DGK 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.
DGK Management
Largest movements
- Cash -€84,141
down €84,141 (-63.8%), from €131,873 to €47,732
mainly Other debts (-€104,224) and Tax, wage and social debts (-€14,927)
- Tangible fixed assets -€13,364
down €13,364 (-25.2%), from €53,100 to €39,736
of which Furniture and vehicles: -€13,090
- Other debts -€104,224
down €104,224 (-89.8%), from €116,006 to €11,782
- Profit (loss) carried forward +€26,744
up €26,744 (+145%), from €18,431 to €45,174
- Tax, wage and social debts -€14,927
down €14,927 (-58.6%), from €25,467 to €10,540
- Debts after one year -€4,822
down €4,822 (-24.1%), from €19,980 to €15,157
- Depreciation +€5,434
up €5,434 (+55.3%), from €9,827 to €15,261
- Gross operating margin -€1,710
down €1,710 (-3.2%), from €52,887 to €51,177
- Taxes -€1,414
down €1,414 (-15.5%), from €9,134 to €7,720
- Financial charges +€727
up €727 (+169%), from €430 to €1,157
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 | €187,423 | €90,005 | -€97,418 | -52.0% |
| Fixed assets | 21/28 | €55,550 | €42,186 | -€13,364 | -24.1% |
| Tangible fixed assets | 22/27 | €53,100 | €39,736 | -€13,364 | -25.2% |
| Plant, machinery and equipment | 23 | €4,667 | €4,393 | -€274 | -5.9% |
| Furniture and vehicles | 24 | €48,433 | €35,343 | -€13,090 | -27.0% |
| Financial fixed assets | 28 | €2,450 | €2,450 | = | 0.0% |
| Current assets | 29/58 | €131,873 | €47,819 | -€84,054 | -63.7% |
| Amounts receivable within one year | 40/41 | - | €87 | +€87 | |
| Other amounts receivable | 41 | - | €87 | +€87 | |
| Cash at bank and in hand | 54/58 | €131,873 | €47,732 | -€84,141 | -63.8% |
| Total equity and liabilities | 10/49 | €187,423 | €90,005 | -€97,418 | -52.0% |
| Equity | 10/15 | €20,431 | €47,174 | +€26,744 | +131% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,431 | €45,174 | +€26,744 | +145% |
| Amounts payable | 17/49 | €166,993 | €42,831 | -€124,161 | -74.4% |
| Amounts payable after more than one year | 17 | €19,980 | €15,157 | -€4,822 | -24.1% |
| Financial debts | 170/4 | €19,980 | €15,157 | -€4,822 | -24.1% |
| Amounts payable within one year | 42/48 | €147,013 | €27,674 | -€119,339 | -81.2% |
| Current portion of amounts payable after more than one year | 42 | €4,641 | €4,822 | +€181 | +3.9% |
| Trade debts | 44 | €898 | €529 | -€369 | -41.1% |
| Suppliers | 440/4 | €898 | €529 | -€369 | -41.1% |
| Taxes, remuneration and social security | 45 | €25,467 | €10,540 | -€14,927 | -58.6% |
| Taxes | 450/3 | €25,467 | €10,540 | -€14,927 | -58.6% |
| Other amounts payable | 47/48 | €116,006 | €11,782 | -€104,224 | -89.8% |
| Non-recurring operating income | 76A | - | €443 | +€443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,827 | €15,261 | +€5,434 | +55.3% |
| Other operating charges | 640/8 | €392 | €296 | -€96 | -24.4% |
| Gross operating margin | 9900 | €52,887 | €51,177 | -€1,710 | -3.2% |
| Operating profit (loss) | 9901 | €42,668 | €35,620 | -€7,048 | -16.5% |
| Financial charges | 65/66B | €430 | €1,157 | +€727 | +169% |
| Recurring financial charges | 65 | €430 | €1,157 | +€727 | +169% |
| Profit (loss) for the period before taxes | 9903 | €42,239 | €34,464 | -€7,775 | -18.4% |
| Income taxes | 67/77 | €9,134 | €7,720 | -€1,414 | -15.5% |
| Profit (loss) for the period | 9904 | €33,104 | €26,744 | -€6,361 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,104 | €26,744 | -€6,361 | -19.2% |
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 22 October 2026 via checked.be.