D3G: 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.
D3G
Largest movements
- Receivables after one year +€47,500
up €47,500, from €0 to €47,500
- Receivables within one year -€45,269
down €45,269 (-56.2%), from €80,495 to €35,226
of which Other amounts receivable: -€48,294
- Tangible fixed assets +€40,353
up €40,353 (+21.0%), from €192,205 to €232,558
of which Furniture and vehicles: +€53,429
- Short-term financial debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Debts after one year +€82,655
up €82,655 (+37.8%), from €218,784 to €301,439
- Profit (loss) carried forward +€64,840
up €64,840 (+97.0%), from -€66,862 to -€2,022
- Other debts -€25,494
down €25,494 (-94.3%), from €27,047 to €1,553
- Current portion of long-term debt +€21,849
up €21,849 (+68.4%), from €31,927 to €53,776
- Gross operating margin +€35,776
up €35,776 (+42.9%), from €83,369 to €119,145
- Taxes +€4,515
up €4,515 (+23.4%), from €19,312 to €23,827
- Financial charges +€2,173
up €2,173 (+21.3%), from €10,197 to €12,370
- Other operating charges +€1,957
up €1,957 (+158%), from €1,237 to €3,194
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 | €389,160 | €430,975 | +€41,815 | +10.7% |
| Fixed assets | 21/28 | €292,605 | €332,958 | +€40,353 | +13.8% |
| Tangible fixed assets | 22/27 | €192,205 | €232,558 | +€40,353 | +21.0% |
| Land and buildings | 22 | €187,925 | €174,849 | -€13,076 | -7.0% |
| Furniture and vehicles | 24 | €4,280 | €57,710 | +€53,429 | +1,248% |
| Financial fixed assets | 28 | €100,400 | €100,400 | = | 0.0% |
| Current assets | 29/58 | €96,555 | €98,016 | +€1,462 | +1.5% |
| Amounts receivable after more than one year | 29 | €0 | €47,500 | +€47,500 | |
| Other amounts receivable | 291 | €0 | €47,500 | +€47,500 | |
| Amounts receivable within one year | 40/41 | €80,495 | €35,226 | -€45,269 | -56.2% |
| Trade receivables | 40 | €13,613 | €16,638 | +€3,025 | +22.2% |
| Other amounts receivable | 41 | €66,883 | €18,589 | -€48,294 | -72.2% |
| Cash at bank and in hand | 54/58 | €11,708 | €10,448 | -€1,260 | -10.8% |
| Deferred charges and accrued income | 490/1 | €4,351 | €4,842 | +€491 | +11.3% |
| Total equity and liabilities | 10/49 | €389,160 | €430,975 | +€41,815 | +10.7% |
| Equity | 10/15 | -€14,681 | €50,159 | +€64,840 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €39,781 | €39,781 | = | 0.0% |
| Distributable reserves | 133 | €39,781 | €39,781 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,862 | -€2,022 | +€64,840 | +97.0% |
| Amounts payable | 17/49 | €403,841 | €380,816 | -€23,025 | -5.7% |
| Amounts payable after more than one year | 17 | €218,784 | €301,439 | +€82,655 | +37.8% |
| Financial debts | 170/4 | €218,784 | €301,439 | +€82,655 | +37.8% |
| Amounts payable within one year | 42/48 | €185,026 | €79,358 | -€105,668 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €31,927 | €53,776 | +€21,849 | +68.4% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €1,702 | €3,975 | +€2,273 | +134% |
| Suppliers | 440/4 | €1,702 | €3,975 | +€2,273 | +134% |
| Taxes, remuneration and social security | 45 | €24,350 | €20,055 | -€4,295 | -17.6% |
| Taxes | 450/3 | €24,350 | €18,055 | -€6,295 | -25.9% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €27,047 | €1,553 | -€25,494 | -94.3% |
| Accrued charges and deferred income | 492/3 | €31 | €18 | -€13 | -41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,652 | €17,756 | +€1,104 | +6.6% |
| Other operating charges | 640/8 | €1,237 | €3,194 | +€1,957 | +158% |
| Gross operating margin | 9900 | €83,369 | €119,145 | +€35,776 | +42.9% |
| Operating profit (loss) | 9901 | €65,480 | €98,195 | +€32,715 | +50.0% |
| Financial income | 75/76B | €1,950 | €2,843 | +€893 | +45.8% |
| Recurring financial income | 75 | €1,950 | €2,843 | +€893 | +45.8% |
| Financial charges | 65/66B | €10,197 | €12,370 | +€2,173 | +21.3% |
| Recurring financial charges | 65 | €10,197 | €12,370 | +€2,173 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €57,233 | €88,667 | +€31,435 | +54.9% |
| Income taxes | 67/77 | €19,312 | €23,827 | +€4,515 | +23.4% |
| Profit (loss) for the period | 9904 | €37,921 | €64,840 | +€26,920 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,921 | €64,840 | +€26,920 | +71.0% |
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 13 October 2026 via checked.be.