DOUBLE D: 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.
DOUBLE D
Largest movements
- Stocks and contracts +€39,051
up €39,051 (+46.8%), from €83,425 to €122,476
- Cash -€4,368
down €4,368 (-33.1%), from €13,204 to €8,837
mainly Stocks and contracts (-€39,051) and Tax, wage and social debts (-€7,377)
- Tangible fixed assets +€2,641
up €2,641 (+25.9%), from €10,211 to €12,853
of which Furniture and vehicles: +€4,023
- Trade debts +€37,300
up €37,300 (+97.7%), from €38,195 to €75,495
- Tax, wage and social debts -€7,377
down €7,377 (-15.0%), from €49,204 to €41,828
of which Taxes: -€7,941
- Short-term financial debts +€5,265
new in 2025: €5,265
- Profit (loss) carried forward +€4,591
up €4,591 (+10.0%), from -€46,125 to -€41,534
- Other debts -€2,109
down €2,109 (-99.9%), from €2,111 to €2
- Gross operating margin +€6,559
up €6,559 (+20.1%), from €32,586 to €39,146
- Taxes +€1,544
up €1,544 (+153%), from €1,009 to €2,553
- Other operating charges -€472
down €472 (-29.3%), from €1,610 to €1,138
- Staff costs +€469
up €469 (+2.0%), from €23,954 to €24,423
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 | €126,097 | €163,768 | +€37,671 | +29.9% |
| Fixed assets | 21/28 | €10,666 | €13,308 | +€2,641 | +24.8% |
| Tangible fixed assets | 22/27 | €10,211 | €12,853 | +€2,641 | +25.9% |
| Plant, machinery and equipment | 23 | €3,465 | €2,084 | -€1,382 | -39.9% |
| Furniture and vehicles | 24 | €6,746 | €10,769 | +€4,023 | +59.6% |
| Financial fixed assets | 28 | €455 | €455 | = | 0.0% |
| Current assets | 29/58 | €115,431 | €150,460 | +€35,029 | +30.3% |
| Amounts receivable after more than one year | 29 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 291 | €12,000 | €12,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €83,425 | €122,476 | +€39,051 | +46.8% |
| Stocks | 30/36 | €83,425 | €122,476 | +€39,051 | +46.8% |
| Amounts receivable within one year | 40/41 | €604 | €442 | -€162 | -26.8% |
| Trade receivables | 40 | €604 | €442 | -€162 | -26.8% |
| Cash at bank and in hand | 54/58 | €13,204 | €8,837 | -€4,368 | -33.1% |
| Deferred charges and accrued income | 490/1 | €6,197 | €6,705 | +€507 | +8.2% |
| Total equity and liabilities | 10/49 | €126,097 | €163,768 | +€37,671 | +29.9% |
| Equity | 10/15 | €36,587 | €41,179 | +€4,591 | +12.5% |
| Contributions | 10/11 | €80,565 | €80,565 | = | 0.0% |
| Reserves | 13 | €2,147 | €2,147 | = | 0.0% |
| Tax-exempt reserves | 132 | €950 | €950 | = | 0.0% |
| Distributable reserves | 133 | €1,197 | €1,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,125 | -€41,534 | +€4,591 | +10.0% |
| Amounts payable | 17/49 | €89,510 | €122,589 | +€33,079 | +37.0% |
| Amounts payable within one year | 42/48 | €89,510 | €122,589 | +€33,079 | +37.0% |
| Financial debts | 43 | - | €5,265 | +€5,265 | |
| Credit institutions | 430/8 | - | €5,265 | +€5,265 | |
| Trade debts | 44 | €38,195 | €75,495 | +€37,300 | +97.7% |
| Suppliers | 440/4 | €38,195 | €75,495 | +€37,300 | +97.7% |
| Taxes, remuneration and social security | 45 | €49,204 | €41,828 | -€7,377 | -15.0% |
| Taxes | 450/3 | €46,280 | €38,339 | -€7,941 | -17.2% |
| Remuneration and social security | 454/9 | €2,924 | €3,489 | +€564 | +19.3% |
| Other amounts payable | 47/48 | €2,111 | €2 | -€2,109 | -99.9% |
| Remuneration, social security and pensions | 62 | €23,954 | €24,423 | +€469 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,005 | €3,970 | -€35 | -0.9% |
| Other operating charges | 640/8 | €1,610 | €1,138 | -€472 | -29.3% |
| Gross operating margin | 9900 | €32,586 | €39,146 | +€6,559 | +20.1% |
| Operating profit (loss) | 9901 | €3,017 | €9,615 | +€6,597 | +219% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €2,718 | €2,471 | -€248 | -9.1% |
| Recurring financial charges | 65 | €2,718 | €2,471 | -€248 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €301 | €7,144 | +€6,843 | +2,270% |
| Income taxes | 67/77 | €1,009 | €2,553 | +€1,544 | +153% |
| Profit (loss) for the period | 9904 | -€707 | €4,591 | +€5,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€707 | €4,591 | +€5,299 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.