DF m&c: 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.
DF m&c
Largest movements
- Receivables within one year +€17,575
up €17,575 (+77.0%), from €22,811 to €40,385
of which Trade receivables: +€17,190
- Other debts +€20,060
up €20,060 (+28.3%), from €70,854 to €90,914
- Profit (loss) carried forward -€4,402
down €4,402 (-46.9%), from €9,392 to €4,990
- Debts after one year +€4,016
up €4,016 (+7.7%), from €52,280 to €56,296
- Trade debts -€1,854
down €1,854 (-15.3%), from €12,111 to €10,257
- Gross operating margin -€1,020
down €1,020 (-59.5%), from -€1,715 to -€2,735
- Financial charges -€281
down €281 (-18.1%), from €1,550 to €1,269
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 | €153,817 | €171,664 | +€17,847 | +11.6% |
| Fixed assets | 21/28 | €31,400 | €31,400 | = | 0.0% |
| Tangible fixed assets | 22/27 | €31,400 | €31,400 | = | 0.0% |
| Other tangible fixed assets | 26 | €31,400 | €31,400 | = | 0.0% |
| Current assets | 29/58 | €122,417 | €140,264 | +€17,847 | +14.6% |
| Stocks and contracts in progress | 3 | €97,744 | €98,032 | +€288 | +0.3% |
| Stocks | 30/36 | €97,744 | €98,032 | +€288 | +0.3% |
| Amounts receivable within one year | 40/41 | €22,811 | €40,385 | +€17,575 | +77.0% |
| Trade receivables | 40 | €22,811 | €40,000 | +€17,190 | +75.4% |
| Other amounts receivable | 41 | - | €385 | +€385 | |
| Cash at bank and in hand | 54/58 | €1,863 | €1,847 | -€16 | -0.9% |
| Total equity and liabilities | 10/49 | €153,817 | €171,664 | +€17,847 | +11.6% |
| Equity | 10/15 | €17,452 | €13,050 | -€4,402 | -25.2% |
| Reserves | 13 | €8,060 | €8,060 | = | 0.0% |
| Distributable reserves | 133 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,392 | €4,990 | -€4,402 | -46.9% |
| Amounts payable | 17/49 | €136,365 | €158,613 | +€22,249 | +16.3% |
| Amounts payable after more than one year | 17 | €52,280 | €56,296 | +€4,016 | +7.7% |
| Other amounts payable | 178/9 | €52,280 | €56,296 | +€4,016 | +7.7% |
| Amounts payable within one year | 42/48 | €84,084 | €102,317 | +€18,233 | +21.7% |
| Trade debts | 44 | €12,111 | €10,257 | -€1,854 | -15.3% |
| Suppliers | 440/4 | €12,111 | €10,257 | -€1,854 | -15.3% |
| Taxes, remuneration and social security | 45 | €1,119 | €1,146 | +€27 | +2.4% |
| Taxes | 450/3 | €1,119 | €1,146 | +€27 | +2.4% |
| Other amounts payable | 47/48 | €70,854 | €90,914 | +€20,060 | +28.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,715 | -€2,735 | -€1,020 | -59.5% |
| Operating profit (loss) | 9901 | -€2,102 | -€3,134 | -€1,032 | -49.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,550 | €1,269 | -€281 | -18.1% |
| Recurring financial charges | 65 | €1,550 | €1,269 | -€281 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,652 | -€4,402 | -€750 | -20.5% |
| Profit (loss) for the period | 9904 | -€3,652 | -€4,402 | -€750 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,652 | -€4,402 | -€750 | -20.5% |
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.