DS ACTIVITY: 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.
DS ACTIVITY
Largest movements
- Receivables within one year +€11,180
up €11,180 (+43.5%), from €25,676 to €36,856
of which Trade receivables: +€12,000
- Other debts +€27,364
up €27,364 (+9.4%), from €292,278 to €319,642
- Current portion of long-term debt -€10,633
down €10,633 (-100.0%), from €10,633 to €0
- Accrued charges and deferred income -€8,087
down €8,087 (-100.0%), from €8,087 to €0
- Gross operating margin +€1,766
up €1,766 (+22.3%), from €7,920 to €9,686
- Financial charges +€588
up €588 (+6.6%), from €8,865 to €9,453
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 | €575,676 | €587,306 | +€11,630 | +2.0% |
| Fixed assets | 21/28 | €550,000 | €550,000 | = | 0.0% |
| Financial fixed assets | 28 | €550,000 | €550,000 | = | 0.0% |
| Current assets | 29/58 | €25,676 | €37,306 | +€11,630 | +45.3% |
| Amounts receivable within one year | 40/41 | €25,676 | €36,856 | +€11,180 | +43.5% |
| Trade receivables | 40 | €24,000 | €36,000 | +€12,000 | +50.0% |
| Other amounts receivable | 41 | €1,676 | €856 | -€820 | -48.9% |
| Cash at bank and in hand | 54/58 | €0 | €450 | +€450 | |
| Total equity and liabilities | 10/49 | €575,676 | €587,306 | +€11,630 | +2.0% |
| Equity | 10/15 | €260,559 | €260,178 | -€381 | -0.1% |
| Contributions | 10/11 | €100,100 | €100,100 | = | 0.0% |
| Capital | 10 | €100,100 | €100,100 | = | 0.0% |
| Issued capital | 100 | €100,100 | €100,100 | = | 0.0% |
| Reserves | 13 | €8,778 | €8,778 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,778 | €8,778 | = | 0.0% |
| Legal reserve | 130 | €8,778 | €8,778 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,681 | €151,300 | -€381 | -0.3% |
| Amounts payable | 17/49 | €315,116 | €327,128 | +€12,012 | +3.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €307,030 | €327,128 | +€20,098 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €10,633 | €0 | -€10,633 | -100.0% |
| Trade debts | 44 | €3,691 | €7,486 | +€3,795 | +102.8% |
| Suppliers | 440/4 | €3,691 | €7,486 | +€3,795 | +102.8% |
| Taxes, remuneration and social security | 45 | €428 | €0 | -€428 | -100.0% |
| Taxes | 450/3 | €428 | €0 | -€428 | -100.0% |
| Other amounts payable | 47/48 | €292,278 | €319,642 | +€27,364 | +9.4% |
| Accrued charges and deferred income | 492/3 | €8,087 | €0 | -€8,087 | -100.0% |
| Other operating charges | 640/8 | €583 | €614 | +€31 | +5.3% |
| Gross operating margin | 9900 | €7,920 | €9,686 | +€1,766 | +22.3% |
| Operating profit (loss) | 9901 | €7,337 | €9,072 | +€1,735 | +23.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,865 | €9,453 | +€588 | +6.6% |
| Recurring financial charges | 65 | €8,865 | €9,453 | +€588 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,529 | -€381 | +€1,148 | +75.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,529 | -€381 | +€1,148 | +75.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,529 | -€381 | +€1,148 | +75.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.