DAEBAK: 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.
DAEBAK
Largest movements
- Cash -€29,276
down €29,276 (-32.4%), from €90,461 to €61,185
mainly Contributions, distributions and other (-€41,000) and Other debts (-€26,481)
- Tangible fixed assets -€2,854
down €2,854 (-21.3%), from €13,418 to €10,564
of which Furniture and vehicles: -€1,558
- Receivables within one year +€2,805
up €2,805 (+20.8%), from €13,461 to €16,266
of which Trade receivables: +€2,027
- Profit (loss) carried forward +€43,104
new in 2025: €43,104
- Reserves -€41,000
no longer reported in 2025 (was €41,000)
- Other debts -€26,481
down €26,481 (-41.4%), from €64,035 to €37,555
- Trade debts -€3,387
down €3,387 (-97.9%), from €3,461 to €74
- Current portion of long-term debt -€1,333
no longer reported in 2025 (was €1,333)
- Gross operating margin +€13,197
up €13,197 (+27.6%), from €47,783 to €60,980
- Taxes +€3,268
up €3,268 (+35.1%), from €9,304 to €12,572
- Depreciation -€1,371
down €1,371 (-26.5%), from €5,171 to €3,799
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 | €118,907 | €89,780 | -€29,127 | -24.5% |
| Fixed assets | 21/28 | €13,508 | €10,564 | -€2,944 | -21.8% |
| Tangible fixed assets | 22/27 | €13,418 | €10,564 | -€2,854 | -21.3% |
| Plant, machinery and equipment | 23 | €221 | - | -€221 | |
| Furniture and vehicles | 24 | €5,731 | €4,173 | -€1,558 | -27.2% |
| Other tangible fixed assets | 26 | €7,465 | €6,391 | -€1,075 | -14.4% |
| Financial fixed assets | 28 | €90 | - | -€90 | |
| Current assets | 29/58 | €105,399 | €79,216 | -€26,183 | -24.8% |
| Amounts receivable within one year | 40/41 | €13,461 | €16,266 | +€2,805 | +20.8% |
| Trade receivables | 40 | €11,344 | €13,371 | +€2,027 | +17.9% |
| Other amounts receivable | 41 | €2,117 | €2,895 | +€778 | +36.7% |
| Cash at bank and in hand | 54/58 | €90,461 | €61,185 | -€29,276 | -32.4% |
| Deferred charges and accrued income | 490/1 | €1,476 | €1,765 | +€288 | +19.5% |
| Total equity and liabilities | 10/49 | €118,907 | €89,780 | -€29,127 | -24.5% |
| Equity | 10/15 | €42,000 | €44,104 | +€2,104 | +5.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €41,000 | - | -€41,000 | |
| Distributable reserves | 133 | €41,000 | - | -€41,000 | |
| Profit (loss) carried forward | 14 | - | €43,104 | +€43,104 | |
| Amounts payable | 17/49 | €76,907 | €45,676 | -€31,231 | -40.6% |
| Amounts payable within one year | 42/48 | €75,336 | €43,657 | -€31,679 | -42.1% |
| Current portion of amounts payable after more than one year | 42 | €1,333 | - | -€1,333 | |
| Trade debts | 44 | €3,461 | €74 | -€3,387 | -97.9% |
| Suppliers | 440/4 | €3,461 | €74 | -€3,387 | -97.9% |
| Taxes, remuneration and social security | 45 | €6,506 | €6,028 | -€478 | -7.3% |
| Taxes | 450/3 | €6,506 | €6,028 | -€478 | -7.3% |
| Other amounts payable | 47/48 | €64,035 | €37,555 | -€26,481 | -41.4% |
| Accrued charges and deferred income | 492/3 | €1,571 | €2,019 | +€448 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,171 | €3,799 | -€1,371 | -26.5% |
| Other operating charges | 640/8 | €18 | €6 | -€12 | -67.4% |
| Gross operating margin | 9900 | €47,783 | €60,980 | +€13,197 | +27.6% |
| Operating profit (loss) | 9901 | €42,595 | €57,175 | +€14,580 | +34.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,904 | €1,499 | -€406 | -21.3% |
| Recurring financial charges | 65 | €1,904 | €1,499 | -€406 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €40,691 | €55,676 | +€14,985 | +36.8% |
| Income taxes | 67/77 | €9,304 | €12,572 | +€3,268 | +35.1% |
| Profit (loss) for the period | 9904 | €31,387 | €43,104 | +€11,717 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,387 | €43,104 | +€11,717 | +37.3% |
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 9 October 2026 via checked.be.