D2P SOLUTIONS: 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.
D2P SOLUTIONS
Largest movements
- Cash -€34,527
down €34,527 (-70.4%), from €49,061 to €14,534
mainly Contributions, distributions and other (-€200,870) and Receivables within one year (-€20,183)
- Tangible fixed assets -€30,986
down €30,986 (-8.2%), from €378,405 to €347,418
of which Land and buildings: -€27,976
- Receivables within one year +€20,183
up €20,183 (+17.7%), from €114,286 to €134,468
of which Trade receivables: +€33,309
- Reserves -€103,287
down €103,287 (-100%), from €103,287 to €0
- Other debts +€91,811
up €91,811 (+56.9%), from €161,318 to €253,129
- Trade debts -€14,175
down €14,175 (-93.4%), from €15,178 to €1,003
- Debts after one year -€13,333
down €13,333 (-12.5%), from €106,667 to €93,333
- Accrued charges and deferred income -€6,342
down €6,342 (-7.5%), from €85,094 to €78,751
- Gross operating margin -€8,443
down €8,443 (-4.8%), from €175,384 to €166,940
- Taxes -€1,920
down €1,920 (-6.7%), from €28,526 to €26,606
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 | €544,385 | €499,506 | -€44,879 | -8.2% |
| Fixed assets | 21/28 | €378,405 | €347,418 | -€30,986 | -8.2% |
| Tangible fixed assets | 22/27 | €378,405 | €347,418 | -€30,986 | -8.2% |
| Land and buildings | 22 | €366,918 | €338,941 | -€27,976 | -7.6% |
| Plant, machinery and equipment | 23 | €4,638 | €4,927 | +€289 | +6.2% |
| Furniture and vehicles | 24 | €6,849 | €3,550 | -€3,299 | -48.2% |
| Current assets | 29/58 | €165,980 | €152,088 | -€13,893 | -8.4% |
| Amounts receivable within one year | 40/41 | €114,286 | €134,468 | +€20,183 | +17.7% |
| Trade receivables | 40 | €89,041 | €122,350 | +€33,309 | +37.4% |
| Other amounts receivable | 41 | €25,245 | €12,118 | -€13,127 | -52.0% |
| Cash at bank and in hand | 54/58 | €49,061 | €14,534 | -€34,527 | -70.4% |
| Deferred charges and accrued income | 490/1 | €2,634 | €3,086 | +€452 | +17.2% |
| Total equity and liabilities | 10/49 | €544,385 | €499,506 | -€44,879 | -8.2% |
| Equity | 10/15 | €153,287 | €50,000 | -€103,287 | -67.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €103,287 | €0 | -€103,287 | -100% |
| Distributable reserves | 133 | €103,287 | €0 | -€103,287 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €391,098 | €449,506 | +€58,408 | +14.9% |
| Amounts payable after more than one year | 17 | €106,667 | €93,333 | -€13,333 | -12.5% |
| Financial debts | 170/4 | €106,667 | €93,333 | -€13,333 | -12.5% |
| Amounts payable within one year | 42/48 | €199,337 | €277,421 | +€78,084 | +39.2% |
| Current portion of amounts payable after more than one year | 42 | €13,333 | €13,333 | = | 0.0% |
| Trade debts | 44 | €15,178 | €1,003 | -€14,175 | -93.4% |
| Suppliers | 440/4 | €15,178 | €1,003 | -€14,175 | -93.4% |
| Taxes, remuneration and social security | 45 | €9,508 | €9,956 | +€448 | +4.7% |
| Taxes | 450/3 | €9,508 | €9,956 | +€448 | +4.7% |
| Other amounts payable | 47/48 | €161,318 | €253,129 | +€91,811 | +56.9% |
| Accrued charges and deferred income | 492/3 | €85,094 | €78,751 | -€6,342 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,150 | €34,185 | -€966 | -2.7% |
| Other operating charges | 640/8 | €6,561 | €6,770 | +€209 | +3.2% |
| Gross operating margin | 9900 | €175,384 | €166,940 | -€8,443 | -4.8% |
| Operating profit (loss) | 9901 | €133,673 | €125,986 | -€7,687 | -5.8% |
| Financial charges | 65/66B | €1,860 | €1,798 | -€63 | -3.4% |
| Recurring financial charges | 65 | €1,860 | €1,798 | -€63 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €131,813 | €124,188 | -€7,624 | -5.8% |
| Income taxes | 67/77 | €28,526 | €26,606 | -€1,920 | -6.7% |
| Profit (loss) for the period | 9904 | €103,287 | €97,583 | -€5,704 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,287 | €97,583 | -€5,704 | -5.5% |
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 15 October 2026 via checked.be.