DDG MANAGEMENT: 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.
DDG MANAGEMENT
Largest movements
- Tangible fixed assets -€35,660
down €35,660 (-11.1%), from €320,267 to €284,607
of which Land and buildings: -€37,461
- Receivables within one year +€9,640
up €9,640 (+11.8%), from €81,472 to €91,112
of which Trade receivables: +€8,000
- Deferred charges and accrued income +€8,175
up €8,175 (+209%), from €3,914 to €12,089
- Cash +€6,840
up €6,840 (+28.3%), from €24,143 to €30,984
mainly Net result for the year (+€69,498) and Depreciation (+€37,866)
- Reserves +€46,090
up €46,090 (+21.2%), from €217,692 to €263,782
- Debts after one year -€42,804
down €42,804 (-16.6%), from €258,290 to €215,487
- Other debts -€20,000
down €20,000 (-32.5%), from €61,451 to €41,451
- Gross operating margin +€37,022
up €37,022 (+31.9%), from €116,176 to €153,199
- Taxes +€7,280
up €7,280 (+38.7%), from €18,830 to €26,110
- Financial charges +€5,530
up €5,530 (+56.9%), from €9,724 to €15,253
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
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 | €637,837 | €626,833 | -€11,004 | -1.7% |
| Fixed assets | 21/28 | €528,057 | €492,398 | -€35,660 | -6.8% |
| Tangible fixed assets | 22/27 | €320,267 | €284,607 | -€35,660 | -11.1% |
| Land and buildings | 22 | €320,267 | €282,806 | -€37,461 | -11.7% |
| Plant, machinery and equipment | 23 | - | €1,802 | +€1,802 | |
| Financial fixed assets | 28 | €207,790 | €207,790 | = | 0.0% |
| Current assets | 29/58 | €109,779 | €134,435 | +€24,656 | +22.5% |
| Amounts receivable within one year | 40/41 | €81,472 | €91,112 | +€9,640 | +11.8% |
| Trade receivables | 40 | €23,580 | €31,580 | +€8,000 | +33.9% |
| Other amounts receivable | 41 | €57,892 | €59,532 | +€1,640 | +2.8% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,143 | €30,984 | +€6,840 | +28.3% |
| Deferred charges and accrued income | 490/1 | €3,914 | €12,089 | +€8,175 | +209% |
| Total equity and liabilities | 10/49 | €637,837 | €626,833 | -€11,004 | -1.7% |
| Equity | 10/15 | €249,692 | €295,782 | +€46,090 | +18.5% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €217,692 | €263,782 | +€46,090 | +21.2% |
| Distributable reserves | 133 | €217,692 | €263,782 | +€46,090 | +21.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €388,144 | €331,051 | -€57,093 | -14.7% |
| Amounts payable after more than one year | 17 | €258,290 | €215,487 | -€42,804 | -16.6% |
| Financial debts | 170/4 | €258,290 | €215,487 | -€42,804 | -16.6% |
| Amounts payable within one year | 42/48 | €129,854 | €115,564 | -€14,290 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €42,653 | €42,804 | +€150 | +0.4% |
| Financial debts | 43 | €6,690 | €8,806 | +€2,115 | +31.6% |
| Credit institutions | 430/8 | €6,690 | €8,806 | +€2,115 | +31.6% |
| Trade debts | 44 | €3,322 | €6,518 | +€3,196 | +96.2% |
| Suppliers | 440/4 | €3,322 | €6,518 | +€3,196 | +96.2% |
| Taxes, remuneration and social security | 45 | €15,737 | €15,986 | +€249 | +1.6% |
| Taxes | 450/3 | €14,013 | €14,073 | +€59 | +0.4% |
| Remuneration and social security | 454/9 | €1,724 | €1,914 | +€190 | +11.0% |
| Other amounts payable | 47/48 | €61,451 | €41,451 | -€20,000 | -32.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,237 | €37,866 | +€629 | +1.7% |
| Other operating charges | 640/8 | €7,475 | €8,017 | +€542 | +7.3% |
| Gross operating margin | 9900 | €116,176 | €153,199 | +€37,022 | +31.9% |
| Operating profit (loss) | 9901 | €71,465 | €107,315 | +€35,850 | +50.2% |
| Financial income | 75/76B | €3,241 | €3,546 | +€305 | +9.4% |
| Recurring financial income | 75 | €3,241 | €3,546 | +€305 | +9.4% |
| Financial charges | 65/66B | €9,724 | €15,253 | +€5,530 | +56.9% |
| Recurring financial charges | 65 | €9,724 | €15,253 | +€5,530 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €64,983 | €95,608 | +€30,625 | +47.1% |
| Income taxes | 67/77 | €18,830 | €26,110 | +€7,280 | +38.7% |
| Profit (loss) for the period | 9904 | €46,153 | €69,498 | +€23,346 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,153 | €69,498 | +€23,346 | +50.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.