D.C.R.: 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.
D.C.R.
Largest movements
- Cash -€12,754
down €12,754 (-62.7%), from €20,339 to €7,585
mainly Net result for the year (-€13,223) and Stocks and contracts (-€8,670)
- Stocks and contracts +€8,670
up €8,670 (+423%), from €2,050 to €10,720
- Receivables within one year -€8,429
down €8,429 (-95.6%), from €8,821 to €392
- Intangible fixed assets -€8,400
down €8,400 (-36.4%), from €23,083 to €14,683
- Tangible fixed assets -€1,158
down €1,158 (-40.5%), from €2,857 to €1,699
of which Furniture and vehicles: -€670
- Profit (loss) carried forward -€13,223
down €13,223 (-56.8%), from -€23,264 to -€36,487
- Trade debts -€6,724
down €6,724 (-95.2%), from €7,065 to €341
- Other debts -€2,143
down €2,143 (-9.8%), from €21,880 to €19,737
- Financial charges -€7,241
down €7,241 (-92.5%), from €7,825 to €583
of which Non-recurring financial charges: -€7,065
- Gross operating margin -€3,182
down €3,182, from €552 to -€2,629
- Write-downs -€1,296
new in 2025: -€1,296
- Other operating charges +€68
up €68 (+5.7%), from €1,205 to €1,274
- Depreciation +€38
up €38 (+0.4%), from €9,995 to €10,032
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 | €57,150 | €35,078 | -€22,072 | -38.6% |
| Fixed assets | 21/28 | €25,940 | €16,382 | -€9,558 | -36.8% |
| Intangible fixed assets | 21 | €23,083 | €14,683 | -€8,400 | -36.4% |
| Tangible fixed assets | 22/27 | €2,857 | €1,699 | -€1,158 | -40.5% |
| Plant, machinery and equipment | 23 | €258 | €142 | -€116 | -45.0% |
| Furniture and vehicles | 24 | €1,523 | €853 | -€670 | -44.0% |
| Other tangible fixed assets | 26 | €1,077 | €705 | -€372 | -34.6% |
| Current assets | 29/58 | €31,210 | €18,696 | -€12,514 | -40.1% |
| Stocks and contracts in progress | 3 | €2,050 | €10,720 | +€8,670 | +423% |
| Stocks | 30/36 | €2,050 | €10,720 | +€8,670 | +423% |
| Amounts receivable within one year | 40/41 | €8,821 | €392 | -€8,429 | -95.6% |
| Trade receivables | 40 | €8,821 | €392 | -€8,429 | -95.6% |
| Cash at bank and in hand | 54/58 | €20,339 | €7,585 | -€12,754 | -62.7% |
| Total equity and liabilities | 10/49 | €57,150 | €35,078 | -€22,072 | -38.6% |
| Equity | 10/15 | €27,187 | €13,964 | -€13,223 | -48.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €31,859 | €31,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,264 | -€36,487 | -€13,223 | -56.8% |
| Amounts payable | 17/49 | €29,963 | €21,114 | -€8,849 | -29.5% |
| Amounts payable within one year | 42/48 | €29,963 | €21,114 | -€8,849 | -29.5% |
| Trade debts | 44 | €7,065 | €341 | -€6,724 | -95.2% |
| Suppliers | 440/4 | €7,065 | €341 | -€6,724 | -95.2% |
| Advances received on contracts in progress | 46 | - | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €1,018 | €536 | -€482 | -47.3% |
| Taxes | 450/3 | €1,018 | €536 | -€482 | -47.3% |
| Other amounts payable | 47/48 | €21,880 | €19,737 | -€2,143 | -9.8% |
| Non-recurring operating income | 76A | €2,711 | - | -€2,711 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,995 | €10,032 | +€38 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,296 | -€1,296 | |
| Other operating charges | 640/8 | €1,205 | €1,274 | +€68 | +5.7% |
| Gross operating margin | 9900 | €552 | -€2,629 | -€3,182 | |
| Operating profit (loss) | 9901 | -€10,648 | -€12,639 | -€1,991 | -18.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,825 | €583 | -€7,241 | -92.5% |
| Recurring financial charges | 65 | €760 | €583 | -€176 | -23.2% |
| Non-recurring financial charges | 66B | €7,065 | - | -€7,065 | |
| Profit (loss) for the period before taxes | 9903 | -€18,472 | -€13,223 | +€5,250 | +28.4% |
| Profit (loss) for the period | 9904 | -€18,472 | -€13,223 | +€5,250 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,472 | -€13,223 | +€5,250 | +28.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.