DANAC: 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.
DANAC
Largest movements
- Cash +€123,028
up €123,028 (+609%), from €20,211 to €143,239
mainly Net result for the year (+€86,796) and Other debts (+€73,724)
- Current investments -€60,066
down €60,066 (-60.1%), from €100,000 to €39,934
- Stocks and contracts +€27,435
up €27,435 (+10.5%), from €260,906 to €288,340
- Tangible fixed assets -€14,643
down €14,643 (-35.2%), from €41,600 to €26,957
of which Furniture and vehicles: -€13,780
- Receivables within one year -€11,912
down €11,912 (-6.4%), from €185,607 to €173,695
of which Other amounts receivable: -€49,649
- Other debts +€73,724
up €73,724 (+750%), from €9,835 to €83,558
- Tax, wage and social debts +€24,191
up €24,191 (+135%), from €17,983 to €42,174
of which Taxes: +€17,047
- Trade debts -€17,176
down €17,176 (-53.1%), from €32,374 to €15,198
- Debts after one year -€15,308
down €15,308 (-4.0%), from €379,172 to €363,864
- Gross operating margin +€52,693
up €52,693 (+66.2%), from €79,600 to €132,293
- Taxes +€12,098
up €12,098 (+93.1%), from €12,995 to €25,093
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 | €608,323 | €673,989 | +€65,666 | +10.8% |
| Fixed assets | 21/28 | €41,600 | €26,957 | -€14,643 | -35.2% |
| Tangible fixed assets | 22/27 | €41,600 | €26,957 | -€14,643 | -35.2% |
| Furniture and vehicles | 24 | €34,423 | €20,642 | -€13,780 | -40.0% |
| Other tangible fixed assets | 26 | €7,177 | €6,315 | -€863 | -12.0% |
| Current assets | 29/58 | €566,723 | €647,032 | +€80,309 | +14.2% |
| Stocks and contracts in progress | 3 | €260,906 | €288,340 | +€27,435 | +10.5% |
| Stocks | 30/36 | €260,906 | €288,340 | +€27,435 | +10.5% |
| Amounts receivable within one year | 40/41 | €185,607 | €173,695 | -€11,912 | -6.4% |
| Trade receivables | 40 | €119,495 | €157,232 | +€37,737 | +31.6% |
| Other amounts receivable | 41 | €66,112 | €16,463 | -€49,649 | -75.1% |
| Current investments | 50/53 | €100,000 | €39,934 | -€60,066 | -60.1% |
| Cash at bank and in hand | 54/58 | €20,211 | €143,239 | +€123,028 | +609% |
| Deferred charges and accrued income | 490/1 | - | €1,824 | +€1,824 | |
| Total equity and liabilities | 10/49 | €608,323 | €673,989 | +€65,666 | +10.8% |
| Equity | 10/15 | €153,887 | €153,887 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €150,887 | €150,887 | = | 0.0% |
| Distributable reserves | 133 | €150,887 | €150,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €454,436 | €520,102 | +€65,666 | +14.5% |
| Amounts payable after more than one year | 17 | €379,172 | €363,864 | -€15,308 | -4.0% |
| Financial debts | 170/4 | €379,172 | €363,864 | -€15,308 | -4.0% |
| Amounts payable within one year | 42/48 | €75,264 | €156,238 | +€80,974 | +108% |
| Current portion of amounts payable after more than one year | 42 | €15,072 | €15,308 | +€235 | +1.6% |
| Trade debts | 44 | €32,374 | €15,198 | -€17,176 | -53.1% |
| Suppliers | 440/4 | €32,374 | €15,198 | -€17,176 | -53.1% |
| Taxes, remuneration and social security | 45 | €17,983 | €42,174 | +€24,191 | +135% |
| Taxes | 450/3 | €17,983 | €35,030 | +€17,047 | +94.8% |
| Remuneration and social security | 454/9 | - | €7,144 | +€7,144 | |
| Other amounts payable | 47/48 | €9,835 | €83,558 | +€73,724 | +750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,598 | €15,766 | +€168 | +1.1% |
| Other operating charges | 640/8 | €1,235 | €1,294 | +€59 | +4.8% |
| Gross operating margin | 9900 | €79,600 | €132,293 | +€52,693 | +66.2% |
| Operating profit (loss) | 9901 | €62,768 | €115,233 | +€52,466 | +83.6% |
| Financial income | 75/76B | €1,154 | €1,221 | +€67 | +5.8% |
| Recurring financial income | 75 | €1,154 | €1,221 | +€67 | +5.8% |
| Financial charges | 65/66B | €3,575 | €4,567 | +€991 | +27.7% |
| Recurring financial charges | 65 | €3,575 | €4,567 | +€991 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €60,347 | €111,888 | +€51,541 | +85.4% |
| Income taxes | 67/77 | €12,995 | €25,093 | +€12,098 | +93.1% |
| Profit (loss) for the period | 9904 | €47,352 | €86,796 | +€39,444 | +83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,352 | €86,796 | +€39,444 | +83.3% |
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 13 October 2026 via checked.be.