DDC GROUP: 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.
DDC GROUP
Largest movements
- Receivables within one year +€14,666
up €14,666 (+13.8%), from €105,903 to €120,569
of which Other amounts receivable: +€35,044
- Tangible fixed assets -€10,811
down €10,811 (-27.6%), from €39,198 to €28,387
of which Furniture and vehicles: -€7,921
- Cash -€4,485
down €4,485 (-5.9%), from €75,775 to €71,290
mainly Tax, wage and social debts (-€16,183) and Receivables within one year (-€14,666)
- Trade debts +€23,699
up €23,699 (+35.9%), from €65,960 to €89,659
- Tax, wage and social debts -€16,183
down €16,183 (-42.2%), from €38,388 to €22,205
of which Remuneration and social security: -€21,465
- Short-term financial debts -€13,958
down €13,958 (-34.8%), from €40,075 to €26,117
- Profit (loss) carried forward +€11,280
up €11,280 (+24.3%), from €46,440 to €57,720
- Other debts -€4,827
no longer reported in 2024 (was €4,827)
- Purchases and services +€127,611
up €127,611 (+20.3%), from €627,199 to €754,810
- Turnover +€126,798
up €126,798 (+14.9%), from €848,939 to €975,737
- Staff costs +€23,913
up €23,913 (+10.7%), from €223,476 to €247,388
- Write-downs -€19,637
no longer reported in 2024 (was €19,637)
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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €234,917 | €235,393 | +€476 | +0.2% |
| Fixed assets | 21/28 | €42,240 | €31,789 | -€10,451 | -24.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €39,198 | €28,387 | -€10,811 | -27.6% |
| Plant, machinery and equipment | 23 | €4,307 | €1,417 | -€2,890 | -67.1% |
| Furniture and vehicles | 24 | €34,891 | €26,970 | -€7,921 | -22.7% |
| Financial fixed assets | 28 | €3,042 | €3,402 | +€360 | +11.8% |
| Current assets | 29/58 | €192,677 | €203,605 | +€10,927 | +5.7% |
| Stocks and contracts in progress | 3 | €11,000 | €11,747 | +€747 | +6.8% |
| Stocks | 30/36 | €11,000 | €11,747 | +€747 | +6.8% |
| Amounts receivable within one year | 40/41 | €105,903 | €120,569 | +€14,666 | +13.8% |
| Trade receivables | 40 | €88,834 | €68,457 | -€20,378 | -22.9% |
| Other amounts receivable | 41 | €17,068 | €52,112 | +€35,044 | +205.3% |
| Cash at bank and in hand | 54/58 | €75,775 | €71,290 | -€4,485 | -5.9% |
| Total equity and liabilities | 10/49 | €234,917 | €235,393 | +€476 | +0.2% |
| Equity | 10/15 | €85,666 | €97,413 | +€11,747 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,626 | €21,093 | +€467 | +2.3% |
| Non-distributable reserves | 130/1 | €626 | €1,093 | +€467 | +74.6% |
| Legal reserve | 130 | €626 | €1,093 | +€467 | +74.6% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,440 | €57,720 | +€11,280 | +24.3% |
| Amounts payable | 17/49 | €149,251 | €137,981 | -€11,271 | -7.6% |
| Amounts payable within one year | 42/48 | €149,251 | €137,981 | -€11,271 | -7.6% |
| Financial debts | 43 | €40,075 | €26,117 | -€13,958 | -34.8% |
| Credit institutions | 430/8 | €40,075 | €26,117 | -€13,958 | -34.8% |
| Trade debts | 44 | €65,960 | €89,659 | +€23,699 | +35.9% |
| Suppliers | 440/4 | €65,960 | €89,659 | +€23,699 | +35.9% |
| Taxes, remuneration and social security | 45 | €38,388 | €22,205 | -€16,183 | -42.2% |
| Taxes | 450/3 | - | €5,281 | +€5,281 | |
| Remuneration and social security | 454/9 | €38,388 | €16,924 | -€21,465 | -55.9% |
| Other amounts payable | 47/48 | €4,827 | - | -€4,827 | |
| Turnover | 70 | €848,939 | €975,737 | +€126,798 | +14.9% |
| Non-recurring operating income | 76A | - | €28 | +€28 | |
| Goods, raw materials, services and sundry goods | 60/61 | €627,199 | €754,810 | +€127,611 | +20.3% |
| Remuneration, social security and pensions | 62 | €223,476 | €247,388 | +€23,913 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,427 | €12,760 | +€333 | +2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,637 | - | -€19,637 | |
| Other operating charges | 640/8 | €3,340 | €1,406 | -€1,934 | -57.9% |
| Gross operating margin | 9900 | €283,868 | €289,830 | +€5,963 | +2.1% |
| Operating profit (loss) | 9901 | €24,988 | €28,276 | +€3,288 | +13.2% |
| Financial income | 75/76B | €0 | €15 | +€15 | |
| Recurring financial income | 75 | €0 | €15 | +€15 | |
| Financial charges | 65/66B | €2,657 | €3,364 | +€707 | +26.6% |
| Recurring financial charges | 65 | €2,657 | €3,364 | +€707 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €22,331 | €24,927 | +€2,596 | +11.6% |
| Income taxes | 67/77 | €12,211 | €13,180 | +€969 | +7.9% |
| Profit (loss) for the period | 9904 | €10,119 | €11,747 | +€1,627 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,119 | €11,747 | +€1,627 | +16.1% |
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 28 September 2026 via checked.be.