DSTN: 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.
DSTN
Largest movements
- Cash +€67,194
up €67,194 (+1450.1%), from €4,634 to €71,828
mainly Net result for the year (+€94,404) and Receivables within one year (+€35,373)
- Receivables within one year -€35,373
down €35,373 (-50.7%), from €69,820 to €34,447
of which Other amounts receivable: -€40,213
- Tangible fixed assets -€16,447
down €16,447 (-3.1%), from €524,701 to €508,254
of which Land and buildings: -€16,864
- Profit (loss) carried forward +€94,404
up €94,404 (+58.8%), from €160,560 to €254,965
- Other debts -€56,753
down €56,753 (-85.0%), from €66,753 to €10,000
- Debts after one year -€22,013
down €22,013 (-6.8%), from €324,527 to €302,515
- Gross operating margin -€45,014
down €45,014 (-23.1%), from €194,811 to €149,796
- Depreciation -€10,501
down €10,501 (-37.8%), from €27,773 to €17,272
- Taxes -€8,627
down €8,627 (-25.2%), from €34,207 to €25,580
- Financial charges -€2,199
down €2,199 (-18.8%), from €11,710 to €9,511
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 | €599,276 | €614,708 | +€15,431 | +2.6% |
| Fixed assets | 21/28 | €524,701 | €508,254 | -€16,447 | -3.1% |
| Tangible fixed assets | 22/27 | €524,701 | €508,254 | -€16,447 | -3.1% |
| Land and buildings | 22 | €523,810 | €506,946 | -€16,864 | -3.2% |
| Furniture and vehicles | 24 | €891 | €1,308 | +€417 | +46.9% |
| Current assets | 29/58 | €74,576 | €106,454 | +€31,878 | +42.7% |
| Amounts receivable within one year | 40/41 | €69,820 | €34,447 | -€35,373 | -50.7% |
| Trade receivables | 40 | - | €4,840 | +€4,840 | |
| Other amounts receivable | 41 | €69,820 | €29,607 | -€40,213 | -57.6% |
| Cash at bank and in hand | 54/58 | €4,634 | €71,828 | +€67,194 | +1450.1% |
| Deferred charges and accrued income | 490/1 | €121 | €178 | +€57 | +47.0% |
| Total equity and liabilities | 10/49 | €599,276 | €614,708 | +€15,431 | +2.6% |
| Equity | 10/15 | €174,820 | €269,225 | +€94,404 | +54.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,560 | €254,965 | +€94,404 | +58.8% |
| Amounts payable | 17/49 | €424,456 | €345,483 | -€78,973 | -18.6% |
| Amounts payable after more than one year | 17 | €324,527 | €302,515 | -€22,013 | -6.8% |
| Financial debts | 170/4 | €324,527 | €302,515 | -€22,013 | -6.8% |
| Amounts payable within one year | 42/48 | €99,463 | €42,694 | -€56,769 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €21,408 | €22,013 | +€605 | +2.8% |
| Trade debts | 44 | €6,421 | €5,928 | -€493 | -7.7% |
| Suppliers | 440/4 | €6,421 | €5,928 | -€493 | -7.7% |
| Taxes, remuneration and social security | 45 | €4,882 | €4,753 | -€128 | -2.6% |
| Taxes | 450/3 | €4,882 | €4,753 | -€128 | -2.6% |
| Other amounts payable | 47/48 | €66,753 | €10,000 | -€56,753 | -85.0% |
| Accrued charges and deferred income | 492/3 | €465 | €275 | -€191 | -41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,773 | €17,272 | -€10,501 | -37.8% |
| Other operating charges | 640/8 | €2,356 | €3,029 | +€673 | +28.6% |
| Gross operating margin | 9900 | €194,811 | €149,796 | -€45,014 | -23.1% |
| Operating profit (loss) | 9901 | €164,682 | €129,495 | -€35,187 | -21.4% |
| Financial charges | 65/66B | €11,710 | €9,511 | -€2,199 | -18.8% |
| Recurring financial charges | 65 | €11,710 | €9,511 | -€2,199 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €152,972 | €119,984 | -€32,987 | -21.6% |
| Income taxes | 67/77 | €34,207 | €25,580 | -€8,627 | -25.2% |
| Profit (loss) for the period | 9904 | €118,765 | €94,404 | -€24,361 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €118,765 | €94,404 | -€24,361 | -20.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.