DC ENVIRONMENT: 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.
What changed
DC ENVIRONMENT
NACE 43.120, Site preparation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€133,013
2024 · €343,415-€210,401
Equity
€442,379
2024 · €444,912-€2,534
Cash
€98,818
2024 · €229,908-€131,090
Balance sheet total
€1.6m
2024 · €4.0m-€2.4m
Largest movements
Assets
- Receivables within one year -€2.1m
down €2.1m (-82.6%), from €2.6m to €444,690
of which Trade receivables: -€2.1m
- Cash -€131,090
down €131,090 (-57.0%), from €229,908 to €98,818
mainly Trade debts (-€1.6m) and Investment in fixed assets (net) (-€257,448)
- Tangible fixed assets -€103,874
down €103,874 (-9.4%), from €1.1m to €996,712
of which Leasing and similar rights: -€78,108
Equity and liabilities
- Trade debts -€1.6m
down €1.6m (-81.0%), from €1.9m to €363,884
- Debts after one year -€247,989
down €247,989 (-31.3%), from €793,306 to €545,317
- Other debts -€247,421
down €247,421 (-65.9%), from €375,230 to €127,809
- Current portion of long-term debt -€172,063
down €172,063 (-61.9%), from €277,893 to €105,830
- Advances received -€75,322
no longer reported in 2025 (was €75,322)
Income statement
- Turnover -€4.8m
no longer reported in 2025 (was €4.8m)
- Purchases and services -€3.2m
no longer reported in 2025 (was €3.2m)
- Gross operating margin -€129,280
down €129,280 (-7.3%), from €1.8m to €1.6m
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.
Result 2024
€343,415
Gross operating margin
-€129,280
Staff costs
-€44,308
Depreciation
+€2,274
Write-downs
-€20,609
Other operating charges
+€133
Other operating items
-€34,270
Financial income
+€2,187
Financial charges
+€12,297
Taxes
+€1,174
Result 2025
€133,013
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.
From operations
+€681,958
Investment
-€257,448
Financing
-€555,599
Cash 2024
€229,908
From operations (derived)
+€681,958
Net result for the year
+€133,013
Depreciation
+€357,322
Receivables within one year
+€2.1m
Deferred charges and accrued income
+€14,097
Trade debts
-€1.6m
Tax, wage and social debts
-€56,172
Advances received
-€75,322
Other debts
-€247,421
Accrued charges and deferred income
+€57
Investment (derived)
-€257,448
Investment in fixed assets (net)
-€257,448
Financing
-€555,599
Debts after one year
-€247,989
Current portion of long-term debt
-€172,063
Contributions, distributions and other
-€135,547
Cash 2025
€98,818
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,965,846 | €1,613,974 | -€2.4m | -59.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,143,901 | €1,044,028 | -€99,874 | -8.7% |
| Tangible fixed assets | 22/27 | €1,100,586 | €996,712 | -€103,874 | -9.4% |
| Land and buildings | 22 | €233,972 | €219,754 | -€14,218 | -6.1% |
| Plant, machinery and equipment | 23 | €57,142 | €118,120 | +€60,978 | +106.7% |
| Furniture and vehicles | 24 | €60,797 | €59,127 | -€1,670 | -2.7% |
| Leasing and similar rights | 25 | €339,022 | €260,914 | -€78,108 | -23.0% |
| Other tangible fixed assets | 26 | €409,653 | €338,798 | -€70,855 | -17.3% |
| Financial fixed assets | 28 | €43,316 | €47,316 | +€4,000 | +9.2% |
| Current assets | 29/58 | €2,821,945 | €569,947 | -€2.3m | -79.8% |
| Amounts receivable within one year | 40/41 | €2,551,501 | €444,690 | -€2.1m | -82.6% |
| Trade receivables | 40 | €2,467,006 | €411,833 | -€2.1m | -83.3% |
| Other amounts receivable | 41 | €84,495 | €32,857 | -€51,639 | -61.1% |
