DC²: 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.
DC²
Largest movements
- Stocks and contracts -€676,201
down €676,201 (-53.6%), from €1.3m to €585,445
- Debts after one year -€897,980
no longer reported in 2025 (was €897,980)
- Trade debts +€160,548
up €160,548 (+162.5%), from €98,775 to €259,324
- Other debts +€82,630
up €82,630 (+19.3%), from €428,250 to €510,880
- Profit (loss) carried forward -€30,518
down €30,518 (-23.0%), from -€132,719 to -€163,236
- Gross operating margin +€43,420
up €43,420, from -€20,995 to €22,424
- Financial charges -€15,658
down €15,658 (-23.7%), from €66,067 to €50,409
- Depreciation -€1,930
no longer reported in 2025 (was €1,930)
- Other operating charges +€1,919
up €1,919 (+214.7%), from €894 to €2,813
- Financial income +€281
up €281 (+1403400.0%), from €0 to €281
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,297,287 | €611,984 | -€685,303 | -52.8% |
| Fixed assets | 21/28 | €7,094 | - | -€7,094 | |
| Tangible fixed assets | 22/27 | €6,594 | - | -€6,594 | |
| Furniture and vehicles | 24 | €6,594 | - | -€6,594 | |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €1,290,193 | €611,984 | -€678,209 | -52.6% |
| Stocks and contracts in progress | 3 | €1,261,646 | €585,445 | -€676,201 | -53.6% |
| Stocks | 30/36 | €1,261,646 | €585,445 | -€676,201 | -53.6% |
| Amounts receivable within one year | 40/41 | €26,539 | €26,539 | = | 0.0% |
| Trade receivables | 40 | €25,839 | €25,839 | = | 0.0% |
| Other amounts receivable | 41 | €700 | €700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,008 | - | -€2,008 | |
| Total equity and liabilities | 10/49 | €1,297,287 | €611,984 | -€685,303 | -52.8% |
| Equity | 10/15 | -€127,719 | -€158,236 | -€30,518 | -23.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,719 | -€163,236 | -€30,518 | -23.0% |
| Amounts payable | 17/49 | €1,425,006 | €770,220 | -€654,785 | -45.9% |
| Amounts payable after more than one year | 17 | €897,980 | - | -€897,980 | |
| Financial debts | 170/4 | €897,980 | - | -€897,980 | |
| Amounts payable within one year | 42/48 | €527,026 | €770,220 | +€243,195 | +46.1% |
| Financial debts | 43 | - | €17 | +€17 | |
| Credit institutions | 430/8 | - | €17 | +€17 | |
| Trade debts | 44 | €98,775 | €259,324 | +€160,548 | +162.5% |
| Suppliers | 440/4 | €98,775 | €259,324 | +€160,548 | +162.5% |
| Other amounts payable | 47/48 | €428,250 | €510,880 | +€82,630 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,930 | - | -€1,930 | |
| Other operating charges | 640/8 | €894 | €2,813 | +€1,919 | +214.7% |
| Gross operating margin | 9900 | -€20,995 | €22,424 | +€43,420 | |
| Operating profit (loss) | 9901 | -€23,819 | €19,611 | +€43,430 | |
| Financial income | 75/76B | €0 | €281 | +€281 | +1403400.0% |
| Recurring financial income | 75 | €0 | €281 | +€281 | +1403400.0% |
| Financial charges | 65/66B | €66,067 | €50,409 | -€15,658 | -23.7% |
| Recurring financial charges | 65 | €66,067 | €50,409 | -€15,658 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | -€89,886 | -€30,518 | +€59,369 | +66.0% |
| Profit (loss) for the period | 9904 | -€89,886 | -€30,518 | +€59,369 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,886 | -€30,518 | +€59,369 | +66.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.