D & D - fisc.: 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 - fisc.
Largest movements
- Receivables within one year +€197,206
up €197,206 (+13.0%), from €1.5m to €1.7m
of which Trade receivables: +€187,338
- Cash +€111,478
up €111,478 (+192%), from €58,004 to €169,483
mainly Other debts (+€175,498) and Trade debts (+€162,306)
- Tangible fixed assets -€49,452
down €49,452 (-16.8%), from €295,150 to €245,698
of which Furniture and vehicles: -€50,877
- Other debts +€175,498
up €175,498 (+22.7%), from €772,909 to €948,407
- Trade debts +€162,306
up €162,306 (+18.8%), from €862,862 to €1.0m
- Debts after one year -€32,353
down €32,353 (-54.7%), from €59,127 to €26,774
- Gross operating margin -€62,924
down €62,924 (-12.1%), from €519,399 to €456,475
- Staff costs -€38,569
down €38,569 (-11.2%), from €344,100 to €305,531
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 | €1,902,518 | €2,173,882 | +€271,364 | +14.3% |
| Fixed assets | 21/28 | €295,513 | €246,061 | -€49,452 | -16.7% |
| Tangible fixed assets | 22/27 | €295,150 | €245,698 | -€49,452 | -16.8% |
| Plant, machinery and equipment | 23 | €9,242 | €5,538 | -€3,704 | -40.1% |
| Furniture and vehicles | 24 | €264,317 | €213,440 | -€50,877 | -19.2% |
| Other tangible fixed assets | 26 | €21,591 | €26,719 | +€5,129 | +23.8% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €1,607,006 | €1,927,822 | +€320,816 | +20.0% |
| Amounts receivable within one year | 40/41 | €1,511,728 | €1,708,934 | +€197,206 | +13.0% |
| Trade receivables | 40 | €1,440,778 | €1,628,116 | +€187,338 | +13.0% |
| Other amounts receivable | 41 | €70,950 | €80,818 | +€9,868 | +13.9% |
| Current investments | 50/53 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €58,004 | €169,483 | +€111,478 | +192% |
| Deferred charges and accrued income | 490/1 | €37,274 | €49,406 | +€12,132 | +32.5% |
| Total equity and liabilities | 10/49 | €1,902,518 | €2,173,882 | +€271,364 | +14.3% |
| Equity | 10/15 | €99,129 | €90,263 | -€8,866 | -8.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,724 | €69,858 | -€8,866 | -11.3% |
| Amounts payable | 17/49 | €1,803,390 | €2,083,620 | +€280,230 | +15.5% |
| Amounts payable after more than one year | 17 | €59,127 | €26,774 | -€32,353 | -54.7% |
| Financial debts | 170/4 | €59,127 | €26,774 | -€32,353 | -54.7% |
| Amounts payable within one year | 42/48 | €1,729,802 | €2,054,018 | +€324,215 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €38,384 | €32,353 | -€6,032 | -15.7% |
| Trade debts | 44 | €862,862 | €1,025,168 | +€162,306 | +18.8% |
| Suppliers | 440/4 | €862,862 | €1,025,168 | +€162,306 | +18.8% |
| Taxes, remuneration and social security | 45 | €55,647 | €48,090 | -€7,558 | -13.6% |
| Taxes | 450/3 | €5,579 | - | -€5,579 | |
| Remuneration and social security | 454/9 | €50,069 | €48,090 | -€1,979 | -4.0% |
| Other amounts payable | 47/48 | €772,909 | €948,407 | +€175,498 | +22.7% |
| Accrued charges and deferred income | 492/3 | €14,460 | €2,828 | -€11,632 | -80.4% |
| Non-recurring operating income | 76A | €284 | - | -€284 | |
| Remuneration, social security and pensions | 62 | €344,100 | €305,531 | -€38,569 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,253 | €113,125 | -€2,128 | -1.8% |
| Other operating charges | 640/8 | €10,438 | €10,169 | -€269 | -2.6% |
| Non-recurring operating charges | 66A | €6,000 | €3,369 | -€2,631 | -43.9% |
| Gross operating margin | 9900 | €519,399 | €456,475 | -€62,924 | -12.1% |
| Operating profit (loss) | 9901 | €43,608 | €24,282 | -€19,326 | -44.3% |
| Financial income | 75/76B | €1,089 | €5,212 | +€4,124 | +379% |
| Recurring financial income | 75 | €1,089 | €5,212 | +€4,124 | +379% |
| Financial charges | 65/66B | €18,699 | €17,554 | -€1,144 | -6.1% |
| Recurring financial charges | 65 | €18,699 | €17,554 | -€1,144 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €25,998 | €11,940 | -€14,058 | -54.1% |
| Income taxes | 67/77 | €25,579 | €20,806 | -€4,773 | -18.7% |
| Profit (loss) for the period | 9904 | €419 | -€8,866 | -€9,285 | |
| Profit (loss) for the period to be appropriated | 9905 | €419 | -€8,866 | -€9,285 |
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 25 October 2026 via checked.be.