DJOSER: 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.
DJOSER
Largest movements
- Cash -€178,575
down €178,575 (-75.9%), from €235,235 to €56,660
mainly Receivables within one year (-€147,677) and Investment in fixed assets (net) (-€64,520)
- Receivables within one year +€147,677
up €147,677 (+52.2%), from €282,821 to €430,497
of which Trade receivables: +€147,571
- Tangible fixed assets +€47,695
up €47,695 (+28.2%), from €169,374 to €217,069
of which Furniture and vehicles: +€43,877
- Profit (loss) carried forward +€23,722
up €23,722 (+7.5%), from €316,179 to €339,902
- Trade debts -€16,652
down €16,652 (-74.5%), from €22,350 to €5,698
- Tax, wage and social debts +€14,960
up €14,960 (+58.3%), from €25,675 to €40,635
of which Remuneration and social security: +€13,051
- Gross operating margin +€72,008
up €72,008 (+48.0%), from €149,987 to €221,996
- Staff costs +€65,360
up €65,360 (+65.1%), from €100,359 to €165,719
- Depreciation +€7,354
up €7,354 (+77.7%), from €9,470 to €16,824
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 | €690,362 | €712,789 | +€22,427 | +3.2% |
| Fixed assets | 21/28 | €169,885 | €217,580 | +€47,695 | +28.1% |
| Tangible fixed assets | 22/27 | €169,374 | €217,069 | +€47,695 | +28.2% |
| Land and buildings | 22 | €166,257 | €170,075 | +€3,818 | +2.3% |
| Furniture and vehicles | 24 | €3,117 | €46,994 | +€43,877 | +1407.7% |
| Financial fixed assets | 28 | €511 | €511 | = | 0.0% |
| Current assets | 29/58 | €520,477 | €495,209 | -€25,268 | -4.9% |
| Amounts receivable within one year | 40/41 | €282,821 | €430,497 | +€147,677 | +52.2% |
| Trade receivables | 40 | €279,141 | €426,711 | +€147,571 | +52.9% |
| Other amounts receivable | 41 | €3,680 | €3,786 | +€106 | +2.9% |
| Cash at bank and in hand | 54/58 | €235,235 | €56,660 | -€178,575 | -75.9% |
| Deferred charges and accrued income | 490/1 | €2,422 | €8,052 | +€5,630 | +232.5% |
| Total equity and liabilities | 10/49 | €690,362 | €712,789 | +€22,427 | +3.2% |
| Equity | 10/15 | €641,959 | €665,681 | +€23,722 | +3.7% |
| Contributions | 10/11 | €167,328 | €167,328 | = | 0.0% |
| Revaluation surpluses | 12 | €122,968 | €122,968 | = | 0.0% |
| Reserves | 13 | €35,483 | €35,483 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,733 | €16,733 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,733 | €16,733 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €316,179 | €339,902 | +€23,722 | +7.5% |
| Amounts payable | 17/49 | €48,404 | €47,109 | -€1,295 | -2.7% |
| Amounts payable within one year | 42/48 | €48,115 | €46,424 | -€1,692 | -3.5% |
| Trade debts | 44 | €22,350 | €5,698 | -€16,652 | -74.5% |
| Suppliers | 440/4 | €22,350 | €5,698 | -€16,652 | -74.5% |
| Taxes, remuneration and social security | 45 | €25,675 | €40,635 | +€14,960 | +58.3% |
| Taxes | 450/3 | €12,415 | €14,325 | +€1,909 | +15.4% |
| Remuneration and social security | 454/9 | €13,260 | €26,311 | +€13,051 | +98.4% |
| Other amounts payable | 47/48 | €90 | €90 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €288 | €685 | +€396 | +137.5% |
| Non-recurring operating income | 76A | €100 | €2,115 | +€2,014 | +2010.3% |
| Remuneration, social security and pensions | 62 | €100,359 | €165,719 | +€65,360 | +65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,470 | €16,824 | +€7,354 | +77.7% |
| Other operating charges | 640/8 | €4,037 | €2,502 | -€1,536 | -38.0% |
| Non-recurring operating charges | 66A | €199 | €0 | -€199 | -100.0% |
| Gross operating margin | 9900 | €149,987 | €221,996 | +€72,008 | +48.0% |
| Operating profit (loss) | 9901 | €35,922 | €36,951 | +€1,028 | +2.9% |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €510 | €522 | +€11 | +2.2% |
| Recurring financial charges | 65 | €510 | €522 | +€11 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €35,412 | €36,430 | +€1,019 | +2.9% |
| Income taxes | 67/77 | €11,751 | €12,708 | +€957 | +8.1% |
| Profit (loss) for the period | 9904 | €23,661 | €23,722 | +€61 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,661 | €23,722 | +€61 | +0.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.