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DACO Construct: 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.

What changed

DACO Construct

BE 0680.427.284
NACE 43.211, General electrical installation work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€24,663
2023 · €6,568+€18,095
Equity
€70,079
2023 · €45,417+€24,663
Cash
€63,356
2023 · €40,925+€22,431
Balance sheet total
€73,081
2023 · €53,326+€19,755

Largest movements

2023 to 2024
Assets
  • Cash +€22,431

    up €22,431 (+54.8%), from €40,925 to €63,356

    mainly Net result for the year (+€24,663) and Depreciation (+€1,944)

  • Tangible fixed assets -€1,944

    down €1,944 (-31.4%), from €6,185 to €4,241

    of which Plant, machinery and equipment: -€1,679

  • Receivables within one year -€828

    down €828 (-17.2%), from €4,809 to €3,981

    of which Trade receivables: -€1,496

Equity and liabilities
  • Reserves +€24,663

    up €24,663 (+92.0%), from €26,817 to €51,479

  • Tax, wage and social debts -€4,224

    down €4,224 (-61.9%), from €6,825 to €2,601

    of which Remuneration and social security: -€4,000

  • Trade debts -€871

    down €871 (-87.2%), from €999 to €128

Income statement
  • Gross operating margin +€21,508

    up €21,508 (+152.5%), from €14,101 to €35,609

  • Taxes +€4,776

    up €4,776 (+169.1%), from €2,825 to €7,601

  • Depreciation -€1,875

    down €1,875 (-49.1%), from €3,819 to €1,944

  • Other operating charges +€453

    up €453 (+55.7%), from €813 to €1,266

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €6,568
Gross operating margin +€21,508
Depreciation +€1,875
Other operating charges -€453
Financial income +€0
Financial charges -€59
Taxes -€4,776
Result 2024 €24,663

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€22,431
Investment €0
Financing €0
Cash 2023 €40,925
Net result for the year +€24,663
Depreciation +€1,944
Receivables within one year +€828
Deferred charges and accrued income -€96
Trade debts -€871
Tax, wage and social debts -€4,224
Accrued charges and deferred income +€187
Cash 2024 €63,356
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €53,326 €73,081 +€19,755 +37.0%
Fixed assets 21/28 €6,185 €4,241 -€1,944 -31.4%
Tangible fixed assets 22/27 €6,185 €4,241 -€1,944 -31.4%
Plant, machinery and equipment 23 €5,700 €4,021 -€1,679 -29.5%
Furniture and vehicles 24 €485 €221 -€265 -54.6%
Current assets 29/58 €47,141 €68,839 +€21,699 +46.0%
Amounts receivable within one year 40/41 €4,809 €3,981 -€828 -17.2%
Trade receivables 40 €3,148 €1,652 -€1,496 -47.5%
Other amounts receivable 41 €1,661 €2,329 +€668 +40.2%
Cash at bank and in hand 54/58 €40,925 €63,356 +€22,431 +54.8%
Deferred charges and accrued income 490/1 €1,407 €1,503 +€96 +6.8%
Total equity and liabilities 10/49 €53,326 €73,081 +€19,755 +37.0%
Equity 10/15 €45,417 €70,079 +€24,663 +54.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €26,817 €51,479 +€24,663 +92.0%
Distributable reserves 133 €26,817 €51,479 +€24,663 +92.0%
Amounts payable 17/49 €7,909 €3,001 -€4,908 -62.1%
Amounts payable within one year 42/48 €7,909 €2,815 -€5,095 -64.4%
Trade debts 44 €999 €128 -€871 -87.2%
Suppliers 440/4 €999 €128 -€871 -87.2%
Taxes, remuneration and social security 45 €6,825 €2,601 -€4,224 -61.9%
Taxes 450/3 €2,825 €2,601 -€224 -7.9%
Remuneration and social security 454/9 €4,000 - -€4,000
Other amounts payable 47/48 €85 €85 = 0.0%
Accrued charges and deferred income 492/3 - €187 +€187
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,819 €1,944 -€1,875 -49.1%
Other operating charges 640/8 €813 €1,266 +€453 +55.7%
Gross operating margin 9900 €14,101 €35,609 +€21,508 +152.5%
Operating profit (loss) 9901 €9,469 €32,399 +€22,930 +242.2%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €76 €135 +€59 +78.1%
Recurring financial charges 65 €76 €135 +€59 +78.1%
Profit (loss) for the period before taxes 9903 €9,393 €32,264 +€22,871 +243.5%
Income taxes 67/77 €2,825 €7,601 +€4,776 +169.1%
Profit (loss) for the period 9904 €6,568 €24,663 +€18,095 +275.5%
Profit (loss) for the period to be appropriated 9905 €6,568 €24,663 +€18,095 +275.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.