D & D Inverco: what changed
D & D Inverco
Largest movements
- Receivables within one year +€17,143
up €17,143 (+21.8%), from €78,817 to €95,960
of which Trade receivables: +€17,868
- Cash -€8,979
no longer reported in 2025 (was €8,979)
mainly Receivables within one year (-€17,143) and Net result for the year (-€7,646)
- Stocks and contracts +€3,031
up €3,031 (+10.5%), from €28,877 to €31,908
- Other debts +€20,248
up €20,248 (+19.8%), from €102,315 to €122,564
- Profit (loss) carried forward -€7,646
down €7,646 (-140%), from -€5,446 to -€13,092
- Short-term financial debts +€4,138
new in 2025: €4,138
- Tax, wage and social debts -€3,506
down €3,506 (-99.8%), from €3,511 to €5
- Trade debts -€1,350
down €1,350 (-16.0%), from €8,437 to €7,087
- Gross operating margin -€2,300
down €2,300 (-57.8%), from -€3,981 to -€6,281
- Financial charges -€526
down €526 (-63.1%), from €834 to €308
- Other operating charges +€426
up €426 (+67.5%), from €631 to €1,056
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,916 | €128,800 | +€11,884 | +10.2% |
| Current assets | 29/58 | €116,916 | €128,800 | +€11,884 | +10.2% |
| Stocks and contracts in progress | 3 | €28,877 | €31,908 | +€3,031 | +10.5% |
| Stocks | 30/36 | €28,877 | €31,908 | +€3,031 | +10.5% |
| Amounts receivable within one year | 40/41 | €78,817 | €95,960 | +€17,143 | +21.8% |
| Trade receivables | 40 | €78,091 | €95,960 | +€17,868 | +22.9% |
| Other amounts receivable | 41 | €725 | - | -€725 | |
| Cash at bank and in hand | 54/58 | €8,979 | - | -€8,979 | |
| Deferred charges and accrued income | 490/1 | €243 | €932 | +€689 | +284% |
| Total equity and liabilities | 10/49 | €116,916 | €128,800 | +€11,884 | +10.2% |
| Equity | 10/15 | €2,652 | -€4,994 | -€7,646 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,898 | €1,898 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €38 | €38 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,446 | -€13,092 | -€7,646 | -140% |
| Amounts payable | 17/49 | €114,264 | €133,793 | +€19,530 | +17.1% |
| Amounts payable within one year | 42/48 | €114,264 | €133,793 | +€19,530 | +17.1% |
| Financial debts | 43 | - | €4,138 | +€4,138 | |
| Credit institutions | 430/8 | - | €4,138 | +€4,138 | |
| Trade debts | 44 | €8,437 | €7,087 | -€1,350 | -16.0% |
| Suppliers | 440/4 | €8,437 | €7,087 | -€1,350 | -16.0% |
| Taxes, remuneration and social security | 45 | €3,511 | €5 | -€3,506 | -99.8% |
| Taxes | 450/3 | €3,511 | €5 | -€3,506 | -99.8% |
| Other amounts payable | 47/48 | €102,315 | €122,564 | +€20,248 | +19.8% |
| Other operating charges | 640/8 | €631 | €1,056 | +€426 | +67.5% |
| Gross operating margin | 9900 | -€3,981 | -€6,281 | -€2,300 | -57.8% |
| Operating profit (loss) | 9901 | -€4,612 | -€7,338 | -€2,726 | -59.1% |
| Financial charges | 65/66B | €834 | €308 | -€526 | -63.1% |
| Recurring financial charges | 65 | €834 | €308 | -€526 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,446 | -€7,646 | -€2,199 | -40.4% |
| Profit (loss) for the period | 9904 | -€5,446 | -€7,646 | -€2,199 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,446 | -€7,646 | -€2,199 | -40.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.