DGC 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.
DGC Management
Largest movements
- Tangible fixed assets +€160,189
up €160,189 (+2,842%), from €5,636 to €165,825
of which Land and buildings: +€154,236
- Cash +€25,384
up €25,384 (+33.5%), from €75,719 to €101,104
mainly Debts after one year (+€106,463) and Net result for the year (+€57,455)
- Receivables within one year -€11,122
down €11,122 (-37.4%), from €29,770 to €18,648
of which Trade receivables: -€13,000
- Debts after one year +€106,463
new in 2025: €106,463
- Reserves +€57,455
up €57,455 (+81.9%), from €70,128 to €127,583
- Current portion of long-term debt +€12,271
new in 2025: €12,271
- Tax, wage and social debts -€3,533
down €3,533 (-10.3%), from €34,166 to €30,632
of which Remuneration and social security: -€3,230
- Gross operating margin -€9,453
down €9,453 (-10.3%), from €91,809 to €82,356
- Depreciation +€2,890
up €2,890 (+755%), from €383 to €3,273
- Financial charges +€2,545
up €2,545 (+101%), from €2,532 to €5,077
- Taxes -€1,950
down €1,950 (-10.8%), from €18,072 to €16,122
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 | €113,508 | €288,155 | +€174,647 | +154% |
| Fixed assets | 21/28 | €5,636 | €165,825 | +€160,189 | +2,842% |
| Tangible fixed assets | 22/27 | €5,636 | €165,825 | +€160,189 | +2,842% |
| Land and buildings | 22 | - | €154,236 | +€154,236 | |
| Plant, machinery and equipment | 23 | - | €3,956 | +€3,956 | |
| Furniture and vehicles | 24 | - | €2,599 | +€2,599 | |
| Other tangible fixed assets | 26 | €5,636 | €5,034 | -€602 | -10.7% |
| Current assets | 29/58 | €107,872 | €122,330 | +€14,458 | +13.4% |
| Amounts receivable within one year | 40/41 | €29,770 | €18,648 | -€11,122 | -37.4% |
| Trade receivables | 40 | €29,770 | €16,770 | -€13,000 | -43.7% |
| Other amounts receivable | 41 | - | €1,878 | +€1,878 | |
| Cash at bank and in hand | 54/58 | €75,719 | €101,104 | +€25,384 | +33.5% |
| Deferred charges and accrued income | 490/1 | €2,383 | €2,579 | +€196 | +8.2% |
| Total equity and liabilities | 10/49 | €113,508 | €288,155 | +€174,647 | +154% |
| Equity | 10/15 | €74,928 | €132,383 | +€57,455 | +76.7% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €70,128 | €127,583 | +€57,455 | +81.9% |
| Distributable reserves | 133 | €70,128 | €127,583 | +€57,455 | +81.9% |
| Amounts payable | 17/49 | €38,580 | €155,772 | +€117,192 | +304% |
| Amounts payable after more than one year | 17 | - | €106,463 | +€106,463 | |
| Financial debts | 170/4 | - | €106,463 | +€106,463 | |
| Amounts payable within one year | 42/48 | €38,580 | €49,013 | +€10,433 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | - | €12,271 | +€12,271 | |
| Trade debts | 44 | €3,514 | €3,970 | +€456 | +13.0% |
| Suppliers | 440/4 | €3,514 | €3,970 | +€456 | +13.0% |
| Taxes, remuneration and social security | 45 | €34,166 | €30,632 | -€3,533 | -10.3% |
| Taxes | 450/3 | €30,936 | €30,632 | -€303 | -1.0% |
| Remuneration and social security | 454/9 | €3,230 | €0 | -€3,230 | -100% |
| Other amounts payable | 47/48 | €900 | €2,140 | +€1,240 | +138% |
| Accrued charges and deferred income | 492/3 | - | €296 | +€296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €383 | €3,273 | +€2,890 | +755% |
| Other operating charges | 640/8 | €695 | €429 | -€265 | -38.2% |
| Gross operating margin | 9900 | €91,809 | €82,356 | -€9,453 | -10.3% |
| Operating profit (loss) | 9901 | €90,732 | €78,654 | -€12,078 | -13.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,532 | €5,077 | +€2,545 | +101% |
| Recurring financial charges | 65 | €2,532 | €5,077 | +€2,545 | +101% |
| Profit (loss) for the period before taxes | 9903 | €88,200 | €73,577 | -€14,623 | -16.6% |
| Income taxes | 67/77 | €18,072 | €16,122 | -€1,950 | -10.8% |
| Profit (loss) for the period | 9904 | €70,128 | €57,455 | -€12,673 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,128 | €57,455 | -€12,673 | -18.1% |
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 14 October 2026 via checked.be.