DANIELLI: 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.
What changed
DANIELLI
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€33,504
2024 · €77,823-€44,319
Equity
€819,570
2024 · €786,066+€33,504
Cash
€17,612
2024 · €7,957+€9,655
Balance sheet total
€7.0m
2024 · €7.2m-€261,191
Largest movements
Assets
- Tangible fixed assets -€223,735
down €223,735 (-3.1%), from €7.2m to €6.9m
Equity and liabilities
- Debts after one year -€358,382
down €358,382 (-8.0%), from €4.5m to €4.1m
of which Financial debts: -€366,987
Income statement
- Gross operating margin -€47,826
down €47,826 (-10.0%), from €476,780 to €428,955
- Financial charges -€10,480
down €10,480 (-9.0%), from €116,054 to €105,574
- Other operating charges +€6,133
up €6,133 (+11.4%), from €53,678 to €59,811
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.
Result 2024
€77,823
Gross operating margin
-€47,826
Depreciation
-€888
Other operating charges
-€6,133
Other operating items
+€176
Financial income
-€129
Financial charges
+€10,480
Result 2025
€33,504
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€382,264
Investment
-€6,331
Financing
-€366,278
Cash 2024
€7,957
From operations (derived)
+€382,264
Net result for the year
+€33,504
Depreciation
+€230,066
Receivables within one year
-€3,945
Deferred charges and accrued income
+€51,056
Trade debts
+€2,665
Other debts
+€48,410
Accrued charges and deferred income
+€20,509
Investment (derived)
-€6,331
Investment in fixed assets (net)
-€6,331
Financing
-€366,278
Debts after one year
-€358,382
Current portion of long-term debt
-€8,935
Short-term financial debts
+€1,039
Cash 2025
€17,612
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,234,665 | €6,973,474 | -€261,191 | -3.6% |
| Fixed assets | 21/28 | €7,170,698 | €6,946,964 | -€223,735 | -3.1% |
| Tangible fixed assets | 22/27 | €7,170,698 | €6,946,964 | -€223,735 | -3.1% |
| Land and buildings | 22 | €7,170,698 | €6,946,964 | -€223,735 | -3.1% |
| Current assets | 29/58 | €63,966 | €26,510 | -€37,456 | -58.6% |
| Amounts receivable within one year | 40/41 | - | €3,945 | +€3,945 | |
| Trade receivables | 40 | - | €3,945 | +€3,945 | |
| Cash at bank and in hand | 54/58 | €7,957 | €17,612 | +€9,655 | +121% |
| Deferred charges and accrued income | 490/1 | €56,009 | €4,953 | -€51,056 | -91.2% |
| Total equity and liabilities | 10/49 | €7,234,665 | €6,973,474 | -€261,191 | -3.6% |
| Equity | 10/15 | €786,066 | €819,570 | +€33,504 | +4.3% |
| Contributions | 10/11 | €1,050,000 | €1,050,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€263,934 | -€230,430 | +€33,504 | +12.7% |
| Amounts payable | 17/49 | €6,448,598 | €6,153,903 | -€294,695 | -4.6% |
| Amounts payable after more than one year | 17 | €4,496,215 | €4,137,833 | -€358,382 | -8.0% |
| Financial debts | 170/4 | €4,496,215 | €4,129,228 | -€366,987 | -8.2% |
| Other amounts payable | 178/9 | - | €8,605 | +€8,605 | |
| Amounts payable within one year | 42/48 | €1,856,549 | €1,899,727 | +€43,178 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €375,922 | €366,987 | -€8,935 | -2.4% |
| Financial debts | 43 | €1,054 | €2,093 | +€1,039 | +98.5% |
| Credit institutions | 430/8 | €1,054 | €2,093 | +€1,039 | +98.5% |
| Trade debts | 44 | €748 | €3,413 | +€2,665 | +356% |
| Suppliers | 440/4 | €748 | €3,413 | +€2,665 | +356% |
| Other amounts payable | 47/48 | €1,478,825 | €1,527,234 | +€48,410 | +3.3% |
| Accrued charges and deferred income | 492/3 | €95,834 | €116,343 | +€20,509 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229,178 | €230,066 | +€888 | +0.4% |
| Other operating charges | 640/8 | €53,678 | €59,811 | +€6,133 | +11.4% |
| Non-recurring operating charges | 66A | €176 | €0 | -€176 | -100% |
| Gross operating margin | 9900 | €476,780 | €428,955 | -€47,826 | -10.0% |
| Operating profit (loss) | 9901 | €193,748 | €139,078 | -€54,670 | -28.2% |
| Financial income | 75/76B | €129 | €0 | -€129 | -100% |
| Recurring financial income | 75 | €129 | €0 | -€129 | -100% |
| Financial charges | 65/66B | €116,054 | €105,574 | -€10,480 | -9.0% |
| Recurring financial charges | 65 | €116,054 | €105,574 | -€10,480 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €77,823 | €33,504 | -€44,319 | -56.9% |
| Profit (loss) for the period | 9904 | €77,823 | €33,504 | -€44,319 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,823 | €33,504 | -€44,319 | -56.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.