DACOVEG: 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.
DACOVEG
Largest movements
- Cash +€61,289
up €61,289 (+189.0%), from €32,423 to €93,712
mainly Net result for the year (+€57,701) and Depreciation (+€20,880)
- Tangible fixed assets -€18,312
down €18,312 (-23.0%), from €79,553 to €61,241
of which Furniture and vehicles: -€15,086
- Stocks and contracts -€14,864
down €14,864 (-59.8%), from €24,856 to €9,992
- Deferred charges and accrued income +€8,249
new in 2025: €8,249
- Profit (loss) carried forward +€57,701
up €57,701 (+16.3%), from -€353,561 to -€295,861
- Other debts -€23,881
down €23,881 (-32.5%), from €73,497 to €49,616
- Tax, wage and social debts -€9,366
down €9,366 (-80.2%), from €11,672 to €2,306
of which Remuneration and social security: -€9,104
- Trade debts +€9,181
up €9,181 (+715.5%), from €1,283 to €10,464
- Gross operating margin +€48,864
up €48,864 (+143.1%), from €34,152 to €83,015
- Other operating charges -€1,076
down €1,076 (-20.1%), from €5,347 to €4,271
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 | €140,149 | €175,400 | +€35,251 | +25.2% |
| Fixed assets | 21/28 | €79,553 | €61,241 | -€18,312 | -23.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €79,553 | €61,241 | -€18,312 | -23.0% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €23,077 | €19,851 | -€3,226 | -14.0% |
| Furniture and vehicles | 24 | €56,476 | €41,390 | -€15,086 | -26.7% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €60,596 | €114,159 | +€53,563 | +88.4% |
| Stocks and contracts in progress | 3 | €24,856 | €9,992 | -€14,864 | -59.8% |
| Stocks | 30/36 | €24,856 | €9,992 | -€14,864 | -59.8% |
| Amounts receivable within one year | 40/41 | €3,317 | €2,207 | -€1,110 | -33.5% |
| Trade receivables | 40 | €1,617 | €18 | -€1,599 | -98.9% |
| Other amounts receivable | 41 | €1,700 | €2,189 | +€489 | +28.8% |
| Cash at bank and in hand | 54/58 | €32,423 | €93,712 | +€61,289 | +189.0% |
| Deferred charges and accrued income | 490/1 | - | €8,249 | +€8,249 | |
| Total equity and liabilities | 10/49 | €140,149 | €175,400 | +€35,251 | +25.2% |
| Equity | 10/15 | -€147,123 | -€89,423 | +€57,701 | +39.2% |
| Contributions | 10/11 | €206,438 | €206,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€353,561 | -€295,861 | +€57,701 | +16.3% |
| Amounts payable | 17/49 | €287,272 | €264,823 | -€22,450 | -7.8% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Other amounts payable | 178/9 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,452 | €62,386 | -€24,066 | -27.8% |
| Trade debts | 44 | €1,283 | €10,464 | +€9,181 | +715.5% |
| Suppliers | 440/4 | €1,283 | €10,464 | +€9,181 | +715.5% |
| Taxes, remuneration and social security | 45 | €11,672 | €2,306 | -€9,366 | -80.2% |
| Taxes | 450/3 | €481 | €220 | -€261 | -54.3% |
| Remuneration and social security | 454/9 | €11,191 | €2,086 | -€9,104 | -81.4% |
| Other amounts payable | 47/48 | €73,497 | €49,616 | -€23,881 | -32.5% |
| Accrued charges and deferred income | 492/3 | €820 | €2,437 | +€1,616 | +197.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,278 | €20,880 | +€602 | +3.0% |
| Other operating charges | 640/8 | €5,347 | €4,271 | -€1,076 | -20.1% |
| Gross operating margin | 9900 | €34,152 | €83,015 | +€48,864 | +143.1% |
| Operating profit (loss) | 9901 | €8,527 | €57,865 | +€49,338 | +578.6% |
| Financial income | 75/76B | €19 | €4 | -€15 | -80.4% |
| Recurring financial income | 75 | €19 | €4 | -€15 | -80.4% |
| Financial charges | 65/66B | €65 | -€283 | -€349 | |
| Recurring financial charges | 65 | €65 | -€283 | -€349 | |
| Profit (loss) for the period before taxes | 9903 | €8,480 | €58,152 | +€49,671 | +585.7% |
| Income taxes | 67/77 | - | €451 | +€451 | |
| Profit (loss) for the period | 9904 | €8,480 | €57,701 | +€49,220 | +580.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,480 | €57,701 | +€49,220 | +580.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.