Daedalus Management: 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 Management
Largest movements
- Cash -€95,816
down €95,816 (-70.7%), from €135,458 to €39,641
mainly Contributions, distributions and other (-€298,235) and Receivables within one year (-€14,818)
- Receivables within one year +€14,818
up €14,818 (+3516.2%), from €421 to €15,239
of which Trade receivables: +€13,500
- Profit (loss) carried forward -€102,688
down €102,688 (-68.5%), from €149,889 to €47,201
- Other debts +€14,179
new in 2025: €14,179
- Tax, wage and social debts +€5,666
up €5,666 (+98.5%), from €5,755 to €11,421
of which Taxes: +€5,666
- Gross operating margin +€60,143
up €60,143 (+30.5%), from €197,163 to €257,306
- Taxes +€19,879
up €19,879 (+49.2%), from €40,434 to €60,313
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 | €157,846 | €75,773 | -€82,073 | -52.0% |
| Fixed assets | 21/28 | €21,819 | €20,892 | -€926 | -4.2% |
| Tangible fixed assets | 22/27 | €1,819 | €892 | -€926 | -50.9% |
| Furniture and vehicles | 24 | €1,819 | €892 | -€926 | -50.9% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €136,027 | €54,880 | -€81,147 | -59.7% |
| Amounts receivable within one year | 40/41 | €421 | €15,239 | +€14,818 | +3516.2% |
| Trade receivables | 40 | - | €13,500 | +€13,500 | |
| Other amounts receivable | 41 | €421 | €1,739 | +€1,318 | +312.7% |
| Cash at bank and in hand | 54/58 | €135,458 | €39,641 | -€95,816 | -70.7% |
| Deferred charges and accrued income | 490/1 | €148 | - | -€148 | |
| Total equity and liabilities | 10/49 | €157,846 | €75,773 | -€82,073 | -52.0% |
| Equity | 10/15 | €151,875 | €49,187 | -€102,688 | -67.6% |
| Contributions | 10/11 | €1,986 | €1,986 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,889 | €47,201 | -€102,688 | -68.5% |
| Amounts payable | 17/49 | €5,970 | €26,586 | +€20,615 | +345.3% |
| Amounts payable within one year | 42/48 | €5,970 | €26,586 | +€20,615 | +345.3% |
| Trade debts | 44 | €215 | €986 | +€770 | +357.5% |
| Suppliers | 440/4 | €215 | €986 | +€770 | +357.5% |
| Taxes, remuneration and social security | 45 | €5,755 | €11,421 | +€5,666 | +98.5% |
| Taxes | 450/3 | €3,390 | €9,056 | +€5,666 | +167.1% |
| Remuneration and social security | 454/9 | €2,365 | €2,365 | = | 0.0% |
| Other amounts payable | 47/48 | - | €14,179 | +€14,179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €789 | €926 | +€138 | +17.5% |
| Other operating charges | 640/8 | €336 | €589 | +€253 | +75.2% |
| Gross operating margin | 9900 | €197,163 | €257,306 | +€60,143 | +30.5% |
| Operating profit (loss) | 9901 | €196,038 | €255,790 | +€59,752 | +30.5% |
| Financial income | 75/76B | €755 | €175 | -€581 | -76.9% |
| Recurring financial income | 75 | €755 | €175 | -€581 | -76.9% |
| Financial charges | 65/66B | €124 | €104 | -€20 | -16.0% |
| Recurring financial charges | 65 | €124 | €104 | -€20 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €196,669 | €255,860 | +€59,192 | +30.1% |
| Income taxes | 67/77 | €40,434 | €60,313 | +€19,879 | +49.2% |
| Profit (loss) for the period | 9904 | €156,234 | €195,547 | +€39,313 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €156,234 | €195,547 | +€39,313 | +25.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.