DGTZ: what changed
DGTZ
Largest movements
- Cash +€123,247
up €123,247 (+326%), from €37,791 to €161,038
mainly Net result for the year (+€128,235) and Tax, wage and social debts (+€25,091)
- Tangible fixed assets +€50,512
up €50,512 (+2,522%), from €2,003 to €52,515
- Receivables within one year -€23,261
down €23,261 (-51.0%), from €45,602 to €22,341
of which Trade receivables: -€24,140
- Reserves +€128,235
new in 2025: €128,235
- Tax, wage and social debts +€25,091
up €25,091 (+93.1%), from €26,956 to €52,047
- Gross operating margin +€124,933
up €124,933 (+190%), from €65,872 to €190,805
- Taxes +€40,493
up €40,493 (+308%), from €13,141 to €53,634
- Depreciation +€8,967
up €8,967 (+7,659%), from €117 to €9,084
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 | €85,395 | €237,939 | +€152,543 | +179% |
| Fixed assets | 21/28 | €2,003 | €52,515 | +€50,512 | +2,522% |
| Tangible fixed assets | 22/27 | €2,003 | €52,515 | +€50,512 | +2,522% |
| Furniture and vehicles | 24 | €2,003 | €52,515 | +€50,512 | +2,522% |
| Current assets | 29/58 | €83,393 | €185,424 | +€102,031 | +122% |
| Amounts receivable within one year | 40/41 | €45,602 | €22,341 | -€23,261 | -51.0% |
| Trade receivables | 40 | €45,602 | €21,462 | -€24,140 | -52.9% |
| Other amounts receivable | 41 | - | €879 | +€879 | |
| Cash at bank and in hand | 54/58 | €37,791 | €161,038 | +€123,247 | +326% |
| Deferred charges and accrued income | 490/1 | - | €2,045 | +€2,045 | |
| Total equity and liabilities | 10/49 | €85,395 | €237,939 | +€152,543 | +179% |
| Equity | 10/15 | €55,606 | €183,841 | +€128,235 | +231% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €128,235 | +€128,235 | |
| Distributable reserves | 133 | - | €128,235 | +€128,235 | |
| Profit (loss) carried forward | 14 | €52,606 | €52,606 | = | 0.0% |
| Amounts payable | 17/49 | €29,790 | €54,098 | +€24,308 | +81.6% |
| Amounts payable within one year | 42/48 | €29,790 | €52,162 | +€22,372 | +75.1% |
| Trade debts | 44 | €1,079 | €115 | -€964 | -89.3% |
| Suppliers | 440/4 | €1,079 | €115 | -€964 | -89.3% |
| Taxes, remuneration and social security | 45 | €26,956 | €52,047 | +€25,091 | +93.1% |
| Taxes | 450/3 | €26,956 | €52,047 | +€25,091 | +93.1% |
| Other amounts payable | 47/48 | €1,755 | - | -€1,755 | |
| Accrued charges and deferred income | 492/3 | - | €1,936 | +€1,936 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117 | €9,084 | +€8,967 | +7,659% |
| Gross operating margin | 9900 | €65,872 | €190,805 | +€124,933 | +190% |
| Operating profit (loss) | 9901 | €65,755 | €181,720 | +€115,965 | +176% |
| Financial income | 75/76B | - | €210 | +€210 | |
| Recurring financial income | 75 | - | €210 | +€210 | |
| Financial charges | 65/66B | €8 | €61 | +€53 | +671% |
| Recurring financial charges | 65 | €8 | €61 | +€53 | +671% |
| Profit (loss) for the period before taxes | 9903 | €65,747 | €181,869 | +€116,122 | +177% |
| Income taxes | 67/77 | €13,141 | €53,634 | +€40,493 | +308% |
| Profit (loss) for the period | 9904 | €52,606 | €128,235 | +€75,630 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €52,606 | €128,235 | +€75,630 | +144% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.