D Home: 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 Home
Largest movements
- Current investments -€445,542
down €445,542 (-68.0%), from €655,660 to €210,119
- Cash +€286,251
up €286,251 (+154%), from €186,368 to €472,619
mainly Current investments (+€445,542) and Net result for the year (+€99,366)
- Tangible fixed assets -€18,225
down €18,225 (-4.9%), from €369,373 to €351,148
of which Leasing and similar rights: -€15,391
- Reserves -€173,361
down €173,361 (-14.5%), from €1.2m to €1.0m
- Financial income +€75,755
up €75,755 (+899%), from €8,430 to €84,184
- Gross operating margin -€55,677
down €55,677 (-45.0%), from €123,625 to €67,948
- Taxes -€11,277
down €11,277 (-31.2%), from €36,167 to €24,890
- Depreciation +€9,547
up €9,547 (+78.7%), from €12,138 to €21,685
- Other operating charges +€4,356
up €4,356 (+310%), from €1,404 to €5,760
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 | €1,234,767 | €1,067,019 | -€167,748 | -13.6% |
| Fixed assets | 21/28 | €369,373 | €351,148 | -€18,225 | -4.9% |
| Tangible fixed assets | 22/27 | €369,373 | €351,148 | -€18,225 | -4.9% |
| Land and buildings | 22 | €281,500 | €281,500 | = | 0.0% |
| Furniture and vehicles | 24 | €72,482 | €69,648 | -€2,834 | -3.9% |
| Leasing and similar rights | 25 | €15,391 | €0 | -€15,391 | -100% |
| Current assets | 29/58 | €865,394 | €715,870 | -€149,523 | -17.3% |
| Stocks and contracts in progress | 3 | €8,027 | €16,255 | +€8,228 | +103% |
| Stocks | 30/36 | €8,027 | €16,255 | +€8,228 | +103% |
| Amounts receivable within one year | 40/41 | €13,586 | €14,373 | +€787 | +5.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €13,586 | €14,373 | +€787 | +5.8% |
| Current investments | 50/53 | €655,660 | €210,119 | -€445,542 | -68.0% |
| Cash at bank and in hand | 54/58 | €186,368 | €472,619 | +€286,251 | +154% |
| Deferred charges and accrued income | 490/1 | €1,753 | €2,505 | +€752 | +42.9% |
| Total equity and liabilities | 10/49 | €1,234,767 | €1,067,019 | -€167,748 | -13.6% |
| Equity | 10/15 | €1,211,413 | €1,038,052 | -€173,361 | -14.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,192,863 | €1,019,502 | -€173,361 | -14.5% |
| Distributable reserves | 133 | €1,192,863 | €1,019,502 | -€173,361 | -14.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €23,354 | €28,967 | +€5,613 | +24.0% |
| Amounts payable within one year | 42/48 | €22,354 | €27,967 | +€5,613 | +25.1% |
| Trade debts | 44 | €0 | €7,656 | +€7,656 | |
| Suppliers | 440/4 | €0 | €7,656 | +€7,656 | |
| Taxes, remuneration and social security | 45 | €18,987 | €19,467 | +€480 | +2.5% |
| Taxes | 450/3 | €18,987 | €19,467 | +€480 | +2.5% |
| Other amounts payable | 47/48 | €3,366 | €844 | -€2,522 | -74.9% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,138 | €21,685 | +€9,547 | +78.7% |
| Other operating charges | 640/8 | €1,404 | €5,760 | +€4,356 | +310% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €123,625 | €67,948 | -€55,677 | -45.0% |
| Operating profit (loss) | 9901 | €110,083 | €40,503 | -€69,580 | -63.2% |
| Financial income | 75/76B | €8,430 | €84,184 | +€75,755 | +899% |
| Recurring financial income | 75 | €8,430 | €84,184 | +€75,755 | +899% |
| Financial charges | 65/66B | €454 | €431 | -€23 | -5.0% |
| Recurring financial charges | 65 | €454 | €431 | -€23 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €118,058 | €124,256 | +€6,198 | +5.2% |
| Income taxes | 67/77 | €36,167 | €24,890 | -€11,277 | -31.2% |
| Profit (loss) for the period | 9904 | €81,891 | €99,366 | +€17,475 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €81,891 | €99,366 | +€17,475 | +21.3% |
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 22 October 2026 via checked.be.