Daarom Wel!: 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.
Daarom Wel!
Largest movements
- Receivables within one year +€33,147
up €33,147 (+23.4%), from €141,703 to €174,849
of which Trade receivables: +€33,149
- Intangible fixed assets -€10,500
down €10,500 (-30.8%), from €34,089 to €23,589
- Cash -€6,879
down €6,879 (-27.5%), from €25,040 to €18,160
mainly Receivables within one year (-€33,147) and Investment in fixed assets (net) (-€23,904)
- Other debts +€25,513
up €25,513 (+83.0%), from €30,743 to €56,256
- Reserves -€18,280
down €18,280 (-44.1%), from €41,492 to €23,211
- Current portion of long-term debt -€17,103
down €17,103 (-57.9%), from €29,558 to €12,455
- Debts after one year +€16,204
up €16,204 (+13.0%), from €124,996 to €141,201
- Contributions +€9,550
up €9,550 (+2.4%), from €395,010 to €404,560
- Gross operating margin -€9,951
down €9,951 (-18.7%), from €53,330 to €43,379
- Depreciation -€9,504
down €9,504 (-23.2%), from €40,948 to €31,444
- Staff costs +€7,488
up €7,488 (+84.3%), from €8,882 to €16,370
- Other operating charges +€5,430
up €5,430 (+913%), from €595 to €6,026
- Financial charges +€3,621
up €3,621 (+114%), from €3,169 to €6,791
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 | €628,455 | €647,156 | +€18,701 | +3.0% |
| Fixed assets | 21/28 | €460,312 | €452,772 | -€7,541 | -1.6% |
| Intangible fixed assets | 21 | €34,089 | €23,589 | -€10,500 | -30.8% |
| Tangible fixed assets | 22/27 | €426,218 | €429,178 | +€2,959 | +0.7% |
| Land and buildings | 22 | €415,840 | €426,633 | +€10,793 | +2.6% |
| Plant, machinery and equipment | 23 | €3,116 | €616 | -€2,500 | -80.2% |
| Furniture and vehicles | 24 | €7,262 | €1,929 | -€5,333 | -73.4% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €168,142 | €194,384 | +€26,242 | +15.6% |
| Amounts receivable within one year | 40/41 | €141,703 | €174,849 | +€33,147 | +23.4% |
| Trade receivables | 40 | €131,248 | €164,398 | +€33,149 | +25.3% |
| Other amounts receivable | 41 | €10,454 | €10,451 | -€3 | 0.0% |
| Cash at bank and in hand | 54/58 | €25,040 | €18,160 | -€6,879 | -27.5% |
| Deferred charges and accrued income | 490/1 | €1,400 | €1,375 | -€26 | -1.8% |
| Total equity and liabilities | 10/49 | €628,455 | €647,156 | +€18,701 | +3.0% |
| Equity | 10/15 | €436,502 | €427,771 | -€8,730 | -2.0% |
| Contributions | 10/11 | €395,010 | €404,560 | +€9,550 | +2.4% |
| Reserves | 13 | €41,492 | €23,211 | -€18,280 | -44.1% |
| Distributable reserves | 133 | €41,492 | €23,211 | -€18,280 | -44.1% |
| Amounts payable | 17/49 | €191,953 | €219,385 | +€27,432 | +14.3% |
| Amounts payable after more than one year | 17 | €124,996 | €141,201 | +€16,204 | +13.0% |
| Financial debts | 170/4 | €124,996 | €141,201 | +€16,204 | +13.0% |
| Amounts payable within one year | 42/48 | €66,956 | €78,025 | +€11,068 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €29,558 | €12,455 | -€17,103 | -57.9% |
| Trade debts | 44 | €6,047 | €6,412 | +€365 | +6.0% |
| Suppliers | 440/4 | €6,047 | €6,412 | +€365 | +6.0% |
| Taxes, remuneration and social security | 45 | €609 | €2,902 | +€2,294 | +377% |
| Taxes | 450/3 | - | €1,933 | +€1,933 | |
| Remuneration and social security | 454/9 | €609 | €969 | +€361 | +59.2% |
| Other amounts payable | 47/48 | €30,743 | €56,256 | +€25,513 | +83.0% |
| Accrued charges and deferred income | 492/3 | €0 | €159 | +€159 | |
| Remuneration, social security and pensions | 62 | €8,882 | €16,370 | +€7,488 | +84.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,948 | €31,444 | -€9,504 | -23.2% |
| Other operating charges | 640/8 | €595 | €6,026 | +€5,430 | +913% |
| Non-recurring operating charges | 66A | €1,916 | €1,092 | -€824 | -43.0% |
| Gross operating margin | 9900 | €53,330 | €43,379 | -€9,951 | -18.7% |
| Operating profit (loss) | 9901 | €988 | -€11,553 | -€12,541 | |
| Financial income | 75/76B | €10 | €63 | +€53 | +532% |
| Recurring financial income | 75 | €10 | €63 | +€53 | +532% |
| Financial charges | 65/66B | €3,169 | €6,791 | +€3,621 | +114% |
| Recurring financial charges | 65 | €3,169 | €6,791 | +€3,621 | +114% |
| Profit (loss) for the period before taxes | 9903 | -€2,171 | -€18,280 | -€16,110 | -742% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€2,171 | -€18,280 | -€16,110 | -742% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,171 | -€18,280 | -€16,110 | -742% |
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 17 October 2026 via checked.be.