DCM MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year +€121,481
up €121,481 (+19.7%), from €616,204 to €737,685
of which Other amounts receivable: +€120,663
- Tangible fixed assets -€26,825
down €26,825 (-26.4%), from €101,700 to €74,875
of which Furniture and vehicles: -€24,120
- Profit (loss) carried forward +€98,484
up €98,484 (+79.8%), from €123,388 to €221,872
- Debts after one year -€19,386
down €19,386 (-28.6%), from €67,848 to €48,462
- Other debts +€17,835
up €17,835 (+4.2%), from €423,504 to €441,339
- Tax, wage and social debts +€10,838
up €10,838 (+73.9%), from €14,666 to €25,504
- Current portion of long-term debt -€10,517
down €10,517 (-14.7%), from €71,659 to €61,143
- Gross operating margin +€35,238
up €35,238 (+11.7%), from €300,757 to €335,996
- Depreciation +€14,602
up €14,602 (+112%), from €13,051 to €27,653
- Taxes +€5,998
up €5,998 (+8.4%), from €71,753 to €77,751
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 | €724,841 | €819,362 | +€94,521 | +13.0% |
| Fixed assets | 21/28 | €101,700 | €74,875 | -€26,825 | -26.4% |
| Tangible fixed assets | 22/27 | €101,700 | €74,875 | -€26,825 | -26.4% |
| Furniture and vehicles | 24 | €92,523 | €68,403 | -€24,120 | -26.1% |
| Other tangible fixed assets | 26 | €9,177 | €6,472 | -€2,706 | -29.5% |
| Current assets | 29/58 | €623,140 | €744,487 | +€121,346 | +19.5% |
| Amounts receivable within one year | 40/41 | €616,204 | €737,685 | +€121,481 | +19.7% |
| Trade receivables | 40 | - | €818 | +€818 | |
| Other amounts receivable | 41 | €616,204 | €736,867 | +€120,663 | +19.6% |
| Cash at bank and in hand | 54/58 | €6,937 | €6,802 | -€135 | -1.9% |
| Total equity and liabilities | 10/49 | €724,841 | €819,362 | +€94,521 | +13.0% |
| Equity | 10/15 | €143,793 | €242,277 | +€98,484 | +68.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,388 | €221,872 | +€98,484 | +79.8% |
| Amounts payable | 17/49 | €581,047 | €577,084 | -€3,963 | -0.7% |
| Amounts payable after more than one year | 17 | €67,848 | €48,462 | -€19,386 | -28.6% |
| Financial debts | 170/4 | €67,848 | €48,462 | -€19,386 | -28.6% |
| Amounts payable within one year | 42/48 | €513,199 | €528,622 | +€15,423 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €71,659 | €61,143 | -€10,517 | -14.7% |
| Trade debts | 44 | €3,369 | €636 | -€2,733 | -81.1% |
| Suppliers | 440/4 | €3,369 | €636 | -€2,733 | -81.1% |
| Taxes, remuneration and social security | 45 | €14,666 | €25,504 | +€10,838 | +73.9% |
| Taxes | 450/3 | €14,666 | €25,504 | +€10,838 | +73.9% |
| Other amounts payable | 47/48 | €423,504 | €441,339 | +€17,835 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,051 | €27,653 | +€14,602 | +112% |
| Other operating charges | 640/8 | €2,546 | €2,487 | -€59 | -2.3% |
| Gross operating margin | 9900 | €300,757 | €335,996 | +€35,238 | +11.7% |
| Operating profit (loss) | 9901 | €285,160 | €305,855 | +€20,696 | +7.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €4,380 | €4,621 | +€241 | +5.5% |
| Recurring financial charges | 65 | €4,380 | €4,621 | +€241 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €280,780 | €301,235 | +€20,455 | +7.3% |
| Income taxes | 67/77 | €71,753 | €77,751 | +€5,998 | +8.4% |
| Profit (loss) for the period | 9904 | €209,027 | €223,484 | +€14,457 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €209,027 | €223,484 | +€14,457 | +6.9% |
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 28 October 2026 via checked.be.