilities | 10/49 | €3,308,313 | €2,018,697 | -€1.3m | -39.0% |
| Equity | 10/15 | €1,163,773 | €1,461,772 | +€297,999 | +25.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Contributions outside capital | 11 | - | €100,000 | +€100,000 | |
| Other | 1109/19 | - | €100,000 | +€100,000 | |
| Reserves | 13 | €795,706 | €1,132,001 | +€336,295 | +42.3% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | - | -€10,000 | |
| Reserves not available under the articles | 1311 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | €785,706 | €1,122,001 | +€336,295 | +42.8% |
| Investment grants | 15 | €268,067 | €229,771 | -€38,296 | -14.3% |
| Provisions and deferred taxes | 16 | €67,017 | €57,443 | -€9,574 | -14.3% |
| Deferred taxes | 168 | €67,017 | €57,443 | -€9,574 | -14.3% |
| Amounts payable | 17/49 | €2,077,523 | €499,482 | -€1.6m | -76.0% |
| Amounts payable after more than one year | 17 | €70,000 | €60,000 | -€10,000 | -14.3% |
| Financial debts | 170/4 | €70,000 | €60,000 | -€10,000 | -14.3% |
| Amounts payable within one year | 42/48 | €1,979,420 | €435,362 | -€1.5m | -78.0% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €438,850 | €362,052 | -€76,798 | -17.5% |
| Suppliers | 440/4 | €438,850 | €362,052 | -€76,798 | -17.5% |
| Taxes, remuneration and social security | 45 | €255,570 | €53,296 | -€202,274 | -79.1% |
| Taxes | 450/3 | €228,107 | €20,056 | -€208,051 | -91.2% |
| Remuneration and social security | 454/9 | €27,463 | €33,240 | +€5,777 | +21.0% |
| Other amounts payable | 47/48 | €1,275,000 | €10,013 | -€1.3m | -99.2% |
| Accrued charges and deferred income | 492/3 | €28,103 | €4,121 | -€23,982 | -85.3% |
| Remuneration, social security and pensions | 62 | €373,922 | €422,314 | +€48,392 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,002 | €68,451 | +€5,449 | +8.6% |
| Other operating charges | 640/8 | €18,334 | €18,237 | -€97 | -0.5% |
| Gross operating margin | 9900 | €1,224,306 | €856,340 | -€367,966 | -30.1% |
| Operating profit (loss) | 9901 | €769,048 | €347,338 | -€421,710 | -54.8% |
| Financial income | 75/76B | €60,254 | €117,025 | +€56,771 | +94.2% |
| Recurring financial income | 75 | €60,254 | €117,025 | +€56,771 | +94.2% |
| Financial charges | 65/66B | €28,100 | €25,918 | -€2,182 | -7.8% |
| Recurring financial charges | 65 | €28,100 | €25,918 | -€2,182 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €801,202 | €438,445 | -€362,757 | -45.3% |
| Transfer from deferred taxes | 780 | €9,574 | €9,574 | -€0 | 0.0% |
| Income taxes | 67/77 | €199,501 | €111,724 | -€87,777 | -44.0% |
| Profit (loss) for the period | 9904 | €611,275 | €336,295 | -€274,980 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €611,275 | €336,295 | -€274,980 | -45.0% |
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 16 October 2026 via checked.be.