DC-DS Group: 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.
DC-DS Group
Largest movements
- Receivables within one year -€21,169
down €21,169 (-89.7%), from €23,596 to €2,427
of which Trade receivables: -€16,157
- Financial fixed assets -€20,000
down €20,000 (-1.3%), from €1.5m to €1.5m
- Other debts -€847,499
down €847,499 (-84.3%), from €1.0m to €158,038
- Debts after one year +€826,173
up €826,173 (+101.7%), from €812,094 to €1.6m
- Profit (loss) carried forward -€28,480
down €28,480 (-50.0%), from -€56,906 to -€85,385
- Financial charges +€40,862
up €40,862 (+61.8%), from €66,139 to €107,001
of which Financial charges: +€20,862
- Gross operating margin +€10,907
up €10,907 (+14.7%), from €74,070 to €84,977
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.
Cash bridge derived
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 | €1,978,254 | €1,933,787 | -€44,467 | -2.2% |
| Fixed assets | 21/28 | €1,929,714 | €1,912,582 | -€17,133 | -0.9% |
| Tangible fixed assets | 22/27 | €384,714 | €387,582 | +€2,867 | +0.7% |
| Land and buildings | 22 | €375,000 | €375,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €1,592 | +€1,592 | |
| Furniture and vehicles | 24 | €1,180 | €3,805 | +€2,626 | +222.6% |
| Other tangible fixed assets | 26 | €8,535 | €7,185 | -€1,350 | -15.8% |
| Financial fixed assets | 28 | €1,545,000 | €1,525,000 | -€20,000 | -1.3% |
| Current assets | 29/58 | €48,540 | €21,205 | -€27,334 | -56.3% |
| Amounts receivable within one year | 40/41 | €23,596 | €2,427 | -€21,169 | -89.7% |
| Trade receivables | 40 | €18,584 | €2,427 | -€16,157 | -86.9% |
| Other amounts receivable | 41 | €5,012 | €0 | -€5,012 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,750 | €18,778 | -€4,972 | -20.9% |
| Deferred charges and accrued income | 490/1 | €1,194 | €0 | -€1,194 | -100.0% |
| Total equity and liabilities | 10/49 | €1,978,254 | €1,933,787 | -€44,467 | -2.2% |
| Equity | 10/15 | €113,499 | €85,020 | -€28,480 | -25.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,906 | -€85,385 | -€28,480 | -50.0% |
| Amounts payable | 17/49 | €1,864,754 | €1,848,767 | -€15,987 | -0.9% |
| Amounts payable after more than one year | 17 | €812,094 | €1,638,267 | +€826,173 | +101.7% |
| Financial debts | 170/4 | €812,094 | €1,638,267 | +€826,173 | +101.7% |
| Amounts payable within one year | 42/48 | €1,052,660 | €210,500 | -€842,161 | -80.0% |
| Current portion of amounts payable after more than one year | 42 | €40,011 | €41,583 | +€1,571 | +3.9% |
| Trade debts | 44 | €1,730 | €4,906 | +€3,176 | +183.6% |
| Suppliers | 440/4 | €1,730 | €4,906 | +€3,176 | +183.6% |
| Taxes, remuneration and social security | 45 | €5,383 | €5,973 | +€591 | +11.0% |
| Taxes | 450/3 | €5,383 | €5,973 | +€591 | +11.0% |
| Other amounts payable | 47/48 | €1,005,536 | €158,038 | -€847,499 | -84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,065 | €2,586 | +€520 | +25.2% |
| Other operating charges | 640/8 | €2,810 | €3,615 | +€804 | +28.6% |
| Gross operating margin | 9900 | €74,070 | €84,977 | +€10,907 | +14.7% |
| Operating profit (loss) | 9901 | €69,194 | €78,777 | +€9,582 | +13.8% |
| Financial income | 75/76B | €0 | €9 | +€9 | |
| Recurring financial income | 75 | €0 | €9 | +€9 | |
| Financial charges | 65/66B | €66,139 | €107,001 | +€40,862 | +61.8% |
| Recurring financial charges | 65 | €66,139 | €87,001 | +€20,862 | +31.5% |
| Non-recurring financial charges | 66B | - | €20,000 | +€20,000 | |
| Profit (loss) for the period before taxes | 9903 | €3,056 | -€28,215 | -€31,271 | |
| Income taxes | 67/77 | €276 | €264 | -€11 | -4.0% |
| Profit (loss) for the period | 9904 | €2,780 | -€28,480 | -€31,260 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,780 | -€28,480 | -€31,260 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.