DACS: 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.
DACS
Largest movements
- Cash +€51,586
up €51,586 (+77.7%), from €66,354 to €117,939
mainly Other debts (+€117,043) and Net result for the year (+€64,553)
- Tangible fixed assets -€8,140
down €8,140 (-13.1%), from €62,105 to €53,965
of which Furniture and vehicles: -€11,169
- Receivables within one year +€3,315
up €3,315 (+14.8%), from €22,454 to €25,770
of which Other amounts receivable: +€1,956
- Other debts +€117,043
up €117,043, from €0 to €117,043
- Profit (loss) carried forward -€52,491
down €52,491 (-78.3%), from €67,043 to €14,553
- Debts after one year -€16,949
down €16,949 (-43.0%), from €39,429 to €22,480
of which Financial debts: -€18,170
- Current portion of long-term debt -€2,876
down €2,876 (-13.7%), from €21,046 to €18,170
- Trade debts +€2,647
up €2,647 (+127.3%), from €2,079 to €4,726
- Depreciation +€7,417
up €7,417 (+104.5%), from €7,097 to €14,514
- Gross operating margin +€3,650
up €3,650 (+3.8%), from €95,994 to €99,644
- Taxes -€2,174
down €2,174 (-11.0%), from €19,842 to €17,668
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 | €152,060 | €198,908 | +€46,848 | +30.8% |
| Fixed assets | 21/28 | €62,145 | €54,005 | -€8,140 | -13.1% |
| Tangible fixed assets | 22/27 | €62,105 | €53,965 | -€8,140 | -13.1% |
| Furniture and vehicles | 24 | €50,623 | €39,453 | -€11,169 | -22.1% |
| Other tangible fixed assets | 26 | €11,483 | €14,512 | +€3,029 | +26.4% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €89,914 | €144,902 | +€54,988 | +61.2% |
| Amounts receivable within one year | 40/41 | €22,454 | €25,770 | +€3,315 | +14.8% |
| Trade receivables | 40 | €22,454 | €23,813 | +€1,359 | +6.1% |
| Other amounts receivable | 41 | €0 | €1,956 | +€1,956 | |
| Cash at bank and in hand | 54/58 | €66,354 | €117,939 | +€51,586 | +77.7% |
| Deferred charges and accrued income | 490/1 | €1,106 | €1,194 | +€87 | +7.9% |
| Total equity and liabilities | 10/49 | €152,060 | €198,908 | +€46,848 | +30.8% |
| Equity | 10/15 | €71,043 | €18,553 | -€52,491 | -73.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,043 | €14,553 | -€52,491 | -78.3% |
| Amounts payable | 17/49 | €81,016 | €180,355 | +€99,339 | +122.6% |
| Amounts payable after more than one year | 17 | €39,429 | €22,480 | -€16,949 | -43.0% |
| Financial debts | 170/4 | €18,170 | €0 | -€18,170 | -100.0% |
| Other amounts payable | 178/9 | €21,259 | €22,480 | +€1,221 | +5.7% |
| Amounts payable within one year | 42/48 | €38,843 | €155,327 | +€116,484 | +299.9% |
| Current portion of amounts payable after more than one year | 42 | €21,046 | €18,170 | -€2,876 | -13.7% |
| Trade debts | 44 | €2,079 | €4,726 | +€2,647 | +127.3% |
| Suppliers | 440/4 | €2,079 | €4,726 | +€2,647 | +127.3% |
| Taxes, remuneration and social security | 45 | €15,718 | €15,388 | -€330 | -2.1% |
| Taxes | 450/3 | €15,718 | €13,358 | -€2,360 | -15.0% |
| Remuneration and social security | 454/9 | - | €2,030 | +€2,030 | |
| Other amounts payable | 47/48 | €0 | €117,043 | +€117,043 | |
| Accrued charges and deferred income | 492/3 | €2,744 | €2,548 | -€196 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,097 | €14,514 | +€7,417 | +104.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €95,994 | €99,644 | +€3,650 | +3.8% |
| Operating profit (loss) | 9901 | €88,510 | €84,730 | -€3,780 | -4.3% |
| Financial income | 75/76B | €527 | €415 | -€112 | -21.2% |
| Recurring financial income | 75 | €527 | €415 | -€112 | -21.2% |
| Financial charges | 65/66B | €2,152 | €2,925 | +€773 | +35.9% |
| Recurring financial charges | 65 | €2,152 | €2,925 | +€773 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €86,885 | €82,221 | -€4,665 | -5.4% |
| Income taxes | 67/77 | €19,842 | €17,668 | -€2,174 | -11.0% |
| Profit (loss) for the period | 9904 | €67,043 | €64,553 | -€2,491 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,043 | €64,553 | -€2,491 | -3.7% |
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 7 October 2026 via checked.be.