DDC: 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.
DDC
Largest movements
- Cash -€73,807
down €73,807 (-55.8%), from €132,330 to €58,523
mainly Debts after one year (-€160,311) and Receivables within one year (-€24,910)
- Receivables within one year +€24,910
up €24,910 (+38.1%), from €65,340 to €90,250
- Tangible fixed assets -€19,475
down €19,475 (-8.2%), from €236,200 to €216,725
of which Land and buildings: -€13,264
- Debts after one year -€160,311
down €160,311 (-97.3%), from €164,749 to €4,439
- Reserves +€106,852
up €106,852 (+27.0%), from €396,208 to €503,060
of which Distributable reserves: +€109,237
- Current portion of long-term debt -€12,246
down €12,246 (-30.2%), from €40,557 to €28,311
- Gross operating margin -€15,242
down €15,242 (-7.6%), from €200,440 to €185,198
- Financial charges -€12,333
down €12,333 (-68.8%), from €17,931 to €5,598
- Depreciation +€3,791
up €3,791 (+24.2%), from €15,683 to €19,475
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €662,761 | €594,444 | -€68,317 | -10.3% |
| Fixed assets | 21/28 | €463,261 | €443,787 | -€19,475 | -4.2% |
| Tangible fixed assets | 22/27 | €236,200 | €216,725 | -€19,475 | -8.2% |
| Land and buildings | 22 | €212,748 | €199,484 | -€13,264 | -6.2% |
| Furniture and vehicles | 24 | €23,451 | €17,241 | -€6,211 | -26.5% |
| Financial fixed assets | 28 | €227,062 | €227,062 | = | 0.0% |
| Current assets | 29/58 | €199,499 | €150,657 | -€48,842 | -24.5% |
| Amounts receivable within one year | 40/41 | €65,340 | €90,250 | +€24,910 | +38.1% |
| Trade receivables | 40 | €65,340 | €90,250 | +€24,910 | +38.1% |
| Cash at bank and in hand | 54/58 | €132,330 | €58,523 | -€73,807 | -55.8% |
| Deferred charges and accrued income | 490/1 | €1,829 | €1,884 | +€55 | +3.0% |
| Total equity and liabilities | 10/49 | €662,761 | €594,444 | -€68,317 | -10.3% |
| Equity | 10/15 | €411,175 | €518,028 | +€106,852 | +26.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €396,208 | €503,060 | +€106,852 | +27.0% |
| Tax-exempt reserves | 132 | €27,030 | €24,645 | -€2,385 | -8.8% |
| Distributable reserves | 133 | €369,178 | €478,415 | +€109,237 | +29.6% |
| Profit (loss) carried forward | 14 | €8,768 | €8,768 | = | 0.0% |
| Provisions and deferred taxes | 16 | €9,010 | €8,215 | -€795 | -8.8% |
| Deferred taxes | 168 | €9,010 | €8,215 | -€795 | -8.8% |
| Amounts payable | 17/49 | €242,575 | €68,201 | -€174,374 | -71.9% |
| Amounts payable after more than one year | 17 | €164,749 | €4,439 | -€160,311 | -97.3% |
| Financial debts | 170/4 | €164,749 | €4,439 | -€160,311 | -97.3% |
| Amounts payable within one year | 42/48 | €67,076 | €49,647 | -€17,428 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €40,557 | €28,311 | -€12,246 | -30.2% |
| Trade debts | 44 | €6,603 | €578 | -€6,025 | -91.3% |
| Suppliers | 440/4 | €6,603 | €578 | -€6,025 | -91.3% |
| Taxes, remuneration and social security | 45 | €14,361 | €16,046 | +€1,685 | +11.7% |
| Taxes | 450/3 | €14,361 | €16,046 | +€1,685 | +11.7% |
| Other amounts payable | 47/48 | €5,555 | €4,713 | -€842 | -15.2% |
| Accrued charges and deferred income | 492/3 | €10,750 | €14,115 | +€3,365 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,683 | €19,475 | +€3,791 | +24.2% |
| Other operating charges | 640/8 | €3,380 | €2,203 | -€1,177 | -34.8% |
| Gross operating margin | 9900 | €200,440 | €185,198 | -€15,242 | -7.6% |
| Operating profit (loss) | 9901 | €181,377 | €163,520 | -€17,856 | -9.8% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €17,931 | €5,598 | -€12,333 | -68.8% |
| Recurring financial charges | 65 | €17,931 | €5,598 | -€12,333 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | €163,445 | €157,926 | -€5,519 | -3.4% |
| Transfer from deferred taxes | 780 | €795 | €795 | = | 0.0% |
| Income taxes | 67/77 | €53,785 | €51,869 | -€1,916 | -3.6% |
| Profit (loss) for the period | 9904 | €110,456 | €106,852 | -€3,603 | -3.3% |
| Transfer from tax-exempt reserves | 789 | €2,385 | €2,385 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €112,841 | €109,237 | -€3,603 | -3.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.