D-Connect: 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.
D-Connect
Largest movements
- Cash -€576
down €576 (-18.9%), from €3,044 to €2,468
mainly Net result for the year (-€744) and Trade debts (-€69)
- Profit (loss) carried forward -€744
down €744 (-64.7%), from -€1,150 to -€1,894
- Other debts +€221
up €221 (+6.1%), from €3,627 to €3,848
- Trade debts -€69
down €69 (-80.4%), from €86 to €17
- Gross operating margin +€264
up €264 (+43.4%), from -€608 to -€344
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €3,064 | €2,471 | -€593 | -19.4% |
| Current assets | 29/58 | €3,064 | €2,471 | -€593 | -19.4% |
| Cash at bank and in hand | 54/58 | €3,044 | €2,468 | -€576 | -18.9% |
| Deferred charges and accrued income | 490/1 | €20 | €3 | -€17 | -86.6% |
| Total equity and liabilities | 10/49 | €3,064 | €2,471 | -€593 | -19.4% |
| Equity | 10/15 | -€650 | -€1,394 | -€744 | -114.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,150 | -€1,894 | -€744 | -64.7% |
| Amounts payable | 17/49 | €3,714 | €3,865 | +€151 | +4.1% |
| Amounts payable within one year | 42/48 | €3,714 | €3,865 | +€151 | +4.1% |
| Trade debts | 44 | €86 | €17 | -€69 | -80.4% |
| Suppliers | 440/4 | €86 | €17 | -€69 | -80.4% |
| Other amounts payable | 47/48 | €3,627 | €3,848 | +€221 | +6.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€608 | -€344 | +€264 | +43.4% |
| Operating profit (loss) | 9901 | -€996 | -€744 | +€251 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | -€996 | -€744 | +€251 | +25.3% |
| Profit (loss) for the period | 9904 | -€996 | -€744 | +€251 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€996 | -€744 | +€251 | +25.3% |
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.