DSL-INVEST: 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-INVEST
Largest movements
- Cash +€5,172
up €5,172 (+12.5%), from €41,492 to €46,663
mainly Other debts (+€2,301) and Depreciation (+€1,803)
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€171
down €171 (-5.8%), from €2,954 to €2,783
- Other operating charges -€101
down €101 (-14.3%), from €703 to €603
- Taxes +€80
up €80 (+256%), from €31 to €112
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 | €392,192 | €395,482 | +€3,290 | +0.8% |
| Fixed assets | 21/28 | €350,203 | €348,400 | -€1,803 | -0.5% |
| Tangible fixed assets | 22/27 | €350,203 | €348,400 | -€1,803 | -0.5% |
| Land and buildings | 22 | €346,215 | €345,210 | -€1,005 | -0.3% |
| Plant, machinery and equipment | 23 | €3,988 | €3,190 | -€798 | -20.0% |
| Current assets | 29/58 | €41,989 | €47,082 | +€5,093 | +12.1% |
| Amounts receivable within one year | 40/41 | €497 | €419 | -€79 | -15.8% |
| Other amounts receivable | 41 | €497 | €419 | -€79 | -15.8% |
| Cash at bank and in hand | 54/58 | €41,492 | €46,663 | +€5,172 | +12.5% |
| Total equity and liabilities | 10/49 | €392,192 | €395,482 | +€3,290 | +0.8% |
| Equity | 10/15 | €353,000 | €353,307 | +€307 | +0.1% |
| Contributions | 10/11 | €232,500 | €232,500 | = | 0.0% |
| Reserves | 13 | €115,163 | €115,163 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,663 | €1,663 | = | 0.0% |
| Other | 1319 | €1,663 | €1,663 | = | 0.0% |
| Distributable reserves | 133 | €113,500 | €113,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,337 | €5,644 | +€307 | +5.8% |
| Amounts payable | 17/49 | €39,192 | €42,175 | +€2,983 | +7.6% |
| Amounts payable within one year | 42/48 | €39,192 | €42,175 | +€2,983 | +7.6% |
| Trade debts | 44 | - | €603 | +€603 | |
| Suppliers | 440/4 | - | €603 | +€603 | |
| Taxes, remuneration and social security | 45 | €473 | €552 | +€78 | +16.6% |
| Taxes | 450/3 | €473 | €552 | +€78 | +16.6% |
| Other amounts payable | 47/48 | €38,719 | €41,020 | +€2,301 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,803 | €1,803 | = | 0.0% |
| Other operating charges | 640/8 | €703 | €603 | -€101 | -14.3% |
| Gross operating margin | 9900 | €5,586 | €5,608 | +€22 | +0.4% |
| Operating profit (loss) | 9901 | €3,080 | €3,203 | +€123 | +4.0% |
| Financial charges | 65/66B | €2,954 | €2,783 | -€171 | -5.8% |
| Recurring financial charges | 65 | €2,954 | €2,783 | -€171 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €126 | €419 | +€294 | +234% |
| Income taxes | 67/77 | €31 | €112 | +€80 | +256% |
| Profit (loss) for the period | 9904 | €94 | €307 | +€213 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €94 | €307 | +€213 | +226% |
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 18 October 2026 via checked.be.