Daft: 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.
Daft
Largest movements
- Cash +€56,749
up €56,749 (+241.3%), from €23,514 to €80,263
mainly Trade debts (+€57,833) and Depreciation (+€28,256)
- Tangible fixed assets -€27,857
down €27,857 (-11.4%), from €244,039 to €216,182
of which Land and buildings: -€27,500
- Trade debts +€57,833
up €57,833 (+1260.6%), from €4,588 to €62,420
- Debts after one year -€30,020
down €30,020 (-14.9%), from €200,967 to €170,946
- Gross operating margin -€2,235
down €2,235 (-5.5%), from €40,795 to €38,560
- Financial charges -€603
down €603 (-7.1%), from €8,515 to €7,912
- Financial income -€584
no longer reported in 2025 (was €584)
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 | €309,016 | €334,871 | +€25,855 | +8.4% |
| Formation expenses | 20 | €700 | €301 | -€399 | -57.0% |
| Fixed assets | 21/28 | €244,039 | €216,182 | -€27,857 | -11.4% |
| Tangible fixed assets | 22/27 | €244,039 | €216,182 | -€27,857 | -11.4% |
| Land and buildings | 22 | €243,100 | €215,600 | -€27,500 | -11.3% |
| Plant, machinery and equipment | 23 | €939 | €582 | -€357 | -38.0% |
| Current assets | 29/58 | €64,278 | €118,389 | +€54,111 | +84.2% |
| Stocks and contracts in progress | 3 | €18,790 | €18,731 | -€59 | -0.3% |
| Stocks | 30/36 | €18,790 | €18,731 | -€59 | -0.3% |
| Amounts receivable within one year | 40/41 | €21,975 | €19,395 | -€2,580 | -11.7% |
| Trade receivables | 40 | €19,475 | €17,018 | -€2,457 | -12.6% |
| Other amounts receivable | 41 | €2,500 | €2,377 | -€123 | -4.9% |
| Cash at bank and in hand | 54/58 | €23,514 | €80,263 | +€56,749 | +241.3% |
| Total equity and liabilities | 10/49 | €309,016 | €334,871 | +€25,855 | +8.4% |
| Equity | 10/15 | €69,874 | €68,104 | -€1,770 | -2.5% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Reserves | 13 | €52,674 | €50,904 | -€1,770 | -3.4% |
| Distributable reserves | 133 | €52,674 | €50,904 | -€1,770 | -3.4% |
| Amounts payable | 17/49 | €239,142 | €266,767 | +€27,625 | +11.6% |
| Amounts payable after more than one year | 17 | €200,967 | €170,946 | -€30,020 | -14.9% |
| Financial debts | 170/4 | €200,967 | €170,946 | -€30,020 | -14.9% |
| Amounts payable within one year | 42/48 | €38,175 | €95,820 | +€57,645 | +151.0% |
| Current portion of amounts payable after more than one year | 42 | €29,761 | €30,020 | +€260 | +0.9% |
| Trade debts | 44 | €4,588 | €62,420 | +€57,833 | +1260.6% |
| Suppliers | 440/4 | €4,588 | €62,420 | +€57,833 | +1260.6% |
| Taxes, remuneration and social security | 45 | €2,867 | €2,499 | -€368 | -12.8% |
| Taxes | 450/3 | €2,867 | €2,499 | -€368 | -12.8% |
| Other amounts payable | 47/48 | €959 | €881 | -€79 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,583 | €28,256 | -€328 | -1.1% |
| Other operating charges | 640/8 | €3,935 | €4,138 | +€203 | +5.2% |
| Gross operating margin | 9900 | €40,795 | €38,560 | -€2,235 | -5.5% |
| Operating profit (loss) | 9901 | €8,277 | €6,166 | -€2,111 | -25.5% |
| Financial income | 75/76B | €584 | - | -€584 | |
| Recurring financial income | 75 | €584 | - | -€584 | |
| Financial charges | 65/66B | €8,515 | €7,912 | -€603 | -7.1% |
| Recurring financial charges | 65 | €8,515 | €7,912 | -€603 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €346 | -€1,746 | -€2,092 | |
| Income taxes | 67/77 | €46 | €24 | -€22 | -48.2% |
| Profit (loss) for the period | 9904 | €300 | -€1,770 | -€2,070 | |
| Profit (loss) for the period to be appropriated | 9905 | €300 | -€1,770 | -€2,070 |
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 10 October 2026 via checked.be.