Daniels Bois: 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.
Daniels Bois
Largest movements
- Tangible fixed assets -€190,220
down €190,220 (-23.3%), from €817,097 to €626,877
- Stocks and contracts -€110,000
down €110,000 (-26.9%), from €408,343 to €298,343
- Receivables within one year -€75,866
down €75,866 (-29.9%), from €253,979 to €178,113
of which Trade receivables: -€138,798
- Cash -€38,476
down €38,476 (-67.8%), from €56,722 to €18,246
mainly Trade debts (-€202,835) and Short-term financial debts (-€120,000)
- Trade debts -€202,835
down €202,835 (-70.7%), from €286,968 to €84,133
- Short-term financial debts -€120,000
down €120,000 (-27.6%), from €435,000 to €315,000
- Debts after one year -€71,048
down €71,048 (-48.0%), from €148,091 to €77,044
- Reserves +€50,000
up €50,000 (+6.7%), from €750,000 to €800,000
- Profit (loss) carried forward -€29,370
down €29,370 (-99.4%), from €29,561 to €191
- Write-downs -€395,000
no longer reported in 2025 (was €395,000)
- Turnover -€258,786
down €258,786 (-13.5%), from €1.9m to €1.7m
- Purchases and services -€222,760
down €222,760 (-13.5%), from €1.7m to €1.4m
- Depreciation -€41,131
down €41,131 (-29.1%), from €141,512 to €100,380
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 | €2,094,578 | €1,682,059 | -€412,519 | -19.7% |
| Fixed assets | 21/28 | €1,167,097 | €976,877 | -€190,220 | -16.3% |
| Tangible fixed assets | 22/27 | €817,097 | €626,877 | -€190,220 | -23.3% |
| Land and buildings | 22 | €581,094 | €533,372 | -€47,722 | -8.2% |
| Plant, machinery and equipment | 23 | €163,736 | €75,917 | -€87,820 | -53.6% |
| Furniture and vehicles | 24 | €72,267 | €17,589 | -€54,678 | -75.7% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €927,481 | €705,182 | -€222,299 | -24.0% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €408,343 | €298,343 | -€110,000 | -26.9% |
| Stocks | 30/36 | €408,343 | €298,343 | -€110,000 | -26.9% |
| Amounts receivable within one year | 40/41 | €253,979 | €178,113 | -€75,866 | -29.9% |
| Trade receivables | 40 | €171,028 | €32,230 | -€138,798 | -81.2% |
| Other amounts receivable | 41 | €82,951 | €145,883 | +€62,932 | +75.9% |
| Cash at bank and in hand | 54/58 | €56,722 | €18,246 | -€38,476 | -67.8% |
| Deferred charges and accrued income | 490/1 | €8,437 | €10,481 | +€2,044 | +24.2% |
| Total equity and liabilities | 10/49 | €2,094,578 | €1,682,059 | -€412,519 | -19.7% |
| Equity | 10/15 | €1,085,248 | €1,105,878 | +€20,630 | +1.9% |
| Contributions | 10/11 | €305,687 | €305,687 | = | 0.0% |
| Reserves | 13 | €750,000 | €800,000 | +€50,000 | +6.7% |
| Distributable reserves | 133 | €750,000 | €800,000 | +€50,000 | +6.7% |
| Profit (loss) carried forward | 14 | €29,561 | €191 | -€29,370 | -99.4% |
| Amounts payable | 17/49 | €1,009,330 | €576,182 | -€433,148 | -42.9% |
| Amounts payable after more than one year | 17 | €148,091 | €77,044 | -€71,048 | -48.0% |
| Financial debts | 170/4 | €148,091 | €77,044 | -€71,048 | -48.0% |
| Amounts payable within one year | 42/48 | €861,239 | €497,603 | -€363,635 | -42.2% |
| Current portion of amounts payable after more than one year | 42 | €80,337 | €71,048 | -€9,289 | -11.6% |
| Financial debts | 43 | €435,000 | €315,000 | -€120,000 | -27.6% |
| Credit institutions | 430/8 | €435,000 | €315,000 | -€120,000 | -27.6% |
| Trade debts | 44 | €286,968 | €84,133 | -€202,835 | -70.7% |
| Suppliers | 440/4 | €286,968 | €84,133 | -€202,835 | -70.7% |
| Taxes, remuneration and social security | 45 | €37,933 | €11,922 | -€26,011 | -68.6% |
| Taxes | 450/3 | €37,933 | €11,922 | -€26,011 | -68.6% |
| Other amounts payable | 47/48 | €21,000 | €15,500 | -€5,500 | -26.2% |
| Accrued charges and deferred income | 492/3 | - | €1,534 | +€1,534 | |
| Turnover | 70 | €1,923,651 | €1,664,864 | -€258,786 | -13.5% |
| Non-recurring operating income | 76A | €4,203 | €4,200 | -€3 | -0.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,653,446 | €1,430,685 | -€222,760 | -13.5% |
| Remuneration, social security and pensions | 62 | €91,736 | €76,179 | -€15,557 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,512 | €100,380 | -€41,131 | -29.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €395,000 | - | -€395,000 | |
| Other operating charges | 640/8 | €11,319 | €13,147 | +€1,827 | +16.1% |
| Non-recurring operating charges | 66A | €42,780 | €25,946 | -€16,835 | -39.4% |
| Gross operating margin | 9900 | €274,408 | €270,246 | -€4,162 | -1.5% |
| Operating profit (loss) | 9901 | -€407,940 | €54,594 | +€462,534 | |
| Financial income | 75/76B | €4,442 | €5,137 | +€695 | +15.6% |
| Recurring financial income | 75 | €4,442 | €5,137 | +€695 | +15.6% |
| Financial charges | 65/66B | €49,819 | €38,960 | -€10,859 | -21.8% |
| Recurring financial charges | 65 | €49,819 | €38,960 | -€10,859 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | -€453,317 | €20,770 | +€474,088 | |
| Income taxes | 67/77 | -€1,135 | €141 | +€1,276 | |
| Profit (loss) for the period | 9904 | -€452,183 | €20,630 | +€472,812 | |
| Profit (loss) for the period to be appropriated | 9905 | -€452,183 | €20,630 | +€472,812 |
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 31 October 2026 via checked.be.