Skip to content

DDKM: 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.

What changed

DDKM

BE 0446.827.431
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€128,061
2023 · -€36,758+€164,820
Equity
€446,241
2023 · €318,180+€128,061
Cash
€221,520
2023 · €300+€221,220
Balance sheet total
€831,345
2023 · €973,706-€142,362

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€363,601

    down €363,601 (-37.4%), from €970,949 to €607,349

  • Cash +€221,220

    up €221,220 (+73782.0%), from €300 to €221,520

    mainly Investment in fixed assets (net) (+€356,858) and Net result for the year (+€128,061)

Equity and liabilities
  • Debts after one year -€176,174

    down €176,174 (-32.8%), from €537,718 to €361,544

  • Profit (loss) carried forward +€126,473

    up €126,473, from -€112,173 to €14,299

  • Short-term financial debts -€102,667

    no longer reported in 2024 (was €102,667)

  • Trade debts +€10,154

    up €10,154 (+75.7%), from €13,406 to €23,560

Income statement
  • Gross operating margin +€161,741

    up €161,741, from -€3,721 to €158,019

  • Depreciation -€12,393

    down €12,393 (-64.8%), from €19,135 to €6,742

  • Other operating charges +€9,734

    up €9,734 (+168.1%), from €5,792 to €15,526

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€36,758
Gross operating margin +€161,741
Depreciation +€12,393
Other operating charges -€9,734
Financial charges +€420
Result 2024 €128,061

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€143,203
Investment +€356,858
Financing -€278,841
Cash 2023 €300
Net result for the year +€128,061
Depreciation +€6,742
Smaller working-capital items -€19
Trade debts +€10,154
Accrued charges and deferred income -€1,736
Investment in fixed assets (net) +€356,858
Debts after one year -€176,174
Short-term financial debts -€102,667
Cash 2024 €221,520
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €973,706 €831,345 -€142,362 -14.6%
Fixed assets 21/28 €970,949 €607,349 -€363,601 -37.4%
Tangible fixed assets 22/27 €970,949 €607,349 -€363,601 -37.4%
Land and buildings 22 €970,949 €607,349 -€363,601 -37.4%
Current assets 29/58 €2,757 €223,996 +€221,239 +8024.5%
Amounts receivable within one year 40/41 €90 - -€90
Other amounts receivable 41 €90 - -€90
Cash at bank and in hand 54/58 €300 €221,520 +€221,220 +73782.0%
Deferred charges and accrued income 490/1 €2,367 €2,476 +€109 +4.6%
Total equity and liabilities 10/49 €973,706 €831,345 -€142,362 -14.6%
Equity 10/15 €318,180 €446,241 +€128,061 +40.2%
Contributions 10/11 €400,000 €400,000 = 0.0%
Capital 10 €400,000 €400,000 = 0.0%
Issued capital 100 €400,000 €400,000 = 0.0%
Reserves 13 €30,353 €31,942 +€1,589 +5.2%
Non-distributable reserves 130/1 €30,353 €31,942 +€1,589 +5.2%
Legal reserve 130 €30,353 €31,942 +€1,589 +5.2%
Profit (loss) carried forward 14 -€112,173 €14,299 +€126,473
Amounts payable 17/49 €655,527 €385,104 -€270,423 -41.3%
Amounts payable after more than one year 17 €537,718 €361,544 -€176,174 -32.8%
Other amounts payable 178/9 €537,718 €361,544 -€176,174 -32.8%
Amounts payable within one year 42/48 €116,073 €23,560 -€92,513 -79.7%
Financial debts 43 €102,667 - -€102,667
Credit institutions 430/8 €102,667 - -€102,667
Trade debts 44 €13,406 €23,560 +€10,154 +75.7%
Suppliers 440/4 €13,406 €23,560 +€10,154 +75.7%
Accrued charges and deferred income 492/3 €1,736 - -€1,736
Non-recurring operating income 76A - €190,979 +€190,979
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €19,135 €6,742 -€12,393 -64.8%
Other operating charges 640/8 €5,792 €15,526 +€9,734 +168.1%
Gross operating margin 9900 -€3,721 €158,019 +€161,741
Operating profit (loss) 9901 -€28,649 €135,751 +€164,400
Financial charges 65/66B €8,110 €7,690 -€420 -5.2%
Recurring financial charges 65 €8,110 €7,690 -€420 -5.2%
Profit (loss) for the period before taxes 9903 -€36,758 €128,061 +€164,820
Profit (loss) for the period 9904 -€36,758 €128,061 +€164,820
Profit (loss) for the period to be appropriated 9905 -€36,758 €128,061 +€164,820

Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.