DUSART AARSCHOT: 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.
DUSART AARSCHOT
Largest movements
- Receivables within one year -€19,717
down €19,717 (-45.3%), from €43,516 to €23,799
of which Trade receivables: -€27,221
- Cash +€10,134
up €10,134 (+27.4%), from €36,947 to €47,082
mainly Receivables within one year (+€19,717) and Net result for the year (+€19,593)
- Tangible fixed assets -€2,475
down €2,475 (-16.3%), from €15,198 to €12,724
of which Plant, machinery and equipment: -€2,849
- Trade debts -€21,223
down €21,223 (-64.5%), from €32,883 to €11,660
- Other debts -€15,171
down €15,171 (-34.0%), from €44,656 to €29,485
- Profit (loss) carried forward +€13,593
up €13,593, from -€12,995 to €598
- Tax, wage and social debts +€6,023
up €6,023 (+216%), from €2,785 to €8,807
- Reserves +€6,000
up €6,000 (+45.0%), from €13,334 to €19,334
of which Distributable reserves: +€6,000
- Gross operating margin +€10,222
up €10,222 (+54.3%), from €18,830 to €29,052
- Taxes +€3,140
new in 2026: €3,140
- Depreciation +€568
up €568 (+16.9%), from €3,357 to €3,925
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,254 | €88,476 | -€10,778 | -10.9% |
| Fixed assets | 21/28 | €15,198 | €12,724 | -€2,475 | -16.3% |
| Tangible fixed assets | 22/27 | €15,198 | €12,724 | -€2,475 | -16.3% |
| Plant, machinery and equipment | 23 | €10,139 | €7,291 | -€2,849 | -28.1% |
| Furniture and vehicles | 24 | - | €967 | +€967 | |
| Other tangible fixed assets | 26 | €5,059 | €4,466 | -€593 | -11.7% |
| Current assets | 29/58 | €84,056 | €75,752 | -€8,304 | -9.9% |
| Stocks and contracts in progress | 3 | €3,510 | €4,191 | +€681 | +19.4% |
| Stocks | 30/36 | €3,510 | €4,191 | +€681 | +19.4% |
| Amounts receivable within one year | 40/41 | €43,516 | €23,799 | -€19,717 | -45.3% |
| Trade receivables | 40 | €38,231 | €11,011 | -€27,221 | -71.2% |
| Other amounts receivable | 41 | €5,285 | €12,789 | +€7,504 | +142% |
| Cash at bank and in hand | 54/58 | €36,947 | €47,082 | +€10,134 | +27.4% |
| Deferred charges and accrued income | 490/1 | €82 | €680 | +€598 | +730% |
| Total equity and liabilities | 10/49 | €99,254 | €88,476 | -€10,778 | -10.9% |
| Equity | 10/15 | €18,931 | €38,524 | +€19,593 | +103% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,334 | €19,334 | +€6,000 | +45.0% |
| Non-distributable reserves | 130/1 | €939 | €939 | = | 0.0% |
| Reserves not available under the articles | 1311 | €939 | €939 | = | 0.0% |
| Distributable reserves | 133 | €12,395 | €18,395 | +€6,000 | +48.4% |
| Profit (loss) carried forward | 14 | -€12,995 | €598 | +€13,593 | |
| Amounts payable | 17/49 | €80,323 | €49,952 | -€30,371 | -37.8% |
| Amounts payable within one year | 42/48 | €80,323 | €49,952 | -€30,371 | -37.8% |
| Trade debts | 44 | €32,883 | €11,660 | -€21,223 | -64.5% |
| Suppliers | 440/4 | €32,883 | €11,660 | -€21,223 | -64.5% |
| Taxes, remuneration and social security | 45 | €2,785 | €8,807 | +€6,023 | +216% |
| Taxes | 450/3 | €2,785 | €8,807 | +€6,023 | +216% |
| Other amounts payable | 47/48 | €44,656 | €29,485 | -€15,171 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,357 | €3,925 | +€568 | +16.9% |
| Other operating charges | 640/8 | €2,342 | €2,124 | -€218 | -9.3% |
| Gross operating margin | 9900 | €18,830 | €29,052 | +€10,222 | +54.3% |
| Operating profit (loss) | 9901 | €13,132 | €23,003 | +€9,872 | +75.2% |
| Financial income | 75/76B | €120 | €209 | +€90 | +74.9% |
| Recurring financial income | 75 | €120 | €209 | +€90 | +74.9% |
| Financial charges | 65/66B | €722 | €480 | -€242 | -33.5% |
| Recurring financial charges | 65 | €722 | €480 | -€242 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €12,530 | €22,733 | +€10,203 | +81.4% |
| Income taxes | 67/77 | - | €3,140 | +€3,140 | |
| Profit (loss) for the period | 9904 | €12,530 | €19,593 | +€7,063 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,530 | €19,593 | +€7,063 | +56.4% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.