DDC: 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.
DDC
Largest movements
- Tangible fixed assets -€178,978
down €178,978 (-43.1%), from €415,178 to €236,200
of which Land and buildings: -€182,688
- Cash +€74,539
up €74,539 (+129.0%), from €57,791 to €132,330
mainly Investment in fixed assets (net) (+€163,295) and Net result for the year (+€110,456)
- Receivables within one year +€47,190
up €47,190 (+260.0%), from €18,150 to €65,340
- Debts after one year -€165,057
down €165,057 (-50.0%), from €329,806 to €164,749
- Reserves +€110,456
up €110,456 (+38.7%), from €285,752 to €396,208
of which Distributable reserves: +€112,841
- Accrued charges and deferred income -€13,258
down €13,258 (-55.2%), from €24,008 to €10,750
- Gross operating margin +€121,294
up €121,294 (+153.3%), from €79,146 to €200,440
- Taxes +€39,000
up €39,000 (+263.8%), from €14,784 to €53,785
- Depreciation -€5,429
down €5,429 (-25.7%), from €21,112 to €15,683
- Financial charges +€4,337
up €4,337 (+31.9%), from €13,595 to €17,931
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 | €719,969 | €662,761 | -€57,208 | -7.9% |
| Fixed assets | 21/28 | €642,240 | €463,261 | -€178,978 | -27.9% |
| Tangible fixed assets | 22/27 | €415,178 | €236,200 | -€178,978 | -43.1% |
| Land and buildings | 22 | €395,436 | €212,748 | -€182,688 | -46.2% |
| Furniture and vehicles | 24 | €19,741 | €23,451 | +€3,710 | +18.8% |
| Financial fixed assets | 28 | €227,062 | €227,062 | = | 0.0% |
| Current assets | 29/58 | €77,729 | €199,499 | +€121,770 | +156.7% |
| Amounts receivable within one year | 40/41 | €18,150 | €65,340 | +€47,190 | +260.0% |
| Trade receivables | 40 | €18,150 | €65,340 | +€47,190 | +260.0% |
| Cash at bank and in hand | 54/58 | €57,791 | €132,330 | +€74,539 | +129.0% |
| Deferred charges and accrued income | 490/1 | €1,788 | €1,829 | +€41 | +2.3% |
| Total equity and liabilities | 10/49 | €719,969 | €662,761 | -€57,208 | -7.9% |
| Equity | 10/15 | €300,720 | €411,175 | +€110,456 | +36.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €285,752 | €396,208 | +€110,456 | +38.7% |
| Tax-exempt reserves | 132 | €29,415 | €27,030 | -€2,385 | -8.1% |
| Distributable reserves | 133 | €256,337 | €369,178 | +€112,841 | +44.0% |
| Profit (loss) carried forward | 14 | €8,768 | €8,768 | = | 0.0% |
| Provisions and deferred taxes | 16 | €9,805 | €9,010 | -€795 | -8.1% |
| Deferred taxes | 168 | €9,805 | €9,010 | -€795 | -8.1% |
| Amounts payable | 17/49 | €409,444 | €242,575 | -€166,869 | -40.8% |
| Amounts payable after more than one year | 17 | €329,806 | €164,749 | -€165,057 | -50.0% |
| Financial debts | 170/4 | €329,806 | €164,749 | -€165,057 | -50.0% |
| Amounts payable within one year | 42/48 | €55,629 | €67,076 | +€11,446 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €39,992 | €40,557 | +€565 | +1.4% |
| Trade debts | 44 | €2,766 | €6,603 | +€3,837 | +138.7% |
| Suppliers | 440/4 | €2,766 | €6,603 | +€3,837 | +138.7% |
| Taxes, remuneration and social security | 45 | €12,584 | €14,361 | +€1,776 | +14.1% |
| Taxes | 450/3 | €12,584 | €14,361 | +€1,776 | +14.1% |
| Other amounts payable | 47/48 | €287 | €5,555 | +€5,268 | +1834.4% |
| Accrued charges and deferred income | 492/3 | €24,008 | €10,750 | -€13,258 | -55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,112 | €15,683 | -€5,429 | -25.7% |
| Other operating charges | 640/8 | €3,102 | €3,380 | +€278 | +9.0% |
| Gross operating margin | 9900 | €79,146 | €200,440 | +€121,294 | +153.3% |
| Operating profit (loss) | 9901 | €54,932 | €181,377 | +€126,445 | +230.2% |
| Financial charges | 65/66B | €13,595 | €17,931 | +€4,337 | +31.9% |
| Recurring financial charges | 65 | €13,595 | €17,931 | +€4,337 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €41,337 | €163,445 | +€122,108 | +295.4% |
| Transfer from deferred taxes | 780 | €795 | €795 | = | 0.0% |
| Income taxes | 67/77 | €14,784 | €53,785 | +€39,000 | +263.8% |
| Profit (loss) for the period | 9904 | €27,348 | €110,456 | +€83,108 | +303.9% |
| Transfer from tax-exempt reserves | 789 | €2,385 | €2,385 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,733 | €112,841 | +€83,108 | +279.5% |
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 10 October 2026 via checked.be.