DAAF: 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.
DAAF
Largest movements
- Tangible fixed assets -€33,407
down €33,407 (-33.6%), from €99,311 to €65,903
of which Furniture and vehicles: -€32,625
- Receivables within one year +€11,033
up €11,033 (+354.2%), from €3,115 to €14,148
of which Trade receivables: +€9,747
- Deferred charges and accrued income -€1,353
down €1,353 (-76.6%), from €1,768 to €414
- Debts after one year -€28,118
down €28,118 (-51.1%), from €54,990 to €26,872
- Short-term financial debts +€1,366
up €1,366, from €0 to €1,366
- Tax, wage and social debts +€1,245
up €1,245 (+27.9%), from €4,465 to €5,710
- Current portion of long-term debt +€1,197
up €1,197 (+4.4%), from €26,921 to €28,118
- Gross operating margin +€1,904
up €1,904 (+3.8%), from €49,659 to €51,563
- Financial charges -€1,077
down €1,077 (-24.5%), from €4,394 to €3,317
- Financial income -€931
down €931 (-99.1%), from €940 to €8
of which Non-recurring financial income: -€826
- Taxes +€581
up €581 (+17.4%), from €3,348 to €3,929
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 | €117,054 | €92,550 | -€24,503 | -20.9% |
| Fixed assets | 21/28 | €99,461 | €66,053 | -€33,407 | -33.6% |
| Tangible fixed assets | 22/27 | €99,311 | €65,903 | -€33,407 | -33.6% |
| Furniture and vehicles | 24 | €92,296 | €59,671 | -€32,625 | -35.3% |
| Other tangible fixed assets | 26 | €7,015 | €6,232 | -€783 | -11.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €17,593 | €26,497 | +€8,904 | +50.6% |
| Amounts receivable within one year | 40/41 | €3,115 | €14,148 | +€11,033 | +354.2% |
| Trade receivables | 40 | €0 | €9,747 | +€9,747 | |
| Other amounts receivable | 41 | €3,115 | €4,401 | +€1,286 | +41.3% |
| Cash at bank and in hand | 54/58 | €12,711 | €11,935 | -€776 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,768 | €414 | -€1,353 | -76.6% |
| Total equity and liabilities | 10/49 | €117,054 | €92,550 | -€24,503 | -20.9% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €98,454 | €73,950 | -€24,503 | -24.9% |
| Amounts payable after more than one year | 17 | €54,990 | €26,872 | -€28,118 | -51.1% |
| Financial debts | 170/4 | €54,990 | €26,872 | -€28,118 | -51.1% |
| Amounts payable within one year | 42/48 | €43,464 | €47,078 | +€3,615 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €26,921 | €28,118 | +€1,197 | +4.4% |
| Financial debts | 43 | €0 | €1,366 | +€1,366 | |
| Credit institutions | 430/8 | €0 | €1,366 | +€1,366 | |
| Trade debts | 44 | €1,354 | €1,419 | +€65 | +4.8% |
| Suppliers | 440/4 | €1,354 | €1,419 | +€65 | +4.8% |
| Taxes, remuneration and social security | 45 | €4,465 | €5,710 | +€1,245 | +27.9% |
| Taxes | 450/3 | €4,465 | €5,710 | +€1,245 | +27.9% |
| Other amounts payable | 47/48 | €10,724 | €10,465 | -€259 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,385 | €33,407 | +€23 | +0.1% |
| Other operating charges | 640/8 | €387 | €453 | +€65 | +16.9% |
| Gross operating margin | 9900 | €49,659 | €51,563 | +€1,904 | +3.8% |
| Operating profit (loss) | 9901 | €15,887 | €17,703 | +€1,816 | +11.4% |
| Financial income | 75/76B | €940 | €8 | -€931 | -99.1% |
| Recurring financial income | 75 | €113 | €8 | -€105 | -92.8% |
| Non-recurring financial income | 76B | €826 | €0 | -€826 | -100.0% |
| Financial charges | 65/66B | €4,394 | €3,317 | -€1,077 | -24.5% |
| Recurring financial charges | 65 | €4,394 | €3,317 | -€1,077 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €12,432 | €14,394 | +€1,962 | +15.8% |
| Income taxes | 67/77 | €3,348 | €3,929 | +€581 | +17.4% |
| Profit (loss) for the period | 9904 | €9,084 | €10,465 | +€1,381 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,084 | €10,465 | +€1,381 | +15.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.