DC FOREST: 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 FOREST
Largest movements
- Tangible fixed assets +€241,705
up €241,705 (+428.6%), from €56,400 to €298,105
of which Furniture and vehicles: +€233,343
- Receivables within one year +€30,523
up €30,523 (+51.9%), from €58,795 to €89,318
of which Trade receivables: +€31,086
- Debts after one year +€246,297
new in 2025: €246,297
- Trade debts -€54,331
down €54,331 (-77.7%), from €69,961 to €15,629
- Current portion of long-term debt +€36,724
new in 2025: €36,724
- Profit (loss) carried forward +€21,633
up €21,633 (+64.8%), from €33,397 to €55,030
- Short-term financial debts +€9,252
new in 2025: €9,252
- Depreciation +€28,609
up €28,609 (+85.5%), from €33,458 to €62,067
- Gross operating margin +€17,688
up €17,688 (+22.8%), from €77,473 to €95,161
- Financial charges +€3,913
up €3,913 (+247.9%), from €1,579 to €5,492
- Taxes -€2,595
down €2,595 (-31.0%), from €8,365 to €5,770
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,301 | €387,425 | +€272,124 | +236.0% |
| Fixed assets | 21/28 | €56,400 | €298,105 | +€241,705 | +428.6% |
| Tangible fixed assets | 22/27 | €56,400 | €298,105 | +€241,705 | +428.6% |
| Plant, machinery and equipment | 23 | €7,863 | €16,225 | +€8,362 | +106.4% |
| Furniture and vehicles | 24 | €48,538 | €281,880 | +€233,343 | +480.7% |
| Current assets | 29/58 | €58,901 | €89,320 | +€30,419 | +51.6% |
| Amounts receivable within one year | 40/41 | €58,795 | €89,318 | +€30,523 | +51.9% |
| Trade receivables | 40 | €56,681 | €87,768 | +€31,086 | +54.8% |
| Other amounts receivable | 41 | €2,113 | €1,551 | -€563 | -26.6% |
| Cash at bank and in hand | 54/58 | €106 | €2 | -€105 | -98.5% |
| Total equity and liabilities | 10/49 | €115,301 | €387,425 | +€272,124 | +236.0% |
| Equity | 10/15 | €35,397 | €57,030 | +€21,633 | +61.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,397 | €55,030 | +€21,633 | +64.8% |
| Amounts payable | 17/49 | €79,905 | €330,396 | +€250,491 | +313.5% |
| Amounts payable after more than one year | 17 | - | €246,297 | +€246,297 | |
| Financial debts | 170/4 | - | €246,297 | +€246,297 | |
| Amounts payable within one year | 42/48 | €79,905 | €84,098 | +€4,194 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | - | €36,724 | +€36,724 | |
| Financial debts | 43 | - | €9,252 | +€9,252 | |
| Credit institutions | 430/8 | - | €9,252 | +€9,252 | |
| Trade debts | 44 | €69,961 | €15,629 | -€54,331 | -77.7% |
| Suppliers | 440/4 | €69,961 | €15,629 | -€54,331 | -77.7% |
| Taxes, remuneration and social security | 45 | €8,365 | €15,177 | +€6,811 | +81.4% |
| Taxes | 450/3 | €8,365 | €15,177 | +€6,811 | +81.4% |
| Other amounts payable | 47/48 | €1,578 | €7,316 | +€5,738 | +363.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,458 | €62,067 | +€28,609 | +85.5% |
| Other operating charges | 640/8 | €674 | €202 | -€472 | -70.0% |
| Gross operating margin | 9900 | €77,473 | €95,161 | +€17,688 | +22.8% |
| Operating profit (loss) | 9901 | €43,341 | €32,891 | -€10,449 | -24.1% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,579 | €5,492 | +€3,913 | +247.9% |
| Recurring financial charges | 65 | €1,579 | €5,492 | +€3,913 | +247.9% |
| Profit (loss) for the period before taxes | 9903 | €41,762 | €27,403 | -€14,359 | -34.4% |
| Income taxes | 67/77 | €8,365 | €5,770 | -€2,595 | -31.0% |
| Profit (loss) for the period | 9904 | €33,397 | €21,633 | -€11,764 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,397 | €21,633 | -€11,764 | -35.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.