D drive: what changed
Two fiscal 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 drive
Largest movements
- Tangible fixed assets +€10,074
up €10,074 (+249.1%), from €4,044 to €14,118
- Receivables within one year +€6,733
up €6,733 (+187.4%), from €3,593 to €10,326
of which Trade receivables: +€5,403
- Current portion of long-term debt +€8,084
new in 2025: €8,084
- Debts after one year +€8,070
new in 2025: €8,070
- Other debts -€7,500
down €7,500 (-53.6%), from €14,000 to €6,500
- Trade debts +€5,142
up €5,142 (+293.9%), from €1,750 to €6,892
- Profit (loss) carried forward +€1,539
up €1,539 (+77.4%), from €1,989 to €3,528
- Depreciation +€4,888
up €4,888 (+226.1%), from €2,162 to €7,050
- Gross operating margin -€3,482
down €3,482 (-14.7%), from €23,735 to €20,253
- Taxes -€1,966
down €1,966 (-46.8%), from €4,197 to €2,231
- Financial charges +€1,934
up €1,934 (+376.7%), from €513 to €2,448
- Other operating charges -€295
down €295 (-30.6%), from €966 to €670
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.
Cash bridge derived
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 | €26,220 | €42,598 | +€16,378 | +62.5% |
| Fixed assets | 21/28 | €4,044 | €14,118 | +€10,074 | +249.1% |
| Tangible fixed assets | 22/27 | €4,044 | €14,118 | +€10,074 | +249.1% |
| Furniture and vehicles | 24 | €4,044 | €14,118 | +€10,074 | +249.1% |
| Current assets | 29/58 | €22,177 | €28,481 | +€6,304 | +28.4% |
| Amounts receivable within one year | 40/41 | €3,593 | €10,326 | +€6,733 | +187.4% |
| Trade receivables | 40 | €570 | €5,973 | +€5,403 | +948.0% |
| Other amounts receivable | 41 | €3,023 | €4,353 | +€1,331 | +44.0% |
| Cash at bank and in hand | 54/58 | €17,151 | €16,989 | -€162 | -0.9% |
| Deferred charges and accrued income | 490/1 | €1,433 | €1,165 | -€267 | -18.7% |
| Total equity and liabilities | 10/49 | €26,220 | €42,598 | +€16,378 | +62.5% |
| Equity | 10/15 | €5,989 | €7,528 | +€1,539 | +25.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,989 | €3,528 | +€1,539 | +77.4% |
| Amounts payable | 17/49 | €20,231 | €35,071 | +€14,840 | +73.4% |
| Amounts payable after more than one year | 17 | - | €8,070 | +€8,070 | |
| Financial debts | 170/4 | - | €8,070 | +€8,070 | |
| Amounts payable within one year | 42/48 | €20,231 | €27,001 | +€6,770 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,084 | +€8,084 | |
| Trade debts | 44 | €1,750 | €6,892 | +€5,142 | +293.9% |
| Suppliers | 440/4 | €1,750 | €6,892 | +€5,142 | +293.9% |
| Taxes, remuneration and social security | 45 | €4,481 | €5,524 | +€1,043 | +23.3% |
| Taxes | 450/3 | €4,481 | €5,524 | +€1,043 | +23.3% |
| Other amounts payable | 47/48 | €14,000 | €6,500 | -€7,500 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,162 | €7,050 | +€4,888 | +226.1% |
| Other operating charges | 640/8 | €966 | €670 | -€295 | -30.6% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €23,735 | €20,253 | -€3,482 | -14.7% |
| Operating profit (loss) | 9901 | €20,545 | €12,533 | -€8,012 | -39.0% |
| Financial income | 75/76B | €155 | €184 | +€29 | +19.0% |
| Recurring financial income | 75 | €155 | €184 | +€29 | +19.0% |
| Financial charges | 65/66B | €513 | €2,448 | +€1,934 | +376.7% |
| Recurring financial charges | 65 | €513 | €2,448 | +€1,934 | +376.7% |
| Profit (loss) for the period before taxes | 9903 | €20,186 | €10,269 | -€9,917 | -49.1% |
| Income taxes | 67/77 | €4,197 | €2,231 | -€1,966 | -46.8% |
| Profit (loss) for the period | 9904 | €15,989 | €8,039 | -€7,950 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,989 | €8,039 | -€7,950 | -49.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.