DAEDALUS ENGINEERING: 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.
DAEDALUS ENGINEERING
Largest movements
- Tangible fixed assets +€26,295
up €26,295 (+783.4%), from €3,357 to €29,652
- Receivables within one year -€13,753
down €13,753 (-96.5%), from €14,250 to €497
of which Trade receivables: -€11,439
- Cash -€9,066
down €9,066 (-96.2%), from €9,421 to €355
mainly Investment in fixed assets (net) (-€32,338) and Other debts (-€5,420)
- Other debts -€5,420
down €5,420 (-67.7%), from €8,000 to €2,580
- Profit (loss) carried forward +€4,363
up €4,363 (+7504.5%), from €58 to €4,421
- Tax, wage and social debts -€4,071
down €4,071 (-70.9%), from €5,737 to €1,667
- Trade debts +€3,735
up €3,735 (+1779.1%), from €210 to €3,945
- Current portion of long-term debt +€3,500
up €3,500 (+670.5%), from €522 to €4,022
- Gross operating margin -€15,539
down €15,539 (-53.4%), from €29,081 to €13,542
- Staff costs -€3,489
no longer reported in 2025 (was €3,489)
- Depreciation +€3,294
up €3,294 (+119.9%), from €2,749 to €6,043
- Taxes -€2,158
down €2,158 (-56.4%), from €3,825 to €1,667
- Other operating charges -€655
down €655 (-36.2%), from €1,812 to €1,157
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 | €27,170 | €30,649 | +€3,479 | +12.8% |
| Fixed assets | 21/28 | €3,357 | €29,652 | +€26,295 | +783.4% |
| Tangible fixed assets | 22/27 | €3,357 | €29,652 | +€26,295 | +783.4% |
| Furniture and vehicles | 24 | €3,357 | €29,652 | +€26,295 | +783.4% |
| Current assets | 29/58 | €23,813 | €997 | -€22,816 | -95.8% |
| Amounts receivable within one year | 40/41 | €14,250 | €497 | -€13,753 | -96.5% |
| Trade receivables | 40 | €11,439 | - | -€11,439 | |
| Other amounts receivable | 41 | €2,811 | €497 | -€2,314 | -82.3% |
| Cash at bank and in hand | 54/58 | €9,421 | €355 | -€9,066 | -96.2% |
| Deferred charges and accrued income | 490/1 | €142 | €145 | +€3 | +2.2% |
| Total equity and liabilities | 10/49 | €27,170 | €30,649 | +€3,479 | +12.8% |
| Equity | 10/15 | €12,701 | €17,064 | +€4,363 | +34.4% |
| Contributions | 10/11 | €12,643 | €12,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58 | €4,421 | +€4,363 | +7504.5% |
| Amounts payable | 17/49 | €14,469 | €13,585 | -€884 | -6.1% |
| Amounts payable after more than one year | 17 | - | €1,371 | +€1,371 | |
| Financial debts | 170/4 | - | €1,371 | +€1,371 | |
| Amounts payable within one year | 42/48 | €14,469 | €12,214 | -€2,256 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €522 | €4,022 | +€3,500 | +670.5% |
| Trade debts | 44 | €210 | €3,945 | +€3,735 | +1779.1% |
| Suppliers | 440/4 | €210 | €3,945 | +€3,735 | +1779.1% |
| Taxes, remuneration and social security | 45 | €5,737 | €1,667 | -€4,071 | -70.9% |
| Taxes | 450/3 | €5,737 | €1,667 | -€4,071 | -70.9% |
| Other amounts payable | 47/48 | €8,000 | €2,580 | -€5,420 | -67.7% |
| Remuneration, social security and pensions | 62 | €3,489 | - | -€3,489 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,749 | €6,043 | +€3,294 | +119.9% |
| Other operating charges | 640/8 | €1,812 | €1,157 | -€655 | -36.2% |
| Gross operating margin | 9900 | €29,081 | €13,542 | -€15,539 | -53.4% |
| Operating profit (loss) | 9901 | €21,031 | €6,342 | -€14,689 | -69.8% |
| Financial income | 75/76B | €165 | - | -€165 | |
| Recurring financial income | 75 | €165 | - | -€165 | |
| Financial charges | 65/66B | €462 | €312 | -€150 | -32.4% |
| Recurring financial charges | 65 | €462 | €312 | -€150 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €20,734 | €6,030 | -€14,704 | -70.9% |
| Income taxes | 67/77 | €3,825 | €1,667 | -€2,158 | -56.4% |
| Profit (loss) for the period | 9904 | €16,909 | €4,363 | -€12,546 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,909 | €4,363 | -€12,546 | -74.2% |
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 5 October 2026 via checked.be.