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
- Tangible fixed assets -€45,809
down €45,809 (-4.9%), from €944,317 to €898,509
of which Land and buildings: -€37,731
- Cash +€12,332
up €12,332 (+15.7%), from €78,622 to €90,954
mainly Net result for the year (+€54,641) and Depreciation (+€45,809)
- Deferred charges and accrued income +€12,003
up €12,003 (+1132.6%), from €1,060 to €13,063
- Reserves +€50,891
up €50,891 (+6.4%), from €792,441 to €843,332
of which Distributable reserves: +€50,891
- Other debts -€50,110
down €50,110 (-97.8%), from €51,241 to €1,131
- Debts after one year -€25,000
down €25,000 (-21.4%), from €116,667 to €91,667
- Gross operating margin +€45,031
up €45,031 (+51.6%), from €87,214 to €132,245
- Taxes +€16,830
up €16,830 (+474.0%), from €3,551 to €20,381
- Depreciation -€12,338
down €12,338 (-21.2%), from €58,146 to €45,809
- Financial charges -€4,291
down €4,291 (-76.2%), from €5,633 to €1,342
- Other operating charges +€3,057
up €3,057 (+42.2%), from €7,239 to €10,296
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 | €1,066,845 | €1,038,575 | -€28,269 | -2.6% |
| Fixed assets | 21/28 | €944,587 | €898,779 | -€45,809 | -4.8% |
| Tangible fixed assets | 22/27 | €944,317 | €898,509 | -€45,809 | -4.9% |
| Land and buildings | 22 | €936,239 | €898,509 | -€37,731 | -4.0% |
| Furniture and vehicles | 24 | €8,078 | €0 | -€8,078 | -100.0% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €122,257 | €139,796 | +€17,539 | +14.3% |
| Amounts receivable within one year | 40/41 | €42,576 | €35,780 | -€6,796 | -16.0% |
| Trade receivables | 40 | €28,434 | €35,780 | +€7,346 | +25.8% |
| Other amounts receivable | 41 | €14,142 | €0 | -€14,142 | -100.0% |
| Cash at bank and in hand | 54/58 | €78,622 | €90,954 | +€12,332 | +15.7% |
| Deferred charges and accrued income | 490/1 | €1,060 | €13,063 | +€12,003 | +1132.6% |
| Total equity and liabilities | 10/49 | €1,066,845 | €1,038,575 | -€28,269 | -2.6% |
| Equity | 10/15 | €854,441 | €905,332 | +€50,891 | +6.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €792,441 | €843,332 | +€50,891 | +6.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €786,241 | €837,132 | +€50,891 | +6.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €212,404 | €133,243 | -€79,161 | -37.3% |
| Amounts payable after more than one year | 17 | €116,667 | €91,667 | -€25,000 | -21.4% |
| Financial debts | 170/4 | €116,667 | €91,667 | -€25,000 | -21.4% |
| Amounts payable within one year | 42/48 | €89,703 | €41,528 | -€48,175 | -53.7% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €1,624 | €1,910 | +€285 | +17.6% |
| Suppliers | 440/4 | €1,624 | €1,910 | +€285 | +17.6% |
| Taxes, remuneration and social security | 45 | €11,838 | €13,488 | +€1,650 | +13.9% |
| Taxes | 450/3 | €7,561 | €13,488 | +€5,927 | +78.4% |
| Remuneration and social security | 454/9 | €4,277 | €0 | -€4,277 | -100.0% |
| Other amounts payable | 47/48 | €51,241 | €1,131 | -€50,110 | -97.8% |
| Accrued charges and deferred income | 492/3 | €6,034 | €49 | -€5,985 | -99.2% |
| Non-recurring operating income | 76A | €0 | €336 | +€336 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,146 | €45,809 | -€12,338 | -21.2% |
| Other operating charges | 640/8 | €7,239 | €10,296 | +€3,057 | +42.2% |
| Gross operating margin | 9900 | €87,214 | €132,245 | +€45,031 | +51.6% |
| Operating profit (loss) | 9901 | €21,828 | €76,139 | +€54,311 | +248.8% |
| Financial income | 75/76B | €84 | €225 | +€142 | +169.0% |
| Recurring financial income | 75 | €84 | €225 | +€142 | +169.0% |
| Financial charges | 65/66B | €5,633 | €1,342 | -€4,291 | -76.2% |
| Recurring financial charges | 65 | €5,633 | €1,342 | -€4,291 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | €16,279 | €75,023 | +€58,744 | +360.9% |
| Income taxes | 67/77 | €3,551 | €20,381 | +€16,830 | +474.0% |
| Profit (loss) for the period | 9904 | €12,728 | €54,641 | +€41,913 | +329.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,728 | €54,641 | +€41,913 | +329.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.