| Cash at bank and in hand | 54/58 | €229,908 | €98,818 | -€131,090 | -57.0% |
| Deferred charges and accrued income | 490/1 | €40,536 | €26,439 | -€14,097 | -34.8% |
| Total equity and liabilities | 10/49 | €3,965,846 | €1,613,974 | -€2.4m | -59.3% |
| Equity | 10/15 | €444,912 | €442,379 | -€2,534 | -0.6% |
| Contributions | 10/11 | €352,000 | €352,000 | = | 0.0% |
| Capital | 10 | €352,000 | €352,000 | = | 0.0% |
| Issued capital | 100 | €352,000 | €352,000 | = | 0.0% |
| Reserves | 13 | €35,200 | €35,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,200 | €35,200 | = | 0.0% |
| Legal reserve | 130 | €35,200 | €35,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,643 | €28,656 | +€3,013 | +11.8% |
| Investment grants | 15 | €32,069 | €26,523 | -€5,547 | -17.3% |
| Amounts payable | 17/49 | €3,520,934 | €1,171,595 | -€2.3m | -66.7% |
| Amounts payable after more than one year | 17 | €793,306 | €545,317 | -€247,989 | -31.3% |
| Financial debts | 170/4 | €793,306 | €545,317 | -€247,989 | -31.3% |
| Amounts payable within one year | 42/48 | €2,727,607 | €626,201 | -€2.1m | -77.0% |
| Current portion of amounts payable after more than one year | 42 | €277,893 | €105,830 | -€172,063 | -61.9% |
| Trade debts | 44 | €1,914,311 | €363,884 | -€1.6m | -81.0% |
| Suppliers | 440/4 | €1,914,311 | €363,884 | -€1.6m | -81.0% |
| Advances received on contracts in progress | 46 | €75,322 | - | -€75,322 | |
| Taxes, remuneration and social security | 45 | €84,851 | €28,679 | -€56,172 | -66.2% |
| Taxes | 450/3 | €77,561 | €13,618 | -€63,943 | -82.4% |
| Remuneration and social security | 454/9 | €7,290 | €15,061 | +€7,771 | +106.6% |
| Other amounts payable | 47/48 | €375,230 | €127,809 | -€247,421 | -65.9% |
| Accrued charges and deferred income | 492/3 | €20 | €77 | +€57 | +277.2% |
| Turnover | 70 | €4,842,179 | - | -€4.8m | |
| Non-recurring operating income | 76A | - | €19,494 | +€19,494 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,221,167 | - | -€3.2m | |
| Remuneration, social security and pensions | 62 | €975,866 | €1,020,174 | +€44,308 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359,596 | €357,322 | -€2,274 | -0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €20,609 | +€20,609 | |
| Other operating charges | 640/8 | €29,984 | €29,851 | -€133 | -0.4% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Non-recurring operating charges | 66A | €10,913 | €45,183 | +€34,270 | +314.0% |
| Gross operating margin | 9900 | €1,760,417 | €1,631,136 | -€129,280 | -7.3% |
| Operating profit (loss) | 9901 | €384,058 | €157,998 | -€226,060 | -58.9% |
| Financial income | 75/76B | €3,839 | €6,026 | +€2,187 | +57.0% |
| Recurring financial income | 75 | €3,839 | €6,026 | +€2,187 | +57.0% |
| Financial charges | 65/66B | €42,206 | €29,909 | -€12,297 | -29.1% |
| Recurring financial charges | 65 | €41,806 | €29,909 | -€11,897 | -28.5% |
| Non-recurring financial charges | 66B | €400 | - | -€400 | |
| Profit (loss) for the period before taxes | 9903 | €345,690 | €134,115 | -€211,576 | -61.2% |
| Income taxes | 67/77 | €2,275 | €1,101 | -€1,174 | -51.6% |
| Profit (loss) for the period | 9904 | €343,415 | €133,013 | -€210,401 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €343,415 | €133,013 | -€210,401 | -61.3% |
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 1 October 2026 via checked.be.