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DDmc2: 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

DDmc2

BE 0754.544.984
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€162,296
2024 · €216,128-€53,832
Equity
€809,219
2024 · €860,313-€51,094
Cash
€933,734
2024 · €88,645+€845,089
Balance sheet total
€1.0m
2024 · €982,048+€32,665

Largest movements

2024 to 2025
Assets
  • Cash +€845,089

    up €845,089 (+953.3%), from €88,645 to €933,734

    mainly Current investments (+€800,000) and Other debts (+€166,288)

  • Current investments -€800,000

    no longer reported in 2025 (was €800,000)

  • Receivables within one year +€26,005

    up €26,005 (+1571.7%), from €1,655 to €27,659

    of which Trade receivables: +€26,005

  • Tangible fixed assets -€19,621

    down €19,621 (-28.1%), from €69,945 to €50,325

    of which Furniture and vehicles: -€18,905

  • Deferred charges and accrued income -€18,808

    down €18,808 (-86.3%), from €21,803 to €2,995

Equity and liabilities
  • Other debts +€166,288

    up €166,288 (+2351.8%), from €7,071 to €173,358

  • Tax, wage and social debts -€82,592

    down €82,592 (-72.1%), from €114,624 to €32,032

  • Reserves -€51,094

    down €51,094 (-6.0%), from €858,313 to €807,219

Income statement
  • Turnover +€319,033

    new in 2025: €319,033

  • Financial charges -€155,800

    down €155,800 (-99.4%), from €156,668 to €868

  • Financial income -€152,545

    down €152,545 (-85.9%), from €177,545 to €25,000

  • Gross operating margin -€111,712

    down €111,712 (-34.9%), from €319,683 to €207,971

  • Purchases and services +€111,062

    new in 2025: €111,062

From the 2024 result to the 2025 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 2024 €216,128
Gross operating margin -€111,712
Staff costs +€9,817
Depreciation -€383
Other operating charges -€113
Financial income -€152,545
Financial charges +€155,800
Taxes +€45,304
Result 2025 €162,296

Cash bridge derived

cash 2024 to 2025

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.

From operations +€258,479
Investment +€800,000
Financing -€213,390
Cash 2024 €88,645
Net result for the year +€162,296
Depreciation +€19,621
Receivables within one year -€26,005
Deferred charges and accrued income +€18,808
Trade debts +€63
Tax, wage and social debts -€82,592
Other debts +€166,288
Current investments +€800,000
Contributions, distributions and other -€213,390
Cash 2025 €933,734
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €982,048 €1,014,713 +€32,665 +3.3%
Fixed assets 21/28 €69,945 €50,325 -€19,621 -28.1%
Tangible fixed assets 22/27 €69,945 €50,325 -€19,621 -28.1%
Plant, machinery and equipment 23 €1,128 €412 -€716 -63.5%
Furniture and vehicles 24 €68,818 €49,913 -€18,905 -27.5%
Current assets 29/58 €912,103 €964,389 +€52,286 +5.7%
Amounts receivable within one year 40/41 €1,655 €27,659 +€26,005 +1571.7%
Trade receivables 40 - €26,005 +€26,005
Other amounts receivable 41 €1,655 €1,655 = 0.0%
Current investments 50/53 €800,000 - -€800,000
Cash at bank and in hand 54/58 €88,645 €933,734 +€845,089 +953.3%
Deferred charges and accrued income 490/1 €21,803 €2,995 -€18,808 -86.3%
Total equity and liabilities 10/49 €982,048 €1,014,713 +€32,665 +3.3%
Equity 10/15 €860,313 €809,219 -€51,094 -5.9%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €858,313 €807,219 -€51,094 -6.0%
Distributable reserves 133 €858,313 €807,219 -€51,094 -6.0%
Amounts payable 17/49 €121,735 €205,494 +€83,759 +68.8%
Amounts payable within one year 42/48 €121,735 €205,494 +€83,759 +68.8%
Trade debts 44 €41 €104 +€63 +152.1%
Suppliers 440/4 €41 €104 +€63 +152.1%
Taxes, remuneration and social security 45 €114,624 €32,032 -€82,592 -72.1%
Taxes 450/3 €114,624 €32,032 -€82,592 -72.1%
Other amounts payable 47/48 €7,071 €173,358 +€166,288 +2351.8%
Turnover 70 - €319,033 +€319,033
Goods, raw materials, services and sundry goods 60/61 - €111,062 +€111,062
Remuneration, social security and pensions 62 €9,817 - -€9,817
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €19,237 €19,621 +€383 +2.0%
Other operating charges 640/8 €728 €841 +€113 +15.5%
Gross operating margin 9900 €319,683 €207,971 -€111,712 -34.9%
Operating profit (loss) 9901 €289,901 €187,509 -€102,392 -35.3%
Financial income 75/76B €177,545 €25,000 -€152,545 -85.9%
Recurring financial income 75 €177,545 €25,000 -€152,545 -85.9%
Financial charges 65/66B €156,668 €868 -€155,800 -99.4%
Recurring financial charges 65 €156,668 €868 -€155,800 -99.4%
Profit (loss) for the period before taxes 9903 €310,777 €211,641 -€99,136 -31.9%
Income taxes 67/77 €94,649 €49,345 -€45,304 -47.9%
Profit (loss) for the period 9904 €216,128 €162,296 -€53,832 -24.9%
Profit (loss) for the period to be appropriated 9905 €216,128 €162,296 -€53,832 -24.9%

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 28 September 2026 via checked.be.