DCW-TECHNICS: what changed
What changed
DCW-TECHNICS
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€62,939
2024 · €27,781+€35,157
Equity
€120,849
2024 · €239,379-€118,530
Cash
€159,542
2024 · €7,287+€152,255
Balance sheet total
€653,343
2024 · €575,018+€78,325
Largest movements
Assets
- Cash +€152,255
up €152,255 (+2,089%), from €7,287 to €159,542
mainly Other debts (+€141,622) and Net result for the year (+€62,939)
- Tangible fixed assets -€31,500
down €31,500 (-7.7%), from €408,552 to €377,053
- Current investments -€20,000
down €20,000 (-100%), from €20,000 to €0
- Receivables within one year -€18,418
down €18,418 (-25.6%), from €71,842 to €53,424
of which Trade receivables: -€19,525
Equity and liabilities
- Other debts +€141,622
up €141,622 (+1,807%), from €7,837 to €149,459
- Profit (loss) carried forward -€94,792
down €94,792 (-60.1%), from €157,731 to €62,939
- Debts after one year +€59,083
up €59,083 (+22.8%), from €258,885 to €317,968
- Reserves -€23,738
down €23,738 (-37.7%), from €63,048 to €39,310
- Trade debts -€19,415
down €19,415 (-58.2%), from €33,364 to €13,948
Income statement
- Gross operating margin +€28,831
up €28,831 (+19.1%), from €150,859 to €179,690
- Depreciation -€12,571
down €12,571 (-20.6%), from €60,950 to €48,379
- Taxes +€9,120
up €9,120 (+119%), from €7,667 to €16,787
- Financial income +€1,801
up €1,801 (+61.1%), from €2,945 to €4,746
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€27,781
Gross operating margin
+€28,831
Staff costs
+€452
Depreciation
+€12,571
Other operating charges
+€402
Financial income
+€1,801
Financial charges
+€220
Taxes
-€9,120
Result 2025
€62,939
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€265,655
Investment
+€3,121
Financing
-€116,521
Cash 2024
€7,287
From operations (derived)
+€265,655
Net result for the year
+€62,939
Depreciation
+€48,379
Stocks and contracts
+€4,271
Receivables within one year
+€18,418
Deferred charges and accrued income
-€259
Trade debts
-€19,415
Tax, wage and social debts
+€8,700
Other debts
+€141,622
Accrued charges and deferred income
+€1,000
Investment (derived)
+€3,121
Investment in fixed assets (net)
-€16,879
Current investments
+€20,000
Financing
-€116,521
Debts after one year
+€59,083
Current portion of long-term debt
+€5,865
Contributions, distributions and other
-€181,469
Cash 2025
€159,542
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €575,018 | €653,343 | +€78,325 | +13.6% |
| Fixed assets | 21/28 | €408,552 | €377,053 | -€31,500 | -7.7% |
| Tangible fixed assets | 22/27 | €408,552 | €377,053 | -€31,500 | -7.7% |
| Land and buildings | 22 | €309,619 | €294,018 | -€15,601 | -5.0% |
| Plant, machinery and equipment | 23 | €14,881 | €18,059 | +€3,178 | +21.4% |
| Furniture and vehicles | 24 | €79,261 | €64,975 | -€14,286 | -18.0% |
| Leasing and similar rights | 25 | €4,790 | €0 | -€4,790 | -100% |
| Current assets | 29/58 | €166,465 | €276,290 | +€109,825 | +66.0% |
| Stocks and contracts in progress | 3 | €58,790 | €54,519 | -€4,271 | -7.3% |
| Stocks | 30/36 | €58,790 | €54,519 | -€4,271 | -7.3% |
| Amounts receivable within one year | 40/41 | €71,842 | €53,424 | -€18,418 | -25.6% |
| Trade receivables | 40 | €69,623 | €50,098 | -€19,525 | -28.0% |
| Other amounts receivable | 41 | €2,219 | €3,326 | +€1,107 | +49.9% |
| Current investments | 50/53 | €20,000 | €0 | -€20,000 | -100% |
| Cash at bank and in hand | 54/58 | €7,287 | €159,542 | +€152,255 | +2,089% |
| Deferred charges and accrued income | 490/1 | €8,546 | €8,805 | +€259 | +3.0% |
| Total equity and liabilities | 10/49 | €575,018 | €653,343 | +€78,325 | +13.6% |
| Equity | 10/15 | €239,379 | €120,849 | -€118,530 | -49.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,048 | €39,310 | -€23,738 | -37.7% |
| Distributable reserves | 133 | €63,048 | €39,310 | -€23,738 | -37.7% |
| Profit (loss) carried forward | 14 | €157,731 | €62,939 | -€94,792 | -60.1% |
| Amounts payable | 17/49 | €335,638 | €532,493 | +€196,855 | +58.7% |
| Amounts payable after more than one year | 17 | €258,885 | €317,968 | +€59,083 | +22.8% |
| Financial debts | 170/4 | €258,885 | €317,968 | +€59,083 | +22.8% |
| Amounts payable within one year | 42/48 | €76,753 | €213,525 | +€136,772 | +178% |
| Current portion of amounts payable after more than one year | 42 | €34,364 | €40,229 | +€5,865 | +17.1% |
| Trade debts | 44 | €33,364 | €13,948 | -€19,415 | -58.2% |
| Suppliers | 440/4 | €33,364 | €13,948 | -€19,415 | -58.2% |
| Taxes, remuneration and social security | 45 | €1,188 | €9,888 | +€8,700 | +732% |
| Taxes | 450/3 | €1,167 | €8,355 | +€7,188 | +616% |
| Remuneration and social security | 454/9 | €22 | €1,534 | +€1,512 | +7,010% |
| Other amounts payable | 47/48 | €7,837 | €149,459 | +€141,622 | +1,807% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €47,338 | €46,886 | -€452 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,950 | €48,379 | -€12,571 | -20.6% |
| Other operating charges | 640/8 | €2,732 | €2,329 | -€402 | -14.7% |
| Gross operating margin | 9900 | €150,859 | €179,690 | +€28,831 | +19.1% |
| Operating profit (loss) | 9901 | €39,839 | €82,096 | +€42,256 | +106% |
| Financial income | 75/76B | €2,945 | €4,746 | +€1,801 | +61.1% |
| Recurring financial income | 75 | €2,945 | €4,746 | +€1,801 | +61.1% |
| Financial charges | 65/66B | €7,336 | €7,116 | -€220 | -3.0% |
| Recurring financial charges | 65 | €7,336 | €7,116 | -€220 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €35,448 | €79,725 | +€44,277 | +125% |
| Income taxes | 67/77 | €7,667 | €16,787 | +€9,120 | +119% |
| Profit (loss) for the period | 9904 | €27,781 | €62,939 | +€35,157 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €27,781 | €62,939 | +€35,157 | +127% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.