DRS VDS-DTH: 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.
DRS VDS-DTH
Largest movements
- Tangible fixed assets -€8,767
down €8,767 (-6.2%), from €141,726 to €132,958
of which Land and buildings: -€5,634
- Other debts -€18,147
down €18,147 (-20.0%), from €90,828 to €72,680
- Reserves +€15,000
up €15,000 (+42.1%), from €35,660 to €50,660
of which Distributable reserves: +€15,000
- Current portion of long-term debt -€6,352
down €6,352 (-74.4%), from €8,539 to €2,187
- Tax, wage and social debts +€2,439
up €2,439 (+44.4%), from €5,497 to €7,936
- Debts after one year -€2,187
down €2,187 (-9.9%), from €22,187 to €20,000
- Gross operating margin +€5,545
up €5,545 (+9.3%), from €59,821 to €65,366
- Taxes +€2,199
up €2,199 (+40.0%), from €5,497 to €7,696
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 | €184,934 | €175,920 | -€9,014 | -4.9% |
| Fixed assets | 21/28 | €141,726 | €132,958 | -€8,767 | -6.2% |
| Tangible fixed assets | 22/27 | €141,726 | €132,958 | -€8,767 | -6.2% |
| Land and buildings | 22 | €131,650 | €126,016 | -€5,634 | -4.3% |
| Furniture and vehicles | 24 | €10,076 | €6,943 | -€3,133 | -31.1% |
| Current assets | 29/58 | €43,209 | €42,962 | -€247 | -0.6% |
| Cash at bank and in hand | 54/58 | €43,209 | €42,962 | -€247 | -0.6% |
| Total equity and liabilities | 10/49 | €184,934 | €175,920 | -€9,014 | -4.9% |
| Equity | 10/15 | €54,564 | €70,169 | +€15,604 | +28.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,660 | €50,660 | +€15,000 | +42.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,800 | €48,800 | +€15,000 | +44.4% |
| Profit (loss) carried forward | 14 | €304 | €909 | +€604 | +198% |
| Amounts payable | 17/49 | €130,370 | €105,751 | -€24,618 | -18.9% |
| Amounts payable after more than one year | 17 | €22,187 | €20,000 | -€2,187 | -9.9% |
| Financial debts | 170/4 | €22,187 | €20,000 | -€2,187 | -9.9% |
| Amounts payable within one year | 42/48 | €108,183 | €85,751 | -€22,432 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €8,539 | €2,187 | -€6,352 | -74.4% |
| Trade debts | 44 | €3,320 | €2,948 | -€371 | -11.2% |
| Suppliers | 440/4 | €3,320 | €2,948 | -€371 | -11.2% |
| Taxes, remuneration and social security | 45 | €5,497 | €7,936 | +€2,439 | +44.4% |
| Taxes | 450/3 | €5,497 | €7,936 | +€2,439 | +44.4% |
| Other amounts payable | 47/48 | €90,828 | €72,680 | -€18,147 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,782 | €9,866 | +€84 | +0.9% |
| Other operating charges | 640/8 | €384 | €758 | +€373 | +97.1% |
| Gross operating margin | 9900 | €59,821 | €65,366 | +€5,545 | +9.3% |
| Operating profit (loss) | 9901 | €49,655 | €54,742 | +€5,087 | +10.2% |
| Financial charges | 65/66B | €1,889 | €1,441 | -€447 | -23.7% |
| Recurring financial charges | 65 | €1,889 | €1,441 | -€447 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €47,766 | €53,301 | +€5,534 | +11.6% |
| Income taxes | 67/77 | €5,497 | €7,696 | +€2,199 | +40.0% |
| Profit (loss) for the period | 9904 | €42,269 | €45,604 | +€3,335 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,269 | €45,604 | +€3,335 | +7.9% |
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 14 October 2026 via checked.be.