DC LAW: 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 LAW
Largest movements
- Receivables within one year +€65,658
up €65,658 (+90.6%), from €72,487 to €138,145
of which Other amounts receivable: +€62,708
- Tangible fixed assets +€22,242
new in 2024: €22,242
- Reserves +€47,737
up €47,737 (+82.9%), from €57,569 to €105,306
- Tax, wage and social debts +€23,050
up €23,050 (+69.6%), from €33,103 to €56,153
of which Taxes: +€23,050
- Debts after one year +€11,910
new in 2024: €11,910
- Current portion of long-term debt +€7,800
new in 2024: €7,800
- Trade debts -€2,429
no longer reported in 2024 (was €2,429)
- Gross operating margin -€7,927
down €7,927 (-9.7%), from €81,964 to €74,037
- Depreciation +€3,863
new in 2024: €3,863
- Taxes -€3,346
down €3,346 (-14.7%), from €22,788 to €19,442
- Financial charges +€843
up €843 (+644.0%), from €131 to €974
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 | €97,098 | €184,168 | +€87,071 | +89.7% |
| Fixed assets | 21/28 | - | €22,242 | +€22,242 | |
| Tangible fixed assets | 22/27 | - | €22,242 | +€22,242 | |
| Furniture and vehicles | 24 | - | €22,242 | +€22,242 | |
| Current assets | 29/58 | €97,098 | €161,926 | +€64,829 | +66.8% |
| Amounts receivable within one year | 40/41 | €72,487 | €138,145 | +€65,658 | +90.6% |
| Trade receivables | 40 | €15,065 | €18,014 | +€2,950 | +19.6% |
| Other amounts receivable | 41 | €57,423 | €120,131 | +€62,708 | +109.2% |
| Cash at bank and in hand | 54/58 | €24,263 | €23,592 | -€671 | -2.8% |
| Deferred charges and accrued income | 490/1 | €348 | €190 | -€158 | -45.5% |
| Total equity and liabilities | 10/49 | €97,098 | €184,168 | +€87,071 | +89.7% |
| Equity | 10/15 | €60,569 | €108,306 | +€47,737 | +78.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,569 | €105,306 | +€47,737 | +82.9% |
| Distributable reserves | 133 | €57,569 | €105,306 | +€47,737 | +82.9% |
| Amounts payable | 17/49 | €36,528 | €75,862 | +€39,334 | +107.7% |
| Amounts payable after more than one year | 17 | - | €11,910 | +€11,910 | |
| Financial debts | 170/4 | - | €11,910 | +€11,910 | |
| Amounts payable within one year | 42/48 | €35,532 | €63,953 | +€28,421 | +80.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,800 | +€7,800 | |
| Trade debts | 44 | €2,429 | - | -€2,429 | |
| Suppliers | 440/4 | €2,429 | - | -€2,429 | |
| Taxes, remuneration and social security | 45 | €33,103 | €56,153 | +€23,050 | +69.6% |
| Taxes | 450/3 | €31,103 | €54,153 | +€23,050 | +74.1% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €996 | - | -€996 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,863 | +€3,863 | |
| Other operating charges | 640/8 | €1,475 | €2,022 | +€546 | +37.0% |
| Gross operating margin | 9900 | €81,964 | €74,037 | -€7,927 | -9.7% |
| Operating profit (loss) | 9901 | €80,488 | €68,153 | -€12,336 | -15.3% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €131 | €974 | +€843 | +644.0% |
| Recurring financial charges | 65 | €131 | €974 | +€843 | +644.0% |
| Profit (loss) for the period before taxes | 9903 | €80,357 | €67,179 | -€13,179 | -16.4% |
| Income taxes | 67/77 | €22,788 | €19,442 | -€3,346 | -14.7% |
| Profit (loss) for the period | 9904 | €57,569 | €47,737 | -€9,833 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,569 | €47,737 | -€9,833 | -17.1% |
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.