DAA: 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.
DAA
Largest movements
- Receivables within one year -€23,734
down €23,734 (-91.6%), from €25,907 to €2,173
of which Trade receivables: -€13,407
- Cash +€10,455
up €10,455 (+286%), from €3,657 to €14,112
mainly Receivables within one year (+€23,734) and Net result for the year (+€4,771)
- Trade debts -€12,415
down €12,415 (-94.3%), from €13,163 to €748
- Tax, wage and social debts -€5,880
down €5,880 (-56.5%), from €10,399 to €4,519
- Profit (loss) carried forward +€4,771
up €4,771 (+124%), from €3,849 to €8,620
- Gross operating margin +€1,434
up €1,434 (+22.7%), from €6,309 to €7,743
- Depreciation -€929
down €929 (-81.0%), from €1,148 to €219
- Taxes +€662
up €662 (+45.8%), from €1,444 to €2,106
- Other operating charges +€560
new in 2025: €560
- Financial income -€307
down €307 (-98.1%), from €313 to €6
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 | €29,911 | €16,412 | -€13,498 | -45.1% |
| Formation expenses | 20 | €117 | - | -€117 | |
| Fixed assets | 21/28 | €229 | €127 | -€102 | -44.4% |
| Tangible fixed assets | 22/27 | €229 | €127 | -€102 | -44.4% |
| Plant, machinery and equipment | 23 | €229 | €127 | -€102 | -44.4% |
| Current assets | 29/58 | €29,565 | €16,285 | -€13,280 | -44.9% |
| Amounts receivable within one year | 40/41 | €25,907 | €2,173 | -€23,734 | -91.6% |
| Trade receivables | 40 | €15,580 | €2,173 | -€13,407 | -86.1% |
| Other amounts receivable | 41 | €10,327 | - | -€10,327 | |
| Cash at bank and in hand | 54/58 | €3,657 | €14,112 | +€10,455 | +286% |
| Total equity and liabilities | 10/49 | €29,911 | €16,412 | -€13,498 | -45.1% |
| Equity | 10/15 | €6,349 | €11,120 | +€4,771 | +75.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,849 | €8,620 | +€4,771 | +124% |
| Amounts payable | 17/49 | €23,562 | €5,292 | -€18,270 | -77.5% |
| Amounts payable within one year | 42/48 | €23,562 | €5,292 | -€18,270 | -77.5% |
| Trade debts | 44 | €13,163 | €748 | -€12,415 | -94.3% |
| Suppliers | 440/4 | €13,163 | €748 | -€12,415 | -94.3% |
| Taxes, remuneration and social security | 45 | €10,399 | €4,519 | -€5,880 | -56.5% |
| Taxes | 450/3 | €10,399 | €4,519 | -€5,880 | -56.5% |
| Other amounts payable | 47/48 | - | €25 | +€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,148 | €219 | -€929 | -81.0% |
| Other operating charges | 640/8 | - | €560 | +€560 | |
| Gross operating margin | 9900 | €6,309 | €7,743 | +€1,434 | +22.7% |
| Operating profit (loss) | 9901 | €5,161 | €6,965 | +€1,804 | +34.9% |
| Financial income | 75/76B | €313 | €6 | -€307 | -98.1% |
| Recurring financial income | 75 | €313 | €6 | -€307 | -98.1% |
| Financial charges | 65/66B | €182 | €94 | -€88 | -48.4% |
| Recurring financial charges | 65 | €182 | €94 | -€88 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €5,293 | €6,877 | +€1,585 | +29.9% |
| Income taxes | 67/77 | €1,444 | €2,106 | +€662 | +45.8% |
| Profit (loss) for the period | 9904 | €3,849 | €4,771 | +€923 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,849 | €4,771 | +€923 | +24.0% |
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 19 October 2026 via checked.be.