DAENEN Marthe: 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.
DAENEN Marthe
Largest movements
- Cash +€20,394
up €20,394 (+21.0%), from €97,132 to €117,526
mainly Other debts (+€24,268) and Depreciation (+€15,832)
- Tangible fixed assets -€15,251
down €15,251 (-35.5%), from €42,914 to €27,663
of which Furniture and vehicles: -€10,996
- Receivables within one year +€5,587
up €5,587 (+33.3%), from €16,760 to €22,347
of which Trade receivables: +€7,762
- Other debts +€24,268
up €24,268 (+384%), from €6,318 to €30,586
- Reserves -€19,423
down €19,423 (-9.9%), from €196,841 to €177,418
of which Distributable reserves: -€19,343
- Accrued charges and deferred income +€3,139
up €3,139 (+72.8%), from €4,311 to €7,450
- Gross operating margin -€11,095
down €11,095 (-25.9%), from €42,865 to €31,770
- Purchases and services +€6,861
up €6,861 (+5.8%), from €117,673 to €124,534
- Turnover -€4,207
down €4,207 (-2.7%), from €154,699 to €150,492
- Taxes -€2,825
down €2,825 (-38.0%), from €7,432 to €4,607
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 | €219,474 | €227,843 | +€8,369 | +3.8% |
| Fixed assets | 21/28 | €45,131 | €29,299 | -€15,832 | -35.1% |
| Intangible fixed assets | 21 | €2,217 | €1,637 | -€581 | -26.2% |
| Tangible fixed assets | 22/27 | €42,914 | €27,663 | -€15,251 | -35.5% |
| Land and buildings | 22 | €19,447 | €15,555 | -€3,892 | -20.0% |
| Plant, machinery and equipment | 23 | €2,223 | €1,860 | -€363 | -16.3% |
| Furniture and vehicles | 24 | €21,244 | €10,248 | -€10,996 | -51.8% |
| Current assets | 29/58 | €174,343 | €198,544 | +€24,201 | +13.9% |
| Stocks and contracts in progress | 3 | €950 | €325 | -€625 | -65.8% |
| Stocks | 30/36 | €950 | €325 | -€625 | -65.8% |
| Amounts receivable within one year | 40/41 | €16,760 | €22,347 | +€5,587 | +33.3% |
| Trade receivables | 40 | €11,181 | €18,943 | +€7,762 | +69.4% |
| Other amounts receivable | 41 | €5,579 | €3,404 | -€2,175 | -39.0% |
| Current investments | 50/53 | €52,073 | €52,073 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,132 | €117,526 | +€20,394 | +21.0% |
| Deferred charges and accrued income | 490/1 | €7,428 | €6,273 | -€1,156 | -15.6% |
| Total equity and liabilities | 10/49 | €219,474 | €227,843 | +€8,369 | +3.8% |
| Equity | 10/15 | €203,038 | €183,615 | -€19,423 | -9.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €196,841 | €177,418 | -€19,423 | -9.9% |
| Tax-exempt reserves | 132 | €132 | €52 | -€80 | -60.6% |
| Distributable reserves | 133 | €196,709 | €177,366 | -€19,343 | -9.8% |
| Provisions and deferred taxes | 16 | €33 | €13 | -€20 | -60.6% |
| Deferred taxes | 168 | €33 | €13 | -€20 | -60.6% |
| Amounts payable | 17/49 | €16,403 | €44,215 | +€27,811 | +170% |
| Amounts payable within one year | 42/48 | €12,093 | €36,765 | +€24,672 | +204% |
| Trade debts | 44 | €552 | €1,229 | +€676 | +122% |
| Suppliers | 440/4 | €552 | €1,229 | +€676 | +122% |
| Taxes, remuneration and social security | 45 | €5,222 | €4,950 | -€272 | -5.2% |
| Taxes | 450/3 | €2,822 | €2,550 | -€272 | -9.6% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €6,318 | €30,586 | +€24,268 | +384% |
| Accrued charges and deferred income | 492/3 | €4,311 | €7,450 | +€3,139 | +72.8% |
| Turnover | 70 | €154,699 | €150,492 | -€4,207 | -2.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €117,673 | €124,534 | +€6,861 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,027 | €15,832 | -€195 | -1.2% |
| Other operating charges | 640/8 | €970 | €549 | -€421 | -43.4% |
| Gross operating margin | 9900 | €42,865 | €31,770 | -€11,095 | -25.9% |
| Operating profit (loss) | 9901 | €25,868 | €15,388 | -€10,480 | -40.5% |
| Financial income | 75/76B | €37 | €37 | +€0 | +0.5% |
| Recurring financial income | 75 | €37 | €37 | +€0 | +0.5% |
| Financial charges | 65/66B | €94 | €75 | -€19 | -19.8% |
| Recurring financial charges | 65 | €94 | €75 | -€19 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €25,811 | €15,350 | -€10,461 | -40.5% |
| Transfer from deferred taxes | 780 | €20 | €20 | = | 0.0% |
| Income taxes | 67/77 | €7,432 | €4,607 | -€2,825 | -38.0% |
| Profit (loss) for the period | 9904 | €18,399 | €10,763 | -€7,636 | -41.5% |
| Transfer from tax-exempt reserves | 789 | €80 | €80 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,479 | €10,843 | -€7,636 | -41.3% |
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 18 October 2026 via checked.be.