DSL Future Homes: 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.
DSL Future Homes
Largest movements
- Cash -€195,452
down €195,452 (-53.3%), from €366,651 to €171,199
mainly Debts after one year (-€385,000) and Trade debts (-€8,169)
- Stocks and contracts -€127,414
down €127,414 (-90.4%), from €140,908 to €13,494
- Receivables within one year -€15,798
down €15,798 (-93.8%), from €16,835 to €1,037
of which Other amounts receivable: -€15,160
- Debts after one year -€385,000
no longer reported in 2025 (was €385,000)
- Reserves +€56,000
up €56,000 (+51.4%), from €109,000 to €165,000
- Trade debts -€8,169
down €8,169 (-76.6%), from €10,661 to €2,493
- Gross operating margin -€106,644
down €106,644 (-57.2%), from €186,515 to €79,871
- Taxes -€19,938
down €19,938 (-51.0%), from €39,097 to €19,158
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 | €544,019 | €206,937 | -€337,081 | -62.0% |
| Fixed assets | 21/28 | €18,843 | €20,821 | +€1,978 | +10.5% |
| Tangible fixed assets | 22/27 | €8,843 | €5,821 | -€3,022 | -34.2% |
| Furniture and vehicles | 24 | €8,843 | €5,821 | -€3,022 | -34.2% |
| Financial fixed assets | 28 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Current assets | 29/58 | €525,176 | €186,116 | -€339,059 | -64.6% |
| Stocks and contracts in progress | 3 | €140,908 | €13,494 | -€127,414 | -90.4% |
| Stocks | 30/36 | €140,908 | €13,494 | -€127,414 | -90.4% |
| Amounts receivable within one year | 40/41 | €16,835 | €1,037 | -€15,798 | -93.8% |
| Trade receivables | 40 | €638 | - | -€638 | |
| Other amounts receivable | 41 | €16,197 | €1,037 | -€15,160 | -93.6% |
| Cash at bank and in hand | 54/58 | €366,651 | €171,199 | -€195,452 | -53.3% |
| Deferred charges and accrued income | 490/1 | €781 | €386 | -€395 | -50.6% |
| Total equity and liabilities | 10/49 | €544,019 | €206,937 | -€337,081 | -62.0% |
| Equity | 10/15 | €128,072 | €184,234 | +€56,162 | +43.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,000 | €165,000 | +€56,000 | +51.4% |
| Distributable reserves | 133 | €109,000 | €165,000 | +€56,000 | +51.4% |
| Profit (loss) carried forward | 14 | €472 | €634 | +€162 | +34.2% |
| Amounts payable | 17/49 | €415,947 | €22,704 | -€393,243 | -94.5% |
| Amounts payable after more than one year | 17 | €385,000 | - | -€385,000 | |
| Financial debts | 170/4 | €385,000 | - | -€385,000 | |
| Amounts payable within one year | 42/48 | €30,947 | €22,704 | -€8,243 | -26.6% |
| Trade debts | 44 | €10,661 | €2,493 | -€8,169 | -76.6% |
| Suppliers | 440/4 | €10,661 | €2,493 | -€8,169 | -76.6% |
| Taxes, remuneration and social security | 45 | €19,261 | €19,097 | -€164 | -0.9% |
| Taxes | 450/3 | €19,261 | €19,097 | -€164 | -0.9% |
| Other amounts payable | 47/48 | €1,024 | €1,114 | +€90 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,022 | €3,022 | = | 0.0% |
| Other operating charges | 640/8 | €706 | €1,398 | +€692 | +98.0% |
| Gross operating margin | 9900 | €186,515 | €79,871 | -€106,644 | -57.2% |
| Operating profit (loss) | 9901 | €182,787 | €75,450 | -€107,336 | -58.7% |
| Financial charges | 65/66B | €135 | €130 | -€5 | -3.7% |
| Recurring financial charges | 65 | €135 | €130 | -€5 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €182,651 | €75,320 | -€107,331 | -58.8% |
| Income taxes | 67/77 | €39,097 | €19,158 | -€19,938 | -51.0% |
| Profit (loss) for the period | 9904 | €143,555 | €56,162 | -€87,393 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €143,555 | €56,162 | -€87,393 | -60.9% |
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.