DANICHA: 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.
DANICHA
Largest movements
- Current investments +€1.5m
new in 2026: €1.5m
- Tangible fixed assets +€441,474
up €441,474 (+16.1%), from €2.7m to €3.2m
of which Land and buildings: +€455,709
- Cash +€284,964
up €284,964 (+196.6%), from €144,937 to €429,901
mainly Other debts (+€2.3m) and Trade debts (+€98,231)
- Other debts +€2.3m
up €2.3m (+160.7%), from €1.4m to €3.7m
- Trade debts +€98,231
up €98,231 (+3419.4%), from €2,873 to €101,103
- Reserves -€88,468
down €88,468 (-16.2%), from €545,558 to €457,089
of which Distributable reserves: -€88,468
- Other operating charges +€172,567
up €172,567 (+951.3%), from €18,139 to €190,707
- Gross operating margin +€85,138
up €85,138 (+72.7%), from €117,080 to €202,219
- Depreciation -€3,743
down €3,743 (-3.7%), from €101,218 to €97,475
- Financial income -€2,608
no longer reported in 2026 (was €2,608)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,889,913 | €5,117,601 | +€2.2m | +77.1% |
| Fixed assets | 21/28 | €2,740,651 | €3,182,124 | +€441,474 | +16.1% |
| Tangible fixed assets | 22/27 | €2,740,651 | €3,182,124 | +€441,474 | +16.1% |
| Land and buildings | 22 | €2,696,761 | €3,152,470 | +€455,709 | +16.9% |
| Furniture and vehicles | 24 | €43,890 | €29,655 | -€14,235 | -32.4% |
| Current assets | 29/58 | €149,262 | €1,935,477 | +€1.8m | +1196.7% |
| Current investments | 50/53 | - | €1,500,000 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €144,937 | €429,901 | +€284,964 | +196.6% |
| Deferred charges and accrued income | 490/1 | €4,325 | €5,576 | +€1,251 | +28.9% |
| Total equity and liabilities | 10/49 | €2,889,913 | €5,117,601 | +€2.2m | +77.1% |
| Equity | 10/15 | €1,370,558 | €1,282,089 | -€88,468 | -6.5% |
| Contributions | 10/11 | €825,000 | €825,000 | = | 0.0% |
| Capital | 10 | €825,000 | €825,000 | = | 0.0% |
| Issued capital | 100 | €825,000 | €825,000 | = | 0.0% |
| Reserves | 13 | €545,558 | €457,089 | -€88,468 | -16.2% |
| Non-distributable reserves | 130/1 | €56,000 | €56,000 | = | 0.0% |
| Legal reserve | 130 | €56,000 | €56,000 | = | 0.0% |
| Distributable reserves | 133 | €489,558 | €401,089 | -€88,468 | -18.1% |
| Amounts payable | 17/49 | €1,519,356 | €3,835,512 | +€2.3m | +152.4% |
| Amounts payable after more than one year | 17 | €63,000 | €21,000 | -€42,000 | -66.7% |
| Financial debts | 170/4 | €63,000 | €21,000 | -€42,000 | -66.7% |
| Amounts payable within one year | 42/48 | €1,453,259 | €3,812,613 | +€2.4m | +162.3% |
| Current portion of amounts payable after more than one year | 42 | €42,000 | €42,000 | = | 0.0% |
| Trade debts | 44 | €2,873 | €101,103 | +€98,231 | +3419.4% |
| Suppliers | 440/4 | €2,873 | €101,103 | +€98,231 | +3419.4% |
| Taxes, remuneration and social security | 45 | €1,300 | €900 | -€400 | -30.8% |
| Taxes | 450/3 | €1,300 | €900 | -€400 | -30.8% |
| Other amounts payable | 47/48 | €1,407,086 | €3,668,609 | +€2.3m | +160.7% |
| Accrued charges and deferred income | 492/3 | €3,096 | €1,899 | -€1,197 | -38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,218 | €97,475 | -€3,743 | -3.7% |
| Other operating charges | 640/8 | €18,139 | €190,707 | +€172,567 | +951.3% |
| Gross operating margin | 9900 | €117,080 | €202,219 | +€85,138 | +72.7% |
| Operating profit (loss) | 9901 | -€2,277 | -€85,963 | -€83,686 | -3675.4% |
| Financial income | 75/76B | €2,608 | - | -€2,608 | |
| Recurring financial income | 75 | €2,608 | - | -€2,608 | |
| Financial charges | 65/66B | €2,281 | €1,561 | -€719 | -31.5% |
| Recurring financial charges | 65 | €2,281 | €1,561 | -€719 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,950 | -€87,525 | -€85,575 | -4388.7% |
| Income taxes | 67/77 | €1,261 | €944 | -€317 | -25.2% |
| Profit (loss) for the period | 9904 | -€3,211 | -€88,468 | -€85,257 | -2655.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,211 | -€88,468 | -€85,257 | -2655.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.