D.C. Properties: 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.
What changed
D.C. Properties
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€71,899
2024 · -€58,406-€13,493
Equity
€933,090
2024 · €1.0m-€71,899
Cash
€7,202
2024 · €907+€6,295
Balance sheet total
€3.1m
2024 · €3.2m-€158,309
Largest movements
Assets
- Receivables within one year -€151,159
down €151,159 (-85.4%), from €177,048 to €25,889
Equity and liabilities
- Trade debts -€554,554
down €554,554 (-99.1%), from €559,677 to €5,123
- Short-term financial debts +€410,000
up €410,000 (+38.8%), from €1.1m to €1.5m
- Current portion of long-term debt +€150,000
new in 2025: €150,000
- Profit (loss) carried forward -€64,543
down €64,543 (-66.8%), from -€96,581 to -€161,124
- Tax, wage and social debts -€49,967
down €49,967 (-31.5%), from €158,444 to €108,478
Income statement
- Financial charges +€14,496
up €14,496 (+22.2%), from €65,228 to €79,724
- Gross operating margin +€2,411
up €2,411 (+11.4%), from €21,243 to €23,654
- Other operating charges +€1,260
up €1,260 (+55.7%), from €2,262 to €3,522
- Financial income -€240
down €240 (-4.7%), from €5,079 to €4,839
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.
Result 2024
-€58,406
Gross operating margin
+€2,411
Depreciation
+€92
Other operating charges
-€1,260
Financial income
-€240
Financial charges
-€14,496
Result 2025
-€71,899
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.
From operations
-€553,705
Investment
€0
Financing
+€560,000
Cash 2024
€907
From operations (derived)
-€553,705
Net result for the year
-€71,899
Depreciation
+€19,598
Stocks and contracts
-€10,368
Receivables within one year
+€151,159
Deferred charges and accrued income
+€4,215
Provisions
-€2,452
Trade debts
-€554,554
Tax, wage and social debts
-€49,967
Other debts
-€37,782
Accrued charges and deferred income
-€1,656
Financing
+€560,000
Current portion of long-term debt
+€150,000
Short-term financial debts
+€410,000
Cash 2025
€7,202
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,222,208 | €3,063,899 | -€158,309 | -4.9% |
| Fixed assets | 21/28 | €742,543 | €722,945 | -€19,598 | -2.6% |
| Tangible fixed assets | 22/27 | €742,543 | €722,945 | -€19,598 | -2.6% |
| Land and buildings | 22 | €741,606 | €722,212 | -€19,394 | -2.6% |
| Plant, machinery and equipment | 23 | €937 | €733 | -€204 | -21.8% |
| Current assets | 29/58 | €2,479,665 | €2,340,954 | -€138,711 | -5.6% |
| Stocks and contracts in progress | 3 | €2,295,034 | €2,305,401 | +€10,368 | +0.5% |
| Stocks | 30/36 | €2,295,034 | €2,305,401 | +€10,368 | +0.5% |
| Amounts receivable within one year | 40/41 | €177,048 | €25,889 | -€151,159 | -85.4% |
| Other amounts receivable | 41 | €177,048 | €25,889 | -€151,159 | -85.4% |
| Cash at bank and in hand | 54/58 | €907 | €7,202 | +€6,295 | +694.3% |
| Deferred charges and accrued income | 490/1 | €6,677 | €2,462 | -€4,215 | -63.1% |
| Total equity and liabilities | 10/49 | €3,222,208 | €3,063,899 | -€158,309 | -4.9% |
| Equity | 10/15 | €1,004,989 | €933,090 | -€71,899 | -7.2% |
| Contributions | 10/11 | €880,000 | €880,000 | = | 0.0% |
| Capital | 10 | €880,000 | €880,000 | = | 0.0% |
| Issued capital | 100 | €880,000 | €880,000 | = | 0.0% |
| Reserves | 13 | €221,570 | €214,214 | -€7,356 | -3.3% |
| Non-distributable reserves | 130/1 | €583 | €583 | = | 0.0% |
| Legal reserve | 130 | €583 | €583 | = | 0.0% |
| Tax-exempt reserves | 132 | €220,987 | €213,631 | -€7,356 | -3.3% |
| Profit (loss) carried forward | 14 | -€96,581 | -€161,124 | -€64,543 | -66.8% |
| Provisions and deferred taxes | 16 | €73,532 | €71,080 | -€2,452 | -3.3% |
| Deferred taxes | 168 | €73,532 | €71,080 | -€2,452 | -3.3% |
| Amounts payable | 17/49 | €2,143,687 | €2,059,729 | -€83,958 | -3.9% |
| Amounts payable after more than one year | 17 | €133,800 | €133,800 | = | 0.0% |
| Financial debts | 170/4 | €133,800 | €133,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,992,193 | €1,909,891 | -€82,302 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | - | €150,000 | +€150,000 | |
| Financial debts | 43 | €1,058,000 | €1,468,000 | +€410,000 | +38.8% |
| Credit institutions | 430/8 | €1,058,000 | €1,468,000 | +€410,000 | +38.8% |
| Trade debts | 44 | €559,677 | €5,123 | -€554,554 | -99.1% |
| Suppliers | 440/4 | €559,677 | €5,123 | -€554,554 | -99.1% |
| Taxes, remuneration and social security | 45 | €158,444 | €108,478 | -€49,967 | -31.5% |
| Taxes | 450/3 | €158,444 | €108,478 | -€49,967 | -31.5% |
| Other amounts payable | 47/48 | €216,072 | €178,291 | -€37,782 | -17.5% |
| Accrued charges and deferred income | 492/3 | €17,694 | €16,038 | -€1,656 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,690 | €19,598 | -€92 | -0.5% |
| Other operating charges | 640/8 | €2,262 | €3,522 | +€1,260 | +55.7% |
| Gross operating margin | 9900 | €21,243 | €23,654 | +€2,411 | +11.4% |
| Operating profit (loss) | 9901 | -€709 | €534 | +€1,243 | |
| Financial income | 75/76B | €5,079 | €4,839 | -€240 | -4.7% |
| Recurring financial income | 75 | €5,079 | €4,839 | -€240 | -4.7% |
| Financial charges | 65/66B | €65,228 | €79,724 | +€14,496 | +22.2% |
| Recurring financial charges | 65 | €65,228 | €79,724 | +€14,496 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | -€60,858 | -€74,351 | -€13,493 | -22.2% |
| Transfer from deferred taxes | 780 | €2,452 | €2,452 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€58,406 | -€71,899 | -€13,493 | -23.1% |
| Transfer from tax-exempt reserves | 789 | €7,356 | €7,356 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,050 | -€64,543 | -€13,493 | -26.4% |
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.