DC7: 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.
DC7
Largest movements
- Tangible fixed assets -€20,765
down €20,765 (-2.4%), from €867,633 to €846,868
of which Land and buildings: -€18,500
- Cash +€10,195
up €10,195 (+37.3%), from €27,307 to €37,501
mainly Depreciation (+€33,776) and Net result for the year (+€12,961)
- Debts after one year -€21,988
down €21,988 (-13.5%), from €162,896 to €140,908
of which Financial debts: -€21,988
- Reserves +€12,961
up €12,961 (+2.6%), from €506,500 to €519,461
of which Distributable reserves: +€15,450
- Taxes -€795
down €795 (-9.7%), from €8,206 to €7,411
- Gross operating margin -€792
down €792 (-1.1%), from €70,702 to €69,910
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 | €895,660 | €887,006 | -€8,654 | -1.0% |
| Fixed assets | 21/28 | €867,633 | €846,868 | -€20,765 | -2.4% |
| Tangible fixed assets | 22/27 | €867,633 | €846,868 | -€20,765 | -2.4% |
| Land and buildings | 22 | €851,603 | €833,103 | -€18,500 | -2.2% |
| Plant, machinery and equipment | 23 | €14,566 | €12,882 | -€1,684 | -11.6% |
| Furniture and vehicles | 24 | €1,464 | €883 | -€581 | -39.7% |
| Current assets | 29/58 | €28,027 | €40,138 | +€12,111 | +43.2% |
| Amounts receivable within one year | 40/41 | - | €589 | +€589 | |
| Other amounts receivable | 41 | - | €589 | +€589 | |
| Cash at bank and in hand | 54/58 | €27,307 | €37,501 | +€10,195 | +37.3% |
| Deferred charges and accrued income | 490/1 | €720 | €2,048 | +€1,328 | +184% |
| Total equity and liabilities | 10/49 | €895,660 | €887,006 | -€8,654 | -1.0% |
| Equity | 10/15 | €536,500 | €549,461 | +€12,961 | +2.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €506,500 | €519,461 | +€12,961 | +2.6% |
| Non-distributable reserves | 130/1 | €1,749 | €1,749 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,749 | €1,749 | = | 0.0% |
| Tax-exempt reserves | 132 | €433,639 | €431,150 | -€2,489 | -0.6% |
| Distributable reserves | 133 | €71,112 | €86,562 | +€15,450 | +21.7% |
| Provisions and deferred taxes | 16 | €142,287 | €141,005 | -€1,282 | -0.9% |
| Deferred taxes | 168 | €142,287 | €141,005 | -€1,282 | -0.9% |
| Amounts payable | 17/49 | €216,873 | €196,540 | -€20,333 | -9.4% |
| Amounts payable after more than one year | 17 | €162,896 | €140,908 | -€21,988 | -13.5% |
| Financial debts | 170/4 | €162,646 | €140,658 | -€21,988 | -13.5% |
| Other amounts payable | 178/9 | €250 | €250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,353 | €49,851 | +€1,499 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €16,372 | €16,988 | +€616 | +3.8% |
| Trade debts | 44 | €908 | €1,002 | +€94 | +10.3% |
| Suppliers | 440/4 | €908 | €1,002 | +€94 | +10.3% |
| Taxes, remuneration and social security | 45 | €206 | €206 | = | 0.0% |
| Taxes | 450/3 | €206 | €206 | = | 0.0% |
| Other amounts payable | 47/48 | €30,867 | €31,655 | +€788 | +2.6% |
| Accrued charges and deferred income | 492/3 | €5,625 | €5,781 | +€157 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,205 | €33,776 | +€571 | +1.7% |
| Other operating charges | 640/8 | €6,232 | €6,292 | +€60 | +1.0% |
| Gross operating margin | 9900 | €70,702 | €69,910 | -€792 | -1.1% |
| Operating profit (loss) | 9901 | €31,264 | €29,841 | -€1,423 | -4.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €10,113 | €10,750 | +€637 | +6.3% |
| Recurring financial charges | 65 | €10,113 | €10,750 | +€637 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €21,151 | €19,091 | -€2,061 | -9.7% |
| Transfer from deferred taxes | 780 | €1,282 | €1,282 | = | 0.0% |
| Income taxes | 67/77 | €8,206 | €7,411 | -€795 | -9.7% |
| Profit (loss) for the period | 9904 | €14,227 | €12,961 | -€1,266 | -8.9% |
| Transfer from tax-exempt reserves | 789 | €2,489 | €2,489 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,716 | €15,450 | -€1,266 | -7.6% |
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 23 October 2026 via checked.be.