DANDAU: 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.
DANDAU
Largest movements
- Receivables within one year +€369,887
up €369,887 (+55.4%), from €667,450 to €1.0m
of which Other amounts receivable: +€271,369
- Current investments +€123,000
new in 2025: €123,000
- Tangible fixed assets +€100,410
up €100,410 (+282.7%), from €35,520 to €135,930
of which Furniture and vehicles: +€108,810
- Cash +€68,634
up €68,634 (+23.6%), from €290,231 to €358,865
mainly Net result for the year (+€568,635) and Tax, wage and social debts (+€122,961)
- Profit (loss) carried forward +€568,635
up €568,635 (+101.7%), from €559,256 to €1.1m
- Tax, wage and social debts +€122,961
up €122,961 (+98.0%), from €125,421 to €248,383
- Trade debts -€28,346
down €28,346 (-9.3%), from €303,525 to €275,179
- Gross operating margin +€591,297
up €591,297 (+337.0%), from €175,471 to €766,768
- Taxes +€132,343
up €132,343 (+335.5%), from €39,445 to €171,788
- Depreciation +€8,324
up €8,324 (+51.5%), from €16,167 to €24,492
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 | €993,202 | €1,656,452 | +€663,250 | +66.8% |
| Fixed assets | 21/28 | €35,520 | €135,930 | +€100,410 | +282.7% |
| Tangible fixed assets | 22/27 | €35,520 | €135,930 | +€100,410 | +282.7% |
| Plant, machinery and equipment | 23 | €20,694 | €12,294 | -€8,400 | -40.6% |
| Furniture and vehicles | 24 | €14,826 | €123,636 | +€108,810 | +733.9% |
| Current assets | 29/58 | €957,682 | €1,520,522 | +€562,840 | +58.8% |
| Amounts receivable within one year | 40/41 | €667,450 | €1,037,338 | +€369,887 | +55.4% |
| Trade receivables | 40 | €111,779 | €210,297 | +€98,518 | +88.1% |
| Other amounts receivable | 41 | €555,672 | €827,041 | +€271,369 | +48.8% |
| Current investments | 50/53 | - | €123,000 | +€123,000 | |
| Cash at bank and in hand | 54/58 | €290,231 | €358,865 | +€68,634 | +23.6% |
| Deferred charges and accrued income | 490/1 | - | €1,319 | +€1,319 | |
| Total equity and liabilities | 10/49 | €993,202 | €1,656,452 | +€663,250 | +66.8% |
| Equity | 10/15 | €564,256 | €1,132,891 | +€568,635 | +100.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €559,256 | €1,127,891 | +€568,635 | +101.7% |
| Amounts payable | 17/49 | €428,946 | €523,562 | +€94,616 | +22.1% |
| Amounts payable within one year | 42/48 | €428,946 | €523,562 | +€94,616 | +22.1% |
| Trade debts | 44 | €303,525 | €275,179 | -€28,346 | -9.3% |
| Suppliers | 440/4 | €303,525 | €275,179 | -€28,346 | -9.3% |
| Taxes, remuneration and social security | 45 | €125,421 | €248,383 | +€122,961 | +98.0% |
| Taxes | 450/3 | €125,421 | €248,383 | +€122,961 | +98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,167 | €24,492 | +€8,324 | +51.5% |
| Other operating charges | 640/8 | €784 | €2,012 | +€1,228 | +156.5% |
| Gross operating margin | 9900 | €175,471 | €766,768 | +€591,297 | +337.0% |
| Operating profit (loss) | 9901 | €158,519 | €740,264 | +€581,745 | +367.0% |
| Financial income | 75/76B | €1 | €3,899 | +€3,897 | +286566.2% |
| Recurring financial income | 75 | €1 | €3,899 | +€3,897 | +286566.2% |
| Financial charges | 65/66B | €1,271 | €3,740 | +€2,469 | +194.3% |
| Recurring financial charges | 65 | €1,271 | €3,740 | +€2,469 | +194.3% |
| Profit (loss) for the period before taxes | 9903 | €157,249 | €740,423 | +€583,173 | +370.9% |
| Income taxes | 67/77 | €39,445 | €171,788 | +€132,343 | +335.5% |
| Profit (loss) for the period | 9904 | €117,804 | €568,635 | +€450,831 | +382.7% |
| Profit (loss) for the period to be appropriated | 9905 | €117,804 | €568,635 | +€450,831 | +382.7% |
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 5 October 2026 via checked.be.