D & D MANAGEMENT: 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 MANAGEMENT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€6,423
down €6,423 (-80.2%), from €8,012 to €1,589
- Taxes -€3,175
no longer reported in 2025 (was €3,175)
- Depreciation -€2,448
down €2,448 (-97.0%), from €2,523 to €75
- Other operating charges -€1,201
down €1,201 (-46.6%), from €2,578 to €1,377
- Financial income -€517
down €517 (-99.0%), from €522 to €5
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 | €473,013 | €470,374 | -€2,639 | -0.6% |
| Fixed assets | 21/28 | €346,102 | €346,027 | -€75 | 0.0% |
| Tangible fixed assets | 22/27 | €346,102 | €346,027 | -€75 | 0.0% |
| Land and buildings | 22 | €339,178 | €339,150 | -€27 | 0.0% |
| Plant, machinery and equipment | 23 | €1,520 | €1,506 | -€13 | -0.9% |
| Furniture and vehicles | 24 | €5,405 | €5,370 | -€34 | -0.6% |
| Current assets | 29/58 | €126,911 | €124,347 | -€2,564 | -2.0% |
| Current investments | 50/53 | €113,973 | €113,973 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €12,938 | €10,374 | -€2,564 | -19.8% |
| Total equity and liabilities | 10/49 | €473,013 | €470,374 | -€2,639 | -0.6% |
| Equity | 10/15 | €319,057 | €319,079 | +€22 | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €257,557 | €257,579 | +€22 | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €251,407 | €251,429 | +€22 | 0.0% |
| Amounts payable | 17/49 | €153,956 | €151,295 | -€2,661 | -1.7% |
| Amounts payable within one year | 42/48 | €153,956 | €151,295 | -€2,661 | -1.7% |
| Trade debts | 44 | €1,192 | - | -€1,192 | |
| Suppliers | 440/4 | €1,192 | - | -€1,192 | |
| Taxes, remuneration and social security | 45 | €3,681 | €3,681 | = | 0.0% |
| Taxes | 450/3 | €3,681 | €3,681 | = | 0.0% |
| Other amounts payable | 47/48 | €149,083 | €147,614 | -€1,469 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,523 | €75 | -€2,448 | -97.0% |
| Other operating charges | 640/8 | €2,578 | €1,377 | -€1,201 | -46.6% |
| Gross operating margin | 9900 | €8,012 | €1,589 | -€6,423 | -80.2% |
| Operating profit (loss) | 9901 | €2,911 | €137 | -€2,774 | -95.3% |
| Financial income | 75/76B | €522 | €5 | -€517 | -99.0% |
| Recurring financial income | 75 | €522 | €5 | -€517 | -99.0% |
| Financial charges | 65/66B | €106 | €120 | +€14 | +13.7% |
| Recurring financial charges | 65 | €106 | €120 | +€14 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €3,328 | €22 | -€3,306 | -99.3% |
| Income taxes | 67/77 | €3,175 | - | -€3,175 | |
| Profit (loss) for the period | 9904 | €153 | €22 | -€130 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €153 | €22 | -€130 | -85.5% |
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 17 October 2026 via checked.be.