DSFY: 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.
DSFY
Largest movements
- Tangible fixed assets -€19,879
down €19,879 (-29.2%), from €68,048 to €48,168
of which Leasing and similar rights: -€17,047
- Cash +€15,594
up €15,594 (+31.7%), from €49,206 to €64,800
mainly Depreciation (+€19,879) and Net result for the year (+€6,831)
- Debts after one year -€12,568
down €12,568 (-46.5%), from €27,041 to €14,472
- Trade debts -€8,147
down €8,147 (-33.8%), from €24,102 to €15,955
- Profit (loss) carried forward +€6,831
up €6,831, from -€4,356 to €2,475
- Tax, wage and social debts +€4,872
up €4,872 (+29.4%), from €16,547 to €21,419
of which Remuneration and social security: +€3,900
- Gross operating margin -€3,741
down €3,741 (-8.9%), from €42,137 to €38,396
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 | €187,308 | €181,455 | -€5,852 | -3.1% |
| Fixed assets | 21/28 | €68,048 | €48,168 | -€19,879 | -29.2% |
| Tangible fixed assets | 22/27 | €68,048 | €48,168 | -€19,879 | -29.2% |
| Furniture and vehicles | 24 | €4,618 | €3,469 | -€1,148 | -24.9% |
| Leasing and similar rights | 25 | €53,242 | €36,195 | -€17,047 | -32.0% |
| Other tangible fixed assets | 26 | €10,188 | €8,504 | -€1,684 | -16.5% |
| Current assets | 29/58 | €119,260 | €133,287 | +€14,027 | +11.8% |
| Amounts receivable within one year | 40/41 | €69,590 | €68,213 | -€1,378 | -2.0% |
| Trade receivables | 40 | €66,637 | €68,089 | +€1,452 | +2.2% |
| Other amounts receivable | 41 | €2,953 | €123 | -€2,830 | -95.8% |
| Cash at bank and in hand | 54/58 | €49,206 | €64,800 | +€15,594 | +31.7% |
| Deferred charges and accrued income | 490/1 | €463 | €274 | -€189 | -40.8% |
| Total equity and liabilities | 10/49 | €187,308 | €181,455 | -€5,852 | -3.1% |
| Equity | 10/15 | €87,804 | €94,635 | +€6,831 | +7.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €79,760 | €79,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €77,900 | €77,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,356 | €2,475 | +€6,831 | |
| Amounts payable | 17/49 | €99,503 | €86,820 | -€12,683 | -12.7% |
| Amounts payable after more than one year | 17 | €27,041 | €14,472 | -€12,568 | -46.5% |
| Financial debts | 170/4 | €27,041 | €14,472 | -€12,568 | -46.5% |
| Amounts payable within one year | 42/48 | €68,099 | €67,454 | -€644 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €11,854 | €13,573 | +€1,719 | +14.5% |
| Trade debts | 44 | €24,102 | €15,955 | -€8,147 | -33.8% |
| Suppliers | 440/4 | €24,102 | €15,955 | -€8,147 | -33.8% |
| Taxes, remuneration and social security | 45 | €16,547 | €21,419 | +€4,872 | +29.4% |
| Taxes | 450/3 | €14,697 | €15,669 | +€972 | +6.6% |
| Remuneration and social security | 454/9 | €1,850 | €5,750 | +€3,900 | +211% |
| Other amounts payable | 47/48 | €15,597 | €16,508 | +€911 | +5.8% |
| Accrued charges and deferred income | 492/3 | €4,364 | €4,893 | +€529 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,704 | €19,879 | +€176 | +0.9% |
| Other operating charges | 640/8 | €3,267 | €3,100 | -€166 | -5.1% |
| Gross operating margin | 9900 | €42,137 | €38,396 | -€3,741 | -8.9% |
| Operating profit (loss) | 9901 | €19,166 | €15,416 | -€3,750 | -19.6% |
| Financial charges | 65/66B | €3,286 | €2,964 | -€322 | -9.8% |
| Recurring financial charges | 65 | €3,286 | €2,964 | -€322 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €15,880 | €12,452 | -€3,428 | -21.6% |
| Income taxes | 67/77 | €5,830 | €5,621 | -€210 | -3.6% |
| Profit (loss) for the period | 9904 | €10,049 | €6,831 | -€3,219 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,049 | €6,831 | -€3,219 | -32.0% |
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 20 October 2026 via checked.be.