D.A.N.: 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.
D.A.N.
Largest movements
- Receivables within one year +€8,013
up €8,013 (+9.2%), from €87,074 to €95,087
of which Other amounts receivable: +€17,805
- Reserves +€8,341
up €8,341 (+19.6%), from €42,482 to €50,823
- Depreciation +€1,008
up €1,008 (+25.7%), from €3,922 to €4,930
- Financial income -€420
down €420 (-8.4%), from €4,980 to €4,560
- Taxes -€250
down €250 (-10.5%), from €2,370 to €2,121
- Gross operating margin +€228
up €228 (+1.9%), from €11,707 to €11,935
- Other operating charges +€212
up €212 (+29.1%), from €729 to €941
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 | €357,954 | €364,870 | +€6,915 | +1.9% |
| Fixed assets | 21/28 | €184,025 | €180,879 | -€3,147 | -1.7% |
| Tangible fixed assets | 22/27 | €12,710 | €9,564 | -€3,147 | -24.8% |
| Plant, machinery and equipment | 23 | €4,412 | €4,531 | +€119 | +2.7% |
| Furniture and vehicles | 24 | €8,298 | €5,033 | -€3,266 | -39.4% |
| Financial fixed assets | 28 | €171,315 | €171,315 | = | 0.0% |
| Current assets | 29/58 | €173,929 | €183,991 | +€10,062 | +5.8% |
| Stocks and contracts in progress | 3 | €294 | €294 | = | 0.0% |
| Stocks | 30/36 | €294 | €294 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €87,074 | €95,087 | +€8,013 | +9.2% |
| Trade receivables | 40 | €14,620 | €4,829 | -€9,792 | -67.0% |
| Other amounts receivable | 41 | €72,454 | €90,258 | +€17,805 | +24.6% |
| Cash at bank and in hand | 54/58 | €86,014 | €88,054 | +€2,040 | +2.4% |
| Deferred charges and accrued income | 490/1 | €547 | €555 | +€9 | +1.6% |
| Total equity and liabilities | 10/49 | €357,954 | €364,870 | +€6,915 | +1.9% |
| Equity | 10/15 | €61,082 | €69,423 | +€8,341 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,482 | €50,823 | +€8,341 | +19.6% |
| Distributable reserves | 133 | €42,482 | €50,823 | +€8,341 | +19.6% |
| Amounts payable | 17/49 | €296,873 | €295,447 | -€1,426 | -0.5% |
| Amounts payable within one year | 42/48 | €296,873 | €295,447 | -€1,426 | -0.5% |
| Trade debts | 44 | €715 | €750 | +€35 | +4.9% |
| Suppliers | 440/4 | €715 | €750 | +€35 | +4.9% |
| Taxes, remuneration and social security | 45 | €3,221 | €2,690 | -€532 | -16.5% |
| Taxes | 450/3 | €2,154 | €1,622 | -€532 | -24.7% |
| Remuneration and social security | 454/9 | €1,067 | €1,067 | = | 0.0% |
| Other amounts payable | 47/48 | €292,936 | €292,007 | -€930 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,922 | €4,930 | +€1,008 | +25.7% |
| Other operating charges | 640/8 | €729 | €941 | +€212 | +29.1% |
| Gross operating margin | 9900 | €11,707 | €11,935 | +€228 | +1.9% |
| Operating profit (loss) | 9901 | €7,056 | €6,064 | -€992 | -14.1% |
| Financial income | 75/76B | €4,980 | €4,560 | -€420 | -8.4% |
| Recurring financial income | 75 | €4,980 | €4,560 | -€420 | -8.4% |
| Financial charges | 65/66B | €153 | €162 | +€9 | +6.1% |
| Recurring financial charges | 65 | €153 | €162 | +€9 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €11,883 | €10,462 | -€1,421 | -12.0% |
| Income taxes | 67/77 | €2,370 | €2,121 | -€250 | -10.5% |
| Profit (loss) for the period | 9904 | €9,513 | €8,341 | -€1,171 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,513 | €8,341 | -€1,171 | -12.3% |
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 16 October 2026 via checked.be.