D.G.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.G.
Largest movements
- Current investments -€374,755
no longer reported in 2025 (was €374,755)
- Cash +€371,484
up €371,484 (+602.5%), from €61,654 to €433,138
mainly Current investments (+€374,755) and Other debts (+€61,625)
- Tangible fixed assets -€33,472
down €33,472 (-20.0%), from €167,281 to €133,809
of which Leasing and similar rights: -€34,159
- Other debts +€61,625
up €61,625 (+473.0%), from €13,027 to €74,652
- Profit (loss) carried forward -€52,874
down €52,874, from €3,721 to -€49,153
- Debts after one year -€29,634
down €29,634 (-35.1%), from €84,346 to €54,712
- Tax, wage and social debts -€21,255
down €21,255 (-99.3%), from €21,404 to €150
- Gross operating margin -€289,290
down €289,290, from €270,989 to -€18,301
- Taxes -€81,404
no longer reported in 2025 (was €81,404)
- Depreciation +€24,543
up €24,543 (+198.9%), from €12,337 to €36,880
- Financial income +€10,995
new in 2025: €10,995
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 | €629,276 | €589,878 | -€39,398 | -6.3% |
| Fixed assets | 21/28 | €170,391 | €136,919 | -€33,472 | -19.6% |
| Tangible fixed assets | 22/27 | €167,281 | €133,809 | -€33,472 | -20.0% |
| Furniture and vehicles | 24 | €6,285 | €6,973 | +€687 | +10.9% |
| Leasing and similar rights | 25 | €160,995 | €126,836 | -€34,159 | -21.2% |
| Financial fixed assets | 28 | €3,110 | €3,110 | = | 0.0% |
| Current assets | 29/58 | €458,885 | €452,959 | -€5,927 | -1.3% |
| Amounts receivable within one year | 40/41 | €14,491 | €17,538 | +€3,047 | +21.0% |
| Trade receivables | 40 | €14,317 | €3,530 | -€10,787 | -75.3% |
| Other amounts receivable | 41 | €174 | €14,008 | +€13,834 | +7930.8% |
| Current investments | 50/53 | €374,755 | - | -€374,755 | |
| Cash at bank and in hand | 54/58 | €61,654 | €433,138 | +€371,484 | +602.5% |
| Deferred charges and accrued income | 490/1 | €7,985 | €2,283 | -€5,702 | -71.4% |
| Total equity and liabilities | 10/49 | €629,276 | €589,878 | -€39,398 | -6.3% |
| Equity | 10/15 | €467,073 | €414,199 | -€52,874 | -11.3% |
| Reserves | 13 | €463,352 | €463,352 | = | 0.0% |
| Distributable reserves | 133 | €463,352 | €463,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,721 | -€49,153 | -€52,874 | |
| Amounts payable | 17/49 | €162,204 | €175,679 | +€13,475 | +8.3% |
| Amounts payable after more than one year | 17 | €84,346 | €54,712 | -€29,634 | -35.1% |
| Financial debts | 170/4 | €84,346 | €54,712 | -€29,634 | -35.1% |
| Amounts payable within one year | 42/48 | €77,858 | €120,967 | +€43,109 | +55.4% |
| Current portion of amounts payable after more than one year | 42 | €28,651 | €29,695 | +€1,044 | +3.6% |
| Trade debts | 44 | €14,775 | €16,470 | +€1,695 | +11.5% |
| Suppliers | 440/4 | €14,775 | €16,470 | +€1,695 | +11.5% |
| Taxes, remuneration and social security | 45 | €21,404 | €150 | -€21,255 | -99.3% |
| Taxes | 450/3 | €21,404 | €150 | -€21,255 | -99.3% |
| Other amounts payable | 47/48 | €13,027 | €74,652 | +€61,625 | +473.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,337 | €36,880 | +€24,543 | +198.9% |
| Other operating charges | 640/8 | €4,452 | €4,413 | -€38 | -0.9% |
| Gross operating margin | 9900 | €270,989 | -€18,301 | -€289,290 | |
| Operating profit (loss) | 9901 | €254,200 | -€59,595 | -€313,795 | |
| Financial income | 75/76B | - | €10,995 | +€10,995 | |
| Recurring financial income | 75 | - | €10,995 | +€10,995 | |
| Financial charges | 65/66B | €2,129 | €4,274 | +€2,145 | +100.8% |
| Recurring financial charges | 65 | €2,129 | €4,274 | +€2,145 | +100.8% |
| Profit (loss) for the period before taxes | 9903 | €252,071 | -€52,874 | -€304,945 | |
| Income taxes | 67/77 | €81,404 | - | -€81,404 | |
| Profit (loss) for the period | 9904 | €170,667 | -€52,874 | -€223,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €170,667 | -€52,874 | -€223,540 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.