DC Advisory: 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 Advisory
Largest movements
- Cash +€12,751
up €12,751 (+16.6%), from €76,777 to €89,528
mainly Net result for the year (+€45,694) and Tax, wage and social debts (+€8,152)
- Tax, wage and social debts +€8,152
up €8,152 (+28.4%), from €28,702 to €36,854
- Other debts +€2,457
up €2,457 (+2.5%), from €99,614 to €102,071
- Gross operating margin -€30,225
down €30,225 (-32.5%), from €93,119 to €62,894
- Taxes -€3,393
down €3,393 (-21.3%), from €15,956 to €12,563
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 | €134,069 | €145,620 | +€11,552 | +8.6% |
| Current assets | 29/58 | €134,069 | €145,620 | +€11,552 | +8.6% |
| Amounts receivable within one year | 40/41 | €55,165 | €53,820 | -€1,344 | -2.4% |
| Trade receivables | 40 | €48,121 | €38,340 | -€9,781 | -20.3% |
| Other amounts receivable | 41 | €7,044 | €15,480 | +€8,437 | +120% |
| Cash at bank and in hand | 54/58 | €76,777 | €89,528 | +€12,751 | +16.6% |
| Deferred charges and accrued income | 490/1 | €2,127 | €2,272 | +€145 | +6.8% |
| Total equity and liabilities | 10/49 | €134,069 | €145,620 | +€11,552 | +8.6% |
| Equity | 10/15 | €5,753 | €5,848 | +€94 | +1.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €753 | €848 | +€94 | +12.5% |
| Distributable reserves | 133 | €753 | €848 | +€94 | +12.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €128,315 | €139,773 | +€11,457 | +8.9% |
| Amounts payable within one year | 42/48 | €128,315 | €139,773 | +€11,457 | +8.9% |
| Trade debts | 44 | €0 | €848 | +€848 | |
| Suppliers | 440/4 | €0 | €848 | +€848 | |
| Taxes, remuneration and social security | 45 | €28,702 | €36,854 | +€8,152 | +28.4% |
| Taxes | 450/3 | €28,702 | €36,854 | +€8,152 | +28.4% |
| Other amounts payable | 47/48 | €99,614 | €102,071 | +€2,457 | +2.5% |
| Other operating charges | 640/8 | €1,838 | €1,741 | -€97 | -5.3% |
| Gross operating margin | 9900 | €93,119 | €62,894 | -€30,225 | -32.5% |
| Operating profit (loss) | 9901 | €91,281 | €61,152 | -€30,128 | -33.0% |
| Financial charges | 65/66B | €3,592 | €2,895 | -€697 | -19.4% |
| Recurring financial charges | 65 | €3,592 | €2,895 | -€697 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €87,689 | €58,258 | -€29,431 | -33.6% |
| Income taxes | 67/77 | €15,956 | €12,563 | -€3,393 | -21.3% |
| Profit (loss) for the period | 9904 | €71,733 | €45,694 | -€26,038 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,733 | €45,694 | -€26,038 | -36.3% |
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 18 October 2026 via checked.be.