DCP: 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.
What changed
DCP
NACE 18.120, Other printing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€14,133
2024 · -€1.0m+€1.0m
Equity
€1.8m
2024 · €1.8m-€14,133
Cash
€190,384
2024 · €136,055+€54,329
Balance sheet total
€11.5m
2024 · €12.8m-€1.3m
Largest movements
Assets
- Tangible fixed assets -€632,868
down €632,868 (-12.9%), from €4.9m to €4.3m
of which Leasing and similar rights: -€340,110
- Receivables within one year -€514,886
down €514,886 (-10.3%), from €5.0m to €4.5m
of which Trade receivables: -€515,413
- Stocks and contracts -€228,913
down €228,913 (-8.6%), from €2.7m to €2.4m
Equity and liabilities
- Debts after one year -€753,417
down €753,417 (-19.5%), from €3.9m to €3.1m
- Short-term financial debts -€394,765
down €394,765 (-8.7%), from €4.5m to €4.1m
- Trade debts -€259,717
down €259,717 (-24.6%), from €1.1m to €797,404
Income statement
- Services and other goods -€917,868
down €917,868 (-25.8%), from €3.6m to €2.6m
- Other operating income +€154,740
up €154,740 (+29.8%), from €518,494 to €673,234
- Turnover +€139,507
up €139,507 (+1.0%), from €13.4m to €13.5m
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.
Result 2024
-€1.0m
Turnover
+€139,507
Other operating income
+€154,740
Goods and materials
+€123,974
Services and other goods
+€917,868
Staff costs
-€129,574
Depreciation
+€1,318
Write-downs
-€86,231
Provisions
-€45,000
Other operating charges
+€79,379
Other operating items
-€186,998
Financial income
+€35,024
Financial charges
+€29,049
Taxes
+€66
Result 2025
-€14,133
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.
From operations
+€1.5m
Investment
-€243,111
Financing
-€1.2m
Cash 2024
€136,055
From operations (derived)
+€1.5m
Net result for the year
-€14,133
Depreciation
+€836,497
Stocks and contracts
+€228,913
Receivables within one year
+€514,886
Deferred charges and accrued income
+€18,890
Provisions
+€45,000
Trade debts
-€259,717
Tax, wage and social debts
+€108,769
Accrued charges and deferred income
+€2,107
Investment (derived)
-€243,111
Investment in fixed assets (net)
-€198,111
Current investments
-€45,000
Financing
-€1.2m
Debts after one year
-€753,417
Current portion of long-term debt
-€35,591
Short-term financial debts
-€394,765
Cash 2025
€190,384
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,765,137 | €11,463,391 | -€1.3m | -10.2% |
| Fixed assets | 21/28 | €4,908,064 | €4,269,678 | -€638,386 | -13.0% |
| Intangible fixed assets | 21 | €10,038 | €4,520 | -€5,518 | -55.0% |
| Tangible fixed assets | 22/27 | €4,898,007 | €4,265,140 | -€632,868 | -12.9% |
| Land and buildings | 22 | €2,288,005 | €2,110,863 | -€177,143 | -7.7% |
| Plant, machinery and equipment | 23 | €802,123 | €714,885 | -€87,237 | -10.9% |
| Furniture and vehicles | 24 | €124,998 | €96,621 | -€28,377 | -22.7% |
| Leasing and similar rights | 25 | €1,682,881 | €1,342,771 | -€340,110 | -20.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Other financial fixed assets | 284/8 | €19 | €19 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €7,857,073 | €7,193,713 | -€663,360 | -8.4% |
| Stocks and contracts in progress | 3 | €2,660,189 | €2,431,276 | -€228,913 | -8.6% |
| Stocks | 30/36 | €2,660,189 | €2,431,276 | -€228,913 | -8.6% |
| Raw materials and consumables | 30/31 | €1,069,104 | €997,472 | -€71,632 | -6.7% |
| Work in progress | 32 | €213,404 | €200,872 | -€12,531 | -5.9% |
| Finished goods | 33 | €1,376,984 | €1,232,846 | -€144,138 | -10.5% |
| Goods purchased for resale | 34 | €698 | €86 | -€612 | -87.7% |
| Amounts receivable within one year | 40/41 | €5,014,880 | €4,499,994 | -€514,886 | -10.3% |
| Trade receivables | 40 | €2,664,502 | €2,149,089 | -€515,413 | -19.3% |
| Other amounts receivable | 41 | €2,350,379 | €2,350,905 | +€527 | 0.0% |
| Current investments | 50/53 | - | €45,000 | +€45,000 | |
| Other investments | 51/53 | - | €45,000 | +€45,000 | |
| Cash at bank and in hand | 54/58 | €136,055 | €190,384 | +€54,329 | +39.9% |
| Deferred charges and accrued income | 490/1 | €45,949 | €27,059 | -€18,890 | -41.1% |
| Total equity and liabilities | 10/49 | €12,765,137 | €11,463,391 | -€1.3m | -10.2% |
| Equity | 10/15 | €1,786,383 | €1,772,250 | -€14,133 | -0.8% |
| Contributions | 10/11 | €2,011,915 | €2,011,915 | = | 0.0% |
| Capital | 10 | €2,011,915 | €2,011,915 | = | 0.0% |
