DDV: 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.
DDV
Largest movements
- Tangible fixed assets +€73,077
new in 2025: €73,077
- Cash -€8,924
down €8,924 (-78.5%), from €11,374 to €2,450
mainly Investment in fixed assets (net) (-€75,690) and Accrued charges and deferred income (-€1,150)
- Trade debts +€19,588
up €19,588 (+88.5%), from €22,144 to €41,733
- Debts after one year +€19,050
up €19,050 (+10.9%), from €175,375 to €194,425
- Current portion of long-term debt +€12,849
up €12,849 (+37.2%), from €34,500 to €47,349
- Other debts +€10,345
new in 2025: €10,345
- Depreciation +€2,613
new in 2025: €2,613
- Taxes -€670
down €670 (-46.0%), from €1,458 to €788
- Financial charges +€661
up €661 (+3,260%), from €20 to €681
- Gross operating margin -€200
down €200 (-2.6%), from €7,738 to €7,538
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 | €269,567 | €332,041 | +€62,474 | +23.2% |
| Fixed assets | 21/28 | €248,011 | €321,088 | +€73,077 | +29.5% |
| Tangible fixed assets | 22/27 | - | €73,077 | +€73,077 | |
| Furniture and vehicles | 24 | - | €73,077 | +€73,077 | |
| Financial fixed assets | 28 | €248,011 | €248,011 | = | 0.0% |
| Current assets | 29/58 | €21,556 | €10,953 | -€10,603 | -49.2% |
| Amounts receivable within one year | 40/41 | €10,182 | €7,685 | -€2,497 | -24.5% |
| Trade receivables | 40 | €6,050 | €6,050 | = | 0.0% |
| Other amounts receivable | 41 | €4,132 | €1,635 | -€2,497 | -60.4% |
| Cash at bank and in hand | 54/58 | €11,374 | €2,450 | -€8,924 | -78.5% |
| Deferred charges and accrued income | 490/1 | - | €818 | +€818 | |
| Total equity and liabilities | 10/49 | €269,567 | €332,041 | +€62,474 | +23.2% |
| Equity | 10/15 | €31,822 | €34,174 | +€2,352 | +7.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €21,822 | €24,174 | +€2,352 | +10.8% |
| Distributable reserves | 133 | €21,822 | €24,174 | +€2,352 | +10.8% |
| Amounts payable | 17/49 | €237,745 | €297,867 | +€60,122 | +25.3% |
| Amounts payable after more than one year | 17 | €175,375 | €194,425 | +€19,050 | +10.9% |
| Financial debts | 170/4 | €175,375 | €194,425 | +€19,050 | +10.9% |
| Amounts payable within one year | 42/48 | €61,170 | €103,392 | +€42,222 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €34,500 | €47,349 | +€12,849 | +37.2% |
| Trade debts | 44 | €22,144 | €41,733 | +€19,588 | +88.5% |
| Suppliers | 440/4 | €22,144 | €41,733 | +€19,588 | +88.5% |
| Taxes, remuneration and social security | 45 | €4,526 | €3,966 | -€560 | -12.4% |
| Taxes | 450/3 | €2,476 | €1,916 | -€560 | -22.6% |
| Remuneration and social security | 454/9 | €2,050 | €2,050 | = | 0.0% |
| Other amounts payable | 47/48 | - | €10,345 | +€10,345 | |
| Accrued charges and deferred income | 492/3 | €1,200 | €50 | -€1,150 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,613 | +€2,613 | |
| Other operating charges | 640/8 | €1,029 | €1,104 | +€75 | +7.3% |
| Gross operating margin | 9900 | €7,738 | €7,538 | -€200 | -2.6% |
| Operating profit (loss) | 9901 | €6,708 | €3,821 | -€2,887 | -43.0% |
| Financial charges | 65/66B | €20 | €681 | +€661 | +3,260% |
| Recurring financial charges | 65 | €20 | €681 | +€661 | +3,260% |
| Profit (loss) for the period before taxes | 9903 | €6,688 | €3,140 | -€3,548 | -53.0% |
| Income taxes | 67/77 | €1,458 | €788 | -€670 | -46.0% |
| Profit (loss) for the period | 9904 | €5,230 | €2,352 | -€2,878 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,230 | €2,352 | -€2,878 | -55.0% |
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 14 October 2026 via checked.be.