DACO CONSTRUCTIONS: 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.
DACO CONSTRUCTIONS
Largest movements
- Tangible fixed assets +€57,354
up €57,354 (+48.2%), from €119,075 to €176,429
of which Leasing and similar rights: +€51,810
- Cash -€5,523
down €5,523 (-13.2%), from €41,803 to €36,279
mainly Investment in fixed assets (net) (-€120,040) and Contributions, distributions and other (-€17,801)
- Receivables within one year +€5,499
up €5,499 (+29.5%), from €18,662 to €24,162
of which Trade receivables: +€3,426
- Deferred charges and accrued income +€4,558
up €4,558 (+135.6%), from €3,361 to €7,919
- Debts after one year +€28,735
up €28,735 (+102.8%), from €27,949 to €56,683
- Other debts +€16,860
up €16,860 (+151.9%), from €11,098 to €27,957
- Short-term financial debts +€10,821
up €10,821 (+164.7%), from €6,570 to €17,391
- Current portion of long-term debt +€5,668
up €5,668 (+35.5%), from €15,986 to €21,654
- Tax, wage and social debts +€4,652
up €4,652 (+157.0%), from €2,963 to €7,615
of which Taxes: +€5,215
- Gross operating margin +€7,013
up €7,013 (+8.9%), from €78,935 to €85,948
- Staff costs -€5,276
down €5,276 (-72.9%), from €7,240 to €1,964
- Financial charges +€2,846
up €2,846 (+126.8%), from €2,244 to €5,090
- Financial income +€2,646
up €2,646 (+359.2%), from €737 to €3,383
- Depreciation -€2,632
down €2,632 (-4.0%), from €65,118 to €62,486
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 | €184,771 | €245,679 | +€60,908 | +33.0% |
| Fixed assets | 21/28 | €119,410 | €176,964 | +€57,554 | +48.2% |
| Tangible fixed assets | 22/27 | €119,075 | €176,429 | +€57,354 | +48.2% |
| Plant, machinery and equipment | 23 | €16,779 | €41,639 | +€24,860 | +148.2% |
| Furniture and vehicles | 24 | €44,842 | €25,526 | -€19,316 | -43.1% |
| Leasing and similar rights | 25 | €57,454 | €109,263 | +€51,810 | +90.2% |
| Financial fixed assets | 28 | €335 | €535 | +€200 | +59.7% |
| Current assets | 29/58 | €65,361 | €68,715 | +€3,355 | +5.1% |
| Stocks and contracts in progress | 3 | €1,535 | €355 | -€1,180 | -76.9% |
| Stocks | 30/36 | €1,535 | €355 | -€1,180 | -76.9% |
| Amounts receivable within one year | 40/41 | €18,662 | €24,162 | +€5,499 | +29.5% |
| Trade receivables | 40 | €10,071 | €13,496 | +€3,426 | +34.0% |
| Other amounts receivable | 41 | €8,592 | €10,665 | +€2,074 | +24.1% |
| Cash at bank and in hand | 54/58 | €41,803 | €36,279 | -€5,523 | -13.2% |
| Deferred charges and accrued income | 490/1 | €3,361 | €7,919 | +€4,558 | +135.6% |
| Total equity and liabilities | 10/49 | €184,771 | €245,679 | +€60,908 | +33.0% |
| Equity | 10/15 | €115,708 | €111,380 | -€4,328 | -3.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €107,708 | €103,167 | -€4,541 | -4.2% |
| Distributable reserves | 133 | €107,708 | €103,167 | -€4,541 | -4.2% |
| Investment grants | 15 | - | €213 | +€213 | |
| Amounts payable | 17/49 | €69,063 | €134,299 | +€65,236 | +94.5% |
| Amounts payable after more than one year | 17 | €27,949 | €56,683 | +€28,735 | +102.8% |
| Financial debts | 170/4 | €27,949 | €56,683 | +€28,735 | +102.8% |
| Amounts payable within one year | 42/48 | €41,029 | €77,615 | +€36,586 | +89.2% |
| Current portion of amounts payable after more than one year | 42 | €15,986 | €21,654 | +€5,668 | +35.5% |
| Financial debts | 43 | €6,570 | €17,391 | +€10,821 | +164.7% |
| Other loans | 439 | €6,570 | €17,391 | +€10,821 | +164.7% |
| Trade debts | 44 | €4,413 | €2,998 | -€1,415 | -32.1% |
| Suppliers | 440/4 | €4,413 | €2,998 | -€1,415 | -32.1% |
| Taxes, remuneration and social security | 45 | €2,963 | €7,615 | +€4,652 | +157.0% |
| Taxes | 450/3 | €2,400 | €7,615 | +€5,215 | +217.3% |
| Remuneration and social security | 454/9 | €563 | €0 | -€563 | -100.0% |
| Other amounts payable | 47/48 | €11,098 | €27,957 | +€16,860 | +151.9% |
| Accrued charges and deferred income | 492/3 | €85 | €0 | -€85 | -100.0% |
| Remuneration, social security and pensions | 62 | €7,240 | €1,964 | -€5,276 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,118 | €62,486 | -€2,632 | -4.0% |
| Other operating charges | 640/8 | €1,605 | €2,257 | +€652 | +40.7% |
| Gross operating margin | 9900 | €78,935 | €85,948 | +€7,013 | +8.9% |
| Operating profit (loss) | 9901 | €4,972 | €19,241 | +€14,269 | +287.0% |
| Financial income | 75/76B | €737 | €3,383 | +€2,646 | +359.2% |
| Recurring financial income | 75 | €737 | €3,383 | +€2,646 | +359.2% |
| Financial charges | 65/66B | €2,244 | €5,090 | +€2,846 | +126.8% |
| Recurring financial charges | 65 | €2,244 | €5,090 | +€2,846 | +126.8% |
| Profit (loss) for the period before taxes | 9903 | €3,465 | €17,534 | +€14,069 | +406.1% |
| Income taxes | 67/77 | €2,306 | €4,061 | +€1,756 | +76.1% |
| Profit (loss) for the period | 9904 | €1,159 | €13,473 | +€12,314 | +1062.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,159 | €13,473 | +€12,314 | +1062.3% |
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 8 October 2026 via checked.be.