DISPACK: 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.
DISPACK
Largest movements
- Cash +€97,383
up €97,383 (+76.2%), from €127,755 to €225,138
mainly Depreciation (+€39,223) and Receivables within one year (+€29,291)
- Receivables within one year -€29,291
down €29,291 (-39.9%), from €73,337 to €44,046
of which Trade receivables: -€33,010
- Tangible fixed assets -€22,404
down €22,404 (-20.5%), from €109,053 to €86,649
of which Furniture and vehicles: -€11,236
- Advances received -€29,174
down €29,174 (-67.6%), from €43,187 to €14,013
- Reserves +€28,249
up €28,249 (+29.5%), from €95,876 to €124,125
- Other debts +€27,105
up €27,105 (+17.0%), from €159,441 to €186,546
- Tax, wage and social debts +€13,645
up €13,645 (+55.6%), from €24,540 to €38,185
of which Taxes: +€11,850
- Trade debts +€4,620
up €4,620 (+55.6%), from €8,303 to €12,922
of which Suppliers: +€3,784
- Staff costs +€27,975
up €27,975 (+36.0%), from €77,790 to €105,765
- Gross operating margin +€11,102
up €11,102 (+6.1%), from €183,311 to €194,413
- Depreciation +€4,552
up €4,552 (+13.1%), from €34,671 to €39,223
- Other operating charges -€4,170
down €4,170 (-88.6%), from €4,708 to €538
- Financial charges +€3,028
up €3,028 (+55.5%), from €5,457 to €8,485
of which Financial charges: +€2,973
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 | €349,939 | €394,383 | +€44,445 | +12.7% |
| Fixed assets | 21/28 | €147,297 | €125,199 | -€22,099 | -15.0% |
| Intangible fixed assets | 21 | €27,247 | €27,551 | +€305 | +1.1% |
| Tangible fixed assets | 22/27 | €109,053 | €86,649 | -€22,404 | -20.5% |
| Land and buildings | 22 | €32,779 | €22,477 | -€10,302 | -31.4% |
| Plant, machinery and equipment | 23 | €7,266 | €6,401 | -€865 | -11.9% |
| Furniture and vehicles | 24 | €69,008 | €57,772 | -€11,236 | -16.3% |
| Financial fixed assets | 28 | €10,998 | €10,998 | = | 0.0% |
| Current assets | 29/58 | €202,641 | €269,185 | +€66,543 | +32.8% |
| Amounts receivable within one year | 40/41 | €73,337 | €44,046 | -€29,291 | -39.9% |
| Trade receivables | 40 | €73,337 | €40,327 | -€33,010 | -45.0% |
| Other amounts receivable | 41 | - | €3,719 | +€3,719 | |
| Cash at bank and in hand | 54/58 | €127,755 | €225,138 | +€97,383 | +76.2% |
| Deferred charges and accrued income | 490/1 | €1,549 | - | -€1,549 | |
| Total equity and liabilities | 10/49 | €349,939 | €394,383 | +€44,445 | +12.7% |
| Equity | 10/15 | €114,468 | €142,717 | +€28,249 | +24.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €95,876 | €124,125 | +€28,249 | +29.5% |
| Distributable reserves | 133 | €95,876 | €124,125 | +€28,249 | +29.5% |
| Amounts payable | 17/49 | €235,470 | €251,666 | +€16,196 | +6.9% |
| Amounts payable within one year | 42/48 | €235,470 | €251,666 | +€16,196 | +6.9% |
| Trade debts | 44 | €8,303 | €12,922 | +€4,620 | +55.6% |
| Suppliers | 440/4 | €7,618 | €11,402 | +€3,784 | +49.7% |
| Bills of exchange payable | 441 | €684 | €1,520 | +€835 | +122.1% |
| Advances received on contracts in progress | 46 | €43,187 | €14,013 | -€29,174 | -67.6% |
| Taxes, remuneration and social security | 45 | €24,540 | €38,185 | +€13,645 | +55.6% |
| Taxes | 450/3 | €13,543 | €25,393 | +€11,850 | +87.5% |
| Remuneration and social security | 454/9 | €10,997 | €12,792 | +€1,796 | +16.3% |
| Other amounts payable | 47/48 | €159,441 | €186,546 | +€27,105 | +17.0% |
| Non-recurring operating income | 76A | €4 | €22 | +€18 | +393.8% |
| Remuneration, social security and pensions | 62 | €77,790 | €105,765 | +€27,975 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,671 | €39,223 | +€4,552 | +13.1% |
| Other operating charges | 640/8 | €4,708 | €538 | -€4,170 | -88.6% |
| Non-recurring operating charges | 66A | - | €40 | +€40 | |
| Gross operating margin | 9900 | €183,311 | €194,413 | +€11,102 | +6.1% |
| Operating profit (loss) | 9901 | €66,143 | €48,847 | -€17,296 | -26.1% |
| Financial charges | 65/66B | €5,457 | €8,485 | +€3,028 | +55.5% |
| Recurring financial charges | 65 | €5,452 | €8,425 | +€2,973 | +54.5% |
| Non-recurring financial charges | 66B | €5 | €59 | +€55 | +1181.5% |
| Profit (loss) for the period before taxes | 9903 | €60,687 | €40,363 | -€20,324 | -33.5% |
| Transfer from deferred taxes | 780 | €1,221 | - | -€1,221 | |
| Income taxes | 67/77 | €10,323 | €11,281 | +€958 | +9.3% |
| Profit (loss) for the period | 9904 | €51,585 | €29,082 | -€22,503 | -43.6% |
| Transfer from tax-exempt reserves | 789 | €2,375 | - | -€2,375 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,960 | €29,082 | -€24,878 | -46.1% |
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.