DDB: 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.
What changed
DDB
NACE 73.110, Advertising agencies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€322,791
2023 · €724,572-€401,781
Equity
€179,740
2023 · €111,551+€68,189
Cash
-
not filed
Balance sheet total
€4.1m
2023 · €4.5m-€389,335
Largest movements
Assets
- Receivables within one year -€622,285
down €622,285 (-21.1%), from €3.0m to €2.3m
of which Trade receivables: -€588,028
- Stocks and contracts +€221,237
up €221,237 (+14.9%), from €1.5m to €1.7m
Equity and liabilities
- Other debts -€402,500
down €402,500 (-55.5%), from €725,000 to €322,500
- Trade debts -€190,967
down €190,967 (-16.3%), from €1.2m to €979,856
- Tax, wage and social debts +€95,088
up €95,088 (+41.0%), from €232,187 to €327,274
of which Remuneration and social security: +€115,160
- Contributions +€61,500
up €61,500 (+99.2%), from €62,000 to €123,500
Income statement
- Turnover +€2.0m
up €2.0m (+35.3%), from €5.6m to €7.6m
- Goods and materials +€1.5m
up €1.5m (+55.4%), from €2.7m to €4.1m
- Staff costs +€636,359
up €636,359 (+50.0%), from €1.3m to €1.9m
- Services and other goods +€572,482
up €572,482 (+43.6%), from €1.3m to €1.9m
- Other operating income +€536,264
up €536,264 (+126.1%), from €425,303 to €961,566
From the 2023 result to the 2024 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.
Result 2023
€724,572
Turnover
+€2.0m
Other operating income
+€536,264
Goods and materials
-€1.5m
Services and other goods
-€572,482
Staff costs
-€636,359
Depreciation
+€4,491
Other operating charges
+€355
Other operating items
-€393,059
Financial income
+€32,472
Financial charges
-€10,242
Taxes
+€126,274
Result 2024
€322,791
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,476,813 | €4,087,477 | -€389,335 | -8.7% |
| Fixed assets | 21/28 | €2,686 | €1,540 | -€1,146 | -42.7% |
| Tangible fixed assets | 22/27 | €2,686 | €1,540 | -€1,146 | -42.7% |
| Plant, machinery and equipment | 23 | - | €689 | +€689 | |
| Furniture and vehicles | 24 | €1,199 | €851 | -€348 | -29.0% |
| Leasing and similar rights | 25 | €1,487 | €0 | -€1,487 | -100.0% |
| Current assets | 29/58 | €4,474,126 | €4,085,937 | -€388,189 | -8.7% |
| Stocks and contracts in progress | 3 | €1,488,213 | €1,709,451 | +€221,237 | +14.9% |
| Contracts in progress | 37 | €1,488,213 | €1,709,451 | +€221,237 | +14.9% |
| Amounts receivable within one year | 40/41 | €2,952,969 | €2,330,684 | -€622,285 | -21.1% |
| Trade receivables | 40 | €1,816,759 | €1,228,731 | -€588,028 | -32.4% |
| Other amounts receivable | 41 | €1,136,210 | €1,101,954 | -€34,257 | -3.0% |
| Deferred charges and accrued income | 490/1 | €32,944 | €45,802 | +€12,859 | +39.0% |
| Total equity and liabilities | 10/49 | €4,476,813 | €4,087,477 | -€389,335 | -8.7% |
| Equity | 10/15 | €111,551 | €179,740 | +€68,189 | +61.1% |
| Contributions | 10/11 | €62,000 | €123,500 | +€61,500 | +99.2% |
| Capital | 10 | €62,000 | €123,500 | +€61,500 | +99.2% |
| Issued capital | 100 | €62,000 | €123,500 | +€61,500 | +99.2% |
| Reserves | 13 | €49,120 | €55,270 | +€6,150 | +12.5% |
| Non-distributable reserves | 130/1 | €19,373 | €25,523 | +€6,150 | +31.7% |
| Legal reserve | 130 | €6,200 | €12,350 | +€6,150 | +99.2% |
| Other | 1319 | €13,173 | €13,173 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,747 | €29,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | €430 | €970 | +€539 | +125.4% |
| Amounts payable | 17/49 | €4,365,262 | €3,907,737 | -€457,525 | -10.5% |
| Amounts payable within one year | 42/48 | €4,365,262 | €3,907,737 | -€457,525 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €1,568 | - | -€1,568 | |
| Trade debts | 44 | €1,170,823 | €979,856 | -€190,967 | -16.3% |
| Suppliers | 440/4 | €1,170,823 | €979,856 | -€190,967 | -16.3% |
| Advances received on contracts in progress | 46 | €2,235,685 | €2,278,107 | +€42,422 | +1.9% |
| Taxes, remuneration and social security | 45 | €232,187 | €327,274 | +€95,088 | +41.0% |
| Taxes | 450/3 | €110,420 | €90,348 | -€20,072 | -18.2% |
| Remuneration and social security | 454/9 | €121,766 | €236,926 | +€115,160 | +94.6% |
| Other amounts payable | 47/48 | €725,000 | €322,500 | -€402,500 | -55.5% |
| Operating income | 70/76A | €6,229,346 | €8,356,854 | +€2.1m | +34.2% |
| Turnover | 70 | €5,618,986 | €7,603,050 | +€2.0m | +35.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €185,057 | -€207,763 | -€392,820 | |
| Other operating income | 74 | €425,303 | €961,566 | +€536,264 | +126.1% |
| Operating charges | 60/66A | €5,254,600 | €7,932,393 | +€2.7m | +51.0% |
| Goods for resale, raw materials and consumables | 60 | €2,657,481 | €4,131,039 | +€1.5m | +55.4% |
| Purchases | 600/8 | €2,657,481 | €4,131,039 | +€1.5m | +55.4% |
| Services and other goods | 61 | €1,313,782 | €1,886,263 | +€572,482 | +43.6% |
| Remuneration, social security and pensions | 62 | €1,272,024 | €1,908,383 | +€636,359 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,684 | €3,193 | -€4,491 | -58.4% |
| Other operating charges | 640/8 | €3,630 | €3,275 | -€355 | -9.8% |
| Non-recurring operating charges | 66A | - | €239 | +€239 | |
| Operating profit (loss) | 9901 | €974,746 | €424,461 | -€550,285 | -56.5% |
| Financial income | 75/76B | €24,595 | €57,067 | +€32,472 | +132.0% |
| Recurring financial income | 75 | €24,595 | €57,067 | +€32,472 | +132.0% |
| Income from current assets | 751 | €24,595 | €52,959 | +€28,364 | +115.3% |
| Other financial income | 752/9 | - | €4,108 | +€4,108 | |
| Financial charges | 65/66B | €9,456 | €19,698 | +€10,242 | +108.3% |
| Recurring financial charges | 65 | €9,456 | €19,698 | +€10,242 | +108.3% |
| Debt charges | 650 | €8,121 | €15,023 | +€6,901 | +85.0% |
| Other financial charges | 652/9 | €1,334 | €4,675 | +€3,341 | +250.4% |
| Profit (loss) for the period before taxes | 9903 | €989,885 | €461,830 | -€528,055 | -53.3% |
| Income taxes | 67/77 | €265,313 | €139,039 | -€126,274 | -47.6% |
| Taxes | 670/3 | €265,313 | €140,000 | -€125,313 | -47.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €961 | +€961 | |
| Profit (loss) for the period | 9904 | €724,572 | €322,791 | -€401,781 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €724,572 | €322,791 | -€401,781 | -55.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.