DC+ PROJECTS: 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+ PROJECTS
Largest movements
- Cash +€16,983
up €16,983 (+27.5%), from €61,717 to €78,700
mainly Depreciation (+€10,365) and Net result for the year (+€4,030)
- Tangible fixed assets -€10,365
down €10,365 (-3.7%), from €279,856 to €269,491
- Reserves +€4,030
up €4,030 (+13.8%), from €29,155 to €33,185
- Other operating charges -€1,863
down €1,863 (-47.3%), from €3,935 to €2,073
- Taxes +€569
up €569 (+42.4%), from €1,339 to €1,908
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 | €344,104 | €348,892 | +€4,788 | +1.4% |
| Fixed assets | 21/28 | €280,456 | €270,091 | -€10,365 | -3.7% |
| Tangible fixed assets | 22/27 | €279,856 | €269,491 | -€10,365 | -3.7% |
| Land and buildings | 22 | €279,856 | €269,491 | -€10,365 | -3.7% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €63,648 | €78,800 | +€15,153 | +23.8% |
| Amounts receivable within one year | 40/41 | €1,930 | €100 | -€1,830 | -94.8% |
| Trade receivables | 40 | €450 | €0 | -€450 | -100.0% |
| Other amounts receivable | 41 | €1,480 | €100 | -€1,380 | -93.2% |
| Cash at bank and in hand | 54/58 | €61,717 | €78,700 | +€16,983 | +27.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €344,104 | €348,892 | +€4,788 | +1.4% |
| Equity | 10/15 | €47,755 | €51,785 | +€4,030 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,155 | €33,185 | +€4,030 | +13.8% |
| Distributable reserves | 133 | €29,155 | €33,185 | +€4,030 | +13.8% |
| Amounts payable | 17/49 | €296,349 | €297,107 | +€758 | +0.3% |
| Amounts payable after more than one year | 17 | €293,420 | €293,420 | = | 0.0% |
| Other amounts payable | 178/9 | €293,420 | €293,420 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,233 | €1,121 | -€112 | -9.1% |
| Trade debts | 44 | €549 | €594 | +€45 | +8.3% |
| Suppliers | 440/4 | €549 | €594 | +€45 | +8.3% |
| Advances received on contracts in progress | 46 | €545 | €0 | -€545 | -100.0% |
| Taxes, remuneration and social security | 45 | €139 | €527 | +€388 | +278.0% |
| Taxes | 450/3 | €139 | €527 | +€388 | +278.0% |
| Accrued charges and deferred income | 492/3 | €1,696 | €2,565 | +€869 | +51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,365 | €10,365 | = | 0.0% |
| Other operating charges | 640/8 | €3,935 | €2,073 | -€1,863 | -47.3% |
| Gross operating margin | 9900 | €18,594 | €18,460 | -€134 | -0.7% |
| Operating profit (loss) | 9901 | €4,294 | €6,022 | +€1,728 | +40.3% |
| Financial charges | 65/66B | €84 | €84 | = | 0.0% |
| Recurring financial charges | 65 | €84 | €84 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,210 | €5,938 | +€1,728 | +41.1% |
| Income taxes | 67/77 | €1,339 | €1,908 | +€569 | +42.4% |
| Profit (loss) for the period | 9904 | €2,870 | €4,030 | +€1,160 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,870 | €4,030 | +€1,160 | +40.4% |
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 8 October 2026 via checked.be.