DS-P: 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-P
Largest movements
- Receivables within one year +€1,699
up €1,699 (+3.5%), from €48,824 to €50,523
of which Other amounts receivable: +€9,206
- Cash -€1,563
down €1,563 (-6.5%), from €24,169 to €22,607
mainly Contributions, distributions and other (-€34,000) and Investment in fixed assets (net) (-€2,331)
- Stocks and contracts -€1,281
no longer reported in 2025 (was €1,281)
- Tangible fixed assets -€1,022
down €1,022 (-16.7%), from €6,113 to €5,091
of which Furniture and vehicles: -€1,477
- Reserves -€4,410
down €4,410 (-96.9%), from €4,553 to €143
- Tax, wage and social debts +€4,113
up €4,113 (+22.3%), from €18,476 to €22,589
of which Remuneration and social security: +€5,223
- Trade debts -€1,432
down €1,432 (-32.4%), from €4,423 to €2,991
- Other debts -€1,000
down €1,000 (-2.9%), from €35,000 to €34,000
- Gross operating margin -€15,331
down €15,331 (-13.4%), from €114,426 to €99,095
- Taxes -€4,062
down €4,062 (-32.2%), from €12,620 to €8,558
- Staff costs +€1,423
up €1,423 (+2.6%), from €54,530 to €55,953
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 | €81,440 | €79,430 | -€2,010 | -2.5% |
| Fixed assets | 21/28 | €6,113 | €5,091 | -€1,022 | -16.7% |
| Tangible fixed assets | 22/27 | €6,113 | €5,091 | -€1,022 | -16.7% |
| Plant, machinery and equipment | 23 | €4,086 | €4,541 | +€456 | +11.2% |
| Furniture and vehicles | 24 | €2,027 | €550 | -€1,477 | -72.9% |
| Current assets | 29/58 | €75,327 | €74,339 | -€989 | -1.3% |
| Stocks and contracts in progress | 3 | €1,281 | - | -€1,281 | |
| Stocks | 30/36 | €1,281 | - | -€1,281 | |
| Amounts receivable within one year | 40/41 | €48,824 | €50,523 | +€1,699 | +3.5% |
| Trade receivables | 40 | €23,811 | €16,304 | -€7,507 | -31.5% |
| Other amounts receivable | 41 | €25,013 | €34,219 | +€9,206 | +36.8% |
| Cash at bank and in hand | 54/58 | €24,169 | €22,607 | -€1,563 | -6.5% |
| Deferred charges and accrued income | 490/1 | €1,053 | €1,209 | +€156 | +14.8% |
| Total equity and liabilities | 10/49 | €81,440 | €79,430 | -€2,010 | -2.5% |
| Equity | 10/15 | €23,153 | €18,743 | -€4,410 | -19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,553 | €143 | -€4,410 | -96.9% |
| Distributable reserves | 133 | €4,553 | €143 | -€4,410 | -96.9% |
| Amounts payable | 17/49 | €58,287 | €60,686 | +€2,400 | +4.1% |
| Amounts payable within one year | 42/48 | €57,899 | €60,287 | +€2,387 | +4.1% |
| Financial debts | 43 | - | €706 | +€706 | |
| Credit institutions | 430/8 | - | €706 | +€706 | |
| Trade debts | 44 | €4,423 | €2,991 | -€1,432 | -32.4% |
| Suppliers | 440/4 | €4,423 | €2,991 | -€1,432 | -32.4% |
| Taxes, remuneration and social security | 45 | €18,476 | €22,589 | +€4,113 | +22.3% |
| Taxes | 450/3 | €7,528 | €6,418 | -€1,110 | -14.7% |
| Remuneration and social security | 454/9 | €10,948 | €16,171 | +€5,223 | +47.7% |
| Other amounts payable | 47/48 | €35,000 | €34,000 | -€1,000 | -2.9% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €54,530 | €55,953 | +€1,423 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,383 | €3,353 | -€1,030 | -23.5% |
| Other operating charges | 640/8 | €2,513 | €1,498 | -€1,016 | -40.4% |
| Gross operating margin | 9900 | €114,426 | €99,095 | -€15,331 | -13.4% |
| Operating profit (loss) | 9901 | €52,999 | €38,291 | -€14,708 | -27.8% |
| Financial income | 75/76B | €0 | €112 | +€112 | +224,700% |
| Recurring financial income | 75 | €0 | €112 | +€112 | +224,700% |
| Financial charges | 65/66B | €949 | €256 | -€693 | -73.0% |
| Recurring financial charges | 65 | €949 | €256 | -€693 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | €52,051 | €38,148 | -€13,903 | -26.7% |
| Income taxes | 67/77 | €12,620 | €8,558 | -€4,062 | -32.2% |
| Profit (loss) for the period | 9904 | €39,431 | €29,590 | -€9,841 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,431 | €29,590 | -€9,841 | -25.0% |
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 15 October 2026 via checked.be.