D&G GROUP: 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 GROUP
Largest movements
- Deferred charges and accrued income +€79,202
up €79,202 (+281%), from €28,138 to €107,340
- Tangible fixed assets +€69,434
up €69,434 (+65.5%), from €105,983 to €175,417
of which Plant, machinery and equipment: +€41,888
- Cash -€63,655
down €63,655 (-71.3%), from €89,222 to €25,567
mainly Investment in fixed assets (net) (-€134,129) and Deferred charges and accrued income (-€79,202)
- Receivables within one year -€54,790
down €54,790 (-46.5%), from €117,796 to €63,006
of which Trade receivables: -€79,849
- Trade debts +€74,685
up €74,685 (+620%), from €12,042 to €86,727
- Short-term financial debts -€65,000
down €65,000 (-65.0%), from €100,000 to €35,000
- Reserves +€20,000
up €20,000 (+25.3%), from €79,004 to €99,004
- Tax, wage and social debts -€11,187
down €11,187 (-19.6%), from €57,063 to €45,876
of which Remuneration and social security: -€11,737
- Debts after one year +€10,430
up €10,430 (+20.3%), from €51,276 to €61,706
- Gross operating margin +€245,185
up €245,185 (+81.5%), from €301,023 to €546,208
- Staff costs +€169,461
up €169,461 (+74.7%), from €226,920 to €396,381
- Depreciation +€26,739
up €26,739 (+74.8%), from €35,756 to €62,495
- Financial charges +€19,016
up €19,016 (+184%), from €10,335 to €29,351
- Other operating charges +€14,685
up €14,685 (+298%), from €4,927 to €19,613
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 | €342,846 | €375,237 | +€32,390 | +9.4% |
| Fixed assets | 21/28 | €107,689 | €179,323 | +€71,634 | +66.5% |
| Tangible fixed assets | 22/27 | €105,983 | €175,417 | +€69,434 | +65.5% |
| Plant, machinery and equipment | 23 | €17,859 | €59,748 | +€41,888 | +235% |
| Furniture and vehicles | 24 | €77,760 | €110,997 | +€33,236 | +42.7% |
| Leasing and similar rights | 25 | €10,363 | €4,672 | -€5,691 | -54.9% |
| Financial fixed assets | 28 | €1,706 | €3,906 | +€2,200 | +129% |
| Current assets | 29/58 | €235,157 | €195,913 | -€39,243 | -16.7% |
| Amounts receivable within one year | 40/41 | €117,796 | €63,006 | -€54,790 | -46.5% |
| Trade receivables | 40 | €97,549 | €17,700 | -€79,849 | -81.9% |
| Other amounts receivable | 41 | €20,247 | €45,306 | +€25,059 | +124% |
| Cash at bank and in hand | 54/58 | €89,222 | €25,567 | -€63,655 | -71.3% |
| Deferred charges and accrued income | 490/1 | €28,138 | €107,340 | +€79,202 | +281% |
| Total equity and liabilities | 10/49 | €342,846 | €375,237 | +€32,390 | +9.4% |
| Equity | 10/15 | €95,236 | €118,499 | +€23,263 | +24.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €79,004 | €99,004 | +€20,000 | +25.3% |
| Distributable reserves | 133 | €79,004 | €99,004 | +€20,000 | +25.3% |
| Profit (loss) carried forward | 14 | €3,832 | €7,095 | +€3,263 | +85.2% |
| Amounts payable | 17/49 | €247,610 | €256,738 | +€9,127 | +3.7% |
| Amounts payable after more than one year | 17 | €51,276 | €61,706 | +€10,430 | +20.3% |
| Financial debts | 170/4 | €51,276 | €61,706 | +€10,430 | +20.3% |
| Amounts payable within one year | 42/48 | €196,334 | €195,032 | -€1,303 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €27,229 | €27,429 | +€199 | +0.7% |
| Financial debts | 43 | €100,000 | €35,000 | -€65,000 | -65.0% |
| Other loans | 439 | €100,000 | €35,000 | -€65,000 | -65.0% |
| Trade debts | 44 | €12,042 | €86,727 | +€74,685 | +620% |
| Suppliers | 440/4 | €12,042 | €86,727 | +€74,685 | +620% |
| Taxes, remuneration and social security | 45 | €57,063 | €45,876 | -€11,187 | -19.6% |
| Taxes | 450/3 | €16,776 | €17,326 | +€550 | +3.3% |
| Remuneration and social security | 454/9 | €40,287 | €28,550 | -€11,737 | -29.1% |
| Remuneration, social security and pensions | 62 | €226,920 | €396,381 | +€169,461 | +74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,756 | €62,495 | +€26,739 | +74.8% |
| Other operating charges | 640/8 | €4,927 | €19,613 | +€14,685 | +298% |
| Gross operating margin | 9900 | €301,023 | €546,208 | +€245,185 | +81.5% |
| Operating profit (loss) | 9901 | €33,419 | €67,719 | +€34,300 | +103% |
| Financial income | 75/76B | €1,091 | €113 | -€979 | -89.7% |
| Recurring financial income | 75 | €1,091 | €113 | -€979 | -89.7% |
| Financial charges | 65/66B | €10,335 | €29,351 | +€19,016 | +184% |
| Recurring financial charges | 65 | €10,335 | €29,351 | +€19,016 | +184% |
| Profit (loss) for the period before taxes | 9903 | €24,175 | €38,480 | +€14,306 | +59.2% |
| Income taxes | 67/77 | €8,218 | €15,217 | +€6,999 | +85.2% |
| Profit (loss) for the period | 9904 | €15,957 | €23,263 | +€7,306 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,957 | €23,263 | +€7,306 | +45.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.