DSE SERVICES: 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.
DSE SERVICES
Largest movements
- Receivables within one year +€29,591
up €29,591 (+309.3%), from €9,568 to €39,158
of which Trade receivables: +€31,333
- Tangible fixed assets +€1,476
new in 2024: €1,476
- Reserves +€27,249
up €27,249 (+111.3%), from €24,488 to €51,736
of which Distributable reserves: +€27,249
- Other debts +€2,313
up €2,313 (+101.8%), from €2,271 to €4,584
- Other operating charges -€3,176
down €3,176 (-67.7%), from €4,688 to €1,512
- Staff costs -€2,958
down €2,958 (-100.0%), from €2,958 to €0
- Gross operating margin +€2,424
up €2,424 (+6.0%), from €40,708 to €43,132
- Financial charges +€763
up €763 (+133.8%), from €570 to €1,333
- Taxes +€451
up €451 (+3.7%), from €12,349 to €12,800
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 | €73,602 | €104,332 | +€30,730 | +41.8% |
| Fixed assets | 21/28 | €5,606 | €7,082 | +€1,476 | +26.3% |
| Tangible fixed assets | 22/27 | - | €1,476 | +€1,476 | |
| Furniture and vehicles | 24 | - | €1,476 | +€1,476 | |
| Financial fixed assets | 28 | €5,606 | €5,606 | = | 0.0% |
| Current assets | 29/58 | €67,995 | €97,250 | +€29,255 | +43.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €9,568 | €39,158 | +€29,591 | +309.3% |
| Trade receivables | 40 | €5,625 | €36,958 | +€31,333 | +557.0% |
| Other amounts receivable | 41 | €3,943 | €2,200 | -€1,743 | -44.2% |
| Cash at bank and in hand | 54/58 | €58,428 | €57,568 | -€859 | -1.5% |
| Deferred charges and accrued income | 490/1 | - | €523 | +€523 | |
| Total equity and liabilities | 10/49 | €73,602 | €104,332 | +€30,730 | +41.8% |
| Equity | 10/15 | €49,288 | €76,536 | +€27,249 | +55.3% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €24,488 | €51,736 | +€27,249 | +111.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €24,488 | €51,736 | +€27,249 | +111.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,314 | €27,795 | +€3,482 | +14.3% |
| Amounts payable within one year | 42/48 | €24,314 | €27,795 | +€3,482 | +14.3% |
| Trade debts | 44 | €18,020 | €18,964 | +€944 | +5.2% |
| Suppliers | 440/4 | €18,020 | €18,964 | +€944 | +5.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,022 | €4,247 | +€225 | +5.6% |
| Taxes | 450/3 | €1,597 | €1,872 | +€275 | +17.2% |
| Remuneration and social security | 454/9 | €2,425 | €2,375 | -€50 | -2.1% |
| Other amounts payable | 47/48 | €2,271 | €4,584 | +€2,313 | +101.8% |
| Non-recurring operating income | 76A | €2,964 | €0 | -€2,964 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,958 | €0 | -€2,958 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €238 | +€238 | |
| Other operating charges | 640/8 | €4,688 | €1,512 | -€3,176 | -67.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €40,708 | €43,132 | +€2,424 | +6.0% |
| Operating profit (loss) | 9901 | €33,062 | €41,382 | +€8,320 | +25.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €570 | €1,333 | +€763 | +133.8% |
| Recurring financial charges | 65 | €570 | €1,333 | +€763 | +133.8% |
| Profit (loss) for the period before taxes | 9903 | €32,492 | €40,049 | +€7,557 | +23.3% |
| Income taxes | 67/77 | €12,349 | €12,800 | +€451 | +3.7% |
| Profit (loss) for the period | 9904 | €20,143 | €27,249 | +€7,106 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,143 | €27,249 | +€7,106 | +35.3% |
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.