DACOL: 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.
What changed
DACOL
NACE 43.333, Wallpapering and laying of floor and wall coverings in other materials
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€9,767
2024 · €13,694-€3,927
Equity
€77,467
2024 · €67,700+€9,767
Cash
€89,140
2024 · €99,605-€10,465
Balance sheet total
€1.0m
2024 · €1.5m-€465,562
Largest movements
Assets
- Receivables within one year -€481,766
down €481,766 (-41.5%), from €1.2m to €680,293
of which Other amounts receivable: -€344,214
- Tangible fixed assets +€47,756
up €47,756 (+160%), from €29,826 to €77,582
of which Furniture and vehicles: +€49,196
- Stocks and contracts -€19,528
down €19,528 (-11.7%), from €167,042 to €147,513
Equity and liabilities
- Other debts -€464,252
down €464,252 (-96.9%), from €479,252 to €15,000
- Trade debts -€247,245
down €247,245 (-62.0%), from €398,977 to €151,732
- Debts after one year +€208,312
up €208,312 (+45.4%), from €458,650 to €666,963
Income statement
- Gross operating margin -€94,596
down €94,596 (-18.0%), from €525,041 to €430,445
- Staff costs -€77,647
down €77,647 (-17.4%), from €445,124 to €367,477
- Financial charges +€7,113
up €7,113 (+32.4%), from €21,928 to €29,040
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.
Result 2024
€13,694
Gross operating margin
-€94,596
Staff costs
+€77,647
Depreciation
+€544
Other operating charges
-€1,945
Other operating items
+€26,758
Financial income
-€128
Financial charges
-€7,113
Taxes
-€5,093
Result 2025
€9,767
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€171,688
Investment
-€59,633
Financing
+€220,856
Cash 2024
€99,605
From operations (derived)
-€171,688
Net result for the year
+€9,767
Depreciation
+€13,383
Stocks and contracts
+€19,528
Receivables within one year
+€481,766
Deferred charges and accrued income
+€52
Trade debts
-€247,245
Tax, wage and social debts
+€4,020
Other debts
-€464,252
Accrued charges and deferred income
+€11,293
Investment (derived)
-€59,633
Investment in fixed assets (net)
-€59,633
Financing
+€220,856
Debts after one year
+€208,312
Current portion of long-term debt
+€12,544
Cash 2025
€89,140
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,489,972 | €1,024,410 | -€465,562 | -31.2% |
| Fixed assets | 21/28 | €59,501 | €105,751 | +€46,250 | +77.7% |
| Intangible fixed assets | 21 | - | €1,343 | +€1,343 | |
| Tangible fixed assets | 22/27 | €29,826 | €77,582 | +€47,756 | +160% |
| Plant, machinery and equipment | 23 | €2,592 | €1,153 | -€1,439 | -55.5% |
| Furniture and vehicles | 24 | €27,234 | €76,430 | +€49,196 | +181% |
| Financial fixed assets | 28 | €29,675 | €26,825 | -€2,850 | -9.6% |
| Current assets | 29/58 | €1,430,471 | €918,659 | -€511,811 | -35.8% |
| Stocks and contracts in progress | 3 | €167,042 | €147,513 | -€19,528 | -11.7% |
| Stocks | 30/36 | €167,042 | €147,513 | -€19,528 | -11.7% |
| Amounts receivable within one year | 40/41 | €1,162,059 | €680,293 | -€481,766 | -41.5% |
| Trade receivables | 40 | €467,534 | €329,982 | -€137,552 | -29.4% |
| Other amounts receivable | 41 | €694,524 | €350,311 | -€344,214 | -49.6% |
| Cash at bank and in hand | 54/58 | €99,605 | €89,140 | -€10,465 | -10.5% |
| Deferred charges and accrued income | 490/1 | €1,766 | €1,713 | -€52 | -3.0% |
| Total equity and liabilities | 10/49 | €1,489,972 | €1,024,410 | -€465,562 | -31.2% |
| Equity | 10/15 | €67,700 | €77,467 | +€9,767 | +14.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €9,767 | +€9,767 | |
| Amounts payable | 17/49 | €1,422,272 | €946,943 | -€475,329 | -33.4% |
| Amounts payable after more than one year | 17 | €458,650 | €666,963 | +€208,312 | +45.4% |
| Financial debts | 170/4 | €458,650 | €666,963 | +€208,312 | +45.4% |
| Amounts payable within one year | 42/48 | €963,621 | €268,688 | -€694,933 | -72.1% |
| Current portion of amounts payable after more than one year | 42 | €78,378 | €90,922 | +€12,544 | +16.0% |
| Trade debts | 44 | €398,977 | €151,732 | -€247,245 | -62.0% |
| Suppliers | 440/4 | €398,977 | €151,732 | -€247,245 | -62.0% |
| Taxes, remuneration and social security | 45 | €7,014 | €11,034 | +€4,020 | +57.3% |
| Taxes | 450/3 | €558 | €54 | -€504 | -90.2% |
| Remuneration and social security | 454/9 | €6,456 | €10,979 | +€4,524 | +70.1% |
| Other amounts payable | 47/48 | €479,252 | €15,000 | -€464,252 | -96.9% |
| Accrued charges and deferred income | 492/3 | €0 | €11,293 | +€11,293 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €445,124 | €367,477 | -€77,647 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,927 | €13,383 | -€544 | -3.9% |
| Other operating charges | 640/8 | €3,529 | €5,474 | +€1,945 | +55.1% |
| Non-recurring operating charges | 66A | €26,758 | €0 | -€26,758 | -100% |
| Gross operating margin | 9900 | €525,041 | €430,445 | -€94,596 | -18.0% |
| Operating profit (loss) | 9901 | €35,704 | €44,111 | +€8,408 | +23.5% |
| Financial income | 75/76B | €162 | €34 | -€128 | -79.2% |
| Recurring financial income | 75 | €162 | €34 | -€128 | -79.2% |
| Financial charges | 65/66B | €21,928 | €29,040 | +€7,113 | +32.4% |
| Recurring financial charges | 65 | €21,928 | €29,040 | +€7,113 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €13,938 | €15,104 | +€1,167 | +8.4% |
| Income taxes | 67/77 | €244 | €5,338 | +€5,093 | +2,086% |
| Profit (loss) for the period | 9904 | €13,694 | €9,767 | -€3,927 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,694 | €9,767 | -€3,927 | -28.7% |
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 13 October 2026 via checked.be.