DSK: 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.
DSK
Largest movements
- Receivables within one year +€79,137
up €79,137 (+345.3%), from €22,920 to €102,057
of which Trade receivables: +€77,802
- Cash -€12,074
down €12,074 (-29.2%), from €41,293 to €29,219
mainly Receivables within one year (-€79,137) and Investment in fixed assets (net) (-€4,500)
- Financial fixed assets +€4,500
up €4,500 (+29.0%), from €15,530 to €20,030
- Trade debts +€30,587
up €30,587 (+151.3%), from €20,218 to €50,805
- Reserves +€20,824
up €20,824 (+68.4%), from €30,448 to €51,272
- Tax, wage and social debts +€20,544
up €20,544 (+74.7%), from €27,494 to €48,038
of which Remuneration and social security: +€11,073
- Staff costs +€67,334
up €67,334 (+54.0%), from €124,605 to €191,939
- Gross operating margin +€56,109
up €56,109 (+34.2%), from €164,179 to €220,289
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.
Cash bridge derived
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 | €80,159 | €152,114 | +€71,955 | +89.8% |
| Fixed assets | 21/28 | €15,530 | €20,030 | +€4,500 | +29.0% |
| Financial fixed assets | 28 | €15,530 | €20,030 | +€4,500 | +29.0% |
| Current assets | 29/58 | €64,629 | €132,084 | +€67,455 | +104.4% |
| Amounts receivable within one year | 40/41 | €22,920 | €102,057 | +€79,137 | +345.3% |
| Trade receivables | 40 | €15,328 | €93,130 | +€77,802 | +507.6% |
| Other amounts receivable | 41 | €7,592 | €8,927 | +€1,335 | +17.6% |
| Cash at bank and in hand | 54/58 | €41,293 | €29,219 | -€12,074 | -29.2% |
| Deferred charges and accrued income | 490/1 | €416 | €808 | +€392 | +94.2% |
| Total equity and liabilities | 10/49 | €80,159 | €152,114 | +€71,955 | +89.8% |
| Equity | 10/15 | €32,448 | €53,272 | +€20,824 | +64.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €30,448 | €51,272 | +€20,824 | +68.4% |
| Distributable reserves | 133 | €30,448 | €51,272 | +€20,824 | +68.4% |
| Amounts payable | 17/49 | €47,711 | €98,842 | +€51,131 | +107.2% |
| Amounts payable within one year | 42/48 | €47,711 | €98,842 | +€51,131 | +107.2% |
| Trade debts | 44 | €20,218 | €50,805 | +€30,587 | +151.3% |
| Suppliers | 440/4 | €20,218 | €50,805 | +€30,587 | +151.3% |
| Taxes, remuneration and social security | 45 | €27,494 | €48,038 | +€20,544 | +74.7% |
| Taxes | 450/3 | €12,241 | €21,712 | +€9,471 | +77.4% |
| Remuneration and social security | 454/9 | €15,253 | €26,326 | +€11,073 | +72.6% |
| Remuneration, social security and pensions | 62 | €124,605 | €191,939 | +€67,334 | +54.0% |
| Other operating charges | 640/8 | €437 | €654 | +€217 | +49.6% |
| Gross operating margin | 9900 | €164,179 | €220,289 | +€56,109 | +34.2% |
| Operating profit (loss) | 9901 | €39,137 | €27,695 | -€11,442 | -29.2% |
| Financial charges | 65/66B | €780 | €1,081 | +€300 | +38.5% |
| Recurring financial charges | 65 | €780 | €1,081 | +€300 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | €38,356 | €26,614 | -€11,742 | -30.6% |
| Income taxes | 67/77 | €7,908 | €5,790 | -€2,118 | -26.8% |
| Profit (loss) for the period | 9904 | €30,448 | €20,824 | -€9,624 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,448 | €20,824 | -€9,624 | -31.6% |
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 11 October 2026 via checked.be.