DC Belgium: 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 Belgium
Largest movements
- Cash -€56,308
down €56,308 (-86.4%), from €65,134 to €8,826
mainly Receivables within one year (-€53,268) and Trade debts (-€29,678)
- Receivables within one year +€53,268
up €53,268 (+1,251%), from €4,259 to €57,527
of which Trade receivables: +€28,276
- Deferred charges and accrued income -€1,085
down €1,085 (-44.2%), from €2,456 to €1,370
- Tangible fixed assets -€863
down €863 (-25.1%), from €3,441 to €2,578
- Reserves +€34,606
up €34,606 (+394%), from €8,775 to €43,380
- Trade debts -€29,678
down €29,678 (-76.7%), from €38,701 to €9,023
- Tax, wage and social debts -€9,706
down €9,706 (-38.4%), from €25,278 to €15,572
of which Taxes: -€5,244
- Financial income +€38,185
up €38,185 (+7,120%), from €536 to €38,721
of which Non-recurring financial income: +€36,760
- Taxes +€10,036
up €10,036 (+163%), from €6,144 to €16,180
- Staff costs -€9,313
down €9,313 (-10.5%), from €88,725 to €79,411
- Gross operating margin -€9,156
down €9,156 (-8.7%), from €105,787 to €96,631
- Financial charges +€2,144
up €2,144 (+201%), from €1,068 to €3,212
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 | €75,289 | €70,301 | -€4,988 | -6.6% |
| Fixed assets | 21/28 | €3,441 | €2,578 | -€863 | -25.1% |
| Tangible fixed assets | 22/27 | €3,441 | €2,578 | -€863 | -25.1% |
| Furniture and vehicles | 24 | €3,441 | €2,578 | -€863 | -25.1% |
| Current assets | 29/58 | €71,849 | €67,723 | -€4,125 | -5.7% |
| Amounts receivable within one year | 40/41 | €4,259 | €57,527 | +€53,268 | +1,251% |
| Trade receivables | 40 | €4,208 | €32,484 | +€28,276 | +672% |
| Other amounts receivable | 41 | €51 | €25,043 | +€24,992 | +49,246% |
| Cash at bank and in hand | 54/58 | €65,134 | €8,826 | -€56,308 | -86.4% |
| Deferred charges and accrued income | 490/1 | €2,456 | €1,370 | -€1,085 | -44.2% |
| Total equity and liabilities | 10/49 | €75,289 | €70,301 | -€4,988 | -6.6% |
| Equity | 10/15 | €8,776 | €43,381 | +€34,606 | +394% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €8,775 | €43,380 | +€34,606 | +394% |
| Distributable reserves | 133 | €8,775 | €43,380 | +€34,606 | +394% |
| Amounts payable | 17/49 | €66,514 | €26,920 | -€39,594 | -59.5% |
| Amounts payable within one year | 42/48 | €66,514 | €26,920 | -€39,594 | -59.5% |
| Trade debts | 44 | €38,701 | €9,023 | -€29,678 | -76.7% |
| Suppliers | 440/4 | €38,701 | €9,023 | -€29,678 | -76.7% |
| Taxes, remuneration and social security | 45 | €25,278 | €15,572 | -€9,706 | -38.4% |
| Taxes | 450/3 | €10,232 | €4,988 | -€5,244 | -51.3% |
| Remuneration and social security | 454/9 | €15,046 | €10,585 | -€4,461 | -29.7% |
| Other amounts payable | 47/48 | €2,536 | €2,326 | -€210 | -8.3% |
| Remuneration, social security and pensions | 62 | €88,725 | €79,411 | -€9,313 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €834 | €863 | +€28 | +3.4% |
| Other operating charges | 640/8 | €812 | €1,080 | +€268 | +33.0% |
| Gross operating margin | 9900 | €105,787 | €96,631 | -€9,156 | -8.7% |
| Operating profit (loss) | 9901 | €15,416 | €15,277 | -€139 | -0.9% |
| Financial income | 75/76B | €536 | €38,721 | +€38,185 | +7,120% |
| Recurring financial income | 75 | €536 | €1,961 | +€1,425 | +266% |
| Non-recurring financial income | 76B | - | €36,760 | +€36,760 | |
| Financial charges | 65/66B | €1,068 | €3,212 | +€2,144 | +201% |
| Recurring financial charges | 65 | €1,068 | €3,212 | +€2,144 | +201% |
| Profit (loss) for the period before taxes | 9903 | €14,884 | €50,786 | +€35,901 | +241% |
| Income taxes | 67/77 | €6,144 | €16,180 | +€10,036 | +163% |
| Profit (loss) for the period | 9904 | €8,740 | €34,606 | +€25,865 | +296% |
| Profit (loss) for the period to be appropriated | 9905 | €8,740 | €34,606 | +€25,865 | +296% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.