DJC 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.
DJC Projects
Largest movements
- Tangible fixed assets -€21,288
down €21,288 (-3.2%), from €672,098 to €650,810
of which Land and buildings: -€15,604
- Cash -€20,854
down €20,854 (-43.7%), from €47,705 to €26,851
mainly Debts after one year (-€35,009) and Other debts (-€20,657)
- Receivables within one year -€18,878
down €18,878 (-52.9%), from €35,659 to €16,781
of which Trade receivables: -€21,863
- Debts after one year -€35,009
down €35,009 (-14.3%), from €244,061 to €209,053
- Other debts -€20,657
down €20,657 (-12.3%), from €168,137 to €147,480
- Reserves +€13,798
up €13,798 (+38.1%), from €36,233 to €50,032
of which Distributable reserves: +€13,798
- Tax, wage and social debts -€8,453
down €8,453 (-46.7%), from €18,110 to €9,657
- Financial income +€11,913
new in 2025: €11,913
- Financial charges -€8,214
down €8,214 (-35.8%), from €22,975 to €14,762
- Depreciation +€5,726
up €5,726 (+18.2%), from €31,458 to €37,185
- Taxes +€4,009
up €4,009 (+5429.4%), from €74 to €4,082
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 | €756,023 | €695,181 | -€60,842 | -8.0% |
| Fixed assets | 21/28 | €672,098 | €650,810 | -€21,288 | -3.2% |
| Tangible fixed assets | 22/27 | €672,098 | €650,810 | -€21,288 | -3.2% |
| Land and buildings | 22 | €633,899 | €618,295 | -€15,604 | -2.5% |
| Plant, machinery and equipment | 23 | €36,052 | €30,164 | -€5,888 | -16.3% |
| Furniture and vehicles | 24 | €2,147 | €2,351 | +€204 | +9.5% |
| Current assets | 29/58 | €83,925 | €44,371 | -€39,554 | -47.1% |
| Amounts receivable within one year | 40/41 | €35,659 | €16,781 | -€18,878 | -52.9% |
| Trade receivables | 40 | €32,733 | €10,870 | -€21,863 | -66.8% |
| Other amounts receivable | 41 | €2,926 | €5,911 | +€2,985 | +102.0% |
| Cash at bank and in hand | 54/58 | €47,705 | €26,851 | -€20,854 | -43.7% |
| Deferred charges and accrued income | 490/1 | €561 | €740 | +€179 | +31.9% |
| Total equity and liabilities | 10/49 | €756,023 | €695,181 | -€60,842 | -8.0% |
| Equity | 10/15 | €262,081 | €273,345 | +€11,263 | +4.3% |
| Contributions | 10/11 | €164,355 | €164,355 | = | 0.0% |
| Revaluation surpluses | 12 | €58,958 | €58,958 | = | 0.0% |
| Reserves | 13 | €36,233 | €50,032 | +€13,798 | +38.1% |
| Tax-exempt reserves | 132 | €2,208 | €2,208 | = | 0.0% |
| Distributable reserves | 133 | €34,026 | €47,824 | +€13,798 | +40.6% |
| Profit (loss) carried forward | 14 | €2,535 | - | -€2,535 | |
| Amounts payable | 17/49 | €493,942 | €421,837 | -€72,105 | -14.6% |
| Amounts payable after more than one year | 17 | €244,061 | €209,053 | -€35,009 | -14.3% |
| Financial debts | 170/4 | €244,061 | €209,053 | -€35,009 | -14.3% |
| Amounts payable within one year | 42/48 | €225,220 | €194,040 | -€31,179 | -13.8% |
| Current portion of amounts payable after more than one year | 42 | €34,306 | €35,009 | +€702 | +2.0% |
| Trade debts | 44 | €4,667 | €1,895 | -€2,772 | -59.4% |
| Suppliers | 440/4 | €4,667 | €1,895 | -€2,772 | -59.4% |
| Taxes, remuneration and social security | 45 | €18,110 | €9,657 | -€8,453 | -46.7% |
| Taxes | 450/3 | €18,110 | €9,657 | -€8,453 | -46.7% |
| Other amounts payable | 47/48 | €168,137 | €147,480 | -€20,657 | -12.3% |
| Accrued charges and deferred income | 492/3 | €24,661 | €18,744 | -€5,917 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,458 | €37,185 | +€5,726 | +18.2% |
| Other operating charges | 640/8 | €7,149 | €6,772 | -€377 | -5.3% |
| Non-recurring operating charges | 66A | - | €161 | +€161 | |
| Gross operating margin | 9900 | €61,952 | €62,312 | +€360 | +0.6% |
| Operating profit (loss) | 9901 | €23,345 | €18,194 | -€5,150 | -22.1% |
| Financial income | 75/76B | - | €11,913 | +€11,913 | |
| Recurring financial income | 75 | - | €11,913 | +€11,913 | |
| Financial charges | 65/66B | €22,975 | €14,762 | -€8,214 | -35.8% |
| Recurring financial charges | 65 | €22,975 | €14,762 | -€8,214 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €369 | €15,346 | +€14,976 | +4056.9% |
| Income taxes | 67/77 | €74 | €4,082 | +€4,009 | +5429.4% |
| Profit (loss) for the period | 9904 | €295 | €11,263 | +€10,968 | +3713.8% |
| Profit (loss) for the period to be appropriated | 9905 | €295 | €11,263 | +€10,968 | +3713.8% |
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 2 October 2026 via checked.be.