BOW DANSAERT: 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.
BOW DANSAERT
Largest movements
- Tangible fixed assets -€45,926
down €45,926 (-2.4%), from €1.9m to €1.8m
- Debts after one year -€59,414
down €59,414 (-6.7%), from €883,671 to €824,256
- Other debts +€39,044
up €39,044 (+3.0%), from €1.3m to €1.3m
- Profit (loss) carried forward -€23,109
down €23,109 (-6.0%), from -€385,685 to -€408,794
- Gross operating margin +€5,481
up €5,481 (+8.1%), from €67,805 to €73,286
- Financial charges -€1,465
down €1,465 (-5.8%), from €25,329 to €23,864
- Other operating charges +€1,285
up €1,285 (+16.9%), from €7,601 to €8,886
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 | €1,896,990 | €1,863,260 | -€33,730 | -1.8% |
| Fixed assets | 21/28 | €1,878,539 | €1,832,612 | -€45,926 | -2.4% |
| Tangible fixed assets | 22/27 | €1,878,539 | €1,832,612 | -€45,926 | -2.4% |
| Land and buildings | 22 | €1,878,539 | €1,832,612 | -€45,926 | -2.4% |
| Current assets | 29/58 | €18,451 | €30,648 | +€12,196 | +66.1% |
| Amounts receivable within one year | 40/41 | €2,518 | €20,190 | +€17,672 | +701.8% |
| Trade receivables | 40 | €2,518 | €2,512 | -€6 | -0.2% |
| Other amounts receivable | 41 | - | €17,678 | +€17,678 | |
| Cash at bank and in hand | 54/58 | €13,823 | €10,458 | -€3,365 | -24.3% |
| Deferred charges and accrued income | 490/1 | €2,110 | - | -€2,110 | |
| Total equity and liabilities | 10/49 | €1,896,990 | €1,863,260 | -€33,730 | -1.8% |
| Equity | 10/15 | -€367,085 | -€390,194 | -€23,109 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€385,685 | -€408,794 | -€23,109 | -6.0% |
| Amounts payable | 17/49 | €2,264,075 | €2,253,454 | -€10,621 | -0.5% |
| Amounts payable after more than one year | 17 | €883,671 | €824,256 | -€59,414 | -6.7% |
| Financial debts | 170/4 | €883,671 | €824,256 | -€59,414 | -6.7% |
| Amounts payable within one year | 42/48 | €1,378,326 | €1,419,566 | +€41,239 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €62,680 | €64,298 | +€1,617 | +2.6% |
| Trade debts | 44 | €11,221 | €11,707 | +€486 | +4.3% |
| Suppliers | 440/4 | €11,221 | €11,707 | +€486 | +4.3% |
| Advances received on contracts in progress | 46 | €4,297 | €4,389 | +€92 | +2.1% |
| Other amounts payable | 47/48 | €1,300,128 | €1,339,172 | +€39,044 | +3.0% |
| Accrued charges and deferred income | 492/3 | €2,078 | €9,632 | +€7,554 | +363.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,267 | €63,646 | +€379 | +0.6% |
| Other operating charges | 640/8 | €7,601 | €8,886 | +€1,285 | +16.9% |
| Gross operating margin | 9900 | €67,805 | €73,286 | +€5,481 | +8.1% |
| Operating profit (loss) | 9901 | -€3,063 | €755 | +€3,818 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €25,329 | €23,864 | -€1,465 | -5.8% |
| Recurring financial charges | 65 | €25,329 | €23,864 | -€1,465 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€28,392 | -€23,109 | +€5,283 | +18.6% |
| Profit (loss) for the period | 9904 | -€28,392 | -€23,109 | +€5,283 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,392 | -€23,109 | +€5,283 | +18.6% |
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 3 October 2026 via checked.be.