DGC Projects: 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 Projects
Largest movements
- Stocks and contracts +€155,609
up €155,609 (+239.3%), from €65,021 to €220,629
- Tangible fixed assets +€12,418
new in 2025: €12,418
of which Furniture and vehicles: +€11,318
- Receivables within one year -€2,546
down €2,546 (-64.8%), from €3,927 to €1,380
- Short-term financial debts +€200,000
new in 2025: €200,000
- Profit (loss) carried forward -€14,437
down €14,437 (-375.6%), from -€3,844 to -€18,281
- Debts after one year -€14,000
down €14,000 (-20.0%), from €70,000 to €56,000
- Trade debts -€6,902
down €6,902 (-85.9%), from €8,030 to €1,128
- Gross operating margin -€5,368
down €5,368 (-127.7%), from -€4,203 to -€9,571
- Financial charges +€3,948
up €3,948 (+3952.8%), from €100 to €4,048
- Depreciation +€699
new in 2025: €699
- Financial income -€459
down €459 (-100.0%), from €459 to €0
- Other operating charges +€120
new in 2025: €120
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 | €79,186 | €243,938 | +€164,752 | +208.1% |
| Fixed assets | 21/28 | - | €12,418 | +€12,418 | |
| Tangible fixed assets | 22/27 | - | €12,418 | +€12,418 | |
| Plant, machinery and equipment | 23 | - | €1,100 | +€1,100 | |
| Furniture and vehicles | 24 | - | €11,318 | +€11,318 | |
| Current assets | 29/58 | €79,186 | €231,520 | +€152,334 | +192.4% |
| Stocks and contracts in progress | 3 | €65,021 | €220,629 | +€155,609 | +239.3% |
| Stocks | 30/36 | €65,021 | €220,629 | +€155,609 | +239.3% |
| Amounts receivable within one year | 40/41 | €3,927 | €1,380 | -€2,546 | -64.8% |
| Other amounts receivable | 41 | €3,927 | €1,380 | -€2,546 | -64.8% |
| Cash at bank and in hand | 54/58 | €10,238 | €9,438 | -€801 | -7.8% |
| Deferred charges and accrued income | 490/1 | - | €72 | +€72 | |
| Total equity and liabilities | 10/49 | €79,186 | €243,938 | +€164,752 | +208.1% |
| Equity | 10/15 | €1,156 | -€13,281 | -€14,437 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,844 | -€18,281 | -€14,437 | -375.6% |
| Amounts payable | 17/49 | €78,030 | €257,219 | +€179,189 | +229.6% |
| Amounts payable after more than one year | 17 | €70,000 | €56,000 | -€14,000 | -20.0% |
| Other amounts payable | 178/9 | €70,000 | €56,000 | -€14,000 | -20.0% |
| Amounts payable within one year | 42/48 | €8,030 | €201,128 | +€193,098 | +2404.7% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €8,030 | €1,128 | -€6,902 | -85.9% |
| Suppliers | 440/4 | €8,030 | €1,128 | -€6,902 | -85.9% |
| Accrued charges and deferred income | 492/3 | - | €91 | +€91 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €699 | +€699 | |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€4,203 | -€9,571 | -€5,368 | -127.7% |
| Operating profit (loss) | 9901 | -€4,203 | -€10,390 | -€6,187 | -147.2% |
| Financial income | 75/76B | €459 | €0 | -€459 | -100.0% |
| Recurring financial income | 75 | €459 | €0 | -€459 | -100.0% |
| Financial charges | 65/66B | €100 | €4,048 | +€3,948 | +3952.8% |
| Recurring financial charges | 65 | €100 | €4,048 | +€3,948 | +3952.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,844 | -€14,437 | -€10,593 | -275.6% |
| Profit (loss) for the period | 9904 | -€3,844 | -€14,437 | -€10,593 | -275.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,844 | -€14,437 | -€10,593 | -275.6% |
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 8 October 2026 via checked.be.