DCG HOLDING: 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.
What changed
DCG HOLDING
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.2m
2024 · €1.4m+€789,277
Equity
€6.5m
2024 · €5.6m+€868,095
Cash
€3.3m
2024 · €1.9m+€1.4m
Balance sheet total
€8.0m
2024 · €6.5m+€1.5m
Largest movements
Assets
- Cash +€1.4m
up €1.4m (+75.9%), from €1.9m to €3.3m
mainly Net result for the year (+€2.2m) and Other debts (+€473,598)
- Current investments +€165,823
up €165,823 (+14.5%), from €1.1m to €1.3m
- Tangible fixed assets -€139,692
down €139,692 (-15.5%), from €901,793 to €762,101
of which Land and buildings: -€168,185
Equity and liabilities
- Profit (loss) carried forward +€868,095
up €868,095 (+85.1%), from €1.0m to €1.9m
- Other debts +€473,598
up €473,598 (+57.2%), from €828,174 to €1.3m
- Trade debts +€111,515
up €111,515 (+286%), from €38,927 to €150,442
Income statement
- Financial income +€865,152
up €865,152 (+67.5%), from €1.3m to €2.1m
- Services and other goods +€164,802
up €164,802 (+26.5%), from €621,929 to €786,731
- Taxes -€38,386
down €38,386 (-63.8%), from €60,179 to €21,793
of which Taxes: -€38,135
- Turnover +€15,733
up €15,733 (+1.6%), from €981,161 to €996,894
- Depreciation -€14,281
down €14,281 (-23.2%), from €61,459 to €47,178
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.
Result 2024
€1.4m
Turnover
+€15,733
Other operating income
-€18
Services and other goods
-€164,802
Staff costs
-€1,882
Depreciation
+€14,281
Other operating charges
-€3,740
Other operating items
+€28,398
Financial income
+€865,152
Financial charges
-€2,229
Taxes
+€38,386
Result 2025
€2.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.9m
Investment
-€121,221
Financing
-€1.3m
Cash 2024
€1.9m
From operations (derived)
+€2.9m
Net result for the year
+€2.2m
Depreciation
+€47,178
Receivables within one year
+€50,095
Smaller working-capital items
+€1,059
Trade debts
+€111,515
Other debts
+€473,598
Investment (derived)
-€121,221
Investment in fixed assets (net)
+€44,602
Current investments
-€165,823
Financing
-€1.3m
Short-term financial debts
+€392
Contributions, distributions and other
-€1.3m
Cash 2025
€3.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,510,042 | €7,966,700 | +€1.5m | +22.4% |
| Fixed assets | 21/28 | €3,165,343 | €3,073,563 | -€91,780 | -2.9% |
| Intangible fixed assets | 21 | €10,126 | €58,038 | +€47,912 | +473% |
| Tangible fixed assets | 22/27 | €901,793 | €762,101 | -€139,692 | -15.5% |
| Land and buildings | 22 | €899,483 | €731,298 | -€168,185 | -18.7% |
| Plant, machinery and equipment | 23 | - | €28,993 | +€28,993 | |
| Furniture and vehicles | 24 | €2,309 | €1,809 | -€500 | -21.7% |
| Financial fixed assets | 28 | €2,253,424 | €2,253,424 | = | 0.0% |
| Affiliated companies | 280/1 | €2,253,424 | €2,253,424 | = | 0.0% |
| Participating interests | 280 | €2,253,424 | €2,253,424 | = | 0.0% |
| Current assets | 29/58 | €3,344,699 | €4,893,137 | +€1.5m | +46.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €316,885 | €266,790 | -€50,095 | -15.8% |
| Trade receivables | 40 | €244,295 | €182,951 | -€61,344 | -25.1% |
| Other amounts receivable | 41 | €72,590 | €83,839 | +€11,249 | +15.5% |
| Current investments | 50/53 | €1,142,789 | €1,308,612 | +€165,823 | +14.5% |
| Other investments | 51/53 | €1,142,789 | €1,308,612 | +€165,823 | +14.5% |
| Cash at bank and in hand | 54/58 | €1,884,318 | €3,315,029 | +€1.4m | +75.9% |