| Issued capital | 100 | €2,011,915 | €2,011,915 | = | 0.0% |
| Revaluation surpluses | 12 | €37,178 | €37,178 | = | 0.0% |
| Reserves | 13 | €959,779 | €959,779 | = | 0.0% |
| Non-distributable reserves | 130/1 | €201,192 | €201,192 | = | 0.0% |
| Legal reserve | 130 | €201,192 | €201,192 | = | 0.0% |
| Distributable reserves | 133 | €758,587 | €758,587 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,222,489 | -€1,236,622 | -€14,133 | -1.2% |
| Provisions and deferred taxes | 16 | - | €45,000 | +€45,000 | |
| Provisions for liabilities and charges | 160/5 | - | €45,000 | +€45,000 | |
| Other liabilities and charges | 164/5 | - | €45,000 | +€45,000 | |
| Amounts payable | 17/49 | €10,978,754 | €9,646,141 | -€1.3m | -12.1% |
| Amounts payable after more than one year | 17 | €3,867,967 | €3,114,550 | -€753,417 | -19.5% |
| Financial debts | 170/4 | €3,867,967 | €3,114,550 | -€753,417 | -19.5% |
| Leasing and similar obligations | 172 | €1,208,592 | €884,779 | -€323,812 | -26.8% |
| Credit institutions | 173 | €2,659,376 | €2,229,771 | -€429,604 | -16.2% |
| Amounts payable within one year | 42/48 | €7,083,449 | €6,502,146 | -€581,304 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €791,488 | €755,897 | -€35,591 | -4.5% |
| Financial debts | 43 | €4,512,802 | €4,118,037 | -€394,765 | -8.7% |
| Credit institutions | 430/8 | €4,512,802 | €4,118,037 | -€394,765 | -8.7% |
| Trade debts | 44 | €1,057,121 | €797,404 | -€259,717 | -24.6% |
| Suppliers | 440/4 | €1,057,121 | €797,404 | -€259,717 | -24.6% |
| Taxes, remuneration and social security | 45 | €721,451 | €830,220 | +€108,769 | +15.1% |
| Taxes | 450/3 | €233,436 | €291,015 | +€57,579 | +24.7% |
| Remuneration and social security | 454/9 | €488,015 | €539,204 | +€51,190 | +10.5% |
| Other amounts payable | 47/48 | €589 | €589 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €27,338 | €29,445 | +€2,107 | +7.7% |
| Operating income | 70/76A | €14,066,945 | €14,021,403 | -€45,543 | -0.3% |
| Turnover | 70 | €13,365,331 | €13,504,838 | +€139,507 | +1.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €178,596 | -€156,669 | -€335,265 | |
| Other operating income | 74 | €518,494 | €673,234 | +€154,740 | +29.8% |
| Non-recurring operating income | 76A | €4,525 | €0 | -€4,525 | -100.0% |
| Operating charges | 60/66A | €14,949,557 | €13,935,031 | -€1.0m | -6.8% |
| Goods for resale, raw materials and consumables | 60 | €6,614,118 | €6,490,144 | -€123,974 | -1.9% |
| Purchases | 600/8 | €6,554,413 | €6,417,900 | -€136,513 | -2.1% |
| Change in stocks: decrease (increase) | 609 | €59,705 | €72,244 | +€12,539 | +21.0% |
| Services and other goods | 61 | €3,564,526 | €2,646,657 | -€917,868 | -25.8% |
| Remuneration, social security and pensions | 62 | €3,731,952 | €3,861,526 | +€129,574 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €837,815 | €836,497 | -€1,318 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€86,231 | €0 | +€86,231 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €45,000 | +€45,000 | |
| Other operating charges | 640/8 | €114,786 | €35,407 | -€79,379 | -69.2% |
| Non-recurring operating charges | 66A | €172,592 | €19,800 | -€152,792 | -88.5% |
| Operating profit (loss) | 9901 | -€882,612 | €86,372 | +€968,983 | |
| Financial income | 75/76B | €117,323 | €152,346 | +€35,024 | +29.9% |
| Recurring financial income | 75 | €117,323 | €152,346 | +€35,024 | +29.9% |
| Income from financial fixed assets | 750 | €0 | €315 | +€315 | |
| Income from current assets | 751 | €77,657 | €99,403 | +€21,746 | +28.0% |
| Other financial income | 752/9 | €39,666 | €52,629 | +€12,964 | +32.7% |
| Financial charges | 65/66B | €280,817 | €251,768 | -€29,049 | -10.3% |
| Recurring financial charges | 65 | €280,817 | €251,768 | -€29,049 | -10.3% |
| Debt charges | 650 | €269,026 | €241,984 | -€27,042 | -10.1% |
| Other financial charges | 652/9 | €11,791 | €9,784 | -€2,007 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,046,106 | -€13,050 | +€1.0m | +98.8% |
| Income taxes | 67/77 | €1,149 | €1,083 | -€66 | -5.8% |
| Taxes | 670/3 | €1,149 | €1,083 | -€66 | -5.8% |
| Profit (loss) for the period | 9904 | -€1,047,255 | -€14,133 | +€1.0m | +98.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,047,255 | -€14,133 | +€1.0m | +98.7% |
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 8 October 2026 via checked.be.