DCT-VL: 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.
What changed
DCT-VL
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€44,833
2024 · €72,924-€28,090
Equity
€1.6m
2024 · €1.5m+€44,833
Cash
€342,094
2024 · €380,125-€38,031
Balance sheet total
€4.4m
2024 · €4.5m-€145,169
Largest movements
Assets
- Stocks and contracts -€433,912
down €433,912 (-16.3%), from €2.7m to €2.2m
- Receivables within one year +€201,065
up €201,065 (+84.5%), from €237,812 to €438,877
of which Other amounts receivable: +€130,057
- Tangible fixed assets +€123,240
up €123,240 (+10.1%), from €1.2m to €1.3m
of which Furniture and vehicles: +€141,663
Equity and liabilities
- Trade debts -€98,523
down €98,523 (-65.0%), from €151,525 to €53,003
- Debts after one year -€83,259
down €83,259 (-12.7%), from €654,750 to €571,491
Income statement
- Financial charges -€53,870
down €53,870 (-39.1%), from €137,790 to €83,921
- Depreciation +€37,491
up €37,491 (+48.6%), from €77,175 to €114,667
- Write-downs +€28,789
up €28,789 (+113%), from €25,525 to €54,313
- Gross operating margin -€13,676
down €13,676 (-3.0%), from €462,854 to €449,178
- Staff costs +€11,520
up €11,520 (+9.4%), from €122,708 to €134,229
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.
Result 2024
€72,924
Gross operating margin
-€13,676
Staff costs
-€11,520
Depreciation
-€37,491
Write-downs
-€28,789
Other operating charges
+€9,463
Financial income
+€5,881
Financial charges
+€53,870
Taxes
-€5,828
Result 2025
€44,833
raises the resultlowers the result
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.
From operations
+€288,928
Investment
-€236,897
Financing
-€90,062
Cash 2024
€380,125
From operations (derived)
+€288,928
Net result for the year
+€44,833
Depreciation
+€114,667
Stocks and contracts
+€433,912
Receivables within one year
-€201,065
Deferred charges and accrued income
-€3,478
Trade debts
-€98,523
Tax, wage and social debts
+€36,580
Advances received
-€39,450
Other debts
+€1,256
Accrued charges and deferred income
+€196
Investment (derived)
-€236,897
Investment in fixed assets (net)
-€236,897
Financing
-€90,062
Debts after one year
-€83,259
Current portion of long-term debt
-€6,804
Cash 2025
€342,094
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,511,585 | €4,366,415 | -€145,169 | -3.2% |
| Fixed assets | 21/28 | €1,221,534 | €1,343,764 | +€122,230 | +10.0% |
| Intangible fixed assets | 21 | €1,010 | €0 | -€1,010 | -100% |
| Tangible fixed assets | 22/27 | €1,220,524 | €1,343,764 | +€123,240 | +10.1% |
| Land and buildings | 22 | €1,155,419 | €1,122,644 | -€32,775 | -2.8% |
| Plant, machinery and equipment | 23 | €44,421 | €53,773 | +€9,352 | +21.1% |
| Furniture and vehicles | 24 | €20,685 | €162,347 | +€141,663 | +685% |
| Other tangible fixed assets | 26 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €3,290,050 | €3,022,651 | -€267,399 | -8.1% |
| Stocks and contracts in progress | 3 | €2,663,873 | €2,229,962 | -€433,912 | -16.3% |
| Stocks | 30/36 | €2,663,873 | €2,229,962 | -€433,912 | -16.3% |
| Amounts receivable within one year | 40/41 | €237,812 | €438,877 | +€201,065 | +84.5% |
| Trade receivables | 40 | €181,258 | €252,265 | +€71,008 | +39.2% |
| Other amounts receivable | 41 | €56,554 | €186,611 | +€130,057 | +230% |
| Cash at bank and in hand | 54/58 | €380,125 | €342,094 | -€38,031 | -10.0% |
| Deferred charges and accrued income | 490/1 | €8,240 | €11,718 | +€3,478 | +42.2% |
| Total equity and liabilities | 10/49 | €4,511,585 | €4,366,415 | -€145,169 | -3.2% |
| Equity | 10/15 | €1,546,094 | €1,590,927 | +€44,833 | +2.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,446,094 | €1,490,927 | +€44,833 | +3.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,446,094 | €1,490,927 | +€44,833 | +3.1% |
| Amounts payable | 17/49 | €2,965,491 | €2,775,488 | -€190,003 | -6.4% |
| Amounts payable after more than one year | 17 | €654,750 | €571,491 | -€83,259 | -12.7% |
| Financial debts | 170/4 | €654,750 | €571,491 | -€83,259 | -12.7% |
| Amounts payable within one year | 42/48 | €2,303,192 | €2,196,251 | -€106,940 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €90,062 | €83,259 | -€6,804 | -7.6% |
| Financial debts | 43 | €1,900,000 | €1,900,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,900,000 | €1,900,000 | = | 0.0% |
| Trade debts | 44 | €151,525 | €53,003 | -€98,523 | -65.0% |
| Suppliers | 440/4 | €151,525 | €53,003 | -€98,523 | -65.0% |
| Advances received on contracts in progress | 46 | €39,450 | €0 | -€39,450 | -100% |
| Taxes, remuneration and social security | 45 | €28,304 | €64,884 | +€36,580 | +129% |
| Taxes | 450/3 | €11,409 | €46,961 | +€35,552 | +312% |
| Remuneration and social security | 454/9 | €16,895 | €17,923 | +€1,028 | +6.1% |
| Other amounts payable | 47/48 | €93,849 | €95,105 | +€1,256 | +1.3% |
| Accrued charges and deferred income | 492/3 | €7,549 | €7,745 | +€196 | +2.6% |
| Remuneration, social security and pensions | 62 | €122,708 | €134,229 | +€11,520 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,175 | €114,667 | +€37,491 | +48.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,525 | €54,313 | +€28,789 | +113% |
| Other operating charges | 640/8 | €26,717 | €17,254 | -€9,463 | -35.4% |
| Gross operating margin | 9900 | €462,854 | €449,178 | -€13,676 | -3.0% |
| Operating profit (loss) | 9901 | €210,729 | €128,716 | -€82,013 | -38.9% |
| Financial income | 75/76B | €1,810 | €7,691 | +€5,881 | +325% |
| Recurring financial income | 75 | €1,810 | €6,620 | +€4,810 | +266% |
| Non-recurring financial income | 76B | - | €1,072 | +€1,072 | |
| Financial charges | 65/66B | €137,790 | €83,921 | -€53,870 | -39.1% |
| Recurring financial charges | 65 | €137,790 | €83,921 | -€53,870 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €74,748 | €52,486 | -€22,262 | -29.8% |
| Income taxes | 67/77 | €1,825 | €7,653 | +€5,828 | +319% |
| Profit (loss) for the period | 9904 | €72,924 | €44,833 | -€28,090 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €72,924 | €44,833 | -€28,090 | -38.5% |
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 17 October 2026 via checked.be.