D & K VISION: 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 & K VISION
Largest movements
- Receivables within one year +€508,286
up €508,286 (+28.0%), from €1.8m to €2.3m
of which Other amounts receivable: +€365,411
- Cash +€156,602
up €156,602 (+44.7%), from €349,958 to €506,560
mainly Net result for the year (+€574,556) and Tax, wage and social debts (+€281,152)
- Profit (loss) carried forward +€574,556
up €574,556 (+91.2%), from €629,730 to €1.2m
- Tax, wage and social debts +€281,152
up €281,152 (+212%), from €132,732 to €413,883
of which Taxes: +€266,125
- Trade debts -€193,208
down €193,208 (-13.8%), from €1.4m to €1.2m
- Gross operating margin +€515,978
up €515,978 (+98.9%), from €521,843 to €1.0m
- Taxes +€191,545
up €191,545 (+194%), from €98,937 to €290,482
- Financial charges -€115,841
down €115,841 (-76.9%), from €150,658 to €34,817
- Staff costs -€25,222
down €25,222 (-16.9%), from €149,585 to €124,363
- Depreciation -€16,064
down €16,064 (-52.2%), from €30,790 to €14,725
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 | €2,207,936 | €2,885,842 | +€677,906 | +30.7% |
| Fixed assets | 21/28 | €33,386 | €20,171 | -€13,216 | -39.6% |
| Tangible fixed assets | 22/27 | €25,194 | €11,979 | -€13,216 | -52.5% |
| Plant, machinery and equipment | 23 | €5,650 | €5,183 | -€467 | -8.3% |
| Furniture and vehicles | 24 | €13,214 | €4,446 | -€8,768 | -66.4% |
| Other tangible fixed assets | 26 | €6,330 | €2,350 | -€3,980 | -62.9% |
| Financial fixed assets | 28 | €8,192 | €8,192 | = | 0.0% |
| Current assets | 29/58 | €2,174,550 | €2,865,671 | +€691,122 | +31.8% |
| Amounts receivable within one year | 40/41 | €1,812,591 | €2,320,877 | +€508,286 | +28.0% |
| Trade receivables | 40 | €1,263,020 | €1,405,895 | +€142,875 | +11.3% |
| Other amounts receivable | 41 | €549,571 | €914,982 | +€365,411 | +66.5% |
| Current investments | 50/53 | €12,000 | €36,105 | +€24,105 | +201% |
| Cash at bank and in hand | 54/58 | €349,958 | €506,560 | +€156,602 | +44.7% |
| Deferred charges and accrued income | 490/1 | - | €2,130 | +€2,130 | |
| Total equity and liabilities | 10/49 | €2,207,936 | €2,885,842 | +€677,906 | +30.7% |
| Equity | 10/15 | €650,181 | €1,224,737 | +€574,556 | +88.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €629,730 | €1,204,286 | +€574,556 | +91.2% |
| Amounts payable | 17/49 | €1,557,755 | €1,661,105 | +€103,350 | +6.6% |
| Amounts payable within one year | 42/48 | €1,557,755 | €1,645,300 | +€87,546 | +5.6% |
| Trade debts | 44 | €1,401,661 | €1,208,453 | -€193,208 | -13.8% |
| Suppliers | 440/4 | €1,401,661 | €1,208,453 | -€193,208 | -13.8% |
| Taxes, remuneration and social security | 45 | €132,732 | €413,883 | +€281,152 | +212% |
| Taxes | 450/3 | €115,019 | €381,144 | +€266,125 | +231% |
| Remuneration and social security | 454/9 | €17,713 | €32,739 | +€15,026 | +84.8% |
| Other amounts payable | 47/48 | €23,362 | €22,964 | -€398 | -1.7% |
| Accrued charges and deferred income | 492/3 | - | €15,805 | +€15,805 | |
| Remuneration, social security and pensions | 62 | €149,585 | €124,363 | -€25,222 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,790 | €14,725 | -€16,064 | -52.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,343 | - | -€1,343 | |
| Other operating charges | 640/8 | €1,971 | €1,760 | -€211 | -10.7% |
| Gross operating margin | 9900 | €521,843 | €1,037,820 | +€515,978 | +98.9% |
| Operating profit (loss) | 9901 | €338,153 | €896,971 | +€558,818 | +165% |
| Financial income | 75/76B | €584 | €2,884 | +€2,300 | +394% |
| Recurring financial income | 75 | €584 | €2,884 | +€2,300 | +394% |
| Financial charges | 65/66B | €150,658 | €34,817 | -€115,841 | -76.9% |
| Recurring financial charges | 65 | €150,658 | €34,817 | -€115,841 | -76.9% |
| Profit (loss) for the period before taxes | 9903 | €188,079 | €865,038 | +€676,959 | +360% |
| Income taxes | 67/77 | €98,937 | €290,482 | +€191,545 | +194% |
| Profit (loss) for the period | 9904 | €89,142 | €574,556 | +€485,414 | +545% |
| Profit (loss) for the period to be appropriated | 9905 | €89,142 | €574,556 | +€485,414 | +545% |
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.