DDP MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€208,578
down €208,578 (-15.8%), from €1.3m to €1.1m
of which Other amounts receivable: -€226,864
- Tangible fixed assets -€22,638
down €22,638 (-34.5%), from €65,634 to €42,996
of which Furniture and vehicles: -€19,651
- Profit (loss) carried forward -€56,509
down €56,509 (-24.7%), from -€228,349 to -€284,858
- Other debts -€52,672
down €52,672 (-4.9%), from €1.1m to €1.0m
- Trade debts -€47,658
down €47,658 (-52.1%), from €91,518 to €43,860
- Short-term financial debts -€39,216
down €39,216 (-100.0%), from €39,216 to €0
- Debts after one year -€17,709
down €17,709 (-47.0%), from €37,645 to €19,936
- Gross operating margin +€40,941
up €40,941 (+75.3%), from -€54,401 to -€13,460
- Financial charges -€6,726
down €6,726 (-15.8%), from €42,648 to €35,923
- Other operating charges -€2,669
down €2,669 (-26.8%), from €9,970 to €7,300
- Financial income -€2,519
down €2,519 (-9.5%), from €26,533 to €24,014
- Depreciation -€843
down €843 (-3.6%), from €23,481 to €22,638
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 | €1,396,096 | €1,168,917 | -€227,180 | -16.3% |
| Fixed assets | 21/28 | €65,634 | €42,996 | -€22,638 | -34.5% |
| Tangible fixed assets | 22/27 | €65,634 | €42,996 | -€22,638 | -34.5% |
| Plant, machinery and equipment | 23 | €3,340 | €352 | -€2,987 | -89.4% |
| Furniture and vehicles | 24 | €59,445 | €39,794 | -€19,651 | -33.1% |
| Other tangible fixed assets | 26 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €1,330,462 | €1,125,920 | -€204,542 | -15.4% |
| Amounts receivable within one year | 40/41 | €1,321,244 | €1,112,666 | -€208,578 | -15.8% |
| Trade receivables | 40 | €4,091 | €22,378 | +€18,286 | +446.9% |
| Other amounts receivable | 41 | €1,317,153 | €1,090,289 | -€226,864 | -17.2% |
| Cash at bank and in hand | 54/58 | - | €1,528 | +€1,528 | |
| Deferred charges and accrued income | 490/1 | €9,218 | €11,726 | +€2,508 | +27.2% |
| Total equity and liabilities | 10/49 | €1,396,096 | €1,168,917 | -€227,180 | -16.3% |
| Equity | 10/15 | €110,234 | €53,724 | -€56,509 | -51.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €320,032 | €320,032 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €318,177 | €318,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€228,349 | -€284,858 | -€56,509 | -24.7% |
| Amounts payable | 17/49 | €1,285,863 | €1,115,192 | -€170,670 | -13.3% |
| Amounts payable after more than one year | 17 | €37,645 | €19,936 | -€17,709 | -47.0% |
| Financial debts | 170/4 | €37,645 | €19,936 | -€17,709 | -47.0% |
| Amounts payable within one year | 42/48 | €1,247,353 | €1,094,479 | -€152,873 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €27,384 | €17,709 | -€9,675 | -35.3% |
| Financial debts | 43 | €39,216 | €0 | -€39,216 | -100.0% |
| Credit institutions | 430/8 | €39,216 | €0 | -€39,216 | -100.0% |
| Trade debts | 44 | €91,518 | €43,860 | -€47,658 | -52.1% |
| Suppliers | 440/4 | €91,518 | €43,860 | -€47,658 | -52.1% |
| Taxes, remuneration and social security | 45 | €7,231 | €3,579 | -€3,652 | -50.5% |
| Taxes | 450/3 | €7,231 | €3,579 | -€3,652 | -50.5% |
| Other amounts payable | 47/48 | €1,082,003 | €1,029,331 | -€52,672 | -4.9% |
| Accrued charges and deferred income | 492/3 | €865 | €777 | -€88 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,481 | €22,638 | -€843 | -3.6% |
| Other operating charges | 640/8 | €9,970 | €7,300 | -€2,669 | -26.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€54,401 | -€13,460 | +€40,941 | +75.3% |
| Operating profit (loss) | 9901 | -€87,851 | -€43,398 | +€44,453 | +50.6% |
| Financial income | 75/76B | €26,533 | €24,014 | -€2,519 | -9.5% |
| Recurring financial income | 75 | €26,533 | €24,014 | -€2,519 | -9.5% |
| Financial charges | 65/66B | €42,648 | €35,923 | -€6,726 | -15.8% |
| Recurring financial charges | 65 | €42,648 | €35,923 | -€6,726 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€103,966 | -€55,306 | +€48,660 | +46.8% |
| Income taxes | 67/77 | €1,275 | €1,203 | -€73 | -5.7% |
| Profit (loss) for the period | 9904 | -€105,241 | -€56,509 | +€48,732 | +46.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,241 | -€56,509 | +€48,732 | +46.3% |
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 4 October 2026 via checked.be.