Daedalus Holding: 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.
Daedalus Holding
Largest movements
- Receivables within one year -€86,016
down €86,016 (-86.9%), from €99,015 to €12,999
of which Trade receivables: -€90,263
- Cash -€54,343
down €54,343 (-96.3%), from €56,429 to €2,086
mainly Trade debts (-€111,442) and Net result for the year (-€48,803)
- Stocks and contracts -€13,024
down €13,024 (-11.1%), from €117,721 to €104,697
- Tangible fixed assets +€7,821
up €7,821 (+73.8%), from €10,598 to €18,419
of which Plant, machinery and equipment: +€11,058
- Trade debts -€111,442
down €111,442 (-97.8%), from €113,902 to €2,460
- Profit (loss) carried forward -€48,803
down €48,803 (-84.3%), from -€57,898 to -€106,701
- Other debts +€41,229
up €41,229 (+47.9%), from €86,090 to €127,319
- Tax, wage and social debts -€21,932
down €21,932 (-47.1%), from €46,596 to €24,664
of which Taxes: -€21,932
- Debts after one year -€4,615
no longer reported in 2025 (was €4,615)
- Gross operating margin -€28,591
down €28,591 (-235%), from -€12,143 to -€40,734
- Taxes -€1,802
new in 2025: -€1,802
- Depreciation -€1,046
down €1,046 (-11.4%), from €9,180 to €8,134
- Other operating charges +€455
up €455 (+42.3%), from €1,077 to €1,532
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.
Derived cash bridge
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 | €283,763 | €138,202 | -€145,561 | -51.3% |
| Fixed assets | 21/28 | €10,598 | €18,419 | +€7,821 | +73.8% |
| Tangible fixed assets | 22/27 | €10,598 | €18,419 | +€7,821 | +73.8% |
| Plant, machinery and equipment | 23 | €3,701 | €14,759 | +€11,058 | +299% |
| Other tangible fixed assets | 26 | €6,897 | €3,661 | -€3,237 | -46.9% |
| Current assets | 29/58 | €273,165 | €119,783 | -€153,382 | -56.2% |
| Stocks and contracts in progress | 3 | €117,721 | €104,697 | -€13,024 | -11.1% |
| Stocks | 30/36 | €117,721 | €104,697 | -€13,024 | -11.1% |
| Amounts receivable within one year | 40/41 | €99,015 | €12,999 | -€86,016 | -86.9% |
| Trade receivables | 40 | €99,010 | €8,747 | -€90,263 | -91.2% |
| Other amounts receivable | 41 | €5 | €4,252 | +€4,247 | +84,934% |
| Cash at bank and in hand | 54/58 | €56,429 | €2,086 | -€54,343 | -96.3% |
| Total equity and liabilities | 10/49 | €283,763 | €138,202 | -€145,561 | -51.3% |
| Equity | 10/15 | €32,560 | -€16,242 | -€48,802 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €60,458 | €60,459 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,272 | €23,273 | +€1 | 0.0% |
| Distributable reserves | 133 | €34,186 | €34,186 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€57,898 | -€106,701 | -€48,803 | -84.3% |
| Amounts payable | 17/49 | €251,203 | €154,444 | -€96,759 | -38.5% |
| Amounts payable after more than one year | 17 | €4,615 | - | -€4,615 | |
| Financial debts | 170/4 | €4,615 | - | -€4,615 | |
| Amounts payable within one year | 42/48 | €246,588 | €154,444 | -€92,144 | -37.4% |
| Trade debts | 44 | €113,902 | €2,460 | -€111,442 | -97.8% |
| Suppliers | 440/4 | €113,902 | €2,460 | -€111,442 | -97.8% |
| Taxes, remuneration and social security | 45 | €46,596 | €24,664 | -€21,932 | -47.1% |
| Taxes | 450/3 | €21,932 | - | -€21,932 | |
| Remuneration and social security | 454/9 | €24,664 | €24,664 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €86,090 | €127,319 | +€41,229 | +47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,180 | €8,134 | -€1,046 | -11.4% |
| Other operating charges | 640/8 | €1,077 | €1,532 | +€455 | +42.3% |
| Gross operating margin | 9900 | -€12,143 | -€40,734 | -€28,591 | -235% |
| Operating profit (loss) | 9901 | -€22,400 | -€50,401 | -€28,001 | -125% |
| Financial income | 75/76B | €6 | €11 | +€5 | +87.5% |
| Recurring financial income | 75 | €6 | €11 | +€5 | +87.5% |
| Financial charges | 65/66B | €210 | €215 | +€5 | +2.5% |
| Recurring financial charges | 65 | €210 | €215 | +€5 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,604 | -€50,605 | -€28,001 | -124% |
| Income taxes | 67/77 | - | -€1,802 | -€1,802 | |
| Profit (loss) for the period | 9904 | -€22,604 | -€48,803 | -€26,199 | -116% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,604 | -€48,803 | -€26,199 | -116% |
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 19 October 2026 via checked.be.