D.G.: 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.G.
Largest movements
- Cash +€149,181
new in 2025: €149,181
mainly Accrued charges and deferred income (+€149,181) and Trade debts (+€87,985)
- Receivables within one year +€68,704
up €68,704 (+783%), from €8,771 to €77,475
of which Trade receivables: +€75,045
- Accrued charges and deferred income +€149,181
new in 2025: €149,181
- Trade debts +€87,985
new in 2025: €87,985
- Profit (loss) carried forward -€12,840
new in 2025: -€12,840
- Tax, wage and social debts -€6,496
down €6,496 (-73.6%), from €8,825 to €2,330
of which Taxes: -€3,935
- Turnover +€76,169
new in 2025: €76,169
- Gross operating margin +€43,989
up €43,989 (+81.6%), from -€53,890 to -€9,901
- Other operating charges +€2,893
up €2,893 (+6,289%), from €46 to €2,939
- Staff costs -€1,188
no longer reported in 2025 (was €1,188)
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 | €8,825 | €226,656 | +€217,831 | +2,468% |
| Formation expenses | 20 | €55 | - | -€55 | |
| Current assets | 29/58 | €8,771 | €226,656 | +€217,885 | +2,484% |
| Amounts receivable within one year | 40/41 | €8,771 | €77,475 | +€68,704 | +783% |
| Trade receivables | 40 | - | €75,045 | +€75,045 | |
| Other amounts receivable | 41 | €8,771 | €2,430 | -€6,340 | -72.3% |
| Cash at bank and in hand | 54/58 | - | €149,181 | +€149,181 | |
| Total equity and liabilities | 10/49 | €8,825 | €226,656 | +€217,831 | +2,468% |
| Equity | 10/15 | - | -€12,840 | -€12,840 | |
| Profit (loss) carried forward | 14 | - | -€12,840 | -€12,840 | |
| Amounts payable | 17/49 | €8,825 | €239,496 | +€230,671 | +2,614% |
| Amounts payable within one year | 42/48 | €8,825 | €90,315 | +€81,490 | +923% |
| Trade debts | 44 | - | €87,985 | +€87,985 | |
| Suppliers | 440/4 | - | €87,985 | +€87,985 | |
| Taxes, remuneration and social security | 45 | €8,825 | €2,330 | -€6,496 | -73.6% |
| Taxes | 450/3 | €6,264 | €2,330 | -€3,935 | -62.8% |
| Remuneration and social security | 454/9 | €2,561 | - | -€2,561 | |
| Accrued charges and deferred income | 492/3 | - | €149,181 | +€149,181 | |
| Turnover | 70 | - | €76,169 | +€76,169 | |
| Non-recurring operating income | 76A | - | €66,269 | +€66,269 | |
| Remuneration, social security and pensions | 62 | €1,188 | - | -€1,188 | |
| Other operating charges | 640/8 | €46 | €2,939 | +€2,893 | +6,289% |
| Gross operating margin | 9900 | -€53,890 | -€9,901 | +€43,989 | +81.6% |
| Operating profit (loss) | 9901 | -€55,124 | -€12,840 | +€42,284 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | -€55,124 | -€12,840 | +€42,284 | +76.7% |
| Profit (loss) for the period | 9904 | -€55,124 | -€12,840 | +€42,284 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,124 | -€12,840 | +€42,284 | +76.7% |
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 17 October 2026 via checked.be.