Dadec: 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.
Dadec
Largest movements
- Current investments +€200,000
up €200,000, from €0 to €200,000
- Receivables within one year -€196,164
down €196,164 (-82.2%), from €238,562 to €42,399
of which Trade receivables: -€148,808
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash +€38,841
up €38,841 (+28.8%), from €134,659 to €173,501
mainly Other debts (+€609,130) and Net result for the year (+€272,251)
- Tangible fixed assets +€18,316
up €18,316 (+1.6%), from €1.1m to €1.2m
of which Land and buildings: +€36,953
- Other debts +€609,130
up €609,130 (+992.3%), from €61,383 to €670,512
- Reserves -€553,234
down €553,234 (-58.5%), from €945,132 to €391,898
- Debts after one year -€28,382
down €28,382 (-6.7%), from €425,910 to €397,528
of which Financial debts: -€28,382
- Tax, wage and social debts -€24,853
down €24,853 (-26.4%), from €94,152 to €69,299
of which Taxes: -€24,853
- Gross operating margin -€162,951
down €162,951 (-28.3%), from €576,243 to €413,292
- Taxes -€37,323
down €37,323 (-30.5%), from €122,188 to €84,865
- Depreciation -€15,418
down €15,418 (-24.3%), from €63,368 to €47,950
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 | €1,576,242 | €1,581,788 | +€5,546 | +0.4% |
| Fixed assets | 21/28 | €1,145,071 | €1,163,387 | +€18,316 | +1.6% |
| Tangible fixed assets | 22/27 | €1,144,860 | €1,163,176 | +€18,316 | +1.6% |
| Land and buildings | 22 | €1,082,457 | €1,119,410 | +€36,953 | +3.4% |
| Furniture and vehicles | 24 | €62,402 | €43,765 | -€18,637 | -29.9% |
| Financial fixed assets | 28 | €212 | €212 | = | 0.0% |
| Current assets | 29/58 | €431,170 | €418,401 | -€12,770 | -3.0% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €238,562 | €42,399 | -€196,164 | -82.2% |
| Trade receivables | 40 | €181,500 | €32,692 | -€148,808 | -82.0% |
| Other amounts receivable | 41 | €57,062 | €9,706 | -€47,356 | -83.0% |
| Current investments | 50/53 | €0 | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €134,659 | €173,501 | +€38,841 | +28.8% |
| Deferred charges and accrued income | 490/1 | €7,949 | €2,501 | -€5,447 | -68.5% |
| Total equity and liabilities | 10/49 | €1,576,242 | €1,581,788 | +€5,546 | +0.4% |
| Equity | 10/15 | €950,132 | €396,898 | -€553,234 | -58.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €945,132 | €391,898 | -€553,234 | -58.5% |
| Distributable reserves | 133 | €945,132 | €391,898 | -€553,234 | -58.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €626,110 | €1,184,890 | +€558,781 | +89.2% |
| Amounts payable after more than one year | 17 | €425,910 | €397,528 | -€28,382 | -6.7% |
| Financial debts | 170/4 | €306,202 | €277,820 | -€28,382 | -9.3% |
| Other amounts payable | 178/9 | €119,708 | €119,708 | = | 0.0% |
| Amounts payable within one year | 42/48 | €190,753 | €776,059 | +€585,306 | +306.8% |
| Current portion of amounts payable after more than one year | 42 | €28,042 | €28,382 | +€340 | +1.2% |
| Trade debts | 44 | €7,177 | €7,865 | +€688 | +9.6% |
| Suppliers | 440/4 | €7,177 | €7,865 | +€688 | +9.6% |
| Taxes, remuneration and social security | 45 | €94,152 | €69,299 | -€24,853 | -26.4% |
| Taxes | 450/3 | €94,152 | €69,299 | -€24,853 | -26.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €61,383 | €670,512 | +€609,130 | +992.3% |
| Accrued charges and deferred income | 492/3 | €9,447 | €11,304 | +€1,857 | +19.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,368 | €47,950 | -€15,418 | -24.3% |
| Other operating charges | 640/8 | €3,278 | €1,950 | -€1,328 | -40.5% |
| Gross operating margin | 9900 | €576,243 | €413,292 | -€162,951 | -28.3% |
| Operating profit (loss) | 9901 | €509,597 | €363,392 | -€146,205 | -28.7% |
| Financial income | 75/76B | €2,961 | €205 | -€2,756 | -93.1% |
| Recurring financial income | 75 | €2,961 | €205 | -€2,756 | -93.1% |
| Financial charges | 65/66B | €6,820 | €6,481 | -€338 | -5.0% |
| Recurring financial charges | 65 | €6,820 | €6,481 | -€338 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €505,738 | €357,116 | -€148,622 | -29.4% |
| Income taxes | 67/77 | €122,188 | €84,865 | -€37,323 | -30.5% |
| Profit (loss) for the period | 9904 | €383,549 | €272,251 | -€111,299 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €383,549 | €272,251 | -€111,299 | -29.0% |
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 6 October 2026 via checked.be.