D+D Woningwerken: what changed
D+D Woningwerken
Largest movements
- Receivables within one year +€115,013
up €115,013 (+30.7%), from €375,202 to €490,215
of which Trade receivables: +€142,763
- Cash +€64,266
up €64,266 (+84.0%), from €76,509 to €140,775
mainly Net result for the year (+€107,673) and Trade debts (+€51,132)
- Tangible fixed assets -€15,232
down €15,232 (-22.6%), from €67,457 to €52,225
- Reserves +€107,673
up €107,673 (+30.8%), from €349,771 to €457,444
of which Distributable reserves: +€107,673
- Trade debts +€51,132
up €51,132 (+223%), from €22,910 to €74,042
- Profit (loss) carried forward -€31,392
down €31,392 (-55.0%), from €57,034 to €25,642
- Other debts +€13,794
up €13,794 (+17.8%), from €77,314 to €91,108
- Tax, wage and social debts +€9,752
up €9,752 (+87.8%), from €11,106 to €20,858
of which Taxes: +€12,238
- Gross operating margin +€140,948
up €140,948 (+91.4%), from €154,287 to €295,235
- Taxes +€25,140
up €25,140 (+3,088%), from €814 to €25,954
- Staff costs +€6,597
up €6,597 (+5.0%), from €132,113 to €138,710
- Depreciation +€4,723
up €4,723 (+37.4%), from €12,646 to €17,369
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €537,184 | €696,577 | +€159,393 | +29.7% |
| Fixed assets | 21/28 | €67,457 | €52,225 | -€15,232 | -22.6% |
| Tangible fixed assets | 22/27 | €67,457 | €52,225 | -€15,232 | -22.6% |
| Plant, machinery and equipment | 23 | €67,457 | €52,225 | -€15,232 | -22.6% |
| Current assets | 29/58 | €469,727 | €644,352 | +€174,625 | +37.2% |
| Stocks and contracts in progress | 3 | €12,326 | €6,439 | -€5,887 | -47.8% |
| Stocks | 30/36 | €12,326 | €6,439 | -€5,887 | -47.8% |
| Amounts receivable within one year | 40/41 | €375,202 | €490,215 | +€115,013 | +30.7% |
| Trade receivables | 40 | €341,110 | €483,873 | +€142,763 | +41.9% |
| Other amounts receivable | 41 | €34,091 | €6,342 | -€27,750 | -81.4% |
| Cash at bank and in hand | 54/58 | €76,509 | €140,775 | +€64,266 | +84.0% |
| Deferred charges and accrued income | 490/1 | €5,690 | €6,923 | +€1,233 | +21.7% |
| Total equity and liabilities | 10/49 | €537,184 | €696,577 | +€159,393 | +29.7% |
| Equity | 10/15 | €425,397 | €501,679 | +€76,281 | +17.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €349,771 | €457,444 | +€107,673 | +30.8% |
| Tax-exempt reserves | 132 | €45,631 | €45,631 | = | 0.0% |
| Distributable reserves | 133 | €304,140 | €411,813 | +€107,673 | +35.4% |
| Profit (loss) carried forward | 14 | €57,034 | €25,642 | -€31,392 | -55.0% |
| Amounts payable | 17/49 | €111,786 | €194,899 | +€83,112 | +74.3% |
| Amounts payable within one year | 42/48 | €111,330 | €194,899 | +€83,568 | +75.1% |
| Financial debts | 43 | - | €8,891 | +€8,891 | |
| Credit institutions | 430/8 | - | €8,891 | +€8,891 | |
| Trade debts | 44 | €22,910 | €74,042 | +€51,132 | +223% |
| Suppliers | 440/4 | €22,910 | €74,042 | +€51,132 | +223% |
| Taxes, remuneration and social security | 45 | €11,106 | €20,858 | +€9,752 | +87.8% |
| Taxes | 450/3 | €1,762 | €14,001 | +€12,238 | +695% |
| Remuneration and social security | 454/9 | €9,344 | €6,858 | -€2,487 | -26.6% |
| Other amounts payable | 47/48 | €77,314 | €91,108 | +€13,794 | +17.8% |
| Accrued charges and deferred income | 492/3 | €456 | - | -€456 | |
| Remuneration, social security and pensions | 62 | €132,113 | €138,710 | +€6,597 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,646 | €17,369 | +€4,723 | +37.4% |
| Other operating charges | 640/8 | €2,308 | €2,520 | +€212 | +9.2% |
| Gross operating margin | 9900 | €154,287 | €295,235 | +€140,948 | +91.4% |
| Operating profit (loss) | 9901 | €7,220 | €136,636 | +€129,416 | +1,792% |
| Financial income | 75/76B | €550 | €615 | +€64 | +11.7% |
| Recurring financial income | 75 | €550 | €615 | +€64 | +11.7% |
| Financial charges | 65/66B | €4,487 | €3,624 | -€863 | -19.2% |
| Recurring financial charges | 65 | €4,487 | €3,624 | -€863 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €3,284 | €133,627 | +€130,343 | +3,969% |
| Income taxes | 67/77 | €814 | €25,954 | +€25,140 | +3,088% |
| Profit (loss) for the period | 9904 | €2,470 | €107,673 | +€105,203 | +4,259% |
| Profit (loss) for the period to be appropriated | 9905 | €2,470 | €107,673 | +€105,203 | +4,259% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.