DC Fin: 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 Fin
Largest movements
- Deferred charges and accrued income +€303,269
up €303,269 (+61.8%), from €490,810 to €794,079
- Intangible fixed assets -€241,159
down €241,159 (-11.8%), from €2.0m to €1.8m
- Debts after one year -€280,520
down €280,520 (-20.8%), from €1.4m to €1.1m
- Other debts +€266,339
up €266,339 (+79.9%), from €333,333 to €599,672
- Profit (loss) carried forward +€89,578
up €89,578 (+49.1%), from €182,491 to €272,069
- Staff costs -€467,544
down €467,544 (-45.3%), from €1.0m to €565,619
- Gross operating margin -€238,575
down €238,575 (-13.0%), from €1.8m to €1.6m
- Depreciation -€138,381
down €138,381 (-33.5%), from €412,610 to €274,229
- Financial charges -€48,570
down €48,570 (-42.7%), from €113,673 to €65,103
- Taxes -€36,928
down €36,928 (-44.7%), from €82,556 to €45,629
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,655,441 | €2,713,075 | +€57,634 | +2.2% |
| Fixed assets | 21/28 | €2,164,631 | €1,914,560 | -€250,070 | -11.6% |
| Intangible fixed assets | 21 | €2,049,196 | €1,808,037 | -€241,159 | -11.8% |
| Tangible fixed assets | 22/27 | €115,435 | €106,524 | -€8,911 | -7.7% |
| Plant, machinery and equipment | 23 | €1,765 | €2,417 | +€652 | +36.9% |
| Furniture and vehicles | 24 | €113,670 | €104,107 | -€9,563 | -8.4% |
| Current assets | 29/58 | €490,810 | €798,514 | +€307,704 | +62.7% |
| Amounts receivable within one year | 40/41 | - | €4,436 | +€4,436 | |
| Trade receivables | 40 | - | €4,436 | +€4,436 | |
| Deferred charges and accrued income | 490/1 | €490,810 | €794,079 | +€303,269 | +61.8% |
| Total equity and liabilities | 10/49 | €2,655,441 | €2,713,075 | +€57,634 | +2.2% |
| Equity | 10/15 | €187,491 | €277,069 | +€89,578 | +47.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,491 | €272,069 | +€89,578 | +49.1% |
| Amounts payable | 17/49 | €2,467,950 | €2,436,006 | -€31,944 | -1.3% |
| Amounts payable after more than one year | 17 | €1,351,496 | €1,070,976 | -€280,520 | -20.8% |
| Financial debts | 170/4 | €1,351,496 | €1,070,976 | -€280,520 | -20.8% |
| Amounts payable within one year | 42/48 | €1,116,453 | €1,360,594 | +€244,141 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €309,976 | €305,622 | -€4,354 | -1.4% |
| Financial debts | 43 | €232,430 | €218,571 | -€13,859 | -6.0% |
| Credit institutions | 430/8 | €232,430 | €218,571 | -€13,859 | -6.0% |
| Trade debts | 44 | €25,834 | €19,733 | -€6,102 | -23.6% |
| Suppliers | 440/4 | €25,834 | €19,733 | -€6,102 | -23.6% |
| Taxes, remuneration and social security | 45 | €214,880 | €216,996 | +€2,117 | +1.0% |
| Taxes | 450/3 | €82,556 | €128,185 | +€45,629 | +55.3% |
| Remuneration and social security | 454/9 | €132,323 | €88,811 | -€43,512 | -32.9% |
| Other amounts payable | 47/48 | €333,333 | €599,672 | +€266,339 | +79.9% |
| Accrued charges and deferred income | 492/3 | - | €4,436 | +€4,436 | |
| Remuneration, social security and pensions | 62 | €1,033,163 | €565,619 | -€467,544 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412,610 | €274,229 | -€138,381 | -33.5% |
| Other operating charges | 640/8 | €4,364 | €2,120 | -€2,244 | -51.4% |
| Non-recurring operating charges | 66A | - | €8,115 | +€8,115 | |
| Gross operating margin | 9900 | €1,828,853 | €1,590,278 | -€238,575 | -13.0% |
| Operating profit (loss) | 9901 | €378,715 | €740,194 | +€361,479 | +95.4% |
| Financial income | 75/76B | €6 | €116 | +€110 | +1,896% |
| Recurring financial income | 75 | €6 | €116 | +€110 | +1,896% |
| Financial charges | 65/66B | €113,673 | €65,103 | -€48,570 | -42.7% |
| Recurring financial charges | 65 | €113,673 | €65,103 | -€48,570 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €265,048 | €675,207 | +€410,159 | +155% |
| Income taxes | 67/77 | €82,556 | €45,629 | -€36,928 | -44.7% |
| Profit (loss) for the period | 9904 | €182,491 | €629,578 | +€447,087 | +245% |
| Profit (loss) for the period to be appropriated | 9905 | €182,491 | €629,578 | +€447,087 | +245% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.