DCDS: 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.
DCDS
Largest movements
- Receivables within one year +€38,683
up €38,683 (+26.8%), from €144,490 to €183,173
of which Other amounts receivable: +€36,113
- Cash -€36,801
down €36,801 (-51.8%), from €71,094 to €34,293
mainly Contributions, distributions and other (-€42,857) and Receivables within one year (-€38,683)
- Tangible fixed assets +€8,017
up €8,017 (+20.3%), from €39,560 to €47,577
of which Furniture and vehicles: +€10,176
- Current portion of long-term debt +€8,893
up €8,893 (+1670.0%), from €533 to €9,426
- Trade debts -€5,593
down €5,593 (-32.0%), from €17,503 to €11,911
- Short-term financial debts +€4,989
up €4,989 (+177.9%), from €2,805 to €7,794
- Tax, wage and social debts +€3,371
up €3,371 (+9.5%), from €35,544 to €38,915
of which Taxes: +€11,976
- Gross operating margin -€6,445
down €6,445 (-6.5%), from €99,892 to €93,446
- Depreciation +€3,092
up €3,092 (+36.5%), from €8,462 to €11,554
- Taxes -€3,041
down €3,041 (-14.1%), from €21,576 to €18,535
- Staff costs +€3,039
up €3,039 (+18.0%), from €16,893 to €19,932
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 | €259,227 | €269,127 | +€9,900 | +3.8% |
| Fixed assets | 21/28 | €39,585 | €47,602 | +€8,017 | +20.3% |
| Tangible fixed assets | 22/27 | €39,560 | €47,577 | +€8,017 | +20.3% |
| Land and buildings | 22 | €28,060 | €25,902 | -€2,158 | -7.7% |
| Furniture and vehicles | 24 | €11,500 | €21,676 | +€10,176 | +88.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €219,642 | €221,524 | +€1,883 | +0.9% |
| Amounts receivable within one year | 40/41 | €144,490 | €183,173 | +€38,683 | +26.8% |
| Trade receivables | 40 | €128,563 | €131,133 | +€2,570 | +2.0% |
| Other amounts receivable | 41 | €15,928 | €52,041 | +€36,113 | +226.7% |
| Cash at bank and in hand | 54/58 | €71,094 | €34,293 | -€36,801 | -51.8% |
| Deferred charges and accrued income | 490/1 | €4,058 | €4,058 | = | 0.0% |
| Total equity and liabilities | 10/49 | €259,227 | €269,127 | +€9,900 | +3.8% |
| Equity | 10/15 | €202,842 | €201,081 | -€1,761 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €120,803 | €119,042 | -€1,761 | -1.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,943 | €117,182 | -€1,761 | -1.5% |
| Profit (loss) carried forward | 14 | €75,839 | €75,839 | = | 0.0% |
| Amounts payable | 17/49 | €56,385 | €68,046 | +€11,661 | +20.7% |
| Amounts payable within one year | 42/48 | €56,385 | €68,046 | +€11,661 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €533 | €9,426 | +€8,893 | +1670.0% |
| Financial debts | 43 | €2,805 | €7,794 | +€4,989 | +177.9% |
| Credit institutions | 430/8 | €2,805 | €7,794 | +€4,989 | +177.9% |
| Trade debts | 44 | €17,503 | €11,911 | -€5,593 | -32.0% |
| Suppliers | 440/4 | €17,503 | €11,911 | -€5,593 | -32.0% |
| Taxes, remuneration and social security | 45 | €35,544 | €38,915 | +€3,371 | +9.5% |
| Taxes | 450/3 | €25,202 | €37,178 | +€11,976 | +47.5% |
| Remuneration and social security | 454/9 | €10,342 | €1,737 | -€8,605 | -83.2% |
| Remuneration, social security and pensions | 62 | €16,893 | €19,932 | +€3,039 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,462 | €11,554 | +€3,092 | +36.5% |
| Other operating charges | 640/8 | €2,305 | €1,311 | -€994 | -43.1% |
| Gross operating margin | 9900 | €99,892 | €93,446 | -€6,445 | -6.5% |
| Operating profit (loss) | 9901 | €72,232 | €60,650 | -€11,582 | -16.0% |
| Financial income | 75/76B | €65 | €214 | +€148 | +227.1% |
| Recurring financial income | 75 | €65 | €214 | +€148 | +227.1% |
| Financial charges | 65/66B | €1,065 | €1,233 | +€168 | +15.8% |
| Recurring financial charges | 65 | €1,065 | €1,233 | +€168 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €71,232 | €59,631 | -€11,601 | -16.3% |
| Income taxes | 67/77 | €21,576 | €18,535 | -€3,041 | -14.1% |
| Profit (loss) for the period | 9904 | €49,656 | €41,096 | -€8,560 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,656 | €41,096 | -€8,560 | -17.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.