DSI Holding: 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.
DSI Holding
Largest movements
- Cash -€192,506
down €192,506 (-79.1%), from €243,512 to €51,007
mainly Investment in fixed assets (net) (-€185,682) and Net result for the year (-€18,224)
- Tangible fixed assets +€180,748
up €180,748 (+1,488%), from €12,151 to €192,899
of which Land and buildings: +€191,183
- Receivables within one year +€16,313
up €16,313 (+2,941%), from €555 to €16,868
of which Trade receivables: +€15,730
- Trade debts +€30,689
up €30,689 (+6,770%), from €453 to €31,143
- Profit (loss) carried forward -€18,224
down €18,224, from €12,086 to -€6,138
- Debts after one year -€8,598
down €8,598 (-25.1%), from €34,270 to €25,673
- Gross operating margin -€28,791
down €28,791, from €17,727 to -€11,063
- Financial charges -€7,289
down €7,289 (-85.7%), from €8,508 to €1,219
- Depreciation -€4,444
down €4,444 (-47.4%), from €9,378 to €4,934
- Financial income -€2,365
down €2,365 (-100.0%), from €2,366 to €1
- Other operating charges +€494
up €494 (+95.9%), from €515 to €1,009
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 | €344,838 | €349,695 | +€4,857 | +1.4% |
| Fixed assets | 21/28 | €100,771 | €281,519 | +€180,748 | +179% |
| Tangible fixed assets | 22/27 | €12,151 | €192,899 | +€180,748 | +1,488% |
| Land and buildings | 22 | €1,716 | €192,899 | +€191,183 | +11,139% |
| Furniture and vehicles | 24 | €10,435 | - | -€10,435 | |
| Financial fixed assets | 28 | €88,620 | €88,620 | = | 0.0% |
| Current assets | 29/58 | €244,067 | €68,176 | -€175,891 | -72.1% |
| Amounts receivable within one year | 40/41 | €555 | €16,868 | +€16,313 | +2,941% |
| Trade receivables | 40 | - | €15,730 | +€15,730 | |
| Other amounts receivable | 41 | €555 | €1,138 | +€583 | +105% |
| Cash at bank and in hand | 54/58 | €243,512 | €51,007 | -€192,506 | -79.1% |
| Deferred charges and accrued income | 490/1 | - | €301 | +€301 | |
| Total equity and liabilities | 10/49 | €344,838 | €349,695 | +€4,857 | +1.4% |
| Equity | 10/15 | €112,086 | €93,862 | -€18,224 | -16.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,086 | -€6,138 | -€18,224 | |
| Amounts payable | 17/49 | €232,752 | €255,832 | +€23,081 | +9.9% |
| Amounts payable after more than one year | 17 | €34,270 | €25,673 | -€8,598 | -25.1% |
| Financial debts | 170/4 | €34,270 | €25,673 | -€8,598 | -25.1% |
| Amounts payable within one year | 42/48 | €198,482 | €230,160 | +€31,678 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €8,366 | €8,598 | +€231 | +2.8% |
| Trade debts | 44 | €453 | €31,143 | +€30,689 | +6,770% |
| Suppliers | 440/4 | €453 | €31,143 | +€30,689 | +6,770% |
| Taxes, remuneration and social security | 45 | €2,093 | €3,253 | +€1,160 | +55.4% |
| Taxes | 450/3 | €2,093 | €3,253 | +€1,160 | +55.4% |
| Other amounts payable | 47/48 | €187,569 | €187,166 | -€402 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,378 | €4,934 | -€4,444 | -47.4% |
| Other operating charges | 640/8 | €515 | €1,009 | +€494 | +95.9% |
| Non-recurring operating charges | 66A | €2,000 | - | -€2,000 | |
| Gross operating margin | 9900 | €17,727 | -€11,063 | -€28,791 | |
| Operating profit (loss) | 9901 | €5,835 | -€17,006 | -€22,840 | |
| Financial income | 75/76B | €2,366 | €1 | -€2,365 | -100.0% |
| Recurring financial income | 75 | €2,366 | €1 | -€2,365 | -100.0% |
| Financial charges | 65/66B | €8,508 | €1,219 | -€7,289 | -85.7% |
| Recurring financial charges | 65 | €8,508 | €1,219 | -€7,289 | -85.7% |
| Profit (loss) for the period before taxes | 9903 | -€308 | -€18,224 | -€17,916 | -5,825% |
| Profit (loss) for the period | 9904 | -€308 | -€18,224 | -€17,916 | -5,825% |
| Profit (loss) for the period to be appropriated | 9905 | -€308 | -€18,224 | -€17,916 | -5,825% |
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 17 October 2026 via checked.be.