DDG VASTGOED: 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 VASTGOED
Largest movements
- Tangible fixed assets -€257,778
down €257,778 (-8.8%), from €2.9m to €2.7m
- Cash +€181,086
up €181,086 (+278%), from €65,093 to €246,178
mainly Depreciation (+€257,778) and Net result for the year (+€105,847)
- Debts after one year -€89,167
down €89,167 (-25.0%), from €356,667 to €267,500
- Other debts -€70,507
down €70,507 (-23.7%), from €297,368 to €226,861
- Reserves +€50,873
up €50,873 (+2.4%), from €2.2m to €2.2m
of which Distributable reserves: +€50,873
- Gross operating margin +€65,714
up €65,714 (+15.7%), from €417,908 to €483,622
- Depreciation -€40,363
down €40,363 (-13.5%), from €298,141 to €257,778
- Taxes +€33,799
up €33,799 (+215%), from €15,720 to €49,519
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 | €3,084,520 | €2,990,666 | -€93,853 | -3.0% |
| Fixed assets | 21/28 | €2,944,108 | €2,686,330 | -€257,778 | -8.8% |
| Tangible fixed assets | 22/27 | €2,943,029 | €2,685,251 | -€257,778 | -8.8% |
| Land and buildings | 22 | €2,943,029 | €2,685,251 | -€257,778 | -8.8% |
| Financial fixed assets | 28 | €1,079 | €1,079 | = | 0.0% |
| Current assets | 29/58 | €140,412 | €304,336 | +€163,925 | +117% |
| Amounts receivable after more than one year | 29 | €52,663 | €38,640 | -€14,023 | -26.6% |
| Other amounts receivable | 291 | €52,663 | €38,640 | -€14,023 | -26.6% |
| Amounts receivable within one year | 40/41 | €22,357 | €19,169 | -€3,188 | -14.3% |
| Trade receivables | 40 | €12,280 | €9,888 | -€2,392 | -19.5% |
| Other amounts receivable | 41 | €10,077 | €9,280 | -€796 | -7.9% |
| Cash at bank and in hand | 54/58 | €65,093 | €246,178 | +€181,086 | +278% |
| Deferred charges and accrued income | 490/1 | €299 | €350 | +€51 | +17.0% |
| Total equity and liabilities | 10/49 | €3,084,520 | €2,990,666 | -€93,853 | -3.0% |
| Equity | 10/15 | €2,286,798 | €2,335,682 | +€48,885 | +2.1% |
| Contributions | 10/11 | €117,805 | €117,805 | = | 0.0% |
| Reserves | 13 | €2,151,101 | €2,201,974 | +€50,873 | +2.4% |
| Non-distributable reserves | 130/1 | €11,781 | €11,781 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,781 | €11,781 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,265 | €15,265 | = | 0.0% |
| Distributable reserves | 133 | €2,124,055 | €2,174,928 | +€50,873 | +2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €17,891 | €15,903 | -€1,988 | -11.1% |
| Amounts payable | 17/49 | €797,722 | €654,984 | -€142,738 | -17.9% |
| Amounts payable after more than one year | 17 | €356,667 | €267,500 | -€89,167 | -25.0% |
| Financial debts | 170/4 | €356,667 | €267,500 | -€89,167 | -25.0% |
| Amounts payable within one year | 42/48 | €394,079 | €340,579 | -€53,499 | -13.6% |
| Current portion of amounts payable after more than one year | 42 | €89,167 | €89,167 | = | 0.0% |
| Trade debts | 44 | €2,075 | €3,865 | +€1,790 | +86.3% |
| Suppliers | 440/4 | €2,075 | €3,865 | +€1,790 | +86.3% |
| Taxes, remuneration and social security | 45 | €5,469 | €20,686 | +€15,218 | +278% |
| Taxes | 450/3 | €5,469 | €20,686 | +€15,218 | +278% |
| Other amounts payable | 47/48 | €297,368 | €226,861 | -€70,507 | -23.7% |
| Accrued charges and deferred income | 492/3 | €46,977 | €46,905 | -€72 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298,141 | €257,778 | -€40,363 | -13.5% |
| Other operating charges | 640/8 | €38,951 | €40,277 | +€1,326 | +3.4% |
| Gross operating margin | 9900 | €417,908 | €483,622 | +€65,714 | +15.7% |
| Operating profit (loss) | 9901 | €80,815 | €185,566 | +€104,751 | +130% |
| Financial income | 75/76B | €1,990 | €1,988 | -€2 | -0.1% |
| Recurring financial income | 75 | €1,990 | €1,988 | -€2 | -0.1% |
| Financial charges | 65/66B | €32,987 | €32,188 | -€799 | -2.4% |
| Recurring financial charges | 65 | €32,987 | €32,188 | -€799 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €49,818 | €155,366 | +€105,548 | +212% |
| Income taxes | 67/77 | €15,720 | €49,519 | +€33,799 | +215% |
| Profit (loss) for the period | 9904 | €34,099 | €105,847 | +€71,749 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €34,099 | €105,847 | +€71,749 | +210% |
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 29 October 2026 via checked.be.