DCS Management: 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.
DCS Management
Largest movements
- Cash +€8,949
up €8,949 (+120.5%), from €7,429 to €16,378
mainly Net result for the year (+€47,099) and Depreciation (+€829)
- Reserves +€47,099
up €47,099 (+9.6%), from €488,585 to €535,684
- Other debts -€25,584
down €25,584 (-21.2%), from €120,937 to €95,353
- Gross operating margin -€40,327
down €40,327 (-33.9%), from €119,134 to €78,806
- Taxes -€11,579
down €11,579 (-34.2%), from €33,859 to €22,281
- Financial charges -€3,608
down €3,608 (-27.5%), from €13,143 to €9,535
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 | €699,611 | €712,996 | +€13,385 | +1.9% |
| Fixed assets | 21/28 | €664,783 | €663,955 | -€829 | -0.1% |
| Tangible fixed assets | 22/27 | €2,283 | €1,455 | -€829 | -36.3% |
| Plant, machinery and equipment | 23 | €2,283 | €1,455 | -€829 | -36.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €662,500 | €662,500 | = | 0.0% |
| Current assets | 29/58 | €34,828 | €49,042 | +€14,214 | +40.8% |
| Amounts receivable within one year | 40/41 | €26,194 | €31,165 | +€4,971 | +19.0% |
| Other amounts receivable | 41 | €26,194 | €31,165 | +€4,971 | +19.0% |
| Cash at bank and in hand | 54/58 | €7,429 | €16,378 | +€8,949 | +120.5% |
| Deferred charges and accrued income | 490/1 | €1,204 | €1,498 | +€294 | +24.4% |
| Total equity and liabilities | 10/49 | €699,611 | €712,996 | +€13,385 | +1.9% |
| Equity | 10/15 | €538,585 | €585,684 | +€47,099 | +8.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €488,585 | €535,684 | +€47,099 | +9.6% |
| Distributable reserves | 133 | €488,585 | €535,684 | +€47,099 | +9.6% |
| Amounts payable | 17/49 | €161,026 | €127,312 | -€33,714 | -20.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €150,532 | €118,292 | -€32,240 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €4,250 | €0 | -€4,250 | -100.0% |
| Trade debts | 44 | €11,362 | €10,122 | -€1,240 | -10.9% |
| Suppliers | 440/4 | €11,362 | €10,122 | -€1,240 | -10.9% |
| Taxes, remuneration and social security | 45 | €13,983 | €12,818 | -€1,166 | -8.3% |
| Taxes | 450/3 | €13,983 | €12,818 | -€1,166 | -8.3% |
| Other amounts payable | 47/48 | €120,937 | €95,353 | -€25,584 | -21.2% |
| Accrued charges and deferred income | 492/3 | €10,494 | €9,019 | -€1,475 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204 | €829 | +€624 | +305.9% |
| Other operating charges | 640/8 | €369 | €379 | +€10 | +2.8% |
| Gross operating margin | 9900 | €119,134 | €78,806 | -€40,327 | -33.9% |
| Operating profit (loss) | 9901 | €118,561 | €77,599 | -€40,962 | -34.5% |
| Financial income | 75/76B | €310 | €1,317 | +€1,007 | +324.7% |
| Recurring financial income | 75 | €310 | €1,317 | +€1,007 | +324.7% |
| Financial charges | 65/66B | €13,143 | €9,535 | -€3,608 | -27.5% |
| Recurring financial charges | 65 | €13,143 | €9,535 | -€3,608 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €105,728 | €69,380 | -€36,348 | -34.4% |
| Income taxes | 67/77 | €33,859 | €22,281 | -€11,579 | -34.2% |
| Profit (loss) for the period | 9904 | €71,868 | €47,099 | -€24,769 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,868 | €47,099 | -€24,769 | -34.5% |
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 10 October 2026 via checked.be.