DCPAC: 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.
DCPAC
Largest movements
- Cash +€60,417
up €60,417 (+68.5%), from €88,253 to €148,670
mainly Net result for the year (+€46,855) and Depreciation (+€17,817)
- Tangible fixed assets -€17,817
down €17,817 (-75.2%), from €23,703 to €5,886
- Receivables within one year -€13,701
down €13,701 (-53.8%), from €25,483 to €11,781
of which Trade receivables: -€13,721
- Reserves +€46,022
up €46,022 (+43.7%), from €105,269 to €151,292
- Current portion of long-term debt -€14,932
down €14,932 (-100.0%), from €14,932 to €0
- Tax, wage and social debts -€5,023
down €5,023 (-52.8%), from €9,511 to €4,488
- Other debts +€2,741
up €2,741 (+53.7%), from €5,108 to €7,849
- Gross operating margin -€15,879
down €15,879 (-15.2%), from €104,377 to €88,498
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 | €137,820 | €166,744 | +€28,924 | +21.0% |
| Fixed assets | 21/28 | €23,703 | €5,886 | -€17,817 | -75.2% |
| Tangible fixed assets | 22/27 | €23,703 | €5,886 | -€17,817 | -75.2% |
| Furniture and vehicles | 24 | €23,703 | €5,886 | -€17,817 | -75.2% |
| Current assets | 29/58 | €114,117 | €160,858 | +€46,740 | +41.0% |
| Amounts receivable within one year | 40/41 | €25,483 | €11,781 | -€13,701 | -53.8% |
| Trade receivables | 40 | €25,483 | €11,761 | -€13,721 | -53.8% |
| Other amounts receivable | 41 | €0 | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €88,253 | €148,670 | +€60,417 | +68.5% |
| Deferred charges and accrued income | 490/1 | €382 | €407 | +€25 | +6.5% |
| Total equity and liabilities | 10/49 | €137,820 | €166,744 | +€28,924 | +21.0% |
| Equity | 10/15 | €108,269 | €154,292 | +€46,022 | +42.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €105,269 | €151,292 | +€46,022 | +43.7% |
| Distributable reserves | 133 | €105,269 | €151,292 | +€46,022 | +43.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,551 | €12,452 | -€17,099 | -57.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €29,551 | €12,452 | -€17,099 | -57.9% |
| Current portion of amounts payable after more than one year | 42 | €14,932 | €0 | -€14,932 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | - | €115 | +€115 | |
| Suppliers | 440/4 | - | €115 | +€115 | |
| Taxes, remuneration and social security | 45 | €9,511 | €4,488 | -€5,023 | -52.8% |
| Taxes | 450/3 | €9,511 | €4,488 | -€5,023 | -52.8% |
| Other amounts payable | 47/48 | €5,108 | €7,849 | +€2,741 | +53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,817 | €17,817 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,033 | €268 | -€765 | -74.0% |
| Gross operating margin | 9900 | €104,377 | €88,498 | -€15,879 | -15.2% |
| Operating profit (loss) | 9901 | €85,527 | €70,414 | -€15,114 | -17.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,420 | €597 | -€823 | -58.0% |
| Recurring financial charges | 65 | €1,420 | €597 | -€823 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €84,108 | €69,817 | -€14,291 | -17.0% |
| Income taxes | 67/77 | €23,792 | €22,961 | -€831 | -3.5% |
| Profit (loss) for the period | 9904 | €60,316 | €46,855 | -€13,460 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,316 | €46,855 | -€13,460 | -22.3% |
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 29 September 2026 via checked.be.