DAICODE: what changed
Two fiscal 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.
DAICODE
Largest movements
- Tangible fixed assets +€67,291
up €67,291 (+2918.6%), from €2,306 to €69,597
of which Furniture and vehicles: +€65,006
- Cash -€8,660
down €8,660 (-14.8%), from €58,348 to €49,687
mainly Investment in fixed assets (net) (-€75,667) and Other debts (-€60,045)
- Other debts -€60,045
down €60,045 (-94.4%), from €63,638 to €3,593
- Profit (loss) carried forward +€59,058
up €59,058 (+6271.2%), from €942 to €60,000
- Debts after one year +€35,691
new in 2025: €35,691
- Tax, wage and social debts +€11,233
up €11,233 (+335.8%), from €3,345 to €14,578
- Current portion of long-term debt +€9,902
new in 2025: €9,902
- Depreciation +€7,561
up €7,561 (+927.4%), from €815 to €8,376
- Gross operating margin +€5,153
up €5,153 (+6.6%), from €77,784 to €82,937
- Taxes -€1,562
down €1,562 (-9.6%), from €16,232 to €14,670
- Financial charges +€1,208
up €1,208 (+329.2%), from €367 to €1,575
- Financial income +€847
up €847 (+941011.1%), from €0 to €847
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 | €69,471 | €127,348 | +€57,878 | +83.3% |
| Fixed assets | 21/28 | €2,306 | €69,597 | +€67,291 | +2918.6% |
| Tangible fixed assets | 22/27 | €2,306 | €69,597 | +€67,291 | +2918.6% |
| Plant, machinery and equipment | 23 | - | €2,286 | +€2,286 | |
| Furniture and vehicles | 24 | €2,306 | €67,311 | +€65,006 | +2819.4% |
| Current assets | 29/58 | €67,165 | €57,751 | -€9,414 | -14.0% |
| Amounts receivable within one year | 40/41 | €6,586 | €6,018 | -€568 | -8.6% |
| Trade receivables | 40 | €3,796 | €1,280 | -€2,516 | -66.3% |
| Other amounts receivable | 41 | €2,790 | €4,738 | +€1,948 | +69.8% |
| Cash at bank and in hand | 54/58 | €58,348 | €49,687 | -€8,660 | -14.8% |
| Deferred charges and accrued income | 490/1 | €2,231 | €2,046 | -€185 | -8.3% |
| Total equity and liabilities | 10/49 | €69,471 | €127,348 | +€57,878 | +83.3% |
| Equity | 10/15 | €1,942 | €61,000 | +€59,058 | +3041.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €942 | €60,000 | +€59,058 | +6271.2% |
| Amounts payable | 17/49 | €67,529 | €66,349 | -€1,180 | -1.7% |
| Amounts payable after more than one year | 17 | - | €35,691 | +€35,691 | |
| Financial debts | 170/4 | - | €35,691 | +€35,691 | |
| Amounts payable within one year | 42/48 | €67,399 | €30,527 | -€36,872 | -54.7% |
| Current portion of amounts payable after more than one year | 42 | - | €9,902 | +€9,902 | |
| Trade debts | 44 | €416 | €2,454 | +€2,039 | +490.3% |
| Suppliers | 440/4 | €416 | €2,454 | +€2,039 | +490.3% |
| Taxes, remuneration and social security | 45 | €3,345 | €14,578 | +€11,233 | +335.8% |
| Taxes | 450/3 | €3,345 | €14,578 | +€11,233 | +335.8% |
| Other amounts payable | 47/48 | €63,638 | €3,593 | -€60,045 | -94.4% |
| Accrued charges and deferred income | 492/3 | €130 | €130 | = | 0.0% |
| Non-recurring operating income | 76A | - | €10,697 | +€10,697 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €815 | €8,376 | +€7,561 | +927.4% |
| Other operating charges | 640/8 | €605 | €104 | -€500 | -82.8% |
| Gross operating margin | 9900 | €77,784 | €82,937 | +€5,153 | +6.6% |
| Operating profit (loss) | 9901 | €76,364 | €74,457 | -€1,907 | -2.5% |
| Financial income | 75/76B | €0 | €847 | +€847 | +941011.1% |
| Recurring financial income | 75 | €0 | €847 | +€847 | +941011.1% |
| Financial charges | 65/66B | €367 | €1,575 | +€1,208 | +329.2% |
| Recurring financial charges | 65 | €367 | €1,575 | +€1,208 | +329.2% |
| Profit (loss) for the period before taxes | 9903 | €75,997 | €73,729 | -€2,269 | -3.0% |
| Income taxes | 67/77 | €16,232 | €14,670 | -€1,562 | -9.6% |
| Profit (loss) for the period | 9904 | €59,765 | €59,058 | -€707 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,765 | €59,058 | -€707 | -1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.