DADALUS: 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.
DADALUS
Largest movements
- Stocks and contracts +€4.9m
up €4.9m (+365.6%), from €1.3m to €6.2m
- Cash +€738,779
up €738,779 (+978.0%), from €75,538 to €814,316
mainly Debts after one year (+€5.1m) and Investment in fixed assets (net) (+€479,000)
- Financial fixed assets -€479,000
down €479,000 (-99.9%), from €479,350 to €350
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Debts after one year +€5.1m
up €5.1m (+273.7%), from €1.9m to €7.0m
of which Financial debts: +€3.2m
- Profit (loss) carried forward -€181,055
down €181,055, from €863 to -€180,192
- Gross operating margin -€220,341
down €220,341 (-91.8%), from €240,049 to €19,708
- Financial charges +€91,233
up €91,233 (+107.6%), from €84,766 to €175,999
- Other operating charges +€19,781
up €19,781 (+341.5%), from €5,793 to €25,574
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 | €1,982,208 | €6,995,059 | +€5.0m | +252.9% |
| Fixed assets | 21/28 | €479,350 | €350 | -€479,000 | -99.9% |
| Financial fixed assets | 28 | €479,350 | €350 | -€479,000 | -99.9% |
| Current assets | 29/58 | €1,502,858 | €6,994,709 | +€5.5m | +365.4% |
| Stocks and contracts in progress | 3 | €1,326,911 | €6,178,507 | +€4.9m | +365.6% |
| Stocks | 30/36 | €1,326,911 | €6,178,507 | +€4.9m | +365.6% |
| Amounts receivable within one year | 40/41 | €190 | €435 | +€245 | +128.9% |
| Other amounts receivable | 41 | €190 | €435 | +€245 | +128.9% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €75,538 | €814,316 | +€738,779 | +978.0% |
| Deferred charges and accrued income | 490/1 | €220 | €1,450 | +€1,231 | +559.8% |
| Total equity and liabilities | 10/49 | €1,982,208 | €6,995,059 | +€5.0m | +252.9% |
| Equity | 10/15 | €100,863 | -€80,192 | -€181,055 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €863 | -€180,192 | -€181,055 | |
| Amounts payable | 17/49 | €1,881,345 | €7,075,251 | +€5.2m | +276.1% |
| Amounts payable after more than one year | 17 | €1,880,080 | €7,025,684 | +€5.1m | +273.7% |
| Financial debts | 170/4 | €0 | €3,248,000 | +€3.2m | |
| Other amounts payable | 178/9 | €1,880,080 | €3,777,684 | +€1.9m | +100.9% |
| Amounts payable within one year | 42/48 | €1,264 | €41,162 | +€39,898 | +3155.4% |
| Trade debts | 44 | €1,264 | €41,162 | +€39,898 | +3155.4% |
| Suppliers | 440/4 | €1,264 | €41,162 | +€39,898 | +3155.4% |
| Accrued charges and deferred income | 492/3 | €0 | €8,404 | +€8,404 | |
| Other operating charges | 640/8 | €5,793 | €25,574 | +€19,781 | +341.5% |
| Gross operating margin | 9900 | €240,049 | €19,708 | -€220,341 | -91.8% |
| Operating profit (loss) | 9901 | €234,256 | -€5,866 | -€240,122 | |
| Financial income | 75/76B | €1,606 | €806 | -€800 | -49.8% |
| Recurring financial income | 75 | €1,606 | €806 | -€800 | -49.8% |
| Financial charges | 65/66B | €84,766 | €175,999 | +€91,233 | +107.6% |
| Recurring financial charges | 65 | €84,766 | €175,999 | +€91,233 | +107.6% |
| Profit (loss) for the period before taxes | 9903 | €151,096 | -€181,058 | -€332,154 | |
| Income taxes | 67/77 | €292 | -€3 | -€295 | |
| Profit (loss) for the period | 9904 | €150,805 | -€181,055 | -€331,860 | |
| Profit (loss) for the period to be appropriated | 9905 | €150,805 | -€181,055 | -€331,860 |
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.