DAC-Systems: 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.
DAC-Systems
Largest movements
- Tangible fixed assets +€40,832
up €40,832 (+11.3%), from €362,431 to €403,263
of which Furniture and vehicles: +€65,225
- Cash +€33,192
up €33,192 (+132.8%), from €24,989 to €58,180
mainly Depreciation (+€42,297) and Other debts (+€37,502)
- Stocks and contracts -€25,814
down €25,814 (-30.0%), from €86,180 to €60,365
of which Contracts in progress: -€21,000
- Receivables after one year -€17,100
no longer reported in 2025 (was €17,100)
- Reserves -€50,420
down €50,420 (-19.0%), from €265,736 to €215,316
- Other debts +€37,502
up €37,502 (+2139.2%), from €1,753 to €39,255
- Current portion of long-term debt +€16,229
up €16,229 (+59.7%), from €27,191 to €43,420
- Debts after one year +€10,042
up €10,042 (+5.0%), from €200,740 to €210,782
- Tax, wage and social debts +€7,152
up €7,152 (+65.0%), from €11,002 to €18,153
of which Remuneration and social security: +€7,295
- Staff costs +€42,592
up €42,592 (+41.6%), from €102,403 to €144,995
- Depreciation +€13,200
up €13,200 (+45.4%), from €29,097 to €42,297
- Taxes -€11,259
down €11,259 (-78.9%), from €14,278 to €3,019
- Gross operating margin -€5,948
down €5,948 (-2.8%), from €215,980 to €210,032
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 | €568,520 | €600,348 | +€31,828 | +5.6% |
| Fixed assets | 21/28 | €362,431 | €403,263 | +€40,832 | +11.3% |
| Tangible fixed assets | 22/27 | €362,431 | €403,263 | +€40,832 | +11.3% |
| Land and buildings | 22 | €279,453 | €267,875 | -€11,578 | -4.1% |
| Plant, machinery and equipment | 23 | €7,506 | €6,877 | -€628 | -8.4% |
| Furniture and vehicles | 24 | €10,772 | €75,997 | +€65,225 | +605.5% |
| Leasing and similar rights | 25 | €33,663 | €22,015 | -€11,648 | -34.6% |
| Other tangible fixed assets | 26 | €31,037 | €30,499 | -€538 | -1.7% |
| Current assets | 29/58 | €206,089 | €197,085 | -€9,004 | -4.4% |
| Amounts receivable after more than one year | 29 | €17,100 | - | -€17,100 | |
| Other amounts receivable | 291 | €17,100 | - | -€17,100 | |
| Stocks and contracts in progress | 3 | €86,180 | €60,365 | -€25,814 | -30.0% |
| Stocks | 30/36 | €25,180 | €20,365 | -€4,814 | -19.1% |
| Contracts in progress | 37 | €61,000 | €40,000 | -€21,000 | -34.4% |
| Amounts receivable within one year | 40/41 | €76,661 | €77,371 | +€711 | +0.9% |
| Trade receivables | 40 | €59,835 | €49,516 | -€10,319 | -17.2% |
| Other amounts receivable | 41 | €16,826 | €27,855 | +€11,030 | +65.6% |
| Cash at bank and in hand | 54/58 | €24,989 | €58,180 | +€33,192 | +132.8% |
| Deferred charges and accrued income | 490/1 | €1,161 | €1,169 | +€8 | +0.7% |
| Total equity and liabilities | 10/49 | €568,520 | €600,348 | +€31,828 | +5.6% |
| Equity | 10/15 | €267,643 | €217,233 | -€50,410 | -18.8% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €265,736 | €215,316 | -€50,420 | -19.0% |
| Distributable reserves | 133 | €265,736 | €215,316 | -€50,420 | -19.0% |
| Profit (loss) carried forward | 14 | €47 | €57 | +€10 | +21.0% |
| Amounts payable | 17/49 | €300,877 | €383,115 | +€82,238 | +27.3% |
| Amounts payable after more than one year | 17 | €200,740 | €210,782 | +€10,042 | +5.0% |
| Financial debts | 170/4 | €200,740 | €210,782 | +€10,042 | +5.0% |
| Amounts payable within one year | 42/48 | €100,137 | €172,006 | +€71,868 | +71.8% |
| Current portion of amounts payable after more than one year | 42 | €27,191 | €43,420 | +€16,229 | +59.7% |
| Trade debts | 44 | €60,192 | €64,900 | +€4,708 | +7.8% |
| Suppliers | 440/4 | €60,192 | €64,900 | +€4,708 | +7.8% |
| Advances received on contracts in progress | 46 | - | €6,278 | +€6,278 | |
| Taxes, remuneration and social security | 45 | €11,002 | €18,153 | +€7,152 | +65.0% |
| Taxes | 450/3 | €3,144 | €3,000 | -€144 | -4.6% |
| Remuneration and social security | 454/9 | €7,858 | €15,153 | +€7,295 | +92.8% |
| Other amounts payable | 47/48 | €1,753 | €39,255 | +€37,502 | +2139.2% |
| Accrued charges and deferred income | 492/3 | - | €328 | +€328 | |
| Remuneration, social security and pensions | 62 | €102,403 | €144,995 | +€42,592 | +41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,097 | €42,297 | +€13,200 | +45.4% |
| Other operating charges | 640/8 | €1,438 | €2,556 | +€1,118 | +77.8% |
| Gross operating margin | 9900 | €215,980 | €210,032 | -€5,948 | -2.8% |
| Operating profit (loss) | 9901 | €83,043 | €20,184 | -€62,859 | -75.7% |
| Financial income | 75/76B | €824 | €730 | -€94 | -11.4% |
| Recurring financial income | 75 | €824 | €730 | -€94 | -11.4% |
| Financial charges | 65/66B | €12,082 | €11,704 | -€378 | -3.1% |
| Recurring financial charges | 65 | €12,082 | €11,704 | -€378 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €71,784 | €9,209 | -€62,575 | -87.2% |
| Income taxes | 67/77 | €14,278 | €3,019 | -€11,259 | -78.9% |
| Profit (loss) for the period | 9904 | €57,506 | €6,190 | -€51,316 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,506 | €6,190 | -€51,316 | -89.2% |
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 5 October 2026 via checked.be.