DCM 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.
DCM Projects
Largest movements
- Tangible fixed assets +€611,854
up €611,854 (+58.8%), from €1.0m to €1.7m
of which Land and buildings: +€654,206
- Debts after one year +€468,769
up €468,769 (+73.1%), from €641,078 to €1.1m
of which Financial debts: +€468,769
- Other debts +€180,470
up €180,470 (+151.8%), from €118,888 to €299,358
- Trade debts -€41,286
down €41,286 (-91.3%), from €45,209 to €3,923
- Other operating charges -€24,768
down €24,768 (-82.4%), from €30,050 to €5,282
- Gross operating margin +€10,220
up €10,220 (+10.0%), from €102,635 to €112,855
- Financial charges +€4,817
up €4,817 (+34.5%), from €13,948 to €18,765
- Depreciation +€2,080
up €2,080 (+2.3%), from €91,597 to €93,676
- Financial income -€1,586
no longer reported in 2025 (was €1,586)
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 | €1,197,345 | €1,801,584 | +€604,238 | +50.5% |
| Fixed assets | 21/28 | €1,040,551 | €1,652,405 | +€611,854 | +58.8% |
| Tangible fixed assets | 22/27 | €1,040,551 | €1,652,405 | +€611,854 | +58.8% |
| Land and buildings | 22 | €926,992 | €1,581,198 | +€654,206 | +70.6% |
| Plant, machinery and equipment | 23 | €21,341 | €15,096 | -€6,246 | -29.3% |
| Furniture and vehicles | 24 | €92,218 | €56,111 | -€36,106 | -39.2% |
| Current assets | 29/58 | €156,794 | €149,179 | -€7,615 | -4.9% |
| Amounts receivable within one year | 40/41 | €125,023 | €130,225 | +€5,202 | +4.2% |
| Trade receivables | 40 | €90,340 | €69,755 | -€20,585 | -22.8% |
| Other amounts receivable | 41 | €34,683 | €60,470 | +€25,787 | +74.4% |
| Cash at bank and in hand | 54/58 | €31,772 | €18,954 | -€12,818 | -40.3% |
| Total equity and liabilities | 10/49 | €1,197,345 | €1,801,584 | +€604,238 | +50.5% |
| Equity | 10/15 | €309,135 | €304,268 | -€4,867 | -1.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €299,135 | €294,268 | -€4,867 | -1.6% |
| Amounts payable | 17/49 | €888,210 | €1,497,316 | +€609,106 | +68.6% |
| Amounts payable after more than one year | 17 | €641,078 | €1,109,847 | +€468,769 | +73.1% |
| Financial debts | 170/4 | €640,198 | €1,108,967 | +€468,769 | +73.2% |
| Other amounts payable | 178/9 | €880 | €880 | = | 0.0% |
| Amounts payable within one year | 42/48 | €247,132 | €387,469 | +€140,337 | +56.8% |
| Financial debts | 43 | €60,903 | €75,329 | +€14,427 | +23.7% |
| Credit institutions | 430/8 | €60,903 | €75,329 | +€14,427 | +23.7% |
| Trade debts | 44 | €45,209 | €3,923 | -€41,286 | -91.3% |
| Suppliers | 440/4 | €45,209 | €3,923 | -€41,286 | -91.3% |
| Taxes, remuneration and social security | 45 | €22,133 | €8,859 | -€13,274 | -60.0% |
| Taxes | 450/3 | €22,133 | €8,859 | -€13,274 | -60.0% |
| Other amounts payable | 47/48 | €118,888 | €299,358 | +€180,470 | +151.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,597 | €93,676 | +€2,080 | +2.3% |
| Other operating charges | 640/8 | €30,050 | €5,282 | -€24,768 | -82.4% |
| Gross operating margin | 9900 | €102,635 | €112,855 | +€10,220 | +10.0% |
| Operating profit (loss) | 9901 | -€19,012 | €13,896 | +€32,908 | |
| Financial income | 75/76B | €1,586 | - | -€1,586 | |
| Recurring financial income | 75 | €1,586 | - | -€1,586 | |
| Financial charges | 65/66B | €13,948 | €18,765 | +€4,817 | +34.5% |
| Recurring financial charges | 65 | €13,948 | €18,765 | +€4,817 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | -€31,373 | -€4,869 | +€26,504 | +84.5% |
| Income taxes | 67/77 | -€8 | -€2 | +€6 | +74.7% |
| Profit (loss) for the period | 9904 | -€31,365 | -€4,867 | +€26,498 | +84.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,365 | -€4,867 | +€26,498 | +84.5% |
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 7 October 2026 via checked.be.