d-z.ign: 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-z.ign
Largest movements
- Cash +€28,748
up €28,748 (+78.4%), from €36,679 to €65,427
mainly Net result for the year (+€22,342) and Depreciation (+€4,924)
- Receivables within one year -€3,869
down €3,869 (-14.1%), from €27,439 to €23,570
of which Trade receivables: -€3,002
- Deferred charges and accrued income -€1,080
no longer reported in 2025 (was €1,080)
- Tangible fixed assets +€1,040
up €1,040 (+14.5%), from €7,196 to €8,236
- Reserves +€20,000
up €20,000 (+169%), from €11,860 to €31,860
of which Distributable reserves: +€21,860
- Profit (loss) carried forward +€2,342
up €2,342 (+6.3%), from €37,383 to €39,725
- Tax, wage and social debts +€2,092
up €2,092 (+46.5%), from €4,500 to €6,592
- Gross operating margin +€17,447
up €17,447 (+85.3%), from €20,443 to €37,890
- Taxes +€4,242
up €4,242 (+95.5%), from €4,443 to €8,685
- Depreciation +€1,541
up €1,541 (+45.5%), from €3,383 to €4,924
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 | €72,395 | €97,233 | +€24,839 | +34.3% |
| Fixed assets | 21/28 | €7,196 | €8,236 | +€1,040 | +14.5% |
| Tangible fixed assets | 22/27 | €7,196 | €8,236 | +€1,040 | +14.5% |
| Furniture and vehicles | 24 | €7,196 | €8,236 | +€1,040 | +14.5% |
| Current assets | 29/58 | €65,198 | €88,997 | +€23,799 | +36.5% |
| Amounts receivable within one year | 40/41 | €27,439 | €23,570 | -€3,869 | -14.1% |
| Trade receivables | 40 | €22,651 | €19,649 | -€3,002 | -13.3% |
| Other amounts receivable | 41 | €4,788 | €3,921 | -€867 | -18.1% |
| Cash at bank and in hand | 54/58 | €36,679 | €65,427 | +€28,748 | +78.4% |
| Deferred charges and accrued income | 490/1 | €1,080 | - | -€1,080 | |
| Total equity and liabilities | 10/49 | €72,395 | €97,233 | +€24,839 | +34.3% |
| Equity | 10/15 | €55,443 | €77,785 | +€22,342 | +40.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,860 | €31,860 | +€20,000 | +169% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €10,000 | €31,860 | +€21,860 | +219% |
| Profit (loss) carried forward | 14 | €37,383 | €39,725 | +€2,342 | +6.3% |
| Amounts payable | 17/49 | €16,951 | €19,448 | +€2,497 | +14.7% |
| Amounts payable within one year | 42/48 | €16,951 | €19,448 | +€2,497 | +14.7% |
| Trade debts | 44 | €360 | €707 | +€347 | +96.3% |
| Suppliers | 440/4 | €360 | €707 | +€347 | +96.3% |
| Taxes, remuneration and social security | 45 | €4,500 | €6,592 | +€2,092 | +46.5% |
| Taxes | 450/3 | €4,500 | €6,592 | +€2,092 | +46.5% |
| Other amounts payable | 47/48 | €12,091 | €12,149 | +€58 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,383 | €4,924 | +€1,541 | +45.5% |
| Other operating charges | 640/8 | €2,072 | €1,841 | -€231 | -11.1% |
| Gross operating margin | 9900 | €20,443 | €37,890 | +€17,447 | +85.3% |
| Operating profit (loss) | 9901 | €14,988 | €31,125 | +€16,137 | +108% |
| Financial income | 75/76B | €4 | €10 | +€6 | +151% |
| Recurring financial income | 75 | €4 | €10 | +€6 | +151% |
| Financial charges | 65/66B | €124 | €108 | -€16 | -13.2% |
| Recurring financial charges | 65 | €124 | €108 | -€16 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €14,867 | €31,027 | +€16,160 | +109% |
| Income taxes | 67/77 | €4,443 | €8,685 | +€4,242 | +95.5% |
| Profit (loss) for the period | 9904 | €10,424 | €22,342 | +€11,918 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €10,424 | €22,342 | +€11,918 | +114% |
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 18 October 2026 via checked.be.