DACETO: 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.
DACETO
Largest movements
- Receivables within one year +€148,546
up €148,546 (+90.2%), from €164,725 to €313,271
of which Other amounts receivable: +€177,076
- Cash +€76,882
up €76,882 (+85.7%), from €89,695 to €166,577
mainly Net result for the year (+€605,057) and Tax, wage and social debts (+€32,671)
- Reserves +€283,868
up €283,868 (+40.7%), from €697,855 to €981,724
- Debts after one year -€107,143
down €107,143 (-50.0%), from €214,286 to €107,143
- Tax, wage and social debts +€32,671
up €32,671 (+93.6%), from €34,898 to €67,569
- Financial income +€518,319
up €518,319 (+511%), from €101,438 to €619,756
- Taxes +€40,551
up €40,551 (+119%), from €33,953 to €74,504
- Gross operating margin -€18,717
down €18,717 (-20.7%), from €90,392 to €71,675
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 | €2,358,301 | €2,582,102 | +€223,801 | +9.5% |
| Fixed assets | 21/28 | €2,096,129 | €2,101,974 | +€5,845 | +0.3% |
| Tangible fixed assets | 22/27 | €21,129 | €26,974 | +€5,845 | +27.7% |
| Land and buildings | 22 | €17,719 | €13,564 | -€4,155 | -23.4% |
| Furniture and vehicles | 24 | €3,410 | €13,410 | +€10,000 | +293% |
| Financial fixed assets | 28 | €2,075,000 | €2,075,000 | = | 0.0% |
| Current assets | 29/58 | €262,172 | €480,128 | +€217,956 | +83.1% |
| Amounts receivable within one year | 40/41 | €164,725 | €313,271 | +€148,546 | +90.2% |
| Trade receivables | 40 | €29,766 | €1,236 | -€28,530 | -95.8% |
| Other amounts receivable | 41 | €134,959 | €312,035 | +€177,076 | +131% |
| Cash at bank and in hand | 54/58 | €89,695 | €166,577 | +€76,882 | +85.7% |
| Deferred charges and accrued income | 490/1 | €7,752 | €279 | -€7,472 | -96.4% |
| Total equity and liabilities | 10/49 | €2,358,301 | €2,582,102 | +€223,801 | +9.5% |
| Equity | 10/15 | €1,988,355 | €2,272,224 | +€283,868 | +14.3% |
| Contributions | 10/11 | €1,290,500 | €1,290,500 | = | 0.0% |
| Reserves | 13 | €697,855 | €981,724 | +€283,868 | +40.7% |
| Distributable reserves | 133 | €697,855 | €981,724 | +€283,868 | +40.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €369,945 | €309,878 | -€60,068 | -16.2% |
| Amounts payable after more than one year | 17 | €214,286 | €107,143 | -€107,143 | -50.0% |
| Financial debts | 170/4 | €214,286 | €107,143 | -€107,143 | -50.0% |
| Amounts payable within one year | 42/48 | €154,826 | €199,700 | +€44,874 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €107,143 | €111,709 | +€4,566 | +4.3% |
| Trade debts | 44 | €12,664 | €19,519 | +€6,855 | +54.1% |
| Suppliers | 440/4 | €12,664 | €19,519 | +€6,855 | +54.1% |
| Taxes, remuneration and social security | 45 | €34,898 | €67,569 | +€32,671 | +93.6% |
| Taxes | 450/3 | €34,898 | €67,569 | +€32,671 | +93.6% |
| Other amounts payable | 47/48 | €121 | €903 | +€782 | +648% |
| Accrued charges and deferred income | 492/3 | €834 | €3,035 | +€2,201 | +264% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,567 | €5,595 | +€28 | +0.5% |
| Other operating charges | 640/8 | €3,334 | €2,894 | -€440 | -13.2% |
| Gross operating margin | 9900 | €90,392 | €71,675 | -€18,717 | -20.7% |
| Operating profit (loss) | 9901 | €81,491 | €63,186 | -€18,305 | -22.5% |
| Financial income | 75/76B | €101,438 | €619,756 | +€518,319 | +511% |
| Recurring financial income | 75 | €101,438 | €619,756 | +€518,319 | +511% |
| Financial charges | 65/66B | €4,092 | €3,382 | -€710 | -17.4% |
| Recurring financial charges | 65 | €4,092 | €3,382 | -€710 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €178,837 | €679,561 | +€500,724 | +280% |
| Income taxes | 67/77 | €33,953 | €74,504 | +€40,551 | +119% |
| Profit (loss) for the period | 9904 | €144,884 | €605,057 | +€460,173 | +318% |
| Profit (loss) for the period to be appropriated | 9905 | €144,884 | €605,057 | +€460,173 | +318% |
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 25 October 2026 via checked.be.