DCD ALL MANAGEMENT: 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.
DCD ALL MANAGEMENT
Largest movements
- Cash -€12,127
down €12,127 (-81.6%), from €14,870 to €2,743
mainly Debts after one year (-€38,176) and Investment in fixed assets (net) (-€17,449)
- Tangible fixed assets -€7,746
down €7,746 (-2.4%), from €322,169 to €314,423
of which Land and buildings: -€7,999
- Debts after one year -€38,176
down €38,176 (-17.0%), from €224,683 to €186,507
of which Financial debts: -€38,736
- Profit (loss) carried forward +€14,972
up €14,972 (+12.7%), from -€117,510 to -€102,538
- Other debts +€5,700
up €5,700 (+14.7%), from €38,899 to €44,599
- Gross operating margin +€60,312
up €60,312, from -€5,441 to €54,871
- Depreciation -€51,976
down €51,976 (-67.4%), from €77,171 to €25,195
- Staff costs -€8,550
down €8,550, from €7,909 to -€641
- Other operating charges -€5,811
down €5,811 (-56.5%), from €10,276 to €4,465
- Financial charges -€5,150
down €5,150 (-32.4%), from €15,879 to €10,729
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 | €346,462 | €324,775 | -€21,688 | -6.3% |
| Fixed assets | 21/28 | €322,169 | €314,423 | -€7,746 | -2.4% |
| Tangible fixed assets | 22/27 | €322,169 | €314,423 | -€7,746 | -2.4% |
| Land and buildings | 22 | €321,001 | €313,002 | -€7,999 | -2.5% |
| Plant, machinery and equipment | 23 | €720 | €115 | -€605 | -84.1% |
| Furniture and vehicles | 24 | €449 | €1,306 | +€857 | +191.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €24,293 | €10,352 | -€13,941 | -57.4% |
| Amounts receivable within one year | 40/41 | €6,660 | €6,660 | = | 0.0% |
| Other amounts receivable | 41 | €6,660 | €6,660 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,870 | €2,743 | -€12,127 | -81.6% |
| Deferred charges and accrued income | 490/1 | €2,763 | €949 | -€1,814 | -65.7% |
| Total equity and liabilities | 10/49 | €346,462 | €324,775 | -€21,688 | -6.3% |
| Equity | 10/15 | €39,204 | €54,175 | +€14,972 | +38.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €131,714 | €131,714 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €129,214 | €129,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,510 | -€102,538 | +€14,972 | +12.7% |
| Amounts payable | 17/49 | €307,259 | €270,599 | -€36,659 | -11.9% |
| Amounts payable after more than one year | 17 | €224,683 | €186,507 | -€38,176 | -17.0% |
| Financial debts | 170/4 | €214,493 | €175,757 | -€38,736 | -18.1% |
| Other amounts payable | 178/9 | €10,190 | €10,750 | +€560 | +5.5% |
| Amounts payable within one year | 42/48 | €82,575 | €84,092 | +€1,517 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €39,521 | €38,736 | -€785 | -2.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,005 | €605 | -€3,400 | -84.9% |
| Suppliers | 440/4 | €4,005 | €605 | -€3,400 | -84.9% |
| Taxes, remuneration and social security | 45 | €151 | €151 | +€1 | +0.6% |
| Taxes | 450/3 | €0 | €151 | +€151 | |
| Remuneration and social security | 454/9 | €151 | €0 | -€151 | -100.0% |
| Other amounts payable | 47/48 | €38,899 | €44,599 | +€5,700 | +14.7% |
| Non-recurring operating income | 76A | €0 | €15,000 | +€15,000 | |
| Remuneration, social security and pensions | 62 | €7,909 | -€641 | -€8,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,171 | €25,195 | -€51,976 | -67.4% |
| Other operating charges | 640/8 | €10,276 | €4,465 | -€5,811 | -56.5% |
| Gross operating margin | 9900 | -€5,441 | €54,871 | +€60,312 | |
| Operating profit (loss) | 9901 | -€100,798 | €25,850 | +€126,649 | |
| Financial income | 75/76B | €7 | €2 | -€6 | -77.1% |
| Recurring financial income | 75 | €7 | €2 | -€6 | -77.1% |
| Financial charges | 65/66B | €15,879 | €10,729 | -€5,150 | -32.4% |
| Recurring financial charges | 65 | €15,879 | €10,729 | -€5,150 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€116,670 | €15,123 | +€131,793 | |
| Income taxes | 67/77 | €840 | €151 | -€689 | -82.0% |
| Profit (loss) for the period | 9904 | -€117,510 | €14,972 | +€132,482 | |
| Profit (loss) for the period to be appropriated | 9905 | -€117,510 | €14,972 | +€132,482 |
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 9 October 2026 via checked.be.