D2COM: 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.
D2COM
Largest movements
- Tangible fixed assets -€6,750
down €6,750 (-2.2%), from €312,987 to €306,237
of which Land and buildings: -€9,572
- Debts after one year -€25,179
down €25,179 (-16.2%), from €155,544 to €130,365
- Reserves +€17,149
up €17,149 (+13.2%), from €129,450 to €146,599
- Advances received -€7,235
down €7,235 (-100.0%), from €7,235 to €0
- Tax, wage and social debts +€5,729
up €5,729 (+18.7%), from €30,617 to €36,346
- Trade debts +€4,780
up €4,780 (+69.2%), from €6,903 to €11,684
- Gross operating margin -€22,360
down €22,360 (-18.5%), from €120,689 to €98,329
- Taxes -€5,866
down €5,866 (-16.8%), from €34,811 to €28,945
- Other operating charges +€1,363
up €1,363 (+46.3%), from €2,944 to €4,307
- Financial charges -€1,227
down €1,227 (-11.6%), from €10,544 to €9,316
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 | €409,420 | €405,395 | -€4,025 | -1.0% |
| Fixed assets | 21/28 | €312,987 | €306,237 | -€6,750 | -2.2% |
| Tangible fixed assets | 22/27 | €312,987 | €306,237 | -€6,750 | -2.2% |
| Land and buildings | 22 | €288,577 | €279,005 | -€9,572 | -3.3% |
| Plant, machinery and equipment | 23 | €2,055 | €1,790 | -€265 | -12.9% |
| Furniture and vehicles | 24 | €9,833 | €11,442 | +€1,609 | +16.4% |
| Other tangible fixed assets | 26 | €12,522 | €14,000 | +€1,478 | +11.8% |
| Current assets | 29/58 | €96,432 | €99,157 | +€2,725 | +2.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €60,016 | €60,115 | +€99 | +0.2% |
| Trade receivables | 40 | €44,603 | €44,225 | -€378 | -0.8% |
| Other amounts receivable | 41 | €15,413 | €15,890 | +€477 | +3.1% |
| Cash at bank and in hand | 54/58 | €10,426 | €12,834 | +€2,408 | +23.1% |
| Deferred charges and accrued income | 490/1 | €990 | €1,209 | +€219 | +22.1% |
| Total equity and liabilities | 10/49 | €409,420 | €405,395 | -€4,025 | -1.0% |
| Equity | 10/15 | €135,650 | €152,799 | +€17,149 | +12.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €129,450 | €146,599 | +€17,149 | +13.2% |
| Distributable reserves | 133 | €129,450 | €146,599 | +€17,149 | +13.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €273,770 | €252,596 | -€21,174 | -7.7% |
| Amounts payable after more than one year | 17 | €155,544 | €130,365 | -€25,179 | -16.2% |
| Financial debts | 170/4 | €155,544 | €130,365 | -€25,179 | -16.2% |
| Amounts payable within one year | 42/48 | €114,204 | €119,658 | +€5,453 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €27,701 | €25,179 | -€2,521 | -9.1% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €6,903 | €11,684 | +€4,780 | +69.2% |
| Suppliers | 440/4 | €6,903 | €11,684 | +€4,780 | +69.2% |
| Advances received on contracts in progress | 46 | €7,235 | €0 | -€7,235 | -100.0% |
| Taxes, remuneration and social security | 45 | €30,617 | €36,346 | +€5,729 | +18.7% |
| Taxes | 450/3 | €30,617 | €36,346 | +€5,729 | +18.7% |
| Other amounts payable | 47/48 | €16,748 | €21,449 | +€4,701 | +28.1% |
| Accrued charges and deferred income | 492/3 | €4,022 | €2,574 | -€1,448 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,799 | €22,914 | +€1,115 | +5.1% |
| Other operating charges | 640/8 | €2,944 | €4,307 | +€1,363 | +46.3% |
| Gross operating margin | 9900 | €120,689 | €98,329 | -€22,360 | -18.5% |
| Operating profit (loss) | 9901 | €95,946 | €71,108 | -€24,838 | -25.9% |
| Financial income | 75/76B | €651 | €650 | -€1 | -0.2% |
| Recurring financial income | 75 | €651 | €650 | -€1 | -0.2% |
| Financial charges | 65/66B | €10,544 | €9,316 | -€1,227 | -11.6% |
| Recurring financial charges | 65 | €10,544 | €9,316 | -€1,227 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €86,054 | €62,442 | -€23,612 | -27.4% |
| Income taxes | 67/77 | €34,811 | €28,945 | -€5,866 | -16.8% |
| Profit (loss) for the period | 9904 | €51,243 | €33,497 | -€17,746 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,243 | €33,497 | -€17,746 | -34.6% |
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 8 October 2026 via checked.be.