DC FISCO: 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 FISCO
Largest movements
- Cash +€57,070
up €57,070 (+37.3%), from €153,059 to €210,128
mainly Net result for the year (+€139,744) and Tax, wage and social debts (+€33,726)
- Receivables within one year +€53,728
up €53,728 (+7.9%), from €678,983 to €732,711
of which Other amounts receivable: +€51,015
- Deferred charges and accrued income +€52,128
up €52,128 (+36.1%), from €144,363 to €196,491
- Tangible fixed assets -€19,649
down €19,649 (-12.4%), from €157,830 to €138,181
of which Land and buildings: -€14,039
- Reserves +€135,000
up €135,000 (+30.8%), from €438,360 to €573,360
of which Distributable reserves: +€135,000
- Tax, wage and social debts +€33,726
up €33,726 (+20.7%), from €163,071 to €196,797
of which Taxes: +€33,471
- Debts after one year -€21,270
down €21,270 (-19.2%), from €110,617 to €89,347
- Staff costs +€49,462
up €49,462 (+15.4%), from €320,425 to €369,887
- Gross operating margin +€31,968
up €31,968 (+5.5%), from €577,067 to €609,035
- Write-downs -€7,154
down €7,154 (-94.1%), from €7,604 to €450
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 | €1,134,234 | €1,280,563 | +€146,328 | +12.9% |
| Fixed assets | 21/28 | €157,830 | €141,232 | -€16,598 | -10.5% |
| Intangible fixed assets | 21 | - | €3,051 | +€3,051 | |
| Tangible fixed assets | 22/27 | €157,830 | €138,181 | -€19,649 | -12.4% |
| Land and buildings | 22 | €140,737 | €126,699 | -€14,039 | -10.0% |
| Plant, machinery and equipment | 23 | €9,738 | €8,680 | -€1,058 | -10.9% |
| Furniture and vehicles | 24 | €7,355 | €2,803 | -€4,552 | -61.9% |
| Current assets | 29/58 | €976,404 | €1,139,330 | +€162,926 | +16.7% |
| Amounts receivable within one year | 40/41 | €678,983 | €732,711 | +€53,728 | +7.9% |
| Trade receivables | 40 | €321,214 | €323,927 | +€2,713 | +0.8% |
| Other amounts receivable | 41 | €357,768 | €408,784 | +€51,015 | +14.3% |
| Cash at bank and in hand | 54/58 | €153,059 | €210,128 | +€57,070 | +37.3% |
| Deferred charges and accrued income | 490/1 | €144,363 | €196,491 | +€52,128 | +36.1% |
| Total equity and liabilities | 10/49 | €1,134,234 | €1,280,563 | +€146,328 | +12.9% |
| Equity | 10/15 | €671,918 | €811,662 | +€139,744 | +20.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €438,360 | €573,360 | +€135,000 | +30.8% |
| Tax-exempt reserves | 132 | €56,500 | €56,500 | = | 0.0% |
| Distributable reserves | 133 | €381,860 | €516,860 | +€135,000 | +35.4% |
| Profit (loss) carried forward | 14 | €221,158 | €225,902 | +€4,744 | +2.1% |
| Provisions and deferred taxes | 16 | €140,000 | €140,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €140,000 | €140,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable | 17/49 | €322,317 | €328,901 | +€6,584 | +2.0% |
| Amounts payable after more than one year | 17 | €110,617 | €89,347 | -€21,270 | -19.2% |
| Financial debts | 170/4 | €110,617 | €89,347 | -€21,270 | -19.2% |
| Amounts payable within one year | 42/48 | €202,700 | €230,554 | +€27,854 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €20,859 | €21,270 | +€410 | +2.0% |
| Trade debts | 44 | €14,838 | €8,555 | -€6,282 | -42.3% |
| Suppliers | 440/4 | €14,838 | €8,555 | -€6,282 | -42.3% |
| Taxes, remuneration and social security | 45 | €163,071 | €196,797 | +€33,726 | +20.7% |
| Taxes | 450/3 | €107,699 | €141,170 | +€33,471 | +31.1% |
| Remuneration and social security | 454/9 | €55,372 | €55,627 | +€255 | +0.5% |
| Other amounts payable | 47/48 | €3,931 | €3,931 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,000 | €9,000 | = | 0.0% |
| Non-recurring operating income | 76A | €2,827 | - | -€2,827 | |
| Remuneration, social security and pensions | 62 | €320,425 | €369,887 | +€49,462 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,760 | €17,732 | -€1,028 | -5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,604 | €450 | -€7,154 | -94.1% |
| Other operating charges | 640/8 | €3,267 | €2,265 | -€1,001 | -30.7% |
| Gross operating margin | 9900 | €577,067 | €609,035 | +€31,968 | +5.5% |
| Operating profit (loss) | 9901 | €227,012 | €218,701 | -€8,311 | -3.7% |
| Financial income | 75/76B | €103 | €103 | -€1 | -0.5% |
| Recurring financial income | 75 | €103 | €103 | -€1 | -0.5% |
| Financial charges | 65/66B | €3,449 | €3,613 | +€163 | +4.7% |
| Recurring financial charges | 65 | €3,449 | €3,613 | +€163 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €223,666 | €215,192 | -€8,474 | -3.8% |
| Income taxes | 67/77 | €77,746 | €75,448 | -€2,298 | -3.0% |
| Profit (loss) for the period | 9904 | €145,921 | €139,744 | -€6,176 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €145,921 | €139,744 | -€6,176 | -4.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.