DKDC: 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.
DKDC
Largest movements
- Tangible fixed assets -€311,696
down €311,696 (-28.1%), from €1.1m to €795,665
of which Land and buildings: -€308,241
- Cash +€178,707
up €178,707 (+208%), from €86,105 to €264,812
mainly Other debts (+€334,073) and Investment in fixed assets (net) (+€280,501)
- Other debts +€334,073
up €334,073 (+261%), from €127,830 to €461,903
- Debts after one year -€323,212
down €323,212 (-27.2%), from €1.2m to €867,042
- Reserves -€239,000
down €239,000 (-46.1%), from €517,904 to €278,904
- Trade debts +€74,596
up €74,596 (+413%), from €18,059 to €92,655
- Tax, wage and social debts +€54,631
up €54,631 (+182%), from €29,986 to €84,617
- Gross operating margin +€70,257
up €70,257 (+48.6%), from €144,612 to €214,869
- Taxes +€21,381
up €21,381 (+192%), from €11,154 to €32,535
- Financial income +€19,918
up €19,918 (+36.5%), from €54,576 to €74,494
- Depreciation -€5,112
down €5,112 (-14.1%), from €36,307 to €31,195
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 | €1,981,818 | €1,866,867 | -€114,952 | -5.8% |
| Fixed assets | 21/28 | €1,832,921 | €1,521,225 | -€311,696 | -17.0% |
| Tangible fixed assets | 22/27 | €1,107,361 | €795,665 | -€311,696 | -28.1% |
| Land and buildings | 22 | €1,098,022 | €789,780 | -€308,241 | -28.1% |
| Plant, machinery and equipment | 23 | €7,263 | €4,227 | -€3,037 | -41.8% |
| Furniture and vehicles | 24 | €2,076 | €1,658 | -€418 | -20.1% |
| Financial fixed assets | 28 | €725,560 | €725,560 | = | 0.0% |
| Current assets | 29/58 | €148,897 | €345,642 | +€196,745 | +132% |
| Amounts receivable within one year | 40/41 | €62,116 | €80,251 | +€18,135 | +29.2% |
| Trade receivables | 40 | €46,101 | €75,845 | +€29,744 | +64.5% |
| Other amounts receivable | 41 | €16,015 | €4,406 | -€11,609 | -72.5% |
| Cash at bank and in hand | 54/58 | €86,105 | €264,812 | +€178,707 | +208% |
| Deferred charges and accrued income | 490/1 | €676 | €579 | -€97 | -14.4% |
| Total equity and liabilities | 10/49 | €1,981,818 | €1,866,867 | -€114,952 | -5.8% |
| Equity | 10/15 | €536,542 | €300,315 | -€236,227 | -44.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €517,904 | €278,904 | -€239,000 | -46.1% |
| Distributable reserves | 133 | €517,904 | €278,904 | -€239,000 | -46.1% |
| Profit (loss) carried forward | 14 | €38 | €2,811 | +€2,773 | +7,295% |
| Amounts payable | 17/49 | €1,445,276 | €1,566,552 | +€121,276 | +8.4% |
| Amounts payable after more than one year | 17 | €1,190,254 | €867,042 | -€323,212 | -27.2% |
| Financial debts | 170/4 | €1,190,254 | €867,042 | -€323,212 | -27.2% |
| Amounts payable within one year | 42/48 | €244,201 | €691,688 | +€447,487 | +183% |
| Current portion of amounts payable after more than one year | 42 | €68,326 | €52,512 | -€15,814 | -23.1% |
| Trade debts | 44 | €18,059 | €92,655 | +€74,596 | +413% |
| Suppliers | 440/4 | €18,059 | €92,655 | +€74,596 | +413% |
| Taxes, remuneration and social security | 45 | €29,986 | €84,617 | +€54,631 | +182% |
| Taxes | 450/3 | €29,986 | €84,617 | +€54,631 | +182% |
| Other amounts payable | 47/48 | €127,830 | €461,903 | +€334,073 | +261% |
| Accrued charges and deferred income | 492/3 | €10,821 | €7,822 | -€2,999 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,307 | €31,195 | -€5,112 | -14.1% |
| Other operating charges | 640/8 | €7,535 | €8,158 | +€623 | +8.3% |
| Gross operating margin | 9900 | €144,612 | €214,869 | +€70,257 | +48.6% |
| Operating profit (loss) | 9901 | €100,770 | €175,516 | +€74,746 | +74.2% |
| Financial income | 75/76B | €54,576 | €74,494 | +€19,918 | +36.5% |
| Recurring financial income | 75 | €54,576 | €74,494 | +€19,918 | +36.5% |
| Financial charges | 65/66B | €54,498 | €53,702 | -€795 | -1.5% |
| Recurring financial charges | 65 | €54,498 | €53,702 | -€795 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €100,848 | €196,307 | +€95,459 | +94.7% |
| Income taxes | 67/77 | €11,154 | €32,535 | +€21,381 | +192% |
| Profit (loss) for the period | 9904 | €89,694 | €163,773 | +€74,079 | +82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €89,694 | €163,773 | +€74,079 | +82.6% |
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 31 October 2026 via checked.be.