DUSODIS: 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.
DUSODIS
Largest movements
- Cash -€414,367
down €414,367 (-78.0%), from €531,410 to €117,043
mainly Receivables within one year (-€313,220) and Contributions, distributions and other (-€115,000)
- Receivables within one year +€313,220
up €313,220 (+5752.0%), from €5,445 to €318,665
of which Other amounts receivable: +€311,336
- Tangible fixed assets -€28,361
down €28,361 (-23.5%), from €120,832 to €92,471
- Stocks and contracts +€17,754
up €17,754 (+11.1%), from €159,888 to €177,642
- Trade debts -€58,429
down €58,429 (-29.8%), from €195,751 to €137,323
- Current portion of long-term debt -€53,050
down €53,050 (-74.9%), from €70,873 to €17,823
- Profit (loss) carried forward +€29,415
up €29,415 (+13.3%), from €221,698 to €251,113
- Debts after one year -€17,823
no longer reported in 2025 (was €17,823)
- Tax, wage and social debts -€11,801
down €11,801 (-25.9%), from €45,564 to €33,762
of which Taxes: -€6,185
- Gross operating margin -€60,601
down €60,601 (-12.7%), from €475,742 to €415,141
- Staff costs -€15,440
down €15,440 (-8.0%), from €193,938 to €178,498
- Taxes -€14,032
down €14,032 (-22.4%), from €62,696 to €48,664
- Depreciation -€7,722
down €7,722 (-21.4%), from €36,082 to €28,361
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 | €819,685 | €708,000 | -€111,685 | -13.6% |
| Fixed assets | 21/28 | €121,195 | €92,834 | -€28,361 | -23.4% |
| Tangible fixed assets | 22/27 | €120,832 | €92,471 | -€28,361 | -23.5% |
| Other tangible fixed assets | 26 | €120,832 | €92,471 | -€28,361 | -23.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €698,490 | €615,166 | -€83,324 | -11.9% |
| Stocks and contracts in progress | 3 | €159,888 | €177,642 | +€17,754 | +11.1% |
| Stocks | 30/36 | €159,888 | €177,642 | +€17,754 | +11.1% |
| Amounts receivable within one year | 40/41 | €5,445 | €318,665 | +€313,220 | +5752.0% |
| Trade receivables | 40 | €396 | €2,279 | +€1,884 | +476.1% |
| Other amounts receivable | 41 | €5,050 | €316,386 | +€311,336 | +6165.4% |
| Cash at bank and in hand | 54/58 | €531,410 | €117,043 | -€414,367 | -78.0% |
| Deferred charges and accrued income | 490/1 | €1,747 | €1,816 | +€69 | +3.9% |
| Total equity and liabilities | 10/49 | €819,685 | €708,000 | -€111,685 | -13.6% |
| Equity | 10/15 | €374,363 | €403,778 | +€29,415 | +7.9% |
| Contributions | 10/11 | €52,665 | €52,665 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,698 | €251,113 | +€29,415 | +13.3% |
| Amounts payable | 17/49 | €445,322 | €304,222 | -€141,100 | -31.7% |
| Amounts payable after more than one year | 17 | €17,823 | - | -€17,823 | |
| Financial debts | 170/4 | €17,823 | - | -€17,823 | |
| Amounts payable within one year | 42/48 | €427,188 | €303,908 | -€123,280 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €70,873 | €17,823 | -€53,050 | -74.9% |
| Trade debts | 44 | €195,751 | €137,323 | -€58,429 | -29.8% |
| Suppliers | 440/4 | €195,751 | €137,323 | -€58,429 | -29.8% |
| Taxes, remuneration and social security | 45 | €45,564 | €33,762 | -€11,801 | -25.9% |
| Taxes | 450/3 | €21,185 | €15,000 | -€6,185 | -29.2% |
| Remuneration and social security | 454/9 | €24,378 | €18,762 | -€5,616 | -23.0% |
| Other amounts payable | 47/48 | €115,000 | €115,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €312 | €314 | +€2 | +0.8% |
| Remuneration, social security and pensions | 62 | €193,938 | €178,498 | -€15,440 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,082 | €28,361 | -€7,722 | -21.4% |
| Other operating charges | 640/8 | €13,615 | €10,967 | -€2,648 | -19.4% |
| Gross operating margin | 9900 | €475,742 | €415,141 | -€60,601 | -12.7% |
| Operating profit (loss) | 9901 | €232,107 | €197,315 | -€34,792 | -15.0% |
| Financial income | 75/76B | €485 | €626 | +€141 | +29.0% |
| Recurring financial income | 75 | €485 | €626 | +€141 | +29.0% |
| Financial charges | 65/66B | €4,394 | €4,862 | +€468 | +10.6% |
| Recurring financial charges | 65 | €4,394 | €4,862 | +€468 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €228,198 | €193,079 | -€35,119 | -15.4% |
| Income taxes | 67/77 | €62,696 | €48,664 | -€14,032 | -22.4% |
| Profit (loss) for the period | 9904 | €165,503 | €144,415 | -€21,087 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €165,503 | €144,415 | -€21,087 | -12.7% |
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 30 September 2026 via checked.be.