DS Imagerie: 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 Imagerie
Largest movements
- Cash -€93,130
down €93,130 (-32.2%), from €289,186 to €196,056
mainly Tax, wage and social debts (-€51,400) and Receivables within one year (-€50,365)
- Receivables within one year +€50,365
up €50,365 (+41.7%), from €120,713 to €171,078
of which Other amounts receivable: +€30,421
- Tangible fixed assets -€15,551
down €15,551 (-40.1%), from €38,743 to €23,192
of which Furniture and vehicles: -€13,631
- Tax, wage and social debts -€51,400
down €51,400 (-99.7%), from €51,547 to €147
- Current portion of long-term debt -€12,720
no longer reported in 2025 (was €12,720)
- Reserves +€10,078
up €10,078 (+2.7%), from €376,950 to €387,028
- Gross operating margin -€46,564
down €46,564 (-64.7%), from €72,006 to €25,443
- Taxes -€16,017
down €16,017 (-80.6%), from €19,879 to €3,862
- Financial income +€2,092
up €2,092 (+35.7%), from €5,861 to €7,954
- Financial charges +€1,044
up €1,044 (+233%), from €447 to €1,491
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 | €448,801 | €390,337 | -€58,464 | -13.0% |
| Fixed assets | 21/28 | €38,743 | €23,192 | -€15,551 | -40.1% |
| Tangible fixed assets | 22/27 | €38,743 | €23,192 | -€15,551 | -40.1% |
| Plant, machinery and equipment | 23 | €371 | €212 | -€159 | -42.9% |
| Furniture and vehicles | 24 | €23,860 | €10,229 | -€13,631 | -57.1% |
| Other tangible fixed assets | 26 | €14,512 | €12,750 | -€1,762 | -12.1% |
| Current assets | 29/58 | €410,058 | €367,146 | -€42,912 | -10.5% |
| Amounts receivable within one year | 40/41 | €120,713 | €171,078 | +€50,365 | +41.7% |
| Trade receivables | 40 | €6,200 | €26,144 | +€19,944 | +322% |
| Other amounts receivable | 41 | €114,513 | €144,934 | +€30,421 | +26.6% |
| Cash at bank and in hand | 54/58 | €289,186 | €196,056 | -€93,130 | -32.2% |
| Deferred charges and accrued income | 490/1 | €159 | €12 | -€148 | -92.7% |
| Total equity and liabilities | 10/49 | €448,801 | €390,337 | -€58,464 | -13.0% |
| Equity | 10/15 | €379,450 | €389,528 | +€10,078 | +2.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €376,950 | €387,028 | +€10,078 | +2.7% |
| Distributable reserves | 133 | €376,950 | €387,028 | +€10,078 | +2.7% |
| Amounts payable | 17/49 | €69,352 | €809 | -€68,542 | -98.8% |
| Amounts payable within one year | 42/48 | €69,352 | €809 | -€68,542 | -98.8% |
| Current portion of amounts payable after more than one year | 42 | €12,720 | - | -€12,720 | |
| Trade debts | 44 | €5,084 | €662 | -€4,422 | -87.0% |
| Suppliers | 440/4 | €5,084 | €662 | -€4,422 | -87.0% |
| Taxes, remuneration and social security | 45 | €51,547 | €147 | -€51,400 | -99.7% |
| Taxes | 450/3 | €51,547 | €147 | -€51,400 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,544 | €16,581 | +€38 | +0.2% |
| Other operating charges | 640/8 | €1,520 | €1,383 | -€137 | -9.0% |
| Gross operating margin | 9900 | €72,006 | €25,443 | -€46,564 | -64.7% |
| Operating profit (loss) | 9901 | €53,943 | €7,478 | -€46,465 | -86.1% |
| Financial income | 75/76B | €5,861 | €7,954 | +€2,092 | +35.7% |
| Recurring financial income | 75 | €5,861 | €7,954 | +€2,092 | +35.7% |
| Financial charges | 65/66B | €447 | €1,491 | +€1,044 | +233% |
| Recurring financial charges | 65 | €447 | €1,491 | +€1,044 | +233% |
| Profit (loss) for the period before taxes | 9903 | €59,357 | €13,941 | -€45,416 | -76.5% |
| Income taxes | 67/77 | €19,879 | €3,862 | -€16,017 | -80.6% |
| Profit (loss) for the period | 9904 | €39,478 | €10,078 | -€29,400 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,478 | €10,078 | -€29,400 | -74.5% |
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 20 October 2026 via checked.be.