Dr NGUYEN DDF: what changed
Dr NGUYEN DDF
Largest movements
- Cash +€44,415
up €44,415 (+24.2%), from €183,447 to €227,862
mainly Net result for the year (+€137,799) and Other debts (+€71,119)
- Receivables within one year +€41,777
up €41,777 (+55.3%), from €75,562 to €117,339
of which Other amounts receivable: +€41,822
- Current investments -€25,000
down €25,000 (-100%), from €25,000 to €0
- Tangible fixed assets -€11,136
down €11,136 (-12.4%), from €90,034 to €78,898
of which Land and buildings: -€8,552
- Other debts +€71,119
up €71,119 (+59.0%), from €120,454 to €191,573
- Current portion of long-term debt -€16,878
down €16,878 (-52.6%), from €32,114 to €15,236
- Debts after one year -€14,078
down €14,078 (-20.5%), from €68,685 to €54,606
- Trade debts +€5,895
up €5,895 (+32.5%), from €18,136 to €24,031
- Tax, wage and social debts +€4,585
up €4,585 (+14.9%), from €30,771 to €35,357
of which Taxes: +€4,534
- Gross operating margin +€7,516
up €7,516 (+3.9%), from €193,074 to €200,589
- Financial charges +€5,528
up €5,528 (+92.6%), from €5,973 to €11,502
- Depreciation -€4,634
down €4,634 (-29.4%), from €15,770 to €11,136
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €397,239 | €447,903 | +€50,664 | +12.8% |
| Fixed assets | 21/28 | €100,208 | €89,072 | -€11,136 | -11.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €90,034 | €78,898 | -€11,136 | -12.4% |
| Land and buildings | 22 | €78,393 | €69,841 | -€8,552 | -10.9% |
| Plant, machinery and equipment | 23 | €10,998 | €9,057 | -€1,941 | -17.7% |
| Furniture and vehicles | 24 | €643 | €0 | -€643 | -100% |
| Financial fixed assets | 28 | €10,174 | €10,174 | = | 0.0% |
| Current assets | 29/58 | €297,030 | €358,831 | +€61,801 | +20.8% |
| Amounts receivable within one year | 40/41 | €75,562 | €117,339 | +€41,777 | +55.3% |
| Trade receivables | 40 | €45 | €0 | -€45 | -100% |
| Other amounts receivable | 41 | €75,517 | €117,339 | +€41,822 | +55.4% |
| Current investments | 50/53 | €25,000 | €0 | -€25,000 | -100% |
| Cash at bank and in hand | 54/58 | €183,447 | €227,862 | +€44,415 | +24.2% |
| Deferred charges and accrued income | 490/1 | €13,021 | €13,630 | +€609 | +4.7% |
| Total equity and liabilities | 10/49 | €397,239 | €447,903 | +€50,664 | +12.8% |
| Equity | 10/15 | €126,255 | €126,255 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,655 | €107,655 | = | 0.0% |
| Distributable reserves | 133 | €107,655 | €107,655 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €270,983 | €321,648 | +€50,664 | +18.7% |
| Amounts payable after more than one year | 17 | €68,685 | €54,606 | -€14,078 | -20.5% |
| Financial debts | 170/4 | €68,685 | €54,606 | -€14,078 | -20.5% |
| Amounts payable within one year | 42/48 | €201,476 | €266,196 | +€64,720 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €32,114 | €15,236 | -€16,878 | -52.6% |
| Trade debts | 44 | €18,136 | €24,031 | +€5,895 | +32.5% |
| Suppliers | 440/4 | €18,136 | €24,031 | +€5,895 | +32.5% |
| Taxes, remuneration and social security | 45 | €30,771 | €35,357 | +€4,585 | +14.9% |
| Taxes | 450/3 | €20,649 | €25,184 | +€4,534 | +22.0% |
| Remuneration and social security | 454/9 | €10,122 | €10,173 | +€51 | +0.5% |
| Other amounts payable | 47/48 | €120,454 | €191,573 | +€71,119 | +59.0% |
| Accrued charges and deferred income | 492/3 | €823 | €845 | +€22 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,770 | €11,136 | -€4,634 | -29.4% |
| Other operating charges | 640/8 | €761 | €745 | -€16 | -2.1% |
| Gross operating margin | 9900 | €193,074 | €200,589 | +€7,516 | +3.9% |
| Operating profit (loss) | 9901 | €176,543 | €188,708 | +€12,165 | +6.9% |
| Financial income | 75/76B | €1,603 | €800 | -€803 | -50.1% |
| Recurring financial income | 75 | €1,603 | €800 | -€803 | -50.1% |
| Financial charges | 65/66B | €5,973 | €11,502 | +€5,528 | +92.6% |
| Recurring financial charges | 65 | €5,973 | €11,502 | +€5,528 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | €172,172 | €178,006 | +€5,834 | +3.4% |
| Income taxes | 67/77 | €38,684 | €40,207 | +€1,523 | +3.9% |
| Profit (loss) for the period | 9904 | €133,488 | €137,799 | +€4,312 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €133,488 | €137,799 | +€4,312 | +3.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.