D-TRADE: 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-TRADE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts +€5,242
new in 2025: €5,242
- Reserves -€5,000
down €5,000 (-1.3%), from €374,517 to €369,517
of which Distributable reserves: -€5,000
- Financial income +€602
up €602 (+35.9%), from €1,675 to €2,277
- Gross operating margin -€367
down €367 (-7.6%), from -€4,817 to -€5,184
- Other operating charges +€69
up €69 (+11.9%), from €578 to €647
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 | €436,717 | €436,644 | -€73 | 0.0% |
| Fixed assets | 21/28 | €10,454 | €9,176 | -€1,278 | -12.2% |
| Tangible fixed assets | 22/27 | €10,361 | €9,083 | -€1,278 | -12.3% |
| Plant, machinery and equipment | 23 | €10,361 | €9,083 | -€1,278 | -12.3% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €426,263 | €427,468 | +€1,205 | +0.3% |
| Amounts receivable within one year | 40/41 | €424,900 | €424,873 | -€27 | 0.0% |
| Other amounts receivable | 41 | €424,900 | €424,873 | -€27 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,363 | €2,595 | +€1,232 | +90.4% |
| Total equity and liabilities | 10/49 | €436,717 | €436,644 | -€73 | 0.0% |
| Equity | 10/15 | €436,270 | €431,402 | -€4,868 | -1.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €374,517 | €369,517 | -€5,000 | -1.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €368,317 | €363,317 | -€5,000 | -1.4% |
| Profit (loss) carried forward | 14 | -€247 | -€115 | +€132 | +53.5% |
| Amounts payable | 17/49 | €446 | €5,242 | +€4,796 | +1,074% |
| Amounts payable within one year | 42/48 | €446 | €5,242 | +€4,796 | +1,074% |
| Trade debts | 44 | - | €5,242 | +€5,242 | |
| Suppliers | 440/4 | - | €5,242 | +€5,242 | |
| Taxes, remuneration and social security | 45 | €446 | - | -€446 | |
| Taxes | 450/3 | €446 | - | -€446 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,278 | €1,278 | = | 0.0% |
| Other operating charges | 640/8 | €578 | €647 | +€69 | +11.9% |
| Gross operating margin | 9900 | -€4,817 | -€5,184 | -€367 | -7.6% |
| Operating profit (loss) | 9901 | -€6,673 | -€7,109 | -€436 | -6.5% |
| Financial income | 75/76B | €1,675 | €2,277 | +€602 | +35.9% |
| Recurring financial income | 75 | €1,675 | €2,277 | +€602 | +35.9% |
| Financial charges | 65/66B | €44 | €37 | -€7 | -16.5% |
| Recurring financial charges | 65 | €44 | €37 | -€7 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,042 | -€4,868 | +€174 | +3.4% |
| Profit (loss) for the period | 9904 | -€5,042 | -€4,868 | +€174 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,042 | -€4,868 | +€174 | +3.4% |
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 20 October 2026 via checked.be.