DDE Group: 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.
DDE Group
Largest movements
- Receivables within one year -€1.0m
down €1.0m (-52.4%), from €1.9m to €927,433
of which Other amounts receivable: -€1.1m
- Tangible fixed assets -€62,178
down €62,178 (-33.5%), from €185,746 to €123,568
of which Leasing and similar rights: -€56,403
- Deferred charges and accrued income -€54,811
down €54,811 (-66.9%), from €81,877 to €27,066
- Other debts -€844,136
down €844,136 (-28.4%), from €3.0m to €2.1m
- Reserves -€233,387
down €233,387 (-28.4%), from €821,067 to €587,680
of which Distributable reserves: -€233,387
- Tax, wage and social debts -€69,416
down €69,416 (-49.9%), from €139,070 to €69,654
of which Remuneration and social security: -€50,503
- Short-term financial debts +€67,843
up €67,843 (+720%), from €9,422 to €77,265
- Debts after one year -€56,877
down €56,877 (-41.5%), from €136,901 to €80,024
- Financial income +€1.3m
up €1.3m (+505%), from €253,131 to €1.5m
of which Non-recurring financial income: +€1.3m
- Staff costs -€297,198
down €297,198 (-28.1%), from €1.1m to €759,450
- Gross operating margin -€265,984
down €265,984 (-16.9%), from €1.6m to €1.3m
- Taxes -€27,434
down €27,434 (-22.6%), from €121,628 to €94,194
- Financial charges +€20,916
up €20,916 (+98.3%), from €21,275 to €42,191
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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,408,813 | €3,259,302 | -€1.1m | -26.1% |
| Fixed assets | 21/28 | €2,354,164 | €2,291,986 | -€62,178 | -2.6% |
| Tangible fixed assets | 22/27 | €185,746 | €123,568 | -€62,178 | -33.5% |
| Plant, machinery and equipment | 23 | €7,126 | €1,401 | -€5,726 | -80.3% |
| Furniture and vehicles | 24 | €50 | €0 | -€50 | -100% |
| Leasing and similar rights | 25 | €178,570 | €122,167 | -€56,403 | -31.6% |
| Financial fixed assets | 28 | €2,168,418 | €2,168,418 | = | 0.0% |
| Current assets | 29/58 | €2,054,649 | €967,316 | -€1.1m | -52.9% |
| Amounts receivable within one year | 40/41 | €1,948,666 | €927,433 | -€1.0m | -52.4% |
| Trade receivables | 40 | €8,131 | €63,058 | +€54,927 | +676% |
| Other amounts receivable | 41 | €1,940,536 | €864,375 | -€1.1m | -55.5% |
| Cash at bank and in hand | 54/58 | €24,105 | €12,817 | -€11,288 | -46.8% |
| Deferred charges and accrued income | 490/1 | €81,877 | €27,066 | -€54,811 | -66.9% |
| Total equity and liabilities | 10/49 | €4,408,813 | €3,259,302 | -€1.1m | -26.1% |
| Equity | 10/15 | €882,567 | €649,180 | -€233,387 | -26.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €821,067 | €587,680 | -€233,387 | -28.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €814,917 | €581,530 | -€233,387 | -28.6% |
| Amounts payable | 17/49 | €3,526,246 | €2,610,122 | -€916,124 | -26.0% |
| Amounts payable after more than one year | 17 | €136,901 | €80,024 | -€56,877 | -41.5% |
| Financial debts | 170/4 | €136,901 | €80,024 | -€56,877 | -41.5% |
| Amounts payable within one year | 42/48 | €3,338,015 | €2,503,196 | -€834,820 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €43,297 | €45,751 | +€2,454 | +5.7% |
| Financial debts | 43 | €9,422 | €77,265 | +€67,843 | +720% |
| Other loans | 439 | €9,422 | €77,265 | +€67,843 | +720% |
| Trade debts | 44 | €170,800 | €179,236 | +€8,436 | +4.9% |
| Suppliers | 440/4 | €170,800 | €179,236 | +€8,436 | +4.9% |
| Taxes, remuneration and social security | 45 | €139,070 | €69,654 | -€69,416 | -49.9% |
| Taxes | 450/3 | €50,782 | €31,868 | -€18,913 | -37.2% |
| Remuneration and social security | 454/9 | €88,288 | €37,785 | -€50,503 | -57.2% |
| Other amounts payable | 47/48 | €2,975,426 | €2,131,290 | -€844,136 | -28.4% |
| Accrued charges and deferred income | 492/3 | €51,330 | €26,902 | -€24,428 | -47.6% |
| Remuneration, social security and pensions | 62 | €1,056,648 | €759,450 | -€297,198 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,315 | €58,075 | +€14,759 | +34.1% |
| Other operating charges | 640/8 | €8,477 | €12,936 | +€4,460 | +52.6% |
| Gross operating margin | 9900 | €1,574,981 | €1,308,997 | -€265,984 | -16.9% |
| Operating profit (loss) | 9901 | €466,540 | €478,536 | +€11,995 | +2.6% |
| Financial income | 75/76B | €253,131 | €1,531,463 | +€1.3m | +505% |
| Recurring financial income | 75 | €78,131 | €41,463 | -€36,668 | -46.9% |
| Non-recurring financial income | 76B | €175,000 | €1,490,000 | +€1.3m | +751% |
| Financial charges | 65/66B | €21,275 | €42,191 | +€20,916 | +98.3% |
| Recurring financial charges | 65 | €21,275 | €42,191 | +€20,916 | +98.3% |
| Profit (loss) for the period before taxes | 9903 | €698,396 | €1,967,808 | +€1.3m | +182% |
| Income taxes | 67/77 | €121,628 | €94,194 | -€27,434 | -22.6% |
| Profit (loss) for the period | 9904 | €576,768 | €1,873,614 | +€1.3m | +225% |
| Transfer from tax-exempt reserves | 789 | €249,200 | - | -€249,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €825,968 | €1,873,614 | +€1.0m | +127% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.