D en D Partners: what changed
D en D Partners
Largest movements
- Cash +€23,721
up €23,721 (+34.5%), from €68,754 to €92,475
mainly Net result for the year (+€9,479) and Depreciation (+€9,107)
- Tangible fixed assets -€9,107
down €9,107 (-7.4%), from €122,785 to €113,678
- Reserves +€9,479
up €9,479 (+2.9%), from €328,232 to €337,712
of which Distributable reserves: +€11,539
- Trade debts +€5,623
up €5,623 (+1,242%), from €453 to €6,075
- Financial income +€13,260
up €13,260 (+52,765%), from €25 to €13,285
- Gross operating margin -€3,692
down €3,692 (-18.3%), from €20,220 to €16,528
- Taxes +€3,393
up €3,393 (+111%), from €3,064 to €6,457
- Other operating charges +€1,016
up €1,016 (+28.0%), from €3,629 to €4,645
- Depreciation -€220
down €220 (-2.4%), from €9,327 to €9,107
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 | €351,847 | €366,462 | +€14,614 | +4.2% |
| Fixed assets | 21/28 | €123,095 | €113,988 | -€9,107 | -7.4% |
| Tangible fixed assets | 22/27 | €122,785 | €113,678 | -€9,107 | -7.4% |
| Land and buildings | 22 | €122,785 | €113,678 | -€9,107 | -7.4% |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €228,753 | €252,474 | +€23,721 | +10.4% |
| Current investments | 50/53 | €159,998 | €159,998 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,754 | €92,475 | +€23,721 | +34.5% |
| Total equity and liabilities | 10/49 | €351,847 | €366,462 | +€14,614 | +4.2% |
| Equity | 10/15 | €334,433 | €343,913 | +€9,479 | +2.8% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Reserves | 13 | €328,232 | €337,712 | +€9,479 | +2.9% |
| Tax-exempt reserves | 132 | €26,775 | €24,715 | -€2,060 | -7.7% |
| Distributable reserves | 133 | €301,457 | €312,996 | +€11,539 | +3.8% |
| Provisions and deferred taxes | 16 | €11,475 | €10,592 | -€883 | -7.7% |
| Deferred taxes | 168 | €11,475 | €10,592 | -€883 | -7.7% |
| Amounts payable | 17/49 | €5,939 | €11,957 | +€6,018 | +101% |
| Amounts payable within one year | 42/48 | €5,939 | €11,957 | +€6,018 | +101% |
| Trade debts | 44 | €453 | €6,075 | +€5,623 | +1,242% |
| Suppliers | 440/4 | €453 | €6,075 | +€5,623 | +1,242% |
| Taxes, remuneration and social security | 45 | €1,987 | €2,471 | +€485 | +24.4% |
| Taxes | 450/3 | €1,987 | €2,471 | +€485 | +24.4% |
| Other amounts payable | 47/48 | €3,500 | €3,410 | -€90 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,327 | €9,107 | -€220 | -2.4% |
| Other operating charges | 640/8 | €3,629 | €4,645 | +€1,016 | +28.0% |
| Gross operating margin | 9900 | €20,220 | €16,528 | -€3,692 | -18.3% |
| Operating profit (loss) | 9901 | €7,265 | €2,776 | -€4,489 | -61.8% |
| Financial income | 75/76B | €25 | €13,285 | +€13,260 | +52,765% |
| Recurring financial income | 75 | €25 | €13,285 | +€13,260 | +52,765% |
| Financial charges | 65/66B | €1,009 | €1,007 | -€2 | -0.2% |
| Recurring financial charges | 65 | €1,009 | €1,007 | -€2 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €6,280 | €15,054 | +€8,773 | +140% |
| Transfer from deferred taxes | 780 | €883 | €883 | = | 0.0% |
| Income taxes | 67/77 | €3,064 | €6,457 | +€3,393 | +111% |
| Profit (loss) for the period | 9904 | €4,099 | €9,479 | +€5,381 | +131% |
| Transfer from tax-exempt reserves | 789 | €2,060 | €2,060 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,159 | €11,539 | +€5,381 | +87.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.