DC-Fisc: 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-Fisc
Largest movements
- Receivables within one year +€55,253
up €55,253 (+1,164%), from €4,747 to €60,000
of which Other amounts receivable: +€59,858
- Tangible fixed assets +€51,376
up €51,376 (+1,521%), from €3,378 to €54,755
- Cash -€34,373
down €34,373 (-79.3%), from €43,363 to €8,990
mainly Investment in fixed assets (net) (-€60,958) and Receivables within one year (-€55,253)
- Debts after one year +€30,747
new in 2025: €30,747
- Reserves +€25,861
up €25,861 (+72.8%), from €35,532 to €61,393
- Current portion of long-term debt +€13,499
new in 2025: €13,499
- Tax, wage and social debts +€1,571
up €1,571 (+10.6%), from €14,770 to €16,341
- Depreciation +€9,483
up €9,483 (+2,446%), from €388 to €9,871
- Taxes -€3,389
down €3,389 (-25.0%), from €13,551 to €10,162
- Gross operating margin -€2,077
down €2,077 (-4.2%), from €49,857 to €47,780
- Financial charges +€1,425
new in 2025: €1,425
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
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 | €52,802 | €125,236 | +€72,435 | +137% |
| Formation expenses | 20 | €1,164 | €874 | -€289 | -24.9% |
| Fixed assets | 21/28 | €3,378 | €54,755 | +€51,376 | +1,521% |
| Tangible fixed assets | 22/27 | €3,378 | €54,755 | +€51,376 | +1,521% |
| Furniture and vehicles | 24 | €3,378 | €54,755 | +€51,376 | +1,521% |
| Current assets | 29/58 | €48,260 | €69,607 | +€21,348 | +44.2% |
| Amounts receivable within one year | 40/41 | €4,747 | €60,000 | +€55,253 | +1,164% |
| Trade receivables | 40 | €4,605 | €0 | -€4,605 | -100% |
| Other amounts receivable | 41 | €142 | €60,000 | +€59,858 | +42,291% |
| Cash at bank and in hand | 54/58 | €43,363 | €8,990 | -€34,373 | -79.3% |
| Deferred charges and accrued income | 490/1 | €149 | €617 | +€468 | +313% |
| Total equity and liabilities | 10/49 | €52,802 | €125,236 | +€72,435 | +137% |
| Equity | 10/15 | €38,032 | €63,893 | +€25,861 | +68.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €35,532 | €61,393 | +€25,861 | +72.8% |
| Distributable reserves | 133 | €35,532 | €61,393 | +€25,861 | +72.8% |
| Amounts payable | 17/49 | €14,770 | €61,344 | +€46,574 | +315% |
| Amounts payable after more than one year | 17 | - | €30,747 | +€30,747 | |
| Financial debts | 170/4 | - | €30,747 | +€30,747 | |
| Amounts payable within one year | 42/48 | €14,770 | €29,953 | +€15,183 | +103% |
| Current portion of amounts payable after more than one year | 42 | - | €13,499 | +€13,499 | |
| Trade debts | 44 | - | €113 | +€113 | |
| Suppliers | 440/4 | - | €113 | +€113 | |
| Taxes, remuneration and social security | 45 | €14,770 | €16,341 | +€1,571 | +10.6% |
| Taxes | 450/3 | €14,770 | €16,341 | +€1,571 | +10.6% |
| Accrued charges and deferred income | 492/3 | - | €644 | +€644 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388 | €9,871 | +€9,483 | +2,446% |
| Other operating charges | 640/8 | €387 | €463 | +€76 | +19.6% |
| Gross operating margin | 9900 | €49,857 | €47,780 | -€2,077 | -4.2% |
| Operating profit (loss) | 9901 | €49,082 | €37,446 | -€11,636 | -23.7% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | - | €1,425 | +€1,425 | |
| Recurring financial charges | 65 | - | €1,425 | +€1,425 | |
| Profit (loss) for the period before taxes | 9903 | €49,082 | €36,023 | -€13,059 | -26.6% |
| Income taxes | 67/77 | €13,551 | €10,162 | -€3,389 | -25.0% |
| Profit (loss) for the period | 9904 | €35,532 | €25,861 | -€9,671 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,532 | €25,861 | -€9,671 | -27.2% |
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 24 October 2026 via checked.be.