D & D: 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 & D
Largest movements
- Stocks and contracts -€381,771
no longer reported in 2025 (was €381,771)
- Receivables within one year +€201,142
up €201,142 (+52586.2%), from €383 to €201,525
of which Trade receivables: +€201,014
- Other debts -€190,206
no longer reported in 2025 (was €190,206)
- Profit (loss) carried forward +€10,328
up €10,328 (+45.9%), from €22,480 to €32,808
- Gross operating margin +€11,097
up €11,097, from -€644 to €10,453
- Financial charges +€125
new in 2025: €125
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 | €384,518 | €202,194 | -€182,324 | -47.4% |
| Current assets | 29/58 | €384,518 | €202,194 | -€182,324 | -47.4% |
| Stocks and contracts in progress | 3 | €381,771 | - | -€381,771 | |
| Stocks | 30/36 | €381,771 | - | -€381,771 | |
| Amounts receivable within one year | 40/41 | €383 | €201,525 | +€201,142 | +52586.2% |
| Trade receivables | 40 | - | €201,014 | +€201,014 | |
| Other amounts receivable | 41 | €383 | €511 | +€128 | +33.5% |
| Cash at bank and in hand | 54/58 | €2,364 | €669 | -€1,695 | -71.7% |
| Total equity and liabilities | 10/49 | €384,518 | €202,194 | -€182,324 | -47.4% |
| Equity | 10/15 | €191,866 | €202,194 | +€10,328 | +5.4% |
| Contributions | 10/11 | €167,328 | €167,328 | = | 0.0% |
| Reserves | 13 | €2,058 | €2,058 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,058 | €2,058 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,058 | €2,058 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,480 | €32,808 | +€10,328 | +45.9% |
| Amounts payable | 17/49 | €192,651 | - | -€192,651 | |
| Amounts payable within one year | 42/48 | €192,651 | - | -€192,651 | |
| Trade debts | 44 | €2,446 | - | -€2,446 | |
| Suppliers | 440/4 | €2,446 | - | -€2,446 | |
| Other amounts payable | 47/48 | €190,206 | - | -€190,206 | |
| Gross operating margin | 9900 | -€644 | €10,453 | +€11,097 | |
| Operating profit (loss) | 9901 | -€644 | €10,453 | +€11,097 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €125 | +€125 | |
| Recurring financial charges | 65 | - | €125 | +€125 | |
| Profit (loss) for the period before taxes | 9903 | -€644 | €10,328 | +€10,972 | |
| Profit (loss) for the period | 9904 | -€644 | €10,328 | +€10,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€644 | €10,328 | +€10,972 |
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 1 October 2026 via checked.be.