DCProjectManagement: 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.
DCProjectManagement
Largest movements
- Tangible fixed assets +€72,801
up €72,801 (+979%), from €7,438 to €80,239
of which Furniture and vehicles: +€75,962
- Cash -€7,973
down €7,973 (-17.4%), from €45,856 to €37,883
mainly Investment in fixed assets (net) (-€79,127) and Receivables within one year (-€2,942)
- Receivables within one year +€2,942
up €2,942 (+9.0%), from €32,641 to €35,583
of which Other amounts receivable: +€5,047
- Debts after one year +€32,296
new in 2025: €32,296
- Reserves +€17,514
up €17,514 (+34.1%), from €51,387 to €68,901
- Current portion of long-term debt +€6,655
new in 2025: €6,655
- Tax, wage and social debts +€5,580
up €5,580 (+25.7%), from €21,694 to €27,273
- Trade debts +€3,990
up €3,990 (+193%), from €2,069 to €6,059
- Gross operating margin -€37,241
down €37,241 (-50.7%), from €73,421 to €36,181
- Taxes -€12,290
down €12,290 (-62.2%), from €19,762 to €7,472
- Depreciation +€4,893
up €4,893 (+341%), from €1,434 to €6,327
- Other operating charges +€2,495
up €2,495 (+323%), from €772 to €3,267
- Staff costs +€949
new in 2025: €949
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 | €85,935 | €153,705 | +€67,770 | +78.9% |
| Fixed assets | 21/28 | €7,438 | €80,239 | +€72,801 | +979% |
| Tangible fixed assets | 22/27 | €7,438 | €80,239 | +€72,801 | +979% |
| Plant, machinery and equipment | 23 | €7,438 | €4,277 | -€3,161 | -42.5% |
| Furniture and vehicles | 24 | - | €75,962 | +€75,962 | |
| Current assets | 29/58 | €78,497 | €73,466 | -€5,031 | -6.4% |
| Amounts receivable within one year | 40/41 | €32,641 | €35,583 | +€2,942 | +9.0% |
| Trade receivables | 40 | €32,641 | €30,536 | -€2,105 | -6.4% |
| Other amounts receivable | 41 | - | €5,047 | +€5,047 | |
| Cash at bank and in hand | 54/58 | €45,856 | €37,883 | -€7,973 | -17.4% |
| Total equity and liabilities | 10/49 | €85,935 | €153,705 | +€67,770 | +78.9% |
| Equity | 10/15 | €54,087 | €71,601 | +€17,514 | +32.4% |
| Contributions | 10/11 | €2,700 | €2,700 | = | 0.0% |
| Reserves | 13 | €51,387 | €68,901 | +€17,514 | +34.1% |
| Distributable reserves | 133 | €51,387 | €68,901 | +€17,514 | +34.1% |
| Amounts payable | 17/49 | €31,848 | €82,104 | +€50,256 | +158% |
| Amounts payable after more than one year | 17 | - | €32,296 | +€32,296 | |
| Financial debts | 170/4 | - | €32,296 | +€32,296 | |
| Amounts payable within one year | 42/48 | €31,848 | €49,808 | +€17,960 | +56.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,655 | +€6,655 | |
| Trade debts | 44 | €2,069 | €6,059 | +€3,990 | +193% |
| Suppliers | 440/4 | €2,069 | €6,059 | +€3,990 | +193% |
| Taxes, remuneration and social security | 45 | €21,694 | €27,273 | +€5,580 | +25.7% |
| Taxes | 450/3 | €21,694 | €27,273 | +€5,580 | +25.7% |
| Other amounts payable | 47/48 | €8,085 | €9,820 | +€1,735 | +21.5% |
| Remuneration, social security and pensions | 62 | - | €949 | +€949 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,434 | €6,327 | +€4,893 | +341% |
| Other operating charges | 640/8 | €772 | €3,267 | +€2,495 | +323% |
| Gross operating margin | 9900 | €73,421 | €36,181 | -€37,241 | -50.7% |
| Operating profit (loss) | 9901 | €71,216 | €25,638 | -€45,577 | -64.0% |
| Financial income | 75/76B | - | €104 | +€104 | |
| Recurring financial income | 75 | - | €104 | +€104 | |
| Financial charges | 65/66B | €67 | €757 | +€690 | +1,038% |
| Recurring financial charges | 65 | €67 | €757 | +€690 | +1,038% |
| Profit (loss) for the period before taxes | 9903 | €71,149 | €24,986 | -€46,163 | -64.9% |
| Income taxes | 67/77 | €19,762 | €7,472 | -€12,290 | -62.2% |
| Profit (loss) for the period | 9904 | €51,387 | €17,514 | -€33,873 | -65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,387 | €17,514 | -€33,873 | -65.9% |
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 28 October 2026 via checked.be.