DGTZ: 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.
DGTZ
Largest movements
- Cash +€123,247
up €123,247 (+326.1%), from €37,791 to €161,038
mainly Net result for the year (+€128,235) and Tax, wage and social debts (+€25,091)
- Tangible fixed assets +€50,512
up €50,512 (+2522.3%), from €2,003 to €52,515
- Receivables within one year -€23,261
down €23,261 (-51.0%), from €45,602 to €22,341
of which Trade receivables: -€24,140
- Reserves +€128,235
new in 2025: €128,235
- Tax, wage and social debts +€25,091
up €25,091 (+93.1%), from €26,956 to €52,047
- Gross operating margin +€124,933
up €124,933 (+189.7%), from €65,872 to €190,805
- Taxes +€40,493
up €40,493 (+308.1%), from €13,141 to €53,634
- Depreciation +€8,967
up €8,967 (+7658.5%), from €117 to €9,084
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 | €85,395 | €237,939 | +€152,543 | +178.6% |
| Fixed assets | 21/28 | €2,003 | €52,515 | +€50,512 | +2522.3% |
| Tangible fixed assets | 22/27 | €2,003 | €52,515 | +€50,512 | +2522.3% |
| Furniture and vehicles | 24 | €2,003 | €52,515 | +€50,512 | +2522.3% |
| Current assets | 29/58 | €83,393 | €185,424 | +€102,031 | +122.4% |
| Amounts receivable within one year | 40/41 | €45,602 | €22,341 | -€23,261 | -51.0% |
| Trade receivables | 40 | €45,602 | €21,462 | -€24,140 | -52.9% |
| Other amounts receivable | 41 | - | €879 | +€879 | |
| Cash at bank and in hand | 54/58 | €37,791 | €161,038 | +€123,247 | +326.1% |
| Deferred charges and accrued income | 490/1 | - | €2,045 | +€2,045 | |
| Total equity and liabilities | 10/49 | €85,395 | €237,939 | +€152,543 | +178.6% |
| Equity | 10/15 | €55,606 | €183,841 | +€128,235 | +230.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €128,235 | +€128,235 | |
| Distributable reserves | 133 | - | €128,235 | +€128,235 | |
| Profit (loss) carried forward | 14 | €52,606 | €52,606 | = | 0.0% |
| Amounts payable | 17/49 | €29,790 | €54,098 | +€24,308 | +81.6% |
| Amounts payable within one year | 42/48 | €29,790 | €52,162 | +€22,372 | +75.1% |
| Trade debts | 44 | €1,079 | €115 | -€964 | -89.3% |
| Suppliers | 440/4 | €1,079 | €115 | -€964 | -89.3% |
| Taxes, remuneration and social security | 45 | €26,956 | €52,047 | +€25,091 | +93.1% |
| Taxes | 450/3 | €26,956 | €52,047 | +€25,091 | +93.1% |
| Other amounts payable | 47/48 | €1,755 | - | -€1,755 | |
| Accrued charges and deferred income | 492/3 | - | €1,936 | +€1,936 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117 | €9,084 | +€8,967 | +7658.5% |
| Gross operating margin | 9900 | €65,872 | €190,805 | +€124,933 | +189.7% |
| Operating profit (loss) | 9901 | €65,755 | €181,720 | +€115,965 | +176.4% |
| Financial income | 75/76B | - | €210 | +€210 | |
| Recurring financial income | 75 | - | €210 | +€210 | |
| Financial charges | 65/66B | €8 | €61 | +€53 | +670.8% |
| Recurring financial charges | 65 | €8 | €61 | +€53 | +670.8% |
| Profit (loss) for the period before taxes | 9903 | €65,747 | €181,869 | +€116,122 | +176.6% |
| Income taxes | 67/77 | €13,141 | €53,634 | +€40,493 | +308.1% |
| Profit (loss) for the period | 9904 | €52,606 | €128,235 | +€75,630 | +143.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,606 | €128,235 | +€75,630 | +143.8% |
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.