DGC Concept: 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.
DGC Concept
Largest movements
- Receivables within one year -€41,266
down €41,266 (-93.4%), from €44,202 to €2,937
of which Trade receivables: -€39,266
- Deferred charges and accrued income -€12,491
down €12,491 (-61.5%), from €20,305 to €7,814
- Tangible fixed assets -€9,829
down €9,829 (-11.9%), from €82,458 to €72,629
of which Other tangible fixed assets: -€13,169
- Cash +€3,295
up €3,295 (+959.1%), from €344 to €3,638
mainly Receivables within one year (+€41,266) and Trade debts (+€24,051)
- Other debts -€48,541
down €48,541 (-87.8%), from €55,310 to €6,769
- Trade debts +€24,051
up €24,051 (+161.0%), from €14,936 to €38,986
- Profit (loss) carried forward -€17,151
down €17,151 (-79.5%), from €21,581 to €4,430
- Current portion of long-term debt -€9,962
down €9,962 (-100.0%), from €9,962 to €0
- Tax, wage and social debts -€8,688
down €8,688 (-23.2%), from €37,460 to €28,772
of which Taxes: -€5,180
- Gross operating margin -€29,024
down €29,024 (-29.5%), from €98,239 to €69,216
- Staff costs -€5,105
down €5,105 (-9.9%), from €51,694 to €46,590
- Taxes -€4,297
down €4,297 (-81.5%), from €5,275 to €978
- Financial charges -€3,226
down €3,226 (-11.8%), from €27,316 to €24,090
- Depreciation -€1,972
down €1,972 (-12.2%), from €16,190 to €14,219
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 | €147,309 | €87,018 | -€60,291 | -40.9% |
| Fixed assets | 21/28 | €82,458 | €72,629 | -€9,829 | -11.9% |
| Tangible fixed assets | 22/27 | €82,458 | €72,629 | -€9,829 | -11.9% |
| Plant, machinery and equipment | 23 | €1,038 | €3,694 | +€2,656 | +255.8% |
| Furniture and vehicles | 24 | €718 | €1,402 | +€684 | +95.3% |
| Other tangible fixed assets | 26 | €80,702 | €67,533 | -€13,169 | -16.3% |
| Current assets | 29/58 | €64,851 | €14,389 | -€50,462 | -77.8% |
| Amounts receivable within one year | 40/41 | €44,202 | €2,937 | -€41,266 | -93.4% |
| Trade receivables | 40 | €39,266 | €0 | -€39,266 | -100.0% |
| Other amounts receivable | 41 | €4,937 | €2,937 | -€2,000 | -40.5% |
| Cash at bank and in hand | 54/58 | €344 | €3,638 | +€3,295 | +959.1% |
| Deferred charges and accrued income | 490/1 | €20,305 | €7,814 | -€12,491 | -61.5% |
| Total equity and liabilities | 10/49 | €147,309 | €87,018 | -€60,291 | -40.9% |
| Equity | 10/15 | €29,641 | €12,490 | -€17,151 | -57.9% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,581 | €4,430 | -€17,151 | -79.5% |
| Amounts payable | 17/49 | €117,668 | €74,528 | -€43,140 | -36.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €117,668 | €74,528 | -€43,140 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €9,962 | €0 | -€9,962 | -100.0% |
| Trade debts | 44 | €14,936 | €38,986 | +€24,051 | +161.0% |
| Suppliers | 440/4 | €14,936 | €38,986 | +€24,051 | +161.0% |
| Taxes, remuneration and social security | 45 | €37,460 | €28,772 | -€8,688 | -23.2% |
| Taxes | 450/3 | €25,992 | €20,812 | -€5,180 | -19.9% |
| Remuneration and social security | 454/9 | €11,469 | €7,960 | -€3,508 | -30.6% |
| Other amounts payable | 47/48 | €55,310 | €6,769 | -€48,541 | -87.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €51,694 | €46,590 | -€5,105 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,190 | €14,219 | -€1,972 | -12.2% |
| Other operating charges | 640/8 | €558 | €493 | -€66 | -11.8% |
| Gross operating margin | 9900 | €98,239 | €69,216 | -€29,024 | -29.5% |
| Operating profit (loss) | 9901 | €29,796 | €7,915 | -€21,882 | -73.4% |
| Financial income | 75/76B | €7 | €2 | -€4 | -68.7% |
| Recurring financial income | 75 | €7 | €2 | -€4 | -68.7% |
| Financial charges | 65/66B | €27,316 | €24,090 | -€3,226 | -11.8% |
| Recurring financial charges | 65 | €27,316 | €24,090 | -€3,226 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €2,487 | -€16,173 | -€18,660 | |
| Income taxes | 67/77 | €5,275 | €978 | -€4,297 | -81.5% |
| Profit (loss) for the period | 9904 | -€2,788 | -€17,151 | -€14,362 | -515.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,788 | -€17,151 | -€14,362 | -515.1% |
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 2 October 2026 via checked.be.