DC LEX: 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 LEX
Largest movements
- Cash +€64,792
up €64,792 (+138%), from €46,961 to €111,753
mainly Net result for the year (+€55,877) and Tax, wage and social debts (+€7,959)
- Tangible fixed assets -€7,136
down €7,136 (-24.9%), from €28,619 to €21,483
- Receivables within one year +€6,782
up €6,782 (+47.5%), from €14,284 to €21,066
of which Other amounts receivable: +€5,420
- Deferred charges and accrued income +€2,004
up €2,004 (+220%), from €910 to €2,914
- Reserves +€55,018
up €55,018 (+78.3%), from €70,295 to €125,312
- Tax, wage and social debts +€7,959
up €7,959 (+163%), from €4,891 to €12,851
of which Taxes: +€6,009
- Other debts +€5,613
up €5,613 (+55.2%), from €10,178 to €15,791
- Accrued charges and deferred income -€1,954
down €1,954 (-71.9%), from €2,717 to €763
- Gross operating margin -€27,145
down €27,145 (-25.6%), from €106,186 to €79,041
- Taxes -€9,871
down €9,871 (-39.9%), from €24,710 to €14,839
- Financial charges -€1,868
down €1,868 (-66.6%), from €2,807 to €938
- Financial income -€1,386
down €1,386 (-98.7%), from €1,405 to €19
- Depreciation -€1,090
down €1,090 (-13.2%), from €8,226 to €7,137
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 | €90,775 | €157,217 | +€66,442 | +73.2% |
| Fixed assets | 21/28 | €28,620 | €21,484 | -€7,137 | -24.9% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -25.0% |
| Tangible fixed assets | 22/27 | €28,619 | €21,483 | -€7,136 | -24.9% |
| Furniture and vehicles | 24 | €28,619 | €21,483 | -€7,136 | -24.9% |
| Current assets | 29/58 | €62,155 | €135,734 | +€73,578 | +118% |
| Amounts receivable within one year | 40/41 | €14,284 | €21,066 | +€6,782 | +47.5% |
| Trade receivables | 40 | €10,673 | €12,034 | +€1,361 | +12.8% |
| Other amounts receivable | 41 | €3,612 | €9,032 | +€5,420 | +150% |
| Cash at bank and in hand | 54/58 | €46,961 | €111,753 | +€64,792 | +138% |
| Deferred charges and accrued income | 490/1 | €910 | €2,914 | +€2,004 | +220% |
| Total equity and liabilities | 10/49 | €90,775 | €157,217 | +€66,442 | +73.2% |
| Equity | 10/15 | €72,795 | €127,812 | +€55,018 | +75.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €70,295 | €125,312 | +€55,018 | +78.3% |
| Distributable reserves | 133 | €70,295 | €125,312 | +€55,018 | +78.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,981 | €29,405 | +€11,424 | +63.5% |
| Amounts payable within one year | 42/48 | €15,263 | €28,642 | +€13,379 | +87.7% |
| Trade debts | 44 | €194 | €0 | -€194 | -100% |
| Suppliers | 440/4 | €194 | €0 | -€194 | -100% |
| Taxes, remuneration and social security | 45 | €4,891 | €12,851 | +€7,959 | +163% |
| Taxes | 450/3 | €4,891 | €10,901 | +€6,009 | +123% |
| Remuneration and social security | 454/9 | - | €1,950 | +€1,950 | |
| Other amounts payable | 47/48 | €10,178 | €15,791 | +€5,613 | +55.2% |
| Accrued charges and deferred income | 492/3 | €2,717 | €763 | -€1,954 | -71.9% |
| Non-recurring operating income | 76A | €42 | €0 | -€42 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,226 | €7,137 | -€1,090 | -13.2% |
| Other operating charges | 640/8 | €694 | €269 | -€425 | -61.2% |
| Gross operating margin | 9900 | €106,186 | €79,041 | -€27,145 | -25.6% |
| Operating profit (loss) | 9901 | €97,266 | €71,636 | -€25,630 | -26.4% |
| Financial income | 75/76B | €1,405 | €19 | -€1,386 | -98.7% |
| Recurring financial income | 75 | €1,405 | €19 | -€1,386 | -98.7% |
| Financial charges | 65/66B | €2,807 | €938 | -€1,868 | -66.6% |
| Recurring financial charges | 65 | €2,807 | €938 | -€1,868 | -66.6% |
| Profit (loss) for the period before taxes | 9903 | €95,864 | €70,716 | -€25,148 | -26.2% |
| Income taxes | 67/77 | €24,710 | €14,839 | -€9,871 | -39.9% |
| Profit (loss) for the period | 9904 | €71,154 | €55,877 | -€15,277 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,154 | €55,877 | -€15,277 | -21.5% |
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.