D&G Management: 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 Management
Largest movements
- Deferred charges and accrued income -€3,049
down €3,049 (-83.4%), from €3,654 to €605
- Other debts +€9,194
up €9,194, from €0 to €9,194
- Tax, wage and social debts -€3,433
down €3,433 (-32.8%), from €10,482 to €7,049
- Debts after one year -€3,092
down €3,092 (-2.1%), from €144,065 to €140,973
- Current portion of long-term debt -€2,825
down €2,825 (-9.2%), from €30,863 to €28,038
- Gross operating margin -€20,603
down €20,603 (-75.2%), from €27,396 to €6,793
- Taxes -€1,974
down €1,974 (-55.6%), from €3,551 to €1,578
- Other operating charges -€1,858
down €1,858 (-70.0%), from €2,655 to €797
- Financial charges -€970
down €970 (-21.2%), from €4,568 to €3,598
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 | €259,446 | €258,381 | -€1,064 | -0.4% |
| Fixed assets | 21/28 | €252,198 | €254,292 | +€2,094 | +0.8% |
| Tangible fixed assets | 22/27 | €2,198 | €4,292 | +€2,094 | +95.3% |
| Plant, machinery and equipment | 23 | - | €2,707 | +€2,707 | |
| Other tangible fixed assets | 26 | €2,198 | €1,585 | -€613 | -27.9% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €7,248 | €4,090 | -€3,159 | -43.6% |
| Amounts receivable within one year | 40/41 | €2,643 | €1,950 | -€693 | -26.2% |
| Trade receivables | 40 | €1,653 | €1,950 | +€298 | +18.0% |
| Other amounts receivable | 41 | €991 | €0 | -€991 | -100% |
| Cash at bank and in hand | 54/58 | €951 | €1,535 | +€584 | +61.4% |
| Deferred charges and accrued income | 490/1 | €3,654 | €605 | -€3,049 | -83.4% |
| Total equity and liabilities | 10/49 | €259,446 | €258,381 | -€1,064 | -0.4% |
| Equity | 10/15 | €67,751 | €67,866 | +€114 | +0.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €62,751 | €62,906 | +€155 | +0.2% |
| Distributable reserves | 133 | €62,751 | €62,906 | +€155 | +0.2% |
| Profit (loss) carried forward | 14 | - | -€40 | -€40 | |
| Amounts payable | 17/49 | €191,694 | €190,516 | -€1,179 | -0.6% |
| Amounts payable after more than one year | 17 | €144,065 | €140,973 | -€3,092 | -2.1% |
| Financial debts | 170/4 | €144,065 | €140,973 | -€3,092 | -2.1% |
| Amounts payable within one year | 42/48 | €47,630 | €49,543 | +€1,913 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €30,863 | €28,038 | -€2,825 | -9.2% |
| Trade debts | 44 | €6,284 | €5,262 | -€1,022 | -16.3% |
| Suppliers | 440/4 | €6,284 | €5,262 | -€1,022 | -16.3% |
| Taxes, remuneration and social security | 45 | €10,482 | €7,049 | -€3,433 | -32.8% |
| Taxes | 450/3 | €10,482 | €7,049 | -€3,433 | -32.8% |
| Other amounts payable | 47/48 | €0 | €9,194 | +€9,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €613 | €707 | +€94 | +15.3% |
| Other operating charges | 640/8 | €2,655 | €797 | -€1,858 | -70.0% |
| Gross operating margin | 9900 | €27,396 | €6,793 | -€20,603 | -75.2% |
| Operating profit (loss) | 9901 | €24,128 | €5,289 | -€18,839 | -78.1% |
| Financial income | 75/76B | €9 | €0 | -€8 | -96.5% |
| Recurring financial income | 75 | €9 | €0 | -€8 | -96.5% |
| Financial charges | 65/66B | €4,568 | €3,598 | -€970 | -21.2% |
| Recurring financial charges | 65 | €4,568 | €3,598 | -€970 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €19,569 | €1,692 | -€17,877 | -91.4% |
| Income taxes | 67/77 | €3,551 | €1,578 | -€1,974 | -55.6% |
| Profit (loss) for the period | 9904 | €16,018 | €114 | -€15,904 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,018 | €114 | -€15,904 | -99.3% |
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 26 October 2026 via checked.be.