DANCA: 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.
DANCA
Largest movements
- Tangible fixed assets +€594,945
up €594,945 (+65.1%), from €913,589 to €1.5m
of which Land and buildings: +€555,206
- Other debts +€746,765
up €746,765 (+403.8%), from €184,946 to €931,710
- Reserves -€62,772
down €62,772 (-38.0%), from €165,329 to €102,556
of which Tax-exempt reserves: -€62,772
- Debts after one year -€40,000
down €40,000 (-70.6%), from €56,666 to €16,666
- Provisions -€32,323
down €32,323 (-42.9%), from €75,382 to €43,059
- Profit (loss) carried forward -€21,922
down €21,922 (-6.8%), from €322,812 to €300,890
- Purchases and services +€83,454
new in 2025: €83,454
- Gross operating margin -€31,705
down €31,705 (-61.0%), from €51,949 to €20,245
- Financial charges +€19,012
up €19,012 (+931.6%), from €2,041 to €21,053
of which Financial charges: +€18,885
- Taxes -€16,144
down €16,144 (-100.0%), from €16,144 to €0
- Depreciation +€15,523
up €15,523 (+16.7%), from €92,888 to €108,411
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 | €954,551 | €1,541,264 | +€586,712 | +61.5% |
| Fixed assets | 21/28 | €913,589 | €1,508,534 | +€594,945 | +65.1% |
| Tangible fixed assets | 22/27 | €913,589 | €1,508,534 | +€594,945 | +65.1% |
| Land and buildings | 22 | €806,957 | €1,362,164 | +€555,206 | +68.8% |
| Plant, machinery and equipment | 23 | €37,656 | €46,289 | +€8,633 | +22.9% |
| Furniture and vehicles | 24 | €68,976 | €100,082 | +€31,106 | +45.1% |
| Current assets | 29/58 | €40,963 | €32,730 | -€8,233 | -20.1% |
| Amounts receivable within one year | 40/41 | €11,966 | €0 | -€11,966 | -100.0% |
| Trade receivables | 40 | €11,966 | - | -€11,966 | |
| Cash at bank and in hand | 54/58 | €28,602 | €30,635 | +€2,033 | +7.1% |
| Deferred charges and accrued income | 490/1 | €395 | €2,095 | +€1,700 | +429.9% |
| Total equity and liabilities | 10/49 | €954,551 | €1,541,264 | +€586,712 | +61.5% |
| Equity | 10/15 | €581,140 | €496,446 | -€84,694 | -14.6% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Capital | 10 | €93,000 | €93,000 | = | 0.0% |
| Issued capital | 100 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €165,329 | €102,556 | -€62,772 | -38.0% |
| Non-distributable reserves | 130/1 | €9,300 | €9,300 | = | 0.0% |
| Legal reserve | 130 | €9,300 | €9,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €154,737 | €91,965 | -€62,772 | -40.6% |
| Distributable reserves | 133 | €1,291 | €1,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | €322,812 | €300,890 | -€21,922 | -6.8% |
| Provisions and deferred taxes | 16 | €75,382 | €43,059 | -€32,323 | -42.9% |
| Deferred taxes | 168 | €75,382 | €43,059 | -€32,323 | -42.9% |
| Amounts payable | 17/49 | €298,030 | €1,001,758 | +€703,729 | +236.1% |
| Amounts payable after more than one year | 17 | €56,666 | €16,666 | -€40,000 | -70.6% |
| Financial debts | 170/4 | €56,666 | €16,666 | -€40,000 | -70.6% |
| Amounts payable within one year | 42/48 | €241,364 | €985,092 | +€743,729 | +308.1% |
| Current portion of amounts payable after more than one year | 42 | €40,000 | €40,000 | = | 0.0% |
| Trade debts | 44 | - | €3,488 | +€3,488 | |
| Suppliers | 440/4 | - | €3,488 | +€3,488 | |
| Advances received on contracts in progress | 46 | €735 | €4,050 | +€3,315 | +451.0% |
| Taxes, remuneration and social security | 45 | €15,683 | €5,844 | -€9,839 | -62.7% |
| Taxes | 450/3 | €15,683 | €5,844 | -€9,839 | -62.7% |
| Other amounts payable | 47/48 | €184,946 | €931,710 | +€746,765 | +403.8% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €83,454 | +€83,454 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,888 | €108,411 | +€15,523 | +16.7% |
| Other operating charges | 640/8 | €7,521 | €7,827 | +€306 | +4.1% |
| Gross operating margin | 9900 | €51,949 | €20,245 | -€31,705 | -61.0% |
| Operating profit (loss) | 9901 | -€48,460 | -€95,993 | -€47,534 | -98.1% |
| Financial income | 75/76B | €10,702 | €30 | -€10,672 | -99.7% |
| Recurring financial income | 75 | €1,538 | €30 | -€1,509 | -98.1% |
| Non-recurring financial income | 76B | €9,164 | - | -€9,164 | |
| Financial charges | 65/66B | €2,041 | €21,053 | +€19,012 | +931.6% |
| Recurring financial charges | 65 | €2,041 | €20,926 | +€18,885 | +925.4% |
| Non-recurring financial charges | 66B | - | €127 | +€127 | |
| Profit (loss) for the period before taxes | 9903 | -€39,798 | -€117,016 | -€77,218 | -194.0% |
| Transfer from deferred taxes | 780 | €32,323 | €32,323 | = | 0.0% |
| Income taxes | 67/77 | €16,144 | €0 | -€16,144 | -100.0% |
| Profit (loss) for the period | 9904 | -€23,620 | -€84,694 | -€61,074 | -258.6% |
| Transfer from tax-exempt reserves | 789 | €62,772 | €62,772 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,152 | -€21,922 | -€61,074 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.