DAFICO: 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.
DAFICO
Largest movements
- Cash -€37,573
down €37,573 (-77.2%), from €48,663 to €11,090
mainly Debts after one year (-€47,231) and Investment in fixed assets (net) (-€27,968)
- Tangible fixed assets -€21,778
down €21,778 (-6.3%), from €345,576 to €323,798
of which Land and buildings: -€24,597
- Receivables within one year +€9,958
up €9,958 (+85.1%), from €11,706 to €21,664
of which Other amounts receivable: +€18,945
- Debts after one year -€47,231
down €47,231 (-22.7%), from €208,260 to €161,029
- Tax, wage and social debts -€10,075
down €10,075 (-77.6%), from €12,982 to €2,907
- Profit (loss) carried forward +€7,702
up €7,702 (+7.2%), from €107,009 to €114,711
- Gross operating margin -€12,233
down €12,233 (-14.2%), from €86,351 to €74,118
- Other operating charges -€8,520
down €8,520 (-48.8%), from €17,449 to €8,929
- Depreciation +€3,611
up €3,611 (+7.8%), from €46,135 to €49,746
- Financial charges -€1,435
down €1,435 (-22.2%), from €6,460 to €5,025
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 | €405,945 | €356,552 | -€49,393 | -12.2% |
| Fixed assets | 21/28 | €345,576 | €323,798 | -€21,778 | -6.3% |
| Tangible fixed assets | 22/27 | €345,576 | €323,798 | -€21,778 | -6.3% |
| Land and buildings | 22 | €345,576 | €320,979 | -€24,597 | -7.1% |
| Furniture and vehicles | 24 | - | €2,819 | +€2,819 | |
| Current assets | 29/58 | €60,369 | €32,754 | -€27,615 | -45.7% |
| Amounts receivable within one year | 40/41 | €11,706 | €21,664 | +€9,958 | +85.1% |
| Trade receivables | 40 | €8,987 | - | -€8,987 | |
| Other amounts receivable | 41 | €2,719 | €21,664 | +€18,945 | +697% |
| Cash at bank and in hand | 54/58 | €48,663 | €11,090 | -€37,573 | -77.2% |
| Total equity and liabilities | 10/49 | €405,945 | €356,552 | -€49,393 | -12.2% |
| Equity | 10/15 | €137,682 | €145,384 | +€7,702 | +5.6% |
| Contributions | 10/11 | €4,266 | €4,266 | = | 0.0% |
| Reserves | 13 | €26,407 | €26,407 | = | 0.0% |
| Non-distributable reserves | 130/1 | €469 | €469 | = | 0.0% |
| Reserves not available under the articles | 1311 | €469 | €469 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,631 | €5,631 | = | 0.0% |
| Distributable reserves | 133 | €20,307 | €20,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,009 | €114,711 | +€7,702 | +7.2% |
| Amounts payable | 17/49 | €268,263 | €211,168 | -€57,095 | -21.3% |
| Amounts payable after more than one year | 17 | €208,260 | €161,029 | -€47,231 | -22.7% |
| Financial debts | 170/4 | €208,260 | €161,029 | -€47,231 | -22.7% |
| Amounts payable within one year | 42/48 | €60,003 | €50,139 | -€9,864 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €47,021 | €47,232 | +€211 | +0.4% |
| Taxes, remuneration and social security | 45 | €12,982 | €2,907 | -€10,075 | -77.6% |
| Taxes | 450/3 | €12,982 | €2,907 | -€10,075 | -77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,135 | €49,746 | +€3,611 | +7.8% |
| Other operating charges | 640/8 | €17,449 | €8,929 | -€8,520 | -48.8% |
| Non-recurring operating charges | 66A | €7,185 | - | -€7,185 | |
| Gross operating margin | 9900 | €86,351 | €74,118 | -€12,233 | -14.2% |
| Operating profit (loss) | 9901 | €15,582 | €15,443 | -€139 | -0.9% |
| Financial charges | 65/66B | €6,460 | €5,025 | -€1,435 | -22.2% |
| Recurring financial charges | 65 | €6,460 | €5,025 | -€1,435 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €9,122 | €10,418 | +€1,296 | +14.2% |
| Income taxes | 67/77 | €2,279 | €2,716 | +€437 | +19.2% |
| Profit (loss) for the period | 9904 | €6,843 | €7,702 | +€859 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,843 | €7,702 | +€859 | +12.6% |
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 21 October 2026 via checked.be.