DDN Projects: 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.
DDN Projects
Largest movements
- Cash +€16,937
up €16,937 (+474.0%), from €3,573 to €20,510
mainly Net result for the year (+€19,097) and Depreciation (+€3,261)
- Tangible fixed assets -€3,261
down €3,261 (-24.1%), from €13,524 to €10,263
- Deferred charges and accrued income +€486
up €486 (+56.6%), from €858 to €1,343
- Reserves +€18,264
up €18,264 (+320.9%), from €5,692 to €23,956
- Debts after one year -€4,105
down €4,105 (-69.9%), from €5,871 to €1,766
- Other debts -€752
down €752 (-47.4%), from €1,585 to €833
- Tax, wage and social debts +€590
up €590 (+12.8%), from €4,612 to €5,202
- Gross operating margin +€26,375
up €26,375 (+807.3%), from €3,267 to €29,642
- Taxes +€5,388
up €5,388 (+2046.3%), from €263 to €5,651
- Depreciation +€817
up €817 (+33.5%), from €2,444 to €3,261
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 | €27,466 | €41,439 | +€13,973 | +50.9% |
| Fixed assets | 21/28 | €13,524 | €10,263 | -€3,261 | -24.1% |
| Tangible fixed assets | 22/27 | €13,524 | €10,263 | -€3,261 | -24.1% |
| Furniture and vehicles | 24 | €13,524 | €10,263 | -€3,261 | -24.1% |
| Current assets | 29/58 | €13,942 | €31,176 | +€17,234 | +123.6% |
| Amounts receivable within one year | 40/41 | €9,512 | €9,322 | -€189 | -2.0% |
| Trade receivables | 40 | €9,512 | €8,327 | -€1,185 | -12.5% |
| Other amounts receivable | 41 | - | €996 | +€996 | |
| Cash at bank and in hand | 54/58 | €3,573 | €20,510 | +€16,937 | +474.0% |
| Deferred charges and accrued income | 490/1 | €858 | €1,343 | +€486 | +56.6% |
| Total equity and liabilities | 10/49 | €27,466 | €41,439 | +€13,973 | +50.9% |
| Equity | 10/15 | €10,692 | €28,956 | +€18,264 | +170.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,692 | €23,956 | +€18,264 | +320.9% |
| Distributable reserves | 133 | €5,692 | €23,956 | +€18,264 | +320.9% |
| Amounts payable | 17/49 | €16,774 | €12,483 | -€4,291 | -25.6% |
| Amounts payable after more than one year | 17 | €5,871 | €1,766 | -€4,105 | -69.9% |
| Financial debts | 170/4 | €5,871 | €1,766 | -€4,105 | -69.9% |
| Amounts payable within one year | 42/48 | €10,903 | €10,717 | -€186 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €3,922 | €4,105 | +€183 | +4.7% |
| Trade debts | 44 | €784 | €577 | -€207 | -26.4% |
| Suppliers | 440/4 | €784 | €577 | -€207 | -26.4% |
| Taxes, remuneration and social security | 45 | €4,612 | €5,202 | +€590 | +12.8% |
| Taxes | 450/3 | €4,612 | €5,202 | +€590 | +12.8% |
| Other amounts payable | 47/48 | €1,585 | €833 | -€752 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,444 | €3,261 | +€817 | +33.5% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €3,267 | €29,642 | +€26,375 | +807.3% |
| Operating profit (loss) | 9901 | €318 | €25,861 | +€25,543 | +8032.1% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,378 | €1,117 | -€261 | -18.9% |
| Recurring financial charges | 65 | €1,378 | €1,117 | -€261 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,060 | €24,748 | +€25,808 | |
| Income taxes | 67/77 | €263 | €5,651 | +€5,388 | +2046.3% |
| Profit (loss) for the period | 9904 | -€1,323 | €19,097 | +€20,420 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,323 | €19,097 | +€20,420 |
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 9 October 2026 via checked.be.