DAIRY TEAM: 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.
What changed
DAIRY TEAM
NACE 93.299, Other amusement and recreation activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€374
2024 · -€42,833+€43,207
Equity
€312,837
2024 · €312,463+€374
Cash
€26,180
2024 · €9,975+€16,205
Balance sheet total
€1.8m
2024 · €1.7m+€3,576
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€76,667
down €76,667 (-7.1%), from €1.1m to €996,667
- Other debts +€31,521
up €31,521 (+13.4%), from €235,023 to €266,544
- Trade debts +€28,949
up €28,949 (+184%), from €15,721 to €44,670
Income statement
- Gross operating margin +€143,566
up €143,566 (+232%), from €61,808 to €205,374
- Financial charges +€39,022
up €39,022 (+188%), from €20,803 to €59,825
- Depreciation +€35,389
up €35,389 (+49.7%), from €71,175 to €106,564
- Staff costs +€13,734
up €13,734 (+126%), from €10,931 to €24,665
- Other operating charges +€7,760
up €7,760 (+490%), from €1,583 to €9,343
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.
Result 2024
-€42,833
Gross operating margin
+€143,566
Staff costs
-€13,734
Depreciation
-€35,389
Other operating charges
-€7,760
Financial income
+€445
Financial charges
-€39,022
Taxes
-€4,899
Result 2025
€374
raises the resultlowers the result
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.
From operations
+€200,071
Investment
-€103,572
Financing
-€80,294
Cash 2024
€9,975
From operations (derived)
+€200,071
Net result for the year
+€374
Depreciation
+€106,564
Receivables within one year
+€9,066
Deferred charges and accrued income
+€572
Trade debts
+€28,949
Tax, wage and social debts
+€10,751
Advances received
+€12,274
Other debts
+€31,521
Investment (derived)
-€103,572
Investment in fixed assets (net)
-€103,572
Financing
-€80,294
Debts after one year
-€76,667
Current portion of long-term debt
-€3,627
Cash 2025
€26,180
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,747,316 | €1,750,892 | +€3,576 | +0.2% |
| Fixed assets | 21/28 | €1,670,473 | €1,667,481 | -€2,992 | -0.2% |
| Intangible fixed assets | 21 | €5,799 | €4,800 | -€1,000 | -17.2% |
| Tangible fixed assets | 22/27 | €1,664,674 | €1,662,682 | -€1,992 | -0.1% |
| Land and buildings | 22 | €1,469,684 | €1,479,870 | +€10,186 | +0.7% |
| Plant, machinery and equipment | 23 | €194,429 | €182,376 | -€12,052 | -6.2% |
| Furniture and vehicles | 24 | €562 | €436 | -€126 | -22.3% |
| Current assets | 29/58 | €76,843 | €83,410 | +€6,567 | +8.5% |
| Stocks and contracts in progress | 3 | €6,000 | €6,000 | = | 0.0% |
| Stocks | 30/36 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,299 | €49,233 | -€9,066 | -15.6% |
| Trade receivables | 40 | €47,604 | €48,803 | +€1,199 | +2.5% |
| Other amounts receivable | 41 | €10,695 | €430 | -€10,265 | -96.0% |
| Cash at bank and in hand | 54/58 | €9,975 | €26,180 | +€16,205 | +162% |
| Deferred charges and accrued income | 490/1 | €2,569 | €1,997 | -€572 | -22.3% |
| Total equity and liabilities | 10/49 | €1,747,316 | €1,750,892 | +€3,576 | +0.2% |
| Equity | 10/15 | €312,463 | €312,837 | +€374 | +0.1% |
| Contributions | 10/11 | €310,000 | €310,000 | = | 0.0% |
| Reserves | 13 | €45,296 | €45,296 | = | 0.0% |
| Distributable reserves | 133 | €45,296 | €45,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,833 | -€42,459 | +€374 | +0.9% |
| Amounts payable | 17/49 | €1,434,853 | €1,438,055 | +€3,202 | +0.2% |
| Amounts payable after more than one year | 17 | €1,073,333 | €996,667 | -€76,667 | -7.1% |
| Financial debts | 170/4 | €1,073,333 | €996,667 | -€76,667 | -7.1% |
| Amounts payable within one year | 42/48 | €361,520 | €441,388 | +€79,868 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €80,294 | €76,667 | -€3,627 | -4.5% |
| Trade debts | 44 | €15,721 | €44,670 | +€28,949 | +184% |
| Suppliers | 440/4 | €15,721 | €44,670 | +€28,949 | +184% |
| Advances received on contracts in progress | 46 | €23,883 | €36,157 | +€12,274 | +51.4% |
| Taxes, remuneration and social security | 45 | €6,600 | €17,351 | +€10,751 | +163% |
| Taxes | 450/3 | €3,151 | €13,766 | +€10,615 | +337% |
| Remuneration and social security | 454/9 | €3,449 | €3,585 | +€136 | +3.9% |
| Other amounts payable | 47/48 | €235,023 | €266,544 | +€31,521 | +13.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €10,931 | €24,665 | +€13,734 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,175 | €106,564 | +€35,389 | +49.7% |
| Other operating charges | 640/8 | €1,583 | €9,343 | +€7,760 | +490% |
| Gross operating margin | 9900 | €61,808 | €205,374 | +€143,566 | +232% |
| Operating profit (loss) | 9901 | -€21,882 | €64,802 | +€86,684 | |
| Financial income | 75/76B | €54 | €500 | +€445 | +818% |
| Recurring financial income | 75 | €54 | €500 | +€445 | +818% |
| Financial charges | 65/66B | €20,803 | €59,825 | +€39,022 | +188% |
| Recurring financial charges | 65 | €20,803 | €59,825 | +€39,022 | +188% |
| Profit (loss) for the period before taxes | 9903 | -€42,630 | €5,476 | +€48,106 | |
| Income taxes | 67/77 | €203 | €5,102 | +€4,899 | +2,414% |
| Profit (loss) for the period | 9904 | -€42,833 | €374 | +€43,207 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,833 | €374 | +€43,207 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.