D & DI 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 & DI MANAGEMENT
Largest movements
- Stocks and contracts -€540,600
down €540,600 (-57.2%), from €945,367 to €404,766
- Receivables within one year +€98,425
up €98,425 (+139%), from €70,556 to €168,981
of which Other amounts receivable: +€98,588
- Current portion of long-term debt -€631,000
no longer reported in 2025 (was €631,000)
- Profit (loss) carried forward +€118,123
up €118,123 (+127%), from €93,223 to €211,346
- Other debts +€74,281
up €74,281 (+33.8%), from €220,072 to €294,352
- Gross operating margin +€133,508
up €133,508 (+299%), from €44,620 to €178,128
- Taxes +€34,507
up €34,507 (+1,431%), from €2,412 to €36,919
- Financial charges -€16,099
down €16,099 (-52.3%), from €30,795 to €14,696
- Depreciation -€5,316
no longer reported in 2025 (was €5,316)
- Other operating charges +€5,287
up €5,287 (+170%), from €3,102 to €8,389
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 | €1,030,652 | €573,757 | -€456,895 | -44.3% |
| Fixed assets | 21/28 | €9,265 | - | -€9,265 | |
| Tangible fixed assets | 22/27 | €9,265 | - | -€9,265 | |
| Furniture and vehicles | 24 | €9,265 | - | -€9,265 | |
| Current assets | 29/58 | €1,021,387 | €573,757 | -€447,630 | -43.8% |
| Stocks and contracts in progress | 3 | €945,367 | €404,766 | -€540,600 | -57.2% |
| Stocks | 30/36 | €945,367 | €404,766 | -€540,600 | -57.2% |
| Amounts receivable within one year | 40/41 | €70,556 | €168,981 | +€98,425 | +139% |
| Trade receivables | 40 | €163 | - | -€163 | |
| Other amounts receivable | 41 | €70,393 | €168,981 | +€98,588 | +140% |
| Cash at bank and in hand | 54/58 | €4,858 | €10 | -€4,849 | -99.8% |
| Deferred charges and accrued income | 490/1 | €605 | - | -€605 | |
| Total equity and liabilities | 10/49 | €1,030,652 | €573,757 | -€456,895 | -44.3% |
| Equity | 10/15 | €111,823 | €229,946 | +€118,123 | +106% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,223 | €211,346 | +€118,123 | +127% |
| Amounts payable | 17/49 | €918,829 | €343,811 | -€575,018 | -62.6% |
| Amounts payable within one year | 42/48 | €918,829 | €343,811 | -€575,018 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | €631,000 | - | -€631,000 | |
| Financial debts | 43 | - | €12 | +€12 | |
| Credit institutions | 430/8 | - | €12 | +€12 | |
| Trade debts | 44 | €17,666 | €8,145 | -€9,521 | -53.9% |
| Suppliers | 440/4 | €17,666 | €8,145 | -€9,521 | -53.9% |
| Taxes, remuneration and social security | 45 | €50,091 | €41,301 | -€8,790 | -17.5% |
| Taxes | 450/3 | €50,091 | €41,301 | -€8,790 | -17.5% |
| Other amounts payable | 47/48 | €220,072 | €294,352 | +€74,281 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,316 | - | -€5,316 | |
| Other operating charges | 640/8 | €3,102 | €8,389 | +€5,287 | +170% |
| Gross operating margin | 9900 | €44,620 | €178,128 | +€133,508 | +299% |
| Operating profit (loss) | 9901 | €36,202 | €169,739 | +€133,536 | +369% |
| Financial income | 75/76B | €235 | - | -€235 | |
| Recurring financial income | 75 | €235 | - | -€235 | |
| Financial charges | 65/66B | €30,795 | €14,696 | -€16,099 | -52.3% |
| Recurring financial charges | 65 | €30,795 | €14,696 | -€16,099 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €5,642 | €155,042 | +€149,400 | +2,648% |
| Income taxes | 67/77 | €2,412 | €36,919 | +€34,507 | +1,431% |
| Profit (loss) for the period | 9904 | €3,230 | €118,123 | +€114,893 | +3,557% |
| Profit (loss) for the period to be appropriated | 9905 | €3,230 | €118,123 | +€114,893 | +3,557% |
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 29 October 2026 via checked.be.