D2J - INVEST: 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.
D2J - INVEST
Largest movements
- Cash +€93,441
up €93,441 (+23.9%), from €391,062 to €484,503
mainly Net result for the year (+€93,509) and Tax, wage and social debts (+€7,885)
- Reserves +€93,509
up €93,509 (+14.5%), from €643,295 to €736,804
- Tax, wage and social debts +€7,885
up €7,885 (+361%), from €2,183 to €10,068
- Financial income +€87,909
up €87,909 (+1,329%), from €6,614 to €94,523
of which Financial income: +€91,229
- Taxes +€8,295
up €8,295 (+164%), from €5,062 to €13,357
- Gross operating margin -€286
down €286 (-2.2%), from €13,229 to €12,943
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 | €664,859 | €765,868 | +€101,009 | +15.2% |
| Fixed assets | 21/28 | €268,322 | €269,704 | +€1,382 | +0.5% |
| Financial fixed assets | 28 | €268,322 | €269,704 | +€1,382 | +0.5% |
| Current assets | 29/58 | €396,537 | €496,164 | +€99,627 | +25.1% |
| Amounts receivable within one year | 40/41 | €5,469 | €11,636 | +€6,166 | +113% |
| Trade receivables | 40 | €4,538 | €4,538 | = | 0.0% |
| Other amounts receivable | 41 | €932 | €7,098 | +€6,166 | +662% |
| Cash at bank and in hand | 54/58 | €391,062 | €484,503 | +€93,441 | +23.9% |
| Deferred charges and accrued income | 490/1 | €6 | €25 | +€19 | +313% |
| Total equity and liabilities | 10/49 | €664,859 | €765,868 | +€101,009 | +15.2% |
| Equity | 10/15 | €662,163 | €755,672 | +€93,509 | +14.1% |
| Contributions | 10/11 | €18,868 | €18,868 | = | 0.0% |
| Reserves | 13 | €643,295 | €736,804 | +€93,509 | +14.5% |
| Distributable reserves | 133 | €643,295 | €736,804 | +€93,509 | +14.5% |
| Amounts payable | 17/49 | €2,696 | €10,196 | +€7,500 | +278% |
| Amounts payable within one year | 42/48 | €2,696 | €10,196 | +€7,500 | +278% |
| Trade debts | 44 | €513 | €128 | -€385 | -75.1% |
| Suppliers | 440/4 | €513 | €128 | -€385 | -75.1% |
| Taxes, remuneration and social security | 45 | €2,183 | €10,068 | +€7,885 | +361% |
| Taxes | 450/3 | €2,183 | €10,068 | +€7,885 | +361% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €13,229 | €12,943 | -€286 | -2.2% |
| Operating profit (loss) | 9901 | €12,716 | €12,415 | -€301 | -2.4% |
| Financial income | 75/76B | €6,614 | €94,523 | +€87,909 | +1,329% |
| Recurring financial income | 75 | €1,912 | €93,141 | +€91,229 | +4,772% |
| Non-recurring financial income | 76B | €4,703 | €1,382 | -€3,320 | -70.6% |
| Financial charges | 65/66B | €61 | €72 | +€11 | +18.0% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €19,269 | €106,866 | +€87,597 | +455% |
| Income taxes | 67/77 | €5,062 | €13,357 | +€8,295 | +164% |
| Profit (loss) for the period | 9904 | €14,207 | €93,509 | +€79,303 | +558% |
| Profit (loss) for the period to be appropriated | 9905 | €14,207 | €93,509 | +€79,303 | +558% |
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 27 October 2026 via checked.be.