Dak 12: 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.
Dak 12
Largest movements
- Tangible fixed assets -€4,982
down €4,982 (-23.2%), from €21,519 to €16,537
- Receivables within one year +€4,233
up €4,233 (+39.4%), from €10,733 to €14,965
of which Trade receivables: +€8,681
- Other debts +€12,058
up €12,058 (+143.5%), from €8,400 to €20,458
- Trade debts -€8,125
down €8,125 (-48.1%), from €16,888 to €8,763
- Tax, wage and social debts -€4,966
down €4,966 (-48.4%), from €10,268 to €5,302
of which Taxes: -€4,966
- Gross operating margin -€22,655
down €22,655 (-39.4%), from €57,457 to €34,802
- Taxes -€6,396
down €6,396 (-46.4%), from €13,783 to €7,387
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 | €217,295 | €215,135 | -€2,160 | -1.0% |
| Fixed assets | 21/28 | €21,519 | €16,537 | -€4,982 | -23.2% |
| Tangible fixed assets | 22/27 | €21,519 | €16,537 | -€4,982 | -23.2% |
| Land and buildings | 22 | €16,025 | €14,021 | -€2,003 | -12.5% |
| Plant, machinery and equipment | 23 | €1,233 | €702 | -€531 | -43.1% |
| Furniture and vehicles | 24 | €4,261 | €1,813 | -€2,448 | -57.4% |
| Current assets | 29/58 | €195,776 | €198,598 | +€2,822 | +1.4% |
| Amounts receivable within one year | 40/41 | €10,733 | €14,965 | +€4,233 | +39.4% |
| Trade receivables | 40 | €5,352 | €14,033 | +€8,681 | +162.2% |
| Other amounts receivable | 41 | €5,381 | €932 | -€4,448 | -82.7% |
| Cash at bank and in hand | 54/58 | €184,137 | €183,513 | -€624 | -0.3% |
| Deferred charges and accrued income | 490/1 | €906 | €120 | -€786 | -86.7% |
| Total equity and liabilities | 10/49 | €217,295 | €215,135 | -€2,160 | -1.0% |
| Equity | 10/15 | €181,739 | €180,612 | -€1,127 | -0.6% |
| Contributions | 10/11 | €15,500 | €15,500 | = | 0.0% |
| Reserves | 13 | €166,239 | €165,109 | -€1,130 | -0.7% |
| Distributable reserves | 133 | €166,239 | €165,109 | -€1,130 | -0.7% |
| Profit (loss) carried forward | 14 | €0 | €3 | +€3 | +1750.0% |
| Amounts payable | 17/49 | €35,556 | €34,523 | -€1,033 | -2.9% |
| Amounts payable within one year | 42/48 | €35,556 | €34,523 | -€1,033 | -2.9% |
| Trade debts | 44 | €16,888 | €8,763 | -€8,125 | -48.1% |
| Suppliers | 440/4 | €16,888 | €8,763 | -€8,125 | -48.1% |
| Taxes, remuneration and social security | 45 | €10,268 | €5,302 | -€4,966 | -48.4% |
| Taxes | 450/3 | €10,033 | €5,067 | -€4,966 | -49.5% |
| Remuneration and social security | 454/9 | €235 | €235 | = | 0.0% |
| Other amounts payable | 47/48 | €8,400 | €20,458 | +€12,058 | +143.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,178 | €7,006 | -€172 | -2.4% |
| Other operating charges | 640/8 | €2,448 | €2,109 | -€339 | -13.8% |
| Gross operating margin | 9900 | €57,457 | €34,802 | -€22,655 | -39.4% |
| Operating profit (loss) | 9901 | €47,831 | €25,687 | -€22,144 | -46.3% |
| Financial income | 75/76B | €315 | €222 | -€92 | -29.3% |
| Recurring financial income | 75 | €315 | €222 | -€92 | -29.3% |
| Financial charges | 65/66B | €181 | €149 | -€32 | -17.7% |
| Recurring financial charges | 65 | €181 | €149 | -€32 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €47,964 | €25,760 | -€22,204 | -46.3% |
| Income taxes | 67/77 | €13,783 | €7,387 | -€6,396 | -46.4% |
| Profit (loss) for the period | 9904 | €34,181 | €18,373 | -€15,809 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,181 | €18,373 | -€15,809 | -46.2% |
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 9 October 2026 via checked.be.