DANIA PROJECTS: 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.
DANIA PROJECTS
Largest movements
- Tangible fixed assets +€222,747
up €222,747 (+393.6%), from €56,588 to €279,335
of which Other tangible fixed assets: +€124,631
- Stocks and contracts +€10,843
up €10,843 (+42.8%), from €25,321 to €36,164
- Receivables within one year +€10,153
up €10,153 (+181.7%), from €5,587 to €15,739
of which Trade receivables: +€12,675
- Cash -€9,797
down €9,797 (-81.0%), from €12,095 to €2,298
mainly Investment in fixed assets (net) (-€253,746) and Net result for the year (-€30,620)
- Current investments +€8,993
up €8,993 (+51.4%), from €17,483 to €26,476
- Debts after one year +€141,434
up €141,434 (+478.6%), from €29,552 to €170,986
- Current portion of long-term debt +€45,435
up €45,435 (+287.1%), from €15,827 to €61,262
- Tax, wage and social debts +€36,121
up €36,121 (+228.5%), from €15,806 to €51,927
of which Remuneration and social security: +€24,544
- Profit (loss) carried forward -€30,620
new in 2025: -€30,620
- Trade debts +€21,015
up €21,015 (+182.7%), from €11,503 to €32,518
- Staff costs +€113,795
up €113,795 (+194.0%), from €58,659 to €172,454
- Gross operating margin +€103,483
up €103,483 (+95.9%), from €107,959 to €211,442
- Depreciation +€18,343
up €18,343 (+141.3%), from €12,982 to €31,325
- Financial charges +€7,430
up €7,430 (+99.9%), from €7,437 to €14,866
- Taxes -€7,328
down €7,328 (-96.8%), from €7,573 to €245
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 | €124,626 | €366,365 | +€241,740 | +194.0% |
| Fixed assets | 21/28 | €61,414 | €283,835 | +€222,421 | +362.2% |
| Intangible fixed assets | 21 | €326 | €0 | -€326 | -100.0% |
| Tangible fixed assets | 22/27 | €56,588 | €279,335 | +€222,747 | +393.6% |
| Plant, machinery and equipment | 23 | €2,021 | €91,742 | +€89,721 | +4440.4% |
| Furniture and vehicles | 24 | €5,404 | €13,798 | +€8,395 | +155.4% |
| Other tangible fixed assets | 26 | €49,163 | €173,795 | +€124,631 | +253.5% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €63,212 | €82,530 | +€19,319 | +30.6% |
| Stocks and contracts in progress | 3 | €25,321 | €36,164 | +€10,843 | +42.8% |
| Stocks | 30/36 | €25,321 | €36,164 | +€10,843 | +42.8% |
| Amounts receivable within one year | 40/41 | €5,587 | €15,739 | +€10,153 | +181.7% |
| Trade receivables | 40 | €991 | €13,666 | +€12,675 | +1278.4% |
| Other amounts receivable | 41 | €4,595 | €2,073 | -€2,522 | -54.9% |
| Current investments | 50/53 | €17,483 | €26,476 | +€8,993 | +51.4% |
| Cash at bank and in hand | 54/58 | €12,095 | €2,298 | -€9,797 | -81.0% |
| Deferred charges and accrued income | 490/1 | €2,726 | €1,853 | -€873 | -32.0% |
| Total equity and liabilities | 10/49 | €124,626 | €366,365 | +€241,740 | +194.0% |
| Equity | 10/15 | €35,603 | €4,983 | -€30,620 | -86.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €33,103 | €33,103 | = | 0.0% |
| Distributable reserves | 133 | €33,103 | €33,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€30,620 | -€30,620 | |
| Amounts payable | 17/49 | €89,023 | €361,382 | +€272,360 | +305.9% |
| Amounts payable after more than one year | 17 | €29,552 | €170,986 | +€141,434 | +478.6% |
| Financial debts | 170/4 | €29,552 | €170,986 | +€141,434 | +478.6% |
| Amounts payable within one year | 42/48 | €57,112 | €187,342 | +€130,231 | +228.0% |
| Current portion of amounts payable after more than one year | 42 | €15,827 | €61,262 | +€45,435 | +287.1% |
| Financial debts | 43 | €8,453 | €26,721 | +€18,268 | +216.1% |
| Credit institutions | 430/8 | €86 | €26,721 | +€26,635 | +31032.5% |
| Other loans | 439 | €8,367 | €0 | -€8,367 | -100.0% |
| Trade debts | 44 | €11,503 | €32,518 | +€21,015 | +182.7% |
| Suppliers | 440/4 | €11,503 | €32,518 | +€21,015 | +182.7% |
| Taxes, remuneration and social security | 45 | €15,806 | €51,927 | +€36,121 | +228.5% |
| Taxes | 450/3 | €1,843 | €13,421 | +€11,577 | +628.0% |
| Remuneration and social security | 454/9 | €13,962 | €38,506 | +€24,544 | +175.8% |
| Other amounts payable | 47/48 | €5,523 | €14,914 | +€9,392 | +170.1% |
| Accrued charges and deferred income | 492/3 | €2,360 | €3,055 | +€695 | +29.5% |
| Non-recurring operating income | 76A | - | €2,136 | +€2,136 | |
| Remuneration, social security and pensions | 62 | €58,659 | €172,454 | +€113,795 | +194.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,982 | €31,325 | +€18,343 | +141.3% |
| Other operating charges | 640/8 | €5,629 | €3,607 | -€2,022 | -35.9% |
| Non-recurring operating charges | 66A | - | €20,095 | +€20,095 | |
| Gross operating margin | 9900 | €107,959 | €211,442 | +€103,483 | +95.9% |
| Operating profit (loss) | 9901 | €30,690 | -€16,039 | -€46,729 | |
| Financial income | 75/76B | €32 | €530 | +€498 | +1577.2% |
| Recurring financial income | 75 | €32 | €530 | +€498 | +1577.2% |
| Financial charges | 65/66B | €7,437 | €14,866 | +€7,430 | +99.9% |
| Recurring financial charges | 65 | €7,437 | €14,866 | +€7,430 | +99.9% |
| Profit (loss) for the period before taxes | 9903 | €23,285 | -€30,375 | -€53,660 | |
| Income taxes | 67/77 | €7,573 | €245 | -€7,328 | -96.8% |
| Profit (loss) for the period | 9904 | €15,712 | -€30,620 | -€46,332 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,712 | -€30,620 | -€46,332 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.