DC4Group: 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.
DC4Group
Largest movements
- Receivables after one year +€40,000
new in 2025: €40,000
- Receivables within one year +€33,507
up €33,507 (+60.3%), from €55,574 to €89,081
of which Trade receivables: +€34,831
- Contributions +€70,000
up €70,000 (+1,129%), from €6,200 to €76,200
- Other debts +€36,527
new in 2025: €36,527
- Trade debts -€32,776
down €32,776 (-99.1%), from €33,063 to €287
- Debts after one year +€17,303
new in 2025: €17,303
- Profit (loss) carried forward -€14,216
down €14,216 (-254%), from -€5,598 to -€19,814
- Financial income -€23,941
down €23,941 (-100%), from €23,941 to €0
of which Non-recurring financial income: -€23,941
- Gross operating margin -€21,841
down €21,841 (-25.4%), from €86,095 to €64,253
- Staff costs -€19,629
down €19,629 (-26.7%), from €73,412 to €53,782
- Taxes -€6,039
down €6,039 (-79.0%), from €7,645 to €1,606
- Depreciation +€1,773
up €1,773 (+90.5%), from €1,960 to €3,732
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 | €70,839 | €144,246 | +€73,407 | +104% |
| Fixed assets | 21/28 | €13,311 | €12,090 | -€1,221 | -9.2% |
| Tangible fixed assets | 22/27 | €13,311 | €12,090 | -€1,221 | -9.2% |
| Plant, machinery and equipment | 23 | €1,124 | €3,099 | +€1,975 | +176% |
| Furniture and vehicles | 24 | €10,240 | €7,688 | -€2,552 | -24.9% |
| Other tangible fixed assets | 26 | €1,947 | €1,303 | -€644 | -33.1% |
| Current assets | 29/58 | €57,528 | €132,156 | +€74,628 | +130% |
| Amounts receivable after more than one year | 29 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 291 | - | €40,000 | +€40,000 | |
| Amounts receivable within one year | 40/41 | €55,574 | €89,081 | +€33,507 | +60.3% |
| Trade receivables | 40 | €12,722 | €47,553 | +€34,831 | +274% |
| Other amounts receivable | 41 | €42,852 | €41,528 | -€1,323 | -3.1% |
| Cash at bank and in hand | 54/58 | €1,954 | €3,075 | +€1,121 | +57.4% |
| Total equity and liabilities | 10/49 | €70,839 | €144,246 | +€73,407 | +104% |
| Equity | 10/15 | €28,987 | €84,772 | +€55,784 | +192% |
| Contributions | 10/11 | €6,200 | €76,200 | +€70,000 | +1,129% |
| Reserves | 13 | €28,385 | €28,385 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,525 | €26,525 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€5,598 | -€19,814 | -€14,216 | -254% |
| Amounts payable | 17/49 | €41,852 | €59,474 | +€17,622 | +42.1% |
| Amounts payable after more than one year | 17 | - | €17,303 | +€17,303 | |
| Financial debts | 170/4 | - | €17,303 | +€17,303 | |
| Amounts payable within one year | 42/48 | €41,852 | €42,172 | +€320 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €4,475 | €2,958 | -€1,516 | -33.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €33,063 | €287 | -€32,776 | -99.1% |
| Suppliers | 440/4 | €33,063 | €287 | -€32,776 | -99.1% |
| Taxes, remuneration and social security | 45 | €4,314 | €2,400 | -€1,915 | -44.4% |
| Taxes | 450/3 | €2,189 | €2,400 | +€211 | +9.6% |
| Remuneration and social security | 454/9 | €2,126 | €0 | -€2,126 | -100% |
| Other amounts payable | 47/48 | - | €36,527 | +€36,527 | |
| Remuneration, social security and pensions | 62 | €73,412 | €53,782 | -€19,629 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,960 | €3,732 | +€1,773 | +90.5% |
| Other operating charges | 640/8 | €1,070 | €976 | -€95 | -8.8% |
| Non-recurring operating charges | 66A | €1,418 | €16,718 | +€15,300 | +1,079% |
| Gross operating margin | 9900 | €86,095 | €64,253 | -€21,841 | -25.4% |
| Operating profit (loss) | 9901 | €8,235 | -€10,955 | -€19,190 | |
| Financial income | 75/76B | €23,941 | €0 | -€23,941 | -100% |
| Recurring financial income | 75 | €0 | €0 | = | |
| Non-recurring financial income | 76B | €23,941 | €0 | -€23,941 | -100% |
| Financial charges | 65/66B | €1,231 | €1,655 | +€424 | +34.5% |
| Recurring financial charges | 65 | €1,231 | €1,655 | +€424 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €30,946 | -€12,610 | -€43,556 | |
| Income taxes | 67/77 | €7,645 | €1,606 | -€6,039 | -79.0% |
| Profit (loss) for the period | 9904 | €23,300 | -€14,216 | -€37,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,300 | -€14,216 | -€37,516 |
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 26 October 2026 via checked.be.