DSBC: 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.
DSBC
Largest movements
- Tangible fixed assets -€15,148
down €15,148 (-4.9%), from €312,225 to €297,076
- Debts after one year -€12,296
down €12,296 (-6.2%), from €197,293 to €184,997
- Depreciation -€6,193
down €6,193 (-29.0%), from €21,342 to €15,148
- Financial charges -€4,941
down €4,941 (-37.2%), from €13,277 to €8,336
- Gross operating margin +€4,190
up €4,190 (+16.5%), from €25,324 to €29,514
- Other operating charges +€1,117
up €1,117 (+108.1%), from €1,034 to €2,151
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 | €453,163 | €442,461 | -€10,702 | -2.4% |
| Fixed assets | 21/28 | €312,225 | €297,076 | -€15,148 | -4.9% |
| Tangible fixed assets | 22/27 | €312,225 | €297,076 | -€15,148 | -4.9% |
| Land and buildings | 22 | €312,225 | €297,076 | -€15,148 | -4.9% |
| Current assets | 29/58 | €140,939 | €145,385 | +€4,447 | +3.2% |
| Amounts receivable within one year | 40/41 | - | €3,146 | +€3,146 | |
| Trade receivables | 40 | - | €3,146 | +€3,146 | |
| Cash at bank and in hand | 54/58 | €140,939 | €142,239 | +€1,301 | +0.9% |
| Total equity and liabilities | 10/49 | €453,163 | €442,461 | -€10,702 | -2.4% |
| Equity | 10/15 | €239,672 | €243,550 | +€3,878 | +1.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,328 | -€6,450 | +€3,878 | +37.6% |
| Amounts payable | 17/49 | €213,491 | €198,911 | -€14,580 | -6.8% |
| Amounts payable after more than one year | 17 | €197,293 | €184,997 | -€12,296 | -6.2% |
| Financial debts | 170/4 | €197,293 | €184,997 | -€12,296 | -6.2% |
| Amounts payable within one year | 42/48 | €16,198 | €13,914 | -€2,284 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €11,812 | €12,296 | +€484 | +4.1% |
| Trade debts | 44 | €617 | €45 | -€572 | -92.6% |
| Suppliers | 440/4 | €617 | €45 | -€572 | -92.6% |
| Taxes, remuneration and social security | 45 | €1,502 | €1,572 | +€71 | +4.7% |
| Taxes | 450/3 | €1,502 | €1,572 | +€71 | +4.7% |
| Other amounts payable | 47/48 | €2,267 | - | -€2,267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,342 | €15,148 | -€6,193 | -29.0% |
| Other operating charges | 640/8 | €1,034 | €2,151 | +€1,117 | +108.1% |
| Gross operating margin | 9900 | €25,324 | €29,514 | +€4,190 | +16.5% |
| Operating profit (loss) | 9901 | €2,949 | €12,214 | +€9,265 | +314.2% |
| Financial charges | 65/66B | €13,277 | €8,336 | -€4,941 | -37.2% |
| Recurring financial charges | 65 | €13,277 | €8,336 | -€4,941 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,328 | €3,878 | +€14,207 | |
| Profit (loss) for the period | 9904 | -€10,328 | €3,878 | +€14,207 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,328 | €3,878 | +€14,207 |
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 3 October 2026 via checked.be.