DC REPORTING & DEVELOPMENT: 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 REPORTING & DEVELOPMENT
Largest movements
- Tangible fixed assets +€305,556
up €305,556 (+24.9%), from €1.2m to €1.5m
of which Assets under construction and advance payments: +€286,714
- Cash -€112,082
down €112,082 (-65.8%), from €170,262 to €58,181
mainly Investment in fixed assets (net) (-€356,441) and Net result for the year (-€84,497)
- Receivables within one year -€80,995
down €80,995 (-96.6%), from €83,858 to €2,863
of which Other amounts receivable: -€75,112
- Debts after one year +€150,000
up €150,000 (+27.3%), from €550,000 to €700,000
- Reserves -€84,497
down €84,497 (-22.6%), from €374,083 to €289,586
- Accrued charges and deferred income +€31,884
up €31,884 (+165%), from €19,362 to €51,245
- Depreciation +€45,705
up €45,705 (+882%), from €5,181 to €50,885
- Financial charges +€31,442
up €31,442 (+181%), from €17,393 to €48,835
- Gross operating margin -€10,395
down €10,395 (-11.0%), from €94,618 to €84,224
- Staff costs +€3,550
up €3,550 (+5.6%), from €63,748 to €67,298
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 | €1,479,819 | €1,601,082 | +€121,262 | +8.2% |
| Fixed assets | 21/28 | €1,224,732 | €1,530,288 | +€305,556 | +24.9% |
| Tangible fixed assets | 22/27 | €1,224,732 | €1,530,288 | +€305,556 | +24.9% |
| Land and buildings | 22 | €233,750 | €248,335 | +€14,585 | +6.2% |
| Plant, machinery and equipment | 23 | €48,460 | €39,224 | -€9,236 | -19.1% |
| Furniture and vehicles | 24 | €99,731 | €113,225 | +€13,493 | +13.5% |
| Assets under construction and advance payments | 27 | €842,791 | €1,129,505 | +€286,714 | +34.0% |
| Current assets | 29/58 | €255,087 | €70,794 | -€184,293 | -72.2% |
| Amounts receivable within one year | 40/41 | €83,858 | €2,863 | -€80,995 | -96.6% |
| Trade receivables | 40 | €8,746 | €2,863 | -€5,882 | -67.3% |
| Other amounts receivable | 41 | €75,112 | €0 | -€75,112 | -100% |
| Cash at bank and in hand | 54/58 | €170,262 | €58,181 | -€112,082 | -65.8% |
| Deferred charges and accrued income | 490/1 | €967 | €9,750 | +€8,783 | +908% |
| Total equity and liabilities | 10/49 | €1,479,819 | €1,601,082 | +€121,262 | +8.2% |
| Equity | 10/15 | €892,883 | €808,386 | -€84,497 | -9.5% |
| Contributions | 10/11 | €518,800 | €518,800 | = | 0.0% |
| Reserves | 13 | €374,083 | €289,586 | -€84,497 | -22.6% |
| Distributable reserves | 133 | €374,083 | €289,586 | -€84,497 | -22.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €586,937 | €792,696 | +€205,759 | +35.1% |
| Amounts payable after more than one year | 17 | €550,000 | €700,000 | +€150,000 | +27.3% |
| Financial debts | 170/4 | €550,000 | €700,000 | +€150,000 | +27.3% |
| Amounts payable within one year | 42/48 | €17,575 | €41,451 | +€23,876 | +136% |
| Trade debts | 44 | €536 | €9,696 | +€9,160 | +1,708% |
| Suppliers | 440/4 | €536 | €9,696 | +€9,160 | +1,708% |
| Taxes, remuneration and social security | 45 | €12,420 | €17,091 | +€4,670 | +37.6% |
| Taxes | 450/3 | €2,887 | €7,572 | +€4,685 | +162% |
| Remuneration and social security | 454/9 | €9,534 | €9,519 | -€15 | -0.2% |
| Other amounts payable | 47/48 | €4,618 | €14,664 | +€10,046 | +218% |
| Accrued charges and deferred income | 492/3 | €19,362 | €51,245 | +€31,884 | +165% |
| Remuneration, social security and pensions | 62 | €63,748 | €67,298 | +€3,550 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,181 | €50,885 | +€45,705 | +882% |
| Other operating charges | 640/8 | €692 | €1,383 | +€692 | +100% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €94,618 | €84,224 | -€10,395 | -11.0% |
| Operating profit (loss) | 9901 | €24,998 | -€35,343 | -€60,341 | |
| Financial income | 75/76B | €2 | €2 | -€0 | -17.6% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -17.6% |
| Financial charges | 65/66B | €17,393 | €48,835 | +€31,442 | +181% |
| Recurring financial charges | 65 | €17,393 | €48,835 | +€31,442 | +181% |
| Profit (loss) for the period before taxes | 9903 | €7,607 | -€84,176 | -€91,783 | |
| Income taxes | 67/77 | €250 | €321 | +€71 | +28.4% |
| Profit (loss) for the period | 9904 | €7,357 | -€84,497 | -€91,854 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,357 | -€84,497 | -€91,854 |
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 22 October 2026 via checked.be.