DAFFODIL: 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.
DAFFODIL
Largest movements
- Cash -€41,690
down €41,690 (-38.4%), from €108,557 to €66,868
mainly Contributions, distributions and other (-€60,000) and Receivables within one year (-€19,965)
- Receivables within one year +€19,965
up €19,965 (+38.6%), from €51,728 to €71,693
- Deferred charges and accrued income -€2,125
down €2,125 (-100%), from €2,125 to €0
- Reserves -€36,789
down €36,789 (-33.9%), from €108,447 to €71,658
- Other debts +€12,160
up €12,160 (+30.4%), from €40,000 to €52,160
- Gross operating margin -€18,570
down €18,570 (-36.1%), from €51,465 to €32,895
- Taxes -€3,868
down €3,868 (-38.6%), from €10,021 to €6,153
- Other operating charges -€641
down €641 (-34.9%), from €1,835 to €1,194
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 | €162,410 | €138,560 | -€23,850 | -14.7% |
| Current assets | 29/58 | €162,410 | €138,560 | -€23,850 | -14.7% |
| Amounts receivable within one year | 40/41 | €51,728 | €71,693 | +€19,965 | +38.6% |
| Trade receivables | 40 | €51,728 | €71,693 | +€19,965 | +38.6% |
| Cash at bank and in hand | 54/58 | €108,557 | €66,868 | -€41,690 | -38.4% |
| Deferred charges and accrued income | 490/1 | €2,125 | €0 | -€2,125 | -100% |
| Total equity and liabilities | 10/49 | €162,410 | €138,560 | -€23,850 | -14.7% |
| Equity | 10/15 | €110,447 | €73,658 | -€36,789 | -33.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €108,447 | €71,658 | -€36,789 | -33.9% |
| Distributable reserves | 133 | €108,447 | €71,658 | -€36,789 | -33.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,963 | €64,902 | +€12,939 | +24.9% |
| Amounts payable within one year | 42/48 | €50,305 | €62,778 | +€12,473 | +24.8% |
| Trade debts | 44 | €2,861 | €2,924 | +€63 | +2.2% |
| Suppliers | 440/4 | €2,861 | €2,924 | +€63 | +2.2% |
| Taxes, remuneration and social security | 45 | €7,444 | €7,694 | +€250 | +3.4% |
| Taxes | 450/3 | €5,644 | €5,894 | +€250 | +4.4% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €40,000 | €52,160 | +€12,160 | +30.4% |
| Accrued charges and deferred income | 492/3 | €1,658 | €2,124 | +€466 | +28.1% |
| Other operating charges | 640/8 | €1,835 | €1,194 | -€641 | -34.9% |
| Gross operating margin | 9900 | €51,465 | €32,895 | -€18,570 | -36.1% |
| Operating profit (loss) | 9901 | €49,630 | €31,701 | -€17,929 | -36.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,190 | €2,337 | +€147 | +6.7% |
| Recurring financial charges | 65 | €2,190 | €2,337 | +€147 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €47,440 | €29,364 | -€18,076 | -38.1% |
| Income taxes | 67/77 | €10,021 | €6,153 | -€3,868 | -38.6% |
| Profit (loss) for the period | 9904 | €37,419 | €23,211 | -€14,208 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,419 | €23,211 | -€14,208 | -38.0% |
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.