DANICO: 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.
DANICO
Largest movements
- Cash +€19,207
up €19,207 (+78.5%), from €24,464 to €43,671
mainly Depreciation (+€20,862) and Net result for the year (+€14,474)
- Tangible fixed assets -€18,290
down €18,290 (-10.2%), from €180,023 to €161,733
of which Land and buildings: -€14,510
- Receivables within one year -€2,925
down €2,925 (-11.6%), from €25,223 to €22,298
of which Other amounts receivable: -€1,485
- Debts after one year -€14,864
down €14,864 (-9.9%), from €150,304 to €135,441
- Reserves +€14,474
up €14,474 (+22.7%), from €63,745 to €78,219
- Staff costs +€3,806
up €3,806 (+6.8%), from €55,783 to €59,589
- Gross operating margin +€1,977
up €1,977 (+2.0%), from €101,213 to €103,190
- Taxes +€1,629
up €1,629 (+34.9%), from €4,671 to €6,300
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 | €259,661 | €258,624 | -€1,037 | -0.4% |
| Fixed assets | 21/28 | €180,023 | €161,733 | -€18,290 | -10.2% |
| Tangible fixed assets | 22/27 | €180,023 | €161,733 | -€18,290 | -10.2% |
| Land and buildings | 22 | €158,690 | €144,180 | -€14,510 | -9.1% |
| Plant, machinery and equipment | 23 | €15,599 | €11,819 | -€3,780 | -24.2% |
| Furniture and vehicles | 24 | €1,334 | €1,334 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €79,638 | €96,891 | +€17,253 | +21.7% |
| Stocks and contracts in progress | 3 | €28,990 | €28,880 | -€110 | -0.4% |
| Stocks | 30/36 | €28,990 | €28,880 | -€110 | -0.4% |
| Amounts receivable within one year | 40/41 | €25,223 | €22,298 | -€2,925 | -11.6% |
| Trade receivables | 40 | €20,408 | €18,968 | -€1,440 | -7.1% |
| Other amounts receivable | 41 | €4,815 | €3,330 | -€1,485 | -30.8% |
| Cash at bank and in hand | 54/58 | €24,464 | €43,671 | +€19,207 | +78.5% |
| Deferred charges and accrued income | 490/1 | €961 | €2,043 | +€1,082 | +112.5% |
| Total equity and liabilities | 10/49 | €259,661 | €258,624 | -€1,037 | -0.4% |
| Equity | 10/15 | €82,345 | €96,819 | +€14,474 | +17.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,745 | €78,219 | +€14,474 | +22.7% |
| Distributable reserves | 133 | €63,745 | €78,219 | +€14,474 | +22.7% |
| Amounts payable | 17/49 | €177,316 | €161,806 | -€15,511 | -8.7% |
| Amounts payable after more than one year | 17 | €150,304 | €135,441 | -€14,864 | -9.9% |
| Financial debts | 170/4 | €150,304 | €135,441 | -€14,864 | -9.9% |
| Amounts payable within one year | 42/48 | €27,012 | €26,365 | -€647 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €15,888 | €14,864 | -€1,025 | -6.4% |
| Trade debts | 44 | €3,063 | €4,598 | +€1,535 | +50.1% |
| Suppliers | 440/4 | €3,063 | €4,598 | +€1,535 | +50.1% |
| Taxes, remuneration and social security | 45 | €8,061 | €6,903 | -€1,157 | -14.4% |
| Taxes | 450/3 | €4,097 | €2,800 | -€1,297 | -31.7% |
| Remuneration and social security | 454/9 | €3,964 | €4,104 | +€140 | +3.5% |
| Remuneration, social security and pensions | 62 | €55,783 | €59,589 | +€3,806 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,213 | €20,862 | -€351 | -1.7% |
| Other operating charges | 640/8 | €2,000 | €1,749 | -€252 | -12.6% |
| Gross operating margin | 9900 | €101,213 | €103,190 | +€1,977 | +2.0% |
| Operating profit (loss) | 9901 | €22,217 | €20,990 | -€1,226 | -5.5% |
| Financial income | 75/76B | €1,283 | €1,511 | +€228 | +17.7% |
| Recurring financial income | 75 | €1,283 | €1,511 | +€228 | +17.7% |
| Financial charges | 65/66B | €2,027 | €1,727 | -€300 | -14.8% |
| Recurring financial charges | 65 | €2,027 | €1,727 | -€300 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €21,473 | €20,774 | -€698 | -3.3% |
| Income taxes | 67/77 | €4,671 | €6,300 | +€1,629 | +34.9% |
| Profit (loss) for the period | 9904 | €16,802 | €14,474 | -€2,328 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,802 | €14,474 | -€2,328 | -13.9% |
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.