DAENENS: 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.
DAENENS
Largest movements
- Receivables within one year -€363,425
down €363,425 (-44.6%), from €814,820 to €451,395
of which Other amounts receivable: -€263,425
- Cash -€114,191
down €114,191 (-57.9%), from €197,270 to €83,078
mainly Other debts (-€286,891) and Debts after one year (-€148,954)
- Other debts -€286,891
down €286,891 (-97.9%), from €293,139 to €6,248
- Debts after one year -€148,954
down €148,954 (-13.9%), from €1.1m to €923,000
- Current portion of long-term debt -€38,106
down €38,106 (-100%), from €38,106 to €0
- Gross operating margin -€45,624
down €45,624 (-78.9%), from €57,823 to €12,198
- Financial income +€22,689
up €22,689 (+2,068%), from €1,097 to €23,786
- Financial charges +€19,245
up €19,245 (+157%), from €12,284 to €31,529
- Taxes -€12,171
down €12,171 (-92.1%), from €13,219 to €1,048
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 | €1,540,388 | €1,062,772 | -€477,616 | -31.0% |
| Fixed assets | 21/28 | €77,299 | €77,299 | = | 0.0% |
| Financial fixed assets | 28 | €77,299 | €77,299 | = | 0.0% |
| Current assets | 29/58 | €1,463,089 | €985,473 | -€477,616 | -32.6% |
| Amounts receivable after more than one year | 29 | €451,000 | €451,000 | = | 0.0% |
| Trade receivables | 290 | €451,000 | - | -€451,000 | |
| Other amounts receivable | 291 | - | €451,000 | +€451,000 | |
| Amounts receivable within one year | 40/41 | €814,820 | €451,395 | -€363,425 | -44.6% |
| Trade receivables | 40 | €100,000 | €0 | -€100,000 | -100% |
| Other amounts receivable | 41 | €714,820 | €451,395 | -€263,425 | -36.9% |
| Cash at bank and in hand | 54/58 | €197,270 | €83,078 | -€114,191 | -57.9% |
| Total equity and liabilities | 10/49 | €1,540,388 | €1,062,772 | -€477,616 | -31.0% |
| Equity | 10/15 | €108,034 | €110,913 | +€2,880 | +2.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €103,034 | €103,034 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €0 | -€500 | -100% |
| Reserves not available under the articles | 1311 | €500 | €0 | -€500 | -100% |
| Distributable reserves | 133 | €102,534 | €103,034 | +€500 | +0.5% |
| Profit (loss) carried forward | 14 | - | €2,880 | +€2,880 | |
| Amounts payable | 17/49 | €1,432,355 | €951,859 | -€480,496 | -33.5% |
| Amounts payable after more than one year | 17 | €1,071,954 | €923,000 | -€148,954 | -13.9% |
| Financial debts | 170/4 | €1,071,954 | €923,000 | -€148,954 | -13.9% |
| Amounts payable within one year | 42/48 | €360,400 | €28,859 | -€331,542 | -92.0% |
| Current portion of amounts payable after more than one year | 42 | €38,106 | €0 | -€38,106 | -100% |
| Trade debts | 44 | €1,420 | €4,004 | +€2,585 | +182% |
| Suppliers | 440/4 | €1,420 | €4,004 | +€2,585 | +182% |
| Taxes, remuneration and social security | 45 | €27,736 | €18,606 | -€9,129 | -32.9% |
| Taxes | 450/3 | €27,736 | €18,606 | -€9,129 | -32.9% |
| Other amounts payable | 47/48 | €293,139 | €6,248 | -€286,891 | -97.9% |
| Other operating charges | 640/8 | €908 | €528 | -€381 | -41.9% |
| Gross operating margin | 9900 | €57,823 | €12,198 | -€45,624 | -78.9% |
| Operating profit (loss) | 9901 | €56,914 | €11,671 | -€45,244 | -79.5% |
| Financial income | 75/76B | €1,097 | €23,786 | +€22,689 | +2,068% |
| Recurring financial income | 75 | €1,097 | €23,786 | +€22,689 | +2,068% |
| Financial charges | 65/66B | €12,284 | €31,529 | +€19,245 | +157% |
| Recurring financial charges | 65 | €12,284 | €31,529 | +€19,245 | +157% |
| Profit (loss) for the period before taxes | 9903 | €45,727 | €3,928 | -€41,799 | -91.4% |
| Income taxes | 67/77 | €13,219 | €1,048 | -€12,171 | -92.1% |
| Profit (loss) for the period | 9904 | €32,508 | €2,880 | -€29,628 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,508 | €2,880 | -€29,628 | -91.1% |
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.