DAIZO: 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.
DAIZO
Largest movements
- Receivables within one year -€46,125
down €46,125 (-99.9%), from €46,180 to €55
of which Trade receivables: -€45,070
- Tangible fixed assets -€39,900
down €39,900 (-21.6%), from €184,993 to €145,093
of which Furniture and vehicles: -€27,171
- Cash -€35,087
down €35,087 (-50.2%), from €69,951 to €34,864
mainly Net result for the year (-€107,470) and Debts after one year (-€10,234)
- Profit (loss) carried forward -€107,470
down €107,470 (-49.5%), from €217,233 to €109,764
- Debts after one year -€10,234
down €10,234 (-100.0%), from €10,234 to €0
- Current portion of long-term debt -€10,076
down €10,076 (-49.6%), from €20,311 to €10,234
- Other debts +€7,447
up €7,447, from €0 to €7,447
- Short-term financial debts +€4,796
up €4,796 (+385.0%), from €1,245 to €6,041
- Gross operating margin -€35,865
down €35,865 (-147.0%), from -€24,391 to -€60,256
- Depreciation +€6,727
up €6,727 (+18.2%), from €36,896 to €43,623
- Other operating charges +€691
up €691 (+33.0%), from €2,091 to €2,781
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 | €301,269 | €180,343 | -€120,926 | -40.1% |
| Fixed assets | 21/28 | €184,993 | €145,093 | -€39,900 | -21.6% |
| Tangible fixed assets | 22/27 | €184,993 | €145,093 | -€39,900 | -21.6% |
| Land and buildings | 22 | €64,774 | €52,044 | -€12,730 | -19.7% |
| Furniture and vehicles | 24 | €106,311 | €79,140 | -€27,171 | -25.6% |
| Other tangible fixed assets | 26 | €13,908 | €13,908 | = | 0.0% |
| Current assets | 29/58 | €116,275 | €35,250 | -€81,025 | -69.7% |
| Amounts receivable within one year | 40/41 | €46,180 | €55 | -€46,125 | -99.9% |
| Trade receivables | 40 | €45,070 | €0 | -€45,070 | -100.0% |
| Other amounts receivable | 41 | €1,110 | €55 | -€1,055 | -95.1% |
| Cash at bank and in hand | 54/58 | €69,951 | €34,864 | -€35,087 | -50.2% |
| Deferred charges and accrued income | 490/1 | €144 | €331 | +€187 | +129.8% |
| Total equity and liabilities | 10/49 | €301,269 | €180,343 | -€120,926 | -40.1% |
| Equity | 10/15 | €237,638 | €130,169 | -€107,470 | -45.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €217,233 | €109,764 | -€107,470 | -49.5% |
| Amounts payable | 17/49 | €63,630 | €50,174 | -€13,456 | -21.1% |
| Amounts payable after more than one year | 17 | €10,234 | €0 | -€10,234 | -100.0% |
| Financial debts | 170/4 | €10,234 | €0 | -€10,234 | -100.0% |
| Amounts payable within one year | 42/48 | €51,726 | €50,174 | -€1,551 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €20,311 | €10,234 | -€10,076 | -49.6% |
| Financial debts | 43 | €1,245 | €6,041 | +€4,796 | +385.0% |
| Credit institutions | 430/8 | €1,245 | €6,041 | +€4,796 | +385.0% |
| Trade debts | 44 | €7,872 | €4,187 | -€3,685 | -46.8% |
| Suppliers | 440/4 | €7,872 | €4,187 | -€3,685 | -46.8% |
| Taxes, remuneration and social security | 45 | €22,297 | €22,264 | -€33 | -0.1% |
| Taxes | 450/3 | €19,353 | €22,264 | +€2,911 | +15.0% |
| Remuneration and social security | 454/9 | €2,944 | €0 | -€2,944 | -100.0% |
| Other amounts payable | 47/48 | €0 | €7,447 | +€7,447 | |
| Accrued charges and deferred income | 492/3 | €1,670 | €0 | -€1,670 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,896 | €43,623 | +€6,727 | +18.2% |
| Other operating charges | 640/8 | €2,091 | €2,781 | +€691 | +33.0% |
| Gross operating margin | 9900 | -€24,391 | -€60,256 | -€35,865 | -147.0% |
| Operating profit (loss) | 9901 | -€63,378 | -€106,661 | -€43,283 | -68.3% |
| Financial income | 75/76B | €547 | €142 | -€404 | -74.0% |
| Recurring financial income | 75 | €547 | €142 | -€404 | -74.0% |
| Financial charges | 65/66B | €808 | €493 | -€315 | -39.0% |
| Recurring financial charges | 65 | €808 | €493 | -€315 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | -€63,639 | -€107,011 | -€43,372 | -68.2% |
| Income taxes | 67/77 | €487 | €459 | -€28 | -5.8% |
| Profit (loss) for the period | 9904 | -€64,126 | -€107,470 | -€43,344 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,126 | -€107,470 | -€43,344 | -67.6% |
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.