DAIAN PROJECTS: 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.
DAIAN PROJECTS
Largest movements
- Tangible fixed assets +€457,762
up €457,762 (+388%), from €117,860 to €575,622
of which Land and buildings: +€450,759
- Cash +€439,632
up €439,632 (+108%), from €407,686 to €847,318
mainly Net result for the year (+€541,674) and Debts after one year (+€272,602)
- Stocks and contracts +€87,599
up €87,599 (+37.3%), from €234,990 to €322,589
- Receivables within one year +€50,124
up €50,124 (+7.6%), from €657,853 to €707,977
of which Other amounts receivable: +€127,270
- Profit (loss) carried forward +€541,674
up €541,674 (+132%), from €410,350 to €952,024
- Debts after one year +€272,602
new in 2025: €272,602
- Tax, wage and social debts +€198,389
up €198,389 (+270%), from €73,412 to €271,801
of which Taxes: +€198,171
- Trade debts +€136,689
up €136,689 (+35.0%), from €390,580 to €527,269
- Current portion of long-term debt -€74,137
down €74,137 (-82.4%), from €90,000 to €15,863
- Gross operating margin +€218,813
up €218,813 (+32.5%), from €673,717 to €892,530
- Depreciation +€59,545
up €59,545 (+345%), from €17,268 to €76,813
- Taxes +€48,892
up €48,892 (+32.2%), from €152,001 to €200,893
- Financial income +€33,540
up €33,540 (+144%), from €23,314 to €56,854
- Staff costs +€24,776
up €24,776 (+44.6%), from €55,560 to €80,336
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 | €1,422,865 | €2,470,630 | +€1.0m | +73.6% |
| Fixed assets | 21/28 | €117,860 | €575,622 | +€457,762 | +388% |
| Tangible fixed assets | 22/27 | €117,860 | €575,622 | +€457,762 | +388% |
| Land and buildings | 22 | €1,401 | €452,160 | +€450,759 | +32,173% |
| Plant, machinery and equipment | 23 | €75,432 | €72,191 | -€3,240 | -4.3% |
| Furniture and vehicles | 24 | €41,027 | €51,270 | +€10,243 | +25.0% |
| Current assets | 29/58 | €1,305,005 | €1,895,008 | +€590,003 | +45.2% |
| Stocks and contracts in progress | 3 | €234,990 | €322,589 | +€87,599 | +37.3% |
| Stocks | 30/36 | €234,990 | €322,589 | +€87,599 | +37.3% |
| Amounts receivable within one year | 40/41 | €657,853 | €707,977 | +€50,124 | +7.6% |
| Trade receivables | 40 | €424,841 | €347,696 | -€77,145 | -18.2% |
| Other amounts receivable | 41 | €233,012 | €360,281 | +€127,270 | +54.6% |
| Cash at bank and in hand | 54/58 | €407,686 | €847,318 | +€439,632 | +108% |
| Deferred charges and accrued income | 490/1 | €4,477 | €17,124 | +€12,647 | +283% |
| Total equity and liabilities | 10/49 | €1,422,865 | €2,470,630 | +€1.0m | +73.6% |
| Equity | 10/15 | €839,942 | €1,381,616 | +€541,674 | +64.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €410,992 | €410,992 | = | 0.0% |
| Distributable reserves | 133 | €410,992 | €410,992 | = | 0.0% |
| Profit (loss) carried forward | 14 | €410,350 | €952,024 | +€541,674 | +132% |
| Amounts payable | 17/49 | €582,923 | €1,089,014 | +€506,091 | +86.8% |
| Amounts payable after more than one year | 17 | - | €272,602 | +€272,602 | |
| Financial debts | 170/4 | - | €272,602 | +€272,602 | |
| Amounts payable within one year | 42/48 | €582,390 | €814,933 | +€232,543 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €90,000 | €15,863 | -€74,137 | -82.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €390,580 | €527,269 | +€136,689 | +35.0% |
| Suppliers | 440/4 | €390,580 | €527,269 | +€136,689 | +35.0% |
| Advances received on contracts in progress | 46 | €28,398 | €0 | -€28,398 | -100% |
| Taxes, remuneration and social security | 45 | €73,412 | €271,801 | +€198,389 | +270% |
| Taxes | 450/3 | €67,142 | €265,313 | +€198,171 | +295% |
| Remuneration and social security | 454/9 | €6,270 | €6,488 | +€218 | +3.5% |
| Accrued charges and deferred income | 492/3 | €533 | €1,479 | +€946 | +177% |
| Remuneration, social security and pensions | 62 | €55,560 | €80,336 | +€24,776 | +44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,268 | €76,813 | +€59,545 | +345% |
| Other operating charges | 640/8 | €8,184 | €9,516 | +€1,332 | +16.3% |
| Non-recurring operating charges | 66A | €4,773 | €0 | -€4,773 | -100% |
| Gross operating margin | 9900 | €673,717 | €892,530 | +€218,813 | +32.5% |
| Operating profit (loss) | 9901 | €587,932 | €725,865 | +€137,933 | +23.5% |
| Financial income | 75/76B | €23,314 | €56,854 | +€33,540 | +144% |
| Recurring financial income | 75 | €23,314 | €56,854 | +€33,540 | +144% |
| Financial charges | 65/66B | €48,895 | €40,152 | -€8,743 | -17.9% |
| Recurring financial charges | 65 | €48,895 | €40,152 | -€8,743 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €562,352 | €742,567 | +€180,215 | +32.0% |
| Income taxes | 67/77 | €152,001 | €200,893 | +€48,892 | +32.2% |
| Profit (loss) for the period | 9904 | €410,350 | €541,674 | +€131,324 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €410,350 | €541,674 | +€131,324 | +32.0% |
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 15 October 2026 via checked.be.