D.G.A.: 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.G.A.
Largest movements
- Cash +€45,878
up €45,878 (+47.2%), from €97,180 to €143,058
mainly Depreciation (+€53,044) and Trade debts (+€2,118)
- Tangible fixed assets -€45,261
down €45,261 (-12.5%), from €361,131 to €315,871
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€801
up €801 (+1.4%), from €56,219 to €57,020
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 | €542,466 | €543,084 | +€618 | +0.1% |
| Fixed assets | 21/28 | €361,131 | €315,871 | -€45,261 | -12.5% |
| Tangible fixed assets | 22/27 | €361,131 | €315,871 | -€45,261 | -12.5% |
| Land and buildings | 22 | €361,131 | €315,871 | -€45,261 | -12.5% |
| Current assets | 29/58 | €181,335 | €227,213 | +€45,878 | +25.3% |
| Amounts receivable within one year | 40/41 | €84,155 | €84,155 | = | 0.0% |
| Other amounts receivable | 41 | €84,155 | €84,155 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,180 | €143,058 | +€45,878 | +47.2% |
| Total equity and liabilities | 10/49 | €542,466 | €543,084 | +€618 | +0.1% |
| Equity | 10/15 | €537,091 | €535,591 | -€1,500 | -0.3% |
| Contributions | 10/11 | €727,000 | €727,000 | = | 0.0% |
| Capital | 10 | €727,000 | €727,000 | = | 0.0% |
| Issued capital | 100 | €727,000 | €727,000 | = | 0.0% |
| Reserves | 13 | €6,780 | €6,780 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,553 | €2,553 | = | 0.0% |
| Legal reserve | 130 | €2,553 | €2,553 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,227 | €4,227 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€196,689 | -€198,189 | -€1,500 | -0.8% |
| Amounts payable | 17/49 | €5,375 | €7,493 | +€2,118 | +39.4% |
| Amounts payable within one year | 42/48 | €5,375 | €7,493 | +€2,118 | +39.4% |
| Trade debts | 44 | €2,495 | €4,613 | +€2,118 | +84.9% |
| Suppliers | 440/4 | €2,495 | €4,613 | +€2,118 | +84.9% |
| Other amounts payable | 47/48 | €2,880 | €2,880 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,511 | €53,044 | -€467 | -0.9% |
| Other operating charges | 640/8 | €5,626 | €5,401 | -€225 | -4.0% |
| Gross operating margin | 9900 | €56,219 | €57,020 | +€801 | +1.4% |
| Operating profit (loss) | 9901 | -€2,918 | -€1,425 | +€1,493 | +51.2% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,991 | -€1,500 | +€1,491 | +49.8% |
| Profit (loss) for the period | 9904 | -€2,991 | -€1,500 | +€1,491 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,991 | -€1,500 | +€1,491 | +49.8% |
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 7 October 2026 via checked.be.