DG MANAGEMENT: 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.
DG MANAGEMENT
Largest movements
- Receivables within one year -€12,188
down €12,188 (-99.7%), from €12,222 to €34
of which Trade receivables: -€12,188
- Tax, wage and social debts -€26,403
down €26,403 (-30.5%), from €86,644 to €60,241
- Other debts +€19,328
up €19,328 (+10.9%), from €177,328 to €196,656
- Gross operating margin +€56,016
up €56,016 (+98.0%), from -€57,141 to -€1,125
- Financial charges -€6,038
down €6,038 (-84.3%), from €7,166 to €1,128
- Purchases and services +€1,125
new in 2025: €1,125
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 | €712,296 | €700,109 | -€12,187 | -1.7% |
| Fixed assets | 21/28 | €700,000 | €700,000 | = | 0.0% |
| Financial fixed assets | 28 | €700,000 | €700,000 | = | 0.0% |
| Current assets | 29/58 | €12,296 | €109 | -€12,187 | -99.1% |
| Amounts receivable within one year | 40/41 | €12,222 | €34 | -€12,188 | -99.7% |
| Trade receivables | 40 | €12,188 | - | -€12,188 | |
| Other amounts receivable | 41 | €34 | €34 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €74 | €75 | +€1 | +1.4% |
| Total equity and liabilities | 10/49 | €712,296 | €700,109 | -€12,187 | -1.7% |
| Equity | 10/15 | €437,603 | €435,349 | -€2,254 | -0.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €360,603 | €358,349 | -€2,254 | -0.6% |
| Amounts payable | 17/49 | €274,693 | €264,760 | -€9,933 | -3.6% |
| Amounts payable within one year | 42/48 | €274,693 | €264,760 | -€9,933 | -3.6% |
| Trade debts | 44 | €10,721 | €7,863 | -€2,858 | -26.7% |
| Suppliers | 440/4 | €10,721 | €7,863 | -€2,858 | -26.7% |
| Taxes, remuneration and social security | 45 | €86,644 | €60,241 | -€26,403 | -30.5% |
| Taxes | 450/3 | €86,644 | €60,241 | -€26,403 | -30.5% |
| Other amounts payable | 47/48 | €177,328 | €196,656 | +€19,328 | +10.9% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,125 | +€1,125 | |
| Gross operating margin | 9900 | -€57,141 | -€1,125 | +€56,016 | +98.0% |
| Operating profit (loss) | 9901 | -€57,141 | -€1,125 | +€56,016 | +98.0% |
| Financial charges | 65/66B | €7,166 | €1,128 | -€6,038 | -84.3% |
| Recurring financial charges | 65 | €7,166 | €1,128 | -€6,038 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | -€64,307 | -€2,253 | +€62,054 | +96.5% |
| Profit (loss) for the period | 9904 | -€64,307 | -€2,253 | +€62,054 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,307 | -€2,253 | +€62,054 | +96.5% |
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 9 October 2026 via checked.be.