DSR International: 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.
DSR International
Largest movements
- Receivables within one year -€186,941
down €186,941 (-92.6%), from €201,877 to €14,937
- Tangible fixed assets -€137,884
down €137,884 (-71.7%), from €192,204 to €54,319
of which Furniture and vehicles: -€132,084
- Cash -€32,466
down €32,466 (-84.6%), from €38,359 to €5,893
mainly Trade debts (-€351,271) and Tax, wage and social debts (-€17,526)
- Trade debts -€351,271
down €351,271 (-87.2%), from €402,644 to €51,372
- Tax, wage and social debts -€17,526
down €17,526 (-53.1%), from €33,021 to €15,495
of which Remuneration and social security: -€24,836
- Profit (loss) carried forward +€11,616
up €11,616 (+69.5%), from €16,725 to €28,341
- Staff costs -€87,110
no longer reported in 2025 (was €87,110)
- Gross operating margin -€78,617
down €78,617 (-50.0%), from €157,310 to €78,693
- Depreciation +€2,964
up €2,964 (+6.3%), from €47,357 to €50,321
- Other operating charges +€2,625
up €2,625 (+443%), from €593 to €3,218
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 | €456,000 | €95,209 | -€360,791 | -79.1% |
| Fixed assets | 21/28 | €214,954 | €73,069 | -€141,884 | -66.0% |
| Tangible fixed assets | 22/27 | €192,204 | €54,319 | -€137,884 | -71.7% |
| Plant, machinery and equipment | 23 | €20,982 | €15,182 | -€5,800 | -27.6% |
| Furniture and vehicles | 24 | €171,222 | €39,138 | -€132,084 | -77.1% |
| Financial fixed assets | 28 | €22,750 | €18,750 | -€4,000 | -17.6% |
| Current assets | 29/58 | €241,046 | €22,139 | -€218,907 | -90.8% |
| Amounts receivable within one year | 40/41 | €201,877 | €14,937 | -€186,941 | -92.6% |
| Trade receivables | 40 | €201,877 | €14,937 | -€186,941 | -92.6% |
| Cash at bank and in hand | 54/58 | €38,359 | €5,893 | -€32,466 | -84.6% |
| Deferred charges and accrued income | 490/1 | €809 | €1,309 | +€500 | +61.7% |
| Total equity and liabilities | 10/49 | €456,000 | €95,209 | -€360,791 | -79.1% |
| Equity | 10/15 | €16,725 | €28,341 | +€11,616 | +69.5% |
| Profit (loss) carried forward | 14 | €16,725 | €28,341 | +€11,616 | +69.5% |
| Amounts payable | 17/49 | €439,275 | €66,868 | -€372,407 | -84.8% |
| Amounts payable within one year | 42/48 | €439,275 | €66,868 | -€372,407 | -84.8% |
| Trade debts | 44 | €402,644 | €51,372 | -€351,271 | -87.2% |
| Suppliers | 440/4 | €402,644 | €51,372 | -€351,271 | -87.2% |
| Taxes, remuneration and social security | 45 | €33,021 | €15,495 | -€17,526 | -53.1% |
| Taxes | 450/3 | €7,815 | €15,125 | +€7,311 | +93.5% |
| Remuneration and social security | 454/9 | €25,206 | €370 | -€24,836 | -98.5% |
| Other amounts payable | 47/48 | €3,610 | €0 | -€3,610 | -100% |
| Remuneration, social security and pensions | 62 | €87,110 | - | -€87,110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,357 | €50,321 | +€2,964 | +6.3% |
| Other operating charges | 640/8 | €593 | €3,218 | +€2,625 | +443% |
| Non-recurring operating charges | 66A | - | €8,992 | +€8,992 | |
| Gross operating margin | 9900 | €157,310 | €78,693 | -€78,617 | -50.0% |
| Operating profit (loss) | 9901 | €22,251 | €16,163 | -€6,088 | -27.4% |
| Financial income | 75/76B | €906 | €385 | -€521 | -57.5% |
| Recurring financial income | 75 | €906 | €385 | -€521 | -57.5% |
| Financial charges | 65/66B | €1,437 | €1,428 | -€9 | -0.6% |
| Recurring financial charges | 65 | €1,437 | €1,428 | -€9 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €21,720 | €15,120 | -€6,600 | -30.4% |
| Income taxes | 67/77 | €4,995 | €3,504 | -€1,491 | -29.8% |
| Profit (loss) for the period | 9904 | €16,725 | €11,616 | -€5,109 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,725 | €11,616 | -€5,109 | -30.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.