D'CALQUE: 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'CALQUE
Largest movements
- Receivables within one year +€858
new in 2025: €858
- Cash -€845
down €845 (-22.1%), from €3,829 to €2,984
mainly Net result for the year (-€3,764) and Receivables within one year (-€858)
- Formation expenses -€459
down €459 (-42.0%), from €1,095 to €636
- Tangible fixed assets -€333
down €333 (-73.4%), from €454 to €121
- Deferred charges and accrued income -€205
down €205 (-22.1%), from €930 to €725
- Profit (loss) carried forward -€3,764
down €3,764 (-27.8%), from -€13,553 to -€17,317
- Other debts +€975
up €975 (+7.2%), from €13,483 to €14,458
- Trade debts +€939
up €939 (+117.7%), from €798 to €1,737
- Accrued charges and deferred income +€618
new in 2025: €618
- Tax, wage and social debts +€247
up €247 (+42.5%), from €581 to €828
- Gross operating margin +€171
up €171 (+8.3%), from -€2,063 to -€1,892
- Financial charges -€170
down €170 (-23.3%), from €732 to €562
- Depreciation -€120
down €120 (-13.1%), from €912 to €793
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 | €6,309 | €5,323 | -€985 | -15.6% |
| Formation expenses | 20 | €1,095 | €636 | -€459 | -42.0% |
| Fixed assets | 21/28 | €454 | €121 | -€333 | -73.4% |
| Tangible fixed assets | 22/27 | €454 | €121 | -€333 | -73.4% |
| Furniture and vehicles | 24 | €454 | €121 | -€333 | -73.4% |
| Current assets | 29/58 | €4,760 | €4,567 | -€193 | -4.0% |
| Amounts receivable within one year | 40/41 | - | €858 | +€858 | |
| Trade receivables | 40 | - | €858 | +€858 | |
| Cash at bank and in hand | 54/58 | €3,829 | €2,984 | -€845 | -22.1% |
| Deferred charges and accrued income | 490/1 | €930 | €725 | -€205 | -22.1% |
| Total equity and liabilities | 10/49 | €6,309 | €5,323 | -€985 | -15.6% |
| Equity | 10/15 | -€8,553 | -€12,317 | -€3,764 | -44.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,553 | -€17,317 | -€3,764 | -27.8% |
| Amounts payable | 17/49 | €14,862 | €17,641 | +€2,779 | +18.7% |
| Amounts payable within one year | 42/48 | €14,862 | €17,023 | +€2,161 | +14.5% |
| Trade debts | 44 | €798 | €1,737 | +€939 | +117.7% |
| Suppliers | 440/4 | €798 | €1,737 | +€939 | +117.7% |
| Taxes, remuneration and social security | 45 | €581 | €828 | +€247 | +42.5% |
| Taxes | 450/3 | €581 | €828 | +€247 | +42.5% |
| Other amounts payable | 47/48 | €13,483 | €14,458 | +€975 | +7.2% |
| Accrued charges and deferred income | 492/3 | - | €618 | +€618 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €912 | €793 | -€120 | -13.1% |
| Other operating charges | 640/8 | €375 | €386 | +€11 | +2.8% |
| Gross operating margin | 9900 | -€2,063 | -€1,892 | +€171 | +8.3% |
| Operating profit (loss) | 9901 | -€3,350 | -€3,070 | +€280 | +8.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €732 | €562 | -€170 | -23.3% |
| Recurring financial charges | 65 | €732 | €562 | -€170 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,083 | -€3,632 | +€451 | +11.0% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€4,211 | -€3,764 | +€447 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,211 | -€3,764 | +€447 | +10.6% |
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 3 October 2026 via checked.be.