D&D Finance: 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&D Finance
Largest movements
- Tangible fixed assets -€15,789
down €15,789 (-2.3%), from €677,969 to €662,180
of which Land and buildings: -€18,429
- Cash -€14,437
down €14,437 (-16.0%), from €90,022 to €75,585
mainly Other debts (-€32,655) and Debts after one year (-€26,188)
- Other debts -€32,655
down €32,655 (-100%), from €32,655 to €0
- Debts after one year -€26,188
down €26,188 (-10.2%), from €255,700 to €229,513
- Trade debts +€14,362
up €14,362 (+208%), from €6,921 to €21,283
- Current portion of long-term debt +€14,199
up €14,199 (+39.3%), from €36,083 to €50,282
- Tax, wage and social debts -€11,608
down €11,608 (-18.7%), from €62,000 to €50,392
- Financial income -€112,291
down €112,291 (-99.9%), from €112,405 to €114
- Gross operating margin -€21,013
down €21,013 (-22.2%), from €94,661 to €73,648
- Taxes -€16,334
down €16,334 (-49.5%), from €32,982 to €16,648
- Other operating charges -€1,217
down €1,217 (-27.0%), from €4,510 to €3,293
- Depreciation +€1,211
up €1,211 (+5.8%), from €20,756 to €21,967
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 | €782,138 | €748,402 | -€33,736 | -4.3% |
| Fixed assets | 21/28 | €686,719 | €670,930 | -€15,789 | -2.3% |
| Tangible fixed assets | 22/27 | €677,969 | €662,180 | -€15,789 | -2.3% |
| Land and buildings | 22 | €668,964 | €650,535 | -€18,429 | -2.8% |
| Furniture and vehicles | 24 | €9,005 | €11,645 | +€2,640 | +29.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €8,750 | €8,750 | = | 0.0% |
| Current assets | 29/58 | €95,419 | €77,472 | -€17,947 | -18.8% |
| Amounts receivable within one year | 40/41 | €5,397 | €0 | -€5,397 | -100% |
| Other amounts receivable | 41 | €5,397 | €0 | -€5,397 | -100% |
| Cash at bank and in hand | 54/58 | €90,022 | €75,585 | -€14,437 | -16.0% |
| Deferred charges and accrued income | 490/1 | - | €1,887 | +€1,887 | |
| Total equity and liabilities | 10/49 | €782,138 | €748,402 | -€33,736 | -4.3% |
| Equity | 10/15 | €355,232 | €364,600 | +€9,368 | +2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €342,832 | €352,200 | +€9,368 | +2.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €130,838 | €126,176 | -€4,662 | -3.6% |
| Distributable reserves | 133 | €210,134 | €224,164 | +€14,030 | +6.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €32,709 | €31,544 | -€1,165 | -3.6% |
| Deferred taxes | 168 | €32,709 | €31,544 | -€1,165 | -3.6% |
| Amounts payable | 17/49 | €394,197 | €352,258 | -€41,939 | -10.6% |
| Amounts payable after more than one year | 17 | €255,700 | €229,513 | -€26,188 | -10.2% |
| Financial debts | 170/4 | €255,700 | €229,513 | -€26,188 | -10.2% |
| Amounts payable within one year | 42/48 | €138,496 | €122,745 | -€15,751 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €36,083 | €50,282 | +€14,199 | +39.3% |
| Financial debts | 43 | €837 | €789 | -€49 | -5.8% |
| Credit institutions | 430/8 | €837 | €789 | -€49 | -5.8% |
| Trade debts | 44 | €6,921 | €21,283 | +€14,362 | +208% |
| Suppliers | 440/4 | €6,921 | €21,283 | +€14,362 | +208% |
| Taxes, remuneration and social security | 45 | €62,000 | €50,392 | -€11,608 | -18.7% |
| Taxes | 450/3 | €62,000 | €50,392 | -€11,608 | -18.7% |
| Other amounts payable | 47/48 | €32,655 | €0 | -€32,655 | -100% |
| Non-recurring operating income | 76A | €37,955 | €3,176 | -€34,779 | -91.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,756 | €21,967 | +€1,211 | +5.8% |
| Other operating charges | 640/8 | €4,510 | €3,293 | -€1,217 | -27.0% |
| Non-recurring operating charges | 66A | €1,826 | €0 | -€1,826 | -100% |
| Gross operating margin | 9900 | €94,661 | €73,648 | -€21,013 | -22.2% |
| Operating profit (loss) | 9901 | €67,568 | €48,388 | -€19,181 | -28.4% |
| Financial income | 75/76B | €112,405 | €114 | -€112,291 | -99.9% |
| Recurring financial income | 75 | €112,405 | €114 | -€112,291 | -99.9% |
| Financial charges | 65/66B | €12,660 | €12,630 | -€30 | -0.2% |
| Recurring financial charges | 65 | €12,660 | €12,630 | -€30 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €167,313 | €35,871 | -€131,442 | -78.6% |
| Transfer from deferred taxes | 780 | €1,165 | €1,165 | = | 0.0% |
| Income taxes | 67/77 | €32,982 | €16,648 | -€16,334 | -49.5% |
| Profit (loss) for the period | 9904 | €135,497 | €20,389 | -€115,108 | -85.0% |
| Transfer from tax-exempt reserves | 789 | €4,662 | €4,662 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €140,158 | €25,050 | -€115,108 | -82.1% |
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 22 October 2026 via checked.be.