DRC: 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.
DRC
Largest movements
- Tangible fixed assets +€63,877
up €63,877 (+21.5%), from €296,997 to €360,873
of which Plant, machinery and equipment: +€69,898
- Receivables within one year +€41,471
up €41,471 (+37.4%), from €111,019 to €152,490
of which Other amounts receivable: +€25,750
- Stocks and contracts +€7,520
up €7,520 (+14.9%), from €50,630 to €58,150
- Reserves +€86,462
up €86,462 (+4648.5%), from €1,860 to €88,322
- Tax, wage and social debts +€24,093
up €24,093 (+137.8%), from €17,483 to €41,577
of which Taxes: +€20,978
- Trade debts -€13,327
down €13,327 (-6.3%), from €210,546 to €197,219
- Current portion of long-term debt +€11,332
up €11,332 (+30.2%), from €37,563 to €48,895
- Gross operating margin +€146,272
up €146,272 (+85.2%), from €171,617 to €317,889
- Staff costs +€26,783
up €26,783 (+31.0%), from €86,380 to €113,163
- Depreciation +€23,207
up €23,207 (+44.7%), from €51,861 to €75,068
- Taxes +€20,978
new in 2025: €20,978
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 | €471,718 | €585,093 | +€113,375 | +24.0% |
| Fixed assets | 21/28 | €298,186 | €362,062 | +€63,877 | +21.4% |
| Tangible fixed assets | 22/27 | €296,997 | €360,873 | +€63,877 | +21.5% |
| Land and buildings | 22 | €109,949 | €119,301 | +€9,352 | +8.5% |
| Plant, machinery and equipment | 23 | €25,646 | €95,544 | +€69,898 | +272.5% |
| Furniture and vehicles | 24 | €63,655 | €50,232 | -€13,423 | -21.1% |
| Leasing and similar rights | 25 | €97,746 | €91,526 | -€6,220 | -6.4% |
| Other tangible fixed assets | 26 | - | €4,270 | +€4,270 | |
| Financial fixed assets | 28 | €1,189 | €1,189 | = | 0.0% |
| Current assets | 29/58 | €173,532 | €223,030 | +€49,498 | +28.5% |
| Stocks and contracts in progress | 3 | €50,630 | €58,150 | +€7,520 | +14.9% |
| Stocks | 30/36 | €50,630 | €58,150 | +€7,520 | +14.9% |
| Amounts receivable within one year | 40/41 | €111,019 | €152,490 | +€41,471 | +37.4% |
| Trade receivables | 40 | €70,302 | €86,023 | +€15,721 | +22.4% |
| Other amounts receivable | 41 | €40,716 | €66,467 | +€25,750 | +63.2% |
| Cash at bank and in hand | 54/58 | €6,607 | €5,151 | -€1,456 | -22.0% |
| Deferred charges and accrued income | 490/1 | €5,277 | €7,240 | +€1,964 | +37.2% |
| Total equity and liabilities | 10/49 | €471,718 | €585,093 | +€113,375 | +24.0% |
| Equity | 10/15 | €21,314 | €107,775 | +€86,462 | +405.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €88,322 | +€86,462 | +4648.5% |
| Distributable reserves | 133 | €1,860 | €88,322 | +€86,462 | +4648.5% |
| Profit (loss) carried forward | 14 | €854 | €854 | = | 0.0% |
| Amounts payable | 17/49 | €450,404 | €477,317 | +€26,913 | +6.0% |
| Amounts payable after more than one year | 17 | €129,909 | €135,627 | +€5,718 | +4.4% |
| Financial debts | 170/4 | €129,909 | €135,627 | +€5,718 | +4.4% |
| Amounts payable within one year | 42/48 | €319,592 | €341,691 | +€22,099 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €37,563 | €48,895 | +€11,332 | +30.2% |
| Financial debts | 43 | €54,000 | €54,000 | = | 0.0% |
| Credit institutions | 430/8 | €54,000 | €54,000 | = | 0.0% |
| Trade debts | 44 | €210,546 | €197,219 | -€13,327 | -6.3% |
| Suppliers | 440/4 | €210,546 | €197,219 | -€13,327 | -6.3% |
| Taxes, remuneration and social security | 45 | €17,483 | €41,577 | +€24,093 | +137.8% |
| Taxes | 450/3 | €9,000 | €29,978 | +€20,978 | +233.1% |
| Remuneration and social security | 454/9 | €8,483 | €11,598 | +€3,115 | +36.7% |
| Accrued charges and deferred income | 492/3 | €904 | - | -€904 | |
| Remuneration, social security and pensions | 62 | €86,380 | €113,163 | +€26,783 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,861 | €75,068 | +€23,207 | +44.7% |
| Other operating charges | 640/8 | €7,745 | €5,880 | -€1,865 | -24.1% |
| Gross operating margin | 9900 | €171,617 | €317,889 | +€146,272 | +85.2% |
| Operating profit (loss) | 9901 | €25,631 | €123,778 | +€98,147 | +382.9% |
| Financial income | 75/76B | €123 | €14 | -€109 | -88.7% |
| Recurring financial income | 75 | €123 | €14 | -€109 | -88.7% |
| Financial charges | 65/66B | €13,587 | €16,352 | +€2,764 | +20.3% |
| Recurring financial charges | 65 | €13,587 | €16,352 | +€2,764 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €12,167 | €107,440 | +€95,274 | +783.1% |
| Income taxes | 67/77 | - | €20,978 | +€20,978 | |
| Profit (loss) for the period | 9904 | €12,167 | €86,462 | +€74,295 | +610.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,167 | €86,462 | +€74,295 | +610.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.