DANDELIUM: 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.
DANDELIUM
Largest movements
- Current investments +€78,613
up €78,613 (+103.0%), from €76,332 to €154,945
- Cash +€29,846
up €29,846 (+413.2%), from €7,224 to €37,069
mainly Net result for the year (+€84,479) and Receivables within one year (+€22,386)
- Receivables within one year -€22,386
down €22,386 (-52.3%), from €42,809 to €20,423
of which Trade receivables: -€18,310
- Tangible fixed assets -€11,761
down €11,761 (-81.3%), from €14,467 to €2,706
- Reserves +€84,479
up €84,479 (+63.4%), from €133,307 to €217,786
of which Distributable reserves: +€84,479
- Current portion of long-term debt -€9,668
down €9,668 (-100.0%), from €9,668 to €0
- Other debts -€5,464
down €5,464 (-100.0%), from €5,464 to €0
- Gross operating margin +€68,052
up €68,052 (+113.4%), from €60,031 to €128,083
- Taxes +€22,805
up €22,805 (+145.3%), from €15,691 to €38,496
- Depreciation -€14,316
down €14,316 (-90.6%), from €15,809 to €1,492
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 | €166,316 | €239,322 | +€73,006 | +43.9% |
| Fixed assets | 21/28 | €34,492 | €22,731 | -€11,761 | -34.1% |
| Tangible fixed assets | 22/27 | €14,467 | €2,706 | -€11,761 | -81.3% |
| Furniture and vehicles | 24 | €14,467 | €2,706 | -€11,761 | -81.3% |
| Financial fixed assets | 28 | €20,025 | €20,025 | = | 0.0% |
| Current assets | 29/58 | €131,824 | €216,591 | +€84,767 | +64.3% |
| Amounts receivable within one year | 40/41 | €42,809 | €20,423 | -€22,386 | -52.3% |
| Trade receivables | 40 | €37,045 | €18,734 | -€18,310 | -49.4% |
| Other amounts receivable | 41 | €5,765 | €1,689 | -€4,076 | -70.7% |
| Current investments | 50/53 | €76,332 | €154,945 | +€78,613 | +103.0% |
| Cash at bank and in hand | 54/58 | €7,224 | €37,069 | +€29,846 | +413.2% |
| Deferred charges and accrued income | 490/1 | €5,459 | €4,154 | -€1,305 | -23.9% |
| Total equity and liabilities | 10/49 | €166,316 | €239,322 | +€73,006 | +43.9% |
| Equity | 10/15 | €142,507 | €226,986 | +€84,479 | +59.3% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €133,307 | €217,786 | +€84,479 | +63.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €133,307 | €217,786 | +€84,479 | +63.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,809 | €12,336 | -€11,473 | -48.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,649 | €12,176 | -€11,473 | -48.5% |
| Current portion of amounts payable after more than one year | 42 | €9,668 | €0 | -€9,668 | -100.0% |
| Financial debts | 43 | €1,436 | €1,279 | -€157 | -10.9% |
| Credit institutions | 430/8 | €1,436 | €1,279 | -€157 | -10.9% |
| Trade debts | 44 | €1,079 | €3,414 | +€2,336 | +216.6% |
| Suppliers | 440/4 | €1,079 | €3,414 | +€2,336 | +216.6% |
| Taxes, remuneration and social security | 45 | €6,003 | €7,483 | +€1,480 | +24.6% |
| Taxes | 450/3 | €6,003 | €7,483 | +€1,480 | +24.6% |
| Other amounts payable | 47/48 | €5,464 | €0 | -€5,464 | -100.0% |
| Accrued charges and deferred income | 492/3 | €160 | €160 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | €3,340 | +€3,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,809 | €1,492 | -€14,316 | -90.6% |
| Other operating charges | 640/8 | €1,165 | €1,772 | +€607 | +52.1% |
| Non-recurring operating charges | 66A | €2,100 | €711 | -€1,389 | -66.1% |
| Gross operating margin | 9900 | €60,031 | €128,083 | +€68,052 | +113.4% |
| Operating profit (loss) | 9901 | €40,957 | €124,107 | +€83,150 | +203.0% |
| Financial income | 75/76B | €264 | €135 | -€129 | -48.9% |
| Recurring financial income | 75 | €264 | €135 | -€129 | -48.9% |
| Financial charges | 65/66B | €1,472 | €1,268 | -€204 | -13.9% |
| Recurring financial charges | 65 | €1,472 | €1,268 | -€204 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €39,749 | €122,974 | +€83,225 | +209.4% |
| Income taxes | 67/77 | €15,691 | €38,496 | +€22,805 | +145.3% |
| Profit (loss) for the period | 9904 | €24,058 | €84,479 | +€60,421 | +251.1% |
| Transfer from tax-exempt reserves | 789 | €3,362 | €0 | -€3,362 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,420 | €84,479 | +€57,059 | +208.1% |
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 1 October 2026 via checked.be.