DTR PROJECTS: 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.
DTR PROJECTS
Largest movements
- Tangible fixed assets -€36,795
down €36,795 (-6.4%), from €571,316 to €534,521
- Current investments +€18,886
up €18,886 (+6.6%), from €287,334 to €306,220
No liability line moved by more than 1% of the balance sheet total.
- Financial charges +€3,566
up €3,566 (+841.0%), from €424 to €3,990
- Gross operating margin -€2,281
down €2,281 (-6.7%), from €33,850 to €31,569
- Financial income +€1,476
up €1,476 (+42.4%), from €3,484 to €4,960
- Taxes -€354
down €354 (-30.5%), from €1,160 to €806
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 | €879,480 | €860,524 | -€18,956 | -2.2% |
| Fixed assets | 21/28 | €571,316 | €534,521 | -€36,795 | -6.4% |
| Tangible fixed assets | 22/27 | €571,316 | €534,521 | -€36,795 | -6.4% |
| Land and buildings | 22 | €571,316 | €534,521 | -€36,795 | -6.4% |
| Current assets | 29/58 | €308,164 | €326,003 | +€17,839 | +5.8% |
| Amounts receivable within one year | 40/41 | €3,717 | €5,668 | +€1,951 | +52.5% |
| Other amounts receivable | 41 | €3,717 | €5,668 | +€1,951 | +52.5% |
| Current investments | 50/53 | €287,334 | €306,220 | +€18,886 | +6.6% |
| Cash at bank and in hand | 54/58 | €16,756 | €13,793 | -€2,963 | -17.7% |
| Deferred charges and accrued income | 490/1 | €357 | €322 | -€35 | -9.8% |
| Total equity and liabilities | 10/49 | €879,480 | €860,524 | -€18,956 | -2.2% |
| Equity | 10/15 | €665,255 | €659,724 | -€5,531 | -0.8% |
| Contributions | 10/11 | €207,600 | €207,600 | = | 0.0% |
| Reserves | 13 | €457,655 | €452,124 | -€5,531 | -1.2% |
| Tax-exempt reserves | 132 | €171,186 | €159,245 | -€11,941 | -7.0% |
| Distributable reserves | 133 | €286,469 | €292,879 | +€6,410 | +2.2% |
| Provisions and deferred taxes | 16 | €88,147 | €81,999 | -€6,148 | -7.0% |
| Deferred taxes | 168 | €88,147 | €81,999 | -€6,148 | -7.0% |
| Amounts payable | 17/49 | €126,078 | €118,801 | -€7,277 | -5.8% |
| Amounts payable after more than one year | 17 | €117,000 | €110,000 | -€7,000 | -6.0% |
| Other amounts payable | 178/9 | €117,000 | €110,000 | -€7,000 | -6.0% |
| Amounts payable within one year | 42/48 | €4,344 | €4,347 | +€3 | +0.1% |
| Trade debts | 44 | €1,763 | €1,296 | -€467 | -26.5% |
| Suppliers | 440/4 | €1,763 | €1,296 | -€467 | -26.5% |
| Advances received on contracts in progress | 46 | €1,400 | €1,800 | +€400 | +28.6% |
| Taxes, remuneration and social security | 45 | €1,000 | €641 | -€359 | -35.9% |
| Taxes | 450/3 | €1,000 | €641 | -€359 | -35.9% |
| Other amounts payable | 47/48 | €181 | €610 | +€429 | +237.0% |
| Accrued charges and deferred income | 492/3 | €4,734 | €4,454 | -€280 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,915 | €36,795 | -€120 | -0.3% |
| Other operating charges | 640/8 | €6,306 | €6,617 | +€311 | +4.9% |
| Gross operating margin | 9900 | €33,850 | €31,569 | -€2,281 | -6.7% |
| Operating profit (loss) | 9901 | -€9,371 | -€11,843 | -€2,472 | -26.4% |
| Financial income | 75/76B | €3,484 | €4,960 | +€1,476 | +42.4% |
| Recurring financial income | 75 | €3,484 | €4,960 | +€1,476 | +42.4% |
| Financial charges | 65/66B | €424 | €3,990 | +€3,566 | +841.0% |
| Recurring financial charges | 65 | €424 | €3,990 | +€3,566 | +841.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,311 | -€10,873 | -€4,562 | -72.3% |
| Transfer from deferred taxes | 780 | €6,149 | €6,148 | -€1 | 0.0% |
| Income taxes | 67/77 | €1,160 | €806 | -€354 | -30.5% |
| Profit (loss) for the period | 9904 | -€1,322 | -€5,531 | -€4,209 | -318.4% |
| Transfer from tax-exempt reserves | 789 | €11,941 | €11,941 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,619 | €6,410 | -€4,209 | -39.6% |
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 11 October 2026 via checked.be.