Dcon: 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.
Dcon
Largest movements
- Tangible fixed assets -€18,885
down €18,885 (-19.7%), from €96,069 to €77,184
of which Leasing and similar rights: -€23,379
- Current investments +€11,707
up €11,707 (+14.6%), from €80,385 to €92,092
- Receivables within one year +€2,439
up €2,439 (+10.2%), from €23,812 to €26,251
of which Trade receivables: +€1,548
- Debts after one year -€27,037
down €27,037 (-40.4%), from €66,961 to €39,923
- Reserves +€19,005
up €19,005 (+23.2%), from €81,774 to €100,778
of which Distributable reserves: +€19,005
- Current portion of long-term debt +€4,378
up €4,378 (+20.1%), from €21,794 to €26,171
- Other debts -€3,603
down €3,603 (-78.4%), from €4,594 to €991
- Financial charges -€45,621
down €45,621 (-93.6%), from €48,744 to €3,123
- Gross operating margin -€15,385
down €15,385 (-16.7%), from €92,078 to €76,693
- Other operating charges +€12,817
up €12,817 (+285%), from €4,501 to €17,319
- Taxes +€8,577
up €8,577 (+550%), from €1,558 to €10,135
- Financial income +€7,119
up €7,119 (+23,872%), from €30 to €7,149
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 | €203,549 | €198,971 | -€4,578 | -2.2% |
| Fixed assets | 21/28 | €96,069 | €77,184 | -€18,885 | -19.7% |
| Tangible fixed assets | 22/27 | €96,069 | €77,184 | -€18,885 | -19.7% |
| Plant, machinery and equipment | 23 | €3,409 | €3,293 | -€116 | -3.4% |
| Furniture and vehicles | 24 | €310 | €0 | -€310 | -100% |
| Leasing and similar rights | 25 | €61,486 | €38,107 | -€23,379 | -38.0% |
| Other tangible fixed assets | 26 | €30,864 | €35,784 | +€4,920 | +15.9% |
| Current assets | 29/58 | €107,480 | €121,787 | +€14,307 | +13.3% |
| Amounts receivable within one year | 40/41 | €23,812 | €26,251 | +€2,439 | +10.2% |
| Trade receivables | 40 | €20,664 | €22,212 | +€1,548 | +7.5% |
| Other amounts receivable | 41 | €3,149 | €4,040 | +€891 | +28.3% |
| Current investments | 50/53 | €80,385 | €92,092 | +€11,707 | +14.6% |
| Cash at bank and in hand | 54/58 | €1,795 | €1,932 | +€136 | +7.6% |
| Deferred charges and accrued income | 490/1 | €1,487 | €1,512 | +€25 | +1.7% |
| Total equity and liabilities | 10/49 | €203,549 | €198,971 | -€4,578 | -2.2% |
| Equity | 10/15 | €100,004 | €119,378 | +€19,374 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,774 | €100,778 | +€19,005 | +23.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €81,774 | €100,778 | +€19,005 | +23.2% |
| Profit (loss) carried forward | 14 | -€370 | €0 | +€370 | |
| Amounts payable | 17/49 | €103,545 | €79,593 | -€23,952 | -23.1% |
| Amounts payable after more than one year | 17 | €66,961 | €39,923 | -€27,037 | -40.4% |
| Financial debts | 170/4 | €66,961 | €39,923 | -€27,037 | -40.4% |
| Amounts payable within one year | 42/48 | €36,408 | €39,485 | +€3,077 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €21,794 | €26,171 | +€4,378 | +20.1% |
| Trade debts | 44 | €3,400 | €3,893 | +€493 | +14.5% |
| Suppliers | 440/4 | €3,400 | €3,893 | +€493 | +14.5% |
| Taxes, remuneration and social security | 45 | €6,621 | €8,429 | +€1,809 | +27.3% |
| Taxes | 450/3 | €6,621 | €8,429 | +€1,809 | +27.3% |
| Other amounts payable | 47/48 | €4,594 | €991 | -€3,603 | -78.4% |
| Accrued charges and deferred income | 492/3 | €176 | €184 | +€8 | +4.7% |
| Remuneration, social security and pensions | 62 | €1,848 | - | -€1,848 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,770 | €33,890 | +€3,120 | +10.1% |
| Other operating charges | 640/8 | €4,501 | €17,319 | +€12,817 | +285% |
| Non-recurring operating charges | 66A | €5,056 | €0 | -€5,056 | -100% |
| Gross operating margin | 9900 | €92,078 | €76,693 | -€15,385 | -16.7% |
| Operating profit (loss) | 9901 | €49,903 | €25,484 | -€24,419 | -48.9% |
| Financial income | 75/76B | €30 | €7,149 | +€7,119 | +23,872% |
| Recurring financial income | 75 | €30 | €7,149 | +€7,119 | +23,872% |
| Financial charges | 65/66B | €48,744 | €3,123 | -€45,621 | -93.6% |
| Recurring financial charges | 65 | €48,744 | €3,123 | -€45,621 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €1,188 | €29,509 | +€28,321 | +2,383% |
| Income taxes | 67/77 | €1,558 | €10,135 | +€8,577 | +550% |
| Profit (loss) for the period | 9904 | -€370 | €19,374 | +€19,744 | |
| Profit (loss) for the period to be appropriated | 9905 | -€370 | €19,374 | +€19,744 |
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 17 October 2026 via checked.be.