DMSDP: 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.
DMSDP
Largest movements
- Current investments -€580,000
down €580,000 (-100%), from €580,000 to €0
- Deferred charges and accrued income +€103,748
up €103,748 (+25.1%), from €413,506 to €517,254
- Receivables within one year -€60,584
down €60,584 (-38.8%), from €155,970 to €95,385
of which Other amounts receivable: -€75,040
- Financial fixed assets -€60,533
down €60,533 (-2.8%), from €2.2m to €2.1m
- Cash +€40,037
up €40,037 (+529%), from €7,570 to €47,606
mainly Current investments (+€580,000) and Net result for the year (+€386,341)
- Debts after one year -€609,869
down €609,869 (-51.2%), from €1.2m to €580,146
of which Other amounts payable: -€420,000
- Trade debts +€286,950
up €286,950 (+16,173%), from €1,774 to €288,724
- Tax, wage and social debts -€209,706
down €209,706 (-86.3%), from €242,893 to €33,187
- Other debts +€122,196
up €122,196 (+67.3%), from €181,666 to €303,862
- Accrued charges and deferred income -€101,750
down €101,750 (-80.1%), from €127,089 to €25,339
- Financial income -€48,395
down €48,395 (-44.0%), from €110,079 to €61,684
of which Non-recurring financial income: -€50,229
- Gross operating margin -€46,866
down €46,866 (-9.3%), from €504,917 to €458,050
- Taxes -€10,517
down €10,517 (-8.9%), from €118,167 to €107,650
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 | €3,344,781 | €2,809,447 | -€535,334 | -16.0% |
| Fixed assets | 21/28 | €2,162,735 | €2,102,202 | -€60,533 | -2.8% |
| Financial fixed assets | 28 | €2,162,735 | €2,102,202 | -€60,533 | -2.8% |
| Current assets | 29/58 | €1,182,046 | €707,246 | -€474,800 | -40.2% |
| Amounts receivable after more than one year | 29 | €25,000 | €47,000 | +€22,000 | +88.0% |
| Other amounts receivable | 291 | €25,000 | €47,000 | +€22,000 | +88.0% |
| Amounts receivable within one year | 40/41 | €155,970 | €95,385 | -€60,584 | -38.8% |
| Trade receivables | 40 | €39,930 | €54,385 | +€14,455 | +36.2% |
| Other amounts receivable | 41 | €116,040 | €41,000 | -€75,040 | -64.7% |
| Current investments | 50/53 | €580,000 | €0 | -€580,000 | -100% |
| Cash at bank and in hand | 54/58 | €7,570 | €47,606 | +€40,037 | +529% |
| Deferred charges and accrued income | 490/1 | €413,506 | €517,254 | +€103,748 | +25.1% |
| Total equity and liabilities | 10/49 | €3,344,781 | €2,809,447 | -€535,334 | -16.0% |
| Equity | 10/15 | €1,343,008 | €1,274,349 | -€68,659 | -5.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,323,000 | €1,254,000 | -€69,000 | -5.2% |
| Distributable reserves | 133 | €1,323,000 | €1,254,000 | -€69,000 | -5.2% |
| Profit (loss) carried forward | 14 | €8 | €349 | +€341 | +4,198% |
| Amounts payable | 17/49 | €2,001,773 | €1,535,098 | -€466,675 | -23.3% |
| Amounts payable after more than one year | 17 | €1,190,015 | €580,146 | -€609,869 | -51.2% |
| Financial debts | 170/4 | €720,015 | €530,146 | -€189,869 | -26.4% |
| Other amounts payable | 178/9 | €470,000 | €50,000 | -€420,000 | -89.4% |
| Amounts payable within one year | 42/48 | €684,669 | €929,613 | +€244,943 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €258,335 | €259,869 | +€1,533 | +0.6% |
| Financial debts | 43 | - | €43,970 | +€43,970 | |
| Credit institutions | 430/8 | - | €43,970 | +€43,970 | |
| Trade debts | 44 | €1,774 | €288,724 | +€286,950 | +16,173% |
| Suppliers | 440/4 | €1,774 | €288,724 | +€286,950 | +16,173% |
| Taxes, remuneration and social security | 45 | €242,893 | €33,187 | -€209,706 | -86.3% |
| Taxes | 450/3 | €242,893 | €33,187 | -€209,706 | -86.3% |
| Other amounts payable | 47/48 | €181,666 | €303,862 | +€122,196 | +67.3% |
| Accrued charges and deferred income | 492/3 | €127,089 | €25,339 | -€101,750 | -80.1% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €504,917 | €458,050 | -€46,866 | -9.3% |
| Operating profit (loss) | 9901 | €503,823 | €456,924 | -€46,899 | -9.3% |
| Financial income | 75/76B | €110,079 | €61,684 | -€48,395 | -44.0% |
| Recurring financial income | 75 | €10,383 | €12,217 | +€1,834 | +17.7% |
| Non-recurring financial income | 76B | €99,696 | €49,467 | -€50,229 | -50.4% |
| Financial charges | 65/66B | €21,539 | €24,616 | +€3,077 | +14.3% |
| Recurring financial charges | 65 | €21,539 | €24,616 | +€3,077 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €592,363 | €493,991 | -€98,372 | -16.6% |
| Income taxes | 67/77 | €118,167 | €107,650 | -€10,517 | -8.9% |
| Profit (loss) for the period | 9904 | €474,196 | €386,341 | -€87,855 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €474,196 | €386,341 | -€87,855 | -18.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.