DD & Associates: 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.
DD & Associates
Largest movements
- Tangible fixed assets -€42,728
down €42,728 (-21.9%), from €194,888 to €152,159
of which Land and buildings: -€42,728
- Receivables within one year -€40,506
down €40,506 (-64.6%), from €62,663 to €22,157
of which Trade receivables: -€40,517
- Other debts -€61,264
down €61,264 (-58.3%), from €105,115 to €43,851
- Reserves -€24,251
down €24,251 (-18.8%), from €129,141 to €104,890
of which Distributable reserves: -€24,251
- Profit (loss) carried forward -€14,293
new in 2025: -€14,293
- Trade debts +€11,909
up €11,909 (+652.5%), from €1,825 to €13,734
- Gross operating margin -€32,343
down €32,343 (-79.8%), from €40,529 to €8,186
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 | €264,158 | €178,249 | -€85,909 | -32.5% |
| Fixed assets | 21/28 | €198,781 | €156,060 | -€42,721 | -21.5% |
| Tangible fixed assets | 22/27 | €194,888 | €152,159 | -€42,728 | -21.9% |
| Land and buildings | 22 | €128,832 | €86,103 | -€42,728 | -33.2% |
| Furniture and vehicles | 24 | €66,056 | €66,056 | = | 0.0% |
| Financial fixed assets | 28 | €3,893 | €3,901 | +€7 | +0.2% |
| Current assets | 29/58 | €65,377 | €22,189 | -€43,188 | -66.1% |
| Amounts receivable within one year | 40/41 | €62,663 | €22,157 | -€40,506 | -64.6% |
| Trade receivables | 40 | €62,312 | €21,795 | -€40,517 | -65.0% |
| Other amounts receivable | 41 | €351 | €362 | +€11 | +3.2% |
| Current investments | 50/53 | €7 | €7 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,280 | €26 | -€2,254 | -98.9% |
| Deferred charges and accrued income | 490/1 | €428 | - | -€428 | |
| Total equity and liabilities | 10/49 | €264,158 | €178,249 | -€85,909 | -32.5% |
| Equity | 10/15 | €147,733 | €109,190 | -€38,543 | -26.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €129,141 | €104,890 | -€24,251 | -18.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €127,282 | €103,031 | -€24,251 | -19.1% |
| Profit (loss) carried forward | 14 | - | -€14,293 | -€14,293 | |
| Amounts payable | 17/49 | €116,425 | €69,060 | -€47,365 | -40.7% |
| Amounts payable after more than one year | 17 | €7,900 | €7,900 | = | 0.0% |
| Financial debts | 170/4 | €7,900 | €7,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €108,525 | €61,160 | -€47,365 | -43.6% |
| Trade debts | 44 | €1,825 | €13,734 | +€11,909 | +652.5% |
| Suppliers | 440/4 | €1,825 | €13,734 | +€11,909 | +652.5% |
| Taxes, remuneration and social security | 45 | €1,585 | €3,574 | +€1,989 | +125.5% |
| Taxes | 450/3 | €1,585 | €3,574 | +€1,989 | +125.5% |
| Other amounts payable | 47/48 | €105,115 | €43,851 | -€61,264 | -58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,684 | €42,728 | +€44 | +0.1% |
| Other operating charges | 640/8 | €3,656 | €3,811 | +€155 | +4.2% |
| Gross operating margin | 9900 | €40,529 | €8,186 | -€32,343 | -79.8% |
| Operating profit (loss) | 9901 | -€5,811 | -€38,353 | -€32,541 | -560.0% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €321 | €190 | -€130 | -40.6% |
| Recurring financial charges | 65 | €321 | €190 | -€130 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,106 | -€38,543 | -€32,437 | -531.2% |
| Profit (loss) for the period | 9904 | -€6,106 | -€38,543 | -€32,437 | -531.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,106 | -€38,543 | -€32,437 | -531.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.