DISO: what changed
Two fiscal 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.
DISO
Largest movements
- Cash -€106,451
down €106,451 (-52.4%), from €203,034 to €96,583
mainly Other debts (-€148,210) and Investment in fixed assets (net) (-€20,395)
- Receivables within one year -€28,953
down €28,953 (-59.8%), from €48,454 to €19,501
of which Trade receivables: -€28,921
- Tangible fixed assets +€7,485
up €7,485 (+7.2%), from €104,079 to €111,564
of which Land and buildings: +€3,868
- Other debts -€148,210
down €148,210 (-64.4%), from €230,113 to €81,903
- Reserves +€32,139
up €32,139 (+88.5%), from €36,323 to €68,462
of which Distributable reserves: +€32,139
- Trade debts -€18,892
down €18,892 (-72.9%), from €25,907 to €7,015
- Tax, wage and social debts +€7,265
up €7,265 (+145.3%), from €5,000 to €12,265
- Debts after one year -€4,479
down €4,479 (-11.0%), from €40,810 to €36,331
- Financial income +€29,840
up €29,840 (+16614.6%), from €180 to €30,020
- Gross operating margin +€15,604
up €15,604 (+48.1%), from €32,425 to €48,029
- Taxes +€4,149
up €4,149 (+83.5%), from €4,967 to €9,116
- Depreciation +€1,875
up €1,875 (+17.0%), from €11,035 to €12,910
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 | €363,264 | €233,632 | -€129,632 | -35.7% |
| Fixed assets | 21/28 | €106,579 | €114,064 | +€7,485 | +7.0% |
| Tangible fixed assets | 22/27 | €104,079 | €111,564 | +€7,485 | +7.2% |
| Land and buildings | 22 | €94,775 | €98,644 | +€3,868 | +4.1% |
| Plant, machinery and equipment | 23 | - | €2,071 | +€2,071 | |
| Furniture and vehicles | 24 | €9,304 | €10,849 | +€1,545 | +16.6% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €256,684 | €119,568 | -€137,116 | -53.4% |
| Amounts receivable within one year | 40/41 | €48,454 | €19,501 | -€28,953 | -59.8% |
| Trade receivables | 40 | €48,422 | €19,501 | -€28,921 | -59.7% |
| Other amounts receivable | 41 | €33 | - | -€33 | |
| Cash at bank and in hand | 54/58 | €203,034 | €96,583 | -€106,451 | -52.4% |
| Deferred charges and accrued income | 490/1 | €5,196 | €3,485 | -€1,712 | -32.9% |
| Total equity and liabilities | 10/49 | €363,264 | €233,632 | -€129,632 | -35.7% |
| Equity | 10/15 | €48,723 | €80,862 | +€32,139 | +66.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €36,323 | €68,462 | +€32,139 | +88.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €34,463 | €66,602 | +€32,139 | +93.3% |
| Amounts payable | 17/49 | €314,540 | €152,770 | -€161,771 | -51.4% |
| Amounts payable after more than one year | 17 | €40,810 | €36,331 | -€4,479 | -11.0% |
| Financial debts | 170/4 | €40,810 | €36,331 | -€4,479 | -11.0% |
| Amounts payable within one year | 42/48 | €272,251 | €114,462 | -€157,789 | -58.0% |
| Current portion of amounts payable after more than one year | 42 | €11,231 | €13,279 | +€2,048 | +18.2% |
| Trade debts | 44 | €25,907 | €7,015 | -€18,892 | -72.9% |
| Suppliers | 440/4 | €25,907 | €7,015 | -€18,892 | -72.9% |
| Taxes, remuneration and social security | 45 | €5,000 | €12,265 | +€7,265 | +145.3% |
| Taxes | 450/3 | €5,000 | €12,265 | +€7,265 | +145.3% |
| Other amounts payable | 47/48 | €230,113 | €81,903 | -€148,210 | -64.4% |
| Accrued charges and deferred income | 492/3 | €1,480 | €1,977 | +€497 | +33.6% |
| Non-recurring operating income | 76A | €165 | - | -€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,035 | €12,910 | +€1,875 | +17.0% |
| Other operating charges | 640/8 | €2,431 | €2,751 | +€319 | +13.1% |
| Non-recurring operating charges | 66A | - | €17,429 | +€17,429 | |
| Gross operating margin | 9900 | €32,425 | €48,029 | +€15,604 | +48.1% |
| Operating profit (loss) | 9901 | €18,959 | €14,939 | -€4,019 | -21.2% |
| Financial income | 75/76B | €180 | €30,020 | +€29,840 | +16614.6% |
| Recurring financial income | 75 | €180 | €30,020 | +€29,840 | +16614.6% |
| Financial charges | 65/66B | €2,737 | €2,871 | +€134 | +4.9% |
| Recurring financial charges | 65 | €2,737 | €2,871 | +€134 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €16,401 | €42,088 | +€25,687 | +156.6% |
| Income taxes | 67/77 | €4,967 | €9,116 | +€4,149 | +83.5% |
| Profit (loss) for the period | 9904 | €11,434 | €32,972 | +€21,538 | +188.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,434 | €32,972 | +€21,538 | +188.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.