DISPRIMO: 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.
DISPRIMO
Largest movements
- Cash -€392,480
down €392,480 (-58.7%), from €669,141 to €276,661
mainly Investment in fixed assets (net) (-€311,671) and Receivables within one year (-€153,221)
- Financial fixed assets +€244,047
up €244,047 (+60.5%), from €403,390 to €647,437
- Receivables within one year +€153,221
up €153,221 (+104.8%), from €146,197 to €299,418
of which Trade receivables: +€95,810
- Current investments -€99,498
down €99,498 (-33.2%), from €300,000 to €200,502
- Reserves +€105,200
up €105,200 (+10.9%), from €965,366 to €1.1m
of which Distributable reserves: +€105,200
- Trade debts -€93,125
down €93,125 (-49.9%), from €186,501 to €93,376
- Other debts -€87,746
down €87,746 (-32.9%), from €266,352 to €178,606
- Tax, wage and social debts -€37,921
down €37,921 (-28.5%), from €132,941 to €95,021
of which Taxes: -€47,524
- Gross operating margin -€174,215
down €174,215 (-16.3%), from €1.1m to €892,099
- Staff costs +€74,638
up €74,638 (+17.5%), from €425,950 to €500,587
- Taxes -€55,223
down €55,223 (-37.4%), from €147,690 to €92,467
- Financial income +€18,961
up €18,961 (+175.3%), from €10,814 to €29,775
- Depreciation +€13,842
up €13,842 (+20.9%), from €66,213 to €80,055
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 | €1,803,444 | €1,699,608 | -€103,836 | -5.8% |
| Fixed assets | 21/28 | €669,606 | €901,221 | +€231,615 | +34.6% |
| Tangible fixed assets | 22/27 | €266,216 | €253,784 | -€12,432 | -4.7% |
| Plant, machinery and equipment | 23 | €5,981 | €3,554 | -€2,426 | -40.6% |
| Furniture and vehicles | 24 | €161,985 | €151,777 | -€10,208 | -6.3% |
| Other tangible fixed assets | 26 | €98,250 | €98,453 | +€202 | +0.2% |
| Financial fixed assets | 28 | €403,390 | €647,437 | +€244,047 | +60.5% |
| Current assets | 29/58 | €1,133,838 | €798,387 | -€335,451 | -29.6% |
| Stocks and contracts in progress | 3 | €16,000 | €17,895 | +€1,895 | +11.8% |
| Stocks | 30/36 | €16,000 | €17,895 | +€1,895 | +11.8% |
| Amounts receivable within one year | 40/41 | €146,197 | €299,418 | +€153,221 | +104.8% |
| Trade receivables | 40 | €138,609 | €234,418 | +€95,810 | +69.1% |
| Other amounts receivable | 41 | €7,589 | €65,000 | +€57,411 | +756.5% |
| Current investments | 50/53 | €300,000 | €200,502 | -€99,498 | -33.2% |
| Cash at bank and in hand | 54/58 | €669,141 | €276,661 | -€392,480 | -58.7% |
| Deferred charges and accrued income | 490/1 | €2,500 | €3,911 | +€1,411 | +56.4% |
| Total equity and liabilities | 10/49 | €1,803,444 | €1,699,608 | -€103,836 | -5.8% |
| Equity | 10/15 | €1,071,554 | €1,178,249 | +€106,696 | +10.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €965,366 | €1,070,566 | +€105,200 | +10.9% |
| Non-distributable reserves | 130/1 | €23,563 | €23,563 | = | 0.0% |
| Legal reserve | 130 | €23,563 | €23,563 | = | 0.0% |
| Distributable reserves | 133 | €941,803 | €1,047,003 | +€105,200 | +11.2% |
| Profit (loss) carried forward | 14 | €44,688 | €46,183 | +€1,496 | +3.3% |
| Amounts payable | 17/49 | €731,891 | €521,359 | -€210,531 | -28.8% |
| Amounts payable after more than one year | 17 | €44,480 | €37,060 | -€7,419 | -16.7% |
| Financial debts | 170/4 | €44,480 | €37,060 | -€7,419 | -16.7% |
| Amounts payable within one year | 42/48 | €680,636 | €479,731 | -€200,905 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €26,847 | €40,976 | +€14,129 | +52.6% |
| Trade debts | 44 | €186,501 | €93,376 | -€93,125 | -49.9% |
| Suppliers | 440/4 | €186,501 | €93,376 | -€93,125 | -49.9% |
| Advances received on contracts in progress | 46 | €67,996 | €71,754 | +€3,757 | +5.5% |
| Taxes, remuneration and social security | 45 | €132,941 | €95,021 | -€37,921 | -28.5% |
| Taxes | 450/3 | €89,026 | €41,502 | -€47,524 | -53.4% |
| Remuneration and social security | 454/9 | €43,915 | €53,519 | +€9,603 | +21.9% |
| Other amounts payable | 47/48 | €266,352 | €178,606 | -€87,746 | -32.9% |
| Accrued charges and deferred income | 492/3 | €6,775 | €4,568 | -€2,207 | -32.6% |
| Remuneration, social security and pensions | 62 | €425,950 | €500,587 | +€74,638 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,213 | €80,055 | +€13,842 | +20.9% |
| Other operating charges | 640/8 | €3,691 | €2,536 | -€1,154 | -31.3% |
| Gross operating margin | 9900 | €1,066,314 | €892,099 | -€174,215 | -16.3% |
| Operating profit (loss) | 9901 | €570,460 | €308,920 | -€261,540 | -45.8% |
| Financial income | 75/76B | €10,814 | €29,775 | +€18,961 | +175.3% |
| Recurring financial income | 75 | €10,814 | €29,775 | +€18,961 | +175.3% |
| Financial charges | 65/66B | €10,663 | €9,732 | -€931 | -8.7% |
| Recurring financial charges | 65 | €10,663 | €9,732 | -€931 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €570,611 | €328,963 | -€241,648 | -42.3% |
| Income taxes | 67/77 | €147,690 | €92,467 | -€55,223 | -37.4% |
| Profit (loss) for the period | 9904 | €422,921 | €236,496 | -€186,426 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €422,921 | €236,496 | -€186,426 | -44.1% |
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 10 October 2026 via checked.be.