DSRD CONCEPT: what changed
Two fiscal 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.
DSRD CONCEPT
Largest movements
- Cash +€23,992
up €23,992 (+90.6%), from €26,488 to €50,480
mainly Other debts (+€78,926) and Net result for the year (+€16,198)
- Receivables within one year +€4,471
up €4,471 (+12.6%), from €35,486 to €39,957
of which Other amounts receivable: +€5,077
- Stocks and contracts -€4,410
down €4,410 (-43.1%), from €10,226 to €5,816
- Tangible fixed assets +€1,904
up €1,904 (+45.0%), from €4,231 to €6,135
of which Furniture and vehicles: +€1,290
- Other debts +€78,926
up €78,926 (+3712.4%), from €2,126 to €81,052
- Profit (loss) carried forward -€63,414
no longer reported in 2025 (was €63,414)
- Accrued charges and deferred income +€7,062
new in 2025: €7,062
- Trade debts +€2,869
up €2,869 (+28.8%), from €9,965 to €12,834
- Gross operating margin +€34,111
up €34,111, from -€11,622 to €22,489
- Taxes +€1,377
up €1,377 (+930.4%), from €148 to €1,525
- Other operating charges +€1,249
up €1,249 (+63.7%), from €1,960 to €3,209
- Depreciation -€623
down €623 (-30.6%), from €2,035 to €1,412
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 | €78,880 | €104,323 | +€25,443 | +32.3% |
| Fixed assets | 21/28 | €4,649 | €6,433 | +€1,784 | +38.4% |
| Intangible fixed assets | 21 | €418 | €298 | -€120 | -28.7% |
| Tangible fixed assets | 22/27 | €4,231 | €6,135 | +€1,904 | +45.0% |
| Plant, machinery and equipment | 23 | €3,312 | €4,061 | +€749 | +22.6% |
| Furniture and vehicles | 24 | - | €1,290 | +€1,290 | |
| Other tangible fixed assets | 26 | €919 | €784 | -€135 | -14.7% |
| Current assets | 29/58 | €74,231 | €97,890 | +€23,659 | +31.9% |
| Stocks and contracts in progress | 3 | €10,226 | €5,816 | -€4,410 | -43.1% |
| Stocks | 30/36 | €10,226 | €5,816 | -€4,410 | -43.1% |
| Amounts receivable within one year | 40/41 | €35,486 | €39,957 | +€4,471 | +12.6% |
| Trade receivables | 40 | €25,712 | €25,106 | -€606 | -2.4% |
| Other amounts receivable | 41 | €9,774 | €14,851 | +€5,077 | +51.9% |
| Cash at bank and in hand | 54/58 | €26,488 | €50,480 | +€23,992 | +90.6% |
| Deferred charges and accrued income | 490/1 | €2,031 | €1,637 | -€394 | -19.4% |
| Total equity and liabilities | 10/49 | €78,880 | €104,323 | +€25,443 | +32.3% |
| Equity | 10/15 | €64,914 | €1,500 | -€63,414 | -97.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,414 | - | -€63,414 | |
| Amounts payable | 17/49 | €13,966 | €102,823 | +€88,857 | +636.2% |
| Amounts payable within one year | 42/48 | €13,966 | €95,761 | +€81,795 | +585.7% |
| Trade debts | 44 | €9,965 | €12,834 | +€2,869 | +28.8% |
| Suppliers | 440/4 | €9,965 | €12,834 | +€2,869 | +28.8% |
| Taxes, remuneration and social security | 45 | €1,875 | €1,875 | = | 0.0% |
| Taxes | 450/3 | €1,875 | €1,875 | = | 0.0% |
| Other amounts payable | 47/48 | €2,126 | €81,052 | +€78,926 | +3712.4% |
| Accrued charges and deferred income | 492/3 | - | €7,062 | +€7,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,035 | €1,412 | -€623 | -30.6% |
| Other operating charges | 640/8 | €1,960 | €3,209 | +€1,249 | +63.7% |
| Gross operating margin | 9900 | -€11,622 | €22,489 | +€34,111 | |
| Operating profit (loss) | 9901 | -€15,617 | €17,868 | +€33,485 | |
| Financial income | 75/76B | €22 | €56 | +€34 | +154.5% |
| Recurring financial income | 75 | €22 | €56 | +€34 | +154.5% |
| Financial charges | 65/66B | €311 | €201 | -€110 | -35.4% |
| Recurring financial charges | 65 | €311 | €201 | -€110 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,906 | €17,723 | +€33,629 | |
| Income taxes | 67/77 | €148 | €1,525 | +€1,377 | +930.4% |
| Profit (loss) for the period | 9904 | -€16,054 | €16,198 | +€32,252 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,054 | €16,198 | +€32,252 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.