D-PLOY: 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-PLOY
Largest movements
- Receivables after one year -€36,000
down €36,000 (-11.9%), from €302,350 to €266,350
- Receivables within one year +€17,435
up €17,435 (+25.5%), from €68,261 to €85,695
of which Other amounts receivable: +€42,755
- Tax, wage and social debts -€36,359
down €36,359 (-95.0%), from €38,280 to €1,921
- Trade debts +€20,095
up €20,095 (+26,865%), from €75 to €20,170
- Other debts +€19,502
new in 2025: €19,502
- Reserves -€18,556
down €18,556 (-5.6%), from €329,435 to €310,879
of which Distributable reserves: -€18,556
- Current portion of long-term debt -€6,473
no longer reported in 2025 (was €6,473)
- Gross operating margin -€114,924
down €114,924 (-95.4%), from €120,428 to €5,505
- Taxes -€34,428
down €34,428 (-94.9%), from €36,267 to €1,840
- Other operating charges +€11,543
up €11,543 (+811%), from €1,424 to €12,967
- Financial charges -€5,212
down €5,212 (-91.1%), from €5,722 to €510
- Financial income +€4,371
up €4,371 (+59.7%), from €7,322 to €11,693
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €380,529 | €358,739 | -€21,790 | -5.7% |
| Fixed assets | 21/28 | €1,876 | €940 | -€935 | -49.9% |
| Tangible fixed assets | 22/27 | €1,801 | €865 | -€935 | -51.9% |
| Furniture and vehicles | 24 | €1,801 | €865 | -€935 | -51.9% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €378,653 | €357,798 | -€20,855 | -5.5% |
| Amounts receivable after more than one year | 29 | €302,350 | €266,350 | -€36,000 | -11.9% |
| Other amounts receivable | 291 | €302,350 | €266,350 | -€36,000 | -11.9% |
| Amounts receivable within one year | 40/41 | €68,261 | €85,695 | +€17,435 | +25.5% |
| Trade receivables | 40 | €25,321 | - | -€25,321 | |
| Other amounts receivable | 41 | €42,940 | €85,695 | +€42,755 | +99.6% |
| Cash at bank and in hand | 54/58 | €6,871 | €4,937 | -€1,934 | -28.2% |
| Deferred charges and accrued income | 490/1 | €1,171 | €816 | -€355 | -30.3% |
| Total equity and liabilities | 10/49 | €380,529 | €358,739 | -€21,790 | -5.7% |
| Equity | 10/15 | €335,635 | €317,079 | -€18,556 | -5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €329,435 | €310,879 | -€18,556 | -5.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,586 | €6,586 | = | 0.0% |
| Distributable reserves | 133 | €320,989 | €302,433 | -€18,556 | -5.8% |
| Amounts payable | 17/49 | €44,894 | €41,660 | -€3,233 | -7.2% |
| Amounts payable within one year | 42/48 | €44,828 | €41,593 | -€3,235 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €6,473 | - | -€6,473 | |
| Trade debts | 44 | €75 | €20,170 | +€20,095 | +26,865% |
| Suppliers | 440/4 | €75 | €20,170 | +€20,095 | +26,865% |
| Taxes, remuneration and social security | 45 | €38,280 | €1,921 | -€36,359 | -95.0% |
| Taxes | 450/3 | €38,280 | €1,921 | -€36,359 | -95.0% |
| Other amounts payable | 47/48 | - | €19,502 | +€19,502 | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,019 | €935 | -€84 | -8.2% |
| Other operating charges | 640/8 | €1,424 | €12,967 | +€11,543 | +811% |
| Gross operating margin | 9900 | €120,428 | €5,505 | -€114,924 | -95.4% |
| Operating profit (loss) | 9901 | €117,986 | -€8,397 | -€126,383 | |
| Financial income | 75/76B | €7,322 | €11,693 | +€4,371 | +59.7% |
| Recurring financial income | 75 | €7,322 | €11,693 | +€4,371 | +59.7% |
| Financial charges | 65/66B | €5,722 | €510 | -€5,212 | -91.1% |
| Recurring financial charges | 65 | €5,722 | €510 | -€5,212 | -91.1% |
| Profit (loss) for the period before taxes | 9903 | €119,586 | €2,786 | -€116,801 | -97.7% |
| Income taxes | 67/77 | €36,267 | €1,840 | -€34,428 | -94.9% |
| Profit (loss) for the period | 9904 | €83,319 | €946 | -€82,373 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €83,319 | €946 | -€82,373 | -98.9% |
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 15 October 2026 via checked.be.