D & D VISIE: 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 VISIE
Largest movements
- Tangible fixed assets -€19,803
down €19,803 (-8.9%), from €222,167 to €202,364
of which Furniture and vehicles: -€14,219
- Cash +€17,881
up €17,881 (+47.9%), from €37,298 to €55,179
mainly Depreciation (+€39,801) and Net result for the year (+€13,171)
- Debts after one year -€18,295
down €18,295 (-25.4%), from €72,145 to €53,850
- Reserves +€13,171
up €13,171 (+8.4%), from €155,997 to €169,168
of which Distributable reserves: +€13,171
- Gross operating margin -€3,333
down €3,333 (-4.9%), from €67,637 to €64,304
- Depreciation +€2,230
up €2,230 (+5.9%), from €37,571 to €39,801
- Taxes -€1,784
down €1,784 (-24.6%), from €7,252 to €5,468
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 | €274,524 | €267,396 | -€7,128 | -2.6% |
| Fixed assets | 21/28 | €222,218 | €202,415 | -€19,803 | -8.9% |
| Tangible fixed assets | 22/27 | €222,167 | €202,364 | -€19,803 | -8.9% |
| Land and buildings | 22 | €126,187 | €120,691 | -€5,496 | -4.4% |
| Plant, machinery and equipment | 23 | €22,963 | €25,578 | +€2,615 | +11.4% |
| Furniture and vehicles | 24 | €56,585 | €42,366 | -€14,219 | -25.1% |
| Other tangible fixed assets | 26 | €16,432 | €13,729 | -€2,703 | -16.4% |
| Financial fixed assets | 28 | €51 | €51 | = | 0.0% |
| Current assets | 29/58 | €52,306 | €64,981 | +€12,675 | +24.2% |
| Stocks and contracts in progress | 3 | €9,783 | €8,271 | -€1,512 | -15.5% |
| Stocks | 30/36 | €4,783 | €4,271 | -€512 | -10.7% |
| Contracts in progress | 37 | €5,000 | €4,000 | -€1,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €2,727 | €1,319 | -€1,408 | -51.6% |
| Trade receivables | 40 | €2,008 | €1,319 | -€689 | -34.3% |
| Other amounts receivable | 41 | €719 | - | -€719 | |
| Cash at bank and in hand | 54/58 | €37,298 | €55,179 | +€17,881 | +47.9% |
| Deferred charges and accrued income | 490/1 | €2,498 | €212 | -€2,286 | -91.5% |
| Total equity and liabilities | 10/49 | €274,524 | €267,396 | -€7,128 | -2.6% |
| Equity | 10/15 | €162,197 | €175,368 | +€13,171 | +8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €155,997 | €169,168 | +€13,171 | +8.4% |
| 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 | €12,685 | €12,685 | = | 0.0% |
| Distributable reserves | 133 | €141,452 | €154,623 | +€13,171 | +9.3% |
| Amounts payable | 17/49 | €112,327 | €92,028 | -€20,299 | -18.1% |
| Amounts payable after more than one year | 17 | €72,145 | €53,850 | -€18,295 | -25.4% |
| Financial debts | 170/4 | €72,145 | €53,850 | -€18,295 | -25.4% |
| Amounts payable within one year | 42/48 | €39,741 | €37,728 | -€2,013 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €17,590 | €18,295 | +€705 | +4.0% |
| Trade debts | 44 | €8,371 | €6,742 | -€1,629 | -19.5% |
| Suppliers | 440/4 | €8,371 | €6,742 | -€1,629 | -19.5% |
| Taxes, remuneration and social security | 45 | €6,391 | €6,252 | -€139 | -2.2% |
| Taxes | 450/3 | €4,276 | €4,137 | -€139 | -3.3% |
| Remuneration and social security | 454/9 | €2,115 | €2,115 | = | 0.0% |
| Other amounts payable | 47/48 | €7,389 | €6,439 | -€950 | -12.9% |
| Accrued charges and deferred income | 492/3 | €441 | €450 | +€9 | +2.0% |
| Non-recurring operating income | 76A | - | €2,112 | +€2,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,571 | €39,801 | +€2,230 | +5.9% |
| Other operating charges | 640/8 | €1,959 | €2,018 | +€59 | +3.0% |
| Gross operating margin | 9900 | €67,637 | €64,304 | -€3,333 | -4.9% |
| Operating profit (loss) | 9901 | €28,107 | €22,485 | -€5,622 | -20.0% |
| Financial income | 75/76B | €3 | €19 | +€16 | +533% |
| Recurring financial income | 75 | €3 | €19 | +€16 | +533% |
| Financial charges | 65/66B | €4,392 | €3,865 | -€527 | -12.0% |
| Recurring financial charges | 65 | €4,392 | €3,865 | -€527 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €23,718 | €18,639 | -€5,079 | -21.4% |
| Income taxes | 67/77 | €7,252 | €5,468 | -€1,784 | -24.6% |
| Profit (loss) for the period | 9904 | €16,466 | €13,171 | -€3,295 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,466 | €13,171 | -€3,295 | -20.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.