D&D Recycling: 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 Recycling
Largest movements
- Receivables within one year +€243,914
up €243,914 (+18,549%), from €1,315 to €245,229
of which Trade receivables: +€244,137
- Cash -€146,023
down €146,023 (-73.3%), from €199,251 to €53,229
mainly Receivables within one year (-€243,914) and Advances received (-€143,973)
- Stocks and contracts -€102,340
down €102,340 (-100%), from €102,340 to €0
- Tangible fixed assets +€47,442
up €47,442 (+364%), from €13,046 to €60,488
of which Furniture and vehicles: +€46,009
- Advances received -€143,973
down €143,973 (-100%), from €143,973 to €0
- Reserves +€85,778
up €85,778 (+72.2%), from €118,835 to €204,613
- Trade debts +€28,941
up €28,941 (+405%), from €7,141 to €36,082
- Tax, wage and social debts +€26,755
up €26,755 (+61.4%), from €43,605 to €70,360
of which Taxes: +€26,028
- Debts after one year +€24,487
new in 2025: €24,487
- Gross operating margin -€16,940
down €16,940 (-10.0%), from €169,746 to €152,806
- Depreciation +€16,714
up €16,714 (+270%), from €6,189 to €22,903
- Taxes -€14,621
down €14,621 (-35.5%), from €41,232 to €26,611
- Staff costs +€13,137
new in 2025: €13,137
- Financial income +€6,292
up €6,292 (+347%), from €1,814 to €8,107
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 | €316,030 | €359,099 | +€43,069 | +13.6% |
| Fixed assets | 21/28 | €13,046 | €60,488 | +€47,442 | +364% |
| Tangible fixed assets | 22/27 | €13,046 | €60,488 | +€47,442 | +364% |
| Plant, machinery and equipment | 23 | - | €1,433 | +€1,433 | |
| Furniture and vehicles | 24 | €13,046 | €59,055 | +€46,009 | +353% |
| Current assets | 29/58 | €302,984 | €298,611 | -€4,373 | -1.4% |
| Stocks and contracts in progress | 3 | €102,340 | €0 | -€102,340 | -100% |
| Stocks | 30/36 | €102,340 | €0 | -€102,340 | -100% |
| Amounts receivable within one year | 40/41 | €1,315 | €245,229 | +€243,914 | +18,549% |
| Trade receivables | 40 | - | €244,137 | +€244,137 | |
| Other amounts receivable | 41 | €1,315 | €1,093 | -€222 | -16.9% |
| Cash at bank and in hand | 54/58 | €199,251 | €53,229 | -€146,023 | -73.3% |
| Deferred charges and accrued income | 490/1 | €77 | €153 | +€76 | +99.1% |
| Total equity and liabilities | 10/49 | €316,030 | €359,099 | +€43,069 | +13.6% |
| Equity | 10/15 | €120,335 | €206,113 | +€85,778 | +71.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €118,835 | €204,613 | +€85,778 | +72.2% |
| Distributable reserves | 133 | €118,835 | €204,613 | +€85,778 | +72.2% |
| Amounts payable | 17/49 | €195,695 | €152,987 | -€42,709 | -21.8% |
| Amounts payable after more than one year | 17 | - | €24,487 | +€24,487 | |
| Financial debts | 170/4 | - | €24,487 | +€24,487 | |
| Amounts payable within one year | 42/48 | €195,658 | €128,500 | -€67,158 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | - | €21,629 | +€21,629 | |
| Trade debts | 44 | €7,141 | €36,082 | +€28,941 | +405% |
| Suppliers | 440/4 | €7,141 | €36,082 | +€28,941 | +405% |
| Advances received on contracts in progress | 46 | €143,973 | €0 | -€143,973 | -100% |
| Taxes, remuneration and social security | 45 | €43,605 | €70,360 | +€26,755 | +61.4% |
| Taxes | 450/3 | €43,605 | €69,634 | +€26,028 | +59.7% |
| Remuneration and social security | 454/9 | - | €727 | +€727 | |
| Other amounts payable | 47/48 | €939 | €429 | -€510 | -54.3% |
| Accrued charges and deferred income | 492/3 | €37 | €0 | -€37 | -100% |
| Remuneration, social security and pensions | 62 | - | €13,137 | +€13,137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,189 | €22,903 | +€16,714 | +270% |
| Other operating charges | 640/8 | €1,475 | €1,292 | -€184 | -12.4% |
| Gross operating margin | 9900 | €169,746 | €152,806 | -€16,940 | -10.0% |
| Operating profit (loss) | 9901 | €162,082 | €115,475 | -€46,607 | -28.8% |
| Financial income | 75/76B | €1,814 | €8,107 | +€6,292 | +347% |
| Recurring financial income | 75 | €1,814 | €8,107 | +€6,292 | +347% |
| Financial charges | 65/66B | €9,441 | €11,193 | +€1,751 | +18.5% |
| Recurring financial charges | 65 | €9,441 | €11,193 | +€1,751 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €154,455 | €112,389 | -€42,066 | -27.2% |
| Income taxes | 67/77 | €41,232 | €26,611 | -€14,621 | -35.5% |
| Profit (loss) for the period | 9904 | €113,223 | €85,778 | -€27,445 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €113,223 | €85,778 | -€27,445 | -24.2% |
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 20 October 2026 via checked.be.