DSD RENOVATION: 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.
DSD RENOVATION
Largest movements
- Receivables within one year +€16,576
up €16,576 (+1,814%), from €914 to €17,490
of which Trade receivables: +€16,616
- Cash -€3,531
down €3,531 (-55.8%), from €6,328 to €2,798
mainly Receivables within one year (-€16,576)
- Trade debts +€9,228
up €9,228 (+1,195%), from €772 to €10,000
- Reserves +€2,528
up €2,528 (+193%), from €1,311 to €3,838
- Tax, wage and social debts +€1,290
up €1,290 (+251%), from €513 to €1,802
- Gross operating margin +€2,416
up €2,416 (+111%), from €2,167 to €4,583
- Taxes +€667
up €667 (+130%), from €513 to €1,180
- Other operating charges +€345
up €345 (+89.2%), from €387 to €733
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 | €7,242 | €20,287 | +€13,045 | +180% |
| Current assets | 29/58 | €7,242 | €20,287 | +€13,045 | +180% |
| Amounts receivable within one year | 40/41 | €914 | €17,490 | +€16,576 | +1,814% |
| Trade receivables | 40 | €822 | €17,438 | +€16,616 | +2,021% |
| Other amounts receivable | 41 | €92 | €52 | -€40 | -43.4% |
| Cash at bank and in hand | 54/58 | €6,328 | €2,798 | -€3,531 | -55.8% |
| Total equity and liabilities | 10/49 | €7,242 | €20,287 | +€13,045 | +180% |
| Equity | 10/15 | €4,311 | €6,838 | +€2,528 | +58.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,311 | €3,838 | +€2,528 | +193% |
| Distributable reserves | 133 | €1,311 | €3,838 | +€2,528 | +193% |
| Amounts payable | 17/49 | €2,932 | €13,449 | +€10,517 | +359% |
| Amounts payable within one year | 42/48 | €2,932 | €13,449 | +€10,517 | +359% |
| Trade debts | 44 | €772 | €10,000 | +€9,228 | +1,195% |
| Suppliers | 440/4 | €772 | €10,000 | +€9,228 | +1,195% |
| Taxes, remuneration and social security | 45 | €513 | €1,802 | +€1,290 | +251% |
| Taxes | 450/3 | €513 | €1,802 | +€1,290 | +251% |
| Other amounts payable | 47/48 | €1,647 | €1,647 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €733 | +€345 | +89.2% |
| Gross operating margin | 9900 | €2,167 | €4,583 | +€2,416 | +111% |
| Operating profit (loss) | 9901 | €1,780 | €3,850 | +€2,070 | +116% |
| Financial charges | 65/66B | €168 | €143 | -€25 | -14.8% |
| Recurring financial charges | 65 | €168 | €143 | -€25 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €1,612 | €3,707 | +€2,095 | +130% |
| Income taxes | 67/77 | €513 | €1,180 | +€667 | +130% |
| Profit (loss) for the period | 9904 | €1,099 | €2,528 | +€1,429 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €1,099 | €2,528 | +€1,429 | +130% |
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 25 October 2026 via checked.be.