DCRT: 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.
DCRT
Largest movements
- Tangible fixed assets +€288,112
up €288,112 (+10.1%), from €2.8m to €3.1m
- Cash -€88,651
down €88,651 (-99.9%), from €88,742 to €91
mainly Investment in fixed assets (net) (-€346,104) and Provisions (-€75,590)
- Receivables within one year -€81,037
down €81,037 (-33.0%), from €245,804 to €164,767
of which Other amounts receivable: -€103,248
- Other debts +€190,308
up €190,308 (+18.5%), from €1.0m to €1.2m
- Provisions -€75,590
down €75,590 (-3.8%), from €2.0m to €1.9m
- Taxes -€41,235
down €41,235 (-96.5%), from €42,744 to €1,509
- Financial charges +€35,754
up €35,754 (+35.0%), from €102,056 to €137,810
- Depreciation +€9,183
up €9,183 (+18.8%), from €48,808 to €57,991
- Gross operating margin -€4,999
down €4,999 (-2.4%), from €211,926 to €206,927
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 | €3,679,197 | €3,797,621 | +€118,424 | +3.2% |
| Fixed assets | 21/28 | €3,344,650 | €3,632,762 | +€288,112 | +8.6% |
| Tangible fixed assets | 22/27 | €2,846,973 | €3,135,085 | +€288,112 | +10.1% |
| Land and buildings | 22 | €2,846,973 | €3,135,085 | +€288,112 | +10.1% |
| Financial fixed assets | 28 | €497,677 | €497,677 | = | 0.0% |
| Current assets | 29/58 | €334,547 | €164,858 | -€169,688 | -50.7% |
| Amounts receivable within one year | 40/41 | €245,804 | €164,767 | -€81,037 | -33.0% |
| Trade receivables | 40 | €6,829 | €29,040 | +€22,211 | +325% |
| Other amounts receivable | 41 | €238,975 | €135,727 | -€103,248 | -43.2% |
| Cash at bank and in hand | 54/58 | €88,742 | €91 | -€88,651 | -99.9% |
| Total equity and liabilities | 10/49 | €3,679,197 | €3,797,621 | +€118,424 | +3.2% |
| Equity | 10/15 | €629,724 | €632,058 | +€2,334 | +0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €609,724 | €612,058 | +€2,334 | +0.4% |
| Distributable reserves | 133 | €609,724 | €612,058 | +€2,334 | +0.4% |
| Provisions and deferred taxes | 16 | €1,974,203 | €1,898,614 | -€75,590 | -3.8% |
| Provisions for liabilities and charges | 160/5 | €1,974,203 | €1,898,614 | -€75,590 | -3.8% |
| Other liabilities and charges | 164/5 | €1,974,203 | €1,898,614 | -€75,590 | -3.8% |
| Amounts payable | 17/49 | €1,075,270 | €1,266,949 | +€191,680 | +17.8% |
| Amounts payable within one year | 42/48 | €1,075,270 | €1,266,699 | +€191,430 | +17.8% |
| Trade debts | 44 | €251 | €2,094 | +€1,843 | +733% |
| Suppliers | 440/4 | €251 | €2,094 | +€1,843 | +733% |
| Taxes, remuneration and social security | 45 | €46,041 | €45,320 | -€721 | -1.6% |
| Taxes | 450/3 | €46,041 | €45,320 | -€721 | -1.6% |
| Other amounts payable | 47/48 | €1,028,977 | €1,219,285 | +€190,308 | +18.5% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,808 | €57,991 | +€9,183 | +18.8% |
| Other operating charges | 640/8 | €6,942 | €7,322 | +€380 | +5.5% |
| Gross operating margin | 9900 | €211,926 | €206,927 | -€4,999 | -2.4% |
| Operating profit (loss) | 9901 | €156,176 | €141,614 | -€14,562 | -9.3% |
| Financial income | 75/76B | €81 | €39 | -€42 | -51.5% |
| Recurring financial income | 75 | €81 | €39 | -€42 | -51.5% |
| Financial charges | 65/66B | €102,056 | €137,810 | +€35,754 | +35.0% |
| Recurring financial charges | 65 | €102,056 | €137,810 | +€35,754 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €54,202 | €3,843 | -€50,359 | -92.9% |
| Income taxes | 67/77 | €42,744 | €1,509 | -€41,235 | -96.5% |
| Profit (loss) for the period | 9904 | €11,457 | €2,334 | -€9,123 | -79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,457 | €2,334 | -€9,123 | -79.6% |
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 21 October 2026 via checked.be.