D.T.C.: 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.T.C.
Largest movements
- Cash +€8,600
up €8,600 (+7.3%), from €118,002 to €126,602
mainly Depreciation (+€7,896) and Net result for the year (+€3,296)
- Tangible fixed assets -€6,446
down €6,446 (-36.5%), from €17,669 to €11,223
of which Plant, machinery and equipment: -€5,923
- Receivables within one year -€2,301
down €2,301 (-35.9%), from €6,419 to €4,118
- Other debts -€3,508
down €3,508 (-18.8%), from €18,650 to €15,142
- Reserves +€3,296
up €3,296 (+3.0%), from €108,914 to €112,210
of which Distributable reserves: +€3,296
- Write-downs -€11,335
down €11,335 (-100.0%), from €11,335 to €0
- Gross operating margin -€2,658
down €2,658 (-17.5%), from €15,152 to €12,495
- Taxes +€330
new in 2025: €330
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 | €155,679 | €155,555 | -€123 | -0.1% |
| Fixed assets | 21/28 | €17,669 | €11,223 | -€6,446 | -36.5% |
| Tangible fixed assets | 22/27 | €17,669 | €11,223 | -€6,446 | -36.5% |
| Land and buildings | 22 | €1,567 | €1,045 | -€522 | -33.3% |
| Plant, machinery and equipment | 23 | €16,102 | €10,179 | -€5,923 | -36.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €138,010 | €144,332 | +€6,323 | +4.6% |
| Stocks and contracts in progress | 3 | €12,996 | €12,996 | = | 0.0% |
| Stocks | 30/36 | €12,996 | €12,996 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,419 | €4,118 | -€2,301 | -35.9% |
| Trade receivables | 40 | €6,419 | €4,118 | -€2,301 | -35.9% |
| Cash at bank and in hand | 54/58 | €118,002 | €126,602 | +€8,600 | +7.3% |
| Deferred charges and accrued income | 490/1 | €593 | €617 | +€24 | +4.0% |
| Total equity and liabilities | 10/49 | €155,679 | €155,555 | -€123 | -0.1% |
| Equity | 10/15 | €133,703 | €136,999 | +€3,296 | +2.5% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €108,914 | €112,210 | +€3,296 | +3.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €106,435 | €109,731 | +€3,296 | +3.1% |
| Amounts payable | 17/49 | €21,976 | €18,556 | -€3,419 | -15.6% |
| Amounts payable within one year | 42/48 | €21,588 | €18,156 | -€3,432 | -15.9% |
| Trade debts | 44 | €1,652 | €1,856 | +€204 | +12.4% |
| Suppliers | 440/4 | €1,652 | €1,856 | +€204 | +12.4% |
| Taxes, remuneration and social security | 45 | €1,286 | €1,159 | -€128 | -9.9% |
| Taxes | 450/3 | €1,286 | €1,159 | -€128 | -9.9% |
| Other amounts payable | 47/48 | €18,650 | €15,142 | -€3,508 | -18.8% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating income | 76A | €1,760 | €0 | -€1,760 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,928 | €7,896 | -€32 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,335 | €0 | -€11,335 | -100.0% |
| Other operating charges | 640/8 | €619 | €640 | +€21 | +3.3% |
| Non-recurring operating charges | 66A | €17,126 | €0 | -€17,126 | -100.0% |
| Gross operating margin | 9900 | €15,152 | €12,495 | -€2,658 | -17.5% |
| Operating profit (loss) | 9901 | -€21,855 | €3,959 | +€25,814 | |
| Financial income | 75/76B | €11 | €0 | -€11 | -100.0% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100.0% |
| Financial charges | 65/66B | €254 | €334 | +€80 | +31.6% |
| Recurring financial charges | 65 | €254 | €334 | +€80 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,097 | €3,626 | +€25,723 | |
| Income taxes | 67/77 | - | €330 | +€330 | |
| Profit (loss) for the period | 9904 | -€22,097 | €3,296 | +€25,393 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,097 | €3,296 | +€25,393 |
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 10 October 2026 via checked.be.