DDP4X4: 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.
DDP4X4
Largest movements
- Receivables within one year -€20,409
down €20,409 (-82.3%), from €24,807 to €4,398
of which Trade receivables: -€11,303
- Tangible fixed assets -€18,302
down €18,302 (-32.3%), from €56,688 to €38,387
of which Furniture and vehicles: -€9,933
- Stocks and contracts +€13,933
up €13,933 (+3.3%), from €421,072 to €435,005
- Profit (loss) carried forward -€12,510
down €12,510 (-276%), from -€4,531 to -€17,041
- Debts after one year -€9,626
down €9,626 (-57.6%), from €16,699 to €7,073
- Other debts -€8,066
down €8,066 (-2.3%), from €350,742 to €342,676
- Gross operating margin -€40,133
down €40,133 (-63.5%), from €63,230 to €23,097
- Taxes -€9,337
down €9,337, from €9,000 to -€337
- Other operating charges -€2,496
down €2,496 (-19.6%), from €12,703 to €10,207
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.
Derived cash bridge
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 | €514,896 | €487,111 | -€27,785 | -5.4% |
| Fixed assets | 21/28 | €56,688 | €38,387 | -€18,302 | -32.3% |
| Tangible fixed assets | 22/27 | €56,688 | €38,387 | -€18,302 | -32.3% |
| Land and buildings | 22 | €25,712 | €16,725 | -€8,987 | -35.0% |
| Plant, machinery and equipment | 23 | €4,264 | €4,882 | +€618 | +14.5% |
| Furniture and vehicles | 24 | €26,712 | €16,780 | -€9,933 | -37.2% |
| Current assets | 29/58 | €458,207 | €448,724 | -€9,483 | -2.1% |
| Stocks and contracts in progress | 3 | €421,072 | €435,005 | +€13,933 | +3.3% |
| Stocks | 30/36 | €421,072 | €435,005 | +€13,933 | +3.3% |
| Amounts receivable within one year | 40/41 | €24,807 | €4,398 | -€20,409 | -82.3% |
| Trade receivables | 40 | €15,701 | €4,398 | -€11,303 | -72.0% |
| Other amounts receivable | 41 | €9,106 | - | -€9,106 | |
| Cash at bank and in hand | 54/58 | €12,329 | €9,322 | -€3,007 | -24.4% |
| Total equity and liabilities | 10/49 | €514,896 | €487,111 | -€27,785 | -5.4% |
| Equity | 10/15 | €111,557 | €99,047 | -€12,510 | -11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,488 | €97,488 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,488 | €2,488 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,488 | €2,488 | = | 0.0% |
| Distributable reserves | 133 | €95,000 | €95,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,531 | -€17,041 | -€12,510 | -276% |
| Amounts payable | 17/49 | €403,339 | €388,064 | -€15,275 | -3.8% |
| Amounts payable after more than one year | 17 | €16,699 | €7,073 | -€9,626 | -57.6% |
| Financial debts | 170/4 | €16,699 | €7,073 | -€9,626 | -57.6% |
| Amounts payable within one year | 42/48 | €386,639 | €380,962 | -€5,677 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €9,178 | €9,626 | +€449 | +4.9% |
| Trade debts | 44 | €18,320 | €17,818 | -€502 | -2.7% |
| Suppliers | 440/4 | €18,320 | €17,818 | -€502 | -2.7% |
| Taxes, remuneration and social security | 45 | €8,400 | €10,842 | +€2,442 | +29.1% |
| Taxes | 450/3 | €8,400 | €10,842 | +€2,442 | +29.1% |
| Other amounts payable | 47/48 | €350,742 | €342,676 | -€8,066 | -2.3% |
| Accrued charges and deferred income | 492/3 | - | €29 | +€29 | |
| Non-recurring operating income | 76A | €8,713 | €3,595 | -€5,118 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,785 | €24,467 | -€318 | -1.3% |
| Other operating charges | 640/8 | €12,703 | €10,207 | -€2,496 | -19.6% |
| Non-recurring operating charges | 66A | €2 | €10 | +€8 | +386% |
| Gross operating margin | 9900 | €63,230 | €23,097 | -€40,133 | -63.5% |
| Operating profit (loss) | 9901 | €25,740 | -€11,587 | -€37,327 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,833 | €1,260 | -€573 | -31.2% |
| Recurring financial charges | 65 | €1,833 | €1,260 | -€573 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €23,907 | -€12,847 | -€36,754 | |
| Income taxes | 67/77 | €9,000 | -€337 | -€9,337 | |
| Profit (loss) for the period | 9904 | €14,907 | -€12,510 | -€27,417 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,907 | -€12,510 | -€27,417 |
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 26 October 2026 via checked.be.