DALEY: 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.
DALEY
Largest movements
- Receivables within one year +€26,819
up €26,819 (+169.0%), from €15,872 to €42,691
of which Other amounts receivable: +€14,697
- Intangible fixed assets +€7,846
up €7,846 (+334.9%), from €2,343 to €10,189
- Tangible fixed assets +€6,504
up €6,504 (+39.1%), from €16,627 to €23,132
of which Plant, machinery and equipment: +€9,751
- Cash +€2,800
up €2,800 (+23.8%), from €11,749 to €14,549
mainly Debts after one year (+€25,000) and Trade debts (+€22,693)
- Deferred charges and accrued income +€2,211
up €2,211 (+98.4%), from €2,248 to €4,459
- Debts after one year +€25,000
up €25,000 (+71.4%), from €35,000 to €60,000
- Trade debts +€22,693
up €22,693 (+350.3%), from €6,479 to €29,171
- Tax, wage and social debts +€4,893
up €4,893 (+702.6%), from €696 to €5,590
of which Taxes: +€3,893
- Other debts -€4,710
down €4,710 (-100.0%), from €4,710 to €0
- Profit (loss) carried forward -€1,695
down €1,695 (-82.9%), from -€2,046 to -€3,741
- Depreciation +€5,378
up €5,378 (+271.8%), from €1,979 to €7,357
- Gross operating margin -€2,042
down €2,042 (-25.6%), from €7,985 to €5,943
- Financial income +€152
up €152 (+200.0%), from €76 to €227
- Other operating charges -€105
down €105 (-24.9%), from €422 to €317
- Financial charges +€103
up €103 (+114.6%), from €90 to €192
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 | €48,839 | €95,020 | +€46,181 | +94.6% |
| Fixed assets | 21/28 | €18,970 | €33,321 | +€14,351 | +75.6% |
| Intangible fixed assets | 21 | €2,343 | €10,189 | +€7,846 | +334.9% |
| Tangible fixed assets | 22/27 | €16,627 | €23,132 | +€6,504 | +39.1% |
| Plant, machinery and equipment | 23 | €5,378 | €15,129 | +€9,751 | +181.3% |
| Furniture and vehicles | 24 | €11,249 | €8,002 | -€3,247 | -28.9% |
| Current assets | 29/58 | €29,869 | €61,699 | +€31,830 | +106.6% |
| Amounts receivable within one year | 40/41 | €15,872 | €42,691 | +€26,819 | +169.0% |
| Trade receivables | 40 | €9,267 | €21,389 | +€12,121 | +130.8% |
| Other amounts receivable | 41 | €6,605 | €21,302 | +€14,697 | +222.5% |
| Cash at bank and in hand | 54/58 | €11,749 | €14,549 | +€2,800 | +23.8% |
| Deferred charges and accrued income | 490/1 | €2,248 | €4,459 | +€2,211 | +98.4% |
| Total equity and liabilities | 10/49 | €48,839 | €95,020 | +€46,181 | +94.6% |
| Equity | 10/15 | €1,954 | €259 | -€1,695 | -86.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,046 | -€3,741 | -€1,695 | -82.9% |
| Amounts payable | 17/49 | €46,885 | €94,761 | +€47,876 | +102.1% |
| Amounts payable after more than one year | 17 | €35,000 | €60,000 | +€25,000 | +71.4% |
| Financial debts | 170/4 | €35,000 | €60,000 | +€25,000 | +71.4% |
| Amounts payable within one year | 42/48 | €11,885 | €34,761 | +€22,876 | +192.5% |
| Trade debts | 44 | €6,479 | €29,171 | +€22,693 | +350.3% |
| Suppliers | 440/4 | €6,479 | €29,171 | +€22,693 | +350.3% |
| Taxes, remuneration and social security | 45 | €696 | €5,590 | +€4,893 | +702.6% |
| Taxes | 450/3 | €696 | €4,590 | +€3,893 | +559.1% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €4,710 | €0 | -€4,710 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,979 | €7,357 | +€5,378 | +271.8% |
| Other operating charges | 640/8 | €422 | €317 | -€105 | -24.9% |
| Non-recurring operating charges | 66A | €7,520 | €0 | -€7,520 | -100.0% |
| Gross operating margin | 9900 | €7,985 | €5,943 | -€2,042 | -25.6% |
| Operating profit (loss) | 9901 | -€1,936 | -€1,730 | +€206 | +10.6% |
| Financial income | 75/76B | €76 | €227 | +€152 | +200.0% |
| Recurring financial income | 75 | €76 | €227 | +€152 | +200.0% |
| Financial charges | 65/66B | €90 | €192 | +€103 | +114.6% |
| Recurring financial charges | 65 | €90 | €192 | +€103 | +114.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,950 | -€1,695 | +€254 | +13.1% |
| Income taxes | 67/77 | €96 | €0 | -€96 | -100.0% |
| Profit (loss) for the period | 9904 | -€2,046 | -€1,695 | +€351 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,046 | -€1,695 | +€351 | +17.1% |
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 10 October 2026 via checked.be.