D-Commerce: 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-Commerce
Largest movements
- Cash -€8,153
down €8,153 (-19.1%), from €42,700 to €34,547
mainly Net result for the year (-€8,694)
- Profit (loss) carried forward -€8,694
down €8,694 (-0.1%), from -€6.0m to -€6.0m
- Trade debts +€541
up €541 (+15.5%), from €3,480 to €4,021
- Financial charges -€6.2m
down €6.2m (-100.0%), from €6.2m to €504
of which Non-recurring financial charges: -€6.2m
- Gross operating margin +€1,555
up €1,555 (+18.0%), from -€8,618 to -€7,064
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 | €42,700 | €34,547 | -€8,153 | -19.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €42,700 | €34,547 | -€8,153 | -19.1% |
| Cash at bank and in hand | 54/58 | €42,700 | €34,547 | -€8,153 | -19.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €42,700 | €34,547 | -€8,153 | -19.1% |
| Equity | 10/15 | €39,220 | €30,526 | -€8,694 | -22.2% |
| Contributions | 10/11 | €6,012,000 | €6,012,000 | = | 0.0% |
| Capital | 10 | €6,012,000 | €6,012,000 | = | 0.0% |
| Issued capital | 100 | €6,012,000 | €6,012,000 | = | 0.0% |
| Reserves | 13 | €11,580 | €11,580 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,580 | €11,580 | = | 0.0% |
| Legal reserve | 130 | €11,580 | €11,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,984,360 | -€5,993,054 | -€8,694 | -0.1% |
| Amounts payable | 17/49 | €3,480 | €4,021 | +€541 | +15.5% |
| Amounts payable within one year | 42/48 | €3,480 | €4,021 | +€541 | +15.5% |
| Trade debts | 44 | €3,480 | €4,021 | +€541 | +15.5% |
| Suppliers | 440/4 | €3,480 | €4,021 | +€541 | +15.5% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€8,618 | -€7,064 | +€1,555 | +18.0% |
| Operating profit (loss) | 9901 | -€9,712 | -€8,190 | +€1,522 | +15.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,188,831 | €504 | -€6.2m | -100.0% |
| Recurring financial charges | 65 | €419 | €504 | +€84 | +20.1% |
| Non-recurring financial charges | 66B | €6,188,412 | €0 | -€6.2m | -100% |
| Profit (loss) for the period before taxes | 9903 | -€6,198,543 | -€8,694 | +€6.2m | +99.9% |
| Profit (loss) for the period | 9904 | -€6,198,543 | -€8,694 | +€6.2m | +99.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,198,543 | -€8,694 | +€6.2m | +99.9% |
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 13 October 2026 via checked.be.