DCM: 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.
DCM
Largest movements
- Tangible fixed assets +€41,718
new in 2025: €41,718
- Receivables within one year -€33,884
down €33,884 (-28.6%), from €118,406 to €84,521
of which Other amounts receivable: -€34,185
- Cash -€7,872
down €7,872 (-18.7%), from €42,133 to €34,261
mainly Investment in fixed assets (net) (-€44,419) and Tax, wage and social debts (-€9,039)
- Tax, wage and social debts -€9,039
down €9,039 (-56.3%), from €16,050 to €7,011
of which Remuneration and social security: -€10,749
- Reserves +€9,000
up €9,000 (+7.1%), from €125,889 to €134,889
of which Non-distributable reserves: +€9,000
- Depreciation +€2,702
new in 2025: €2,702
- Taxes +€973
up €973 (+657%), from €148 to €1,121
- Gross operating margin -€526
down €526 (-3.4%), from €15,336 to €14,810
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 | €160,539 | €160,500 | -€39 | 0.0% |
| Fixed assets | 21/28 | - | €41,718 | +€41,718 | |
| Tangible fixed assets | 22/27 | - | €41,718 | +€41,718 | |
| Furniture and vehicles | 24 | - | €41,718 | +€41,718 | |
| Current assets | 29/58 | €160,539 | €118,783 | -€41,757 | -26.0% |
| Amounts receivable within one year | 40/41 | €118,406 | €84,521 | -€33,884 | -28.6% |
| Trade receivables | 40 | €80,445 | €80,746 | +€301 | +0.4% |
| Other amounts receivable | 41 | €37,961 | €3,776 | -€34,185 | -90.1% |
| Cash at bank and in hand | 54/58 | €42,133 | €34,261 | -€7,872 | -18.7% |
| Total equity and liabilities | 10/49 | €160,539 | €160,500 | -€39 | 0.0% |
| Equity | 10/15 | €144,489 | €153,489 | +€9,000 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €125,889 | €134,889 | +€9,000 | +7.1% |
| Non-distributable reserves | 130/1 | - | €9,000 | +€9,000 | |
| Other | 1319 | - | €9,000 | +€9,000 | |
| Distributable reserves | 133 | €125,889 | €125,889 | = | 0.0% |
| Amounts payable | 17/49 | €16,050 | €7,011 | -€9,039 | -56.3% |
| Amounts payable within one year | 42/48 | €16,050 | €7,011 | -€9,039 | -56.3% |
| Taxes, remuneration and social security | 45 | €16,050 | €7,011 | -€9,039 | -56.3% |
| Taxes | 450/3 | €1,050 | €2,760 | +€1,709 | +163% |
| Remuneration and social security | 454/9 | €15,000 | €4,251 | -€10,749 | -71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,702 | +€2,702 | |
| Other operating charges | 640/8 | €529 | €471 | -€58 | -11.0% |
| Gross operating margin | 9900 | €15,336 | €14,810 | -€526 | -3.4% |
| Operating profit (loss) | 9901 | €14,806 | €11,637 | -€3,169 | -21.4% |
| Financial income | 75/76B | €113 | €240 | +€127 | +113% |
| Recurring financial income | 75 | €113 | €240 | +€127 | +113% |
| Financial charges | 65/66B | €27 | €54 | +€27 | +99.7% |
| Recurring financial charges | 65 | €27 | €54 | +€27 | +99.7% |
| Profit (loss) for the period before taxes | 9903 | €14,892 | €11,823 | -€3,069 | -20.6% |
| Income taxes | 67/77 | €148 | €1,121 | +€973 | +657% |
| Profit (loss) for the period | 9904 | €14,744 | €10,702 | -€4,042 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,744 | €10,702 | -€4,042 | -27.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.