DDW CONSULT: 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.
DDW CONSULT
Largest movements
- Current investments -€159,239
down €159,239 (-79.5%), from €200,334 to €41,095
- Cash -€12,667
down €12,667 (-35.8%), from €35,361 to €22,694
mainly Contributions, distributions and other (-€339,468)
- Receivables within one year -€3,741
down €3,741 (-14.2%), from €26,421 to €22,679
of which Trade receivables: -€3,219
- Profit (loss) carried forward -€252,524
down €252,524 (-99.7%), from €253,192 to €668
- Other debts +€73,334
new in 2025: €73,334
- Gross operating margin +€12,207
up €12,207 (+11.4%), from €106,685 to €118,892
- Taxes +€8,168
up €8,168 (+37.6%), from €21,733 to €29,900
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 | €262,801 | €87,086 | -€175,715 | -66.9% |
| Fixed assets | 21/28 | €76 | - | -€76 | |
| Tangible fixed assets | 22/27 | €76 | - | -€76 | |
| Furniture and vehicles | 24 | €76 | - | -€76 | |
| Current assets | 29/58 | €262,725 | €87,086 | -€175,639 | -66.9% |
| Amounts receivable within one year | 40/41 | €26,421 | €22,679 | -€3,741 | -14.2% |
| Trade receivables | 40 | €25,749 | €22,530 | -€3,219 | -12.5% |
| Other amounts receivable | 41 | €672 | €149 | -€523 | -77.8% |
| Current investments | 50/53 | €200,334 | €41,095 | -€159,239 | -79.5% |
| Cash at bank and in hand | 54/58 | €35,361 | €22,694 | -€12,667 | -35.8% |
| Deferred charges and accrued income | 490/1 | €609 | €617 | +€8 | +1.4% |
| Total equity and liabilities | 10/49 | €262,801 | €87,086 | -€175,715 | -66.9% |
| Equity | 10/15 | €256,192 | €3,668 | -€252,524 | -98.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €253,192 | €668 | -€252,524 | -99.7% |
| Amounts payable | 17/49 | €6,609 | €83,418 | +€76,809 | +1162.2% |
| Amounts payable within one year | 42/48 | €6,609 | €83,418 | +€76,809 | +1162.2% |
| Financial debts | 43 | €41 | €912 | +€870 | +2112.4% |
| Credit institutions | 430/8 | €41 | €912 | +€870 | +2112.4% |
| Trade debts | 44 | €1,015 | €1,228 | +€213 | +21.0% |
| Suppliers | 440/4 | €1,015 | €1,228 | +€213 | +21.0% |
| Taxes, remuneration and social security | 45 | €5,553 | €7,944 | +€2,392 | +43.1% |
| Taxes | 450/3 | €5,553 | €7,944 | +€2,392 | +43.1% |
| Other amounts payable | 47/48 | - | €73,334 | +€73,334 | |
| Remuneration, social security and pensions | 62 | €1,493 | €1,783 | +€290 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371 | €76 | -€295 | -79.5% |
| Other operating charges | 640/8 | €702 | €725 | +€23 | +3.3% |
| Gross operating margin | 9900 | €106,685 | €118,892 | +€12,207 | +11.4% |
| Operating profit (loss) | 9901 | €104,119 | €116,308 | +€12,189 | +11.7% |
| Financial income | 75/76B | €342 | €761 | +€419 | +122.7% |
| Recurring financial income | 75 | €342 | €761 | +€419 | +122.7% |
| Financial charges | 65/66B | €54 | €226 | +€171 | +315.2% |
| Recurring financial charges | 65 | €54 | €226 | +€171 | +315.2% |
| Profit (loss) for the period before taxes | 9903 | €104,407 | €116,843 | +€12,437 | +11.9% |
| Income taxes | 67/77 | €21,733 | €29,900 | +€8,168 | +37.6% |
| Profit (loss) for the period | 9904 | €82,674 | €86,943 | +€4,269 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,674 | €86,943 | +€4,269 | +5.2% |
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 8 October 2026 via checked.be.