D & D HOLDING: 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 HOLDING
Largest movements
- Receivables within one year +€3.6m
up €3.6m (+341%), from €1.0m to €4.6m
of which Other amounts receivable: +€3.6m
- Current investments -€2.4m
no longer reported in 2025 (was €2.4m)
- Financial fixed assets +€143,500
up €143,500 (+3.6%), from €4.0m to €4.1m
- Reserves +€1.2m
up €1.2m (+38.6%), from €3.2m to €4.4m
- Other debts +€150,000
up €150,000 (+218,341%), from €69 to €150,069
- Financial income +€1.1m
up €1.1m (+307%), from €347,987 to €1.4m
- Taxes +€40,090
up €40,090 (+115%), from €34,831 to €74,921
- Gross operating margin -€4,027
down €4,027 (-7.0%), from €57,712 to €53,685
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 | €7,903,722 | €9,285,773 | +€1.4m | +17.5% |
| Fixed assets | 21/28 | €4,391,463 | €4,521,714 | +€130,252 | +3.0% |
| Tangible fixed assets | 22/27 | €429,473 | €416,224 | -€13,248 | -3.1% |
| Other tangible fixed assets | 26 | €429,473 | €416,224 | -€13,248 | -3.1% |
| Financial fixed assets | 28 | €3,961,990 | €4,105,490 | +€143,500 | +3.6% |
| Current assets | 29/58 | €3,512,259 | €4,764,059 | +€1.3m | +35.6% |
| Amounts receivable within one year | 40/41 | €1,044,831 | €4,609,066 | +€3.6m | +341% |
| Trade receivables | 40 | €12,508 | €12,508 | = | 0.0% |
| Other amounts receivable | 41 | €1,032,323 | €4,596,558 | +€3.6m | +345% |
| Current investments | 50/53 | €2,400,000 | - | -€2.4m | |
| Cash at bank and in hand | 54/58 | €66,995 | €154,899 | +€87,903 | +131% |
| Deferred charges and accrued income | 490/1 | €433 | €94 | -€339 | -78.2% |
| Total equity and liabilities | 10/49 | €7,903,722 | €9,285,773 | +€1.4m | +17.5% |
| Equity | 10/15 | €7,716,678 | €8,946,607 | +€1.2m | +15.9% |
| Contributions | 10/11 | €4,527,990 | €4,527,990 | = | 0.0% |
| Contributions outside capital | 11 | €4,527,990 | €4,527,990 | = | 0.0% |
| Other | 1109/19 | €4,527,990 | €4,527,990 | = | 0.0% |
| Reserves | 13 | €3,188,688 | €4,418,617 | +€1.2m | +38.6% |
| Distributable reserves | 133 | €3,188,688 | €4,418,617 | +€1.2m | +38.6% |
| Amounts payable | 17/49 | €187,043 | €339,166 | +€152,123 | +81.3% |
| Amounts payable within one year | 42/48 | €152,929 | €305,052 | +€152,123 | +99.5% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €4,181 | €5,248 | +€1,067 | +25.5% |
| Suppliers | 440/4 | €4,181 | €5,248 | +€1,067 | +25.5% |
| Advances received on contracts in progress | 46 | €46,514 | €46,514 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,166 | €3,222 | +€1,056 | +48.8% |
| Taxes | 450/3 | €2,166 | €3,222 | +€1,056 | +48.8% |
| Other amounts payable | 47/48 | €69 | €150,069 | +€150,000 | +218,341% |
| Accrued charges and deferred income | 492/3 | €34,114 | €34,114 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,248 | €13,248 | = | 0.0% |
| Other operating charges | 640/8 | €3,057 | €3,174 | +€117 | +3.8% |
| Gross operating margin | 9900 | €57,712 | €53,685 | -€4,027 | -7.0% |
| Operating profit (loss) | 9901 | €41,407 | €37,263 | -€4,144 | -10.0% |
| Financial income | 75/76B | €347,987 | €1,417,659 | +€1.1m | +307% |
| Recurring financial income | 75 | €347,987 | €1,417,659 | +€1.1m | +307% |
| Financial charges | 65/66B | €70 | €72 | +€2 | +2.9% |
| Recurring financial charges | 65 | €70 | €72 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €389,324 | €1,454,850 | +€1.1m | +274% |
| Income taxes | 67/77 | €34,831 | €74,921 | +€40,090 | +115% |
| Profit (loss) for the period | 9904 | €354,493 | €1,379,929 | +€1.0m | +289% |
| Profit (loss) for the period to be appropriated | 9905 | €354,493 | €1,379,929 | +€1.0m | +289% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.