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DANCO: 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.

What changed

DANCO

BE 1007.266.509
NACE 41.003, General construction of other non-residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,200
2024 · €11,111+€1,088
Equity
€26,311
2024 · €14,111+€12,200
Cash
€10,803
2024 · €668+€10,136
Balance sheet total
€179,849
2024 · €56,226+€123,624

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€113,100

    up €113,100 (+206.5%), from €54,782 to €167,882

    of which Trade receivables: +€95,377

  • Cash +€10,136

    up €10,136 (+1518.4%), from €668 to €10,803

    mainly Trade debts (+€107,420) and Net result for the year (+€12,200)

Equity and liabilities
  • Trade debts +€107,420

    up €107,420 (+695.6%), from €15,442 to €122,862

  • Reserves +€12,200

    up €12,200 (+109.8%), from €11,111 to €23,311

  • Tax, wage and social debts +€8,521

    up €8,521 (+175.2%), from €4,864 to €13,385

  • Debts after one year -€4,857

    down €4,857 (-53.8%), from €9,020 to €4,163

Income statement
  • Gross operating margin +€9,365

    up €9,365 (+64.5%), from €14,526 to €23,891

  • Financial charges +€5,538

    up €5,538 (+3588.3%), from €154 to €5,692

  • Other operating charges +€688

    up €688 (+275.2%), from €250 to €938

  • Write-downs +€595

    new in 2025: €595

  • Financial income +€548

    up €548 (+18281.0%), from €3 to €551

From the 2024 result to the 2025 result

effect on the 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 €11,111
Gross operating margin +€9,365
Depreciation -€168
Write-downs -€595
Other operating charges -€688
Other operating items -€1,446
Financial income +€548
Financial charges -€5,538
Taxes -€390
Result 2025 €12,200

Cash bridge derived

cash 2024 to 2025

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 +€14,845
Investment €0
Financing -€4,709
Cash 2024 €668
Net result for the year +€12,200
Depreciation +€304
Receivables within one year -€113,100
Deferred charges and accrued income -€692
Trade debts +€107,420
Tax, wage and social debts +€8,521
Other debts +€192
Debts after one year -€4,857
Current portion of long-term debt +€148
Cash 2025 €10,803
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €56,226 €179,849 +€123,624 +219.9%
Fixed assets 21/28 €777 €472 -€304 -39.2%
Tangible fixed assets 22/27 €777 €472 -€304 -39.2%
Furniture and vehicles 24 €777 €472 -€304 -39.2%
Current assets 29/58 €55,449 €179,377 +€123,928 +223.5%
Amounts receivable within one year 40/41 €54,782 €167,882 +€113,100 +206.5%
Trade receivables 40 €53,981 €149,358 +€95,377 +176.7%
Other amounts receivable 41 €801 €18,524 +€17,723 +2214.0%
Cash at bank and in hand 54/58 €668 €10,803 +€10,136 +1518.4%
Deferred charges and accrued income 490/1 - €692 +€692
Total equity and liabilities 10/49 €56,226 €179,849 +€123,624 +219.9%
Equity 10/15 €14,111 €26,311 +€12,200 +86.5%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €11,111 €23,311 +€12,200 +109.8%
Distributable reserves 133 €11,111 €23,311 +€12,200 +109.8%
Amounts payable 17/49 €42,114 €153,538 +€111,424 +264.6%
Amounts payable after more than one year 17 €9,020 €4,163 -€4,857 -53.8%
Financial debts 170/4 €9,020 €4,163 -€4,857 -53.8%
Amounts payable within one year 42/48 €33,094 €149,375 +€116,281 +351.4%
Current portion of amounts payable after more than one year 42 €4,709 €4,857 +€148 +3.1%
Trade debts 44 €15,442 €122,862 +€107,420 +695.6%
Suppliers 440/4 €15,442 €122,862 +€107,420 +695.6%
Taxes, remuneration and social security 45 €4,864 €13,385 +€8,521 +175.2%
Taxes 450/3 €4,864 €13,385 +€8,521 +175.2%
Other amounts payable 47/48 €8,079 €8,271 +€192 +2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €136 €304 +€168 +123.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €595 +€595
Other operating charges 640/8 €250 €938 +€688 +275.2%
Non-recurring operating charges 66A - €1,446 +€1,446
Gross operating margin 9900 €14,526 €23,891 +€9,365 +64.5%
Operating profit (loss) 9901 €14,140 €20,607 +€6,468 +45.7%
Financial income 75/76B €3 €551 +€548 +18281.0%
Recurring financial income 75 €3 €551 +€548 +18281.0%
Financial charges 65/66B €154 €5,692 +€5,538 +3588.3%
Recurring financial charges 65 €154 €5,692 +€5,538 +3588.3%
Profit (loss) for the period before taxes 9903 €13,988 €15,466 +€1,478 +10.6%
Income taxes 67/77 €2,877 €3,267 +€390 +13.5%
Profit (loss) for the period 9904 €11,111 €12,200 +€1,088 +9.8%
Profit (loss) for the period to be appropriated 9905 €11,111 €12,200 +€1,088 +9.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.