DA GROUP: 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.
DA GROUP
Largest movements
- Receivables within one year +€233,886
up €233,886 (+104.7%), from €223,482 to €457,368
of which Trade receivables: +€217,456
- Cash +€114,115
up €114,115 (+246.5%), from €46,296 to €160,412
- Trade debts +€343,449
up €343,449 (+307.7%), from €111,630 to €455,078
- Profit (loss) carried forward +€15,290
up €15,290 (+24.5%), from €62,486 to €77,775
- Tax, wage and social debts -€14,060
down €14,060 (-35.1%), from €40,064 to €26,004
of which Taxes: -€17,809
- Purchases and services +€799,363
up €799,363 (+111.0%), from €720,255 to €1.5m
- Turnover +€758,867
up €758,867 (+86.3%), from €879,414 to €1.6m
- Staff costs +€64,357
up €64,357 (+136.9%), from €47,024 to €111,381
- Gross operating margin -€40,392
down €40,392 (-25.3%), from €159,746 to €119,354
- Taxes -€18,356
down €18,356 (-87.9%), from €20,885 to €2,529
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,680 | €620,681 | +€345,001 | +125.1% |
| Fixed assets | 21/28 | €3,000 | - | -€3,000 | |
| Tangible fixed assets | 22/27 | €3,000 | - | -€3,000 | |
| Furniture and vehicles | 24 | €3,000 | - | -€3,000 | |
| Current assets | 29/58 | €272,680 | €620,681 | +€348,001 | +127.6% |
| Stocks and contracts in progress | 3 | €2,901 | €2,901 | = | 0.0% |
| Stocks | 30/36 | €2,901 | €2,901 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €223,482 | €457,368 | +€233,886 | +104.7% |
| Trade receivables | 40 | €195,898 | €413,354 | +€217,456 | +111.0% |
| Other amounts receivable | 41 | €27,584 | €44,014 | +€16,430 | +59.6% |
| Cash at bank and in hand | 54/58 | €46,296 | €160,412 | +€114,115 | +246.5% |
| Total equity and liabilities | 10/49 | €275,680 | €620,681 | +€345,001 | +125.1% |
| Equity | 10/15 | €123,986 | €139,275 | +€15,290 | +12.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | - | €61,500 | +€61,500 | |
| Issued capital | 100 | - | €61,500 | +€61,500 | |
| Profit (loss) carried forward | 14 | €62,486 | €77,775 | +€15,290 | +24.5% |
| Amounts payable | 17/49 | €151,694 | €481,406 | +€329,712 | +217.4% |
| Amounts payable within one year | 42/48 | €151,694 | €481,406 | +€329,712 | +217.4% |
| Trade debts | 44 | €111,630 | €455,078 | +€343,449 | +307.7% |
| Suppliers | 440/4 | €111,630 | €455,078 | +€343,449 | +307.7% |
| Advances received on contracts in progress | 46 | - | €323 | +€323 | |
| Taxes, remuneration and social security | 45 | €40,064 | €26,004 | -€14,060 | -35.1% |
| Taxes | 450/3 | €21,517 | €3,708 | -€17,809 | -82.8% |
| Remuneration and social security | 454/9 | €18,547 | €22,296 | +€3,749 | +20.2% |
| Turnover | 70 | €879,414 | €1,638,281 | +€758,867 | +86.3% |
| Non-recurring operating income | 76A | €587 | €691 | +€104 | +17.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €720,255 | €1,519,618 | +€799,363 | +111.0% |
| Remuneration, social security and pensions | 62 | €47,024 | €111,381 | +€64,357 | +136.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | - | -€1,500 | |
| Other operating charges | 640/8 | €1,548 | €815 | -€734 | -47.4% |
| Non-recurring operating charges | 66A | €3,363 | €1,100 | -€2,263 | -67.3% |
| Gross operating margin | 9900 | €159,746 | €119,354 | -€40,392 | -25.3% |
| Operating profit (loss) | 9901 | €106,311 | €6,058 | -€100,252 | -94.3% |
| Financial income | 75/76B | - | €5,785 | +€5,785 | |
| Recurring financial income | 75 | - | €5,785 | +€5,785 | |
| Financial charges | 65/66B | €278 | €271 | -€7 | -2.5% |
| Recurring financial charges | 65 | €278 | €271 | -€7 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €106,033 | €11,572 | -€94,460 | -89.1% |
| Income taxes | 67/77 | €20,885 | €2,529 | -€18,356 | -87.9% |
| Profit (loss) for the period | 9904 | €85,148 | €9,043 | -€76,105 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,148 | €9,043 | -€76,105 | -89.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.