DCNB: 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.
DCNB
Largest movements
- Receivables within one year +€31,506
up €31,506 (+83.4%), from €37,757 to €69,263
of which Trade receivables: +€21,452
- Reserves +€116,774
up €116,774 (+222.7%), from €52,446 to €169,221
- Trade debts -€81,937
down €81,937 (-95.8%), from €85,552 to €3,614
- Tax, wage and social debts +€13,323
up €13,323, from €0 to €13,323
- Debts after one year -€11,209
down €11,209 (-25.8%), from €43,472 to €32,263
- Other debts -€3,747
down €3,747 (-100.0%), from €3,747 to €0
- Gross operating margin +€105,909
up €105,909 (+157.8%), from €67,104 to €173,013
- Taxes +€21,480
up €21,480 (+184.3%), from €11,655 to €33,135
- Depreciation +€12,869
up €12,869 (+164.6%), from €7,818 to €20,688
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 | €202,188 | €234,630 | +€32,442 | +16.0% |
| Fixed assets | 21/28 | €84,912 | €86,548 | +€1,636 | +1.9% |
| Tangible fixed assets | 22/27 | €84,912 | €86,548 | +€1,636 | +1.9% |
| Plant, machinery and equipment | 23 | €16,971 | €21,574 | +€4,603 | +27.1% |
| Furniture and vehicles | 24 | €67,941 | €64,974 | -€2,967 | -4.4% |
| Current assets | 29/58 | €117,276 | €148,082 | +€30,807 | +26.3% |
| Amounts receivable within one year | 40/41 | €37,757 | €69,263 | +€31,506 | +83.4% |
| Trade receivables | 40 | €12,930 | €34,382 | +€21,452 | +165.9% |
| Other amounts receivable | 41 | €24,827 | €34,881 | +€10,054 | +40.5% |
| Cash at bank and in hand | 54/58 | €77,896 | €76,717 | -€1,179 | -1.5% |
| Deferred charges and accrued income | 490/1 | €1,623 | €2,103 | +€479 | +29.5% |
| Total equity and liabilities | 10/49 | €202,188 | €234,630 | +€32,442 | +16.0% |
| Equity | 10/15 | €57,446 | €174,221 | +€116,774 | +203.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €52,446 | €169,221 | +€116,774 | +222.7% |
| Distributable reserves | 133 | €52,446 | €169,221 | +€116,774 | +222.7% |
| Amounts payable | 17/49 | €144,742 | €60,410 | -€84,332 | -58.3% |
| Amounts payable after more than one year | 17 | €43,472 | €32,263 | -€11,209 | -25.8% |
| Financial debts | 170/4 | €43,472 | €32,263 | -€11,209 | -25.8% |
| Amounts payable within one year | 42/48 | €101,269 | €28,146 | -€73,123 | -72.2% |
| Current portion of amounts payable after more than one year | 42 | €10,754 | €11,209 | +€455 | +4.2% |
| Trade debts | 44 | €85,552 | €3,614 | -€81,937 | -95.8% |
| Suppliers | 440/4 | €85,552 | €3,614 | -€81,937 | -95.8% |
| Advances received on contracts in progress | 46 | €1,217 | €0 | -€1,217 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | €13,323 | +€13,323 | |
| Taxes | 450/3 | €0 | €13,323 | +€13,323 | |
| Other amounts payable | 47/48 | €3,747 | €0 | -€3,747 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,818 | €20,688 | +€12,869 | +164.6% |
| Other operating charges | 640/8 | €1,872 | €860 | -€1,012 | -54.0% |
| Gross operating margin | 9900 | €67,104 | €173,013 | +€105,909 | +157.8% |
| Operating profit (loss) | 9901 | €57,414 | €151,465 | +€94,051 | +163.8% |
| Financial income | 75/76B | €11 | €576 | +€564 | +5011.9% |
| Recurring financial income | 75 | €11 | €576 | +€564 | +5011.9% |
| Financial charges | 65/66B | €1,077 | €2,132 | +€1,055 | +98.0% |
| Recurring financial charges | 65 | €1,077 | €2,132 | +€1,055 | +98.0% |
| Profit (loss) for the period before taxes | 9903 | €56,349 | €149,909 | +€93,560 | +166.0% |
| Income taxes | 67/77 | €11,655 | €33,135 | +€21,480 | +184.3% |
| Profit (loss) for the period | 9904 | €44,694 | €116,774 | +€72,080 | +161.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,694 | €116,774 | +€72,080 | +161.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.