D&G Expertisebureau: 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 Expertisebureau
Largest movements
- Intangible fixed assets +€108,986
new in 2025: €108,986
- Receivables after one year +€22,806
up €22,806 (+55.2%), from €41,347 to €64,153
of which Other amounts receivable: +€22,806
- Tangible fixed assets +€6,650
up €6,650 (+20.0%), from €33,330 to €39,980
of which Furniture and vehicles: +€6,650
- Receivables within one year +€5,321
up €5,321 (+129%), from €4,117 to €9,438
of which Trade receivables: +€5,372
- Debts after one year +€104,139
new in 2025: €104,139
- Reserves +€16,765
up €16,765 (+33.7%), from €49,812 to €66,577
of which Distributable reserves: +€16,765
- Tax, wage and social debts +€8,589
up €8,589 (+84.3%), from €10,185 to €18,774
- Current portion of long-term debt +€7,743
new in 2025: €7,743
- Trade debts +€5,117
up €5,117 (+196%), from €2,612 to €7,729
- Gross operating margin +€19,767
up €19,767 (+180%), from €10,991 to €30,758
- Depreciation +€3,768
up €3,768, from €0 to €3,768
- Taxes +€2,952
up €2,952 (+60.7%), from €4,863 to €7,815
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 | €81,560 | €225,173 | +€143,613 | +176% |
| Fixed assets | 21/28 | €33,330 | €148,966 | +€115,636 | +347% |
| Intangible fixed assets | 21 | - | €108,986 | +€108,986 | |
| Tangible fixed assets | 22/27 | €33,330 | €39,980 | +€6,650 | +20.0% |
| Furniture and vehicles | 24 | - | €6,650 | +€6,650 | |
| Other tangible fixed assets | 26 | €33,330 | €33,330 | = | 0.0% |
| Current assets | 29/58 | €48,230 | €76,207 | +€27,977 | +58.0% |
| Amounts receivable after more than one year | 29 | €41,347 | €64,153 | +€22,806 | +55.2% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €41,347 | €64,153 | +€22,806 | +55.2% |
| Amounts receivable within one year | 40/41 | €4,117 | €9,438 | +€5,321 | +129% |
| Trade receivables | 40 | €4,066 | €9,438 | +€5,372 | +132% |
| Other amounts receivable | 41 | €51 | €0 | -€51 | -100% |
| Cash at bank and in hand | 54/58 | €516 | €2,616 | +€2,100 | +407% |
| Deferred charges and accrued income | 490/1 | €2,250 | €0 | -€2,250 | -100% |
| Total equity and liabilities | 10/49 | €81,560 | €225,173 | +€143,613 | +176% |
| Equity | 10/15 | €68,404 | €85,169 | +€16,765 | +24.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €49,812 | €66,577 | +€16,765 | +33.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €47,953 | €64,718 | +€16,765 | +35.0% |
| Amounts payable | 17/49 | €13,156 | €140,004 | +€126,848 | +964% |
| Amounts payable after more than one year | 17 | - | €104,139 | +€104,139 | |
| Financial debts | 170/4 | - | €104,139 | +€104,139 | |
| Amounts payable within one year | 42/48 | €13,156 | €35,865 | +€22,709 | +173% |
| Current portion of amounts payable after more than one year | 42 | - | €7,743 | +€7,743 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,612 | €7,729 | +€5,117 | +196% |
| Suppliers | 440/4 | €2,612 | €7,729 | +€5,117 | +196% |
| Taxes, remuneration and social security | 45 | €10,185 | €18,774 | +€8,589 | +84.3% |
| Taxes | 450/3 | €10,185 | €18,774 | +€8,589 | +84.3% |
| Other amounts payable | 47/48 | €359 | €1,619 | +€1,260 | +351% |
| Non-recurring operating income | 76A | - | €9,160 | +€9,160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €3,768 | +€3,768 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €967 | €1,273 | +€306 | +31.7% |
| Gross operating margin | 9900 | €10,991 | €30,758 | +€19,767 | +180% |
| Operating profit (loss) | 9901 | €10,024 | €25,718 | +€15,693 | +157% |
| Financial income | 75/76B | €4 | €2 | -€2 | -48.8% |
| Recurring financial income | 75 | €4 | €2 | -€2 | -48.8% |
| Financial charges | 65/66B | €1,078 | €1,140 | +€62 | +5.8% |
| Recurring financial charges | 65 | €1,078 | €1,140 | +€62 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €8,950 | €24,580 | +€15,630 | +175% |
| Income taxes | 67/77 | €4,863 | €7,815 | +€2,952 | +60.7% |
| Profit (loss) for the period | 9904 | €4,087 | €16,765 | +€12,678 | +310% |
| Profit (loss) for the period to be appropriated | 9905 | €4,087 | €16,765 | +€12,678 | +310% |
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 31 October 2026 via checked.be.