DDS: 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.
DDS
Largest movements
- Cash -€60,919
down €60,919 (-24.0%), from €254,257 to €193,338
mainly Contributions, distributions and other (-€100,000) and Debts after one year (-€28,213)
- Tangible fixed assets -€60,747
down €60,747 (-5.0%), from €1.2m to €1.2m
- Receivables within one year +€21,486
up €21,486 (+46.2%), from €46,546 to €68,032
of which Trade receivables: +€27,742
- Reserves -€49,751
down €49,751 (-4.4%), from €1.1m to €1.1m
- Debts after one year -€28,213
down €28,213 (-8.9%), from €316,831 to €288,618
- Gross operating margin -€17,595
down €17,595 (-10.5%), from €168,255 to €150,660
- Taxes -€5,117
down €5,117 (-17.9%), from €28,602 to €23,485
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 | €1,514,858 | €1,414,942 | -€99,917 | -6.6% |
| Fixed assets | 21/28 | €1,211,473 | €1,150,726 | -€60,747 | -5.0% |
| Tangible fixed assets | 22/27 | €1,211,473 | €1,150,726 | -€60,747 | -5.0% |
| Land and buildings | 22 | €1,089,227 | €1,061,706 | -€27,521 | -2.5% |
| Plant, machinery and equipment | 23 | €49,514 | €34,972 | -€14,542 | -29.4% |
| Furniture and vehicles | 24 | €72,732 | €54,048 | -€18,684 | -25.7% |
| Current assets | 29/58 | €303,386 | €264,216 | -€39,170 | -12.9% |
| Amounts receivable within one year | 40/41 | €46,546 | €68,032 | +€21,486 | +46.2% |
| Trade receivables | 40 | €25,410 | €53,151 | +€27,742 | +109% |
| Other amounts receivable | 41 | €21,137 | €14,881 | -€6,256 | -29.6% |
| Cash at bank and in hand | 54/58 | €254,257 | €193,338 | -€60,919 | -24.0% |
| Deferred charges and accrued income | 490/1 | €2,582 | €2,846 | +€264 | +10.2% |
| Total equity and liabilities | 10/49 | €1,514,858 | €1,414,942 | -€99,917 | -6.6% |
| Equity | 10/15 | €1,142,580 | €1,092,829 | -€49,751 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,123,980 | €1,074,229 | -€49,751 | -4.4% |
| Distributable reserves | 133 | €1,123,980 | €1,074,229 | -€49,751 | -4.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €372,278 | €322,112 | -€50,166 | -13.5% |
| Amounts payable after more than one year | 17 | €316,831 | €288,618 | -€28,213 | -8.9% |
| Financial debts | 170/4 | €316,831 | €288,618 | -€28,213 | -8.9% |
| Amounts payable within one year | 42/48 | €55,403 | €33,474 | -€21,928 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €31,810 | €28,213 | -€3,596 | -11.3% |
| Trade debts | 44 | €13,744 | €1,421 | -€12,324 | -89.7% |
| Suppliers | 440/4 | €13,744 | €1,421 | -€12,324 | -89.7% |
| Taxes, remuneration and social security | 45 | €9,345 | €3,336 | -€6,008 | -64.3% |
| Taxes | 450/3 | €9,345 | €3,336 | -€6,008 | -64.3% |
| Other amounts payable | 47/48 | €504 | €504 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €44 | €20 | -€24 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,497 | €66,385 | +€888 | +1.4% |
| Other operating charges | 640/8 | €7,128 | €5,971 | -€1,157 | -16.2% |
| Gross operating margin | 9900 | €168,255 | €150,660 | -€17,595 | -10.5% |
| Operating profit (loss) | 9901 | €95,631 | €78,305 | -€17,326 | -18.1% |
| Financial income | 75/76B | €931 | €699 | -€232 | -25.0% |
| Recurring financial income | 75 | €931 | €699 | -€232 | -25.0% |
| Financial charges | 65/66B | €5,338 | €5,269 | -€68 | -1.3% |
| Recurring financial charges | 65 | €5,338 | €5,269 | -€68 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €91,224 | €73,734 | -€17,490 | -19.2% |
| Income taxes | 67/77 | €28,602 | €23,485 | -€5,117 | -17.9% |
| Profit (loss) for the period | 9904 | €62,622 | €50,249 | -€12,373 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,622 | €50,249 | -€12,373 | -19.8% |
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 20 October 2026 via checked.be.