D. & D. PROJECTS: 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. PROJECTS
Largest movements
- Tangible fixed assets -€7,353
down €7,353 (-39.5%), from €18,625 to €11,272
of which Leasing and similar rights: -€5,496
- Stocks and contracts +€5,864
up €5,864 (+6.1%), from €96,342 to €102,206
of which Contracts in progress: +€12,714
- Receivables within one year -€4,612
down €4,612 (-9.8%), from €47,292 to €42,680
of which Trade receivables: -€5,659
- Deferred charges and accrued income -€1,882
down €1,882 (-39.7%), from €4,736 to €2,855
- Trade debts -€21,796
down €21,796 (-45.5%), from €47,864 to €26,068
- Debts after one year +€12,372
up €12,372 (+137.8%), from €8,980 to €21,352
- Short-term financial debts -€10,821
down €10,821 (-42.8%), from €25,305 to €14,484
- Other debts +€4,756
up €4,756 (+22.8%), from €20,818 to €25,574
- Profit (loss) carried forward +€3,873
up €3,873 (+42.6%), from -€9,094 to -€5,222
- Gross operating margin -€17,834
down €17,834 (-22.2%), from €80,471 to €62,637
- Other operating charges -€3,371
down €3,371 (-83.2%), from €4,050 to €678
- Taxes +€1,512
up €1,512 (+1249.8%), from €121 to €1,633
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 | €169,638 | €161,066 | -€8,571 | -5.1% |
| Fixed assets | 21/28 | €20,625 | €13,272 | -€7,353 | -35.7% |
| Tangible fixed assets | 22/27 | €18,625 | €11,272 | -€7,353 | -39.5% |
| Plant, machinery and equipment | 23 | €3,945 | €2,088 | -€1,857 | -47.1% |
| Leasing and similar rights | 25 | €14,680 | €9,184 | -€5,496 | -37.4% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €149,013 | €147,794 | -€1,219 | -0.8% |
| Stocks and contracts in progress | 3 | €96,342 | €102,206 | +€5,864 | +6.1% |
| Stocks | 30/36 | €59,126 | €52,275 | -€6,850 | -11.6% |
| Contracts in progress | 37 | €37,216 | €49,931 | +€12,714 | +34.2% |
| Amounts receivable within one year | 40/41 | €47,292 | €42,680 | -€4,612 | -9.8% |
| Trade receivables | 40 | €43,505 | €37,846 | -€5,659 | -13.0% |
| Other amounts receivable | 41 | €3,786 | €4,833 | +€1,047 | +27.7% |
| Cash at bank and in hand | 54/58 | €643 | €54 | -€589 | -91.6% |
| Deferred charges and accrued income | 490/1 | €4,736 | €2,855 | -€1,882 | -39.7% |
| Total equity and liabilities | 10/49 | €169,638 | €161,066 | -€8,571 | -5.1% |
| Equity | 10/15 | €48,184 | €52,057 | +€3,873 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,678 | €38,678 | = | 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% |
| Tax-exempt reserves | 132 | €21,647 | €21,647 | = | 0.0% |
| Distributable reserves | 133 | €15,171 | €15,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,094 | -€5,222 | +€3,873 | +42.6% |
| Amounts payable | 17/49 | €121,454 | €109,010 | -€12,444 | -10.2% |
| Amounts payable after more than one year | 17 | €8,980 | €21,352 | +€12,372 | +137.8% |
| Financial debts | 170/4 | €8,980 | €21,352 | +€12,372 | +137.8% |
| Amounts payable within one year | 42/48 | €112,282 | €87,603 | -€24,679 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €12,204 | €12,917 | +€713 | +5.8% |
| Financial debts | 43 | €25,305 | €14,484 | -€10,821 | -42.8% |
| Credit institutions | 430/8 | €25,305 | €14,484 | -€10,821 | -42.8% |
| Trade debts | 44 | €47,864 | €26,068 | -€21,796 | -45.5% |
| Suppliers | 440/4 | €47,864 | €26,068 | -€21,796 | -45.5% |
| Advances received on contracts in progress | 46 | €1,502 | €1,502 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,588 | €7,058 | +€2,470 | +53.8% |
| Taxes | 450/3 | €221 | €1,688 | +€1,466 | +662.1% |
| Remuneration and social security | 454/9 | €4,366 | €5,370 | +€1,003 | +23.0% |
| Other amounts payable | 47/48 | €20,818 | €25,574 | +€4,756 | +22.8% |
| Accrued charges and deferred income | 492/3 | €192 | €54 | -€138 | -71.7% |
| Remuneration, social security and pensions | 62 | €45,081 | €44,955 | -€126 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,669 | €7,353 | -€317 | -4.1% |
| Other operating charges | 640/8 | €4,050 | €678 | -€3,371 | -83.2% |
| Gross operating margin | 9900 | €80,471 | €62,637 | -€17,834 | -22.2% |
| Operating profit (loss) | 9901 | €23,670 | €9,650 | -€14,020 | -59.2% |
| Financial income | 75/76B | €339 | €0 | -€339 | -100.0% |
| Recurring financial income | 75 | €339 | €0 | -€339 | -100.0% |
| Financial charges | 65/66B | €4,091 | €4,145 | +€54 | +1.3% |
| Recurring financial charges | 65 | €4,091 | €4,145 | +€54 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €19,918 | €5,506 | -€14,413 | -72.4% |
| Income taxes | 67/77 | €121 | €1,633 | +€1,512 | +1249.8% |
| Profit (loss) for the period | 9904 | €19,797 | €3,873 | -€15,925 | -80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,797 | €3,873 | -€15,925 | -80.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.