DNC TAG: 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.
DNC TAG
Largest movements
- Stocks and contracts -€53,217
down €53,217 (-54.0%), from €98,505 to €45,288
- Receivables within one year +€11,507
up €11,507 (+19.9%), from €57,763 to €69,270
of which Trade receivables: +€7,926
- Deferred charges and accrued income -€7,533
down €7,533 (-22.2%), from €33,920 to €26,387
- Short-term financial debts -€39,274
down €39,274 (-79.3%), from €49,537 to €10,263
- Current portion of long-term debt -€11,379
no longer reported in 2025 (was €11,379)
- Profit (loss) carried forward -€11,119
down €11,119, from €1,410 to -€9,709
- Other debts +€10,710
up €10,710 (+45.9%), from €23,319 to €34,029
- Gross operating margin -€11,197
down €11,197, from €10,482 to -€715
- Financial charges +€1,660
up €1,660 (+26.6%), from €6,238 to €7,898
- Taxes -€703
down €703 (-90.9%), from €773 to €70
- Depreciation -€649
down €649 (-21.0%), from €3,086 to €2,437
- Other operating charges -€288
no longer reported in 2025 (was €288)
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 | €345,022 | €295,236 | -€49,786 | -14.4% |
| Fixed assets | 21/28 | €4,830 | €4,286 | -€544 | -11.3% |
| Tangible fixed assets | 22/27 | €4,830 | €4,286 | -€544 | -11.3% |
| Furniture and vehicles | 24 | €224 | €1,651 | +€1,427 | +637.1% |
| Leasing and similar rights | 25 | €1,919 | €958 | -€961 | -50.1% |
| Other tangible fixed assets | 26 | €2,687 | €1,677 | -€1,010 | -37.6% |
| Current assets | 29/58 | €340,192 | €290,950 | -€49,242 | -14.5% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €98,505 | €45,288 | -€53,217 | -54.0% |
| Stocks | 30/36 | €98,505 | €45,288 | -€53,217 | -54.0% |
| Amounts receivable within one year | 40/41 | €57,763 | €69,270 | +€11,507 | +19.9% |
| Trade receivables | 40 | €49,486 | €57,412 | +€7,926 | +16.0% |
| Other amounts receivable | 41 | €8,277 | €11,858 | +€3,581 | +43.3% |
| Cash at bank and in hand | 54/58 | €4 | €5 | +€1 | +25.0% |
| Deferred charges and accrued income | 490/1 | €33,920 | €26,387 | -€7,533 | -22.2% |
| Total equity and liabilities | 10/49 | €345,022 | €295,236 | -€49,786 | -14.4% |
| Equity | 10/15 | €191,210 | €180,091 | -€11,119 | -5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €169,800 | €169,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,747 | €1,747 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,747 | €1,747 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,053 | €3,053 | = | 0.0% |
| Distributable reserves | 133 | €165,000 | €165,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,410 | -€9,709 | -€11,119 | |
| Amounts payable | 17/49 | €153,812 | €115,145 | -€38,667 | -25.1% |
| Amounts payable after more than one year | 17 | €800 | €800 | = | 0.0% |
| Financial debts | 170/4 | €800 | €800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €152,977 | €114,345 | -€38,632 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €11,379 | - | -€11,379 | |
| Financial debts | 43 | €49,537 | €10,263 | -€39,274 | -79.3% |
| Credit institutions | 430/8 | €49,537 | €10,263 | -€39,274 | -79.3% |
| Trade debts | 44 | €62,305 | €62,922 | +€617 | +1.0% |
| Suppliers | 440/4 | €62,305 | €62,922 | +€617 | +1.0% |
| Taxes, remuneration and social security | 45 | €6,437 | €7,131 | +€694 | +10.8% |
| Taxes | 450/3 | €3,937 | €4,631 | +€694 | +17.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €23,319 | €34,029 | +€10,710 | +45.9% |
| Accrued charges and deferred income | 492/3 | €35 | - | -€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,086 | €2,437 | -€649 | -21.0% |
| Other operating charges | 640/8 | €288 | - | -€288 | |
| Gross operating margin | 9900 | €10,482 | -€715 | -€11,197 | |
| Operating profit (loss) | 9901 | €7,108 | -€3,152 | -€10,260 | |
| Financial income | 75/76B | €42 | - | -€42 | |
| Recurring financial income | 75 | €42 | - | -€42 | |
| Financial charges | 65/66B | €6,238 | €7,898 | +€1,660 | +26.6% |
| Recurring financial charges | 65 | €6,238 | €7,898 | +€1,660 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €912 | -€11,050 | -€11,962 | |
| Income taxes | 67/77 | €773 | €70 | -€703 | -90.9% |
| Profit (loss) for the period | 9904 | €139 | -€11,120 | -€11,259 | |
| Profit (loss) for the period to be appropriated | 9905 | €139 | -€11,120 | -€11,259 |
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 4 October 2026 via checked.be.