DCDS PROJECTS: 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 PROJECTS
Largest movements
- Cash +€14,182
up €14,182 (+152.6%), from €9,296 to €23,478
mainly Net result for the year (+€13,240) and Depreciation (+€11,775)
- Tangible fixed assets -€11,776
down €11,776 (-33.7%), from €34,960 to €23,184
of which Furniture and vehicles: -€9,664
- Receivables within one year +€11,109
up €11,109 (+6.9%), from €162,145 to €173,254
of which Trade receivables: +€8,581
- Profit (loss) carried forward +€6,740
up €6,740 (+27.1%), from -€24,874 to -€18,134
- Trade debts +€6,341
up €6,341 (+45.6%), from €13,906 to €20,247
- Other debts +€5,601
up €5,601 (+16.2%), from €34,481 to €40,082
- Tax, wage and social debts -€5,132
down €5,132 (-46.3%), from €11,075 to €5,943
of which Taxes: -€5,792
- Turnover +€63,991
up €63,991 (+30.8%), from €208,040 to €272,031
- Gross operating margin +€41,573
up €41,573 (+79.1%), from €52,568 to €94,141
- Purchases and services +€22,418
up €22,418 (+14.4%), from €155,472 to €177,890
- Staff costs +€3,193
up €3,193 (+4.9%), from €64,671 to €67,864
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 | €212,445 | €225,995 | +€13,550 | +6.4% |
| Fixed assets | 21/28 | €34,960 | €23,184 | -€11,776 | -33.7% |
| Tangible fixed assets | 22/27 | €34,960 | €23,184 | -€11,776 | -33.7% |
| Plant, machinery and equipment | 23 | €6,172 | €4,060 | -€2,112 | -34.2% |
| Furniture and vehicles | 24 | €28,788 | €19,124 | -€9,664 | -33.6% |
| Current assets | 29/58 | €177,485 | €202,811 | +€25,326 | +14.3% |
| Stocks and contracts in progress | 3 | €6,044 | €6,044 | = | 0.0% |
| Stocks | 30/36 | €6,044 | €6,044 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €162,145 | €173,254 | +€11,109 | +6.9% |
| Trade receivables | 40 | €97,145 | €105,726 | +€8,581 | +8.8% |
| Other amounts receivable | 41 | €65,000 | €67,528 | +€2,528 | +3.9% |
| Cash at bank and in hand | 54/58 | €9,296 | €23,478 | +€14,182 | +152.6% |
| Deferred charges and accrued income | 490/1 | - | €35 | +€35 | |
| Total equity and liabilities | 10/49 | €212,445 | €225,995 | +€13,550 | +6.4% |
| Equity | 10/15 | €152,983 | €159,723 | +€6,740 | +4.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Reserves | 13 | €152,857 | €152,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Legal reserve | 130 | €2,500 | - | -€2,500 | |
| Other | 1319 | - | €2,500 | +€2,500 | |
| Distributable reserves | 133 | €150,357 | €150,357 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,874 | -€18,134 | +€6,740 | +27.1% |
| Amounts payable | 17/49 | €59,462 | €66,272 | +€6,810 | +11.5% |
| Amounts payable within one year | 42/48 | €59,462 | €66,272 | +€6,810 | +11.5% |
| Trade debts | 44 | €13,906 | €20,247 | +€6,341 | +45.6% |
| Suppliers | 440/4 | €13,906 | €20,247 | +€6,341 | +45.6% |
| Taxes, remuneration and social security | 45 | €11,075 | €5,943 | -€5,132 | -46.3% |
| Taxes | 450/3 | €5,792 | - | -€5,792 | |
| Remuneration and social security | 454/9 | €5,283 | €5,943 | +€660 | +12.5% |
| Other amounts payable | 47/48 | €34,481 | €40,082 | +€5,601 | +16.2% |
| Turnover | 70 | €208,040 | €272,031 | +€63,991 | +30.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €155,472 | €177,890 | +€22,418 | +14.4% |
| Remuneration, social security and pensions | 62 | €64,671 | €67,864 | +€3,193 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,611 | €11,775 | +€164 | +1.4% |
| Other operating charges | 640/8 | €1,036 | €1,132 | +€96 | +9.3% |
| Gross operating margin | 9900 | €52,568 | €94,141 | +€41,573 | +79.1% |
| Operating profit (loss) | 9901 | -€24,750 | €13,370 | +€38,120 | |
| Financial charges | 65/66B | €124 | €130 | +€6 | +4.8% |
| Recurring financial charges | 65 | €124 | €130 | +€6 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,874 | €13,240 | +€38,114 | |
| Profit (loss) for the period | 9904 | -€24,874 | €13,240 | +€38,114 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,874 | €13,240 | +€38,114 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.