DISOFF: 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.
DISOFF
Largest movements
- Receivables within one year -€485,526
down €485,526 (-86.1%), from €563,605 to €78,079
of which Other amounts receivable: -€479,476
- Tangible fixed assets +€73,671
up €73,671 (+2.1%), from €3.5m to €3.6m
of which Plant, machinery and equipment: +€109,556
- Other debts -€768,144
down €768,144 (-27.1%), from €2.8m to €2.1m
- Reserves +€344,586
up €344,586 (+23.5%), from €1.5m to €1.8m
of which Distributable reserves: +€328,386
- Tax, wage and social debts +€63,083
up €63,083 (+109%), from €57,717 to €120,800
of which Taxes: +€63,083
- Financial income +€671,864
up €671,864 (+2,724%), from €24,665 to €696,529
- Gross operating margin -€337,355
down €337,355 (-79.1%), from €426,578 to €89,223
- Financial charges +€25,637
up €25,637 (+14.2%), from €180,790 to €206,427
- Depreciation -€22,692
down €22,692 (-11.8%), from €192,900 to €170,209
- Taxes +€16,773
up €16,773 (+93.4%), from €17,967 to €34,739
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 | €5,860,682 | €5,454,839 | -€405,842 | -6.9% |
| Fixed assets | 21/28 | €4,854,647 | €4,928,318 | +€73,671 | +1.5% |
| Tangible fixed assets | 22/27 | €3,535,467 | €3,609,138 | +€73,671 | +2.1% |
| Land and buildings | 22 | €3,403,181 | €3,385,291 | -€17,890 | -0.5% |
| Plant, machinery and equipment | 23 | €62,236 | €171,792 | +€109,556 | +176% |
| Furniture and vehicles | 24 | €70,051 | €52,055 | -€17,995 | -25.7% |
| Financial fixed assets | 28 | €1,319,180 | €1,319,180 | = | 0.0% |
| Current assets | 29/58 | €1,006,035 | €526,521 | -€479,513 | -47.7% |
| Amounts receivable within one year | 40/41 | €563,605 | €78,079 | -€485,526 | -86.1% |
| Trade receivables | 40 | €6,050 | €0 | -€6,050 | -100% |
| Other amounts receivable | 41 | €557,555 | €78,079 | -€479,476 | -86.0% |
| Current investments | 50/53 | €332,572 | €332,572 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,522 | €80,870 | -€28,652 | -26.2% |
| Deferred charges and accrued income | 490/1 | €335 | €35,000 | +€34,665 | +10,339% |
| Total equity and liabilities | 10/49 | €5,860,682 | €5,454,839 | -€405,842 | -6.9% |
| Equity | 10/15 | €2,536,646 | €2,881,232 | +€344,586 | +13.6% |
| Contributions | 10/11 | €1,070,000 | €1,070,000 | = | 0.0% |
| Capital | 10 | €1,070,000 | €1,070,000 | = | 0.0% |
| Issued capital | 100 | €1,070,000 | €1,070,000 | = | 0.0% |
| Reserves | 13 | €1,466,646 | €1,811,232 | +€344,586 | +23.5% |
| Non-distributable reserves | 130/1 | €423,372 | €439,572 | +€16,200 | +3.8% |
| Legal reserve | 130 | €90,800 | €107,000 | +€16,200 | +17.8% |
| Own shares acquired | 1312 | €332,572 | €332,572 | = | 0.0% |
| Distributable reserves | 133 | €1,043,273 | €1,371,660 | +€328,386 | +31.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,324,036 | €2,573,607 | -€750,429 | -22.6% |
| Amounts payable after more than one year | 17 | €365,878 | €310,820 | -€55,057 | -15.0% |
| Financial debts | 170/4 | €365,878 | €310,820 | -€55,057 | -15.0% |
| Amounts payable within one year | 42/48 | €2,954,739 | €2,247,699 | -€707,040 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €53,713 | €55,057 | +€1,344 | +2.5% |
| Trade debts | 44 | €11,692 | €8,369 | -€3,323 | -28.4% |
| Suppliers | 440/4 | €11,692 | €8,369 | -€3,323 | -28.4% |
| Taxes, remuneration and social security | 45 | €57,717 | €120,800 | +€63,083 | +109% |
| Taxes | 450/3 | €57,717 | €120,800 | +€63,083 | +109% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,831,617 | €2,063,473 | -€768,144 | -27.1% |
| Accrued charges and deferred income | 492/3 | €3,419 | €15,088 | +€11,668 | +341% |
| Non-recurring operating income | 76A | - | €53,860 | +€53,860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192,900 | €170,209 | -€22,692 | -11.8% |
| Other operating charges | 640/8 | €11,085 | €12,103 | +€1,018 | +9.2% |
| Gross operating margin | 9900 | €426,578 | €89,223 | -€337,355 | -79.1% |
| Operating profit (loss) | 9901 | €222,592 | -€93,089 | -€315,681 | |
| Financial income | 75/76B | €24,665 | €696,529 | +€671,864 | +2,724% |
| Recurring financial income | 75 | €24,665 | €696,529 | +€671,864 | +2,724% |
| Financial charges | 65/66B | €180,790 | €206,427 | +€25,637 | +14.2% |
| Recurring financial charges | 65 | €180,790 | €206,427 | +€25,637 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €66,467 | €397,013 | +€330,545 | +497% |
| Income taxes | 67/77 | €17,967 | €34,739 | +€16,773 | +93.4% |
| Profit (loss) for the period | 9904 | €48,501 | €362,273 | +€313,773 | +647% |
| Profit (loss) for the period to be appropriated | 9905 | €48,501 | €362,273 | +€313,773 | +647% |
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 27 October 2026 via checked.be.