DANEMO: 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.
DANEMO
Largest movements
- Receivables within one year +€51,352
up €51,352 (+59.8%), from €85,870 to €137,223
of which Trade receivables: +€50,680
- Tangible fixed assets +€20,247
up €20,247 (+400.3%), from €5,057 to €25,304
- Cash -€4,871
down €4,871 (-39.9%), from €12,201 to €7,330
mainly Receivables within one year (-€51,352) and Investment in fixed assets (net) (-€24,409)
- Trade debts +€31,347
up €31,347 (+47.1%), from €66,623 to €97,971
- Profit (loss) carried forward +€12,210
up €12,210 (+114.2%), from €10,691 to €22,901
- Debts after one year +€10,775
new in 2025: €10,775
- Current portion of long-term debt +€8,851
new in 2025: €8,851
- Tax, wage and social debts +€6,711
up €6,711 (+260.3%), from €2,578 to €9,289
of which Taxes: +€7,449
- Purchases and services +€188,857
up €188,857 (+46.2%), from €408,686 to €597,543
- Gross operating margin +€21,356
up €21,356 (+303.0%), from €7,047 to €28,404
- Taxes +€3,377
new in 2025: €3,377
- Depreciation +€2,957
up €2,957 (+371.5%), from €796 to €3,753
- Staff costs +€323
up €323 (+3.9%), from €8,248 to €8,571
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 | €105,517 | €174,376 | +€68,859 | +65.3% |
| Fixed assets | 21/28 | €5,057 | €25,713 | +€20,656 | +408.4% |
| Tangible fixed assets | 22/27 | €5,057 | €25,304 | +€20,247 | +400.3% |
| Furniture and vehicles | 24 | €5,057 | €25,304 | +€20,247 | +400.3% |
| Financial fixed assets | 28 | - | €409 | +€409 | |
| Current assets | 29/58 | €100,460 | €148,663 | +€48,203 | +48.0% |
| Amounts receivable within one year | 40/41 | €85,870 | €137,223 | +€51,352 | +59.8% |
| Trade receivables | 40 | €79,975 | €130,655 | +€50,680 | +63.4% |
| Other amounts receivable | 41 | €5,895 | €6,568 | +€673 | +11.4% |
| Cash at bank and in hand | 54/58 | €12,201 | €7,330 | -€4,871 | -39.9% |
| Deferred charges and accrued income | 490/1 | €2,389 | €4,110 | +€1,721 | +72.0% |
| Total equity and liabilities | 10/49 | €105,517 | €174,376 | +€68,859 | +65.3% |
| Equity | 10/15 | €20,691 | €32,901 | +€12,210 | +59.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Profit (loss) carried forward | 14 | €10,691 | €22,901 | +€12,210 | +114.2% |
| Amounts payable | 17/49 | €84,826 | €141,475 | +€56,648 | +66.8% |
| Amounts payable after more than one year | 17 | - | €10,775 | +€10,775 | |
| Financial debts | 170/4 | - | €10,775 | +€10,775 | |
| Amounts payable within one year | 42/48 | €84,826 | €130,700 | +€45,874 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | - | €8,851 | +€8,851 | |
| Trade debts | 44 | €66,623 | €97,971 | +€31,347 | +47.1% |
| Suppliers | 440/4 | €66,623 | €97,971 | +€31,347 | +47.1% |
| Advances received on contracts in progress | 46 | €1,500 | €1,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,578 | €9,289 | +€6,711 | +260.3% |
| Taxes | 450/3 | €1,757 | €9,206 | +€7,449 | +423.9% |
| Remuneration and social security | 454/9 | €821 | €83 | -€739 | -89.9% |
| Other amounts payable | 47/48 | €14,124 | €13,089 | -€1,036 | -7.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €408,686 | €597,543 | +€188,857 | +46.2% |
| Remuneration, social security and pensions | 62 | €8,248 | €8,571 | +€323 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €796 | €3,753 | +€2,957 | +371.5% |
| Other operating charges | 640/8 | €394 | €149 | -€245 | -62.2% |
| Gross operating margin | 9900 | €7,047 | €28,404 | +€21,356 | +303.0% |
| Operating profit (loss) | 9901 | -€2,391 | €15,931 | +€18,321 | |
| Financial income | 75/76B | - | €64 | +€64 | |
| Recurring financial income | 75 | - | €64 | +€64 | |
| Financial charges | 65/66B | €337 | €407 | +€70 | +20.9% |
| Recurring financial charges | 65 | €337 | €407 | +€70 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,727 | €15,588 | +€18,315 | |
| Income taxes | 67/77 | - | €3,377 | +€3,377 | |
| Profit (loss) for the period | 9904 | -€2,727 | €12,210 | +€14,937 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,727 | €12,210 | +€14,937 |
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 6 October 2026 via checked.be.