Danica Management: what changed
Two financial 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.
Danica Management
Largest movements
- Receivables within one year -€10,095
down €10,095 (-63.5%), from €15,909 to €5,814
of which Trade receivables: -€10,026
- Tangible fixed assets -€564
down €564 (-12.6%), from €4,466 to €3,903
of which Plant, machinery and equipment: -€390
- Profit (loss) carried forward -€35,521
down €35,521 (-39.6%), from -€89,803 to -€125,324
- Other debts +€29,398
up €29,398 (+37.7%), from €77,969 to €107,366
- Trade debts -€4,788
down €4,788 (-79.1%), from €6,050 to €1,262
- Accrued charges and deferred income +€279
up €279 (+4.2%), from €6,592 to €6,871
- Gross operating margin -€26,196
down €26,196 (-2,067%), from -€1,267 to -€27,463
- Financial charges +€785
up €785 (+15.2%), from €5,151 to €5,936
- Depreciation +€438
up €438 (+36.0%), from €1,217 to €1,655
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.
Derived cash bridge
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 | €20,716 | €10,084 | -€10,632 | -51.3% |
| Fixed assets | 21/28 | €4,466 | €3,903 | -€564 | -12.6% |
| Tangible fixed assets | 22/27 | €4,466 | €3,903 | -€564 | -12.6% |
| Plant, machinery and equipment | 23 | €1,873 | €1,484 | -€390 | -20.8% |
| Furniture and vehicles | 24 | €2,593 | €2,419 | -€174 | -6.7% |
| Current assets | 29/58 | €16,249 | €6,181 | -€10,068 | -62.0% |
| Amounts receivable within one year | 40/41 | €15,909 | €5,814 | -€10,095 | -63.5% |
| Trade receivables | 40 | €15,576 | €5,550 | -€10,026 | -64.4% |
| Other amounts receivable | 41 | €332 | €264 | -€68 | -20.5% |
| Cash at bank and in hand | 54/58 | €341 | €367 | +€26 | +7.7% |
| Total equity and liabilities | 10/49 | €20,716 | €10,084 | -€10,632 | -51.3% |
| Equity | 10/15 | -€69,894 | -€105,416 | -€35,521 | -50.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,308 | €1,308 | = | 0.0% |
| Distributable reserves | 133 | €1,308 | €1,308 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,803 | -€125,324 | -€35,521 | -39.6% |
| Amounts payable | 17/49 | €90,610 | €115,499 | +€24,889 | +27.5% |
| Amounts payable within one year | 42/48 | €84,019 | €108,629 | +€24,610 | +29.3% |
| Trade debts | 44 | €6,050 | €1,262 | -€4,788 | -79.1% |
| Suppliers | 440/4 | €6,050 | €1,262 | -€4,788 | -79.1% |
| Other amounts payable | 47/48 | €77,969 | €107,366 | +€29,398 | +37.7% |
| Accrued charges and deferred income | 492/3 | €6,592 | €6,871 | +€279 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,217 | €1,655 | +€438 | +36.0% |
| Other operating charges | 640/8 | €453 | €467 | +€14 | +3.0% |
| Gross operating margin | 9900 | -€1,267 | -€27,463 | -€26,196 | -2,067% |
| Operating profit (loss) | 9901 | -€2,938 | -€29,585 | -€26,647 | -907% |
| Financial charges | 65/66B | €5,151 | €5,936 | +€785 | +15.2% |
| Recurring financial charges | 65 | €5,151 | €5,936 | +€785 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,088 | -€35,521 | -€27,433 | -339% |
| Profit (loss) for the period | 9904 | -€8,088 | -€35,521 | -€27,433 | -339% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,088 | -€35,521 | -€27,433 | -339% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.