DAC-CONCEPT: 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.
DAC-CONCEPT
Largest movements
- Tangible fixed assets +€18,197
up €18,197 (+78.7%), from €23,128 to €41,325
of which Furniture and vehicles: +€14,755
- Cash -€6,919
down €6,919 (-6.0%), from €115,355 to €108,437
mainly Contributions, distributions and other (-€88,000) and Investment in fixed assets (net) (-€37,940)
- Receivables within one year -€5,675
down €5,675 (-12.7%), from €44,745 to €39,070
of which Other amounts receivable: -€6,338
- Stocks and contracts +€2,539
up €2,539 (+141.1%), from €1,799 to €4,338
- Reserves -€58,000
down €58,000 (-43.7%), from €132,860 to €74,860
- Other debts +€34,355
new in 2025: €34,355
- Debts after one year +€23,601
new in 2025: €23,601
- Tax, wage and social debts +€12,723
up €12,723 (+886.5%), from €1,435 to €14,158
of which Taxes: +€10,445
- Profit (loss) carried forward -€11,846
down €11,846 (-32.9%), from €36,061 to €24,215
- Staff costs -€44,554
down €44,554 (-51.0%), from €87,290 to €42,736
- Gross operating margin -€14,829
down €14,829 (-13.8%), from €107,345 to €92,516
- Depreciation +€8,408
up €8,408 (+88.9%), from €9,460 to €17,868
- Taxes +€7,095
up €7,095 (+252.6%), from €2,809 to €9,904
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 | €186,009 | €196,465 | +€10,456 | +5.6% |
| Fixed assets | 21/28 | €23,709 | €43,782 | +€20,072 | +84.7% |
| Tangible fixed assets | 22/27 | €23,128 | €41,325 | +€18,197 | +78.7% |
| Land and buildings | 22 | €1,178 | €820 | -€358 | -30.4% |
| Plant, machinery and equipment | 23 | €7,388 | €11,187 | +€3,800 | +51.4% |
| Furniture and vehicles | 24 | €14,562 | €29,318 | +€14,755 | +101.3% |
| Financial fixed assets | 28 | €581 | €2,456 | +€1,875 | +322.6% |
| Current assets | 29/58 | €162,300 | €152,683 | -€9,617 | -5.9% |
| Stocks and contracts in progress | 3 | €1,799 | €4,338 | +€2,539 | +141.1% |
| Stocks | 30/36 | €1,799 | €4,338 | +€2,539 | +141.1% |
| Amounts receivable within one year | 40/41 | €44,745 | €39,070 | -€5,675 | -12.7% |
| Trade receivables | 40 | €8,390 | €9,053 | +€663 | +7.9% |
| Other amounts receivable | 41 | €36,355 | €30,018 | -€6,338 | -17.4% |
| Cash at bank and in hand | 54/58 | €115,355 | €108,437 | -€6,919 | -6.0% |
| Deferred charges and accrued income | 490/1 | €400 | €838 | +€438 | +109.4% |
| Total equity and liabilities | 10/49 | €186,009 | €196,465 | +€10,456 | +5.6% |
| Equity | 10/15 | €175,121 | €105,275 | -€69,846 | -39.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €132,860 | €74,860 | -€58,000 | -43.7% |
| Distributable reserves | 133 | €132,860 | €74,860 | -€58,000 | -43.7% |
| Profit (loss) carried forward | 14 | €36,061 | €24,215 | -€11,846 | -32.9% |
| Amounts payable | 17/49 | €10,888 | €91,190 | +€80,302 | +737.5% |
| Amounts payable after more than one year | 17 | - | €23,601 | +€23,601 | |
| Financial debts | 170/4 | - | €23,601 | +€23,601 | |
| Amounts payable within one year | 42/48 | €10,888 | €67,589 | +€56,701 | +520.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,666 | +€3,666 | |
| Trade debts | 44 | €9,453 | €15,409 | +€5,956 | +63.0% |
| Suppliers | 440/4 | €9,453 | €15,409 | +€5,956 | +63.0% |
| Taxes, remuneration and social security | 45 | €1,435 | €14,158 | +€12,723 | +886.5% |
| Taxes | 450/3 | - | €10,445 | +€10,445 | |
| Remuneration and social security | 454/9 | €1,435 | €3,713 | +€2,278 | +158.7% |
| Other amounts payable | 47/48 | - | €34,355 | +€34,355 | |
| Remuneration, social security and pensions | 62 | €87,290 | €42,736 | -€44,554 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,460 | €17,868 | +€8,408 | +88.9% |
| Other operating charges | 640/8 | €1,670 | €2,256 | +€586 | +35.1% |
| Gross operating margin | 9900 | €107,345 | €92,516 | -€14,829 | -13.8% |
| Operating profit (loss) | 9901 | €8,925 | €29,656 | +€20,731 | +232.3% |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €819 | €1,641 | +€822 | +100.5% |
| Recurring financial charges | 65 | €819 | €1,641 | +€822 | +100.5% |
| Profit (loss) for the period before taxes | 9903 | €8,106 | €28,058 | +€19,951 | +246.1% |
| Income taxes | 67/77 | €2,809 | €9,904 | +€7,095 | +252.6% |
| Profit (loss) for the period | 9904 | €5,297 | €18,154 | +€12,856 | +242.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,297 | €18,154 | +€12,856 | +242.7% |
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 10 October 2026 via checked.be.