DUSTABO: 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.
DUSTABO
Largest movements
- Deferred charges and accrued income -€24,911
down €24,911 (-55.9%), from €44,586 to €19,675
- Cash +€13,512
up €13,512 (+12.3%), from €110,091 to €123,603
mainly Deferred charges and accrued income (+€24,911) and Net result for the year (+€19,842)
- Receivables within one year +€10,594
up €10,594 (+23.2%), from €45,699 to €56,292
of which Trade receivables: +€15,207
- Tangible fixed assets -€9,714
down €9,714 (-21.4%), from €45,369 to €35,655
of which Furniture and vehicles: -€8,437
- Current investments +€7,237
up €7,237 (+18.2%), from €39,768 to €47,005
- Reserves +€18,000
up €18,000 (+10.8%), from €166,860 to €184,860
of which Distributable reserves: +€18,000
- Tax, wage and social debts -€16,430
down €16,430 (-57.3%), from €28,689 to €12,260
of which Taxes: -€16,454
- Debts after one year -€6,271
down €6,271 (-30.1%), from €20,853 to €14,582
- Gross operating margin -€24,251
down €24,251 (-36.7%), from €66,152 to €41,901
- Taxes -€8,412
down €8,412 (-48.6%), from €17,320 to €8,907
- Financial income -€1,346
down €1,346 (-96.8%), from €1,391 to €45
- Depreciation +€1,084
up €1,084 (+10.3%), from €10,481 to €11,565
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 | €285,513 | €282,231 | -€3,282 | -1.1% |
| Fixed assets | 21/28 | €45,369 | €35,655 | -€9,714 | -21.4% |
| Tangible fixed assets | 22/27 | €45,369 | €35,655 | -€9,714 | -21.4% |
| Furniture and vehicles | 24 | €40,202 | €31,764 | -€8,437 | -21.0% |
| Other tangible fixed assets | 26 | €5,167 | €3,891 | -€1,277 | -24.7% |
| Current assets | 29/58 | €240,143 | €246,575 | +€6,432 | +2.7% |
| Amounts receivable within one year | 40/41 | €45,699 | €56,292 | +€10,594 | +23.2% |
| Trade receivables | 40 | €40,941 | €56,148 | +€15,207 | +37.1% |
| Other amounts receivable | 41 | €4,758 | €145 | -€4,613 | -97.0% |
| Current investments | 50/53 | €39,768 | €47,005 | +€7,237 | +18.2% |
| Cash at bank and in hand | 54/58 | €110,091 | €123,603 | +€13,512 | +12.3% |
| Deferred charges and accrued income | 490/1 | €44,586 | €19,675 | -€24,911 | -55.9% |
| Total equity and liabilities | 10/49 | €285,513 | €282,231 | -€3,282 | -1.1% |
| Equity | 10/15 | €225,011 | €244,853 | +€19,842 | +8.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €166,860 | €184,860 | +€18,000 | +10.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €165,000 | €183,000 | +€18,000 | +10.9% |
| Profit (loss) carried forward | 14 | €45,751 | €47,593 | +€1,842 | +4.0% |
| Amounts payable | 17/49 | €60,501 | €37,378 | -€23,124 | -38.2% |
| Amounts payable after more than one year | 17 | €20,853 | €14,582 | -€6,271 | -30.1% |
| Financial debts | 170/4 | €20,853 | €14,582 | -€6,271 | -30.1% |
| Amounts payable within one year | 42/48 | €39,649 | €22,796 | -€16,853 | -42.5% |
| Current portion of amounts payable after more than one year | 42 | €5,998 | €6,271 | +€273 | +4.5% |
| Trade debts | 44 | €1,111 | €2,545 | +€1,435 | +129.2% |
| Suppliers | 440/4 | €1,111 | €2,545 | +€1,435 | +129.2% |
| Taxes, remuneration and social security | 45 | €28,689 | €12,260 | -€16,430 | -57.3% |
| Taxes | 450/3 | €28,689 | €12,235 | -€16,454 | -57.4% |
| Remuneration and social security | 454/9 | - | €25 | +€25 | |
| Other amounts payable | 47/48 | €3,850 | €1,720 | -€2,130 | -55.3% |
| Non-recurring operating income | 76A | €4,132 | - | -€4,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,481 | €11,565 | +€1,084 | +10.3% |
| Other operating charges | 640/8 | €249 | €267 | +€18 | +7.1% |
| Gross operating margin | 9900 | €66,152 | €41,901 | -€24,251 | -36.7% |
| Operating profit (loss) | 9901 | €55,422 | €30,069 | -€25,353 | -45.7% |
| Financial income | 75/76B | €1,391 | €45 | -€1,346 | -96.8% |
| Recurring financial income | 75 | €1,391 | €45 | -€1,346 | -96.8% |
| Financial charges | 65/66B | €894 | €1,365 | +€471 | +52.7% |
| Recurring financial charges | 65 | €894 | €1,365 | +€471 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €55,919 | €28,749 | -€27,170 | -48.6% |
| Income taxes | 67/77 | €17,320 | €8,907 | -€8,412 | -48.6% |
| Profit (loss) for the period | 9904 | €38,599 | €19,842 | -€18,758 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,599 | €19,842 | -€18,758 | -48.6% |
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 4 October 2026 via checked.be.