DDP: 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.
DDP
Largest movements
- Receivables within one year -€86,215
down €86,215 (-35.6%), from €241,867 to €155,652
of which Trade receivables: -€85,595
- Tangible fixed assets -€37,183
down €37,183 (-19.1%), from €194,314 to €157,131
- Stocks and contracts +€24,824
up €24,824 (+24.5%), from €101,350 to €126,174
- Cash +€13,776
up €13,776 (+29.1%), from €47,352 to €61,128
mainly Receivables within one year (+€86,215) and Net result for the year (+€73,101)
- Trade debts -€100,260
down €100,260 (-45.0%), from €222,615 to €122,355
- Other debts +€66,177
up €66,177 (+1372.1%), from €4,823 to €71,000
- Debts after one year -€52,311
down €52,311 (-31.9%), from €164,179 to €111,868
- Gross operating margin +€108,038
up €108,038 (+28.5%), from €379,216 to €487,254
- Staff costs +€31,750
up €31,750 (+10.1%), from €314,185 to €345,935
- Financial charges -€11,184
down €11,184 (-44.5%), from €25,128 to €13,944
- Depreciation +€5,454
up €5,454 (+13.2%), from €41,220 to €46,674
- Taxes +€5,280
up €5,280 (+1754.2%), from €301 to €5,581
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €591,789 | €512,805 | -€78,984 | -13.3% |
| Fixed assets | 21/28 | €194,314 | €157,131 | -€37,183 | -19.1% |
| Tangible fixed assets | 22/27 | €194,314 | €157,131 | -€37,183 | -19.1% |
| Plant, machinery and equipment | 23 | €54,626 | €46,087 | -€8,539 | -15.6% |
| Furniture and vehicles | 24 | €66,921 | €48,531 | -€18,390 | -27.5% |
| Leasing and similar rights | 25 | €5,654 | €3,507 | -€2,147 | -38.0% |
| Other tangible fixed assets | 26 | €67,113 | €59,006 | -€8,107 | -12.1% |
| Current assets | 29/58 | €397,475 | €355,674 | -€41,801 | -10.5% |
| Stocks and contracts in progress | 3 | €101,350 | €126,174 | +€24,824 | +24.5% |
| Stocks | 30/36 | €101,350 | €126,174 | +€24,824 | +24.5% |
| Amounts receivable within one year | 40/41 | €241,867 | €155,652 | -€86,215 | -35.6% |
| Trade receivables | 40 | €155,910 | €70,315 | -€85,595 | -54.9% |
| Other amounts receivable | 41 | €85,957 | €85,337 | -€620 | -0.7% |
| Cash at bank and in hand | 54/58 | €47,352 | €61,128 | +€13,776 | +29.1% |
| Deferred charges and accrued income | 490/1 | €6,906 | €12,720 | +€5,814 | +84.2% |
| Total equity and liabilities | 10/49 | €591,789 | €512,805 | -€78,984 | -13.3% |
| Equity | 10/15 | €114,578 | €116,679 | +€2,101 | +1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,378 | €110,479 | +€2,101 | +1.9% |
| Distributable reserves | 133 | €108,378 | €110,479 | +€2,101 | +1.9% |
| Amounts payable | 17/49 | €477,211 | €396,126 | -€81,085 | -17.0% |
| Amounts payable after more than one year | 17 | €164,179 | €111,868 | -€52,311 | -31.9% |
| Financial debts | 170/4 | €164,179 | €111,868 | -€52,311 | -31.9% |
| Amounts payable within one year | 42/48 | €311,038 | €282,372 | -€28,666 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €52,811 | €58,668 | +€5,857 | +11.1% |
| Financial debts | 43 | - | €769 | +€769 | |
| Credit institutions | 430/8 | - | €769 | +€769 | |
| Trade debts | 44 | €222,615 | €122,355 | -€100,260 | -45.0% |
| Suppliers | 440/4 | €222,615 | €122,355 | -€100,260 | -45.0% |
| Taxes, remuneration and social security | 45 | €30,789 | €29,580 | -€1,209 | -3.9% |
| Taxes | 450/3 | €3,941 | €11,685 | +€7,744 | +196.5% |
| Remuneration and social security | 454/9 | €26,848 | €17,895 | -€8,953 | -33.3% |
| Other amounts payable | 47/48 | €4,823 | €71,000 | +€66,177 | +1372.1% |
| Accrued charges and deferred income | 492/3 | €1,994 | €1,886 | -€108 | -5.4% |
| Remuneration, social security and pensions | 62 | €314,185 | €345,935 | +€31,750 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,220 | €46,674 | +€5,454 | +13.2% |
| Other operating charges | 640/8 | €2,005 | €2,019 | +€14 | +0.7% |
| Gross operating margin | 9900 | €379,216 | €487,254 | +€108,038 | +28.5% |
| Operating profit (loss) | 9901 | €21,806 | €92,626 | +€70,820 | +324.8% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €25,128 | €13,944 | -€11,184 | -44.5% |
| Recurring financial charges | 65 | €25,128 | €13,944 | -€11,184 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,312 | €78,682 | +€81,994 | |
| Income taxes | 67/77 | €301 | €5,581 | +€5,280 | +1754.2% |
| Profit (loss) for the period | 9904 | -€3,613 | €73,101 | +€76,714 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,613 | €73,101 | +€76,714 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.