DA&X: what changed
DA&X
Largest movements
- Cash +€320,726
up €320,726 (+312%), from €102,775 to €423,501
mainly Net result for the year (+€221,899) and Tax, wage and social debts (+€69,150)
- Receivables within one year -€30,250
down €30,250 (-100%), from €30,250 to €0
- Reserves +€221,899
up €221,899 (+274%), from €81,048 to €302,948
- Tax, wage and social debts +€69,150
up €69,150 (+153%), from €45,305 to €114,454
of which Taxes: +€72,945
- Accrued charges and deferred income +€4,965
new in 2026: €4,965
- Trade debts -€4,480
down €4,480 (-64.2%), from €6,974 to €2,494
- Gross operating margin +€188,826
up €188,826 (+182%), from €103,801 to €292,627
- Taxes +€47,095
up €47,095 (+227%), from €20,764 to €67,859
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,872 | €429,548 | +€291,677 | +212% |
| Fixed assets | 21/28 | €4,847 | €6,047 | +€1,200 | +24.8% |
| Tangible fixed assets | 22/27 | €4,847 | €6,047 | +€1,200 | +24.8% |
| Furniture and vehicles | 24 | €4,847 | €6,047 | +€1,200 | +24.8% |
| Current assets | 29/58 | €133,025 | €423,501 | +€290,476 | +218% |
| Amounts receivable within one year | 40/41 | €30,250 | €0 | -€30,250 | -100% |
| Trade receivables | 40 | €30,250 | €0 | -€30,250 | -100% |
| Cash at bank and in hand | 54/58 | €102,775 | €423,501 | +€320,726 | +312% |
| Total equity and liabilities | 10/49 | €137,872 | €429,548 | +€291,677 | +212% |
| Equity | 10/15 | €82,048 | €303,948 | +€221,899 | +270% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €81,048 | €302,948 | +€221,899 | +274% |
| Distributable reserves | 133 | €81,048 | €302,948 | +€221,899 | +274% |
| Amounts payable | 17/49 | €55,823 | €125,601 | +€69,777 | +125% |
| Amounts payable within one year | 42/48 | €55,823 | €120,636 | +€64,813 | +116% |
| Trade debts | 44 | €6,974 | €2,494 | -€4,480 | -64.2% |
| Suppliers | 440/4 | €6,974 | €2,494 | -€4,480 | -64.2% |
| Taxes, remuneration and social security | 45 | €45,305 | €114,454 | +€69,150 | +153% |
| Taxes | 450/3 | €41,509 | €114,454 | +€72,945 | +176% |
| Remuneration and social security | 454/9 | €3,795 | €0 | -€3,795 | -100% |
| Other amounts payable | 47/48 | €3,545 | €3,688 | +€143 | +4.0% |
| Accrued charges and deferred income | 492/3 | - | €4,965 | +€4,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | €1,248 | +€1,057 | +555% |
| Other operating charges | 640/8 | €191 | €49 | -€142 | -74.3% |
| Gross operating margin | 9900 | €103,801 | €292,627 | +€188,826 | +182% |
| Operating profit (loss) | 9901 | €103,420 | €291,330 | +€187,911 | +182% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €1,607 | €1,597 | -€10 | -0.6% |
| Recurring financial charges | 65 | €1,607 | €1,597 | -€10 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €101,812 | €289,759 | +€187,946 | +185% |
| Income taxes | 67/77 | €20,764 | €67,859 | +€47,095 | +227% |
| Profit (loss) for the period | 9904 | €81,048 | €221,899 | +€140,851 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €81,048 | €221,899 | +€140,851 | +174% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.