D.D.V 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.V MANAGEMENT
Largest movements
- Receivables within one year +€29,274
up €29,274 (+20.4%), from €143,685 to €172,959
of which Trade receivables: +€15,760
- Tangible fixed assets -€24,247
down €24,247 (-5.3%), from €460,818 to €436,570
of which Land and buildings: -€18,765
- Cash +€7,798
up €7,798 (+306%), from €2,547 to €10,345
mainly Depreciation (+€33,380) and Net result for the year (+€27,585)
- Profit (loss) carried forward +€27,585
up €27,585 (+3.1%), from -€899,324 to -€871,739
- Debts after one year -€26,192
down €26,192 (-4.2%), from €618,780 to €592,588
of which Other amounts payable: -€19,999
- Gross operating margin +€27,126
up €27,126 (+55.6%), from €48,804 to €75,930
- Depreciation +€1,771
up €1,771 (+5.6%), from €31,609 to €33,380
- Other operating charges -€1,173
down €1,173 (-9.4%), from €12,536 to €11,363
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €724,603 | €731,350 | +€6,748 | +0.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €569,818 | €545,570 | -€24,247 | -4.3% |
| Tangible fixed assets | 22/27 | €460,818 | €436,570 | -€24,247 | -5.3% |
| Land and buildings | 22 | €400,205 | €381,440 | -€18,765 | -4.7% |
| Plant, machinery and equipment | 23 | €57,553 | €46,313 | -€11,240 | -19.5% |
| Furniture and vehicles | 24 | €3,059 | €8,817 | +€5,757 | +188% |
| Financial fixed assets | 28 | €109,000 | €109,000 | = | 0.0% |
| Current assets | 29/58 | €154,785 | €185,780 | +€30,995 | +20.0% |
| Amounts receivable within one year | 40/41 | €143,685 | €172,959 | +€29,274 | +20.4% |
| Trade receivables | 40 | €56,757 | €72,517 | +€15,760 | +27.8% |
| Other amounts receivable | 41 | €86,928 | €100,442 | +€13,514 | +15.5% |
| Cash at bank and in hand | 54/58 | €2,547 | €10,345 | +€7,798 | +306% |
| Deferred charges and accrued income | 490/1 | €8,552 | €2,476 | -€6,077 | -71.1% |
| Total equity and liabilities | 10/49 | €724,603 | €731,350 | +€6,748 | +0.9% |
| Equity | 10/15 | €71,053 | €98,638 | +€27,585 | +38.8% |
| Contributions | 10/11 | €926,228 | €926,228 | = | 0.0% |
| Capital | 10 | €926,228 | - | -€926,228 | |
| Issued capital | 100 | €926,228 | - | -€926,228 | |
| Reserves | 13 | €44,149 | €44,149 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,649 | €6,649 | = | 0.0% |
| Legal reserve | 130 | €6,649 | - | -€6,649 | |
| Reserves not available under the articles | 1311 | - | €6,649 | +€6,649 | |
| Distributable reserves | 133 | €37,500 | €37,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€899,324 | -€871,739 | +€27,585 | +3.1% |
| Amounts payable | 17/49 | €653,550 | €632,712 | -€20,838 | -3.2% |
| Amounts payable after more than one year | 17 | €618,780 | €592,588 | -€26,192 | -4.2% |
| Financial debts | 170/4 | €55,082 | €48,889 | -€6,193 | -11.2% |
| Other amounts payable | 178/9 | €563,698 | €543,700 | -€19,999 | -3.5% |
| Amounts payable within one year | 42/48 | €34,769 | €40,124 | +€5,354 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €7,827 | €7,553 | -€273 | -3.5% |
| Trade debts | 44 | €15,344 | €21,346 | +€6,002 | +39.1% |
| Suppliers | 440/4 | €15,344 | €21,346 | +€6,002 | +39.1% |
| Taxes, remuneration and social security | 45 | €1,598 | €1,224 | -€374 | -23.4% |
| Taxes | 450/3 | €1,598 | €1,224 | -€374 | -23.4% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,609 | €33,380 | +€1,771 | +5.6% |
| Other operating charges | 640/8 | €12,536 | €11,363 | -€1,173 | -9.4% |
| Gross operating margin | 9900 | €48,804 | €75,930 | +€27,126 | +55.6% |
| Operating profit (loss) | 9901 | €4,660 | €31,187 | +€26,528 | +569% |
| Financial charges | 65/66B | €3,670 | €3,602 | -€69 | -1.9% |
| Recurring financial charges | 65 | €3,670 | €3,602 | -€69 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €989 | €27,585 | +€26,596 | +2,689% |
| Profit (loss) for the period | 9904 | €989 | €27,585 | +€26,596 | +2,689% |
| Profit (loss) for the period to be appropriated | 9905 | €989 | €27,585 | +€26,596 | +2,689% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.