2DS: 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.
2DS
Largest movements
- Cash +€110,743
up €110,743 (+81.3%), from €136,201 to €246,943
mainly Other debts (+€200,000) and Net result for the year (+€116,692)
- Tangible fixed assets +€30,525
up €30,525 (+376.7%), from €8,104 to €38,629
of which Furniture and vehicles: +€23,705
- Deferred charges and accrued income +€6,363
up €6,363 (+14.2%), from €44,711 to €51,074
- Other debts +€200,000
up €200,000 (+23308.4%), from €858 to €200,858
- Profit (loss) carried forward -€83,308
down €83,308 (-61.0%), from €136,536 to €53,228
- Trade debts -€27,038
down €27,038 (-82.9%), from €32,603 to €5,565
- Tax, wage and social debts +€20,491
up €20,491 (+57.9%), from €35,403 to €55,894
of which Taxes: +€22,141
- Debts after one year +€18,920
new in 2025: €18,920
- Gross operating margin +€64,481
up €64,481 (+66.8%), from €96,493 to €160,974
- Taxes +€17,423
up €17,423 (+94.6%), from €18,410 to €35,833
- Staff costs -€7,868
no longer reported in 2025 (was €7,868)
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 | €213,956 | €358,351 | +€144,395 | +67.5% |
| Fixed assets | 21/28 | €8,104 | €38,629 | +€30,525 | +376.7% |
| Tangible fixed assets | 22/27 | €8,104 | €38,629 | +€30,525 | +376.7% |
| Plant, machinery and equipment | 23 | €1,634 | €1,229 | -€405 | -24.8% |
| Furniture and vehicles | 24 | €6,470 | €30,174 | +€23,705 | +366.4% |
| Other tangible fixed assets | 26 | - | €7,226 | +€7,226 | |
| Current assets | 29/58 | €205,852 | €319,722 | +€113,870 | +55.3% |
| Amounts receivable within one year | 40/41 | €24,940 | €21,704 | -€3,236 | -13.0% |
| Trade receivables | 40 | €18,292 | €16,001 | -€2,291 | -12.5% |
| Other amounts receivable | 41 | €6,649 | €5,704 | -€945 | -14.2% |
| Cash at bank and in hand | 54/58 | €136,201 | €246,943 | +€110,743 | +81.3% |
| Deferred charges and accrued income | 490/1 | €44,711 | €51,074 | +€6,363 | +14.2% |
| Total equity and liabilities | 10/49 | €213,956 | €358,351 | +€144,395 | +67.5% |
| Equity | 10/15 | €145,092 | €71,828 | -€73,263 | -50.5% |
| Contributions | 10/11 | €8,556 | €18,601 | +€10,045 | +117.4% |
| Profit (loss) carried forward | 14 | €136,536 | €53,228 | -€83,308 | -61.0% |
| Amounts payable | 17/49 | €68,864 | €286,522 | +€217,659 | +316.1% |
| Amounts payable after more than one year | 17 | - | €18,920 | +€18,920 | |
| Financial debts | 170/4 | - | €18,920 | +€18,920 | |
| Amounts payable within one year | 42/48 | €68,864 | €267,602 | +€198,738 | +288.6% |
| Current portion of amounts payable after more than one year | 42 | - | €5,285 | +€5,285 | |
| Trade debts | 44 | €32,603 | €5,565 | -€27,038 | -82.9% |
| Suppliers | 440/4 | €32,603 | €5,565 | -€27,038 | -82.9% |
| Taxes, remuneration and social security | 45 | €35,403 | €55,894 | +€20,491 | +57.9% |
| Taxes | 450/3 | €33,753 | €55,894 | +€22,141 | +65.6% |
| Remuneration and social security | 454/9 | €1,650 | - | -€1,650 | |
| Other amounts payable | 47/48 | €858 | €200,858 | +€200,000 | +23308.4% |
| Remuneration, social security and pensions | 62 | €7,868 | - | -€7,868 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,218 | €7,112 | -€106 | -1.5% |
| Other operating charges | 640/8 | €769 | €1,052 | +€284 | +36.9% |
| Gross operating margin | 9900 | €96,493 | €160,974 | +€64,481 | +66.8% |
| Operating profit (loss) | 9901 | €80,639 | €152,810 | +€72,171 | +89.5% |
| Financial income | 75/76B | €202 | €335 | +€133 | +65.6% |
| Recurring financial income | 75 | €202 | €335 | +€133 | +65.6% |
| Financial charges | 65/66B | €248 | €621 | +€373 | +150.5% |
| Recurring financial charges | 65 | €248 | €621 | +€373 | +150.5% |
| Profit (loss) for the period before taxes | 9903 | €80,593 | €152,525 | +€71,931 | +89.3% |
| Income taxes | 67/77 | €18,410 | €35,833 | +€17,423 | +94.6% |
| Profit (loss) for the period | 9904 | €62,183 | €116,692 | +€54,509 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,183 | €116,692 | +€54,509 | +87.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.