DOS: 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.
DOS
Largest movements
- Current investments -€28,253
down €28,253 (-5.5%), from €517,815 to €489,563
- Tangible fixed assets +€22,825
up €22,825 (+9.9%), from €230,583 to €253,408
of which Land and buildings: +€22,180
- Cash +€13,576
up €13,576 (+129.1%), from €10,519 to €24,095
mainly Net result for the year (+€38,993) and Depreciation (+€29,343)
- Reserves +€38,993
up €38,993 (+7.6%), from €514,242 to €553,235
- Other debts -€35,930
down €35,930 (-32.3%), from €111,097 to €75,167
- Tax, wage and social debts +€12,092
up €12,092 (+214.5%), from €5,638 to €17,729
- Gross operating margin +€37,394
up €37,394 (+84.8%), from €44,102 to €81,497
- Taxes +€12,495
up €12,495 (+240.2%), from €5,202 to €17,697
- Financial income +€11,669
up €11,669 (+187.4%), from €6,228 to €17,897
- Other operating charges -€1,083
down €1,083 (-15.3%), from €7,081 to €5,998
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 | €763,157 | €778,347 | +€15,190 | +2.0% |
| Fixed assets | 21/28 | €230,635 | €253,460 | +€22,825 | +9.9% |
| Tangible fixed assets | 22/27 | €230,583 | €253,408 | +€22,825 | +9.9% |
| Land and buildings | 22 | €225,567 | €247,747 | +€22,180 | +9.8% |
| Plant, machinery and equipment | 23 | €1,342 | €1,542 | +€199 | +14.9% |
| Furniture and vehicles | 24 | €3,673 | €4,119 | +€446 | +12.1% |
| Financial fixed assets | 28 | €52 | €52 | = | 0.0% |
| Current assets | 29/58 | €532,522 | €524,887 | -€7,635 | -1.4% |
| Amounts receivable within one year | 40/41 | €790 | €8,195 | +€7,405 | +937.6% |
| Trade receivables | 40 | €790 | €8,195 | +€7,405 | +937.6% |
| Current investments | 50/53 | €517,815 | €489,563 | -€28,253 | -5.5% |
| Cash at bank and in hand | 54/58 | €10,519 | €24,095 | +€13,576 | +129.1% |
| Deferred charges and accrued income | 490/1 | €3,398 | €3,035 | -€363 | -10.7% |
| Total equity and liabilities | 10/49 | €763,157 | €778,347 | +€15,190 | +2.0% |
| Equity | 10/15 | €532,792 | €571,785 | +€38,993 | +7.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €514,242 | €553,235 | +€38,993 | +7.6% |
| Distributable reserves | 133 | €514,242 | €553,235 | +€38,993 | +7.6% |
| Amounts payable | 17/49 | €230,365 | €206,562 | -€23,803 | -10.3% |
| Amounts payable after more than one year | 17 | €71,562 | €73,259 | +€1,697 | +2.4% |
| Financial debts | 170/4 | €71,562 | €73,259 | +€1,697 | +2.4% |
| Amounts payable within one year | 42/48 | €157,609 | €132,039 | -€25,570 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €33,810 | €35,155 | +€1,346 | +4.0% |
| Financial debts | 43 | €2,759 | €2,868 | +€110 | +4.0% |
| Credit institutions | 430/8 | €2,759 | €2,868 | +€110 | +4.0% |
| Trade debts | 44 | €4,307 | €1,120 | -€3,187 | -74.0% |
| Suppliers | 440/4 | €4,307 | €1,120 | -€3,187 | -74.0% |
| Taxes, remuneration and social security | 45 | €5,638 | €17,729 | +€12,092 | +214.5% |
| Taxes | 450/3 | €5,638 | €17,729 | +€12,092 | +214.5% |
| Other amounts payable | 47/48 | €111,097 | €75,167 | -€35,930 | -32.3% |
| Accrued charges and deferred income | 492/3 | €1,193 | €1,264 | +€71 | +5.9% |
| Non-recurring operating income | 76A | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,205 | €29,343 | +€138 | +0.5% |
| Other operating charges | 640/8 | €7,081 | €5,998 | -€1,083 | -15.3% |
| Non-recurring operating charges | 66A | - | €2,477 | +€2,477 | |
| Gross operating margin | 9900 | €44,102 | €81,497 | +€37,394 | +84.8% |
| Operating profit (loss) | 9901 | €7,816 | €43,678 | +€35,862 | +458.8% |
| Financial income | 75/76B | €6,228 | €17,897 | +€11,669 | +187.4% |
| Recurring financial income | 75 | €6,228 | €17,897 | +€11,669 | +187.4% |
| Financial charges | 65/66B | €4,312 | €4,885 | +€573 | +13.3% |
| Recurring financial charges | 65 | €4,312 | €4,885 | +€573 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €9,733 | €56,690 | +€46,958 | +482.5% |
| Income taxes | 67/77 | €5,202 | €17,697 | +€12,495 | +240.2% |
| Profit (loss) for the period | 9904 | €4,530 | €38,993 | +€34,462 | +760.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,530 | €38,993 | +€34,462 | +760.7% |
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 4 October 2026 via checked.be.