DC EXPRESS: 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 EXPRESS
Largest movements
- Receivables after one year +€150,000
new in 2024: €150,000
- Receivables within one year -€106,822
down €106,822 (-52.2%), from €204,620 to €97,798
of which Other amounts receivable: -€106,463
- Cash -€32,229
down €32,229 (-80.6%), from €39,991 to €7,762
mainly Receivables after one year (-€150,000) and Tax, wage and social debts (-€18,403)
- Reserves +€27,000
up €27,000 (+45.3%), from €59,560 to €86,560
- Tax, wage and social debts -€18,403
down €18,403 (-18.0%), from €102,135 to €83,732
of which Taxes: -€20,371
- Trade debts -€5,343
down €5,343 (-13.5%), from €39,634 to €34,290
- Short-term financial debts +€3,955
up €3,955 (+24.8%), from €15,915 to €19,870
- Gross operating margin -€45,011
down €45,011 (-18.5%), from €242,970 to €197,959
- Taxes -€9,024
down €9,024 (-34.4%), from €26,260 to €17,236
- Staff costs +€7,820
up €7,820 (+6.1%), from €128,542 to €136,362
- Financial charges +€3,418
up €3,418 (+71.4%), from €4,788 to €8,206
- Depreciation -€3,079
down €3,079 (-70.3%), from €4,381 to €1,302
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,882 | €297,517 | +€7,635 | +2.6% |
| Fixed assets | 21/28 | €8,432 | €7,129 | -€1,302 | -15.4% |
| Tangible fixed assets | 22/27 | €2,102 | €799 | -€1,302 | -62.0% |
| Furniture and vehicles | 24 | €2,102 | €799 | -€1,302 | -62.0% |
| Financial fixed assets | 28 | €6,330 | €6,330 | = | 0.0% |
| Current assets | 29/58 | €281,451 | €290,388 | +€8,937 | +3.2% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | €204,620 | €97,798 | -€106,822 | -52.2% |
| Trade receivables | 40 | €86,663 | €86,304 | -€359 | -0.4% |
| Other amounts receivable | 41 | €117,958 | €11,495 | -€106,463 | -90.3% |
| Cash at bank and in hand | 54/58 | €39,991 | €7,762 | -€32,229 | -80.6% |
| Deferred charges and accrued income | 490/1 | €36,839 | €34,827 | -€2,012 | -5.5% |
| Total equity and liabilities | 10/49 | €289,882 | €297,517 | +€7,635 | +2.6% |
| Equity | 10/15 | €132,198 | €159,368 | +€27,170 | +20.6% |
| Contributions | 10/11 | €27,268 | €27,268 | = | 0.0% |
| Reserves | 13 | €59,560 | €86,560 | +€27,000 | +45.3% |
| Distributable reserves | 133 | €59,560 | €86,560 | +€27,000 | +45.3% |
| Profit (loss) carried forward | 14 | €45,370 | €45,540 | +€170 | +0.4% |
| Amounts payable | 17/49 | €157,684 | €138,149 | -€19,535 | -12.4% |
| Amounts payable within one year | 42/48 | €157,684 | €138,149 | -€19,535 | -12.4% |
| Financial debts | 43 | €15,915 | €19,870 | +€3,955 | +24.8% |
| Credit institutions | 430/8 | €15,915 | €19,870 | +€3,955 | +24.8% |
| Trade debts | 44 | €39,634 | €34,290 | -€5,343 | -13.5% |
| Suppliers | 440/4 | €39,634 | €34,290 | -€5,343 | -13.5% |
| Taxes, remuneration and social security | 45 | €102,135 | €83,732 | -€18,403 | -18.0% |
| Taxes | 450/3 | €87,385 | €67,014 | -€20,371 | -23.3% |
| Remuneration and social security | 454/9 | €14,751 | €16,718 | +€1,968 | +13.3% |
| Other amounts payable | 47/48 | - | €256 | +€256 | |
| Non-recurring operating income | 76A | - | €6,849 | +€6,849 | |
| Remuneration, social security and pensions | 62 | €128,542 | €136,362 | +€7,820 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,381 | €1,302 | -€3,079 | -70.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €652 | - | -€652 | |
| Other operating charges | 640/8 | €1,094 | €1,294 | +€200 | +18.3% |
| Non-recurring operating charges | 66A | €1,739 | €6,405 | +€4,666 | +268.3% |
| Gross operating margin | 9900 | €242,970 | €197,959 | -€45,011 | -18.5% |
| Operating profit (loss) | 9901 | €106,562 | €52,596 | -€53,966 | -50.6% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €4,788 | €8,206 | +€3,418 | +71.4% |
| Recurring financial charges | 65 | €4,788 | €8,206 | +€3,418 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €101,775 | €44,406 | -€57,369 | -56.4% |
| Income taxes | 67/77 | €26,260 | €17,236 | -€9,024 | -34.4% |
| Profit (loss) for the period | 9904 | €75,514 | €27,170 | -€48,345 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,514 | €27,170 | -€48,345 | -64.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.