DAC Group: 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 Group
Largest movements
- Receivables within one year -€38,628
down €38,628 (-45.7%), from €84,454 to €45,826
of which Other amounts receivable: -€53,235
- Debts after one year -€600,000
down €600,000 (-52.2%), from €1.2m to €550,000
of which Other amounts payable: -€350,000
- Profit (loss) carried forward +€354,075
up €354,075, from €0 to €354,075
- Other debts +€180,000
new in 2025: €180,000
- Financial income +€75,000
up €75,000 (+30.0%), from €250,000 to €325,000
- Financial charges -€11,902
down €11,902 (-33.6%), from €35,449 to €23,547
- Gross operating margin -€11,594
down €11,594 (-15.4%), from €75,415 to €63,821
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 | €2,463,810 | €2,406,444 | -€57,366 | -2.3% |
| Fixed assets | 21/28 | €2,350,000 | €2,350,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,350,000 | €2,350,000 | = | 0.0% |
| Current assets | 29/58 | €113,810 | €56,444 | -€57,366 | -50.4% |
| Amounts receivable within one year | 40/41 | €84,454 | €45,826 | -€38,628 | -45.7% |
| Trade receivables | 40 | €26,620 | €41,227 | +€14,607 | +54.9% |
| Other amounts receivable | 41 | €57,834 | €4,599 | -€53,235 | -92.0% |
| Cash at bank and in hand | 54/58 | €29,056 | €10,318 | -€18,738 | -64.5% |
| Deferred charges and accrued income | 490/1 | €300 | €300 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,463,810 | €2,406,444 | -€57,366 | -2.3% |
| Equity | 10/15 | €1,020,319 | €1,374,394 | +€354,075 | +34.7% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €820,319 | €820,319 | = | 0.0% |
| Distributable reserves | 133 | €820,319 | €820,319 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €354,075 | +€354,075 | |
| Amounts payable | 17/49 | €1,443,490 | €1,032,050 | -€411,441 | -28.5% |
| Amounts payable after more than one year | 17 | €1,150,000 | €550,000 | -€600,000 | -52.2% |
| Financial debts | 170/4 | €500,000 | €250,000 | -€250,000 | -50.0% |
| Other amounts payable | 178/9 | €650,000 | €300,000 | -€350,000 | -53.8% |
| Amounts payable within one year | 42/48 | €279,868 | €451,637 | +€171,768 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €20,052 | €17,177 | -€2,875 | -14.3% |
| Suppliers | 440/4 | €20,052 | €17,177 | -€2,875 | -14.3% |
| Taxes, remuneration and social security | 45 | €9,816 | €4,459 | -€5,357 | -54.6% |
| Taxes | 450/3 | €9,816 | €4,459 | -€5,357 | -54.6% |
| Other amounts payable | 47/48 | - | €180,000 | +€180,000 | |
| Accrued charges and deferred income | 492/3 | €13,622 | €30,413 | +€16,791 | +123% |
| Other operating charges | 640/8 | €1,181 | €1,216 | +€35 | +2.9% |
| Gross operating margin | 9900 | €75,415 | €63,821 | -€11,594 | -15.4% |
| Operating profit (loss) | 9901 | €74,234 | €62,605 | -€11,629 | -15.7% |
| Financial income | 75/76B | €250,000 | €325,000 | +€75,000 | +30.0% |
| Recurring financial income | 75 | €250,000 | €325,000 | +€75,000 | +30.0% |
| Financial charges | 65/66B | €35,449 | €23,547 | -€11,902 | -33.6% |
| Recurring financial charges | 65 | €35,449 | €23,547 | -€11,902 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €288,785 | €364,058 | +€75,273 | +26.1% |
| Income taxes | 67/77 | €10,182 | €9,984 | -€198 | -1.9% |
| Profit (loss) for the period | 9904 | €278,603 | €354,075 | +€75,471 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €278,603 | €354,075 | +€75,471 | +27.1% |
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 13 October 2026 via checked.be.