DDN: 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.
DDN
Largest movements
- Current investments +€3.0m
new in 2025: €3.0m
- Cash -€1.8m
down €1.8m (-76.2%), from €2.4m to €562,409
mainly Current investments (-€3.0m) and Trade debts (-€364,416)
- Receivables within one year -€1.1m
down €1.1m (-56.8%), from €1.9m to €838,261
of which Trade receivables: -€1.4m
- Reserves +€429,301
up €429,301 (+20.7%), from €2.1m to €2.5m
- Trade debts -€364,416
down €364,416 (-96.7%), from €376,920 to €12,503
- Profit (loss) carried forward +€293,930
up €293,930 (+19.3%), from €1.5m to €1.8m
- Tax, wage and social debts -€267,483
down €267,483 (-78.3%), from €341,824 to €74,341
of which Taxes: -€278,441
- Gross operating margin -€825,781
down €825,781 (-46.3%), from €1.8m to €956,688
- Taxes -€200,699
down €200,699 (-39.6%), from €507,171 to €306,472
- Financial income +€69,241
up €69,241 (+620.8%), from €11,154 to €80,395
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 | €4,319,228 | €4,410,559 | +€91,332 | +2.1% |
| Fixed assets | 21/28 | €15,117 | €9,265 | -€5,852 | -38.7% |
| Tangible fixed assets | 22/27 | €15,117 | €9,265 | -€5,852 | -38.7% |
| Furniture and vehicles | 24 | €15,117 | €9,265 | -€5,852 | -38.7% |
| Current assets | 29/58 | €4,304,111 | €4,401,294 | +€97,183 | +2.3% |
| Amounts receivable within one year | 40/41 | €1,939,723 | €838,261 | -€1.1m | -56.8% |
| Trade receivables | 40 | €1,479,523 | €72,600 | -€1.4m | -95.1% |
| Other amounts receivable | 41 | €460,200 | €765,661 | +€305,461 | +66.4% |
| Current investments | 50/53 | - | €3,000,000 | +€3.0m | |
| Cash at bank and in hand | 54/58 | €2,363,793 | €562,409 | -€1.8m | -76.2% |
| Deferred charges and accrued income | 490/1 | €595 | €624 | +€29 | +4.9% |
| Total equity and liabilities | 10/49 | €4,319,228 | €4,410,559 | +€91,332 | +2.1% |
| Equity | 10/15 | €3,600,484 | €4,323,715 | +€723,231 | +20.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,070,484 | €2,499,785 | +€429,301 | +20.7% |
| Distributable reserves | 133 | €2,070,484 | €2,499,785 | +€429,301 | +20.7% |
| Profit (loss) carried forward | 14 | €1,525,000 | €1,818,930 | +€293,930 | +19.3% |
| Amounts payable | 17/49 | €718,744 | €86,844 | -€631,899 | -87.9% |
| Amounts payable within one year | 42/48 | €718,744 | €86,844 | -€631,899 | -87.9% |
| Trade debts | 44 | €376,920 | €12,503 | -€364,416 | -96.7% |
| Suppliers | 440/4 | €376,920 | €12,503 | -€364,416 | -96.7% |
| Taxes, remuneration and social security | 45 | €341,824 | €74,341 | -€267,483 | -78.3% |
| Taxes | 450/3 | €341,824 | €63,383 | -€278,441 | -81.5% |
| Remuneration and social security | 454/9 | - | €10,958 | +€10,958 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,852 | €5,852 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,136 | €1,392 | +€256 | +22.5% |
| Gross operating margin | 9900 | €1,782,469 | €956,688 | -€825,781 | -46.3% |
| Operating profit (loss) | 9901 | €1,775,481 | €949,444 | -€826,037 | -46.5% |
| Financial income | 75/76B | €11,154 | €80,395 | +€69,241 | +620.8% |
| Recurring financial income | 75 | €11,154 | €80,395 | +€69,241 | +620.8% |
| Financial charges | 65/66B | €141 | €137 | -€5 | -3.4% |
| Recurring financial charges | 65 | €141 | €137 | -€5 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €1,786,494 | €1,029,703 | -€756,792 | -42.4% |
| Income taxes | 67/77 | €507,171 | €306,472 | -€200,699 | -39.6% |
| Profit (loss) for the period | 9904 | €1,279,324 | €723,231 | -€556,093 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,279,324 | €723,231 | -€556,093 | -43.5% |
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.