DGGD: 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.
DGGD
Largest movements
- Stocks and contracts +€24,525
up €24,525 (+14.3%), from €171,336 to €195,861
- Tangible fixed assets +€22,360
up €22,360 (+98.1%), from €22,787 to €45,148
of which Plant, machinery and equipment: +€34,381
- Receivables within one year -€11,407
down €11,407 (-29.3%), from €38,993 to €27,586
of which Trade receivables: -€11,626
- Deferred charges and accrued income +€7,943
up €7,943, from €0 to €7,943
- Cash +€5,055
new in 2025: €5,055
mainly Short-term financial debts (+€48,025) and Contributions, distributions and other (+€48,000)
- Short-term financial debts +€48,025
up €48,025 (+382%), from €12,577 to €60,603
- Revaluation surpluses +€38,400
new in 2025: €38,400
- Profit (loss) carried forward -€21,983
down €21,983 (-84.1%), from -€26,152 to -€48,135
- Tax, wage and social debts -€11,670
down €11,670 (-50.5%), from €23,093 to €11,424
of which Taxes: -€10,996
- Reserves +€9,600
new in 2025: €9,600
- Turnover -€538,989
no longer reported in 2025 (was €538,989)
- Purchases and services -€295,925
no longer reported in 2025 (was €295,925)
- Gross operating margin -€74,771
down €74,771 (-29.0%), from €257,619 to €182,848
- Staff costs -€50,372
down €50,372 (-23.6%), from €213,097 to €162,724
- Depreciation +€7,381
up €7,381 (+40.4%), from €18,259 to €25,640
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 | €233,116 | €281,594 | +€48,477 | +20.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €22,787 | €45,148 | +€22,360 | +98.1% |
| Tangible fixed assets | 22/27 | €22,787 | €45,148 | +€22,360 | +98.1% |
| Land and buildings | 22 | €3,188 | €2,126 | -€1,063 | -33.3% |
| Plant, machinery and equipment | 23 | €7,470 | €41,851 | +€34,381 | +460% |
| Furniture and vehicles | 24 | €12,129 | €1,171 | -€10,958 | -90.3% |
| Current assets | 29/58 | €210,329 | €236,446 | +€26,117 | +12.4% |
| Stocks and contracts in progress | 3 | €171,336 | €195,861 | +€24,525 | +14.3% |
| Stocks | 30/36 | €171,336 | €195,861 | +€24,525 | +14.3% |
| Amounts receivable within one year | 40/41 | €38,993 | €27,586 | -€11,407 | -29.3% |
| Trade receivables | 40 | €37,882 | €26,256 | -€11,626 | -30.7% |
| Other amounts receivable | 41 | €1,111 | €1,330 | +€219 | +19.7% |
| Cash at bank and in hand | 54/58 | - | €5,055 | +€5,055 | |
| Deferred charges and accrued income | 490/1 | €0 | €7,943 | +€7,943 | |
| Total equity and liabilities | 10/49 | €233,116 | €281,594 | +€48,477 | +20.8% |
| Equity | 10/15 | -€7,552 | €18,465 | +€26,017 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | - | €38,400 | +€38,400 | |
| Reserves | 13 | - | €9,600 | +€9,600 | |
| Distributable reserves | 133 | - | €9,600 | +€9,600 | |
| Profit (loss) carried forward | 14 | -€26,152 | -€48,135 | -€21,983 | -84.1% |
| Amounts payable | 17/49 | €240,668 | €263,129 | +€22,461 | +9.3% |
| Amounts payable after more than one year | 17 | €1,715 | - | -€1,715 | |
| Financial debts | 170/4 | €1,715 | - | -€1,715 | |
| Amounts payable within one year | 42/48 | €238,953 | €263,129 | +€24,175 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €10,218 | €1,715 | -€8,503 | -83.2% |
| Financial debts | 43 | €12,577 | €60,603 | +€48,025 | +382% |
| Credit institutions | 430/8 | €12,577 | €60,603 | +€48,025 | +382% |
| Trade debts | 44 | €23,575 | €27,397 | +€3,823 | +16.2% |
| Suppliers | 440/4 | €23,575 | €27,397 | +€3,823 | +16.2% |
| Taxes, remuneration and social security | 45 | €23,093 | €11,424 | -€11,670 | -50.5% |
| Taxes | 450/3 | €14,349 | €3,354 | -€10,996 | -76.6% |
| Remuneration and social security | 454/9 | €8,744 | €8,070 | -€674 | -7.7% |
| Other amounts payable | 47/48 | €169,490 | €161,990 | -€7,500 | -4.4% |
| Turnover | 70 | €538,989 | - | -€538,989 | |
| Goods, raw materials, services and sundry goods | 60/61 | €295,925 | - | -€295,925 | |
| Remuneration, social security and pensions | 62 | €213,097 | €162,724 | -€50,372 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,259 | €25,640 | +€7,381 | +40.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,264 | €4,011 | -€4,253 | -51.5% |
| Other operating charges | 640/8 | €8,084 | €7,108 | -€976 | -12.1% |
| Gross operating margin | 9900 | €257,619 | €182,848 | -€74,771 | -29.0% |
| Operating profit (loss) | 9901 | €9,916 | -€16,634 | -€26,550 | |
| Financial income | 75/76B | €236 | €190 | -€46 | -19.6% |
| Recurring financial income | 75 | €236 | €190 | -€46 | -19.6% |
| Financial charges | 65/66B | €1,561 | €5,539 | +€3,978 | +255% |
| Recurring financial charges | 65 | €1,561 | €5,539 | +€3,978 | +255% |
| Profit (loss) for the period before taxes | 9903 | €8,591 | -€21,983 | -€30,574 | |
| Income taxes | 67/77 | €3,354 | - | -€3,354 | |
| Profit (loss) for the period | 9904 | €5,237 | -€21,983 | -€27,220 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,237 | -€21,983 | -€27,220 |
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 13 October 2026 via checked.be.