DCF SUPREME: 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.
DCF SUPREME
Largest movements
- Tangible fixed assets +€376,266
up €376,266 (+1,726%), from €21,798 to €398,064
of which Land and buildings: +€379,341
- Cash -€53,586
down €53,586 (-73.3%), from €73,151 to €19,565
mainly Investment in fixed assets (net) (-€396,133) and Accrued charges and deferred income (-€5,965)
- Debts after one year +€289,397
new in 2025: €289,397
- Reserves +€29,883
up €29,883 (+37.1%), from €80,565 to €110,449
- Current portion of long-term debt +€10,603
new in 2025: €10,603
- Accrued charges and deferred income -€5,965
no longer reported in 2025 (was €5,965)
- Gross operating margin +€15,952
up €15,952 (+31.7%), from €50,285 to €66,238
- Depreciation +€12,456
up €12,456 (+138%), from €9,018 to €21,474
- Financial charges +€1,712
up €1,712 (+121%), from €1,414 to €3,126
- Taxes +€1,003
up €1,003 (+9.7%), from €10,393 to €11,396
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 | €108,095 | €428,703 | +€320,608 | +297% |
| Fixed assets | 21/28 | €30,605 | €405,264 | +€374,660 | +1,224% |
| Intangible fixed assets | 21 | €3,417 | €1,810 | -€1,607 | -47.0% |
| Tangible fixed assets | 22/27 | €21,798 | €398,064 | +€376,266 | +1,726% |
| Land and buildings | 22 | €7,927 | €387,268 | +€379,341 | +4,785% |
| Plant, machinery and equipment | 23 | €10,717 | €8,342 | -€2,375 | -22.2% |
| Furniture and vehicles | 24 | €3,153 | €2,453 | -€700 | -22.2% |
| Financial fixed assets | 28 | €5,390 | €5,390 | = | 0.0% |
| Current assets | 29/58 | €77,490 | €23,438 | -€54,052 | -69.8% |
| Amounts receivable within one year | 40/41 | €375 | €375 | = | 0.0% |
| Trade receivables | 40 | €375 | €375 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,151 | €19,565 | -€53,586 | -73.3% |
| Deferred charges and accrued income | 490/1 | €3,964 | €3,499 | -€466 | -11.7% |
| Total equity and liabilities | 10/49 | €108,095 | €428,703 | +€320,608 | +297% |
| Equity | 10/15 | €92,965 | €122,849 | +€29,883 | +32.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €80,565 | €110,449 | +€29,883 | +37.1% |
| Distributable reserves | 133 | €80,565 | €110,449 | +€29,883 | +37.1% |
| Amounts payable | 17/49 | €15,129 | €305,854 | +€290,725 | +1,922% |
| Amounts payable after more than one year | 17 | - | €289,397 | +€289,397 | |
| Financial debts | 170/4 | - | €289,397 | +€289,397 | |
| Amounts payable within one year | 42/48 | €9,164 | €16,457 | +€7,293 | +79.6% |
| Current portion of amounts payable after more than one year | 42 | - | €10,603 | +€10,603 | |
| Financial debts | 43 | €681 | - | -€681 | |
| Other loans | 439 | €681 | - | -€681 | |
| Trade debts | 44 | €2,688 | €399 | -€2,289 | -85.2% |
| Suppliers | 440/4 | €2,688 | €399 | -€2,289 | -85.2% |
| Taxes, remuneration and social security | 45 | €5,796 | €4,486 | -€1,310 | -22.6% |
| Taxes | 450/3 | €5,796 | €4,486 | -€1,310 | -22.6% |
| Other amounts payable | 47/48 | - | €969 | +€969 | |
| Accrued charges and deferred income | 492/3 | €5,965 | - | -€5,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,018 | €21,474 | +€12,456 | +138% |
| Other operating charges | 640/8 | €866 | €1,083 | +€217 | +25.1% |
| Gross operating margin | 9900 | €50,285 | €66,238 | +€15,952 | +31.7% |
| Operating profit (loss) | 9901 | €40,402 | €43,681 | +€3,279 | +8.1% |
| Financial income | 75/76B | €527 | €725 | +€198 | +37.5% |
| Recurring financial income | 75 | €527 | €725 | +€198 | +37.5% |
| Financial charges | 65/66B | €1,414 | €3,126 | +€1,712 | +121% |
| Recurring financial charges | 65 | €1,414 | €3,126 | +€1,712 | +121% |
| Profit (loss) for the period before taxes | 9903 | €39,515 | €41,280 | +€1,765 | +4.5% |
| Income taxes | 67/77 | €10,393 | €11,396 | +€1,003 | +9.7% |
| Profit (loss) for the period | 9904 | €29,122 | €29,883 | +€761 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,122 | €29,883 | +€761 | +2.6% |
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 17 October 2026 via checked.be.