DR.SP: 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.
DR.SP
Largest movements
- Cash -€19,720
down €19,720 (-21.4%), from €92,194 to €72,474
mainly Contributions, distributions and other (-€80,204) and Tax, wage and social debts (-€13,398)
- Deferred charges and accrued income +€5,560
up €5,560 (+43.6%), from €12,752 to €18,312
- Receivables within one year -€4,734
down €4,734 (-100.0%), from €4,734 to €0
- Tax, wage and social debts -€13,398
down €13,398 (-59.4%), from €22,542 to €9,145
- Other debts -€6,259
down €6,259 (-6.5%), from €96,452 to €90,194
- Gross operating margin -€9,039
down €9,039 (-7.7%), from €117,974 to €108,935
- Financial income -€6,344
down €6,344 (-96.3%), from €6,587 to €243
- Taxes -€4,179
down €4,179 (-16.5%), from €25,309 to €21,130
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 | €121,995 | €102,338 | -€19,656 | -16.1% |
| Fixed assets | 21/28 | €2,090 | €1,327 | -€763 | -36.5% |
| Tangible fixed assets | 22/27 | €2,090 | €1,327 | -€763 | -36.5% |
| Furniture and vehicles | 24 | €2,090 | €1,327 | -€763 | -36.5% |
| Current assets | 29/58 | €119,905 | €101,011 | -€18,894 | -15.8% |
| Amounts receivable within one year | 40/41 | €4,734 | €0 | -€4,734 | -100.0% |
| Trade receivables | 40 | €4,734 | €0 | -€4,734 | -100.0% |
| Current investments | 50/53 | €10,225 | €10,225 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €92,194 | €72,474 | -€19,720 | -21.4% |
| Deferred charges and accrued income | 490/1 | €12,752 | €18,312 | +€5,560 | +43.6% |
| Total equity and liabilities | 10/49 | €121,995 | €102,338 | -€19,656 | -16.1% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €118,995 | €99,338 | -€19,656 | -16.5% |
| Amounts payable within one year | 42/48 | €118,995 | €99,338 | -€19,656 | -16.5% |
| Taxes, remuneration and social security | 45 | €22,542 | €9,145 | -€13,398 | -59.4% |
| Taxes | 450/3 | €22,542 | €9,145 | -€13,398 | -59.4% |
| Other amounts payable | 47/48 | €96,452 | €90,194 | -€6,259 | -6.5% |
| Remuneration, social security and pensions | 62 | €5,060 | €4,227 | -€832 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198 | €763 | +€565 | +285.3% |
| Other operating charges | 640/8 | €669 | €798 | +€129 | +19.3% |
| Gross operating margin | 9900 | €117,974 | €108,935 | -€9,039 | -7.7% |
| Operating profit (loss) | 9901 | €112,048 | €103,147 | -€8,900 | -7.9% |
| Financial income | 75/76B | €6,587 | €243 | -€6,344 | -96.3% |
| Recurring financial income | 75 | €6,587 | €243 | -€6,344 | -96.3% |
| Financial charges | 65/66B | €2,329 | €2,057 | -€272 | -11.7% |
| Recurring financial charges | 65 | €2,329 | €2,057 | -€272 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €116,306 | €101,334 | -€14,972 | -12.9% |
| Income taxes | 67/77 | €25,309 | €21,130 | -€4,179 | -16.5% |
| Profit (loss) for the period | 9904 | €90,997 | €80,204 | -€10,793 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €90,997 | €80,204 | -€10,793 | -11.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.