DDC TRADING: 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 TRADING
Largest movements
- Receivables within one year +€401,665
up €401,665 (+983.2%), from €40,852 to €442,517
- Tangible fixed assets -€259,175
down €259,175 (-34.7%), from €747,635 to €488,460
- Cash +€182,877
up €182,877 (+344.1%), from €53,142 to €236,019
mainly Net result for the year (+€354,841) and Investment in fixed assets (net) (+€242,091)
- Reserves +€366,250
up €366,250 (+87.7%), from €417,812 to €784,062
of which Distributable reserves: +€366,250
- Accrued charges and deferred income -€30,164
no longer reported in 2025 (was €30,164)
- Revaluation surpluses -€14,250
down €14,250 (-8.0%), from €177,988 to €163,738
- Gross operating margin +€362,193
up €362,193 (+248.0%), from €146,019 to €508,212
- Taxes +€95,988
up €95,988 (+338.6%), from €28,345 to €124,332
- Other operating charges -€31,233
down €31,233 (-74.4%), from €41,967 to €10,733
- Depreciation -€18,470
down €18,470 (-51.9%), from €35,555 to €17,085
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 | €842,396 | €1,167,776 | +€325,380 | +38.6% |
| Fixed assets | 21/28 | €747,635 | €488,460 | -€259,175 | -34.7% |
| Tangible fixed assets | 22/27 | €747,635 | €488,460 | -€259,175 | -34.7% |
| Land and buildings | 22 | €747,635 | €488,460 | -€259,175 | -34.7% |
| Current assets | 29/58 | €94,760 | €679,316 | +€584,556 | +616.9% |
| Amounts receivable within one year | 40/41 | €40,852 | €442,517 | +€401,665 | +983.2% |
| Other amounts receivable | 41 | €40,852 | €442,517 | +€401,665 | +983.2% |
| Cash at bank and in hand | 54/58 | €53,142 | €236,019 | +€182,877 | +344.1% |
| Deferred charges and accrued income | 490/1 | €767 | €780 | +€13 | +1.7% |
| Total equity and liabilities | 10/49 | €842,396 | €1,167,776 | +€325,380 | +38.6% |
| Equity | 10/15 | €692,594 | €1,047,435 | +€354,841 | +51.2% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Revaluation surpluses | 12 | €177,988 | €163,738 | -€14,250 | -8.0% |
| Reserves | 13 | €417,812 | €784,062 | +€366,250 | +87.7% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €411,512 | €777,762 | +€366,250 | +89.0% |
| Profit (loss) carried forward | 14 | €33,794 | €36,635 | +€2,841 | +8.4% |
| Amounts payable | 17/49 | €149,801 | €120,340 | -€29,461 | -19.7% |
| Amounts payable within one year | 42/48 | €119,637 | €120,340 | +€703 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €16,420 | €16,549 | +€129 | +0.8% |
| Taxes, remuneration and social security | 45 | €3,345 | €3,919 | +€574 | +17.2% |
| Taxes | 450/3 | €3,345 | €3,919 | +€574 | +17.2% |
| Other amounts payable | 47/48 | €99,873 | €99,873 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €30,164 | - | -€30,164 | |
| Non-recurring operating income | 76A | - | €365,429 | +€365,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,555 | €17,085 | -€18,470 | -51.9% |
| Other operating charges | 640/8 | €41,967 | €10,733 | -€31,233 | -74.4% |
| Gross operating margin | 9900 | €146,019 | €508,212 | +€362,193 | +248.0% |
| Operating profit (loss) | 9901 | €68,498 | €480,394 | +€411,897 | +601.3% |
| Financial income | 75/76B | €75 | - | -€75 | |
| Recurring financial income | 75 | €75 | - | -€75 | |
| Financial charges | 65/66B | €1,630 | €1,221 | -€409 | -25.1% |
| Recurring financial charges | 65 | €1,630 | €1,221 | -€409 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €66,943 | €479,174 | +€412,231 | +615.8% |
| Income taxes | 67/77 | €28,345 | €124,332 | +€95,988 | +338.6% |
| Profit (loss) for the period | 9904 | €38,598 | €354,841 | +€316,243 | +819.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,598 | €354,841 | +€316,243 | +819.3% |
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 12 October 2026 via checked.be.