DAIE'S: 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.
DAIE'S
Largest movements
- Cash -€30,998
down €30,998 (-60.1%), from €51,579 to €20,582
mainly Other debts (-€33,158) and Debts after one year (-€16,916)
- Receivables within one year -€15,097
down €15,097 (-12.3%), from €122,285 to €107,189
of which Other amounts receivable: -€11,970
- Tangible fixed assets -€10,028
down €10,028 (-17.5%), from €57,319 to €47,291
of which Furniture and vehicles: -€11,017
- Other debts -€33,158
down €33,158 (-61.5%), from €53,887 to €20,729
- Debts after one year -€16,916
down €16,916 (-68.1%), from €24,833 to €7,917
- Reserves -€16,419
down €16,419 (-34.7%), from €47,341 to €30,921
- Short-term financial debts +€14,000
up €14,000 (+70.0%), from €20,000 to €34,000
- Trade debts +€12,738
up €12,738 (+45.5%), from €28,014 to €40,752
- Gross operating margin -€121,688
down €121,688 (-38.9%), from €312,469 to €190,780
- Staff costs -€49,036
down €49,036 (-22.2%), from €221,101 to €172,065
- Taxes -€17,986
down €17,986 (-96.4%), from €18,661 to €675
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 | €241,034 | €182,601 | -€58,433 | -24.2% |
| Fixed assets | 21/28 | €59,555 | €48,852 | -€10,703 | -18.0% |
| Intangible fixed assets | 21 | €1,866 | €1,191 | -€675 | -36.2% |
| Tangible fixed assets | 22/27 | €57,319 | €47,291 | -€10,028 | -17.5% |
| Plant, machinery and equipment | 23 | €7,321 | €5,881 | -€1,440 | -19.7% |
| Furniture and vehicles | 24 | €19,821 | €8,804 | -€11,017 | -55.6% |
| Other tangible fixed assets | 26 | €30,177 | €32,607 | +€2,429 | +8.0% |
| Financial fixed assets | 28 | €370 | €370 | = | 0.0% |
| Current assets | 29/58 | €181,479 | €133,748 | -€47,730 | -26.3% |
| Amounts receivable within one year | 40/41 | €122,285 | €107,189 | -€15,097 | -12.3% |
| Trade receivables | 40 | €85,781 | €82,654 | -€3,127 | -3.6% |
| Other amounts receivable | 41 | €36,504 | €24,535 | -€11,970 | -32.8% |
| Cash at bank and in hand | 54/58 | €51,579 | €20,582 | -€30,998 | -60.1% |
| Deferred charges and accrued income | 490/1 | €7,615 | €5,978 | -€1,636 | -21.5% |
| Total equity and liabilities | 10/49 | €241,034 | €182,601 | -€58,433 | -24.2% |
| Equity | 10/15 | €57,341 | €32,704 | -€24,636 | -43.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €47,341 | €30,921 | -€16,419 | -34.7% |
| Distributable reserves | 133 | €47,341 | €30,921 | -€16,419 | -34.7% |
| Profit (loss) carried forward | 14 | - | -€8,217 | -€8,217 | |
| Amounts payable | 17/49 | €183,693 | €149,896 | -€33,797 | -18.4% |
| Amounts payable after more than one year | 17 | €24,833 | €7,917 | -€16,916 | -68.1% |
| Financial debts | 170/4 | €24,833 | €7,917 | -€16,916 | -68.1% |
| Amounts payable within one year | 42/48 | €158,860 | €141,979 | -€16,880 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €22,250 | €16,916 | -€5,334 | -24.0% |
| Financial debts | 43 | €20,000 | €34,000 | +€14,000 | +70.0% |
| Credit institutions | 430/8 | €20,000 | €34,000 | +€14,000 | +70.0% |
| Trade debts | 44 | €28,014 | €40,752 | +€12,738 | +45.5% |
| Suppliers | 440/4 | €28,014 | €40,752 | +€12,738 | +45.5% |
| Taxes, remuneration and social security | 45 | €34,709 | €29,582 | -€5,127 | -14.8% |
| Taxes | 450/3 | €7,975 | €1,644 | -€6,330 | -79.4% |
| Remuneration and social security | 454/9 | €26,734 | €27,938 | +€1,203 | +4.5% |
| Other amounts payable | 47/48 | €53,887 | €20,729 | -€33,158 | -61.5% |
| Remuneration, social security and pensions | 62 | €221,101 | €172,065 | -€49,036 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,573 | €15,186 | +€1,613 | +11.9% |
| Other operating charges | 640/8 | €2,318 | €4,453 | +€2,135 | +92.1% |
| Gross operating margin | 9900 | €312,469 | €190,780 | -€121,688 | -38.9% |
| Operating profit (loss) | 9901 | €75,476 | -€924 | -€76,400 | |
| Financial income | 75/76B | €995 | €8 | -€987 | -99.2% |
| Recurring financial income | 75 | €995 | €8 | -€987 | -99.2% |
| Financial charges | 65/66B | €7,489 | €6,626 | -€863 | -11.5% |
| Recurring financial charges | 65 | €7,489 | €6,626 | -€863 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €68,982 | -€7,542 | -€76,524 | |
| Income taxes | 67/77 | €18,661 | €675 | -€17,986 | -96.4% |
| Profit (loss) for the period | 9904 | €50,321 | -€8,217 | -€58,538 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,321 | -€8,217 | -€58,538 |
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.