District Cleantech: 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.
District Cleantech
Largest movements
- Receivables within one year +€104,029
up €104,029 (+291%), from €35,801 to €139,830
of which Trade receivables: +€78,793
- Cash -€64,853
down €64,853 (-32.0%), from €202,734 to €137,882
mainly Receivables within one year (-€104,029) and Tax, wage and social debts (-€4,892)
- Deferred charges and accrued income -€19,572
down €19,572 (-97.9%), from €19,987 to €414
- Trade debts +€24,683
up €24,683 (+67.6%), from €36,513 to €61,196
- Tax, wage and social debts -€4,892
down €4,892 (-29.0%), from €16,869 to €11,977
of which Taxes: -€8,305
- Accrued charges and deferred income +€3,592
up €3,592 (+3.3%), from €108,505 to €112,097
- Staff costs +€61,467
up €61,467 (+119%), from €51,692 to €113,159
- Gross operating margin +€20,177
up €20,177 (+21.7%), from €93,006 to €113,182
- Taxes -€8,238
down €8,238 (-97.6%), from €8,438 to €200
- Write-downs -€7,200
down €7,200 (-83.7%), from €8,600 to €1,400
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 | €259,197 | €279,910 | +€20,713 | +8.0% |
| Fixed assets | 21/28 | €675 | €1,784 | +€1,109 | +164% |
| Tangible fixed assets | 22/27 | - | €1,108 | +€1,108 | |
| Furniture and vehicles | 24 | - | €1,108 | +€1,108 | |
| Financial fixed assets | 28 | €675 | €676 | +€1 | +0.1% |
| Current assets | 29/58 | €258,522 | €278,126 | +€19,604 | +7.6% |
| Amounts receivable within one year | 40/41 | €35,801 | €139,830 | +€104,029 | +291% |
| Trade receivables | 40 | €16,685 | €95,477 | +€78,793 | +472% |
| Other amounts receivable | 41 | €19,117 | €44,353 | +€25,236 | +132% |
| Cash at bank and in hand | 54/58 | €202,734 | €137,882 | -€64,853 | -32.0% |
| Deferred charges and accrued income | 490/1 | €19,987 | €414 | -€19,572 | -97.9% |
| Total equity and liabilities | 10/49 | €259,197 | €279,910 | +€20,713 | +8.0% |
| Equity | 10/15 | €97,310 | €94,628 | -€2,683 | -2.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,310 | €19,628 | -€2,683 | -12.0% |
| Amounts payable | 17/49 | €161,887 | €185,282 | +€23,395 | +14.5% |
| Amounts payable within one year | 42/48 | €53,382 | €73,185 | +€19,803 | +37.1% |
| Trade debts | 44 | €36,513 | €61,196 | +€24,683 | +67.6% |
| Suppliers | 440/4 | €36,513 | €61,196 | +€24,683 | +67.6% |
| Taxes, remuneration and social security | 45 | €16,869 | €11,977 | -€4,892 | -29.0% |
| Taxes | 450/3 | €8,438 | €133 | -€8,305 | -98.4% |
| Remuneration and social security | 454/9 | €8,431 | €11,844 | +€3,412 | +40.5% |
| Other amounts payable | 47/48 | - | €12 | +€12 | |
| Accrued charges and deferred income | 492/3 | €108,505 | €112,097 | +€3,592 | +3.3% |
| Remuneration, social security and pensions | 62 | €51,692 | €113,159 | +€61,467 | +119% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €31 | +€31 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,600 | €1,400 | -€7,200 | -83.7% |
| Other operating charges | 640/8 | €1,354 | €741 | -€613 | -45.3% |
| Gross operating margin | 9900 | €93,006 | €113,182 | +€20,177 | +21.7% |
| Operating profit (loss) | 9901 | €31,360 | -€2,148 | -€33,508 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €611 | €341 | -€270 | -44.2% |
| Recurring financial charges | 65 | €611 | €341 | -€270 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €30,748 | -€2,483 | -€33,231 | |
| Income taxes | 67/77 | €8,438 | €200 | -€8,238 | -97.6% |
| Profit (loss) for the period | 9904 | €22,310 | -€2,683 | -€24,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,310 | -€2,683 | -€24,993 |
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 16 October 2026 via checked.be.