DCST: 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.
DCST
Largest movements
- Cash +€99,858
up €99,858 (+80.8%), from €123,615 to €223,474
mainly Other debts (+€172,047) and Net result for the year (+€103,027)
- Financial fixed assets -€6,000
down €6,000 (-95.5%), from €6,285 to €285
- Tangible fixed assets -€5,268
down €5,268 (-57.4%), from €9,179 to €3,911
of which Furniture and vehicles: -€3,662
- Other debts +€172,047
up €172,047 (+45336.3%), from €379 to €172,426
- Profit (loss) carried forward -€66,973
down €66,973 (-62.6%), from €107,067 to €40,094
- Trade debts -€29,758
down €29,758 (-96.9%), from €30,718 to €960
- Accrued charges and deferred income +€13,456
new in 2025: €13,456
- Tax, wage and social debts +€2,988
up €2,988 (+17.6%), from €16,963 to €19,951
- Gross operating margin +€45,772
up €45,772 (+47.4%), from €96,516 to €142,288
- Taxes +€12,168
up €12,168 (+64.3%), from €18,933 to €31,101
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 | €175,127 | €266,887 | +€91,760 | +52.4% |
| Fixed assets | 21/28 | €15,464 | €4,196 | -€11,268 | -72.9% |
| Tangible fixed assets | 22/27 | €9,179 | €3,911 | -€5,268 | -57.4% |
| Plant, machinery and equipment | 23 | €1,554 | €95 | -€1,459 | -93.9% |
| Furniture and vehicles | 24 | €6,442 | €2,780 | -€3,662 | -56.9% |
| Other tangible fixed assets | 26 | €1,182 | €1,035 | -€147 | -12.4% |
| Financial fixed assets | 28 | €6,285 | €285 | -€6,000 | -95.5% |
| Current assets | 29/58 | €159,663 | €262,691 | +€103,028 | +64.5% |
| Amounts receivable within one year | 40/41 | €36,048 | €38,333 | +€2,285 | +6.3% |
| Trade receivables | 40 | €33,877 | €38,333 | +€4,456 | +13.2% |
| Other amounts receivable | 41 | €2,172 | - | -€2,172 | |
| Cash at bank and in hand | 54/58 | €123,615 | €223,474 | +€99,858 | +80.8% |
| Deferred charges and accrued income | 490/1 | - | €885 | +€885 | |
| Total equity and liabilities | 10/49 | €175,127 | €266,887 | +€91,760 | +52.4% |
| Equity | 10/15 | €127,067 | €60,094 | -€66,973 | -52.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,067 | €40,094 | -€66,973 | -62.6% |
| Amounts payable | 17/49 | €48,060 | €206,793 | +€158,733 | +330.3% |
| Amounts payable within one year | 42/48 | €48,060 | €193,337 | +€145,277 | +302.3% |
| Trade debts | 44 | €30,718 | €960 | -€29,758 | -96.9% |
| Suppliers | 440/4 | €30,718 | €960 | -€29,758 | -96.9% |
| Taxes, remuneration and social security | 45 | €16,963 | €19,951 | +€2,988 | +17.6% |
| Taxes | 450/3 | €16,963 | €19,951 | +€2,988 | +17.6% |
| Other amounts payable | 47/48 | €379 | €172,426 | +€172,047 | +45336.3% |
| Accrued charges and deferred income | 492/3 | - | €13,456 | +€13,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,799 | €5,268 | -€531 | -9.2% |
| Other operating charges | 640/8 | €656 | €1,936 | +€1,280 | +195.1% |
| Gross operating margin | 9900 | €96,516 | €142,288 | +€45,772 | +47.4% |
| Operating profit (loss) | 9901 | €90,062 | €135,084 | +€45,022 | +50.0% |
| Financial income | 75/76B | - | €422 | +€422 | |
| Recurring financial income | 75 | - | €422 | +€422 | |
| Financial charges | 65/66B | €2,435 | €1,378 | -€1,057 | -43.4% |
| Recurring financial charges | 65 | €2,435 | €1,378 | -€1,057 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €87,627 | €134,128 | +€46,501 | +53.1% |
| Income taxes | 67/77 | €18,933 | €31,101 | +€12,168 | +64.3% |
| Profit (loss) for the period | 9904 | €68,694 | €103,027 | +€34,333 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,694 | €103,027 | +€34,333 | +50.0% |
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 2 October 2026 via checked.be.