Daedalian Projects: 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.
Daedalian Projects
Largest movements
- Cash -€17,794
down €17,794 (-72.3%), from €24,615 to €6,821
mainly Other debts (-€27,867) and Receivables within one year (-€9,743)
- Receivables within one year +€9,743
up €9,743 (+20.9%), from €46,698 to €56,441
of which Other amounts receivable: +€18,186
- Tangible fixed assets +€1,854
up €1,854 (+10.0%), from €18,623 to €20,477
of which Furniture and vehicles: +€5,000
- Other debts -€27,867
down €27,867 (-89.6%), from €31,117 to €3,250
- Trade debts +€22,398
up €22,398 (+106.8%), from €20,971 to €43,369
- Accrued charges and deferred income -€5,188
no longer reported in 2025 (was €5,188)
- Tax, wage and social debts -€4,646
down €4,646 (-31.8%), from €14,619 to €9,973
- Debts after one year +€4,375
new in 2025: €4,375
- Gross operating margin -€43,277
down €43,277 (-71.4%), from €60,585 to €17,308
- Taxes -€3,534
down €3,534 (-81.2%), from €4,353 to €819
- Depreciation +€2,500
up €2,500 (+79.5%), from €3,146 to €5,646
- Financial charges +€2,040
up €2,040 (+32.9%), from €6,199 to €8,239
of which Financial charges: +€1,116
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 | €95,079 | €88,882 | -€6,197 | -6.5% |
| Fixed assets | 21/28 | €19,066 | €20,920 | +€1,854 | +9.7% |
| Tangible fixed assets | 22/27 | €18,623 | €20,477 | +€1,854 | +10.0% |
| Plant, machinery and equipment | 23 | €15,598 | €13,303 | -€2,295 | -14.7% |
| Furniture and vehicles | 24 | - | €5,000 | +€5,000 | |
| Other tangible fixed assets | 26 | €3,025 | €2,174 | -€851 | -28.1% |
| Financial fixed assets | 28 | €443 | €443 | = | 0.0% |
| Current assets | 29/58 | €76,013 | €67,962 | -€8,051 | -10.6% |
| Stocks and contracts in progress | 3 | €4,700 | €4,700 | = | 0.0% |
| Stocks | 30/36 | €4,700 | €4,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,698 | €56,441 | +€9,743 | +20.9% |
| Trade receivables | 40 | €40,286 | €31,843 | -€8,443 | -21.0% |
| Other amounts receivable | 41 | €6,412 | €24,598 | +€18,186 | +283.6% |
| Cash at bank and in hand | 54/58 | €24,615 | €6,821 | -€17,794 | -72.3% |
| Total equity and liabilities | 10/49 | €95,079 | €88,882 | -€6,197 | -6.5% |
| Equity | 10/15 | €23,184 | €25,196 | +€2,012 | +8.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,184 | €20,196 | +€2,012 | +11.1% |
| Distributable reserves | 133 | €18,184 | €20,196 | +€2,012 | +11.1% |
| Amounts payable | 17/49 | €71,895 | €63,686 | -€8,209 | -11.4% |
| Amounts payable after more than one year | 17 | - | €4,375 | +€4,375 | |
| Financial debts | 170/4 | - | €4,375 | +€4,375 | |
| Amounts payable within one year | 42/48 | €66,707 | €59,311 | -€7,396 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | - | €2,719 | +€2,719 | |
| Trade debts | 44 | €20,971 | €43,369 | +€22,398 | +106.8% |
| Suppliers | 440/4 | €20,971 | €43,369 | +€22,398 | +106.8% |
| Taxes, remuneration and social security | 45 | €14,619 | €9,973 | -€4,646 | -31.8% |
| Taxes | 450/3 | €14,619 | €9,973 | -€4,646 | -31.8% |
| Other amounts payable | 47/48 | €31,117 | €3,250 | -€27,867 | -89.6% |
| Accrued charges and deferred income | 492/3 | €5,188 | - | -€5,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,146 | €5,646 | +€2,500 | +79.5% |
| Other operating charges | 640/8 | €618 | €938 | +€320 | +51.8% |
| Gross operating margin | 9900 | €60,585 | €17,308 | -€43,277 | -71.4% |
| Operating profit (loss) | 9901 | €56,821 | €10,724 | -€46,097 | -81.1% |
| Financial income | 75/76B | €9 | €346 | +€337 | +3744.4% |
| Recurring financial income | 75 | €9 | €346 | +€337 | +3744.4% |
| Financial charges | 65/66B | €6,199 | €8,239 | +€2,040 | +32.9% |
| Recurring financial charges | 65 | €6,199 | €7,315 | +€1,116 | +18.0% |
| Non-recurring financial charges | 66B | - | €924 | +€924 | |
| Profit (loss) for the period before taxes | 9903 | €50,631 | €2,831 | -€47,800 | -94.4% |
| Income taxes | 67/77 | €4,353 | €819 | -€3,534 | -81.2% |
| Profit (loss) for the period | 9904 | €46,278 | €2,012 | -€44,266 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €46,278 | €2,012 | -€44,266 | -95.7% |
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 10 October 2026 via checked.be.