DCR: 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.
DCR
Largest movements
- Tangible fixed assets +€76,221
up €76,221 (+13.4%), from €566,837 to €643,058
of which Land and buildings: +€91,598
- Cash +€20,852
up €20,852 (+109.4%), from €19,062 to €39,914
mainly Depreciation (+€85,589) and Net result for the year (+€41,100)
- Receivables within one year -€11,452
down €11,452 (-77.9%), from €14,694 to €3,242
of which Trade receivables: -€6,729
- Profit (loss) carried forward +€41,100
up €41,100 (+62.4%), from €65,843 to €106,943
- Debts after one year +€35,472
up €35,472 (+8.1%), from €438,454 to €473,926
- Other debts -€17,109
down €17,109 (-88.2%), from €19,409 to €2,300
- Tax, wage and social debts +€9,882
up €9,882 (+68.6%), from €14,396 to €24,278
of which Taxes: +€9,861
- Current portion of long-term debt +€9,464
up €9,464 (+17.5%), from €54,100 to €63,564
- Other operating charges -€47,335
down €47,335 (-88.2%), from €53,693 to €6,358
- Depreciation +€17,662
up €17,662 (+26.0%), from €67,927 to €85,589
- Gross operating margin -€13,605
down €13,605 (-7.7%), from €175,678 to €162,073
- Financial charges +€8,051
up €8,051 (+63.9%), from €12,603 to €20,654
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 | €622,955 | €709,388 | +€86,433 | +13.9% |
| Fixed assets | 21/28 | €566,837 | €643,193 | +€76,356 | +13.5% |
| Tangible fixed assets | 22/27 | €566,837 | €643,058 | +€76,221 | +13.4% |
| Land and buildings | 22 | €400,982 | €492,580 | +€91,598 | +22.8% |
| Plant, machinery and equipment | 23 | €102,621 | €81,051 | -€21,570 | -21.0% |
| Furniture and vehicles | 24 | €63,234 | €69,428 | +€6,193 | +9.8% |
| Financial fixed assets | 28 | - | €135 | +€135 | |
| Current assets | 29/58 | €56,117 | €66,195 | +€10,077 | +18.0% |
| Stocks and contracts in progress | 3 | €17,250 | €15,000 | -€2,250 | -13.0% |
| Stocks | 30/36 | €17,250 | €15,000 | -€2,250 | -13.0% |
| Amounts receivable within one year | 40/41 | €14,694 | €3,242 | -€11,452 | -77.9% |
| Trade receivables | 40 | €9,971 | €3,242 | -€6,729 | -67.5% |
| Other amounts receivable | 41 | €4,723 | - | -€4,723 | |
| Cash at bank and in hand | 54/58 | €19,062 | €39,914 | +€20,852 | +109.4% |
| Deferred charges and accrued income | 490/1 | €5,111 | €8,039 | +€2,927 | +57.3% |
| Total equity and liabilities | 10/49 | €622,955 | €709,388 | +€86,433 | +13.9% |
| Equity | 10/15 | €80,843 | €121,943 | +€41,100 | +50.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,843 | €106,943 | +€41,100 | +62.4% |
| Amounts payable | 17/49 | €542,112 | €587,445 | +€45,334 | +8.4% |
| Amounts payable after more than one year | 17 | €438,454 | €473,926 | +€35,472 | +8.1% |
| Financial debts | 170/4 | €438,454 | €473,926 | +€35,472 | +8.1% |
| Amounts payable within one year | 42/48 | €103,651 | €113,520 | +€9,869 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €54,100 | €63,564 | +€9,464 | +17.5% |
| Trade debts | 44 | €15,746 | €23,378 | +€7,632 | +48.5% |
| Suppliers | 440/4 | €15,746 | €23,378 | +€7,632 | +48.5% |
| Taxes, remuneration and social security | 45 | €14,396 | €24,278 | +€9,882 | +68.6% |
| Taxes | 450/3 | €8,802 | €18,663 | +€9,861 | +112.0% |
| Remuneration and social security | 454/9 | €5,594 | €5,615 | +€21 | +0.4% |
| Other amounts payable | 47/48 | €19,409 | €2,300 | -€17,109 | -88.2% |
| Accrued charges and deferred income | 492/3 | €7 | - | -€7 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,927 | €85,589 | +€17,662 | +26.0% |
| Other operating charges | 640/8 | €53,693 | €6,358 | -€47,335 | -88.2% |
| Gross operating margin | 9900 | €175,678 | €162,073 | -€13,605 | -7.7% |
| Operating profit (loss) | 9901 | €54,058 | €70,126 | +€16,068 | +29.7% |
| Financial income | 75/76B | €47 | €47 | -€0 | -0.2% |
| Recurring financial income | 75 | €47 | €47 | -€0 | -0.2% |
| Financial charges | 65/66B | €12,603 | €20,654 | +€8,051 | +63.9% |
| Recurring financial charges | 65 | €12,603 | €20,654 | +€8,051 | +63.9% |
| Profit (loss) for the period before taxes | 9903 | €41,502 | €49,519 | +€8,017 | +19.3% |
| Income taxes | 67/77 | €8,802 | €8,419 | -€383 | -4.4% |
| Profit (loss) for the period | 9904 | €32,700 | €41,100 | +€8,400 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,700 | €41,100 | +€8,400 | +25.7% |
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 11 October 2026 via checked.be.