DD ADVISORY: 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.
DD ADVISORY
Largest movements
- Current investments +€73,000
up €73,000 (+53.3%), from €137,000 to €210,000
- Receivables within one year +€33,531
up €33,531 (+118.5%), from €28,304 to €61,835
of which Other amounts receivable: +€34,095
- Deferred charges and accrued income -€6,960
down €6,960 (-81.2%), from €8,567 to €1,607
- Cash +€6,411
up €6,411 (+53.6%), from €11,959 to €18,370
mainly Net result for the year (+€84,489) and Tax, wage and social debts (+€21,854)
- Reserves +€84,489
up €84,489 (+63.6%), from €132,765 to €217,254
- Tax, wage and social debts +€21,854
up €21,854 (+44.9%), from €48,709 to €70,563
- Gross operating margin -€67,015
down €67,015 (-39.1%), from €171,549 to €104,534
- Taxes -€16,688
down €16,688 (-42.2%), from €39,585 to €22,896
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 | €186,335 | €292,013 | +€105,678 | +56.7% |
| Fixed assets | 21/28 | €505 | €201 | -€304 | -60.2% |
| Tangible fixed assets | 22/27 | €505 | €201 | -€304 | -60.2% |
| Plant, machinery and equipment | 23 | €505 | €201 | -€304 | -60.2% |
| Current assets | 29/58 | €185,830 | €291,812 | +€105,982 | +57.0% |
| Amounts receivable within one year | 40/41 | €28,304 | €61,835 | +€33,531 | +118.5% |
| Trade receivables | 40 | €19,860 | €19,296 | -€564 | -2.8% |
| Other amounts receivable | 41 | €8,444 | €42,540 | +€34,095 | +403.8% |
| Current investments | 50/53 | €137,000 | €210,000 | +€73,000 | +53.3% |
| Cash at bank and in hand | 54/58 | €11,959 | €18,370 | +€6,411 | +53.6% |
| Deferred charges and accrued income | 490/1 | €8,567 | €1,607 | -€6,960 | -81.2% |
| Total equity and liabilities | 10/49 | €186,335 | €292,013 | +€105,678 | +56.7% |
| Equity | 10/15 | €134,765 | €219,254 | +€84,489 | +62.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €132,765 | €217,254 | +€84,489 | +63.6% |
| Distributable reserves | 133 | €132,765 | €217,254 | +€84,489 | +63.6% |
| Amounts payable | 17/49 | €51,570 | €72,759 | +€21,189 | +41.1% |
| Amounts payable within one year | 42/48 | €51,570 | €72,759 | +€21,189 | +41.1% |
| Trade debts | 44 | €2,861 | €2,196 | -€665 | -23.2% |
| Suppliers | 440/4 | €2,861 | €2,196 | -€665 | -23.2% |
| Taxes, remuneration and social security | 45 | €48,709 | €70,563 | +€21,854 | +44.9% |
| Taxes | 450/3 | €48,709 | €70,563 | +€21,854 | +44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €407 | €304 | -€103 | -25.3% |
| Other operating charges | 640/8 | €58 | €0 | -€58 | -100.0% |
| Gross operating margin | 9900 | €171,549 | €104,534 | -€67,015 | -39.1% |
| Operating profit (loss) | 9901 | €171,084 | €104,230 | -€66,855 | -39.1% |
| Financial income | 75/76B | €2,457 | €4,036 | +€1,579 | +64.2% |
| Recurring financial income | 75 | €2,457 | €4,036 | +€1,579 | +64.2% |
| Financial charges | 65/66B | €1,192 | €880 | -€312 | -26.2% |
| Recurring financial charges | 65 | €1,192 | €880 | -€312 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €172,349 | €107,386 | -€64,964 | -37.7% |
| Income taxes | 67/77 | €39,585 | €22,896 | -€16,688 | -42.2% |
| Profit (loss) for the period | 9904 | €132,765 | €84,489 | -€48,275 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €132,765 | €84,489 | -€48,275 | -36.4% |
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 12 October 2026 via checked.be.