DATACORE: 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.
DATACORE
Largest movements
- Receivables within one year +€788,239
up €788,239 (+147.9%), from €533,132 to €1.3m
of which Other amounts receivable: +€525,668
- Tangible fixed assets -€370,402
down €370,402 (-88.8%), from €417,064 to €46,661
of which Land and buildings: -€339,970
- Cash +€339,307
up €339,307 (+3272.0%), from €10,370 to €349,677
mainly Net result for the year (+€486,424) and Investment in fixed assets (net) (+€356,467)
- Stocks and contracts -€34,416
down €34,416 (-71.1%), from €48,393 to €13,977
- Reserves +€314,626
up €314,626 (+174.7%), from €180,064 to €494,689
of which Tax-exempt reserves: +€314,626
- Trade debts +€265,932
up €265,932 (+73.4%), from €362,238 to €628,171
- Profit (loss) carried forward +€171,798
new in 2025: €171,798
- Provisions +€104,875
new in 2025: €104,875
- Short-term financial debts -€68,255
down €68,255 (-100.0%), from €68,255 to €0
- Gross operating margin +€511,193
up €511,193 (+41.9%), from €1.2m to €1.7m
- Staff costs -€64,081
down €64,081 (-6.0%), from €1.1m to €1.0m
- Taxes +€51,836
up €51,836 (+231.1%), from €22,434 to €74,270
- Financial charges -€26,979
down €26,979 (-44.9%), from €60,119 to €33,140
- Depreciation -€21,645
down €21,645 (-60.7%), from €35,674 to €14,029
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 | €1,042,099 | €1,762,723 | +€720,623 | +69.2% |
| Fixed assets | 21/28 | €417,157 | €46,661 | -€370,495 | -88.8% |
| Intangible fixed assets | 21 | €93 | €0 | -€93 | -100.0% |
| Tangible fixed assets | 22/27 | €417,064 | €46,661 | -€370,402 | -88.8% |
| Land and buildings | 22 | €339,970 | €0 | -€339,970 | -100.0% |
| Plant, machinery and equipment | 23 | €7,184 | €0 | -€7,184 | -100.0% |
| Furniture and vehicles | 24 | €27,556 | €13,056 | -€14,501 | -52.6% |
| Leasing and similar rights | 25 | €42,353 | €33,606 | -€8,748 | -20.7% |
| Current assets | 29/58 | €624,943 | €1,716,061 | +€1.1m | +174.6% |
| Stocks and contracts in progress | 3 | €48,393 | €13,977 | -€34,416 | -71.1% |
| Stocks | 30/36 | €48,393 | €13,977 | -€34,416 | -71.1% |
| Amounts receivable within one year | 40/41 | €533,132 | €1,321,371 | +€788,239 | +147.9% |
| Trade receivables | 40 | €490,812 | €753,382 | +€262,570 | +53.5% |
| Other amounts receivable | 41 | €42,320 | €567,989 | +€525,668 | +1242.1% |
| Cash at bank and in hand | 54/58 | €10,370 | €349,677 | +€339,307 | +3272.0% |
| Deferred charges and accrued income | 490/1 | €33,047 | €31,036 | -€2,011 | -6.1% |
| Total equity and liabilities | 10/49 | €1,042,099 | €1,762,723 | +€720,623 | +69.2% |
| Equity | 10/15 | €230,064 | €716,488 | +€486,424 | +211.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €180,064 | €494,689 | +€314,626 | +174.7% |
| Tax-exempt reserves | 132 | - | €314,626 | +€314,626 | |
| Distributable reserves | 133 | €180,064 | €180,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €171,798 | +€171,798 | |
| Provisions and deferred taxes | 16 | - | €104,875 | +€104,875 | |
| Deferred taxes | 168 | - | €104,875 | +€104,875 | |
| Amounts payable | 17/49 | €812,035 | €941,360 | +€129,324 | +15.9% |
| Amounts payable after more than one year | 17 | €162,274 | €113,323 | -€48,951 | -30.2% |
| Financial debts | 170/4 | €162,274 | €113,323 | -€48,951 | -30.2% |
| Amounts payable within one year | 42/48 | €649,762 | €804,037 | +€154,275 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €51,196 | €41,621 | -€9,576 | -18.7% |
| Financial debts | 43 | €68,255 | €0 | -€68,255 | -100.0% |
| Credit institutions | 430/8 | €68,255 | €0 | -€68,255 | -100.0% |
| Trade debts | 44 | €362,238 | €628,171 | +€265,932 | +73.4% |
| Suppliers | 440/4 | €362,238 | €628,171 | +€265,932 | +73.4% |
| Taxes, remuneration and social security | 45 | €168,072 | €134,245 | -€33,827 | -20.1% |
| Taxes | 450/3 | €54,819 | €50,519 | -€4,300 | -7.8% |
| Remuneration and social security | 454/9 | €113,253 | €83,727 | -€29,527 | -26.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €24,000 | +€24,000 | |
| Non-recurring operating income | 76A | €0 | €419,501 | +€419,501 | |
| Remuneration, social security and pensions | 62 | €1,064,319 | €1,000,238 | -€64,081 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,674 | €14,029 | -€21,645 | -60.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €12,440 | +€12,440 | |
| Other operating charges | 640/8 | €12,597 | €7,327 | -€5,270 | -41.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,220,462 | €1,731,655 | +€511,193 | +41.9% |
| Operating profit (loss) | 9901 | €107,873 | €697,621 | +€589,749 | +546.7% |
| Financial income | 75/76B | €3,119 | €1,087 | -€2,032 | -65.1% |
| Recurring financial income | 75 | €3,119 | €1,087 | -€2,032 | -65.1% |
| Financial charges | 65/66B | €60,119 | €33,140 | -€26,979 | -44.9% |
| Recurring financial charges | 65 | €60,119 | €33,140 | -€26,979 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €50,873 | €665,569 | +€614,696 | +1208.3% |
| Transfer to deferred taxes | 680 | - | €104,875 | +€104,875 | |
| Income taxes | 67/77 | €22,434 | €74,270 | +€51,836 | +231.1% |
| Profit (loss) for the period | 9904 | €28,439 | €486,424 | +€457,985 | +1610.4% |
| Transfer to tax-exempt reserves | 689 | - | €314,626 | +€314,626 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,439 | €171,798 | +€143,360 | +504.1% |
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 30 September 2026 via checked.be.