DCM: what changed
DCM
Largest movements
- Tangible fixed assets +€41,718
new in 2025: €41,718
- Receivables within one year -€33,884
down €33,884 (-28.6%), from €118,406 to €84,521
of which Other amounts receivable: -€34,185
- Cash -€7,872
down €7,872 (-18.7%), from €42,133 to €34,261
mainly Investment in fixed assets (net) (-€44,419) and Tax, wage and social debts (-€9,039)
- Tax, wage and social debts -€9,039
down €9,039 (-56.3%), from €16,050 to €7,011
of which Remuneration and social security: -€10,749
- Reserves +€9,000
up €9,000 (+7.1%), from €125,889 to €134,889
of which Non-distributable reserves: +€9,000
- Depreciation +€2,702
new in 2025: €2,702
- Taxes +€973
up €973 (+657%), from €148 to €1,121
- Gross operating margin -€526
down €526 (-3.4%), from €15,336 to €14,810
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,539 | €160,500 | -€39 | 0.0% |
| Fixed assets | 21/28 | - | €41,718 | +€41,718 | |
| Tangible fixed assets | 22/27 | - | €41,718 | +€41,718 | |
| Furniture and vehicles | 24 | - | €41,718 | +€41,718 | |
| Current assets | 29/58 | €160,539 | €118,783 | -€41,757 | -26.0% |
| Amounts receivable within one year | 40/41 | €118,406 | €84,521 | -€33,884 | -28.6% |
| Trade receivables | 40 | €80,445 | €80,746 | +€301 | +0.4% |
| Other amounts receivable | 41 | €37,961 | €3,776 | -€34,185 | -90.1% |
| Cash at bank and in hand | 54/58 | €42,133 | €34,261 | -€7,872 | -18.7% |
| Total equity and liabilities | 10/49 | €160,539 | €160,500 | -€39 | 0.0% |
| Equity | 10/15 | €144,489 | €153,489 | +€9,000 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €125,889 | €134,889 | +€9,000 | +7.1% |
| Non-distributable reserves | 130/1 | - | €9,000 | +€9,000 | |
| Other | 1319 | - | €9,000 | +€9,000 | |
| Distributable reserves | 133 | €125,889 | €125,889 | = | 0.0% |
| Amounts payable | 17/49 | €16,050 | €7,011 | -€9,039 | -56.3% |
| Amounts payable within one year | 42/48 | €16,050 | €7,011 | -€9,039 | -56.3% |
| Taxes, remuneration and social security | 45 | €16,050 | €7,011 | -€9,039 | -56.3% |
| Taxes | 450/3 | €1,050 | €2,760 | +€1,709 | +163% |
| Remuneration and social security | 454/9 | €15,000 | €4,251 | -€10,749 | -71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,702 | +€2,702 | |
| Other operating charges | 640/8 | €529 | €471 | -€58 | -11.0% |
| Gross operating margin | 9900 | €15,336 | €14,810 | -€526 | -3.4% |
| Operating profit (loss) | 9901 | €14,806 | €11,637 | -€3,169 | -21.4% |
| Financial income | 75/76B | €113 | €240 | +€127 | +113% |
| Recurring financial income | 75 | €113 | €240 | +€127 | +113% |
| Financial charges | 65/66B | €27 | €54 | +€27 | +99.7% |
| Recurring financial charges | 65 | €27 | €54 | +€27 | +99.7% |
| Profit (loss) for the period before taxes | 9903 | €14,892 | €11,823 | -€3,069 | -20.6% |
| Income taxes | 67/77 | €148 | €1,121 | +€973 | +657% |
| Profit (loss) for the period | 9904 | €14,744 | €10,702 | -€4,042 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,744 | €10,702 | -€4,042 | -27.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.