DANFIN: 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.
What changed
DANFIN
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,464
2024 · €727+€737
Equity
€8.2m
2024 · €8.2m+€1,464
Cash
€1,351
2024 · €5,138-€3,787
Balance sheet total
€8.7m
2024 · €8.6m+€107,773
Largest movements
Assets
- Current investments +€90,415
new in 2025: €90,415
Equity and liabilities
- Short-term financial debts +€136,180
up €136,180 (+54.0%), from €251,979 to €388,159
Income statement
- Financial income +€1,162
up €1,162 (+5.7%), from €20,433 to €21,595
- Gross operating margin -€958
down €958 (-10.8%), from -€8,851 to -€9,810
- Financial charges -€494
down €494 (-5.0%), from €9,809 to €9,315
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.
Result 2024
€727
Gross operating margin
-€958
Other operating charges
+€39
Financial income
+€1,162
Financial charges
+€494
Result 2025
€1,464
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.
From operations
-€32,101
Investment
-€90,415
Financing
+€118,730
Cash 2024
€5,138
From operations (derived)
-€32,101
Net result for the year
+€1,464
Receivables within one year
-€22,230
Deferred charges and accrued income
+€1,084
Smaller working-capital items
+€150
Accrued charges and deferred income
-€12,570
Investment (derived)
-€90,415
Current investments
-€90,415
Financing
+€118,730
Debts after one year
-€17,450
Short-term financial debts
+€136,180
Cash 2025
€1,351
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,616,556 | €8,724,329 | +€107,773 | +1.3% |
| Fixed assets | 21/28 | €7,775,000 | €7,775,000 | = | 0.0% |
| Financial fixed assets | 28 | €7,775,000 | €7,775,000 | = | 0.0% |
| Current assets | 29/58 | €841,556 | €949,329 | +€107,773 | +12.8% |
| Amounts receivable within one year | 40/41 | €835,334 | €857,563 | +€22,230 | +2.7% |
| Other amounts receivable | 41 | €835,334 | €857,563 | +€22,230 | +2.7% |
| Current investments | 50/53 | - | €90,415 | +€90,415 | |
| Cash at bank and in hand | 54/58 | €5,138 | €1,351 | -€3,787 | -73.7% |
| Deferred charges and accrued income | 490/1 | €1,084 | €0 | -€1,084 | -100.0% |
| Total equity and liabilities | 10/49 | €8,616,556 | €8,724,329 | +€107,773 | +1.3% |
| Equity | 10/15 | €8,182,077 | €8,183,541 | +€1,464 | 0.0% |
| Contributions | 10/11 | €852,384 | €852,384 | = | 0.0% |
| Capital | 10 | €120,000 | €120,000 | = | 0.0% |
| Issued capital | 100 | €120,000 | €120,000 | = | 0.0% |
| Outside capital | 11 | €732,384 | €732,384 | = | 0.0% |
| Share premium | 1100/10 | €732,384 | €732,384 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,000 | €12,000 | = | 0.0% |
| Legal reserve | 130 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,317,692 | €7,319,157 | +€1,464 | 0.0% |
| Amounts payable | 17/49 | €434,479 | €540,788 | +€106,309 | +24.5% |
| Amounts payable after more than one year | 17 | €154,945 | €137,495 | -€17,450 | -11.3% |
| Financial debts | 170/4 | €154,945 | €137,495 | -€17,450 | -11.3% |
| Amounts payable within one year | 42/48 | €257,029 | €393,358 | +€136,329 | +53.0% |
| Financial debts | 43 | €251,979 | €388,159 | +€136,180 | +54.0% |
| Other loans | 439 | €251,979 | €388,159 | +€136,180 | +54.0% |
| Trade debts | 44 | - | €200 | +€200 | |
| Suppliers | 440/4 | - | €200 | +€200 | |
| Other amounts payable | 47/48 | €5,050 | €5,000 | -€50 | -1.0% |
| Accrued charges and deferred income | 492/3 | €22,505 | €9,935 | -€12,570 | -55.9% |
| Other operating charges | 640/8 | €1,045 | €1,006 | -€39 | -3.7% |
| Gross operating margin | 9900 | -€8,851 | -€9,810 | -€958 | -10.8% |
| Operating profit (loss) | 9901 | -€9,896 | -€10,816 | -€919 | -9.3% |
| Financial income | 75/76B | €20,433 | €21,595 | +€1,162 | +5.7% |
| Recurring financial income | 75 | €20,433 | €21,595 | +€1,162 | +5.7% |
| Financial charges | 65/66B | €9,809 | €9,315 | -€494 | -5.0% |
| Recurring financial charges | 65 | €9,809 | €9,315 | -€494 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €727 | €1,464 | +€737 | +101.3% |
| Profit (loss) for the period | 9904 | €727 | €1,464 | +€737 | +101.3% |
| Profit (loss) for the period to be appropriated | 9905 | €727 | €1,464 | +€737 | +101.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.