DSC: 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.
DSC
Largest movements
- Financial fixed assets -€246,570
no longer reported in 2024 (was €246,570)
- Receivables within one year +€42,072
up €42,072 (+32.6%), from €129,182 to €171,254
of which Other amounts receivable: +€42,695
- Cash +€34,682
up €34,682 (+246.2%), from €14,088 to €48,771
mainly Investment in fixed assets (net) (+€242,136) and Depreciation (+€936)
- Profit (loss) carried forward -€139,326
down €139,326 (-49.9%), from €279,250 to €139,924
- Tax, wage and social debts -€23,797
down €23,797 (-51.8%), from €45,906 to €22,109
- Financial charges +€171,197
up €171,197 (+6618.3%), from €2,587 to €173,784
of which Non-recurring financial charges: +€172,624
- Taxes -€13,773
down €13,773 (-75.6%), from €18,207 to €4,434
- Gross operating margin -€3,414
down €3,414 (-7.3%), from €46,588 to €43,174
- Other operating charges -€1,160
down €1,160 (-25.7%), from €4,506 to €3,346
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €390,617 | €224,299 | -€166,318 | -42.6% |
| Fixed assets | 21/28 | €247,346 | €4,274 | -€243,072 | -98.3% |
| Tangible fixed assets | 22/27 | €776 | €4,274 | +€3,498 | +450.9% |
| Plant, machinery and equipment | 23 | €776 | €652 | -€123 | -15.9% |
| Furniture and vehicles | 24 | - | €3,622 | +€3,622 | |
| Financial fixed assets | 28 | €246,570 | - | -€246,570 | |
| Current assets | 29/58 | €143,271 | €220,025 | +€76,754 | +53.6% |
| Amounts receivable within one year | 40/41 | €129,182 | €171,254 | +€42,072 | +32.6% |
| Trade receivables | 40 | €15,326 | €14,703 | -€623 | -4.1% |
| Other amounts receivable | 41 | €113,856 | €156,551 | +€42,695 | +37.5% |
| Cash at bank and in hand | 54/58 | €14,088 | €48,771 | +€34,682 | +246.2% |
| Total equity and liabilities | 10/49 | €390,617 | €224,299 | -€166,318 | -42.6% |
| Equity | 10/15 | €300,700 | €161,374 | -€139,326 | -46.3% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €1,950 | €1,950 | = | 0.0% |
| Distributable reserves | 133 | €1,950 | €1,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,250 | €139,924 | -€139,326 | -49.9% |
| Amounts payable | 17/49 | €89,917 | €62,925 | -€26,992 | -30.0% |
| Amounts payable within one year | 42/48 | €89,648 | €62,925 | -€26,723 | -29.8% |
| Trade debts | 44 | €43,742 | €40,816 | -€2,926 | -6.7% |
| Suppliers | 440/4 | €43,742 | €40,816 | -€2,926 | -6.7% |
| Taxes, remuneration and social security | 45 | €45,906 | €22,109 | -€23,797 | -51.8% |
| Taxes | 450/3 | €45,906 | €22,109 | -€23,797 | -51.8% |
| Accrued charges and deferred income | 492/3 | €269 | - | -€269 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €816 | €936 | +€120 | +14.7% |
| Other operating charges | 640/8 | €4,506 | €3,346 | -€1,160 | -25.7% |
| Gross operating margin | 9900 | €46,588 | €43,174 | -€3,414 | -7.3% |
| Operating profit (loss) | 9901 | €41,266 | €38,891 | -€2,375 | -5.8% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €2,587 | €173,784 | +€171,197 | +6618.3% |
| Recurring financial charges | 65 | €2,587 | €1,159 | -€1,427 | -55.2% |
| Non-recurring financial charges | 66B | - | €172,624 | +€172,624 | |
| Profit (loss) for the period before taxes | 9903 | €38,687 | -€134,892 | -€173,579 | |
| Income taxes | 67/77 | €18,207 | €4,434 | -€13,773 | -75.6% |
| Profit (loss) for the period | 9904 | €20,480 | -€139,326 | -€159,806 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,480 | -€139,326 | -€159,806 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.