DAISY INSTITUT: 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.
DAISY INSTITUT
Largest movements
- Receivables within one year +€4,591
up €4,591 (+4,372%), from €105 to €4,696
of which Trade receivables: +€4,580
- Tangible fixed assets -€3,219
down €3,219 (-27.4%), from €11,765 to €8,546
of which Other tangible fixed assets: -€2,311
- Cash +€1,768
up €1,768 (+10.7%), from €16,516 to €18,284
mainly Advances received (+€5,193) and Trade debts (+€3,640)
- Profit (loss) carried forward -€5,824
down €5,824 (-51.5%), from -€11,299 to -€17,123
- Advances received +€5,193
new in 2025: €5,193
- Trade debts +€3,640
up €3,640 (+810%), from €449 to €4,089
- Purchases and services -€39,591
no longer reported in 2025 (was €39,591)
- Turnover -€31,552
no longer reported in 2025 (was €31,552)
- Gross operating margin +€7,204
up €7,204 (+89.6%), from -€8,039 to -€835
- Financial charges +€1,761
up €1,761 (+10,791%), from €16 to €1,777
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 | €31,488 | €34,796 | +€3,308 | +10.5% |
| Fixed assets | 21/28 | €11,765 | €8,546 | -€3,219 | -27.4% |
| Tangible fixed assets | 22/27 | €11,765 | €8,546 | -€3,219 | -27.4% |
| Plant, machinery and equipment | 23 | €2,522 | €1,615 | -€907 | -36.0% |
| Other tangible fixed assets | 26 | €9,243 | €6,932 | -€2,311 | -25.0% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Current assets | 29/58 | €19,723 | €26,249 | +€6,526 | +33.1% |
| Stocks and contracts in progress | 3 | €3,102 | €3,258 | +€156 | +5.0% |
| Stocks | 30/36 | €3,102 | €3,258 | +€156 | +5.0% |
| Amounts receivable within one year | 40/41 | €105 | €4,696 | +€4,591 | +4,372% |
| Trade receivables | 40 | €105 | €4,685 | +€4,580 | +4,361% |
| Other amounts receivable | 41 | €0 | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €16,516 | €18,284 | +€1,768 | +10.7% |
| Deferred charges and accrued income | 490/1 | - | €11 | +€11 | |
| Total equity and liabilities | 10/49 | €31,488 | €34,796 | +€3,308 | +10.5% |
| Equity | 10/15 | -€1,299 | -€7,123 | -€5,824 | -448% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €10,000 | +€10,000 | |
| Other | 1109/19 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | -€11,299 | -€17,123 | -€5,824 | -51.5% |
| Amounts payable | 17/49 | €32,787 | €41,918 | +€9,132 | +27.9% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,787 | €11,918 | +€9,132 | +328% |
| Trade debts | 44 | €449 | €4,089 | +€3,640 | +810% |
| Suppliers | 440/4 | €449 | €4,089 | +€3,640 | +810% |
| Advances received on contracts in progress | 46 | - | €5,193 | +€5,193 | |
| Taxes, remuneration and social security | 45 | €2,216 | €2,515 | +€299 | +13.5% |
| Taxes | 450/3 | €2,216 | €2,315 | +€99 | +4.5% |
| Remuneration and social security | 454/9 | €0 | €200 | +€200 | |
| Other amounts payable | 47/48 | €121 | €121 | = | 0.0% |
| Turnover | 70 | €31,552 | - | -€31,552 | |
| Goods, raw materials, services and sundry goods | 60/61 | €39,591 | - | -€39,591 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,232 | €3,219 | -€13 | -0.4% |
| Other operating charges | 640/8 | €20 | €31 | +€11 | +54.2% |
| Gross operating margin | 9900 | -€8,039 | -€835 | +€7,204 | +89.6% |
| Operating profit (loss) | 9901 | -€11,291 | -€4,085 | +€7,206 | +63.8% |
| Financial income | 75/76B | €8 | €39 | +€30 | +372% |
| Recurring financial income | 75 | €8 | €39 | +€30 | +372% |
| Financial charges | 65/66B | €16 | €1,777 | +€1,761 | +10,791% |
| Recurring financial charges | 65 | €16 | €1,777 | +€1,761 | +10,791% |
| Profit (loss) for the period before taxes | 9903 | -€11,299 | -€5,824 | +€5,475 | +48.5% |
| Profit (loss) for the period | 9904 | -€11,299 | -€5,824 | +€5,475 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,299 | -€5,824 | +€5,475 | +48.5% |
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 30 October 2026 via checked.be.