ddhdd: 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.
ddhdd
Largest movements
- Cash -€63,751
down €63,751 (-86.5%), from €73,693 to €9,941
mainly Net result for the year (-€62,525) and Debts after one year (-€17,229)
- Tangible fixed assets -€27,330
down €27,330 (-24.5%), from €111,677 to €84,347
- Receivables within one year +€10,594
up €10,594 (+54.1%), from €19,585 to €30,179
of which Trade receivables: +€11,536
- Profit (loss) carried forward -€62,525
down €62,525, from €31,261 to -€31,263
- Debts after one year -€17,229
down €17,229 (-27.5%), from €62,657 to €45,428
- Other debts +€6,083
up €6,083 (+35.9%), from €16,920 to €23,003
- Tax, wage and social debts -€5,262
down €5,262 (-26.0%), from €20,271 to €15,009
- Gross operating margin -€93,927
down €93,927, from €64,359 to -€29,569
- Depreciation +€13,578
up €13,578 (+98.7%), from €13,752 to €27,330
- Taxes -€12,637
down €12,637 (-87.9%), from €14,378 to €1,741
- Financial charges +€1,888
up €1,888 (+220.1%), from €858 to €2,745
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 | €212,359 | €131,017 | -€81,342 | -38.3% |
| Fixed assets | 21/28 | €113,897 | €86,567 | -€27,330 | -24.0% |
| Tangible fixed assets | 22/27 | €111,677 | €84,347 | -€27,330 | -24.5% |
| Furniture and vehicles | 24 | €111,677 | €84,347 | -€27,330 | -24.5% |
| Financial fixed assets | 28 | €2,220 | €2,220 | = | 0.0% |
| Current assets | 29/58 | €98,461 | €44,449 | -€54,012 | -54.9% |
| Amounts receivable within one year | 40/41 | €19,585 | €30,179 | +€10,594 | +54.1% |
| Trade receivables | 40 | €18,411 | €29,948 | +€11,536 | +62.7% |
| Other amounts receivable | 41 | €1,174 | €232 | -€942 | -80.3% |
| Cash at bank and in hand | 54/58 | €73,693 | €9,941 | -€63,751 | -86.5% |
| Deferred charges and accrued income | 490/1 | €5,183 | €4,329 | -€854 | -16.5% |
| Total equity and liabilities | 10/49 | €212,359 | €131,017 | -€81,342 | -38.3% |
| Equity | 10/15 | €90,146 | €27,622 | -€62,525 | -69.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,685 | €52,685 | = | 0.0% |
| Distributable reserves | 133 | €52,685 | €52,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,261 | -€31,263 | -€62,525 | |
| Amounts payable | 17/49 | €122,212 | €103,395 | -€18,817 | -15.4% |
| Amounts payable after more than one year | 17 | €62,657 | €45,428 | -€17,229 | -27.5% |
| Financial debts | 170/4 | €62,657 | €45,428 | -€17,229 | -27.5% |
| Amounts payable within one year | 42/48 | €59,555 | €57,967 | -€1,588 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €17,578 | €17,229 | -€349 | -2.0% |
| Trade debts | 44 | €4,786 | €2,726 | -€2,060 | -43.0% |
| Suppliers | 440/4 | €4,786 | €2,726 | -€2,060 | -43.0% |
| Taxes, remuneration and social security | 45 | €20,271 | €15,009 | -€5,262 | -26.0% |
| Taxes | 450/3 | €20,271 | €15,009 | -€5,262 | -26.0% |
| Other amounts payable | 47/48 | €16,920 | €23,003 | +€6,083 | +35.9% |
| Non-recurring operating income | 76A | €8,893 | - | -€8,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,752 | €27,330 | +€13,578 | +98.7% |
| Other operating charges | 640/8 | €719 | €1,144 | +€426 | +59.3% |
| Gross operating margin | 9900 | €64,359 | -€29,569 | -€93,927 | |
| Operating profit (loss) | 9901 | €49,889 | -€58,043 | -€107,932 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €858 | €2,745 | +€1,888 | +220.1% |
| Recurring financial charges | 65 | €858 | €2,745 | +€1,888 | +220.1% |
| Profit (loss) for the period before taxes | 9903 | €49,031 | -€60,783 | -€109,814 | |
| Income taxes | 67/77 | €14,378 | €1,741 | -€12,637 | -87.9% |
| Profit (loss) for the period | 9904 | €34,653 | -€62,525 | -€97,177 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,653 | -€62,525 | -€97,177 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.