D&D Legacy: 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 Legacy
Largest movements
- Tangible fixed assets -€2.6m
down €2.6m (-100.0%), from €2.6m to €0
of which Land and buildings: -€2.6m
- Cash +€611,385
new in 2025: €611,385
mainly Investment in fixed assets (net) (+€2.6m) and Net result for the year (+€931,001)
- Receivables within one year +€434,926
up €434,926, from €0 to €434,926
of which Other amounts receivable: +€434,926
- Revaluation surpluses -€1.3m
down €1.3m (-100.0%), from €1.3m to €0
- Profit (loss) carried forward +€931,001
up €931,001 (+48.2%), from -€1.9m to -€1.0m
- Debts after one year -€559,112
down €559,112 (-100.0%), from €559,112 to €0
- Other debts -€303,711
down €303,711 (-53.6%), from €566,410 to €262,699
- Current portion of long-term debt -€169,144
down €169,144 (-100.0%), from €169,144 to €0
- Gross operating margin +€1.0m
up €1.0m (+1095.7%), from €94,059 to €1.1m
- Write-downs +€274,230
up €274,230 (+92.8%), from -€295,596 to -€21,366
- Provisions -€193,183
down €193,183, from €82,689 to -€110,493
- Depreciation -€161,810
down €161,810 (-100.0%), from €161,810 to €0
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.
Cash bridge derived
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 | €2,649,831 | €1,063,058 | -€1.6m | -59.9% |
| Fixed assets | 21/28 | €2,648,115 | €16,747 | -€2.6m | -99.4% |
| Intangible fixed assets | 21 | €3,068 | €0 | -€3,068 | -100.0% |
| Tangible fixed assets | 22/27 | €2,628,300 | €0 | -€2.6m | -100.0% |
| Land and buildings | 22 | €2,598,944 | €0 | -€2.6m | -100.0% |
| Plant, machinery and equipment | 23 | €28,813 | €0 | -€28,813 | -100.0% |
| Other tangible fixed assets | 26 | €543 | €0 | -€543 | -100.0% |
| Financial fixed assets | 28 | €16,747 | €16,747 | = | 0.0% |
| Current assets | 29/58 | €1,716 | €1,046,311 | +€1.0m | +60873.5% |
| Amounts receivable within one year | 40/41 | €0 | €434,926 | +€434,926 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €434,926 | +€434,926 | |
| Cash at bank and in hand | 54/58 | - | €611,385 | +€611,385 | |
| Deferred charges and accrued income | 490/1 | €1,716 | €0 | -€1,716 | -100.0% |
| Total equity and liabilities | 10/49 | €2,649,831 | €1,063,058 | -€1.6m | -59.9% |
| Equity | 10/15 | €1,162,286 | €784,182 | -€378,104 | -32.5% |
| Contributions | 10/11 | €1,750,000 | €1,750,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,309,106 | €0 | -€1.3m | -100.0% |
| Reserves | 13 | €34,373 | €34,373 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,373 | €34,373 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,931,193 | -€1,000,191 | +€931,001 | +48.2% |
| Provisions and deferred taxes | 16 | €110,493 | €0 | -€110,493 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €110,493 | €0 | -€110,493 | -100.0% |
| Major repairs and maintenance | 162 | €101,944 | €0 | -€101,944 | -100.0% |
| Other liabilities and charges | 164/5 | €8,549 | €0 | -€8,549 | -100.0% |
| Amounts payable | 17/49 | €1,377,052 | €278,877 | -€1.1m | -79.7% |
| Amounts payable after more than one year | 17 | €559,112 | €0 | -€559,112 | -100.0% |
| Financial debts | 170/4 | €559,112 | €0 | -€559,112 | -100.0% |
| Amounts payable within one year | 42/48 | €808,193 | €278,877 | -€529,317 | -65.5% |
| Current portion of amounts payable after more than one year | 42 | €169,144 | €0 | -€169,144 | -100.0% |
| Financial debts | 43 | €89 | €0 | -€89 | -100.0% |
| Credit institutions | 430/8 | €89 | €0 | -€89 | -100.0% |
| Trade debts | 44 | €61,911 | €16,177 | -€45,734 | -73.9% |
| Suppliers | 440/4 | €61,911 | €16,177 | -€45,734 | -73.9% |
| Taxes, remuneration and social security | 45 | €10,639 | €0 | -€10,639 | -100.0% |
| Taxes | 450/3 | €10,639 | €0 | -€10,639 | -100.0% |
| Other amounts payable | 47/48 | €566,410 | €262,699 | -€303,711 | -53.6% |
| Accrued charges and deferred income | 492/3 | €9,747 | €0 | -€9,747 | -100.0% |
| Non-recurring operating income | 76A | €0 | €1,199,329 | +€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,810 | €0 | -€161,810 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€295,596 | -€21,366 | +€274,230 | +92.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €82,689 | -€110,493 | -€193,183 | |
| Other operating charges | 640/8 | €21,863 | €17,129 | -€4,734 | -21.7% |
| Non-recurring operating charges | 66A | €26,356 | €230,498 | +€204,142 | +774.6% |
| Gross operating margin | 9900 | €94,059 | €1,124,652 | +€1.0m | +1095.7% |
| Operating profit (loss) | 9901 | €96,937 | €1,008,885 | +€911,948 | +940.8% |
| Financial charges | 65/66B | €85,523 | €77,883 | -€7,640 | -8.9% |
| Recurring financial charges | 65 | €85,523 | €77,883 | -€7,640 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €11,414 | €931,001 | +€919,588 | +8057.0% |
| Income taxes | 67/77 | €653 | €0 | -€653 | -100.0% |
| Profit (loss) for the period | 9904 | €10,761 | €931,001 | +€920,241 | +8551.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,761 | €931,001 | +€920,241 | +8551.9% |
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 11 October 2026 via checked.be.