DCM Seagull: 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 Seagull
Largest movements
- Cash -€396,128
down €396,128 (-87.9%), from €450,513 to €54,386
mainly Receivables within one year (-€290,827) and Other debts (-€266,804)
- Receivables within one year +€290,827
up €290,827 (+266.4%), from €109,173 to €400,000
of which Other amounts receivable: +€382,702
- Current investments +€139,501
up €139,501 (+97.4%), from €143,258 to €282,760
- Reserves +€287,329
up €287,329 (+77.2%), from €372,149 to €659,478
of which Distributable reserves: +€287,329
- Other debts -€266,804
down €266,804 (-99.6%), from €267,845 to €1,041
- Tax, wage and social debts +€14,179
up €14,179 (+34.6%), from €41,002 to €55,181
- Gross operating margin +€60,371
up €60,371 (+16.8%), from €358,586 to €418,957
- Taxes +€45,090
up €45,090 (+50.6%), from €89,152 to €134,241
- Financial income +€4,380
new in 2022: €4,380
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €702,944 | €739,151 | +€36,206 | +5.2% |
| Current assets | 29/58 | €702,944 | €739,151 | +€36,206 | +5.2% |
| Amounts receivable within one year | 40/41 | €109,173 | €400,000 | +€290,827 | +266.4% |
| Trade receivables | 40 | €91,875 | €0 | -€91,875 | -100.0% |
| Other amounts receivable | 41 | €17,298 | €400,000 | +€382,702 | +2212.4% |
| Current investments | 50/53 | €143,258 | €282,760 | +€139,501 | +97.4% |
| Cash at bank and in hand | 54/58 | €450,513 | €54,386 | -€396,128 | -87.9% |
| Deferred charges and accrued income | 490/1 | - | €2,005 | +€2,005 | |
| Total equity and liabilities | 10/49 | €702,944 | €739,151 | +€36,206 | +5.2% |
| Equity | 10/15 | €390,699 | €678,028 | +€287,329 | +73.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €372,149 | €659,478 | +€287,329 | +77.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €372,149 | €659,478 | +€287,329 | +77.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €312,246 | €61,122 | -€251,123 | -80.4% |
| Amounts payable within one year | 42/48 | €310,746 | €59,622 | -€251,123 | -80.8% |
| Trade debts | 44 | €1,899 | €3,400 | +€1,501 | +79.1% |
| Suppliers | 440/4 | €1,899 | €3,400 | +€1,501 | +79.1% |
| Taxes, remuneration and social security | 45 | €41,002 | €55,181 | +€14,179 | +34.6% |
| Taxes | 450/3 | €41,002 | €55,181 | +€14,179 | +34.6% |
| Other amounts payable | 47/48 | €267,845 | €1,041 | -€266,804 | -99.6% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Other operating charges | 640/8 | €691 | €628 | -€64 | -9.2% |
| Gross operating margin | 9900 | €358,586 | €418,957 | +€60,371 | +16.8% |
| Operating profit (loss) | 9901 | €357,894 | €418,329 | +€60,435 | +16.9% |
| Financial income | 75/76B | - | €4,380 | +€4,380 | |
| Recurring financial income | 75 | - | €4,380 | +€4,380 | |
| Financial charges | 65/66B | €1,230 | €1,138 | -€91 | -7.4% |
| Recurring financial charges | 65 | €1,230 | €1,138 | -€91 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €356,665 | €421,571 | +€64,906 | +18.2% |
| Income taxes | 67/77 | €89,152 | €134,241 | +€45,090 | +50.6% |
| Profit (loss) for the period | 9904 | €267,513 | €287,329 | +€19,816 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €267,513 | €287,329 | +€19,816 | +7.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.