DANICOM: 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.
DANICOM
Largest movements
- Receivables within one year +€367,112
up €367,112 (+2100.6%), from €17,477 to €384,589
of which Other amounts receivable: +€372,161
- Receivables after one year -€349,839
no longer reported in 2025 (was €349,839)
- Cash +€24,792
up €24,792 (+39.1%), from €63,481 to €88,273
mainly Receivables after one year (+€349,839) and Net result for the year (+€93,207)
- Tangible fixed assets -€11,142
down €11,142 (-16.3%), from €68,222 to €57,080
of which Land and buildings: -€9,406
- Deferred charges and accrued income +€7,659
up €7,659 (+152.7%), from €5,014 to €12,673
- Reserves +€93,207
up €93,207 (+20.5%), from €455,502 to €548,709
- Other debts -€43,829
down €43,829 (-93.6%), from €46,829 to €3,000
- Tax, wage and social debts -€10,193
down €10,193 (-62.8%), from €16,245 to €6,051
of which Taxes: -€8,349
- Financial income +€35,735
up €35,735 (+13050.1%), from €274 to €36,009
of which Financial income: +€35,455
- Taxes +€16,417
up €16,417 (+54.9%), from €29,892 to €46,309
- Gross operating margin +€8,031
up €8,031 (+6.2%), from €129,240 to €137,271
- Other operating charges -€3,542
down €3,542 (-80.6%), from €4,395 to €853
- Staff costs -€2,804
down €2,804 (-13.8%), from €20,266 to €17,462
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 | €588,911 | €629,243 | +€40,331 | +6.8% |
| Fixed assets | 21/28 | €68,222 | €57,080 | -€11,142 | -16.3% |
| Tangible fixed assets | 22/27 | €68,222 | €57,080 | -€11,142 | -16.3% |
| Land and buildings | 22 | €23,449 | €14,043 | -€9,406 | -40.1% |
| Plant, machinery and equipment | 23 | €3,173 | €4,838 | +€1,666 | +52.5% |
| Furniture and vehicles | 24 | €41,600 | €38,198 | -€3,401 | -8.2% |
| Current assets | 29/58 | €520,690 | €572,163 | +€51,473 | +9.9% |
| Amounts receivable after more than one year | 29 | €349,839 | - | -€349,839 | |
| Trade receivables | 290 | €349,839 | - | -€349,839 | |
| Amounts receivable within one year | 40/41 | €17,477 | €384,589 | +€367,112 | +2100.6% |
| Trade receivables | 40 | €5,294 | €245 | -€5,049 | -95.4% |
| Other amounts receivable | 41 | €12,183 | €384,344 | +€372,161 | +3054.8% |
| Current investments | 50/53 | €84,878 | €86,628 | +€1,750 | +2.1% |
| Cash at bank and in hand | 54/58 | €63,481 | €88,273 | +€24,792 | +39.1% |
| Deferred charges and accrued income | 490/1 | €5,014 | €12,673 | +€7,659 | +152.7% |
| Total equity and liabilities | 10/49 | €588,911 | €629,243 | +€40,331 | +6.8% |
| Equity | 10/15 | €519,552 | €612,759 | +€93,207 | +17.9% |
| Contributions | 10/11 | €64,050 | €64,050 | = | 0.0% |
| Reserves | 13 | €455,502 | €548,709 | +€93,207 | +20.5% |
| Distributable reserves | 133 | €455,502 | €548,709 | +€93,207 | +20.5% |
| Amounts payable | 17/49 | €69,359 | €16,483 | -€52,876 | -76.2% |
| Amounts payable within one year | 42/48 | €69,359 | €16,483 | -€52,876 | -76.2% |
| Trade debts | 44 | €6,285 | €7,432 | +€1,147 | +18.2% |
| Suppliers | 440/4 | €6,285 | €7,432 | +€1,147 | +18.2% |
| Taxes, remuneration and social security | 45 | €16,245 | €6,051 | -€10,193 | -62.8% |
| Taxes | 450/3 | €14,400 | €6,051 | -€8,349 | -58.0% |
| Remuneration and social security | 454/9 | €1,845 | - | -€1,845 | |
| Other amounts payable | 47/48 | €46,829 | €3,000 | -€43,829 | -93.6% |
| Non-recurring operating income | 76A | €1,058 | - | -€1,058 | |
| Remuneration, social security and pensions | 62 | €20,266 | €17,462 | -€2,804 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,227 | €13,990 | +€763 | +5.8% |
| Other operating charges | 640/8 | €4,395 | €853 | -€3,542 | -80.6% |
| Gross operating margin | 9900 | €129,240 | €137,271 | +€8,031 | +6.2% |
| Operating profit (loss) | 9901 | €91,352 | €104,965 | +€13,614 | +14.9% |
| Financial income | 75/76B | €274 | €36,009 | +€35,735 | +13050.1% |
| Recurring financial income | 75 | €274 | €35,729 | +€35,455 | +12947.7% |
| Non-recurring financial income | 76B | - | €280 | +€280 | |
| Financial charges | 65/66B | €1,313 | €1,458 | +€145 | +11.1% |
| Recurring financial charges | 65 | €1,313 | €586 | -€727 | -55.4% |
| Non-recurring financial charges | 66B | - | €872 | +€872 | |
| Profit (loss) for the period before taxes | 9903 | €90,312 | €139,516 | +€49,204 | +54.5% |
| Income taxes | 67/77 | €29,892 | €46,309 | +€16,417 | +54.9% |
| Profit (loss) for the period | 9904 | €60,420 | €93,207 | +€32,787 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,420 | €93,207 | +€32,787 | +54.3% |
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 3 October 2026 via checked.be.