DS TOOLS: 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 TOOLS
Largest movements
- Receivables within one year +€42,296
up €42,296 (+56.9%), from €74,360 to €116,656
of which Trade receivables: +€47,554
- Cash +€25,229
up €25,229 (+53.2%), from €47,409 to €72,638
mainly Trade debts (+€34,822) and Net result for the year (+€24,997)
- Current investments +€12,500
new in 2025: €12,500
- Tangible fixed assets -€6,258
down €6,258 (-14.3%), from €43,698 to €37,440
of which Furniture and vehicles: -€5,036
- Trade debts +€34,822
up €34,822 (+185.5%), from €18,776 to €53,598
- Reserves +€20,000
up €20,000 (+15.4%), from €130,000 to €150,000
- Tax, wage and social debts +€13,978
up €13,978 (+120.9%), from €11,566 to €25,544
of which Taxes: +€13,975
- Profit (loss) carried forward +€4,997
up €4,997 (+87.4%), from €5,716 to €10,713
- Gross operating margin -€38,650
down €38,650 (-45.2%), from €85,542 to €46,891
- Taxes -€12,023
down €12,023 (-56.3%), from €21,366 to €9,343
- Depreciation +€3,359
up €3,359 (+44.5%), from €7,544 to €10,904
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 | €166,057 | €239,855 | +€73,798 | +44.4% |
| Fixed assets | 21/28 | €43,698 | €37,440 | -€6,258 | -14.3% |
| Tangible fixed assets | 22/27 | €43,698 | €37,440 | -€6,258 | -14.3% |
| Plant, machinery and equipment | 23 | €1,953 | €1,631 | -€322 | -16.5% |
| Furniture and vehicles | 24 | €36,269 | €31,233 | -€5,036 | -13.9% |
| Other tangible fixed assets | 26 | €5,476 | €4,576 | -€900 | -16.4% |
| Current assets | 29/58 | €122,359 | €202,415 | +€80,056 | +65.4% |
| Amounts receivable within one year | 40/41 | €74,360 | €116,656 | +€42,296 | +56.9% |
| Trade receivables | 40 | €60,355 | €107,909 | +€47,554 | +78.8% |
| Other amounts receivable | 41 | €14,004 | €8,747 | -€5,257 | -37.5% |
| Current investments | 50/53 | - | €12,500 | +€12,500 | |
| Cash at bank and in hand | 54/58 | €47,409 | €72,638 | +€25,229 | +53.2% |
| Deferred charges and accrued income | 490/1 | €591 | €621 | +€31 | +5.2% |
| Total equity and liabilities | 10/49 | €166,057 | €239,855 | +€73,798 | +44.4% |
| Equity | 10/15 | €135,716 | €160,713 | +€24,997 | +18.4% |
| Reserves | 13 | €130,000 | €150,000 | +€20,000 | +15.4% |
| Distributable reserves | 133 | €130,000 | €150,000 | +€20,000 | +15.4% |
| Profit (loss) carried forward | 14 | €5,716 | €10,713 | +€4,997 | +87.4% |
| Amounts payable | 17/49 | €30,341 | €79,142 | +€48,801 | +160.8% |
| Amounts payable within one year | 42/48 | €30,341 | €79,142 | +€48,801 | +160.8% |
| Trade debts | 44 | €18,776 | €53,598 | +€34,822 | +185.5% |
| Suppliers | 440/4 | €18,776 | €53,598 | +€34,822 | +185.5% |
| Taxes, remuneration and social security | 45 | €11,566 | €25,544 | +€13,978 | +120.9% |
| Taxes | 450/3 | €8,566 | €22,541 | +€13,975 | +163.2% |
| Remuneration and social security | 454/9 | €3,000 | €3,003 | +€3 | +0.1% |
| Non-recurring operating income | 76A | €826 | - | -€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,544 | €10,904 | +€3,359 | +44.5% |
| Other operating charges | 640/8 | €1,274 | €1,338 | +€64 | +5.0% |
| Gross operating margin | 9900 | €85,542 | €46,891 | -€38,650 | -45.2% |
| Operating profit (loss) | 9901 | €76,723 | €34,650 | -€42,073 | -54.8% |
| Financial income | 75/76B | €48 | €101 | +€53 | +109.5% |
| Recurring financial income | 75 | €48 | €101 | +€53 | +109.5% |
| Financial charges | 65/66B | €165 | €411 | +€246 | +149.6% |
| Recurring financial charges | 65 | €165 | €411 | +€246 | +149.6% |
| Profit (loss) for the period before taxes | 9903 | €76,607 | €34,340 | -€42,267 | -55.2% |
| Income taxes | 67/77 | €21,366 | €9,343 | -€12,023 | -56.3% |
| Profit (loss) for the period | 9904 | €55,241 | €24,997 | -€30,244 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,241 | €24,997 | -€30,244 | -54.7% |
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.