DAGESTIM: 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.
DAGESTIM
Largest movements
- Tangible fixed assets +€800,334
up €800,334 (+742.2%), from €107,827 to €908,161
of which Land and buildings: +€778,700
- Cash -€451,394
down €451,394 (-95.4%), from €473,035 to €21,641
mainly Investment in fixed assets (net) (-€836,228) and Net result for the year (-€38,167)
- Deferred charges and accrued income +€37,401
up €37,401 (+90013.5%), from €42 to €37,442
- Other debts +€249,924
new in 2025: €249,924
- Debts after one year +€163,113
new in 2025: €163,113
- Profit (loss) carried forward -€25,458
down €25,458 (-17.8%), from -€142,992 to -€168,449
- Reserves -€12,709
down €12,709 (-4.0%), from €317,755 to €305,046
of which Tax-exempt reserves: -€12,709
- Current portion of long-term debt +€11,935
new in 2025: €11,935
- Depreciation +€30,652
up €30,652 (+584.7%), from €5,243 to €35,894
- Financial income -€8,787
down €8,787 (-64.3%), from €13,674 to €4,887
- Financial charges +€5,887
up €5,887 (+4227.3%), from €139 to €6,026
- Other operating charges +€3,352
up €3,352 (+117.3%), from €2,859 to €6,211
- Taxes +€1,466
new in 2025: €1,466
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 | €586,312 | €971,883 | +€385,571 | +65.8% |
| Fixed assets | 21/28 | €107,827 | €908,161 | +€800,334 | +742.2% |
| Tangible fixed assets | 22/27 | €107,827 | €908,161 | +€800,334 | +742.2% |
| Land and buildings | 22 | €86,298 | €864,998 | +€778,700 | +902.3% |
| Plant, machinery and equipment | 23 | €21,530 | €43,164 | +€21,634 | +100.5% |
| Current assets | 29/58 | €478,485 | €63,722 | -€414,763 | -86.7% |
| Amounts receivable within one year | 40/41 | €5,408 | €4,638 | -€770 | -14.2% |
| Other amounts receivable | 41 | €5,408 | €4,638 | -€770 | -14.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €473,035 | €21,641 | -€451,394 | -95.4% |
| Deferred charges and accrued income | 490/1 | €42 | €37,442 | +€37,401 | +90013.5% |
| Total equity and liabilities | 10/49 | €586,312 | €971,883 | +€385,571 | +65.8% |
| Equity | 10/15 | €479,672 | €441,505 | -€38,167 | -8.0% |
| Contributions | 10/11 | €304,909 | €304,909 | = | 0.0% |
| Capital | 10 | €304,909 | €304,909 | = | 0.0% |
| Issued capital | 100 | €304,909 | €304,909 | = | 0.0% |
| Reserves | 13 | €317,755 | €305,046 | -€12,709 | -4.0% |
| Non-distributable reserves | 130/1 | €1,786 | €1,786 | = | 0.0% |
| Legal reserve | 130 | €1,786 | €1,786 | = | 0.0% |
| Tax-exempt reserves | 132 | €315,969 | €303,260 | -€12,709 | -4.0% |
| Profit (loss) carried forward | 14 | -€142,992 | -€168,449 | -€25,458 | -17.8% |
| Provisions and deferred taxes | 16 | €105,323 | €101,087 | -€4,236 | -4.0% |
| Deferred taxes | 168 | €105,323 | €101,087 | -€4,236 | -4.0% |
| Amounts payable | 17/49 | €1,317 | €429,291 | +€427,974 | +32496.6% |
| Amounts payable after more than one year | 17 | - | €163,113 | +€163,113 | |
| Financial debts | 170/4 | - | €163,113 | +€163,113 | |
| Amounts payable within one year | 42/48 | €550 | €265,509 | +€264,959 | +48144.5% |
| Current portion of amounts payable after more than one year | 42 | - | €11,935 | +€11,935 | |
| Trade debts | 44 | €550 | €3,650 | +€3,099 | +563.2% |
| Suppliers | 440/4 | €550 | €3,650 | +€3,099 | +563.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €249,924 | +€249,924 | |
| Accrued charges and deferred income | 492/3 | €767 | €669 | -€97 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,243 | €35,894 | +€30,652 | +584.7% |
| Other operating charges | 640/8 | €2,859 | €6,211 | +€3,352 | +117.3% |
| Gross operating margin | 9900 | €1,198 | €2,307 | +€1,109 | +92.5% |
| Operating profit (loss) | 9901 | -€6,903 | -€39,798 | -€32,895 | -476.5% |
| Financial income | 75/76B | €13,674 | €4,887 | -€8,787 | -64.3% |
| Recurring financial income | 75 | €13,674 | €4,887 | -€8,787 | -64.3% |
| Financial charges | 65/66B | €139 | €6,026 | +€5,887 | +4227.3% |
| Recurring financial charges | 65 | €139 | €6,026 | +€5,887 | +4227.3% |
| Profit (loss) for the period before taxes | 9903 | €6,632 | -€40,937 | -€47,570 | |
| Transfer from deferred taxes | 780 | €47 | €4,236 | +€4,190 | +9004.7% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | - | €1,466 | +€1,466 | |
| Profit (loss) for the period | 9904 | €6,679 | -€38,167 | -€44,846 | |
| Transfer from tax-exempt reserves | 789 | €140 | €12,709 | +€12,570 | +9006.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €6,818 | -€25,458 | -€32,276 |
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.