DD&S: 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&S
Largest movements
- Cash +€81,836
up €81,836 (+87.8%), from €93,186 to €175,022
mainly Trade debts (+€83,013) and Other debts (+€35,643)
- Tangible fixed assets -€12,188
down €12,188 (-24.9%), from €49,028 to €36,840
of which Furniture and vehicles: -€9,299
- Trade debts +€83,013
up €83,013 (+724.7%), from €11,455 to €94,468
- Reserves -€39,285
down €39,285 (-38.2%), from €102,948 to €63,664
of which Distributable reserves: -€39,285
- Other debts +€35,643
up €35,643 (+74.5%), from €47,828 to €83,471
- Tax, wage and social debts -€10,545
down €10,545 (-28.9%), from €36,546 to €26,001
- Gross operating margin -€24,890
down €24,890 (-33.8%), from €73,722 to €48,832
- Taxes -€1,396
down €1,396 (-19.2%), from €7,265 to €5,869
- Depreciation +€1,007
up €1,007 (+8.0%), from €12,631 to €13,638
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 | €218,777 | €287,603 | +€68,826 | +31.5% |
| Fixed assets | 21/28 | €49,028 | €36,840 | -€12,188 | -24.9% |
| Tangible fixed assets | 22/27 | €49,028 | €36,840 | -€12,188 | -24.9% |
| Plant, machinery and equipment | 23 | €21,176 | €18,287 | -€2,889 | -13.6% |
| Furniture and vehicles | 24 | €27,852 | €18,553 | -€9,299 | -33.4% |
| Current assets | 29/58 | €169,749 | €250,763 | +€81,014 | +47.7% |
| Amounts receivable within one year | 40/41 | €76,563 | €75,741 | -€822 | -1.1% |
| Trade receivables | 40 | €76,294 | €74,611 | -€1,684 | -2.2% |
| Other amounts receivable | 41 | €269 | €1,131 | +€862 | +320.9% |
| Cash at bank and in hand | 54/58 | €93,186 | €175,022 | +€81,836 | +87.8% |
| Total equity and liabilities | 10/49 | €218,777 | €287,603 | +€68,826 | +31.5% |
| Equity | 10/15 | €122,948 | €83,664 | -€39,285 | -32.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €102,948 | €63,664 | -€39,285 | -38.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €102,948 | €63,664 | -€39,285 | -38.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €95,829 | €203,939 | +€108,111 | +112.8% |
| Amounts payable within one year | 42/48 | €95,829 | €203,939 | +€108,111 | +112.8% |
| Trade debts | 44 | €11,455 | €94,468 | +€83,013 | +724.7% |
| Suppliers | 440/4 | €11,455 | €94,468 | +€83,013 | +724.7% |
| Taxes, remuneration and social security | 45 | €36,546 | €26,001 | -€10,545 | -28.9% |
| Taxes | 450/3 | €36,546 | €26,001 | -€10,545 | -28.9% |
| Other amounts payable | 47/48 | €47,828 | €83,471 | +€35,643 | +74.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,631 | €13,638 | +€1,007 | +8.0% |
| Other operating charges | 640/8 | €295 | €506 | +€211 | +71.3% |
| Gross operating margin | 9900 | €73,722 | €48,832 | -€24,890 | -33.8% |
| Operating profit (loss) | 9901 | €60,796 | €34,688 | -€26,108 | -42.9% |
| Financial income | 75/76B | €16 | €78 | +€61 | +373.9% |
| Recurring financial income | 75 | €16 | €78 | +€61 | +373.9% |
| Financial charges | 65/66B | €123 | €181 | +€58 | +47.7% |
| Recurring financial charges | 65 | €123 | €181 | +€58 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €60,690 | €34,585 | -€26,105 | -43.0% |
| Income taxes | 67/77 | €7,265 | €5,869 | -€1,396 | -19.2% |
| Profit (loss) for the period | 9904 | €53,425 | €28,715 | -€24,709 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,425 | €28,715 | -€24,709 | -46.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.