D2A: what changed
Two fiscal 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.
D2A
Largest movements
- Tangible fixed assets -€30,649
down €30,649 (-4.0%), from €761,538 to €730,888
- Cash +€18,814
up €18,814 (+85.0%), from €22,124 to €40,938
mainly Depreciation (+€30,649) and Tax, wage and social debts (+€2,160)
- Profit (loss) carried forward -€12,375
down €12,375 (-17.9%), from -€69,165 to -€81,539
- Financial charges +€7,239
up €7,239 (+30163.0%), from €24 to €7,263
- Gross operating margin +€3,120
up €3,120 (+12.1%), from €25,715 to €28,835
- Financial income -€497
no longer reported in 2025 (was €497)
- Other operating charges -€480
down €480 (-12.7%), from €3,777 to €3,298
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.
Cash bridge derived
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 | €784,051 | €772,218 | -€11,833 | -1.5% |
| Fixed assets | 21/28 | €761,538 | €730,888 | -€30,649 | -4.0% |
| Tangible fixed assets | 22/27 | €761,538 | €730,888 | -€30,649 | -4.0% |
| Land and buildings | 22 | €761,538 | €730,888 | -€30,649 | -4.0% |
| Current assets | 29/58 | €22,513 | €41,330 | +€18,817 | +83.6% |
| Cash at bank and in hand | 54/58 | €22,124 | €40,938 | +€18,814 | +85.0% |
| Deferred charges and accrued income | 490/1 | €389 | €391 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €784,051 | €772,218 | -€11,833 | -1.5% |
| Equity | 10/15 | €170,835 | €158,461 | -€12,375 | -7.2% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,165 | -€81,539 | -€12,375 | -17.9% |
| Amounts payable | 17/49 | €613,215 | €613,757 | +€542 | +0.1% |
| Amounts payable within one year | 42/48 | €611,899 | €612,916 | +€1,017 | +0.2% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | - | €2,160 | +€2,160 | |
| Taxes | 450/3 | - | €2,160 | +€2,160 | |
| Other amounts payable | 47/48 | €611,899 | €610,756 | -€1,143 | -0.2% |
| Accrued charges and deferred income | 492/3 | €1,317 | €841 | -€476 | -36.1% |
| Non-recurring operating income | 76A | - | €1,265 | +€1,265 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,631 | €30,649 | +€18 | +0.1% |
| Other operating charges | 640/8 | €3,777 | €3,298 | -€480 | -12.7% |
| Gross operating margin | 9900 | €25,715 | €28,835 | +€3,120 | +12.1% |
| Operating profit (loss) | 9901 | -€8,693 | -€5,111 | +€3,582 | +41.2% |
| Financial income | 75/76B | €497 | - | -€497 | |
| Recurring financial income | 75 | €497 | - | -€497 | |
| Financial charges | 65/66B | €24 | €7,263 | +€7,239 | +30163.0% |
| Recurring financial charges | 65 | €24 | €7,263 | +€7,239 | +30163.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,220 | -€12,375 | -€4,154 | -50.5% |
| Profit (loss) for the period | 9904 | -€8,220 | -€12,375 | -€4,154 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,220 | -€12,375 | -€4,154 | -50.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.