DAJO: 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.
DAJO
Largest movements
- Receivables within one year +€115,759
up €115,759 (+61.7%), from €187,717 to €303,476
of which Other amounts receivable: +€72,846
- Tangible fixed assets -€78,461
down €78,461 (-13.6%), from €575,732 to €497,271
of which Land and buildings: -€44,595
- Stocks and contracts +€51,090
up €51,090 (+68.5%), from €74,557 to €125,647
- Cash -€23,783
down €23,783 (-11.8%), from €202,161 to €178,378
mainly Receivables within one year (-€115,759) and Trade debts (-€81,560)
- Current portion of long-term debt +€232,374
up €232,374 (+321%), from €72,301 to €304,675
- Trade debts -€81,560
down €81,560 (-36.5%), from €223,639 to €142,079
- Debts after one year -€73,901
down €73,901 (-45.9%), from €161,002 to €87,101
- Tax, wage and social debts -€39,924
down €39,924 (-31.3%), from €127,609 to €87,685
of which Taxes: -€41,156
- Profit (loss) carried forward +€21,115
up €21,115 (+85.7%), from €24,645 to €45,760
- Staff costs +€112,442
up €112,442 (+28.3%), from €397,626 to €510,068
- Gross operating margin +€107,743
up €107,743 (+18.9%), from €570,322 to €678,065
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,075,144 | €1,133,998 | +€58,854 | +5.5% |
| Fixed assets | 21/28 | €595,836 | €517,510 | -€78,326 | -13.1% |
| Tangible fixed assets | 22/27 | €575,732 | €497,271 | -€78,461 | -13.6% |
| Land and buildings | 22 | €269,842 | €225,247 | -€44,595 | -16.5% |
| Plant, machinery and equipment | 23 | €284,473 | €244,155 | -€40,318 | -14.2% |
| Furniture and vehicles | 24 | €16,359 | €26,110 | +€9,751 | +59.6% |
| Leasing and similar rights | 25 | €5,058 | €1,758 | -€3,300 | -65.2% |
| Financial fixed assets | 28 | €20,104 | €20,239 | +€135 | +0.7% |
| Current assets | 29/58 | €479,308 | €616,488 | +€137,180 | +28.6% |
| Stocks and contracts in progress | 3 | €74,557 | €125,647 | +€51,090 | +68.5% |
| Stocks | 30/36 | €74,557 | €125,647 | +€51,090 | +68.5% |
| Amounts receivable within one year | 40/41 | €187,717 | €303,476 | +€115,759 | +61.7% |
| Trade receivables | 40 | €12,208 | €55,121 | +€42,912 | +352% |
| Other amounts receivable | 41 | €175,509 | €248,355 | +€72,846 | +41.5% |
| Cash at bank and in hand | 54/58 | €202,161 | €178,378 | -€23,783 | -11.8% |
| Deferred charges and accrued income | 490/1 | €14,873 | €8,987 | -€5,887 | -39.6% |
| Total equity and liabilities | 10/49 | €1,075,144 | €1,133,998 | +€58,854 | +5.5% |
| Equity | 10/15 | €414,342 | €435,458 | +€21,115 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €371,098 | €371,098 | = | 0.0% |
| Distributable reserves | 133 | €371,098 | €371,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,645 | €45,760 | +€21,115 | +85.7% |
| Amounts payable | 17/49 | €660,802 | €698,540 | +€37,739 | +5.7% |
| Amounts payable after more than one year | 17 | €161,002 | €87,101 | -€73,901 | -45.9% |
| Financial debts | 170/4 | €161,002 | €87,101 | -€73,901 | -45.9% |
| Amounts payable within one year | 42/48 | €499,799 | €611,439 | +€111,640 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €72,301 | €304,675 | +€232,374 | +321% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €223,639 | €142,079 | -€81,560 | -36.5% |
| Suppliers | 440/4 | €223,639 | €142,079 | -€81,560 | -36.5% |
| Advances received on contracts in progress | 46 | €1,250 | €2,000 | +€750 | +60.0% |
| Taxes, remuneration and social security | 45 | €127,609 | €87,685 | -€39,924 | -31.3% |
| Taxes | 450/3 | €75,151 | €33,995 | -€41,156 | -54.8% |
| Remuneration and social security | 454/9 | €52,458 | €53,690 | +€1,232 | +2.3% |
| Remuneration, social security and pensions | 62 | €397,626 | €510,068 | +€112,442 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,680 | €106,312 | +€4,632 | +4.6% |
| Other operating charges | 640/8 | €6,267 | €5,879 | -€388 | -6.2% |
| Gross operating margin | 9900 | €570,322 | €678,065 | +€107,743 | +18.9% |
| Operating profit (loss) | 9901 | €64,749 | €55,805 | -€8,944 | -13.8% |
| Financial income | 75/76B | €2,478 | €4,045 | +€1,568 | +63.3% |
| Recurring financial income | 75 | €2,478 | €4,045 | +€1,568 | +63.3% |
| Financial charges | 65/66B | €32,310 | €31,002 | -€1,308 | -4.0% |
| Recurring financial charges | 65 | €31,532 | €31,002 | -€530 | -1.7% |
| Non-recurring financial charges | 66B | €778 | - | -€778 | |
| Profit (loss) for the period before taxes | 9903 | €34,917 | €28,848 | -€6,068 | -17.4% |
| Income taxes | 67/77 | €10,272 | €7,733 | -€2,539 | -24.7% |
| Profit (loss) for the period | 9904 | €24,645 | €21,115 | -€3,530 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,645 | €21,115 | -€3,530 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.