DANATEL: what changed
Two fiscal 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.
DANATEL
Largest movements
- Cash +€65,660
up €65,660 (+41.7%), from €157,271 to €222,931
mainly Net result for the year (+€151,595) and Other debts (+€102,714)
- Receivables after one year +€32,500
up €32,500 (+37.6%), from €86,375 to €118,875
- Receivables within one year -€18,877
down €18,877 (-7.4%), from €256,250 to €237,373
of which Trade receivables: -€10,902
- Tangible fixed assets -€13,694
down €13,694 (-6.5%), from €210,182 to €196,488
of which Land and buildings: -€14,372
- Other debts +€102,714
up €102,714 (+1357.5%), from €7,567 to €110,281
- Reserves +€101,595
up €101,595 (+16.9%), from €600,299 to €701,894
of which Distributable reserves: +€120,961
- Profit (loss) carried forward -€57,143
down €57,143 (-36.0%), from €158,686 to €101,543
- Trade debts -€33,614
down €33,614 (-48.0%), from €70,051 to €36,437
- Debts after one year -€21,678
no longer reported in 2024 (was €21,678)
- Gross operating margin +€155,203
up €155,203 (+76.2%), from €203,734 to €358,936
- Taxes +€47,465
up €47,465 (+151.1%), from €31,406 to €78,871
- Write-downs -€7,200
no longer reported in 2024 (was €7,200)
- Other operating charges +€4,183
up €4,183 (+151.2%), from €2,766 to €6,950
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,073,156 | €1,138,531 | +€65,375 | +6.1% |
| Fixed assets | 21/28 | €556,115 | €542,421 | -€13,694 | -2.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €210,182 | €196,488 | -€13,694 | -6.5% |
| Land and buildings | 22 | €134,460 | €120,088 | -€14,372 | -10.7% |
| Plant, machinery and equipment | 23 | - | €1,633 | +€1,633 | |
| Furniture and vehicles | 24 | €47,589 | €47,900 | +€311 | +0.7% |
| Other tangible fixed assets | 26 | €28,133 | €26,867 | -€1,266 | -4.5% |
| Financial fixed assets | 28 | €345,933 | €345,933 | = | 0.0% |
| Current assets | 29/58 | €517,040 | €596,110 | +€79,069 | +15.3% |
| Amounts receivable after more than one year | 29 | €86,375 | €118,875 | +€32,500 | +37.6% |
| Other amounts receivable | 291 | €86,375 | €118,875 | +€32,500 | +37.6% |
| Stocks and contracts in progress | 3 | €12,391 | €12,298 | -€94 | -0.8% |
| Stocks | 30/36 | €12,391 | €12,298 | -€94 | -0.8% |
| Amounts receivable within one year | 40/41 | €256,250 | €237,373 | -€18,877 | -7.4% |
| Trade receivables | 40 | €240,775 | €229,873 | -€10,902 | -4.5% |
| Other amounts receivable | 41 | €15,475 | €7,500 | -€7,975 | -51.5% |
| Cash at bank and in hand | 54/58 | €157,271 | €222,931 | +€65,660 | +41.7% |
| Deferred charges and accrued income | 490/1 | €4,753 | €4,633 | -€120 | -2.5% |
| Total equity and liabilities | 10/49 | €1,073,156 | €1,138,531 | +€65,375 | +6.1% |
| Equity | 10/15 | €865,085 | €909,537 | +€44,452 | +5.1% |
| Contributions | 10/11 | €106,100 | €106,100 | = | 0.0% |
| Reserves | 13 | €600,299 | €701,894 | +€101,595 | +16.9% |
| Tax-exempt reserves | 132 | €74,241 | €54,875 | -€19,366 | -26.1% |
| Distributable reserves | 133 | €526,058 | €647,019 | +€120,961 | +23.0% |
| Profit (loss) carried forward | 14 | €158,686 | €101,543 | -€57,143 | -36.0% |
| Amounts payable | 17/49 | €208,071 | €228,994 | +€20,923 | +10.1% |
| Amounts payable after more than one year | 17 | €21,678 | - | -€21,678 | |
| Financial debts | 170/4 | €21,678 | - | -€21,678 | |
| Amounts payable within one year | 42/48 | €186,324 | €228,892 | +€42,568 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €38,226 | €21,678 | -€16,547 | -43.3% |
| Trade debts | 44 | €70,051 | €36,437 | -€33,614 | -48.0% |
| Suppliers | 440/4 | €70,051 | €36,437 | -€33,614 | -48.0% |
| Taxes, remuneration and social security | 45 | €70,481 | €60,497 | -€9,985 | -14.2% |
| Taxes | 450/3 | €41,145 | €48,894 | +€7,749 | +18.8% |
| Remuneration and social security | 454/9 | €29,336 | €11,603 | -€17,734 | -60.5% |
| Other amounts payable | 47/48 | €7,567 | €110,281 | +€102,714 | +1357.5% |
| Accrued charges and deferred income | 492/3 | €68 | €102 | +€34 | +49.4% |
| Remuneration, social security and pensions | 62 | €81,388 | €84,050 | +€2,662 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,240 | €39,348 | +€3,109 | +8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,200 | - | -€7,200 | |
| Other operating charges | 640/8 | €2,766 | €6,950 | +€4,183 | +151.2% |
| Non-recurring operating charges | 66A | €5,400 | - | -€5,400 | |
| Gross operating margin | 9900 | €203,734 | €358,936 | +€155,203 | +76.2% |
| Operating profit (loss) | 9901 | €70,740 | €228,588 | +€157,848 | +223.1% |
| Financial income | 75/76B | €2,332 | €5,535 | +€3,203 | +137.4% |
| Recurring financial income | 75 | €2,332 | €5,535 | +€3,203 | +137.4% |
| Financial charges | 65/66B | €2,633 | €3,658 | +€1,024 | +38.9% |
| Recurring financial charges | 65 | €2,633 | €3,658 | +€1,024 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €70,438 | €230,466 | +€160,027 | +227.2% |
| Income taxes | 67/77 | €31,406 | €78,871 | +€47,465 | +151.1% |
| Profit (loss) for the period | 9904 | €39,032 | €151,595 | +€112,562 | +288.4% |
| Transfer from tax-exempt reserves | 789 | €33,534 | €19,366 | -€14,168 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,566 | €170,961 | +€98,394 | +135.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.