DCS Projects: 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 Projects
Largest movements
- Intangible fixed assets -€3,400
down €3,400 (-22.2%), from €15,287 to €11,887
- Cash +€2,977
up €2,977 (+32.1%), from €9,260 to €12,236
mainly Net result for the year (+€6,779) and Tax, wage and social debts (+€5,033)
- Tangible fixed assets -€1,149
down €1,149 (-57.2%), from €2,009 to €861
- Trade debts -€13,073
down €13,073 (-76.7%), from €17,036 to €3,963
- Reserves +€5,061
up €5,061 (+26.9%), from €18,846 to €23,907
- Tax, wage and social debts +€5,033
up €5,033 (+31.1%), from €16,161 to €21,193
of which Taxes: +€6,317
- Other debts +€3,103
new in 2025: €3,103
- Accrued charges and deferred income -€1,287
no longer reported in 2025 (was €1,287)
- Staff costs +€19,925
up €19,925 (+54.5%), from €36,547 to €56,472
- Gross operating margin +€18,360
up €18,360 (+33.9%), from €54,101 to €72,461
- Depreciation +€1,984
up €1,984 (+77.3%), from €2,565 to €4,549
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 | €56,329 | €55,166 | -€1,163 | -2.1% |
| Fixed assets | 21/28 | €17,296 | €12,747 | -€4,549 | -26.3% |
| Intangible fixed assets | 21 | €15,287 | €11,887 | -€3,400 | -22.2% |
| Tangible fixed assets | 22/27 | €2,009 | €861 | -€1,149 | -57.2% |
| Plant, machinery and equipment | 23 | €2,009 | €861 | -€1,149 | -57.2% |
| Current assets | 29/58 | €39,033 | €42,419 | +€3,386 | +8.7% |
| Stocks and contracts in progress | 3 | €1,894 | €1,894 | = | 0.0% |
| Stocks | 30/36 | €1,894 | €1,894 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,879 | €28,289 | +€409 | +1.5% |
| Trade receivables | 40 | €27,879 | €28,289 | +€409 | +1.5% |
| Cash at bank and in hand | 54/58 | €9,260 | €12,236 | +€2,977 | +32.1% |
| Total equity and liabilities | 10/49 | €56,329 | €55,166 | -€1,163 | -2.1% |
| Equity | 10/15 | €21,846 | €26,907 | +€5,061 | +23.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,846 | €23,907 | +€5,061 | +26.9% |
| Distributable reserves | 133 | €18,846 | €23,907 | +€5,061 | +26.9% |
| Amounts payable | 17/49 | €34,483 | €28,259 | -€6,224 | -18.0% |
| Amounts payable within one year | 42/48 | €33,197 | €28,259 | -€4,937 | -14.9% |
| Trade debts | 44 | €17,036 | €3,963 | -€13,073 | -76.7% |
| Suppliers | 440/4 | €17,036 | €3,963 | -€13,073 | -76.7% |
| Taxes, remuneration and social security | 45 | €16,161 | €21,193 | +€5,033 | +31.1% |
| Taxes | 450/3 | €12,866 | €19,182 | +€6,317 | +49.1% |
| Remuneration and social security | 454/9 | €3,295 | €2,011 | -€1,284 | -39.0% |
| Other amounts payable | 47/48 | - | €3,103 | +€3,103 | |
| Accrued charges and deferred income | 492/3 | €1,287 | - | -€1,287 | |
| Remuneration, social security and pensions | 62 | €36,547 | €56,472 | +€19,925 | +54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,565 | €4,549 | +€1,984 | +77.3% |
| Other operating charges | 640/8 | €695 | €817 | +€122 | +17.5% |
| Gross operating margin | 9900 | €54,101 | €72,461 | +€18,360 | +33.9% |
| Operating profit (loss) | 9901 | €14,293 | €10,623 | -€3,670 | -25.7% |
| Financial charges | 65/66B | €468 | €138 | -€330 | -70.6% |
| Recurring financial charges | 65 | €468 | €138 | -€330 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | €13,825 | €10,486 | -€3,340 | -24.2% |
| Income taxes | 67/77 | €4,166 | €3,707 | -€459 | -11.0% |
| Profit (loss) for the period | 9904 | €9,659 | €6,779 | -€2,880 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,659 | €6,779 | -€2,880 | -29.8% |
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.