d2gproperty: 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.
d2gproperty
Largest movements
- Stocks and contracts +€438,417
up €438,417 (+33.9%), from €1.3m to €1.7m
- Other debts +€140,250
up €140,250 (+62.2%), from €225,609 to €365,859
- Profit (loss) carried forward +€134,498
up €134,498, from -€2,341 to €132,156
- Short-term financial debts +€83,326
new in 2025: €83,326
- Debts after one year +€52,961
up €52,961 (+5.1%), from €1.0m to €1.1m
of which Other amounts payable: +€100,000
- Tax, wage and social debts +€37,415
new in 2025: €37,415
- Gross operating margin +€226,765
up €226,765 (+12149.0%), from €1,867 to €228,632
- Financial charges +€50,917
up €50,917 (+1499.9%), from €3,395 to €54,312
- Taxes +€37,415
new in 2025: €37,415
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 | €1,302,558 | €1,734,968 | +€432,410 | +33.2% |
| Formation expenses | 20 | €1,430 | €1,080 | -€350 | -24.5% |
| Current assets | 29/58 | €1,301,129 | €1,733,889 | +€432,760 | +33.3% |
| Stocks and contracts in progress | 3 | €1,295,026 | €1,733,443 | +€438,417 | +33.9% |
| Stocks | 30/36 | €1,295,026 | €1,733,443 | +€438,417 | +33.9% |
| Cash at bank and in hand | 54/58 | €6,102 | €193 | -€5,909 | -96.8% |
| Deferred charges and accrued income | 490/1 | - | €252 | +€252 | |
| Total equity and liabilities | 10/49 | €1,302,558 | €1,734,968 | +€432,410 | +33.2% |
| Equity | 10/15 | €59 | €134,556 | +€134,498 | +229088.1% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,341 | €132,156 | +€134,498 | |
| Amounts payable | 17/49 | €1,302,500 | €1,600,412 | +€297,912 | +22.9% |
| Amounts payable after more than one year | 17 | €1,042,606 | €1,095,567 | +€52,961 | +5.1% |
| Financial debts | 170/4 | €822,606 | €775,567 | -€47,039 | -5.7% |
| Other amounts payable | 178/9 | €220,000 | €320,000 | +€100,000 | +45.5% |
| Amounts payable within one year | 42/48 | €259,894 | €504,845 | +€244,951 | +94.3% |
| Financial debts | 43 | - | €83,326 | +€83,326 | |
| Credit institutions | 430/8 | - | €83,326 | +€83,326 | |
| Trade debts | 44 | €34,285 | €18,246 | -€16,039 | -46.8% |
| Suppliers | 440/4 | €34,285 | €18,246 | -€16,039 | -46.8% |
| Taxes, remuneration and social security | 45 | - | €37,415 | +€37,415 | |
| Taxes | 450/3 | - | €37,415 | +€37,415 | |
| Other amounts payable | 47/48 | €225,609 | €365,859 | +€140,250 | +62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €320 | €350 | +€30 | +9.3% |
| Other operating charges | 640/8 | €493 | €2,058 | +€1,565 | +317.5% |
| Gross operating margin | 9900 | €1,867 | €228,632 | +€226,765 | +12149.0% |
| Operating profit (loss) | 9901 | €1,053 | €226,224 | +€225,171 | +21376.8% |
| Financial charges | 65/66B | €3,395 | €54,312 | +€50,917 | +1499.9% |
| Recurring financial charges | 65 | €3,395 | €54,312 | +€50,917 | +1499.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,341 | €171,912 | +€174,253 | |
| Income taxes | 67/77 | - | €37,415 | +€37,415 | |
| Profit (loss) for the period | 9904 | -€2,341 | €134,498 | +€136,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,341 | €134,498 | +€136,839 |
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.