DS-MANAGEMENT: 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.
DS-MANAGEMENT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Current portion of long-term debt -€16,814
no longer reported in 2025 (was €16,814)
- Reserves +€14,687
up €14,687 (+64.8%), from €22,676 to €37,363
- Other debts +€1,924
up €1,924 (+11.1%), from €17,378 to €19,302
- Financial income +€2,000
up €2,000 (+13.3%), from €15,000 to €17,000
- Purchases and services +€518
new in 2025: €518
- Financial charges -€229
down €229 (-41.2%), from €555 to €327
- Taxes +€208
up €208 (+16.5%), from €1,261 to €1,469
- Gross operating margin +€55
up €55 (+9.5%), from -€572 to -€518
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 | €140,022 | €140,000 | -€22 | 0.0% |
| Fixed assets | 21/28 | €140,000 | €140,000 | = | 0.0% |
| Financial fixed assets | 28 | €140,000 | €140,000 | = | 0.0% |
| Current assets | 29/58 | €22 | - | -€22 | |
| Cash at bank and in hand | 54/58 | €22 | - | -€22 | |
| Total equity and liabilities | 10/49 | €140,022 | €140,000 | -€22 | 0.0% |
| Equity | 10/15 | €103,282 | €117,969 | +€14,687 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,676 | €37,363 | +€14,687 | +64.8% |
| Distributable reserves | 133 | €22,676 | €37,363 | +€14,687 | +64.8% |
| Profit (loss) carried forward | 14 | €62,005 | €62,005 | = | 0.0% |
| Amounts payable | 17/49 | €36,740 | €22,031 | -€14,709 | -40.0% |
| Amounts payable within one year | 42/48 | €36,740 | €22,031 | -€14,709 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €16,814 | - | -€16,814 | |
| Taxes, remuneration and social security | 45 | €2,548 | €2,730 | +€182 | +7.1% |
| Taxes | 450/3 | €2,548 | €2,730 | +€182 | +7.1% |
| Other amounts payable | 47/48 | €17,378 | €19,302 | +€1,924 | +11.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €518 | +€518 | |
| Gross operating margin | 9900 | -€572 | -€518 | +€55 | +9.5% |
| Operating profit (loss) | 9901 | -€572 | -€518 | +€55 | +9.5% |
| Financial income | 75/76B | €15,000 | €17,000 | +€2,000 | +13.3% |
| Recurring financial income | 75 | €15,000 | €17,000 | +€2,000 | +13.3% |
| Financial charges | 65/66B | €555 | €327 | -€229 | -41.2% |
| Recurring financial charges | 65 | €555 | €327 | -€229 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €13,872 | €16,156 | +€2,283 | +16.5% |
| Income taxes | 67/77 | €1,261 | €1,469 | +€208 | +16.5% |
| Profit (loss) for the period | 9904 | €12,611 | €14,687 | +€2,076 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,611 | €14,687 | +€2,076 | +16.5% |
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 4 October 2026 via checked.be.