DACASO: 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.
DACASO
Largest movements
- Current investments +€2.1m
new in 2025: €2.1m
- Receivables after one year +€764,182
new in 2025: €764,182
- Cash +€70,533
up €70,533 (+1445.8%), from €4,879 to €75,411
mainly Contributions, distributions and other (+€4.1m) and Depreciation (+€39,181)
- Reserves +€3.9m
new in 2025: €3.9m
of which Distributable reserves: +€3.9m
- Debts after one year -€1.2m
no longer reported in 2025 (was €1.2m)
- Profit (loss) carried forward +€134,290
no longer reported in 2025 (was -€134,290)
- Gross operating margin -€371,834
down €371,834 (-88.5%), from €419,949 to €48,115
- Depreciation -€11,900
down €11,900 (-23.3%), from €51,081 to €39,181
- Financial charges -€8,779
down €8,779 (-48.7%), from €18,038 to €9,259
- Financial income +€5,652
new in 2025: €5,652
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 | €1,100,813 | €4,022,283 | +€2.9m | +265.4% |
| Fixed assets | 21/28 | €1,095,934 | €1,061,002 | -€34,932 | -3.2% |
| Tangible fixed assets | 22/27 | €1,093,834 | €1,058,902 | -€34,932 | -3.2% |
| Land and buildings | 22 | €1,092,118 | €1,054,605 | -€37,513 | -3.4% |
| Plant, machinery and equipment | 23 | €1,716 | €3,547 | +€1,831 | +106.7% |
| Furniture and vehicles | 24 | - | €750 | +€750 | |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €4,879 | €2,961,281 | +€3.0m | +60599.1% |
| Amounts receivable after more than one year | 29 | - | €764,182 | +€764,182 | |
| Other amounts receivable | 291 | - | €764,182 | +€764,182 | |
| Amounts receivable within one year | 40/41 | - | €378 | +€378 | |
| Other amounts receivable | 41 | - | €378 | +€378 | |
| Current investments | 50/53 | - | €2,121,309 | +€2.1m | |
| Cash at bank and in hand | 54/58 | €4,879 | €75,411 | +€70,533 | +1445.8% |
| Total equity and liabilities | 10/49 | €1,100,813 | €4,022,283 | +€2.9m | +265.4% |
| Equity | 10/15 | -€115,690 | €3,959,349 | +€4.1m | |
| Contributions | 10/11 | €18,600 | €37,192 | +€18,592 | +100.0% |
| Reserves | 13 | - | €3,922,157 | +€3.9m | |
| Tax-exempt reserves | 132 | - | €50,923 | +€50,923 | |
| Distributable reserves | 133 | - | €3,871,234 | +€3.9m | |
| Profit (loss) carried forward | 14 | -€134,290 | - | +€134,290 | |
| Amounts payable | 17/49 | €1,216,503 | €62,934 | -€1.2m | -94.8% |
| Amounts payable after more than one year | 17 | €1,196,564 | - | -€1.2m | |
| Financial debts | 170/4 | €1,196,564 | - | -€1.2m | |
| Amounts payable within one year | 42/48 | €19,064 | €59,641 | +€40,577 | +212.8% |
| Current portion of amounts payable after more than one year | 42 | - | €26,697 | +€26,697 | |
| Other amounts payable | 47/48 | €19,064 | €32,945 | +€13,881 | +72.8% |
| Accrued charges and deferred income | 492/3 | €875 | €3,293 | +€2,418 | +276.3% |
| Non-recurring operating income | 76A | €373,425 | - | -€373,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,081 | €39,181 | -€11,900 | -23.3% |
| Other operating charges | 640/8 | €3,799 | €3,748 | -€51 | -1.3% |
| Gross operating margin | 9900 | €419,949 | €48,115 | -€371,834 | -88.5% |
| Operating profit (loss) | 9901 | €365,069 | €5,186 | -€359,884 | -98.6% |
| Financial income | 75/76B | - | €5,652 | +€5,652 | |
| Recurring financial income | 75 | - | €5,652 | +€5,652 | |
| Financial charges | 65/66B | €18,038 | €9,259 | -€8,779 | -48.7% |
| Recurring financial charges | 65 | €18,038 | €9,259 | -€8,779 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €347,031 | €1,578 | -€345,453 | -99.5% |
| Income taxes | 67/77 | - | €5 | +€5 | |
| Profit (loss) for the period | 9904 | €347,031 | €1,573 | -€345,458 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €347,031 | €1,573 | -€345,458 | -99.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.