DC/DC: what changed
DC/DC
Largest movements
- Cash -€13,543
down €13,543 (-17.4%), from €77,692 to €64,149
mainly Tax, wage and social debts (-€19,624) and Accrued charges and deferred income (-€2,136)
- Tangible fixed assets -€1,997
down €1,997 (-29.5%), from €6,778 to €4,781
of which Plant, machinery and equipment: -€1,279
- Receivables within one year -€1,735
down €1,735 (-19.9%), from €8,712 to €6,977
- Deferred charges and accrued income -€1,113
down €1,113 (-40.0%), from €2,785 to €1,671
- Tax, wage and social debts -€19,624
down €19,624 (-77.2%), from €25,416 to €5,793
- Profit (loss) carried forward +€2,170
up €2,170 (+1,347%), from €161 to €2,331
- Accrued charges and deferred income -€2,136
down €2,136 (-63.5%), from €3,362 to €1,227
- Other debts +€1,229
up €1,229 (+27.3%), from €4,499 to €5,728
- Gross operating margin -€67,995
down €67,995 (-92.5%), from €73,508 to €5,513
- Taxes -€18,391
down €18,391 (-96.7%), from €19,017 to €626
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,967 | €77,578 | -€18,389 | -19.2% |
| Fixed assets | 21/28 | €6,778 | €4,781 | -€1,997 | -29.5% |
| Tangible fixed assets | 22/27 | €6,778 | €4,781 | -€1,997 | -29.5% |
| Plant, machinery and equipment | 23 | €5,100 | €3,820 | -€1,279 | -25.1% |
| Furniture and vehicles | 24 | €1,678 | €961 | -€717 | -42.8% |
| Current assets | 29/58 | €89,189 | €72,797 | -€16,392 | -18.4% |
| Amounts receivable within one year | 40/41 | €8,712 | €6,977 | -€1,735 | -19.9% |
| Trade receivables | 40 | €8,712 | €6,977 | -€1,735 | -19.9% |
| Cash at bank and in hand | 54/58 | €77,692 | €64,149 | -€13,543 | -17.4% |
| Deferred charges and accrued income | 490/1 | €2,785 | €1,671 | -€1,113 | -40.0% |
| Total equity and liabilities | 10/49 | €95,967 | €77,578 | -€18,389 | -19.2% |
| Equity | 10/15 | €62,661 | €64,831 | +€2,170 | +3.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161 | €2,331 | +€2,170 | +1,347% |
| Amounts payable | 17/49 | €33,306 | €12,748 | -€20,558 | -61.7% |
| Amounts payable within one year | 42/48 | €29,943 | €11,521 | -€18,422 | -61.5% |
| Trade debts | 44 | €28 | - | -€28 | |
| Suppliers | 440/4 | €28 | - | -€28 | |
| Taxes, remuneration and social security | 45 | €25,416 | €5,793 | -€19,624 | -77.2% |
| Taxes | 450/3 | €25,416 | €5,793 | -€19,624 | -77.2% |
| Other amounts payable | 47/48 | €4,499 | €5,728 | +€1,229 | +27.3% |
| Accrued charges and deferred income | 492/3 | €3,362 | €1,227 | -€2,136 | -63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,664 | €1,997 | +€333 | +20.0% |
| Other operating charges | 640/8 | €580 | €684 | +€104 | +17.8% |
| Gross operating margin | 9900 | €73,508 | €5,513 | -€67,995 | -92.5% |
| Operating profit (loss) | 9901 | €71,264 | €2,832 | -€68,432 | -96.0% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €93 | €39 | -€53 | -57.8% |
| Recurring financial charges | 65 | €93 | €39 | -€53 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | €71,171 | €2,795 | -€68,376 | -96.1% |
| Income taxes | 67/77 | €19,017 | €626 | -€18,391 | -96.7% |
| Profit (loss) for the period | 9904 | €52,154 | €2,170 | -€49,985 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,154 | €2,170 | -€49,985 | -95.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.