DC LOCATION: 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.
DC LOCATION
Largest movements
- Tangible fixed assets -€634,212
down €634,212 (-58.2%), from €1.1m to €455,062
of which Leasing and similar rights: -€634,588
- Receivables within one year +€278,174
up €278,174 (+65.0%), from €427,870 to €706,044
of which Other amounts receivable: +€163,246
- Trade debts +€554,729
up €554,729 (+258%), from €215,155 to €769,884
- Current portion of long-term debt -€446,999
down €446,999 (-72.5%), from €616,923 to €169,924
- Other debts -€313,290
down €313,290 (-100%), from €313,290 to €0
- Debts after one year -€159,365
down €159,365 (-80.7%), from €197,523 to €38,158
- Gross operating margin -€323,562
down €323,562 (-31.2%), from €1.0m to €714,500
- Depreciation -€261,527
down €261,527 (-28.7%), from €911,435 to €649,908
- Financial income +€25,091
up €25,091 (+1,168%), from €2,149 to €27,239
of which Non-recurring financial income: +€25,057
- Financial charges -€15,411
down €15,411 (-36.4%), from €42,311 to €26,900
- Other operating charges -€15,235
down €15,235 (-27.7%), from €54,962 to €39,726
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,528,935 | €1,173,232 | -€355,703 | -23.3% |
| Fixed assets | 21/28 | €1,089,275 | €455,062 | -€634,212 | -58.2% |
| Tangible fixed assets | 22/27 | €1,089,275 | €455,062 | -€634,212 | -58.2% |
| Plant, machinery and equipment | 23 | €1,877 | €1,129 | -€748 | -39.8% |
| Furniture and vehicles | 24 | €39,048 | €42,839 | +€3,791 | +9.7% |
| Leasing and similar rights | 25 | €1,033,336 | €398,748 | -€634,588 | -61.4% |
| Other tangible fixed assets | 26 | €15,013 | €12,346 | -€2,667 | -17.8% |
| Current assets | 29/58 | €439,660 | €718,169 | +€278,509 | +63.3% |
| Amounts receivable within one year | 40/41 | €427,870 | €706,044 | +€278,174 | +65.0% |
| Trade receivables | 40 | €317,507 | €432,435 | +€114,928 | +36.2% |
| Other amounts receivable | 41 | €110,362 | €273,608 | +€163,246 | +148% |
| Cash at bank and in hand | 54/58 | €865 | €3,034 | +€2,169 | +251% |
| Deferred charges and accrued income | 490/1 | €10,925 | €9,092 | -€1,834 | -16.8% |
| Total equity and liabilities | 10/49 | €1,528,935 | €1,173,232 | -€355,703 | -23.3% |
| Equity | 10/15 | €186,042 | €195,265 | +€9,223 | +5.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,042 | €133,265 | +€9,223 | +7.4% |
| Amounts payable | 17/49 | €1,342,892 | €977,966 | -€364,926 | -27.2% |
| Amounts payable after more than one year | 17 | €197,523 | €38,158 | -€159,365 | -80.7% |
| Financial debts | 170/4 | €197,523 | €38,158 | -€159,365 | -80.7% |
| Amounts payable within one year | 42/48 | €1,145,369 | €939,809 | -€205,560 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €616,923 | €169,924 | -€446,999 | -72.5% |
| Trade debts | 44 | €215,155 | €769,884 | +€554,729 | +258% |
| Suppliers | 440/4 | €215,155 | €769,884 | +€554,729 | +258% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €313,290 | €0 | -€313,290 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €38 | €82 | +€43 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €911,435 | €649,908 | -€261,527 | -28.7% |
| Other operating charges | 640/8 | €54,962 | €39,726 | -€15,235 | -27.7% |
| Non-recurring operating charges | 66A | €4,974 | €9,748 | +€4,775 | +96.0% |
| Gross operating margin | 9900 | €1,038,061 | €714,500 | -€323,562 | -31.2% |
| Operating profit (loss) | 9901 | €66,653 | €15,036 | -€51,617 | -77.4% |
| Financial income | 75/76B | €2,149 | €27,239 | +€25,091 | +1,168% |
| Recurring financial income | 75 | €2,149 | €33 | -€2,115 | -98.5% |
| Non-recurring financial income | 76B | €2,149 | €27,206 | +€25,057 | +1,166% |
| Financial charges | 65/66B | €42,311 | €26,900 | -€15,411 | -36.4% |
| Recurring financial charges | 65 | €42,311 | €26,900 | -€15,411 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €26,490 | €15,375 | -€11,115 | -42.0% |
| Income taxes | 67/77 | €6,432 | €6,153 | -€279 | -4.3% |
| Profit (loss) for the period | 9904 | €20,059 | €9,223 | -€10,836 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,059 | €9,223 | -€10,836 | -54.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.