DCTS: 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.
DCTS
Largest movements
- Cash +€234,126
up €234,126 (+23.0%), from €1.0m to €1.3m
mainly Net result for the year (+€423,166) and Depreciation (+€65,908)
- Receivables within one year +€78,766
up €78,766 (+13.4%), from €588,297 to €667,063
of which Trade receivables: +€68,346
- Profit (loss) carried forward +€164,478
up €164,478 (+106%), from €155,191 to €319,669
- Reserves +€143,688
up €143,688 (+10.8%), from €1.3m to €1.5m
of which Tax-exempt reserves: +€154,010
- Other debts -€54,168
down €54,168 (-34.6%), from €156,750 to €102,582
- Trade debts +€43,110
up €43,110 (+11.6%), from €372,498 to €415,609
- Gross operating margin +€31,649
up €31,649 (+4.1%), from €781,444 to €813,094
- Taxes -€31,214
down €31,214 (-17.4%), from €179,324 to €148,110
- Depreciation +€8,408
up €8,408 (+14.6%), from €57,500 to €65,908
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,171,860 | €2,466,407 | +€294,547 | +13.6% |
| Fixed assets | 21/28 | €555,257 | €542,289 | -€12,968 | -2.3% |
| Tangible fixed assets | 22/27 | €553,405 | €540,437 | -€12,968 | -2.3% |
| Land and buildings | 22 | €482,686 | €443,970 | -€38,716 | -8.0% |
| Furniture and vehicles | 24 | €70,719 | €96,468 | +€25,749 | +36.4% |
| Financial fixed assets | 28 | €1,852 | €1,852 | = | 0.0% |
| Current assets | 29/58 | €1,616,603 | €1,924,118 | +€307,514 | +19.0% |
| Amounts receivable within one year | 40/41 | €588,297 | €667,063 | +€78,766 | +13.4% |
| Trade receivables | 40 | €571,622 | €639,967 | +€68,346 | +12.0% |
| Other amounts receivable | 41 | €16,676 | €27,096 | +€10,420 | +62.5% |
| Cash at bank and in hand | 54/58 | €1,018,877 | €1,253,003 | +€234,126 | +23.0% |
| Deferred charges and accrued income | 490/1 | €9,429 | €4,051 | -€5,378 | -57.0% |
| Total equity and liabilities | 10/49 | €2,171,860 | €2,466,407 | +€294,547 | +13.6% |
| Equity | 10/15 | €1,492,538 | €1,800,703 | +€308,166 | +20.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,329,846 | €1,473,534 | +€143,688 | +10.8% |
| Tax-exempt reserves | 132 | - | €154,010 | +€154,010 | |
| Distributable reserves | 133 | €1,329,846 | €1,319,524 | -€10,323 | -0.8% |
| Profit (loss) carried forward | 14 | €155,191 | €319,669 | +€164,478 | +106% |
| Amounts payable | 17/49 | €679,322 | €665,703 | -€13,619 | -2.0% |
| Amounts payable after more than one year | 17 | €81,535 | €61,122 | -€20,413 | -25.0% |
| Financial debts | 170/4 | €81,535 | €61,122 | -€20,413 | -25.0% |
| Amounts payable within one year | 42/48 | €597,788 | €604,582 | +€6,794 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €21,808 | €22,102 | +€294 | +1.3% |
| Trade debts | 44 | €372,498 | €415,609 | +€43,110 | +11.6% |
| Suppliers | 440/4 | €372,498 | €415,609 | +€43,110 | +11.6% |
| Taxes, remuneration and social security | 45 | €46,731 | €64,289 | +€17,558 | +37.6% |
| Taxes | 450/3 | €24,539 | €34,137 | +€9,597 | +39.1% |
| Remuneration and social security | 454/9 | €22,192 | €30,153 | +€7,961 | +35.9% |
| Other amounts payable | 47/48 | €156,750 | €102,582 | -€54,168 | -34.6% |
| Non-recurring operating income | 76A | €21,864 | €3,728 | -€18,136 | -82.9% |
| Remuneration, social security and pensions | 62 | €169,828 | €176,883 | +€7,055 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,500 | €65,908 | +€8,408 | +14.6% |
| Other operating charges | 640/8 | €1,976 | €3,741 | +€1,764 | +89.3% |
| Gross operating margin | 9900 | €781,444 | €813,094 | +€31,649 | +4.1% |
| Operating profit (loss) | 9901 | €552,140 | €566,562 | +€14,422 | +2.6% |
| Financial income | 75/76B | €1,503 | €6,853 | +€5,350 | +356% |
| Recurring financial income | 75 | €1,503 | €6,853 | +€5,350 | +356% |
| Financial charges | 65/66B | €2,282 | €2,139 | -€142 | -6.2% |
| Recurring financial charges | 65 | €2,282 | €2,139 | -€142 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €551,361 | €571,276 | +€19,915 | +3.6% |
| Income taxes | 67/77 | €179,324 | €148,110 | -€31,214 | -17.4% |
| Profit (loss) for the period | 9904 | €372,037 | €423,166 | +€51,129 | +13.7% |
| Transfer to tax-exempt reserves | 689 | - | €154,010 | +€154,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €372,037 | €269,155 | -€102,882 | -27.7% |
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 25 October 2026 via checked.be.