DDM Construct: 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.
DDM Construct
Largest movements
- Receivables within one year +€109,785
up €109,785 (+321%), from €34,182 to €143,967
of which Other amounts receivable: +€92,284
- Cash -€78,986
down €78,986 (-24.8%), from €317,967 to €238,981
mainly Receivables within one year (-€109,785) and Other debts (-€75,211)
- Other debts -€75,211
no longer reported in 2025 (was €75,211)
- Profit (loss) carried forward +€74,882
up €74,882 (+38.9%), from €192,650 to €267,532
- Trade debts +€28,661
up €28,661 (+261%), from €10,996 to €39,657
- Gross operating margin -€51,841
down €51,841 (-32.3%), from €160,577 to €108,736
- Taxes -€10,047
down €10,047 (-24.9%), from €40,408 to €30,361
- Financial charges -€7,750
down €7,750 (-85.5%), from €9,060 to €1,310
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 | €358,494 | €385,901 | +€27,407 | +7.6% |
| Fixed assets | 21/28 | €1,569 | - | -€1,569 | |
| Tangible fixed assets | 22/27 | €1,569 | - | -€1,569 | |
| Plant, machinery and equipment | 23 | €402 | - | -€402 | |
| Furniture and vehicles | 24 | €1,167 | - | -€1,167 | |
| Current assets | 29/58 | €356,925 | €385,901 | +€28,976 | +8.1% |
| Amounts receivable within one year | 40/41 | €34,182 | €143,967 | +€109,785 | +321% |
| Trade receivables | 40 | €20,300 | €37,801 | +€17,501 | +86.2% |
| Other amounts receivable | 41 | €13,882 | €106,166 | +€92,284 | +665% |
| Cash at bank and in hand | 54/58 | €317,967 | €238,981 | -€78,986 | -24.8% |
| Deferred charges and accrued income | 490/1 | €4,776 | €2,953 | -€1,823 | -38.2% |
| Total equity and liabilities | 10/49 | €358,494 | €385,901 | +€27,407 | +7.6% |
| Equity | 10/15 | €200,593 | €275,475 | +€74,882 | +37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,743 | €1,743 | = | 0.0% |
| Distributable reserves | 133 | €1,743 | €1,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | €192,650 | €267,532 | +€74,882 | +38.9% |
| Amounts payable | 17/49 | €157,901 | €110,426 | -€47,475 | -30.1% |
| Amounts payable within one year | 42/48 | €157,901 | €110,426 | -€47,475 | -30.1% |
| Trade debts | 44 | €10,996 | €39,657 | +€28,661 | +261% |
| Suppliers | 440/4 | €10,996 | €39,657 | +€28,661 | +261% |
| Taxes, remuneration and social security | 45 | €71,694 | €70,769 | -€925 | -1.3% |
| Taxes | 450/3 | €71,694 | €70,769 | -€925 | -1.3% |
| Other amounts payable | 47/48 | €75,211 | - | -€75,211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,889 | €1,569 | -€1,320 | -45.7% |
| Other operating charges | 640/8 | €1,253 | €635 | -€618 | -49.3% |
| Gross operating margin | 9900 | €160,577 | €108,736 | -€51,841 | -32.3% |
| Operating profit (loss) | 9901 | €156,435 | €106,532 | -€49,903 | -31.9% |
| Financial income | 75/76B | €170 | €21 | -€149 | -87.6% |
| Recurring financial income | 75 | €170 | €21 | -€149 | -87.6% |
| Financial charges | 65/66B | €9,060 | €1,310 | -€7,750 | -85.5% |
| Recurring financial charges | 65 | €9,060 | €1,310 | -€7,750 | -85.5% |
| Profit (loss) for the period before taxes | 9903 | €147,545 | €105,243 | -€42,302 | -28.7% |
| Income taxes | 67/77 | €40,408 | €30,361 | -€10,047 | -24.9% |
| Profit (loss) for the period | 9904 | €107,137 | €74,882 | -€32,255 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €107,137 | €74,882 | -€32,255 | -30.1% |
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 13 October 2026 via checked.be.