DC Management: 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 Management
Largest movements
- Deferred charges and accrued income +€15,011
up €15,011 (+4195.9%), from €358 to €15,369
- Cash +€3,942
up €3,942 (+7.1%), from €55,423 to €59,365
mainly Net result for the year (+€15,232) and Receivables within one year (+€2,524)
- Receivables within one year -€2,524
down €2,524 (-43.6%), from €5,792 to €3,268
- Tangible fixed assets -€1,444
down €1,444 (-36.4%), from €3,965 to €2,520
of which Plant, machinery and equipment: -€956
- Reserves +€15,232
up €15,232 (+29.7%), from €51,240 to €66,472
- Tax, wage and social debts -€1,318
down €1,318 (-14.1%), from €9,327 to €8,009
of which Taxes: -€1,318
- Trade debts +€1,014
up €1,014 (+480.6%), from €211 to €1,225
- Gross operating margin +€12,719
up €12,719 (+118.1%), from €10,766 to €23,485
- Taxes +€3,499
up €3,499 (+128.0%), from €2,733 to €6,232
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 | €65,538 | €80,521 | +€14,984 | +22.9% |
| Fixed assets | 21/28 | €3,965 | €2,520 | -€1,444 | -36.4% |
| Tangible fixed assets | 22/27 | €3,965 | €2,520 | -€1,444 | -36.4% |
| Plant, machinery and equipment | 23 | €3,232 | €2,275 | -€956 | -29.6% |
| Furniture and vehicles | 24 | €733 | €245 | -€488 | -66.6% |
| Current assets | 29/58 | €61,573 | €78,001 | +€16,428 | +26.7% |
| Amounts receivable within one year | 40/41 | €5,792 | €3,268 | -€2,524 | -43.6% |
| Other amounts receivable | 41 | €5,792 | €3,268 | -€2,524 | -43.6% |
| Cash at bank and in hand | 54/58 | €55,423 | €59,365 | +€3,942 | +7.1% |
| Deferred charges and accrued income | 490/1 | €358 | €15,369 | +€15,011 | +4195.9% |
| Total equity and liabilities | 10/49 | €65,538 | €80,521 | +€14,984 | +22.9% |
| Equity | 10/15 | €54,240 | €69,472 | +€15,232 | +28.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,240 | €66,472 | +€15,232 | +29.7% |
| Distributable reserves | 133 | €51,240 | €66,472 | +€15,232 | +29.7% |
| Amounts payable | 17/49 | €11,298 | €11,049 | -€249 | -2.2% |
| Amounts payable within one year | 42/48 | €9,538 | €9,234 | -€304 | -3.2% |
| Trade debts | 44 | €211 | €1,225 | +€1,014 | +480.6% |
| Suppliers | 440/4 | €211 | €1,225 | +€1,014 | +480.6% |
| Taxes, remuneration and social security | 45 | €9,327 | €8,009 | -€1,318 | -14.1% |
| Taxes | 450/3 | €6,827 | €5,509 | -€1,318 | -19.3% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,760 | €1,815 | +€55 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,227 | €1,444 | +€218 | +17.7% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.4% |
| Gross operating margin | 9900 | €10,766 | €23,485 | +€12,719 | +118.1% |
| Operating profit (loss) | 9901 | €9,028 | €21,512 | +€12,485 | +138.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €39 | €48 | +€9 | +22.5% |
| Recurring financial charges | 65 | €39 | €48 | +€9 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €8,989 | €21,464 | +€12,476 | +138.8% |
| Income taxes | 67/77 | €2,733 | €6,232 | +€3,499 | +128.0% |
| Profit (loss) for the period | 9904 | €6,256 | €15,232 | +€8,976 | +143.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,256 | €15,232 | +€8,976 | +143.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.