D&D GENVAL: 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 GENVAL
Largest movements
- Cash +€13,538
up €13,538 (+135%), from €10,050 to €23,588
mainly Net result for the year (+€20,417) and Other debts (+€16,805)
- Receivables within one year +€12,309
up €12,309 (+7,670%), from €160 to €12,469
of which Trade receivables: +€12,343
- Stocks and contracts +€5,034
up €5,034 (+9.2%), from €54,982 to €60,016
- Deferred charges and accrued income -€4,868
down €4,868 (-42.8%), from €11,382 to €6,513
- Tangible fixed assets -€2,781
down €2,781 (-94.4%), from €2,946 to €165
of which Plant, machinery and equipment: -€2,533
- Other debts +€16,805
up €16,805 (+418%), from €4,025 to €20,830
- Trade debts +€3,216
up €3,216 (+21.6%), from €14,864 to €18,080
- Tax, wage and social debts +€3,195
up €3,195 (+12.6%), from €25,425 to €28,619
of which Taxes: +€1,990
- Gross operating margin +€19,156
up €19,156 (+15.8%), from €121,045 to €140,201
- Staff costs +€7,073
up €7,073 (+6.8%), from €104,564 to €111,637
- Depreciation -€4,506
down €4,506 (-61.8%), from €7,287 to €2,781
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 | €79,670 | €102,902 | +€23,232 | +29.2% |
| Fixed assets | 21/28 | €3,096 | €315 | -€2,781 | -89.8% |
| Tangible fixed assets | 22/27 | €2,946 | €165 | -€2,781 | -94.4% |
| Plant, machinery and equipment | 23 | €2,625 | €92 | -€2,533 | -96.5% |
| Other tangible fixed assets | 26 | €321 | €73 | -€248 | -77.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €76,574 | €102,587 | +€26,013 | +34.0% |
| Stocks and contracts in progress | 3 | €54,982 | €60,016 | +€5,034 | +9.2% |
| Stocks | 30/36 | €54,982 | €60,016 | +€5,034 | +9.2% |
| Amounts receivable within one year | 40/41 | €160 | €12,469 | +€12,309 | +7,670% |
| Trade receivables | 40 | - | €12,343 | +€12,343 | |
| Other amounts receivable | 41 | €160 | €126 | -€34 | -21.4% |
| Cash at bank and in hand | 54/58 | €10,050 | €23,588 | +€13,538 | +135% |
| Deferred charges and accrued income | 490/1 | €11,382 | €6,513 | -€4,868 | -42.8% |
| Total equity and liabilities | 10/49 | €79,670 | €102,902 | +€23,232 | +29.2% |
| Equity | 10/15 | €35,356 | €35,373 | +€17 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,296 | €27,313 | +€17 | +0.1% |
| Amounts payable | 17/49 | €44,314 | €67,529 | +€23,215 | +52.4% |
| Amounts payable within one year | 42/48 | €44,314 | €67,529 | +€23,215 | +52.4% |
| Trade debts | 44 | €14,864 | €18,080 | +€3,216 | +21.6% |
| Suppliers | 440/4 | €14,864 | €18,080 | +€3,216 | +21.6% |
| Taxes, remuneration and social security | 45 | €25,425 | €28,619 | +€3,195 | +12.6% |
| Taxes | 450/3 | €13,054 | €15,043 | +€1,990 | +15.2% |
| Remuneration and social security | 454/9 | €12,371 | €13,576 | +€1,205 | +9.7% |
| Other amounts payable | 47/48 | €4,025 | €20,830 | +€16,805 | +418% |
| Remuneration, social security and pensions | 62 | €104,564 | €111,637 | +€7,073 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,287 | €2,781 | -€4,506 | -61.8% |
| Other operating charges | 640/8 | €3,425 | €2,968 | -€457 | -13.3% |
| Gross operating margin | 9900 | €121,045 | €140,201 | +€19,156 | +15.8% |
| Operating profit (loss) | 9901 | €5,769 | €22,815 | +€17,045 | +295% |
| Financial income | 75/76B | €31 | €277 | +€245 | +779% |
| Recurring financial income | 75 | €31 | €277 | +€245 | +779% |
| Financial charges | 65/66B | €1,595 | €2,293 | +€698 | +43.8% |
| Recurring financial charges | 65 | €1,595 | €2,293 | +€698 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €4,206 | €20,798 | +€16,592 | +394% |
| Income taxes | 67/77 | €560 | €382 | -€178 | -31.8% |
| Profit (loss) for the period | 9904 | €3,646 | €20,417 | +€16,770 | +460% |
| Profit (loss) for the period to be appropriated | 9905 | €3,646 | €20,417 | +€16,770 | +460% |
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 18 October 2026 via checked.be.