D&D Properties: what changed
Two fiscal 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 Properties
Largest movements
- Receivables within one year -€86,743
down €86,743 (-26.1%), from €332,194 to €245,451
of which Trade receivables: -€64,670
- Stocks and contracts +€58,589
up €58,589 (+73.6%), from €79,586 to €138,175
- Tangible fixed assets -€49,266
down €49,266 (-9.5%), from €518,781 to €469,514
- Cash -€30,416
down €30,416 (-11.8%), from €257,520 to €227,103
mainly Trade debts (-€73,344) and Stocks and contracts (-€58,589)
- Reserves +€84,537
up €84,537 (+29.1%), from €290,583 to €375,120
of which Distributable reserves: +€84,537
- Trade debts -€73,344
down €73,344 (-35.8%), from €204,624 to €131,280
- Debts after one year -€53,774
down €53,774 (-19.6%), from €274,637 to €220,862
- Other debts -€51,759
down €51,759 (-59.7%), from €86,727 to €34,968
- Purchases and services -€321,624
down €321,624 (-26.6%), from €1.2m to €885,265
- Turnover -€256,681
down €256,681 (-15.0%), from €1.7m to €1.5m
- Gross operating margin +€64,943
up €64,943 (+12.9%), from €503,215 to €568,158
- Staff costs +€62,761
up €62,761 (+21.7%), from €288,974 to €351,734
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 | €1,197,057 | €1,087,582 | -€109,475 | -9.1% |
| Fixed assets | 21/28 | €518,781 | €469,514 | -€49,266 | -9.5% |
| Tangible fixed assets | 22/27 | €518,781 | €469,514 | -€49,266 | -9.5% |
| Land and buildings | 22 | €359,435 | €341,469 | -€17,966 | -5.0% |
| Plant, machinery and equipment | 23 | €27,334 | €19,932 | -€7,402 | -27.1% |
| Furniture and vehicles | 24 | €132,012 | €108,113 | -€23,899 | -18.1% |
| Current assets | 29/58 | €678,277 | €618,068 | -€60,209 | -8.9% |
| Stocks and contracts in progress | 3 | €79,586 | €138,175 | +€58,589 | +73.6% |
| Stocks | 30/36 | €79,586 | €138,175 | +€58,589 | +73.6% |
| Amounts receivable within one year | 40/41 | €332,194 | €245,451 | -€86,743 | -26.1% |
| Trade receivables | 40 | €285,882 | €221,212 | -€64,670 | -22.6% |
| Other amounts receivable | 41 | €46,312 | €24,240 | -€22,073 | -47.7% |
| Cash at bank and in hand | 54/58 | €257,520 | €227,103 | -€30,416 | -11.8% |
| Deferred charges and accrued income | 490/1 | €8,977 | €7,338 | -€1,639 | -18.3% |
| Total equity and liabilities | 10/49 | €1,197,057 | €1,087,582 | -€109,475 | -9.1% |
| Equity | 10/15 | €540,453 | €624,989 | +€84,537 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,583 | €375,120 | +€84,537 | +29.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €288,723 | €373,260 | +€84,537 | +29.3% |
| Profit (loss) carried forward | 14 | €231,270 | €231,270 | = | 0.0% |
| Amounts payable | 17/49 | €656,604 | €462,593 | -€194,012 | -29.5% |
| Amounts payable after more than one year | 17 | €274,637 | €220,862 | -€53,774 | -19.6% |
| Financial debts | 170/4 | €274,637 | €220,862 | -€53,774 | -19.6% |
| Amounts payable within one year | 42/48 | €381,968 | €241,730 | -€140,238 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €55,851 | €52,476 | -€3,375 | -6.0% |
| Financial debts | 43 | €9,063 | €8,506 | -€557 | -6.1% |
| Credit institutions | 430/8 | €9,063 | €8,506 | -€557 | -6.1% |
| Trade debts | 44 | €204,624 | €131,280 | -€73,344 | -35.8% |
| Suppliers | 440/4 | €204,624 | €131,280 | -€73,344 | -35.8% |
| Taxes, remuneration and social security | 45 | €25,703 | €14,500 | -€11,203 | -43.6% |
| Taxes | 450/3 | €18,259 | €5,300 | -€12,959 | -71.0% |
| Remuneration and social security | 454/9 | €7,443 | €9,200 | +€1,757 | +23.6% |
| Other amounts payable | 47/48 | €86,727 | €34,968 | -€51,759 | -59.7% |
| Turnover | 70 | €1,710,104 | €1,453,423 | -€256,681 | -15.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,206,890 | €885,265 | -€321,624 | -26.6% |
| Remuneration, social security and pensions | 62 | €288,974 | €351,734 | +€62,761 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,806 | €63,086 | -€721 | -1.1% |
| Other operating charges | 640/8 | €5,284 | €6,197 | +€913 | +17.3% |
| Gross operating margin | 9900 | €503,215 | €568,158 | +€64,943 | +12.9% |
| Operating profit (loss) | 9901 | €145,151 | €147,141 | +€1,990 | +1.4% |
| Financial income | 75/76B | €1,947 | €701 | -€1,245 | -64.0% |
| Recurring financial income | 75 | €1,947 | €701 | -€1,245 | -64.0% |
| Financial charges | 65/66B | €12,038 | €11,095 | -€943 | -7.8% |
| Recurring financial charges | 65 | €12,038 | €11,095 | -€943 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €135,060 | €136,747 | +€1,688 | +1.2% |
| Income taxes | 67/77 | €38,464 | €40,508 | +€2,044 | +5.3% |
| Profit (loss) for the period | 9904 | €96,595 | €96,239 | -€356 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €96,595 | €96,239 | -€356 | -0.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.