DDL Belgium: 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.
DDL Belgium
Largest movements
- Cash +€16,854
up €16,854 (+90.4%), from €18,653 to €35,508
mainly Net result for the year (+€21,049) and Depreciation (+€14,031)
- Tangible fixed assets +€12,123
up €12,123 (+25.5%), from €47,498 to €59,621
of which Leasing and similar rights: +€22,665
- Stocks and contracts +€1,786
up €1,786 (+47.7%), from €3,744 to €5,530
- Reserves +€21,000
up €21,000 (+156%), from €13,500 to €34,500
- Debts after one year +€10,256
new in 2025: €10,256
- Other debts -€9,992
down €9,992 (-17.7%), from €56,302 to €46,310
- Tax, wage and social debts +€4,936
up €4,936 (+233%), from €2,118 to €7,054
- Current portion of long-term debt +€4,854
new in 2025: €4,854
- Gross operating margin +€17,824
up €17,824 (+71.8%), from €24,817 to €42,641
- Taxes +€6,791
up €6,791 (+1,516%), from €448 to €7,239
- Depreciation +€3,940
up €3,940 (+39.0%), from €10,091 to €14,031
- Financial income +€1,156
up €1,156 (+5,793%), from €20 to €1,176
- Financial charges +€648
up €648 (+355%), from €182 to €830
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 | €79,474 | €110,109 | +€30,635 | +38.5% |
| Fixed assets | 21/28 | €47,498 | €59,621 | +€12,123 | +25.5% |
| Tangible fixed assets | 22/27 | €47,498 | €59,621 | +€12,123 | +25.5% |
| Plant, machinery and equipment | 23 | €18,888 | €14,790 | -€4,098 | -21.7% |
| Furniture and vehicles | 24 | €1,599 | - | -€1,599 | |
| Leasing and similar rights | 25 | - | €22,665 | +€22,665 | |
| Other tangible fixed assets | 26 | €27,011 | €22,166 | -€4,845 | -17.9% |
| Current assets | 29/58 | €31,976 | €50,488 | +€18,512 | +57.9% |
| Stocks and contracts in progress | 3 | €3,744 | €5,530 | +€1,786 | +47.7% |
| Stocks | 30/36 | €3,744 | €5,530 | +€1,786 | +47.7% |
| Amounts receivable within one year | 40/41 | €8,500 | €8,343 | -€157 | -1.8% |
| Trade receivables | 40 | €8,500 | €8,343 | -€157 | -1.8% |
| Cash at bank and in hand | 54/58 | €18,653 | €35,508 | +€16,854 | +90.4% |
| Deferred charges and accrued income | 490/1 | €1,079 | €1,108 | +€29 | +2.7% |
| Total equity and liabilities | 10/49 | €79,474 | €110,109 | +€30,635 | +38.5% |
| Equity | 10/15 | €20,100 | €41,149 | +€21,049 | +105% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,500 | €34,500 | +€21,000 | +156% |
| Distributable reserves | 133 | €13,500 | €34,500 | +€21,000 | +156% |
| Profit (loss) carried forward | 14 | €400 | €449 | +€49 | +12.3% |
| Amounts payable | 17/49 | €59,374 | €68,960 | +€9,585 | +16.1% |
| Amounts payable after more than one year | 17 | - | €10,256 | +€10,256 | |
| Financial debts | 170/4 | - | €10,256 | +€10,256 | |
| Amounts payable within one year | 42/48 | €59,374 | €58,704 | -€671 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | - | €4,854 | +€4,854 | |
| Trade debts | 44 | €954 | €486 | -€468 | -49.1% |
| Suppliers | 440/4 | €954 | €486 | -€468 | -49.1% |
| Taxes, remuneration and social security | 45 | €2,118 | €7,054 | +€4,936 | +233% |
| Taxes | 450/3 | €2,118 | €7,054 | +€4,936 | +233% |
| Other amounts payable | 47/48 | €56,302 | €46,310 | -€9,992 | -17.7% |
| Non-recurring operating income | 76A | - | €2,533 | +€2,533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,091 | €14,031 | +€3,940 | +39.0% |
| Other operating charges | 640/8 | €738 | €668 | -€70 | -9.5% |
| Gross operating margin | 9900 | €24,817 | €42,641 | +€17,824 | +71.8% |
| Operating profit (loss) | 9901 | €13,989 | €27,943 | +€13,954 | +99.8% |
| Financial income | 75/76B | €20 | €1,176 | +€1,156 | +5,793% |
| Recurring financial income | 75 | €20 | €1,176 | +€1,156 | +5,793% |
| Financial charges | 65/66B | €182 | €830 | +€648 | +355% |
| Recurring financial charges | 65 | €182 | €830 | +€648 | +355% |
| Profit (loss) for the period before taxes | 9903 | €13,826 | €28,288 | +€14,462 | +105% |
| Income taxes | 67/77 | €448 | €7,239 | +€6,791 | +1,516% |
| Profit (loss) for the period | 9904 | €13,378 | €21,049 | +€7,671 | +57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,378 | €21,049 | +€7,671 | +57.3% |
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 25 October 2026 via checked.be.