DACEGI: 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.
DACEGI
Largest movements
- Receivables within one year -€73,779
down €73,779 (-62.3%), from €118,381 to €44,602
of which Other amounts receivable: -€37,306
- Cash -€1,967
down €1,967 (-83.0%), from €2,370 to €403
mainly Trade debts (-€87,758) and Net result for the year (-€28,830)
- Trade debts -€87,758
down €87,758 (-8.0%), from €1.1m to €1.0m
- Other debts +€63,982
up €63,982 (+53.1%), from €120,460 to €184,442
- Profit (loss) carried forward -€28,830
down €28,830 (-1.8%), from -€1.6m to -€1.6m
- Tax, wage and social debts -€23,140
down €23,140 (-63.4%), from €36,487 to €13,347
of which Remuneration and social security: -€23,139
- Turnover -€4.1m
no longer reported in 2025 (was €4.1m)
- Purchases and services -€3.9m
down €3.9m (-98.0%), from €4.0m to €78,946
- Gross operating margin -€625,990
down €625,990, from €622,388 to -€3,602
- Staff costs -€451,379
down €451,379 (-95.3%), from €473,497 to €22,118
- Financial charges -€110,303
down €110,303 (-97.5%), from €113,187 to €2,884
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 | €161,901 | €86,155 | -€75,746 | -46.8% |
| Fixed assets | 21/28 | €41,150 | €41,150 | = | 0.0% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Financial fixed assets | 28 | €41,150 | €41,150 | = | 0.0% |
| Current assets | 29/58 | €120,750 | €45,004 | -€75,746 | -62.7% |
| Amounts receivable within one year | 40/41 | €118,381 | €44,602 | -€73,779 | -62.3% |
| Trade receivables | 40 | €78,410 | €41,936 | -€36,473 | -46.5% |
| Other amounts receivable | 41 | €39,971 | €2,666 | -€37,306 | -93.3% |
| Cash at bank and in hand | 54/58 | €2,370 | €403 | -€1,967 | -83.0% |
| Total equity and liabilities | 10/49 | €161,901 | €86,155 | -€75,746 | -46.8% |
| Equity | 10/15 | -€1,088,727 | -€1,117,557 | -€28,830 | -2.6% |
| Contributions | 10/11 | €489,000 | €489,000 | = | 0.0% |
| Capital | 10 | €489,000 | €489,000 | = | 0.0% |
| Issued capital | 100 | €489,000 | €489,000 | = | 0.0% |
| Reserves | 13 | €13,882 | €13,882 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,882 | €13,882 | = | 0.0% |
| Legal reserve | 130 | €13,882 | €13,882 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,591,609 | -€1,620,439 | -€28,830 | -1.8% |
| Amounts payable | 17/49 | €1,250,627 | €1,203,712 | -€46,916 | -3.8% |
| Amounts payable within one year | 42/48 | €1,250,627 | €1,203,712 | -€46,916 | -3.8% |
| Trade debts | 44 | €1,093,680 | €1,005,922 | -€87,758 | -8.0% |
| Suppliers | 440/4 | €1,093,680 | €1,005,922 | -€87,758 | -8.0% |
| Taxes, remuneration and social security | 45 | €36,487 | €13,347 | -€23,140 | -63.4% |
| Taxes | 450/3 | €8,746 | €8,745 | -€1 | 0.0% |
| Remuneration and social security | 454/9 | €27,741 | €4,602 | -€23,139 | -83.4% |
| Other amounts payable | 47/48 | €120,460 | €184,442 | +€63,982 | +53.1% |
| Turnover | 70 | €4,056,305 | - | -€4.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,007,535 | €78,946 | -€3.9m | -98.0% |
| Remuneration, social security and pensions | 62 | €473,497 | €22,118 | -€451,379 | -95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €23,753 | €227 | -€23,526 | -99.0% |
| Gross operating margin | 9900 | €622,388 | -€3,602 | -€625,990 | |
| Operating profit (loss) | 9901 | €125,138 | -€25,947 | -€151,085 | |
| Financial income | 75/76B | €4,923 | - | -€4,923 | |
| Recurring financial income | 75 | €4,923 | - | -€4,923 | |
| Financial charges | 65/66B | €113,187 | €2,884 | -€110,303 | -97.5% |
| Recurring financial charges | 65 | €113,187 | €2,884 | -€110,303 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €16,875 | -€28,830 | -€45,705 | |
| Profit (loss) for the period | 9904 | €16,875 | -€28,830 | -€45,705 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,875 | -€28,830 | -€45,705 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.