DUSOVO: 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.
DUSOVO
Largest movements
- Cash +€173,841
up €173,841 (+283%), from €61,334 to €235,175
mainly Net result for the year (+€146,033) and Receivables within one year (+€124,641)
- Receivables within one year -€124,641
down €124,641 (-74.0%), from €168,354 to €43,712
of which Other amounts receivable: -€120,169
- Reserves +€72,365
up €72,365 (+11.3%), from €642,053 to €714,418
- Tax, wage and social debts -€26,235
no longer reported in 2025 (was €26,235)
- Gross operating margin +€29,413
up €29,413 (+16.2%), from €181,450 to €210,862
- Taxes +€8,561
up €8,561 (+13.9%), from €61,487 to €70,048
- Financial income -€2,427
down €2,427 (-19.9%), from €12,168 to €9,741
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 | €672,130 | €717,036 | +€44,906 | +6.7% |
| Fixed assets | 21/28 | €4,071 | €3,649 | -€422 | -10.4% |
| Tangible fixed assets | 22/27 | €4,071 | €3,649 | -€422 | -10.4% |
| Plant, machinery and equipment | 23 | €693 | €1,685 | +€992 | +143% |
| Furniture and vehicles | 24 | €3,378 | €1,964 | -€1,414 | -41.9% |
| Current assets | 29/58 | €668,059 | €713,387 | +€45,328 | +6.8% |
| Amounts receivable after more than one year | 29 | €438,100 | €434,500 | -€3,600 | -0.8% |
| Other amounts receivable | 291 | €438,100 | €434,500 | -€3,600 | -0.8% |
| Amounts receivable within one year | 40/41 | €168,354 | €43,712 | -€124,641 | -74.0% |
| Trade receivables | 40 | €13,402 | €8,929 | -€4,472 | -33.4% |
| Other amounts receivable | 41 | €154,952 | €34,783 | -€120,169 | -77.6% |
| Cash at bank and in hand | 54/58 | €61,334 | €235,175 | +€173,841 | +283% |
| Deferred charges and accrued income | 490/1 | €272 | - | -€272 | |
| Total equity and liabilities | 10/49 | €672,130 | €717,036 | +€44,906 | +6.7% |
| Equity | 10/15 | €642,195 | €714,560 | +€72,365 | +11.3% |
| Contributions | 10/11 | €142 | €142 | = | 0.0% |
| Reserves | 13 | €642,053 | €714,418 | +€72,365 | +11.3% |
| Distributable reserves | 133 | €642,053 | €714,418 | +€72,365 | +11.3% |
| Amounts payable | 17/49 | €29,935 | €2,476 | -€27,460 | -91.7% |
| Amounts payable within one year | 42/48 | €29,935 | €1,770 | -€28,165 | -94.1% |
| Trade debts | 44 | €2,035 | €104 | -€1,930 | -94.9% |
| Suppliers | 440/4 | €2,035 | €104 | -€1,930 | -94.9% |
| Taxes, remuneration and social security | 45 | €26,235 | - | -€26,235 | |
| Taxes | 450/3 | €26,235 | - | -€26,235 | |
| Other amounts payable | 47/48 | €1,666 | €1,666 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €705 | +€705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,283 | €1,851 | +€568 | +44.2% |
| Other operating charges | 640/8 | €2,608 | €813 | -€1,795 | -68.8% |
| Gross operating margin | 9900 | €181,450 | €210,862 | +€29,413 | +16.2% |
| Operating profit (loss) | 9901 | €177,559 | €208,198 | +€30,639 | +17.3% |
| Financial income | 75/76B | €12,168 | €9,741 | -€2,427 | -19.9% |
| Recurring financial income | 75 | €12,168 | €9,741 | -€2,427 | -19.9% |
| Financial charges | 65/66B | €2,509 | €1,858 | -€651 | -26.0% |
| Recurring financial charges | 65 | €2,509 | €1,858 | -€651 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €187,217 | €216,081 | +€28,864 | +15.4% |
| Income taxes | 67/77 | €61,487 | €70,048 | +€8,561 | +13.9% |
| Profit (loss) for the period | 9904 | €125,730 | €146,033 | +€20,303 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €125,730 | €146,033 | +€20,303 | +16.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.