DCSR: what changed
Two fiscal 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.
DCSR
Largest movements
- Cash +€69,022
up €69,022 (+10950.1%), from €630 to €69,652
mainly Net result for the year (+€81,314) and Receivables within one year (+€24,475)
- Receivables within one year -€24,475
down €24,475 (-99.7%), from €24,539 to €64
of which Trade receivables: -€23,987
- Stocks and contracts -€2,577
down €2,577 (-1.5%), from €174,660 to €172,083
- Profit (loss) carried forward +€81,314
up €81,314, from -€26,181 to €55,133
- Other debts -€37,293
down €37,293 (-20.4%), from €182,813 to €145,519
- Trade debts -€22,112
down €22,112 (-95.3%), from €23,198 to €1,086
- Tax, wage and social debts +€20,195
new in 2025: €20,195
- Gross operating margin +€139,779
up €139,779, from -€22,270 to €117,508
- Taxes +€18,395
new in 2025: €18,395
- Other operating charges +€16,682
up €16,682 (+1703.5%), from €979 to €17,661
- Financial charges -€2,741
down €2,741 (-95.2%), from €2,879 to €138
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 | €199,829 | €241,990 | +€42,160 | +21.1% |
| Current assets | 29/58 | €199,829 | €241,990 | +€42,160 | +21.1% |
| Stocks and contracts in progress | 3 | €174,660 | €172,083 | -€2,577 | -1.5% |
| Stocks | 30/36 | €174,660 | €172,083 | -€2,577 | -1.5% |
| Amounts receivable within one year | 40/41 | €24,539 | €64 | -€24,475 | -99.7% |
| Trade receivables | 40 | €23,987 | €0 | -€23,987 | -100.0% |
| Other amounts receivable | 41 | €551 | €64 | -€488 | -88.5% |
| Cash at bank and in hand | 54/58 | €630 | €69,652 | +€69,022 | +10950.1% |
| Deferred charges and accrued income | 490/1 | - | €191 | +€191 | |
| Total equity and liabilities | 10/49 | €199,829 | €241,990 | +€42,160 | +21.1% |
| Equity | 10/15 | -€6,181 | €75,133 | +€81,314 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,181 | €55,133 | +€81,314 | |
| Amounts payable | 17/49 | €206,010 | €166,856 | -€39,154 | -19.0% |
| Amounts payable within one year | 42/48 | €206,010 | €166,800 | -€39,210 | -19.0% |
| Trade debts | 44 | €23,198 | €1,086 | -€22,112 | -95.3% |
| Suppliers | 440/4 | €23,198 | €1,086 | -€22,112 | -95.3% |
| Taxes, remuneration and social security | 45 | - | €20,195 | +€20,195 | |
| Taxes | 450/3 | - | €20,195 | +€20,195 | |
| Other amounts payable | 47/48 | €182,813 | €145,519 | -€37,293 | -20.4% |
| Accrued charges and deferred income | 492/3 | - | €56 | +€56 | |
| Other operating charges | 640/8 | €979 | €17,661 | +€16,682 | +1703.5% |
| Non-recurring operating charges | 66A | €53 | €0 | -€53 | -100.0% |
| Gross operating margin | 9900 | -€22,270 | €117,508 | +€139,779 | |
| Operating profit (loss) | 9901 | -€23,302 | €99,847 | +€123,149 | |
| Financial charges | 65/66B | €2,879 | €138 | -€2,741 | -95.2% |
| Recurring financial charges | 65 | €2,879 | €138 | -€2,741 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,181 | €99,709 | +€125,890 | |
| Income taxes | 67/77 | - | €18,395 | +€18,395 | |
| Profit (loss) for the period | 9904 | -€26,181 | €81,314 | +€107,495 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,181 | €81,314 | +€107,495 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.