D C: 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.
D C
Largest movements
- Receivables within one year +€7,797
up €7,797 (+10.8%), from €72,348 to €80,145
- Cash +€6,211
up €6,211 (+529.4%), from €1,173 to €7,385
mainly Net result for the year (+€41,452) and Trade debts (+€8,783)
- Profit (loss) carried forward +€41,452
up €41,452 (+60.3%), from -€68,781 to -€27,329
- Tax, wage and social debts -€36,201
down €36,201 (-30.4%), from €119,221 to €83,020
of which Remuneration and social security: -€35,913
- Trade debts +€8,783
up €8,783 (+127.7%), from €6,879 to €15,662
- Staff costs -€35,708
no longer reported in 2025 (was €35,708)
- Gross operating margin -€10,395
down €10,395 (-16.7%), from €62,133 to €51,738
- Taxes +€8,778
new in 2025: €8,778
- Other operating charges -€5,867
down €5,867 (-91.3%), from €6,429 to €562
- Financial charges -€4,086
down €4,086 (-91.1%), from €4,486 to €399
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 | €77,780 | €91,813 | +€14,034 | +18.0% |
| Fixed assets | 21/28 | €4,258 | €3,548 | -€710 | -16.7% |
| Tangible fixed assets | 22/27 | €1,796 | €1,248 | -€548 | -30.5% |
| Furniture and vehicles | 24 | €1,796 | €1,248 | -€548 | -30.5% |
| Financial fixed assets | 28 | €2,462 | €2,300 | -€162 | -6.6% |
| Current assets | 29/58 | €73,522 | €88,265 | +€14,744 | +20.1% |
| Amounts receivable within one year | 40/41 | €72,348 | €80,145 | +€7,797 | +10.8% |
| Other amounts receivable | 41 | €72,348 | €80,145 | +€7,797 | +10.8% |
| Cash at bank and in hand | 54/58 | €1,173 | €7,385 | +€6,211 | +529.4% |
| Deferred charges and accrued income | 490/1 | - | €735 | +€735 | |
| Total equity and liabilities | 10/49 | €77,780 | €91,813 | +€14,034 | +18.0% |
| Equity | 10/15 | -€48,321 | -€6,869 | +€41,452 | +85.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€68,781 | -€27,329 | +€41,452 | +60.3% |
| Amounts payable | 17/49 | €126,101 | €98,683 | -€27,418 | -21.7% |
| Amounts payable within one year | 42/48 | €126,101 | €98,683 | -€27,418 | -21.7% |
| Trade debts | 44 | €6,879 | €15,662 | +€8,783 | +127.7% |
| Suppliers | 440/4 | €6,879 | €15,662 | +€8,783 | +127.7% |
| Taxes, remuneration and social security | 45 | €119,221 | €83,020 | -€36,201 | -30.4% |
| Taxes | 450/3 | €26,633 | €26,346 | -€288 | -1.1% |
| Remuneration and social security | 454/9 | €92,588 | €56,675 | -€35,913 | -38.8% |
| Remuneration, social security and pensions | 62 | €35,708 | - | -€35,708 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €548 | €548 | = | 0.0% |
| Other operating charges | 640/8 | €6,429 | €562 | -€5,867 | -91.3% |
| Gross operating margin | 9900 | €62,133 | €51,738 | -€10,395 | -16.7% |
| Operating profit (loss) | 9901 | €19,449 | €50,629 | +€31,180 | +160.3% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €4,486 | €399 | -€4,086 | -91.1% |
| Recurring financial charges | 65 | €4,486 | €399 | -€4,086 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €14,969 | €50,230 | +€35,260 | +235.6% |
| Income taxes | 67/77 | - | €8,778 | +€8,778 | |
| Profit (loss) for the period | 9904 | €14,969 | €41,452 | +€26,483 | +176.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,969 | €41,452 | +€26,483 | +176.9% |
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 28 September 2026 via checked.be.