DCRJ: 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.
DCRJ
Largest movements
- Tangible fixed assets -€19,269
down €19,269 (-7.1%), from €272,176 to €252,907
of which Land and buildings: -€22,256
- Cash +€9,770
up €9,770 (+14.8%), from €65,851 to €75,621
mainly Depreciation (+€52,019) and Net result for the year (+€18,665)
- Receivables within one year -€7,550
down €7,550 (-30.7%), from €24,609 to €17,058
of which Trade receivables: -€5,447
- Other debts -€18,508
down €18,508 (-64.9%), from €28,500 to €9,992
- Reserves +€8,665
up €8,665 (+3.9%), from €222,118 to €230,783
of which Distributable reserves: +€8,665
- Current portion of long-term debt -€4,784
no longer reported in 2025 (was €4,784)
- Gross operating margin +€7,751
up €7,751 (+10.9%), from €71,219 to €78,970
- Depreciation +€1,293
up €1,293 (+2.5%), from €50,726 to €52,019
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 | €362,635 | €345,586 | -€17,049 | -4.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €272,176 | €252,907 | -€19,269 | -7.1% |
| Tangible fixed assets | 22/27 | €272,176 | €252,907 | -€19,269 | -7.1% |
| Land and buildings | 22 | €189,451 | €167,195 | -€22,256 | -11.7% |
| Plant, machinery and equipment | 23 | €40,629 | €31,858 | -€8,772 | -21.6% |
| Furniture and vehicles | 24 | €42,096 | €53,854 | +€11,759 | +27.9% |
| Current assets | 29/58 | €90,460 | €92,679 | +€2,220 | +2.5% |
| Amounts receivable within one year | 40/41 | €24,609 | €17,058 | -€7,550 | -30.7% |
| Trade receivables | 40 | €22,505 | €17,058 | -€5,447 | -24.2% |
| Other amounts receivable | 41 | €2,103 | €0 | -€2,103 | -100% |
| Cash at bank and in hand | 54/58 | €65,851 | €75,621 | +€9,770 | +14.8% |
| Total equity and liabilities | 10/49 | €362,635 | €345,586 | -€17,049 | -4.7% |
| Equity | 10/15 | €309,335 | €318,000 | +€8,665 | +2.8% |
| Contributions | 10/11 | €87,218 | €87,218 | = | 0.0% |
| Reserves | 13 | €222,118 | €230,783 | +€8,665 | +3.9% |
| Non-distributable reserves | 130/1 | €1,872 | €1,872 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,872 | €1,872 | = | 0.0% |
| Distributable reserves | 133 | €220,246 | €228,911 | +€8,665 | +3.9% |
| Amounts payable | 17/49 | €53,300 | €27,586 | -€25,714 | -48.2% |
| Amounts payable within one year | 42/48 | €53,300 | €27,586 | -€25,714 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €4,784 | - | -€4,784 | |
| Trade debts | 44 | €3,496 | €2,328 | -€1,167 | -33.4% |
| Suppliers | 440/4 | €3,496 | €2,328 | -€1,167 | -33.4% |
| Taxes, remuneration and social security | 45 | €16,521 | €15,266 | -€1,255 | -7.6% |
| Taxes | 450/3 | €10,133 | €15,266 | +€5,133 | +50.7% |
| Remuneration and social security | 454/9 | €6,388 | - | -€6,388 | |
| Other amounts payable | 47/48 | €28,500 | €9,992 | -€18,508 | -64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,726 | €52,019 | +€1,293 | +2.5% |
| Other operating charges | 640/8 | €212 | €62 | -€150 | -70.8% |
| Gross operating margin | 9900 | €71,219 | €78,970 | +€7,751 | +10.9% |
| Operating profit (loss) | 9901 | €20,281 | €26,890 | +€6,608 | +32.6% |
| Financial income | 75/76B | €228 | €712 | +€484 | +212% |
| Recurring financial income | 75 | €228 | €712 | +€484 | +212% |
| Financial charges | 65/66B | €411 | €476 | +€66 | +16.0% |
| Recurring financial charges | 65 | €411 | €476 | +€66 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €20,099 | €27,125 | +€7,027 | +35.0% |
| Income taxes | 67/77 | €7,973 | €8,460 | +€487 | +6.1% |
| Profit (loss) for the period | 9904 | €12,125 | €18,665 | +€6,540 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,125 | €18,665 | +€6,540 | +53.9% |
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 22 October 2026 via checked.be.