DALYS: 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.
DALYS
Largest movements
- Current investments +€2.0m
new in 2025: €2.0m
- Financial fixed assets -€661,522
down €661,522 (-27.9%), from €2.4m to €1.7m
- Cash +€421,110
up €421,110 (+844%), from €49,902 to €471,012
mainly Other debts (+€1.4m) and Investment in fixed assets (net) (+€661,522)
- Receivables within one year -€87,643
down €87,643 (-13.8%), from €636,223 to €548,580
of which Other amounts receivable: -€86,992
- Other debts +€1.4m
up €1.4m, from €0 to €1.4m
- Profit (loss) carried forward +€269,389
up €269,389 (+8.2%), from €3.3m to €3.6m
- Financial income -€232,366
down €232,366 (-43.6%), from €533,116 to €300,750
- Gross operating margin +€180,224
up €180,224 (+303%), from €59,400 to €239,624
- Financial charges +€56,087
up €56,087 (+58.2%), from €96,356 to €152,443
- Staff costs +€24,973
up €24,973 (+29.2%), from €85,545 to €110,518
- Taxes +€6,722
up €6,722 (+5,228%), from €129 to €6,850
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 | €3,349,338 | €5,062,910 | +€1.7m | +51.2% |
| Fixed assets | 21/28 | €2,655,485 | €1,993,962 | -€661,522 | -24.9% |
| Tangible fixed assets | 22/27 | €280,500 | €280,500 | = | 0.0% |
| Land and buildings | 22 | €280,500 | €280,500 | = | 0.0% |
| Financial fixed assets | 28 | €2,374,985 | €1,713,462 | -€661,522 | -27.9% |
| Current assets | 29/58 | €693,853 | €3,068,947 | +€2.4m | +342% |
| Amounts receivable within one year | 40/41 | €636,223 | €548,580 | -€87,643 | -13.8% |
| Trade receivables | 40 | €151,854 | €151,203 | -€651 | -0.4% |
| Other amounts receivable | 41 | €484,369 | €397,377 | -€86,992 | -18.0% |
| Current investments | 50/53 | - | €2,041,180 | +€2.0m | |
| Cash at bank and in hand | 54/58 | €49,902 | €471,012 | +€421,110 | +844% |
| Deferred charges and accrued income | 490/1 | €7,728 | €8,176 | +€448 | +5.8% |
| Total equity and liabilities | 10/49 | €3,349,338 | €5,062,910 | +€1.7m | +51.2% |
| Equity | 10/15 | €3,312,800 | €3,582,190 | +€269,389 | +8.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,290,800 | €3,560,190 | +€269,389 | +8.2% |
| Amounts payable | 17/49 | €36,537 | €1,480,720 | +€1.4m | +3,953% |
| Amounts payable within one year | 42/48 | €36,537 | €1,480,720 | +€1.4m | +3,953% |
| Trade debts | 44 | €1,995 | €13,552 | +€11,557 | +579% |
| Suppliers | 440/4 | €1,995 | €13,552 | +€11,557 | +579% |
| Taxes, remuneration and social security | 45 | €34,542 | €28,239 | -€6,304 | -18.2% |
| Taxes | 450/3 | €21,586 | €16,420 | -€5,166 | -23.9% |
| Remuneration and social security | 454/9 | €12,956 | €11,819 | -€1,137 | -8.8% |
| Other amounts payable | 47/48 | €0 | €1,438,929 | +€1.4m | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €85,545 | €110,518 | +€24,973 | +29.2% |
| Other operating charges | 640/8 | €1,093 | €1,173 | +€80 | +7.4% |
| Gross operating margin | 9900 | €59,400 | €239,624 | +€180,224 | +303% |
| Operating profit (loss) | 9901 | -€27,237 | €127,934 | +€155,171 | |
| Financial income | 75/76B | €533,116 | €300,750 | -€232,366 | -43.6% |
| Recurring financial income | 75 | €533,116 | €300,750 | -€232,366 | -43.6% |
| Financial charges | 65/66B | €96,356 | €152,443 | +€56,087 | +58.2% |
| Recurring financial charges | 65 | €96,356 | €152,443 | +€56,087 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | €409,523 | €276,240 | -€133,283 | -32.5% |
| Income taxes | 67/77 | €129 | €6,850 | +€6,722 | +5,228% |
| Profit (loss) for the period | 9904 | €409,394 | €269,389 | -€140,005 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €409,394 | €269,389 | -€140,005 | -34.2% |
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 14 October 2026 via checked.be.