DYCOM: 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.
DYCOM
Largest movements
- Cash +€36,123
up €36,123 (+175.5%), from €20,583 to €56,706
mainly Net result for the year (+€74,875) and Depreciation (+€19,259)
- Tangible fixed assets +€7,302
up €7,302 (+2.3%), from €311,859 to €319,161
of which Furniture and vehicles: +€13,858
- Current investments +€7,269
up €7,269 (+14.1%), from €51,731 to €59,000
- Reserves +€74,875
up €74,875 (+27.0%), from €276,963 to €351,838
- Debts after one year -€9,424
down €9,424 (-8.1%), from €116,796 to €107,372
of which Financial debts: -€9,424
- Trade debts -€6,924
down €6,924 (-90.0%), from €7,695 to €771
- Tax, wage and social debts -€5,239
down €5,239 (-27.2%), from €19,241 to €14,003
- Gross operating margin +€39,886
up €39,886 (+47.7%), from €83,627 to €123,513
- Depreciation +€14,877
up €14,877 (+339.6%), from €4,381 to €19,259
- Taxes +€8,470
up €8,470 (+39.0%), from €21,716 to €30,185
- Financial income +€4,269
up €4,269 (+1641.6%), from €260 to €4,529
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 | €437,149 | €493,536 | +€56,386 | +12.9% |
| Fixed assets | 21/28 | €311,859 | €319,161 | +€7,302 | +2.3% |
| Tangible fixed assets | 22/27 | €311,859 | €319,161 | +€7,302 | +2.3% |
| Land and buildings | 22 | €303,319 | €298,368 | -€4,951 | -1.6% |
| Plant, machinery and equipment | 23 | €1,680 | €410 | -€1,269 | -75.6% |
| Furniture and vehicles | 24 | €3,744 | €17,601 | +€13,858 | +370.2% |
| Other tangible fixed assets | 26 | €3,117 | €2,782 | -€335 | -10.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €125,290 | €174,374 | +€49,084 | +39.2% |
| Amounts receivable within one year | 40/41 | €49,590 | €54,413 | +€4,823 | +9.7% |
| Trade receivables | 40 | €44,513 | €47,717 | +€3,204 | +7.2% |
| Other amounts receivable | 41 | €5,077 | €6,696 | +€1,620 | +31.9% |
| Current investments | 50/53 | €51,731 | €59,000 | +€7,269 | +14.1% |
| Cash at bank and in hand | 54/58 | €20,583 | €56,706 | +€36,123 | +175.5% |
| Deferred charges and accrued income | 490/1 | €3,387 | €4,256 | +€869 | +25.6% |
| Total equity and liabilities | 10/49 | €437,149 | €493,536 | +€56,386 | +12.9% |
| Equity | 10/15 | €283,163 | €358,038 | +€74,875 | +26.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €276,963 | €351,838 | +€74,875 | +27.0% |
| Distributable reserves | 133 | €276,963 | €351,838 | +€74,875 | +27.0% |
| Amounts payable | 17/49 | €153,986 | €135,498 | -€18,488 | -12.0% |
| Amounts payable after more than one year | 17 | €116,796 | €107,372 | -€9,424 | -8.1% |
| Financial debts | 170/4 | €116,796 | €107,372 | -€9,424 | -8.1% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €37,190 | €27,146 | -€10,044 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €9,265 | €9,424 | +€159 | +1.7% |
| Financial debts | 43 | €989 | €2,369 | +€1,380 | +139.6% |
| Credit institutions | 430/8 | €989 | €2,369 | +€1,380 | +139.6% |
| Trade debts | 44 | €7,695 | €771 | -€6,924 | -90.0% |
| Suppliers | 440/4 | €7,695 | €771 | -€6,924 | -90.0% |
| Taxes, remuneration and social security | 45 | €19,241 | €14,003 | -€5,239 | -27.2% |
| Taxes | 450/3 | €19,241 | €14,003 | -€5,239 | -27.2% |
| Other amounts payable | 47/48 | - | €579 | +€579 | |
| Accrued charges and deferred income | 492/3 | - | €980 | +€980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,381 | €19,259 | +€14,877 | +339.6% |
| Other operating charges | 640/8 | €988 | €1,201 | +€213 | +21.5% |
| Gross operating margin | 9900 | €83,627 | €123,513 | +€39,886 | +47.7% |
| Operating profit (loss) | 9901 | €78,258 | €103,054 | +€24,796 | +31.7% |
| Financial income | 75/76B | €260 | €4,529 | +€4,269 | +1641.6% |
| Recurring financial income | 75 | €260 | €4,529 | +€4,269 | +1641.6% |
| Financial charges | 65/66B | €2,846 | €2,523 | -€324 | -11.4% |
| Recurring financial charges | 65 | €2,846 | €2,523 | -€324 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €75,671 | €105,060 | +€29,389 | +38.8% |
| Income taxes | 67/77 | €21,716 | €30,185 | +€8,470 | +39.0% |
| Profit (loss) for the period | 9904 | €53,956 | €74,875 | +€20,919 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,956 | €74,875 | +€20,919 | +38.8% |
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 7 October 2026 via checked.be.