D.D.H.: 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.
What changed
D.D.H.
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€561,266
2024 · €76,772+€484,493
Equity
€8.2m
2024 · €7.6m+€561,266
Cash
€50,288
2024 · €43,678+€6,611
Balance sheet total
€16.8m
2024 · €17.2m-€463,341
Largest movements
Assets
- Receivables within one year -€469,951
down €469,951 (-22.2%), from €2.1m to €1.6m
Equity and liabilities
- Debts after one year -€724,836
down €724,836 (-11.7%), from €6.2m to €5.5m
of which Other amounts payable: -€400,000
- Profit (loss) carried forward +€561,266
up €561,266 (+731%), from €76,772 to €638,038
- Other debts -€273,315
down €273,315 (-10.8%), from €2.5m to €2.3m
Income statement
- Financial income +€486,114
up €486,114 (+787%), from €61,745 to €547,859
- Turnover +€27,520
up €27,520 (+10.0%), from €276,080 to €303,600
- Services and other goods +€27,424
up €27,424 (+64.3%), from €42,633 to €70,057
- Financial charges +€4,303
up €4,303 (+2.2%), from €193,795 to €198,098
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.
Result 2024
€76,772
Turnover
+€27,520
Other operating income
+€714
Services and other goods
-€27,424
Other operating charges
-€12
Financial income
+€486,114
Financial charges
-€4,303
Taxes
+€1,885
Result 2025
€561,266
raises the resultlowers the result
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.
From operations
+€711,191
Investment
€0
Financing
-€704,581
Cash 2024
€43,678
From operations (derived)
+€711,191
Net result for the year
+€561,266
Receivables within one year
+€469,951
Trade debts
+€8,339
Tax, wage and social debts
-€64,454
Other debts
-€273,315
Accrued charges and deferred income
+€9,403
Financing
-€704,581
Debts after one year
-€724,836
Current portion of long-term debt
+€20,255
Cash 2025
€50,288
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,223,587 | €16,760,246 | -€463,341 | -2.7% |
| Fixed assets | 21/28 | €15,060,000 | €15,060,000 | = | 0.0% |
| Financial fixed assets | 28 | €15,060,000 | €15,060,000 | = | 0.0% |
| Affiliated companies | 280/1 | €15,060,000 | €15,060,000 | = | 0.0% |
| Participating interests | 280 | €15,060,000 | €15,060,000 | = | 0.0% |
| Current assets | 29/58 | €2,163,587 | €1,700,246 | -€463,341 | -21.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,119,909 | €1,649,958 | -€469,951 | -22.2% |
| Other amounts receivable | 41 | €2,119,909 | €1,649,958 | -€469,951 | -22.2% |
| Cash at bank and in hand | 54/58 | €43,678 | €50,288 | +€6,611 | +15.1% |
| Total equity and liabilities | 10/49 | €17,223,587 | €16,760,246 | -€463,341 | -2.7% |
| Equity | 10/15 | €7,606,772 | €8,168,038 | +€561,266 | +7.4% |
| Contributions | 10/11 | €7,530,000 | €7,530,000 | = | 0.0% |
| Contributions outside capital | 11 | €7,530,000 | €7,530,000 | = | 0.0% |
| Share premium | 1100/10 | €7,530,000 | €7,530,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,772 | €638,038 | +€561,266 | +731% |
| Amounts payable | 17/49 | €9,616,814 | €8,592,208 | -€1.0m | -10.7% |
| Amounts payable after more than one year | 17 | €6,214,838 | €5,490,002 | -€724,836 | -11.7% |
| Financial debts | 170/4 | €3,014,838 | €2,690,002 | -€324,836 | -10.8% |
| Credit institutions | 173 | €3,014,838 | €2,690,002 | -€324,836 | -10.8% |
| Other amounts payable | 178/9 | €3,200,000 | €2,800,000 | -€400,000 | -12.5% |
| Amounts payable within one year | 42/48 | €3,401,977 | €3,092,803 | -€309,174 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €725,113 | €745,368 | +€20,255 | +2.8% |
| Trade debts | 44 | €42,675 | €51,014 | +€8,339 | +19.5% |
| Suppliers | 440/4 | €42,675 | €51,014 | +€8,339 | +19.5% |
| Taxes, remuneration and social security | 45 | €93,600 | €29,146 | -€64,454 | -68.9% |
| Taxes | 450/3 | €93,600 | €29,146 | -€64,454 | -68.9% |
| Other amounts payable | 47/48 | €2,540,588 | €2,267,274 | -€273,315 | -10.8% |
| Accrued charges and deferred income | 492/3 | - | €9,403 | +€9,403 | |
| Operating income | 70/76A | €277,753 | €305,986 | +€28,234 | +10.2% |
| Turnover | 70 | €276,080 | €303,600 | +€27,520 | +10.0% |
| Other operating income | 74 | €1,673 | €2,386 | +€714 | +42.7% |
| Operating charges | 60/66A | €43,021 | €70,456 | +€27,436 | +63.8% |
| Services and other goods | 61 | €42,633 | €70,057 | +€27,424 | +64.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Operating profit (loss) | 9901 | €234,732 | €235,530 | +€798 | +0.3% |
| Financial income | 75/76B | €61,745 | €547,859 | +€486,114 | +787% |
| Recurring financial income | 75 | €61,745 | €547,859 | +€486,114 | +787% |
| Income from financial fixed assets | 750 | - | €500,000 | +€500,000 | |
| Income from current assets | 751 | €61,745 | €47,859 | -€13,886 | -22.5% |
| Financial charges | 65/66B | €193,795 | €198,098 | +€4,303 | +2.2% |
| Recurring financial charges | 65 | €193,795 | €198,098 | +€4,303 | +2.2% |
| Debt charges | 650 | €189,896 | €197,509 | +€7,613 | +4.0% |
| Other financial charges | 652/9 | €3,899 | €589 | -€3,310 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €102,682 | €585,291 | +€482,609 | +470% |
| Income taxes | 67/77 | €25,909 | €24,025 | -€1,885 | -7.3% |
| Taxes | 670/3 | €25,909 | €24,025 | -€1,885 | -7.3% |
| Profit (loss) for the period | 9904 | €76,772 | €561,266 | +€484,493 | +631% |
| Profit (loss) for the period to be appropriated | 9905 | €76,772 | €561,266 | +€484,493 | +631% |
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 19 October 2026 via checked.be.