DANASSA: 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.
What changed
DANASSA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,340
2024 · -€26,462+€10,123
Equity
€1.1m
2024 · €1.1m-€16,340
Cash
€786
2024 · €3,941-€3,155
Balance sheet total
€2.1m
2024 · €2.2m-€96,418
Largest movements
Assets
- Tangible fixed assets -€91,411
down €91,411 (-4.6%), from €2.0m to €1.9m
of which Land and buildings: -€95,033
Equity and liabilities
- Debts after one year -€70,838
down €70,838 (-11.5%), from €617,903 to €547,065
of which Financial debts: -€70,838
- Reserves -€25,985
down €25,985 (-2.4%), from €1.1m to €1.1m
of which Tax-exempt reserves: -€25,985
Income statement
- Gross operating margin +€7,123
up €7,123 (+5.7%), from €125,319 to €132,442
- Financial charges -€4,964
down €4,964 (-17.9%), from €27,662 to €22,699
- Other operating charges -€2,631
down €2,631 (-8.0%), from €32,719 to €30,088
- Depreciation +€2,431
up €2,431 (+2.4%), from €100,869 to €103,301
- Taxes +€2,164
new in 2025: €2,164
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.
Result 2024
-€26,462
Gross operating margin
+€7,123
Depreciation
-€2,431
Other operating charges
+€2,631
Financial charges
+€4,964
Taxes
-€2,164
Result 2025
-€16,340
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.
From operations
+€81,189
Investment
-€11,890
Financing
-€72,454
Cash 2024
€3,941
From operations (derived)
+€81,189
Net result for the year
-€16,340
Depreciation
+€103,301
Receivables within one year
+€1,883
Deferred charges and accrued income
-€31
Provisions
-€9,470
Trade debts
-€3,597
Tax, wage and social debts
+€7,601
Advances received
-€2,263
Other debts
-€1,046
Accrued charges and deferred income
+€1,150
Investment (derived)
-€11,890
Investment in fixed assets (net)
-€11,890
Financing
-€72,454
Debts after one year
-€70,838
Current portion of long-term debt
-€1,616
Cash 2025
€786
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,186,544 | €2,090,125 | -€96,418 | -4.4% |
| Fixed assets | 21/28 | €1,979,339 | €1,887,929 | -€91,411 | -4.6% |
| Tangible fixed assets | 22/27 | €1,974,701 | €1,883,290 | -€91,411 | -4.6% |
| Land and buildings | 22 | €1,961,784 | €1,866,751 | -€95,033 | -4.8% |
| Other tangible fixed assets | 26 | €12,917 | €16,539 | +€3,622 | +28.0% |
| Financial fixed assets | 28 | €4,638 | €4,638 | = | 0.0% |
| Current assets | 29/58 | €207,205 | €202,197 | -€5,008 | -2.4% |
| Amounts receivable within one year | 40/41 | €6,003 | €4,119 | -€1,883 | -31.4% |
| Trade receivables | 40 | €6,003 | €4,119 | -€1,883 | -31.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €194,404 | €194,404 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,941 | €786 | -€3,155 | -80.1% |
| Deferred charges and accrued income | 490/1 | €2,857 | €2,888 | +€31 | +1.1% |
| Total equity and liabilities | 10/49 | €2,186,544 | €2,090,125 | -€96,418 | -4.4% |
| Equity | 10/15 | €1,104,903 | €1,088,564 | -€16,340 | -1.5% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €1,098,037 | €1,072,052 | -€25,985 | -2.4% |
| Non-distributable reserves | 130/1 | €200,904 | €200,904 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €194,404 | €194,404 | = | 0.0% |
| Tax-exempt reserves | 132 | €616,947 | €590,962 | -€25,985 | -4.2% |
| Distributable reserves | 133 | €280,186 | €280,186 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,134 | -€48,488 | +€9,646 | +16.6% |
| Provisions and deferred taxes | 16 | €220,322 | €210,852 | -€9,470 | -4.3% |
| Deferred taxes | 168 | €220,322 | €210,852 | -€9,470 | -4.3% |
| Amounts payable | 17/49 | €861,319 | €790,710 | -€70,609 | -8.2% |
| Amounts payable after more than one year | 17 | €617,903 | €547,065 | -€70,838 | -11.5% |
| Financial debts | 170/4 | €615,903 | €545,065 | -€70,838 | -11.5% |
| Other amounts payable | 178/9 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €243,416 | €242,495 | -€921 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €22,804 | €21,188 | -€1,616 | -7.1% |
| Trade debts | 44 | €41,295 | €37,698 | -€3,597 | -8.7% |
| Suppliers | 440/4 | €41,295 | €37,698 | -€3,597 | -8.7% |
| Advances received on contracts in progress | 46 | €22,453 | €20,190 | -€2,263 | -10.1% |
| Taxes, remuneration and social security | 45 | €19,450 | €27,051 | +€7,601 | +39.1% |
| Taxes | 450/3 | €19,450 | €27,051 | +€7,601 | +39.1% |
| Other amounts payable | 47/48 | €137,414 | €136,368 | -€1,046 | -0.8% |
| Accrued charges and deferred income | 492/3 | €0 | €1,150 | +€1,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,869 | €103,301 | +€2,431 | +2.4% |
| Other operating charges | 640/8 | €32,719 | €30,088 | -€2,631 | -8.0% |
| Gross operating margin | 9900 | €125,319 | €132,442 | +€7,123 | +5.7% |
| Operating profit (loss) | 9901 | -€8,270 | -€946 | +€7,323 | +88.6% |
| Financial charges | 65/66B | €27,662 | €22,699 | -€4,964 | -17.9% |
| Recurring financial charges | 65 | €27,662 | €22,699 | -€4,964 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€35,932 | -€23,645 | +€12,287 | +34.2% |
| Transfer from deferred taxes | 780 | €9,470 | €9,470 | = | 0.0% |
| Income taxes | 67/77 | - | €2,164 | +€2,164 | |
| Profit (loss) for the period | 9904 | -€26,462 | -€16,340 | +€10,123 | +38.3% |
| Transfer from tax-exempt reserves | 789 | €25,985 | €25,985 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€477 | €9,646 | +€10,123 |
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.