DDWM: 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.
DDWM
Largest movements
- Tangible fixed assets -€203,860
down €203,860 (-4.7%), from €4.3m to €4.1m
of which Land and buildings: -€195,985
- Debts after one year -€176,162
down €176,162 (-10.6%), from €1.7m to €1.5m
of which Financial debts: -€176,162
- Gross operating margin +€4,008
up €4,008 (+1.7%), from €242,364 to €246,372
- Financial charges -€2,844
down €2,844 (-7.2%), from €39,371 to €36,527
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 | €4,399,796 | €4,205,984 | -€193,812 | -4.4% |
| Fixed assets | 21/28 | €4,333,679 | €4,129,820 | -€203,860 | -4.7% |
| Tangible fixed assets | 22/27 | €4,333,679 | €4,129,820 | -€203,860 | -4.7% |
| Land and buildings | 22 | €4,245,777 | €4,049,792 | -€195,985 | -4.6% |
| Plant, machinery and equipment | 23 | €76,615 | €76,040 | -€574 | -0.7% |
| Furniture and vehicles | 24 | €11,288 | €3,988 | -€7,300 | -64.7% |
| Current assets | 29/58 | €66,116 | €76,164 | +€10,048 | +15.2% |
| Amounts receivable within one year | 40/41 | - | €1,967 | +€1,967 | |
| Trade receivables | 40 | - | €1,967 | +€1,967 | |
| Cash at bank and in hand | 54/58 | €62,476 | €70,434 | +€7,958 | +12.7% |
| Deferred charges and accrued income | 490/1 | €3,641 | €3,763 | +€123 | +3.4% |
| Total equity and liabilities | 10/49 | €4,399,796 | €4,205,984 | -€193,812 | -4.4% |
| Equity | 10/15 | €675,743 | €651,794 | -€23,949 | -3.5% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€424,257 | -€448,206 | -€23,949 | -5.6% |
| Amounts payable | 17/49 | €3,724,053 | €3,554,190 | -€169,862 | -4.6% |
| Amounts payable after more than one year | 17 | €1,654,908 | €1,478,745 | -€176,162 | -10.6% |
| Financial debts | 170/4 | €1,354,908 | €1,178,745 | -€176,162 | -13.0% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,043,575 | €2,055,209 | +€11,634 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €173,343 | €176,162 | +€2,820 | +1.6% |
| Trade debts | 44 | €46 | - | -€46 | |
| Suppliers | 440/4 | €46 | - | -€46 | |
| Other amounts payable | 47/48 | €1,870,186 | €1,879,046 | +€8,861 | +0.5% |
| Accrued charges and deferred income | 492/3 | €25,571 | €20,237 | -€5,334 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212,970 | €214,026 | +€1,056 | +0.5% |
| Other operating charges | 640/8 | €19,167 | €19,768 | +€601 | +3.1% |
| Gross operating margin | 9900 | €242,364 | €246,372 | +€4,008 | +1.7% |
| Operating profit (loss) | 9901 | €10,227 | €12,578 | +€2,351 | +23.0% |
| Financial charges | 65/66B | €39,371 | €36,527 | -€2,844 | -7.2% |
| Recurring financial charges | 65 | €39,371 | €36,527 | -€2,844 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€29,144 | -€23,949 | +€5,194 | +17.8% |
| Profit (loss) for the period | 9904 | -€29,144 | -€23,949 | +€5,194 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,144 | -€23,949 | +€5,194 | +17.8% |
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.