DDB PROJECT: 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.
DDB PROJECT
Largest movements
- Receivables within one year -€30,078
down €30,078 (-17.6%), from €171,013 to €140,935
of which Trade receivables: -€45,292
- Cash +€22,659
up €22,659 (+699.5%), from €3,239 to €25,898
mainly Receivables within one year (+€30,078) and Net result for the year (+€24,790)
- Tangible fixed assets -€7,436
down €7,436 (-26.7%), from €27,866 to €20,430
of which Furniture and vehicles: -€6,892
- Profit (loss) carried forward +€24,790
up €24,790 (+39.6%), from €62,580 to €87,370
- Tax, wage and social debts -€22,286
down €22,286 (-34.3%), from €65,034 to €42,748
of which Remuneration and social security: -€26,626
- Short-term financial debts -€16,180
down €16,180 (-24.2%), from €66,889 to €50,708
- Trade debts +€10,048
up €10,048 (+157.9%), from €6,362 to €16,411
- Current portion of long-term debt -€8,155
down €8,155 (-74.3%), from €10,973 to €2,818
- Staff costs -€86,859
down €86,859 (-37.7%), from €230,105 to €143,245
- Gross operating margin -€85,869
down €85,869 (-29.5%), from €290,784 to €204,915
- Purchases and services -€34,086
down €34,086 (-16.7%), from €203,544 to €169,458
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 | €235,557 | €220,955 | -€14,601 | -6.2% |
| Fixed assets | 21/28 | €27,916 | €20,480 | -€7,436 | -26.6% |
| Tangible fixed assets | 22/27 | €27,866 | €20,430 | -€7,436 | -26.7% |
| Furniture and vehicles | 24 | €27,322 | €20,430 | -€6,892 | -25.2% |
| Other tangible fixed assets | 26 | €544 | - | -€544 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €207,641 | €200,475 | -€7,165 | -3.5% |
| Amounts receivable after more than one year | 29 | €33,119 | €33,119 | = | 0.0% |
| Other amounts receivable | 291 | €33,119 | €33,119 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €171,013 | €140,935 | -€30,078 | -17.6% |
| Trade receivables | 40 | €103,404 | €58,111 | -€45,292 | -43.8% |
| Other amounts receivable | 41 | €67,609 | €82,824 | +€15,214 | +22.5% |
| Cash at bank and in hand | 54/58 | €3,239 | €25,898 | +€22,659 | +699.5% |
| Deferred charges and accrued income | 490/1 | €269 | €523 | +€254 | +94.4% |
| Total equity and liabilities | 10/49 | €235,557 | €220,955 | -€14,601 | -6.2% |
| Equity | 10/15 | €83,480 | €108,270 | +€24,790 | +29.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,580 | €87,370 | +€24,790 | +39.6% |
| Amounts payable | 17/49 | €152,077 | €112,686 | -€39,391 | -25.9% |
| Amounts payable after more than one year | 17 | €2,818 | - | -€2,818 | |
| Financial debts | 170/4 | €2,818 | - | -€2,818 | |
| Amounts payable within one year | 42/48 | €149,258 | €112,686 | -€36,573 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €10,973 | €2,818 | -€8,155 | -74.3% |
| Financial debts | 43 | €66,889 | €50,708 | -€16,180 | -24.2% |
| Credit institutions | 430/8 | €66,889 | €50,708 | -€16,180 | -24.2% |
| Trade debts | 44 | €6,362 | €16,411 | +€10,048 | +157.9% |
| Suppliers | 440/4 | €6,362 | €16,411 | +€10,048 | +157.9% |
| Taxes, remuneration and social security | 45 | €65,034 | €42,748 | -€22,286 | -34.3% |
| Taxes | 450/3 | €32,270 | €36,610 | +€4,340 | +13.4% |
| Remuneration and social security | 454/9 | €32,764 | €6,138 | -€26,626 | -81.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €203,544 | €169,458 | -€34,086 | -16.7% |
| Remuneration, social security and pensions | 62 | €230,105 | €143,245 | -€86,859 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,431 | €14,578 | +€147 | +1.0% |
| Other operating charges | 640/8 | €1,762 | €2,563 | +€801 | +45.5% |
| Gross operating margin | 9900 | €290,784 | €204,915 | -€85,869 | -29.5% |
| Operating profit (loss) | 9901 | €44,487 | €44,529 | +€42 | +0.1% |
| Financial income | 75/76B | €3,774 | €4,998 | +€1,223 | +32.4% |
| Recurring financial income | 75 | €3,774 | €4,998 | +€1,223 | +32.4% |
| Financial charges | 65/66B | €10,451 | €11,984 | +€1,533 | +14.7% |
| Recurring financial charges | 65 | €10,451 | €11,984 | +€1,533 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €37,810 | €37,542 | -€268 | -0.7% |
| Income taxes | 67/77 | €13,187 | €12,752 | -€435 | -3.3% |
| Profit (loss) for the period | 9904 | €24,623 | €24,790 | +€167 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,623 | €24,790 | +€167 | +0.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.