D.D.B.V.: 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.B.V.
Largest movements
- Tangible fixed assets +€592,971
up €592,971 (+24.2%), from €2.5m to €3.0m
- Cash -€39,654
down €39,654 (-53.2%), from €74,550 to €34,896
mainly Investment in fixed assets (net) (-€744,166) and Net result for the year (-€27,476)
- Debts after one year +€536,250
up €536,250 (+37.8%), from €1.4m to €2.0m
- Current portion of long-term debt +€65,000
new in 2025: €65,000
- Depreciation +€108,522
up €108,522 (+254.3%), from €42,673 to €151,195
- Gross operating margin +€34,647
up €34,647 (+36.2%), from €95,718 to €130,365
- Other operating charges -€10,242
down €10,242 (-60.9%), from €16,814 to €6,572
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 | €2,541,156 | €3,095,223 | +€554,067 | +21.8% |
| Fixed assets | 21/28 | €2,455,085 | €3,048,056 | +€592,971 | +24.2% |
| Tangible fixed assets | 22/27 | €2,455,085 | €3,048,056 | +€592,971 | +24.2% |
| Land and buildings | 22 | €2,455,085 | €3,048,056 | +€592,971 | +24.2% |
| Current assets | 29/58 | €86,070 | €47,167 | -€38,904 | -45.2% |
| Amounts receivable within one year | 40/41 | €3,000 | €3,750 | +€750 | +25.0% |
| Other amounts receivable | 41 | €3,000 | €3,750 | +€750 | +25.0% |
| Cash at bank and in hand | 54/58 | €74,550 | €34,896 | -€39,654 | -53.2% |
| Deferred charges and accrued income | 490/1 | €8,521 | €8,521 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,541,156 | €3,095,223 | +€554,067 | +21.8% |
| Equity | 10/15 | €980,501 | €953,025 | -€27,476 | -2.8% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €180,501 | €153,025 | -€27,476 | -15.2% |
| Non-distributable reserves | 130/1 | €19,671 | €19,671 | = | 0.0% |
| Legal reserve | 130 | €19,671 | €19,671 | = | 0.0% |
| Distributable reserves | 133 | €160,830 | €133,355 | -€27,476 | -17.1% |
| Amounts payable | 17/49 | €1,560,655 | €2,142,197 | +€581,543 | +37.3% |
| Amounts payable after more than one year | 17 | €1,418,500 | €1,954,750 | +€536,250 | +37.8% |
| Financial debts | 170/4 | €1,418,500 | €1,954,750 | +€536,250 | +37.8% |
| Amounts payable within one year | 42/48 | €124,350 | €187,447 | +€63,097 | +50.7% |
| Current portion of amounts payable after more than one year | 42 | - | €65,000 | +€65,000 | |
| Trade debts | 44 | €0 | €4,440 | +€4,440 | |
| Suppliers | 440/4 | €0 | €4,440 | +€4,440 | |
| Other amounts payable | 47/48 | €124,350 | €118,008 | -€6,342 | -5.1% |
| Accrued charges and deferred income | 492/3 | €17,805 | €0 | -€17,805 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,673 | €151,195 | +€108,522 | +254.3% |
| Other operating charges | 640/8 | €16,814 | €6,572 | -€10,242 | -60.9% |
| Gross operating margin | 9900 | €95,718 | €130,365 | +€34,647 | +36.2% |
| Operating profit (loss) | 9901 | €36,231 | -€27,402 | -€63,634 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -100.0% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100.0% |
| Financial charges | 65/66B | €69 | €74 | +€5 | +6.5% |
| Recurring financial charges | 65 | €69 | €74 | +€5 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €36,168 | -€27,476 | -€63,644 | |
| Profit (loss) for the period | 9904 | €36,168 | -€27,476 | -€63,644 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,168 | -€27,476 | -€63,644 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.