DCN Diving Belgium: 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.
DCN Diving Belgium
Largest movements
- Tangible fixed assets +€437,383
up €437,383 (+34.4%), from €1.3m to €1.7m
- Cash -€173,086
down €173,086 (-34.1%), from €508,094 to €335,008
mainly Investment in fixed assets (net) (-€498,909) and Stocks and contracts (-€81,127)
- Stocks and contracts +€81,127
up €81,127 (+146%), from €55,403 to €136,530
- Receivables within one year +€67,038
up €67,038 (+60.5%), from €110,833 to €177,872
of which Trade receivables: +€75,150
- Profit (loss) carried forward +€207,319
up €207,319 (+131%), from €158,685 to €366,004
- Other debts +€158,981
up €158,981 (+9.7%), from €1.6m to €1.8m
- Trade debts +€36,018
up €36,018 (+91.1%), from €39,528 to €75,546
- Tax, wage and social debts +€28,546
up €28,546 (+41.6%), from €68,683 to €97,229
of which Taxes: +€19,170
- Gross operating margin +€501,042
up €501,042 (+326%), from €153,732 to €654,773
- Staff costs +€227,711
up €227,711 (+456%), from €49,959 to €277,670
- Taxes +€67,636
up €67,636 (+861%), from €7,860 to €75,496
- Depreciation +€16,283
up €16,283 (+49.8%), from €32,713 to €48,997
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 | €1,967,751 | €2,399,914 | +€432,163 | +22.0% |
| Fixed assets | 21/28 | €1,277,537 | €1,727,450 | +€449,913 | +35.2% |
| Tangible fixed assets | 22/27 | €1,270,667 | €1,708,050 | +€437,383 | +34.4% |
| Land and buildings | 22 | €1,270,667 | €1,708,050 | +€437,383 | +34.4% |
| Financial fixed assets | 28 | €6,870 | €19,400 | +€12,530 | +182% |
| Current assets | 29/58 | €690,214 | €672,464 | -€17,750 | -2.6% |
| Stocks and contracts in progress | 3 | €55,403 | €136,530 | +€81,127 | +146% |
| Contracts in progress | 37 | €55,403 | €136,530 | +€81,127 | +146% |
| Amounts receivable within one year | 40/41 | €110,833 | €177,872 | +€67,038 | +60.5% |
| Trade receivables | 40 | €102,666 | €177,816 | +€75,150 | +73.2% |
| Other amounts receivable | 41 | €8,168 | €56 | -€8,111 | -99.3% |
| Cash at bank and in hand | 54/58 | €508,094 | €335,008 | -€173,086 | -34.1% |
| Deferred charges and accrued income | 490/1 | €15,884 | €23,055 | +€7,171 | +45.1% |
| Total equity and liabilities | 10/49 | €1,967,751 | €2,399,914 | +€432,163 | +22.0% |
| Equity | 10/15 | €179,088 | €386,407 | +€207,319 | +116% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,853 | €1,853 | = | 0.0% |
| Distributable reserves | 133 | €1,853 | €1,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | €158,685 | €366,004 | +€207,319 | +131% |
| Amounts payable | 17/49 | €1,788,663 | €2,013,507 | +€224,844 | +12.6% |
| Amounts payable within one year | 42/48 | €1,753,686 | €1,977,231 | +€223,545 | +12.7% |
| Trade debts | 44 | €39,528 | €75,546 | +€36,018 | +91.1% |
| Suppliers | 440/4 | €39,528 | €75,546 | +€36,018 | +91.1% |
| Taxes, remuneration and social security | 45 | €68,683 | €97,229 | +€28,546 | +41.6% |
| Taxes | 450/3 | €62,585 | €81,755 | +€19,170 | +30.6% |
| Remuneration and social security | 454/9 | €6,099 | €15,474 | +€9,375 | +154% |
| Other amounts payable | 47/48 | €1,645,475 | €1,804,456 | +€158,981 | +9.7% |
| Accrued charges and deferred income | 492/3 | €34,976 | €36,276 | +€1,299 | +3.7% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €49,959 | €277,670 | +€227,711 | +456% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,713 | €48,997 | +€16,283 | +49.8% |
| Other operating charges | 640/8 | €9,447 | €8,676 | -€771 | -8.2% |
| Gross operating margin | 9900 | €153,732 | €654,773 | +€501,042 | +326% |
| Operating profit (loss) | 9901 | €61,612 | €319,431 | +€257,819 | +418% |
| Financial income | 75/76B | €710 | €0 | -€710 | -100% |
| Recurring financial income | 75 | €710 | €0 | -€710 | -100% |
| Financial charges | 65/66B | €34,175 | €36,616 | +€2,441 | +7.1% |
| Recurring financial charges | 65 | €34,175 | €36,616 | +€2,441 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €28,148 | €282,815 | +€254,667 | +905% |
| Income taxes | 67/77 | €7,860 | €75,496 | +€67,636 | +861% |
| Profit (loss) for the period | 9904 | €20,288 | €207,319 | +€187,031 | +922% |
| Profit (loss) for the period to be appropriated | 9905 | €20,288 | €207,319 | +€187,031 | +922% |
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 31 October 2026 via checked.be.