DANCOBAEA: 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.
DANCOBAEA
Largest movements
- Cash +€59,887
up €59,887 (+297650.4%), from €20 to €59,907
mainly Other debts (+€183,531) and Net result for the year (+€45,599)
- Receivables within one year +€17,256
up €17,256 (+7.4%), from €234,712 to €251,967
of which Trade receivables: +€8,690
- Tangible fixed assets -€9,353
down €9,353 (-37.5%), from €24,913 to €15,561
of which Land and buildings: -€5,009
- Other debts +€183,531
new in 2025: €183,531
- Reserves -€137,932
down €137,932 (-52.7%), from €261,815 to €123,884
of which Distributable reserves: -€136,072
- Tax, wage and social debts +€31,919
up €31,919 (+1136.0%), from €2,810 to €34,728
- Short-term financial debts -€14,638
no longer reported in 2025 (was €14,638)
- Financial income -€85,535
down €85,535 (-85.1%), from €100,469 to €14,934
of which Non-recurring financial income: -€87,000
- Gross operating margin +€72,599
up €72,599, from -€2,711 to €69,888
- Taxes +€25,987
up €25,987 (+3628.5%), from €716 to €26,704
- Financial charges -€2,691
down €2,691 (-73.0%), from €3,685 to €994
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 | €289,843 | €355,324 | +€65,481 | +22.6% |
| Fixed assets | 21/28 | €24,933 | €15,581 | -€9,353 | -37.5% |
| Tangible fixed assets | 22/27 | €24,913 | €15,561 | -€9,353 | -37.5% |
| Land and buildings | 22 | €18,084 | €13,075 | -€5,009 | -27.7% |
| Furniture and vehicles | 24 | €6,829 | €2,486 | -€4,344 | -63.6% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €264,910 | €339,744 | +€74,833 | +28.2% |
| Amounts receivable after more than one year | 29 | €28,469 | €26,202 | -€2,267 | -8.0% |
| Other amounts receivable | 291 | €28,469 | €26,202 | -€2,267 | -8.0% |
| Amounts receivable within one year | 40/41 | €234,712 | €251,967 | +€17,256 | +7.4% |
| Trade receivables | 40 | €14,450 | €23,140 | +€8,690 | +60.1% |
| Other amounts receivable | 41 | €220,262 | €228,827 | +€8,565 | +3.9% |
| Cash at bank and in hand | 54/58 | €20 | €59,907 | +€59,887 | +297650.4% |
| Deferred charges and accrued income | 490/1 | €1,709 | €1,667 | -€43 | -2.5% |
| Total equity and liabilities | 10/49 | €289,843 | €355,324 | +€65,481 | +22.6% |
| Equity | 10/15 | €268,015 | €130,084 | -€137,932 | -51.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €261,815 | €123,884 | -€137,932 | -52.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Own shares acquired | 1312 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €259,955 | €123,884 | -€136,072 | -52.3% |
| Amounts payable | 17/49 | €21,828 | €225,240 | +€203,412 | +931.9% |
| Amounts payable within one year | 42/48 | €18,740 | €222,373 | +€203,634 | +1086.7% |
| Financial debts | 43 | €14,638 | - | -€14,638 | |
| Credit institutions | 430/8 | €14,638 | - | -€14,638 | |
| Trade debts | 44 | €1,292 | €4,114 | +€2,822 | +218.4% |
| Suppliers | 440/4 | €1,292 | €4,114 | +€2,822 | +218.4% |
| Taxes, remuneration and social security | 45 | €2,810 | €34,728 | +€31,919 | +1136.0% |
| Taxes | 450/3 | €2,810 | €34,728 | +€31,919 | +1136.0% |
| Other amounts payable | 47/48 | - | €183,531 | +€183,531 | |
| Accrued charges and deferred income | 492/3 | €3,088 | €2,867 | -€222 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,353 | €9,353 | = | 0.0% |
| Other operating charges | 640/8 | €2,199 | €2,172 | -€27 | -1.2% |
| Non-recurring operating charges | 66A | €87,000 | - | -€87,000 | |
| Gross operating margin | 9900 | -€2,711 | €69,888 | +€72,599 | |
| Operating profit (loss) | 9901 | -€101,262 | €58,363 | +€159,626 | |
| Financial income | 75/76B | €100,469 | €14,934 | -€85,535 | -85.1% |
| Recurring financial income | 75 | €13,469 | €14,934 | +€1,465 | +10.9% |
| Non-recurring financial income | 76B | €87,000 | - | -€87,000 | |
| Financial charges | 65/66B | €3,685 | €994 | -€2,691 | -73.0% |
| Recurring financial charges | 65 | €3,685 | €994 | -€2,691 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,478 | €72,303 | +€76,781 | |
| Income taxes | 67/77 | €716 | €26,704 | +€25,987 | +3628.5% |
| Profit (loss) for the period | 9904 | -€5,195 | €45,599 | +€50,794 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,195 | €45,599 | +€50,794 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.