DANERIC: 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.
DANERIC
Largest movements
- Cash +€313,249
up €313,249 (+384.0%), from €81,567 to €394,816
mainly Net result for the year (+€230,951) and Other debts (+€189,297)
- Tangible fixed assets -€54,605
down €54,605 (-9.0%), from €603,780 to €549,175
of which Land and buildings: -€44,190
- Deferred charges and accrued income -€32,557
down €32,557 (-67.6%), from €48,126 to €15,569
- Receivables within one year -€31,577
down €31,577 (-89.8%), from €35,168 to €3,591
- Receivables after one year +€25,500
new in 2025: €25,500
- Reserves +€195,102
up €195,102 (+97.5%), from €200,105 to €395,207
of which Distributable reserves: +€241,000
- Other debts +€189,297
new in 2025: €189,297
- Contributions -€164,322
down €164,322 (-39.5%), from €416,500 to €252,178
- Tax, wage and social debts +€10,703
up €10,703 (+345.3%), from €3,100 to €13,803
of which Taxes: +€10,703
- Debts after one year -€10,000
down €10,000 (-9.5%), from €105,000 to €95,000
- Gross operating margin +€301,487
up €301,487 (+589.1%), from €51,179 to €352,666
- Taxes +€75,934
up €75,934 (+11150.4%), from €681 to €76,615
- Financial income +€5,171
new in 2025: €5,171
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 | €768,679 | €988,689 | +€220,010 | +28.6% |
| Fixed assets | 21/28 | €603,818 | €549,213 | -€54,605 | -9.0% |
| Tangible fixed assets | 22/27 | €603,780 | €549,175 | -€54,605 | -9.0% |
| Land and buildings | 22 | €589,175 | €544,985 | -€44,190 | -7.5% |
| Furniture and vehicles | 24 | €3,864 | €2,336 | -€1,528 | -39.5% |
| Other tangible fixed assets | 26 | €10,741 | €1,854 | -€8,887 | -82.7% |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €164,861 | €439,476 | +€274,615 | +166.6% |
| Amounts receivable after more than one year | 29 | - | €25,500 | +€25,500 | |
| Other amounts receivable | 291 | - | €25,500 | +€25,500 | |
| Amounts receivable within one year | 40/41 | €35,168 | €3,591 | -€31,577 | -89.8% |
| Other amounts receivable | 41 | €35,168 | €3,591 | -€31,577 | -89.8% |
| Cash at bank and in hand | 54/58 | €81,567 | €394,816 | +€313,249 | +384.0% |
| Deferred charges and accrued income | 490/1 | €48,126 | €15,569 | -€32,557 | -67.6% |
| Total equity and liabilities | 10/49 | €768,679 | €988,689 | +€220,010 | +28.6% |
| Equity | 10/15 | €617,385 | €648,336 | +€30,951 | +5.0% |
| Contributions | 10/11 | €416,500 | €252,178 | -€164,322 | -39.5% |
| Reserves | 13 | €200,105 | €395,207 | +€195,102 | +97.5% |
| Non-distributable reserves | 130/1 | €41,650 | - | -€41,650 | |
| Reserves not available under the articles | 1311 | €41,650 | - | -€41,650 | |
| Tax-exempt reserves | 132 | €110,455 | €106,207 | -€4,248 | -3.8% |
| Distributable reserves | 133 | €48,000 | €289,000 | +€241,000 | +502.1% |
| Profit (loss) carried forward | 14 | €780 | €951 | +€171 | +21.9% |
| Provisions and deferred taxes | 16 | €27,614 | €26,552 | -€1,062 | -3.8% |
| Deferred taxes | 168 | €27,614 | €26,552 | -€1,062 | -3.8% |
| Amounts payable | 17/49 | €123,680 | €313,801 | +€190,121 | +153.7% |
| Amounts payable after more than one year | 17 | €105,000 | €95,000 | -€10,000 | -9.5% |
| Financial debts | 170/4 | €105,000 | €95,000 | -€10,000 | -9.5% |
| Amounts payable within one year | 42/48 | €15,639 | €214,079 | +€198,440 | +1268.9% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €2,539 | €979 | -€1,560 | -61.4% |
| Suppliers | 440/4 | €2,539 | €979 | -€1,560 | -61.4% |
| Taxes, remuneration and social security | 45 | €3,100 | €13,803 | +€10,703 | +345.3% |
| Taxes | 450/3 | €1,700 | €12,403 | +€10,703 | +629.6% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | - | €189,297 | +€189,297 | |
| Accrued charges and deferred income | 492/3 | €3,041 | €4,722 | +€1,681 | +55.3% |
| Non-recurring operating income | 76A | - | €344,541 | +€344,541 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,142 | €33,586 | +€2,444 | +7.8% |
| Other operating charges | 640/8 | €12,849 | €12,821 | -€28 | -0.2% |
| Gross operating margin | 9900 | €51,179 | €352,666 | +€301,487 | +589.1% |
| Operating profit (loss) | 9901 | €7,188 | €306,259 | +€299,071 | +4160.7% |
| Financial income | 75/76B | - | €5,171 | +€5,171 | |
| Recurring financial income | 75 | - | €5,171 | +€5,171 | |
| Financial charges | 65/66B | €5,738 | €4,926 | -€812 | -14.2% |
| Recurring financial charges | 65 | €5,738 | €4,926 | -€812 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €1,450 | €306,504 | +€305,054 | +21038.2% |
| Transfer from deferred taxes | 780 | €1,062 | €1,062 | = | 0.0% |
| Income taxes | 67/77 | €681 | €76,615 | +€75,934 | +11150.4% |
| Profit (loss) for the period | 9904 | €1,831 | €230,951 | +€229,120 | +12513.4% |
| Transfer from tax-exempt reserves | 789 | €4,249 | €4,248 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,080 | €235,199 | +€229,119 | +3768.4% |
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 4 October 2026 via checked.be.