DDB Verwarming: 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.
DDB Verwarming
Largest movements
- Cash -€20,827
down €20,827 (-51.6%), from €40,334 to €19,507
mainly Investment in fixed assets (net) (-€27,884) and Trade debts (-€19,740)
- Tangible fixed assets +€18,987
up €18,987 (+98.0%), from €19,376 to €38,363
of which Furniture and vehicles: +€19,430
- Receivables within one year +€16,420
up €16,420 (+65.4%), from €25,091 to €41,511
of which Trade receivables: +€10,103
- Stocks and contracts +€15,862
new in 2025: €15,862
- Advances received +€27,790
new in 2025: €27,790
- Debts after one year +€21,424
up €21,424 (+1028.9%), from €2,082 to €23,506
- Trade debts -€19,740
down €19,740 (-73.7%), from €26,788 to €7,048
- Current portion of long-term debt +€11,358
new in 2025: €11,358
- Reserves -€6,270
down €6,270 (-17.9%), from €34,978 to €28,708
- Staff costs +€17,657
new in 2025: €17,657
- Gross operating margin -€7,916
down €7,916 (-24.6%), from €32,149 to €24,233
- Taxes -€5,524
down €5,524 (-97.7%), from €5,656 to €132
- Depreciation +€5,372
up €5,372 (+152.4%), from €3,524 to €8,896
- Other operating charges +€639
up €639 (+60.2%), from €1,062 to €1,701
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 | €85,965 | €116,257 | +€30,292 | +35.2% |
| Fixed assets | 21/28 | €19,376 | €38,363 | +€18,987 | +98.0% |
| Tangible fixed assets | 22/27 | €19,376 | €38,363 | +€18,987 | +98.0% |
| Plant, machinery and equipment | 23 | €6,105 | €5,662 | -€442 | -7.2% |
| Furniture and vehicles | 24 | €13,271 | €32,701 | +€19,430 | +146.4% |
| Current assets | 29/58 | €66,589 | €77,894 | +€11,304 | +17.0% |
| Stocks and contracts in progress | 3 | - | €15,862 | +€15,862 | |
| Stocks | 30/36 | - | €15,862 | +€15,862 | |
| Amounts receivable within one year | 40/41 | €25,091 | €41,511 | +€16,420 | +65.4% |
| Trade receivables | 40 | €7,283 | €17,386 | +€10,103 | +138.7% |
| Other amounts receivable | 41 | €17,808 | €24,125 | +€6,317 | +35.5% |
| Cash at bank and in hand | 54/58 | €40,334 | €19,507 | -€20,827 | -51.6% |
| Deferred charges and accrued income | 490/1 | €1,164 | €1,014 | -€150 | -12.9% |
| Total equity and liabilities | 10/49 | €85,965 | €116,257 | +€30,292 | +35.2% |
| Equity | 10/15 | €37,978 | €31,708 | -€6,270 | -16.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,978 | €28,708 | -€6,270 | -17.9% |
| Distributable reserves | 133 | €34,978 | €28,708 | -€6,270 | -17.9% |
| Amounts payable | 17/49 | €47,987 | €84,549 | +€36,562 | +76.2% |
| Amounts payable after more than one year | 17 | €2,082 | €23,506 | +€21,424 | +1028.9% |
| Financial debts | 170/4 | €2,082 | €23,506 | +€21,424 | +1028.9% |
| Amounts payable within one year | 42/48 | €45,905 | €61,043 | +€15,138 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | - | €11,358 | +€11,358 | |
| Financial debts | 43 | - | €1,615 | +€1,615 | |
| Other loans | 439 | - | €1,615 | +€1,615 | |
| Trade debts | 44 | €26,788 | €7,048 | -€19,740 | -73.7% |
| Suppliers | 440/4 | €26,788 | €7,048 | -€19,740 | -73.7% |
| Advances received on contracts in progress | 46 | - | €27,790 | +€27,790 | |
| Taxes, remuneration and social security | 45 | €4,855 | €2,612 | -€2,243 | -46.2% |
| Taxes | 450/3 | €4,855 | €166 | -€4,689 | -96.6% |
| Remuneration and social security | 454/9 | - | €2,446 | +€2,446 | |
| Other amounts payable | 47/48 | €14,262 | €10,620 | -€3,642 | -25.5% |
| Remuneration, social security and pensions | 62 | - | €17,657 | +€17,657 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,524 | €8,896 | +€5,372 | +152.4% |
| Other operating charges | 640/8 | €1,062 | €1,701 | +€639 | +60.2% |
| Gross operating margin | 9900 | €32,149 | €24,233 | -€7,916 | -24.6% |
| Operating profit (loss) | 9901 | €27,562 | -€4,021 | -€31,584 | |
| Financial income | 75/76B | €61 | €134 | +€73 | +118.6% |
| Recurring financial income | 75 | €61 | €134 | +€73 | +118.6% |
| Financial charges | 65/66B | €2,248 | €2,251 | +€3 | +0.1% |
| Recurring financial charges | 65 | €2,248 | €2,251 | +€3 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €25,376 | -€6,138 | -€31,514 | |
| Income taxes | 67/77 | €5,656 | €132 | -€5,524 | -97.7% |
| Profit (loss) for the period | 9904 | €19,720 | -€6,270 | -€25,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,720 | -€6,270 | -€25,990 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.