D&A Holding: 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.
D&A Holding
Largest movements
- Receivables within one year -€35,186
down €35,186 (-92.1%), from €38,186 to €3,000
of which Other amounts receivable: -€35,186
- Debts after one year -€80,433
down €80,433 (-18.5%), from €435,641 to €355,208
- Other debts +€28,877
up €28,877 (+7.5%), from €383,090 to €411,967
- Reserves +€16,887
up €16,887 (+13.1%), from €128,543 to €145,430
- Gross operating margin -€28,805
down €28,805 (-44.8%), from €64,354 to €35,549
- Taxes -€7,515
down €7,515 (-54.3%), from €13,833 to €6,318
- Financial charges -€1,590
down €1,590 (-12.3%), from €12,935 to €11,346
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.
Derived cash bridge
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 | €1,051,279 | €1,008,420 | -€42,859 | -4.1% |
| Fixed assets | 21/28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €51,279 | €8,420 | -€42,859 | -83.6% |
| Amounts receivable within one year | 40/41 | €38,186 | €3,000 | -€35,186 | -92.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €38,186 | €3,000 | -€35,186 | -92.1% |
| Cash at bank and in hand | 54/58 | €13,093 | €5,420 | -€7,673 | -58.6% |
| Total equity and liabilities | 10/49 | €1,051,279 | €1,008,420 | -€42,859 | -4.1% |
| Equity | 10/15 | €130,543 | €147,430 | +€16,887 | +12.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €128,543 | €145,430 | +€16,887 | +13.1% |
| Distributable reserves | 133 | €128,543 | €145,430 | +€16,887 | +13.1% |
| Amounts payable | 17/49 | €920,735 | €860,990 | -€59,745 | -6.5% |
| Amounts payable after more than one year | 17 | €435,641 | €355,208 | -€80,433 | -18.5% |
| Financial debts | 170/4 | €435,641 | €355,208 | -€80,433 | -18.5% |
| Amounts payable within one year | 42/48 | €485,095 | €505,782 | +€20,688 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €78,652 | €80,433 | +€1,780 | +2.3% |
| Trade debts | 44 | €1,347 | €765 | -€582 | -43.2% |
| Suppliers | 440/4 | €1,347 | €765 | -€582 | -43.2% |
| Taxes, remuneration and social security | 45 | €22,006 | €12,617 | -€9,388 | -42.7% |
| Taxes | 450/3 | €22,006 | €12,617 | -€9,388 | -42.7% |
| Other amounts payable | 47/48 | €383,090 | €411,967 | +€28,877 | +7.5% |
| Other operating charges | 640/8 | €1,126 | €998 | -€127 | -11.3% |
| Gross operating margin | 9900 | €64,354 | €35,549 | -€28,805 | -44.8% |
| Operating profit (loss) | 9901 | €63,229 | €34,551 | -€28,678 | -45.4% |
| Financial charges | 65/66B | €12,935 | €11,346 | -€1,590 | -12.3% |
| Recurring financial charges | 65 | €12,935 | €11,346 | -€1,590 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €50,293 | €23,205 | -€27,088 | -53.9% |
| Income taxes | 67/77 | €13,833 | €6,318 | -€7,515 | -54.3% |
| Profit (loss) for the period | 9904 | €36,460 | €16,887 | -€19,573 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,460 | €16,887 | -€19,573 | -53.7% |
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 24 October 2026 via checked.be.