| Deferred charges and accrued income | 490/1 | €708 | €2,707 | +€1,999 | +282% |
| Total equity and liabilities | 10/49 | €6,510,042 | €7,966,700 | +€1.5m | +22.4% |
| Equity | 10/15 | €5,629,867 | €6,497,962 | +€868,095 | +15.4% |
| Contributions | 10/11 | €99,560 | €99,560 | = | 0.0% |
| Capital | 10 | €99,560 | €99,560 | = | 0.0% |
| Issued capital | 100 | €99,560 | €99,560 | = | 0.0% |
| Reserves | 13 | €4,509,956 | €4,509,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,956 | €9,956 | = | 0.0% |
| Legal reserve | 130 | €9,956 | €9,956 | = | 0.0% |
| Distributable reserves | 133 | €4,500,000 | €4,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,020,351 | €1,888,446 | +€868,095 | +85.1% |
| Amounts payable | 17/49 | €880,175 | €1,468,738 | +€588,563 | +66.9% |
| Amounts payable within one year | 42/48 | €880,175 | €1,468,738 | +€588,563 | +66.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,450 | €1,842 | +€392 | +27.1% |
| Credit institutions | 430/8 | €1,450 | €1,842 | +€392 | +27.1% |
| Trade debts | 44 | €38,927 | €150,442 | +€111,515 | +286% |
| Suppliers | 440/4 | €38,927 | €150,442 | +€111,515 | +286% |
| Taxes, remuneration and social security | 45 | €11,624 | €14,682 | +€3,058 | +26.3% |
| Taxes | 450/3 | €713 | €2,418 | +€1,705 | +239% |
| Remuneration and social security | 454/9 | €10,911 | €12,264 | +€1,353 | +12.4% |
| Other amounts payable | 47/48 | €828,174 | €1,301,772 | +€473,598 | +57.2% |
| Operating income | 70/76A | €981,492 | €1,025,604 | +€44,112 | +4.5% |
| Turnover | 70 | €981,161 | €996,894 | +€15,733 | +1.6% |
| Other operating income | 74 | €331 | €313 | -€18 | -5.6% |
| Non-recurring operating income | 76A | - | €28,398 | +€28,398 | |
| Operating charges | 60/66A | €811,637 | €967,782 | +€156,145 | +19.2% |
| Services and other goods | 61 | €621,929 | €786,731 | +€164,802 | +26.5% |
| Remuneration, social security and pensions | 62 | €69,368 | €71,250 | +€1,882 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,459 | €47,178 | -€14,281 | -23.2% |
| Other operating charges | 640/8 | €58,882 | €62,622 | +€3,740 | +6.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €169,855 | €57,822 | -€112,033 | -66.0% |
| Financial income | 75/76B | €1,282,585 | €2,147,737 | +€865,152 | +67.5% |
| Recurring financial income | 75 | €1,282,585 | €2,147,737 | +€865,152 | +67.5% |
| Income from financial fixed assets | 750 | €1,214,567 | €2,105,019 | +€890,452 | +73.3% |
| Income from current assets | 751 | €37,800 | €37,335 | -€465 | -1.2% |
| Other financial income | 752/9 | €30,218 | €5,383 | -€24,835 | -82.2% |
| Financial charges | 65/66B | €11,670 | €13,900 | +€2,229 | +19.1% |
| Recurring financial charges | 65 | €11,670 | €13,900 | +€2,229 | +19.1% |
| Debt charges | 650 | €69 | €0 | -€69 | -100% |
| Other financial charges | 652/9 | €11,602 | €13,900 | +€2,298 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €1,440,769 | €2,191,660 | +€750,891 | +52.1% |
| Income taxes | 67/77 | €60,179 | €21,793 | -€38,386 | -63.8% |
| Taxes | 670/3 | €60,179 | €22,044 | -€38,135 | -63.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €251 | +€251 | |
| Profit (loss) for the period | 9904 | €1,380,590 | €2,169,867 | +€789,277 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,380,590 | €2,169,867 | +€789,277 | +57.2% |
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 20 October 2026 via checked.be.