DC 4 Management: 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.
DC 4 Management
Largest movements
- Tangible fixed assets -€9,881
down €9,881 (-2.4%), from €410,139 to €400,258
of which Land and buildings: -€9,318
- Receivables after one year -€5,000
down €5,000 (-44.5%), from €11,235 to €6,235
- Profit (loss) carried forward -€12,362
down €12,362 (-7.2%), from -€172,081 to -€184,443
- Gross operating margin -€14,820
down €14,820, from €14,267 to -€553
- Other operating charges -€1,733
down €1,733 (-41.5%), from €4,177 to €2,444
- Financial income -€663
down €663 (-52.9%), from €1,254 to €591
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 | €447,089 | €435,062 | -€12,027 | -2.7% |
| Fixed assets | 21/28 | €410,639 | €400,758 | -€9,881 | -2.4% |
| Tangible fixed assets | 22/27 | €410,139 | €400,258 | -€9,881 | -2.4% |
| Land and buildings | 22 | €405,995 | €396,678 | -€9,318 | -2.3% |
| Plant, machinery and equipment | 23 | €4,144 | €3,580 | -€564 | -13.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €36,450 | €34,304 | -€2,146 | -5.9% |
| Amounts receivable after more than one year | 29 | €11,235 | €6,235 | -€5,000 | -44.5% |
| Other amounts receivable | 291 | €11,235 | €6,235 | -€5,000 | -44.5% |
| Cash at bank and in hand | 54/58 | €23,686 | €27,131 | +€3,445 | +14.5% |
| Deferred charges and accrued income | 490/1 | €1,529 | €938 | -€591 | -38.6% |
| Total equity and liabilities | 10/49 | €447,089 | €435,062 | -€12,027 | -2.7% |
| Equity | 10/15 | €169,807 | €157,445 | -€12,362 | -7.3% |
| Contributions | 10/11 | €79,980 | €79,980 | = | 0.0% |
| Revaluation surpluses | 12 | €261,908 | €261,908 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,081 | -€184,443 | -€12,362 | -7.2% |
| Amounts payable | 17/49 | €277,282 | €277,618 | +€335 | +0.1% |
| Amounts payable within one year | 42/48 | €277,282 | €277,618 | +€335 | +0.1% |
| Trade debts | 44 | €339 | €356 | +€17 | +5.1% |
| Suppliers | 440/4 | €339 | €356 | +€17 | +5.1% |
| Other amounts payable | 47/48 | €276,944 | €277,262 | +€318 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,881 | €9,881 | +€0 | 0.0% |
| Other operating charges | 640/8 | €4,177 | €2,444 | -€1,733 | -41.5% |
| Gross operating margin | 9900 | €14,267 | -€553 | -€14,820 | |
| Operating profit (loss) | 9901 | €210 | -€12,878 | -€13,088 | |
| Financial income | 75/76B | €1,254 | €591 | -€663 | -52.9% |
| Recurring financial income | 75 | €1,254 | €591 | -€663 | -52.9% |
| 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 | €1,390 | -€12,362 | -€13,753 | |
| Profit (loss) for the period | 9904 | €1,390 | -€12,362 | -€13,753 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,390 | -€12,362 | -€13,753 |
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 19 October 2026 via checked.be.