DD ENGINEERING: 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 ENGINEERING
Largest movements
- Receivables within one year -€769,499
down €769,499 (-19.9%), from €3.9m to €3.1m
of which Other amounts receivable: -€591,308
- Cash -€243,450
down €243,450 (-36.5%), from €667,746 to €424,296
- Tangible fixed assets -€218,996
down €218,996 (-27.4%), from €798,850 to €579,854
of which Leasing and similar rights: -€224,502
- Deferred charges and accrued income -€77,914
down €77,914 (-25.3%), from €307,574 to €229,660
- Other debts -€2.1m
down €2.1m (-78.5%), from €2.7m to €587,507
- Short-term financial debts +€1.2m
up €1.2m (+2,689%), from €44,759 to €1.2m
of which Credit institutions: +€1.2m
- Reserves -€270,755
down €270,755 (-25.1%), from €1.1m to €807,974
of which Distributable reserves: -€270,755
- Accrued charges and deferred income -€145,127
down €145,127 (-70.2%), from €206,676 to €61,549
- Trade debts +€62,808
up €62,808 (+18.6%), from €338,244 to €401,052
- Gross operating margin +€1.3m
up €1.3m (+23.2%), from €5.6m to €6.9m
- Staff costs +€773,083
up €773,083 (+19.7%), from €3.9m to €4.7m
- Taxes +€105,272
up €105,272 (+33.5%), from €313,947 to €419,219
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,698,634 | €4,342,991 | -€1.4m | -23.8% |
| Fixed assets | 21/28 | €865,731 | €600,950 | -€264,781 | -30.6% |
| Intangible fixed assets | 21 | €36,776 | €10,173 | -€26,602 | -72.3% |
| Tangible fixed assets | 22/27 | €798,850 | €579,854 | -€218,996 | -27.4% |
| Plant, machinery and equipment | 23 | €16,408 | €12,228 | -€4,180 | -25.5% |
| Furniture and vehicles | 24 | €21,421 | €2,362 | -€19,059 | -89.0% |
| Leasing and similar rights | 25 | €575,903 | €351,401 | -€224,502 | -39.0% |
| Other tangible fixed assets | 26 | €185,118 | €213,863 | +€28,744 | +15.5% |
| Financial fixed assets | 28 | €30,105 | €10,923 | -€19,182 | -63.7% |
| Current assets | 29/58 | €4,832,903 | €3,742,041 | -€1.1m | -22.6% |
| Amounts receivable within one year | 40/41 | €3,857,583 | €3,088,085 | -€769,499 | -19.9% |
| Trade receivables | 40 | €2,002,321 | €1,824,130 | -€178,190 | -8.9% |
| Other amounts receivable | 41 | €1,855,262 | €1,263,954 | -€591,308 | -31.9% |
| Cash at bank and in hand | 54/58 | €667,746 | €424,296 | -€243,450 | -36.5% |
| Deferred charges and accrued income | 490/1 | €307,574 | €229,660 | -€77,914 | -25.3% |
| Total equity and liabilities | 10/49 | €5,698,634 | €4,342,991 | -€1.4m | -23.8% |
| Equity | 10/15 | €1,140,229 | €869,474 | -€270,755 | -23.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,078,729 | €807,974 | -€270,755 | -25.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €625 | €625 | = | 0.0% |
| Distributable reserves | 133 | €1,071,954 | €801,199 | -€270,755 | -25.3% |
| Amounts payable | 17/49 | €4,558,405 | €3,473,517 | -€1.1m | -23.8% |
| Amounts payable after more than one year | 17 | €358,106 | €335,947 | -€22,159 | -6.2% |
| Financial debts | 170/4 | €358,106 | €335,947 | -€22,159 | -6.2% |
| Amounts payable within one year | 42/48 | €3,993,623 | €3,076,021 | -€917,602 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €205,668 | €198,932 | -€6,736 | -3.3% |
| Financial debts | 43 | €44,759 | €1,248,359 | +€1.2m | +2,689% |
| Credit institutions | 430/8 | - | €1,248,359 | +€1.2m | |
| Other loans | 439 | €44,759 | €0 | -€44,759 | -100% |
| Trade debts | 44 | €338,244 | €401,052 | +€62,808 | +18.6% |
| Suppliers | 440/4 | €338,244 | €401,052 | +€62,808 | +18.6% |
| Taxes, remuneration and social security | 45 | €670,136 | €640,170 | -€29,966 | -4.5% |
| Taxes | 450/3 | €214,392 | €235,926 | +€21,534 | +10.0% |
| Remuneration and social security | 454/9 | €455,744 | €404,244 | -€51,500 | -11.3% |
| Other amounts payable | 47/48 | €2,734,816 | €587,507 | -€2.1m | -78.5% |
| Accrued charges and deferred income | 492/3 | €206,676 | €61,549 | -€145,127 | -70.2% |
| Non-recurring operating income | 76A | €7,400 | €47,852 | +€40,452 | +547% |
| Remuneration, social security and pensions | 62 | €3,928,633 | €4,701,715 | +€773,083 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288,193 | €355,366 | +€67,173 | +23.3% |
| Other operating charges | 640/8 | €77,725 | €67,787 | -€9,939 | -12.8% |
| Non-recurring operating charges | 66A | - | €18,792 | +€18,792 | |
| Gross operating margin | 9900 | €5,576,213 | €6,870,878 | +€1.3m | +23.2% |
| Operating profit (loss) | 9901 | €1,281,662 | €1,727,218 | +€445,557 | +34.8% |
| Financial income | 75/76B | €91,297 | €90,834 | -€463 | -0.5% |
| Recurring financial income | 75 | €91,297 | €90,834 | -€463 | -0.5% |
| Financial charges | 65/66B | €113,067 | €87,588 | -€25,479 | -22.5% |
| Recurring financial charges | 65 | €113,067 | €87,588 | -€25,479 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €1,259,891 | €1,730,464 | +€470,572 | +37.4% |
| Income taxes | 67/77 | €313,947 | €419,219 | +€105,272 | +33.5% |
| Profit (loss) for the period | 9904 | €945,945 | €1,311,245 | +€365,300 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €945,945 | €1,311,245 | +€365,300 | +38.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 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.