DOST: 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.
DOST
Largest movements
- Tangible fixed assets +€308,284
up €308,284 (+628.2%), from €49,076 to €357,360
of which Land and buildings: +€333,007
- Receivables after one year -€33,000
no longer reported in 2024 (was €33,000)
- Cash -€28,453
down €28,453 (-77.2%), from €36,872 to €8,418
mainly Investment in fixed assets (net) (-€342,088) and Trade debts (-€69,071)
- Stocks and contracts +€15,055
up €15,055 (+8.4%), from €179,280 to €194,336
- Receivables within one year +€14,098
up €14,098 (+39.8%), from €35,382 to €49,480
of which Other amounts receivable: +€29,098
- Debts after one year +€297,155
up €297,155 (+1569.4%), from €18,934 to €316,090
- Trade debts -€69,071
down €69,071 (-46.7%), from €147,966 to €78,895
- Investment grants +€29,550
new in 2024: €29,550
- Profit (loss) carried forward +€26,877
up €26,877 (+27.7%), from €96,949 to €123,826
- Other debts -€23,574
down €23,574 (-57.7%), from €40,882 to €17,308
- Purchases and services -€2.8m
no longer reported in 2024 (was €2.8m)
- Staff costs -€40,262
down €40,262 (-57.8%), from €69,705 to €29,442
- Financial charges +€29,313
up €29,313, from -€4,197 to €25,115
- Other operating charges +€13,807
up €13,807 (+885.2%), from €1,560 to €15,367
- Gross operating margin -€7,629
down €7,629 (-5.3%), from €144,632 to €137,004
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €363,706 | €639,856 | +€276,150 | +75.9% |
| Fixed assets | 21/28 | €78,453 | €386,737 | +€308,284 | +393.0% |
| Tangible fixed assets | 22/27 | €49,076 | €357,360 | +€308,284 | +628.2% |
| Land and buildings | 22 | - | €333,007 | +€333,007 | |
| Plant, machinery and equipment | 23 | €8,116 | €8,094 | -€22 | -0.3% |
| Furniture and vehicles | 24 | €20,245 | €4,718 | -€15,526 | -76.7% |
| Other tangible fixed assets | 26 | €20,715 | €11,541 | -€9,174 | -44.3% |
| Financial fixed assets | 28 | €29,378 | €29,378 | = | 0.0% |
| Current assets | 29/58 | €285,253 | €253,118 | -€32,134 | -11.3% |
| Amounts receivable after more than one year | 29 | €33,000 | - | -€33,000 | |
| Other amounts receivable | 291 | €33,000 | - | -€33,000 | |
| Stocks and contracts in progress | 3 | €179,280 | €194,336 | +€15,055 | +8.4% |
| Stocks | 30/36 | €179,280 | €194,336 | +€15,055 | +8.4% |
| Amounts receivable within one year | 40/41 | €35,382 | €49,480 | +€14,098 | +39.8% |
| Trade receivables | 40 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 41 | €20,382 | €49,480 | +€29,098 | +142.8% |
| Cash at bank and in hand | 54/58 | €36,872 | €8,418 | -€28,453 | -77.2% |
| Deferred charges and accrued income | 490/1 | €719 | €884 | +€165 | +23.0% |
| Total equity and liabilities | 10/49 | €363,706 | €639,856 | +€276,150 | +75.9% |
| Equity | 10/15 | €117,849 | €174,276 | +€56,427 | +47.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Other | 1109/19 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,949 | €123,826 | +€26,877 | +27.7% |
| Investment grants | 15 | - | €29,550 | +€29,550 | |
| Amounts payable | 17/49 | €245,857 | €465,580 | +€219,723 | +89.4% |
| Amounts payable after more than one year | 17 | €18,934 | €316,090 | +€297,155 | +1569.4% |
| Financial debts | 170/4 | €18,934 | €316,090 | +€297,155 | +1569.4% |
| Amounts payable within one year | 42/48 | €226,923 | €149,490 | -€77,433 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €12,088 | €29,777 | +€17,689 | +146.3% |
| Financial debts | 43 | €5,851 | €6,085 | +€233 | +4.0% |
| Credit institutions | 430/8 | €5,851 | €6,085 | +€233 | +4.0% |
| Trade debts | 44 | €147,966 | €78,895 | -€69,071 | -46.7% |
| Suppliers | 440/4 | €147,966 | €78,895 | -€69,071 | -46.7% |
| Taxes, remuneration and social security | 45 | €20,134 | €17,425 | -€2,709 | -13.5% |
| Taxes | 450/3 | €11,732 | €13,582 | +€1,851 | +15.8% |
| Remuneration and social security | 454/9 | €8,403 | €3,843 | -€4,560 | -54.3% |
| Other amounts payable | 47/48 | €40,882 | €17,308 | -€23,574 | -57.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,771,064 | - | -€2.8m | |
| Remuneration, social security and pensions | 62 | €69,705 | €29,442 | -€40,262 | -57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,625 | €33,804 | +€6,179 | +22.4% |
| Other operating charges | 640/8 | €1,560 | €15,367 | +€13,807 | +885.2% |
| Gross operating margin | 9900 | €144,632 | €137,004 | -€7,629 | -5.3% |
| Operating profit (loss) | 9901 | €45,743 | €58,390 | +€12,647 | +27.6% |
| Financial income | 75/76B | €396 | €453 | +€56 | +14.2% |
| Recurring financial income | 75 | €396 | €453 | +€56 | +14.2% |
| Financial charges | 65/66B | -€4,197 | €25,115 | +€29,313 | |
| Recurring financial charges | 65 | -€4,197 | €25,115 | +€29,313 | |
| Profit (loss) for the period before taxes | 9903 | €50,337 | €33,728 | -€16,609 | -33.0% |
| Income taxes | 67/77 | €11,732 | €6,851 | -€4,882 | -41.6% |
| Profit (loss) for the period | 9904 | €38,605 | €26,877 | -€11,728 | -30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,605 | €26,877 | -€11,728 | -30.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.