Dakota Group: 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.
Dakota Group
Largest movements
- Tangible fixed assets +€4.4m
up €4.4m (+59.3%), from €7.5m to €11.9m
of which Land and buildings: +€4.4m
- Receivables within one year +€482,210
up €482,210 (+148%), from €326,118 to €808,329
of which Trade receivables: +€340,434
- Cash -€395,021
down €395,021 (-63.1%), from €625,790 to €230,768
mainly Investment in fixed assets (net) (-€5.3m) and Short-term financial debts (-€2.8m)
- Financial fixed assets +€300,000
up €300,000 (+21.4%), from €1.4m to €1.7m
- Deferred charges and accrued income -€231,911
down €231,911 (-86.9%), from €266,820 to €34,909
- Debts after one year +€7.8m
up €7.8m (+446%), from €1.8m to €9.6m
of which Financial debts: +€5.8m
- Short-term financial debts -€2.8m
down €2.8m (-67.2%), from €4.1m to €1.3m
- Other debts +€1.2m
up €1.2m (+21.6%), from €5.4m to €6.6m
- Trade debts -€1.1m
down €1.1m (-65.3%), from €1.8m to €608,553
- Profit (loss) carried forward -€1.1m
down €1.1m (-45.1%), from -€2.4m to -€3.4m
- Depreciation +€250,344
up €250,344 (+76.6%), from €326,996 to €577,340
- Gross operating margin +€209,700
up €209,700 (+74.4%), from -€281,781 to -€72,081
- Financial income -€94,188
down €94,188 (-79.9%), from €117,809 to €23,621
- Financial charges +€46,657
up €46,657 (+16.1%), from €289,846 to €336,503
- Write-downs -€37,189
down €37,189 (-67.8%), from €54,890 to €17,700
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 | €16,929,770 | €21,374,021 | +€4.4m | +26.3% |
| Fixed assets | 21/28 | €8,869,107 | €13,596,958 | +€4.7m | +53.3% |
| Tangible fixed assets | 22/27 | €7,468,080 | €11,895,932 | +€4.4m | +59.3% |
| Land and buildings | 22 | €6,600,536 | €11,002,549 | +€4.4m | +66.7% |
| Plant, machinery and equipment | 23 | €602,774 | €615,940 | +€13,166 | +2.2% |
| Furniture and vehicles | 24 | €264,770 | €252,442 | -€12,328 | -4.7% |
| Other tangible fixed assets | 26 | - | €25,000 | +€25,000 | |
| Financial fixed assets | 28 | €1,401,026 | €1,701,026 | +€300,000 | +21.4% |
| Current assets | 29/58 | €8,060,664 | €7,777,063 | -€283,600 | -3.5% |
| Amounts receivable after more than one year | 29 | €3,675,000 | €3,600,000 | -€75,000 | -2.0% |
| Trade receivables | 290 | €3,675,000 | €0 | -€3.7m | -100% |
| Other amounts receivable | 291 | - | €3,600,000 | +€3.6m | |
| Stocks and contracts in progress | 3 | €3,166,936 | €3,103,057 | -€63,879 | -2.0% |
| Stocks | 30/36 | €3,166,936 | €3,103,057 | -€63,879 | -2.0% |
| Amounts receivable within one year | 40/41 | €326,118 | €808,329 | +€482,210 | +148% |
| Trade receivables | 40 | €165,317 | €505,751 | +€340,434 | +206% |
| Other amounts receivable | 41 | €160,801 | €302,577 | +€141,777 | +88.2% |
| Cash at bank and in hand | 54/58 | €625,790 | €230,768 | -€395,021 | -63.1% |
| Deferred charges and accrued income | 490/1 | €266,820 | €34,909 | -€231,911 | -86.9% |
| Total equity and liabilities | 10/49 | €16,929,770 | €21,374,021 | +€4.4m | +26.3% |
| Equity | 10/15 | €3,472,560 | €2,409,576 | -€1.1m | -30.6% |
| Contributions | 10/11 | €5,830,000 | €5,830,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,357,440 | -€3,420,424 | -€1.1m | -45.1% |
| Amounts payable | 17/49 | €13,457,211 | €18,964,445 | +€5.5m | +40.9% |
| Amounts payable after more than one year | 17 | €1,758,901 | €9,601,809 | +€7.8m | +446% |
| Financial debts | 170/4 | €1,753,301 | €7,596,209 | +€5.8m | +333% |
| Other amounts payable | 178/9 | €5,600 | €2,005,600 | +€2.0m | +35,714% |
| Amounts payable within one year | 42/48 | €11,695,647 | €9,318,006 | -€2.4m | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €432,000 | €781,205 | +€349,206 | +80.8% |
| Financial debts | 43 | €4,090,000 | €1,340,000 | -€2.8m | -67.2% |
| Credit institutions | 430/8 | €4,090,000 | €1,340,000 | -€2.8m | -67.2% |
| Trade debts | 44 | €1,751,968 | €608,553 | -€1.1m | -65.3% |
| Suppliers | 440/4 | €1,751,968 | €608,553 | -€1.1m | -65.3% |
| Taxes, remuneration and social security | 45 | €8,787 | €7,444 | -€1,343 | -15.3% |
| Taxes | 450/3 | €2,823 | €2,878 | +€55 | +2.0% |
| Remuneration and social security | 454/9 | €5,964 | €4,566 | -€1,398 | -23.4% |
| Other amounts payable | 47/48 | €5,412,892 | €6,580,804 | +€1.2m | +21.6% |
| Accrued charges and deferred income | 492/3 | €2,663 | €44,630 | +€41,966 | +1,576% |
| Remuneration, social security and pensions | 62 | €48,635 | €72,562 | +€23,927 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €326,996 | €577,340 | +€250,344 | +76.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €54,890 | €17,700 | -€37,189 | -67.8% |
| Other operating charges | 640/8 | €9,526 | €9,302 | -€225 | -2.4% |
| Gross operating margin | 9900 | -€281,781 | -€72,081 | +€209,700 | +74.4% |
| Operating profit (loss) | 9901 | -€721,827 | -€748,985 | -€27,157 | -3.8% |
| Financial income | 75/76B | €117,809 | €23,621 | -€94,188 | -79.9% |
| Recurring financial income | 75 | €117,809 | €23,621 | -€94,188 | -79.9% |
| Financial charges | 65/66B | €289,846 | €336,503 | +€46,657 | +16.1% |
| Recurring financial charges | 65 | €289,846 | €336,503 | +€46,657 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€893,864 | -€1,061,867 | -€168,003 | -18.8% |
| Income taxes | 67/77 | €31,581 | €1,117 | -€30,465 | -96.5% |
| Profit (loss) for the period | 9904 | -€925,445 | -€1,062,984 | -€137,538 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€925,445 | -€1,062,984 | -€137,538 | -14.9% |
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 31 October 2026 via checked.be.