Daniel Daubercies: 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.
Daniel Daubercies
Largest movements
- Cash -€14,617
down €14,617 (-39.6%), from €36,890 to €22,273
mainly Trade debts (-€8,674) and Tax, wage and social debts (-€7,052)
- Tangible fixed assets -€5,649
down €5,649 (-7.2%), from €78,411 to €72,761
- Trade debts -€8,674
down €8,674 (-35.1%), from €24,722 to €16,047
- Tax, wage and social debts -€7,052
no longer reported in 2025 (was €7,052)
- Gross operating margin -€45,278
down €45,278 (-54.5%), from €83,087 to €37,809
- Write-downs -€34,539
down €34,539 (-91.9%), from €37,590 to €3,052
- Other operating charges +€4,939
up €4,939 (+27.0%), from €18,294 to €23,232
- Depreciation -€4,160
down €4,160 (-26.7%), from €15,601 to €11,441
- Taxes -€2,162
down €2,162 (-68.8%), from €3,141 to €979
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 | €237,469 | €220,729 | -€16,740 | -7.0% |
| Fixed assets | 21/28 | €78,491 | €72,841 | -€5,649 | -7.2% |
| Tangible fixed assets | 22/27 | €78,411 | €72,761 | -€5,649 | -7.2% |
| Land and buildings | 22 | €19,886 | €19,651 | -€235 | -1.2% |
| Plant, machinery and equipment | 23 | €53,282 | €50,549 | -€2,733 | -5.1% |
| Furniture and vehicles | 24 | €5,243 | €2,561 | -€2,681 | -51.1% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €158,979 | €147,888 | -€11,091 | -7.0% |
| Amounts receivable within one year | 40/41 | €35,548 | €37,483 | +€1,935 | +5.4% |
| Trade receivables | 40 | €3,052 | €4,932 | +€1,880 | +61.6% |
| Other amounts receivable | 41 | €32,496 | €32,551 | +€55 | +0.2% |
| Cash at bank and in hand | 54/58 | €36,890 | €22,273 | -€14,617 | -39.6% |
| Deferred charges and accrued income | 490/1 | €86,540 | €88,132 | +€1,591 | +1.8% |
| Total equity and liabilities | 10/49 | €237,469 | €220,729 | -€16,740 | -7.0% |
| Equity | 10/15 | €204,479 | €203,471 | -€1,008 | -0.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €142,479 | €141,471 | -€1,008 | -0.7% |
| Non-distributable reserves | 130/1 | €10,390 | €10,390 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €4,190 | €4,190 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,732 | €50,732 | = | 0.0% |
| Distributable reserves | 133 | €81,357 | €80,349 | -€1,008 | -1.2% |
| Amounts payable | 17/49 | €32,990 | €17,258 | -€15,732 | -47.7% |
| Amounts payable after more than one year | 17 | €1,160 | €1,160 | = | 0.0% |
| Other amounts payable | 178/9 | €1,160 | €1,160 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,774 | €16,047 | -€15,727 | -49.5% |
| Trade debts | 44 | €24,722 | €16,047 | -€8,674 | -35.1% |
| Suppliers | 440/4 | €24,722 | €16,047 | -€8,674 | -35.1% |
| Taxes, remuneration and social security | 45 | €7,052 | - | -€7,052 | |
| Remuneration and social security | 454/9 | €7,052 | - | -€7,052 | |
| Accrued charges and deferred income | 492/3 | €56 | €51 | -€6 | -10.2% |
| Non-recurring operating income | 76A | €1,183 | - | -€1,183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,601 | €11,441 | -€4,160 | -26.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €37,590 | €3,052 | -€34,539 | -91.9% |
| Other operating charges | 640/8 | €18,294 | €23,232 | +€4,939 | +27.0% |
| Gross operating margin | 9900 | €83,087 | €37,809 | -€45,278 | -54.5% |
| Operating profit (loss) | 9901 | €11,602 | €84 | -€11,518 | -99.3% |
| Financial income | 75/76B | €3,872 | €2,956 | -€916 | -23.6% |
| Recurring financial income | 75 | €3,872 | €2,956 | -€916 | -23.6% |
| Financial charges | 65/66B | €3,974 | €3,070 | -€904 | -22.8% |
| Recurring financial charges | 65 | €3,735 | €3,070 | -€665 | -17.8% |
| Non-recurring financial charges | 66B | €239 | - | -€239 | |
| Profit (loss) for the period before taxes | 9903 | €11,500 | -€29 | -€11,529 | |
| Income taxes | 67/77 | €3,141 | €979 | -€2,162 | -68.8% |
| Profit (loss) for the period | 9904 | €8,359 | -€1,008 | -€9,367 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,359 | -€1,008 | -€9,367 |
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 7 October 2026 via checked.be.