DANIEL MOTOR: 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.
DANIEL MOTOR
Largest movements
- Cash +€254,935
up €254,935 (+44.0%), from €578,921 to €833,856
mainly Net result for the year (+€284,025) and Receivables within one year (+€115,256)
- Current investments +€139,540
up €139,540 (+13.0%), from €1.1m to €1.2m
- Receivables within one year -€115,256
down €115,256 (-67.4%), from €171,103 to €55,847
of which Trade receivables: -€102,878
- Tangible fixed assets -€74,875
down €74,875 (-5.8%), from €1.3m to €1.2m
of which Leasing and similar rights: -€66,925
- Reserves +€284,025
up €284,025 (+9.5%), from €3.0m to €3.3m
of which Distributable reserves: +€284,025
- Tax, wage and social debts -€100,055
down €100,055 (-60.3%), from €165,877 to €65,823
of which Taxes: -€111,528
- Debts after one year -€49,780
down €49,780 (-9.1%), from €545,542 to €495,762
- Trade debts +€46,585
up €46,585 (+198%), from €23,477 to €70,062
- Taxes -€152,199
down €152,199 (-53.5%), from €284,255 to €132,056
- Gross operating margin -€70,815
down €70,815 (-7.7%), from €917,456 to €846,641
- Staff costs +€36,363
up €36,363 (+13.4%), from €271,379 to €307,742
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 | €3,807,816 | €3,986,791 | +€178,975 | +4.7% |
| Fixed assets | 21/28 | €1,284,742 | €1,209,867 | -€74,875 | -5.8% |
| Tangible fixed assets | 22/27 | €1,284,742 | €1,209,867 | -€74,875 | -5.8% |
| Land and buildings | 22 | €145,517 | €135,040 | -€10,477 | -7.2% |
| Plant, machinery and equipment | 23 | €55,408 | €52,498 | -€2,910 | -5.3% |
| Furniture and vehicles | 24 | €6,373 | €11,809 | +€5,436 | +85.3% |
| Leasing and similar rights | 25 | €1,077,445 | €1,010,520 | -€66,925 | -6.2% |
| Current assets | 29/58 | €2,523,074 | €2,776,924 | +€253,850 | +10.1% |
| Stocks and contracts in progress | 3 | €689,264 | €650,601 | -€38,663 | -5.6% |
| Stocks | 30/36 | €689,264 | €650,601 | -€38,663 | -5.6% |
| Amounts receivable within one year | 40/41 | €171,103 | €55,847 | -€115,256 | -67.4% |
| Trade receivables | 40 | €158,316 | €55,438 | -€102,878 | -65.0% |
| Other amounts receivable | 41 | €12,787 | €409 | -€12,378 | -96.8% |
| Current investments | 50/53 | €1,072,738 | €1,212,278 | +€139,540 | +13.0% |
| Cash at bank and in hand | 54/58 | €578,921 | €833,856 | +€254,935 | +44.0% |
| Deferred charges and accrued income | 490/1 | €11,048 | €24,342 | +€13,294 | +120% |
| Total equity and liabilities | 10/49 | €3,807,816 | €3,986,791 | +€178,975 | +4.7% |
| Equity | 10/15 | €3,023,389 | €3,307,414 | +€284,025 | +9.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,004,797 | €3,288,822 | +€284,025 | +9.5% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €2,948,547 | €3,232,572 | +€284,025 | +9.6% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €784,427 | €679,377 | -€105,050 | -13.4% |
| Amounts payable after more than one year | 17 | €545,542 | €495,762 | -€49,780 | -9.1% |
| Financial debts | 170/4 | €545,542 | €495,762 | -€49,780 | -9.1% |
| Amounts payable within one year | 42/48 | €238,052 | €183,156 | -€54,896 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €48,698 | €45,673 | -€3,024 | -6.2% |
| Trade debts | 44 | €23,477 | €70,062 | +€46,585 | +198% |
| Suppliers | 440/4 | €23,477 | €70,062 | +€46,585 | +198% |
| Taxes, remuneration and social security | 45 | €165,877 | €65,823 | -€100,055 | -60.3% |
| Taxes | 450/3 | €134,212 | €22,685 | -€111,528 | -83.1% |
| Remuneration and social security | 454/9 | €31,665 | €43,138 | +€11,473 | +36.2% |
| Other amounts payable | 47/48 | €0 | €1,598 | +€1,598 | |
| Accrued charges and deferred income | 492/3 | €833 | €458 | -€374 | -45.0% |
| Non-recurring operating income | 76A | €2,332 | €1,478 | -€855 | -36.6% |
| Remuneration, social security and pensions | 62 | €271,379 | €307,742 | +€36,363 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,396 | €101,555 | +€6,158 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,912 | €106 | +€3,018 | |
| Other operating charges | 640/8 | €7,047 | €7,053 | +€5 | +0.1% |
| Non-recurring operating charges | 66A | €867 | €10,263 | +€9,395 | +1,083% |
| Gross operating margin | 9900 | €917,456 | €846,641 | -€70,815 | -7.7% |
| Operating profit (loss) | 9901 | €545,679 | €419,923 | -€125,756 | -23.0% |
| Financial income | 75/76B | €11,675 | €8,717 | -€2,958 | -25.3% |
| Recurring financial income | 75 | €11,675 | €8,717 | -€2,958 | -25.3% |
| Financial charges | 65/66B | €13,618 | €12,559 | -€1,059 | -7.8% |
| Recurring financial charges | 65 | €13,618 | €12,559 | -€1,059 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €543,736 | €416,081 | -€127,655 | -23.5% |
| Transfer from deferred taxes | 780 | €87,395 | €0 | -€87,395 | -100% |
| Income taxes | 67/77 | €284,255 | €132,056 | -€152,199 | -53.5% |
| Profit (loss) for the period | 9904 | €346,876 | €284,025 | -€62,851 | -18.1% |
| Transfer from tax-exempt reserves | 789 | €262,186 | €0 | -€262,186 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €609,063 | €284,025 | -€325,037 | -53.4% |
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 24 October 2026 via checked.be.