D2D3.COM: 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.
D2D3.COM
Largest movements
- Receivables within one year +€331,425
up €331,425 (+91.6%), from €361,789 to €693,215
of which Trade receivables: +€321,987
- Cash +€171,219
up €171,219 (+69.3%), from €247,048 to €418,268
mainly Net result for the year (+€214,686) and Stocks and contracts (+€156,194)
- Stocks and contracts -€156,194
down €156,194 (-73.6%), from €212,338 to €56,144
- Intangible fixed assets +€42,174
up €42,174 (+23.1%), from €182,263 to €224,437
- Profit (loss) carried forward +€214,686
up €214,686, from €0 to €214,686
- Other debts +€86,327
up €86,327 (+63.1%), from €136,846 to €223,173
- Accrued charges and deferred income +€62,361
up €62,361 (+51.3%), from €121,543 to €183,904
- Trade debts +€25,647
up €25,647 (+19.6%), from €130,840 to €156,486
- Gross operating margin +€116,669
up €116,669 (+23.5%), from €496,836 to €613,505
- Financial charges +€55,935
up €55,935 (+56.7%), from €98,605 to €154,540
- Staff costs -€24,458
down €24,458 (-23.2%), from €105,532 to €81,074
- Depreciation +€17,818
up €17,818 (+26.2%), from €67,950 to €85,768
- Write-downs +€11,586
new in 2025: €11,586
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 | €1,082,997 | €1,470,299 | +€387,301 | +35.8% |
| Fixed assets | 21/28 | €257,215 | €297,230 | +€40,015 | +15.6% |
| Intangible fixed assets | 21 | €182,263 | €224,437 | +€42,174 | +23.1% |
| Tangible fixed assets | 22/27 | €67,232 | €57,218 | -€10,014 | -14.9% |
| Furniture and vehicles | 24 | €66,539 | €54,230 | -€12,310 | -18.5% |
| Other tangible fixed assets | 26 | €693 | €2,988 | +€2,296 | +331.4% |
| Financial fixed assets | 28 | €7,720 | €15,575 | +€7,855 | +101.7% |
| Current assets | 29/58 | €825,783 | €1,173,069 | +€347,286 | +42.1% |
| Stocks and contracts in progress | 3 | €212,338 | €56,144 | -€156,194 | -73.6% |
| Contracts in progress | 37 | €212,338 | €56,144 | -€156,194 | -73.6% |
| Amounts receivable within one year | 40/41 | €361,789 | €693,215 | +€331,425 | +91.6% |
| Trade receivables | 40 | €304,190 | €626,177 | +€321,987 | +105.9% |
| Other amounts receivable | 41 | €57,600 | €67,037 | +€9,438 | +16.4% |
| Cash at bank and in hand | 54/58 | €247,048 | €418,268 | +€171,219 | +69.3% |
| Deferred charges and accrued income | 490/1 | €4,607 | €5,443 | +€836 | +18.1% |
| Total equity and liabilities | 10/49 | €1,082,997 | €1,470,299 | +€387,301 | +35.8% |
| Equity | 10/15 | €575,477 | €790,163 | +€214,686 | +37.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €513,977 | €513,977 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €507,827 | €507,827 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €214,686 | +€214,686 | |
| Amounts payable | 17/49 | €507,520 | €680,136 | +€172,616 | +34.0% |
| Amounts payable after more than one year | 17 | €40,064 | €26,490 | -€13,573 | -33.9% |
| Financial debts | 170/4 | €40,064 | €26,490 | -€13,573 | -33.9% |
| Amounts payable within one year | 42/48 | €345,914 | €469,742 | +€123,828 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €12,989 | €13,573 | +€585 | +4.5% |
| Financial debts | 43 | €12,669 | €12,630 | -€40 | -0.3% |
| Credit institutions | 430/8 | €12,669 | €12,630 | -€40 | -0.3% |
| Trade debts | 44 | €130,840 | €156,486 | +€25,647 | +19.6% |
| Suppliers | 440/4 | €130,840 | €156,486 | +€25,647 | +19.6% |
| Taxes, remuneration and social security | 45 | €52,571 | €63,880 | +€11,309 | +21.5% |
| Taxes | 450/3 | €36,502 | €52,075 | +€15,573 | +42.7% |
| Remuneration and social security | 454/9 | €16,069 | €11,805 | -€4,264 | -26.5% |
| Other amounts payable | 47/48 | €136,846 | €223,173 | +€86,327 | +63.1% |
| Accrued charges and deferred income | 492/3 | €121,543 | €183,904 | +€62,361 | +51.3% |
| Remuneration, social security and pensions | 62 | €105,532 | €81,074 | -€24,458 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,950 | €85,768 | +€17,818 | +26.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €11,586 | +€11,586 | |
| Other operating charges | 640/8 | €1,422 | €7,338 | +€5,915 | +415.8% |
| Gross operating margin | 9900 | €496,836 | €613,505 | +€116,669 | +23.5% |
| Operating profit (loss) | 9901 | €321,931 | €427,739 | +€105,808 | +32.9% |
| Financial income | 75/76B | €13 | €9,661 | +€9,648 | +76514.1% |
| Recurring financial income | 75 | €13 | €9,661 | +€9,648 | +76514.1% |
| Financial charges | 65/66B | €98,605 | €154,540 | +€55,935 | +56.7% |
| Recurring financial charges | 65 | €98,605 | €154,540 | +€55,935 | +56.7% |
| Profit (loss) for the period before taxes | 9903 | €223,339 | €282,860 | +€59,521 | +26.7% |
| Income taxes | 67/77 | €67,815 | €68,174 | +€359 | +0.5% |
| Profit (loss) for the period | 9904 | €155,524 | €214,686 | +€59,162 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €155,524 | €214,686 | +€59,162 | +38.0% |
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 2 October 2026 via checked.be.