DDM: 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.
DDM
Largest movements
- Receivables within one year -€99,544
down €99,544 (-39.8%), from €250,000 to €150,456
- Reserves -€77,100
down €77,100 (-9.2%), from €841,870 to €764,770
of which Distributable reserves: -€77,100
- Profit (loss) carried forward -€39,885
down €39,885 (-180.7%), from -€22,078 to -€61,963
- Financial charges +€21,751
up €21,751 (+11124.6%), from €196 to €21,946
- Financial income +€7,746
new in 2025: €7,746
- Gross operating margin -€993
down €993 (-15.4%), from -€6,449 to -€7,442
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 | €1,650,709 | €1,544,225 | -€106,484 | -6.5% |
| Fixed assets | 21/28 | €1,229,270 | €1,214,609 | -€14,660 | -1.2% |
| Tangible fixed assets | 22/27 | €210,456 | €195,796 | -€14,660 | -7.0% |
| Land and buildings | 22 | €210,456 | €195,796 | -€14,660 | -7.0% |
| Financial fixed assets | 28 | €1,018,814 | €1,018,814 | = | 0.0% |
| Current assets | 29/58 | €421,440 | €329,616 | -€91,824 | -21.8% |
| Amounts receivable within one year | 40/41 | €250,000 | €150,456 | -€99,544 | -39.8% |
| Other amounts receivable | 41 | €250,000 | €150,456 | -€99,544 | -39.8% |
| Cash at bank and in hand | 54/58 | €171,440 | €179,121 | +€7,681 | +4.5% |
| Deferred charges and accrued income | 490/1 | - | €39 | +€39 | |
| Total equity and liabilities | 10/49 | €1,650,709 | €1,544,225 | -€106,484 | -6.5% |
| Equity | 10/15 | €1,334,792 | €1,217,807 | -€116,985 | -8.8% |
| Contributions | 10/11 | €515,000 | €515,000 | = | 0.0% |
| Capital | 10 | €515,000 | €515,000 | = | 0.0% |
| Issued capital | 100 | €515,000 | €515,000 | = | 0.0% |
| Reserves | 13 | €841,870 | €764,770 | -€77,100 | -9.2% |
| Non-distributable reserves | 130/1 | €51,500 | €51,500 | = | 0.0% |
| Legal reserve | 130 | €51,500 | €51,500 | = | 0.0% |
| Distributable reserves | 133 | €790,370 | €713,270 | -€77,100 | -9.8% |
| Profit (loss) carried forward | 14 | -€22,078 | -€61,963 | -€39,885 | -180.7% |
| Amounts payable | 17/49 | €315,918 | €326,419 | +€10,501 | +3.3% |
| Amounts payable within one year | 42/48 | €313,163 | €323,627 | +€10,464 | +3.3% |
| Taxes, remuneration and social security | 45 | - | €6,517 | +€6,517 | |
| Taxes | 450/3 | - | €6,517 | +€6,517 | |
| Other amounts payable | 47/48 | €313,163 | €317,110 | +€3,947 | +1.3% |
| Accrued charges and deferred income | 492/3 | €2,755 | €2,791 | +€37 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,239 | €15,302 | +€64 | +0.4% |
| Other operating charges | 640/8 | €2,995 | €2,940 | -€55 | -1.8% |
| Gross operating margin | 9900 | -€6,449 | -€7,442 | -€993 | -15.4% |
| Operating profit (loss) | 9901 | -€24,683 | -€25,685 | -€1,002 | -4.1% |
| Financial income | 75/76B | - | €7,746 | +€7,746 | |
| Recurring financial income | 75 | - | €7,746 | +€7,746 | |
| Financial charges | 65/66B | €196 | €21,946 | +€21,751 | +11124.6% |
| Recurring financial charges | 65 | €196 | €21,946 | +€21,751 | +11124.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,878 | -€39,885 | -€15,007 | -60.3% |
| Profit (loss) for the period | 9904 | -€24,878 | -€39,885 | -€15,007 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,878 | -€39,885 | -€15,007 | -60.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.