DSCOLOR MANAGEMENT: 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.
DSCOLOR MANAGEMENT
Largest movements
- Intangible fixed assets -€67,786
down €67,786 (-34.2%), from €198,154 to €130,368
- Receivables within one year +€26,343
up €26,343 (+8.9%), from €296,629 to €322,972
of which Other amounts receivable: +€14,801
- Cash -€21,768
down €21,768 (-34.1%), from €63,843 to €42,075
mainly Net result for the year (-€539,384) and Receivables within one year (-€26,343)
- Stocks and contracts -€10,916
down €10,916 (-18.6%), from €58,577 to €47,661
- Deferred charges and accrued income -€9,600
down €9,600 (-45.4%), from €21,133 to €11,533
- Profit (loss) carried forward -€539,384
down €539,384 (-28.9%), from -€1.9m to -€2.4m
- Other debts +€424,731
up €424,731 (+43.4%), from €977,919 to €1.4m
- Trade debts +€66,239
up €66,239 (+13.5%), from €491,287 to €557,526
- Debts after one year -€22,500
down €22,500 (-4.5%), from €505,380 to €482,880
of which Financial debts: -€22,500
- Current portion of long-term debt -€7,500
down €7,500 (-25.0%), from €30,000 to €22,500
- Staff costs +€46,459
up €46,459 (+21.9%), from €212,287 to €258,746
- Gross operating margin +€20,437
up €20,437 (+9.8%), from -€208,368 to -€187,931
- Other operating charges -€4,516
down €4,516 (-40.4%), from €11,190 to €6,674
- Depreciation +€4,139
up €4,139 (+5.2%), from €79,217 to €83,356
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 | €690,759 | €604,880 | -€85,879 | -12.4% |
| Fixed assets | 21/28 | €250,577 | €180,639 | -€69,938 | -27.9% |
| Intangible fixed assets | 21 | €198,154 | €130,368 | -€67,786 | -34.2% |
| Tangible fixed assets | 22/27 | €50,063 | €47,911 | -€2,152 | -4.3% |
| Plant, machinery and equipment | 23 | €14,759 | €12,457 | -€2,302 | -15.6% |
| Furniture and vehicles | 24 | €5,052 | €12,386 | +€7,334 | +145% |
| Leasing and similar rights | 25 | €30,252 | €23,068 | -€7,184 | -23.7% |
| Financial fixed assets | 28 | €2,360 | €2,360 | = | 0.0% |
| Current assets | 29/58 | €440,182 | €424,241 | -€15,941 | -3.6% |
| Stocks and contracts in progress | 3 | €58,577 | €47,661 | -€10,916 | -18.6% |
| Stocks | 30/36 | €58,577 | €47,661 | -€10,916 | -18.6% |
| Amounts receivable within one year | 40/41 | €296,629 | €322,972 | +€26,343 | +8.9% |
| Trade receivables | 40 | €285,167 | €296,709 | +€11,542 | +4.0% |
| Other amounts receivable | 41 | €11,462 | €26,263 | +€14,801 | +129% |
| Cash at bank and in hand | 54/58 | €63,843 | €42,075 | -€21,768 | -34.1% |
| Deferred charges and accrued income | 490/1 | €21,133 | €11,533 | -€9,600 | -45.4% |
| Total equity and liabilities | 10/49 | €690,759 | €604,880 | -€85,879 | -12.4% |
| Equity | 10/15 | -€1,363,093 | -€1,902,477 | -€539,384 | -39.6% |
| Contributions | 10/11 | €503,600 | €503,600 | = | 0.0% |
| Capital | 10 | €402,270 | €402,270 | = | 0.0% |
| Issued capital | 100 | €402,270 | €402,270 | = | 0.0% |
| Contributions outside capital | 11 | €101,330 | €101,330 | = | 0.0% |
| Share premium | 1100/10 | €101,330 | €101,330 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,866,693 | -€2,406,077 | -€539,384 | -28.9% |
| Amounts payable | 17/49 | €2,053,852 | €2,507,357 | +€453,505 | +22.1% |
| Amounts payable after more than one year | 17 | €505,380 | €482,880 | -€22,500 | -4.5% |
| Financial debts | 170/4 | €425,100 | €402,600 | -€22,500 | -5.3% |
| Other amounts payable | 178/9 | €80,280 | €80,280 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,540,594 | €2,016,788 | +€476,194 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €22,500 | -€7,500 | -25.0% |
| Trade debts | 44 | €491,287 | €557,526 | +€66,239 | +13.5% |
| Suppliers | 440/4 | €491,287 | €557,526 | +€66,239 | +13.5% |
| Taxes, remuneration and social security | 45 | €41,388 | €34,112 | -€7,276 | -17.6% |
| Taxes | 450/3 | €15,094 | €4,232 | -€10,862 | -72.0% |
| Remuneration and social security | 454/9 | €26,294 | €29,880 | +€3,586 | +13.6% |
| Other amounts payable | 47/48 | €977,919 | €1,402,650 | +€424,731 | +43.4% |
| Accrued charges and deferred income | 492/3 | €7,878 | €7,689 | -€189 | -2.4% |
| Remuneration, social security and pensions | 62 | €212,287 | €258,746 | +€46,459 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,217 | €83,356 | +€4,139 | +5.2% |
| Other operating charges | 640/8 | €11,190 | €6,674 | -€4,516 | -40.4% |
| Gross operating margin | 9900 | -€208,368 | -€187,931 | +€20,437 | +9.8% |
| Operating profit (loss) | 9901 | -€511,062 | -€536,707 | -€25,645 | -5.0% |
| Financial income | 75/76B | €28 | €2 | -€26 | -92.9% |
| Recurring financial income | 75 | €28 | €2 | -€26 | -92.9% |
| Financial charges | 65/66B | €2,566 | €1,558 | -€1,008 | -39.3% |
| Recurring financial charges | 65 | €2,566 | €1,558 | -€1,008 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | -€513,600 | -€538,263 | -€24,663 | -4.8% |
| Income taxes | 67/77 | €424 | €1,121 | +€697 | +164% |
| Profit (loss) for the period | 9904 | -€514,024 | -€539,384 | -€25,360 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€514,024 | -€539,384 | -€25,360 | -4.9% |
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 21 October 2026 via checked.be.