D'ALES PROJECT: 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.
D'ALES PROJECT
Largest movements
- Cash +€7,391
up €7,391 (+96.1%), from €7,689 to €15,080
mainly Net result for the year (+€7,507) and Tax, wage and social debts (+€425)
- Receivables within one year -€417
down €417 (-6.1%), from €6,817 to €6,400
of which Trade receivables: -€1,379
- Profit (loss) carried forward +€7,507
up €7,507 (+135.6%), from €5,535 to €13,041
- Trade debts -€1,258
down €1,258 (-70.3%), from €1,789 to €531
of which Bills of exchange payable: -€1,244
- Tax, wage and social debts +€425
up €425 (+28.6%), from €1,483 to €1,908
- Other debts +€300
up €300 (+17.6%), from €1,700 to €2,000
- Gross operating margin +€2,772
up €2,772 (+38.8%), from €7,144 to €9,916
- Taxes +€425
up €425 (+28.6%), from €1,483 to €1,908
- Other operating charges +€202
up €202 (+501.5%), from €40 to €243
- Financial charges +€173
up €173 (+200.3%), from €86 to €259
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 | €14,506 | €21,480 | +€6,974 | +48.1% |
| Current assets | 29/58 | €14,506 | €21,480 | +€6,974 | +48.1% |
| Amounts receivable within one year | 40/41 | €6,817 | €6,400 | -€417 | -6.1% |
| Trade receivables | 40 | €1,379 | - | -€1,379 | |
| Other amounts receivable | 41 | €5,438 | €6,400 | +€962 | +17.7% |
| Cash at bank and in hand | 54/58 | €7,689 | €15,080 | +€7,391 | +96.1% |
| Total equity and liabilities | 10/49 | €14,506 | €21,480 | +€6,974 | +48.1% |
| Equity | 10/15 | €9,535 | €17,041 | +€7,507 | +78.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,535 | €13,041 | +€7,507 | +135.6% |
| Amounts payable | 17/49 | €4,972 | €4,439 | -€533 | -10.7% |
| Amounts payable within one year | 42/48 | €4,972 | €4,439 | -€533 | -10.7% |
| Trade debts | 44 | €1,789 | €531 | -€1,258 | -70.3% |
| Suppliers | 440/4 | €545 | €531 | -€14 | -2.5% |
| Bills of exchange payable | 441 | €1,244 | - | -€1,244 | |
| Taxes, remuneration and social security | 45 | €1,483 | €1,908 | +€425 | +28.6% |
| Taxes | 450/3 | €1,483 | €1,908 | +€425 | +28.6% |
| Other amounts payable | 47/48 | €1,700 | €2,000 | +€300 | +17.6% |
| Other operating charges | 640/8 | €40 | €243 | +€202 | +501.5% |
| Gross operating margin | 9900 | €7,144 | €9,916 | +€2,772 | +38.8% |
| Operating profit (loss) | 9901 | €7,104 | €9,673 | +€2,569 | +36.2% |
| Financial charges | 65/66B | €86 | €259 | +€173 | +200.3% |
| Recurring financial charges | 65 | €86 | €259 | +€173 | +200.3% |
| Profit (loss) for the period before taxes | 9903 | €7,018 | €9,414 | +€2,397 | +34.2% |
| Income taxes | 67/77 | €1,483 | €1,908 | +€425 | +28.6% |
| Profit (loss) for the period | 9904 | €5,535 | €7,507 | +€1,972 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,535 | €7,507 | +€1,972 | +35.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.