DANIELS KLEDING: what changed
DANIELS KLEDING
Largest movements
- Cash -€86,571
down €86,571 (-80.1%), from €108,031 to €21,461
mainly Net result for the year (-€25,865) and Tax, wage and social debts (-€20,668)
- Current investments +€20,145
new in 2025: €20,145
- Tangible fixed assets -€6,156
down €6,156 (-15.7%), from €39,280 to €33,124
of which Furniture and vehicles: -€7,030
- Receivables within one year +€6,054
up €6,054 (+58.2%), from €10,401 to €16,455
of which Other amounts receivable: +€9,293
- Stocks and contracts +€2,110
up €2,110 (+7.1%), from €29,861 to €31,970
- Profit (loss) carried forward -€25,865
down €25,865, from €0 to -€25,865
- Tax, wage and social debts -€20,668
down €20,668 (-65.7%), from €31,451 to €10,783
of which Taxes: -€15,438
- Other debts -€18,436
down €18,436 (-100.0%), from €18,440 to €4
- Debts after one year -€8,380
down €8,380 (-53.7%), from €15,598 to €7,218
- Trade debts +€8,075
up €8,075 (+517%), from €1,562 to €9,637
- Gross operating margin -€105,614
down €105,614 (-74.5%), from €141,802 to €36,187
- Taxes -€24,749
down €24,749 (-97.0%), from €25,508 to €759
- Depreciation +€5,436
up €5,436 (+136%), from €3,993 to €9,429
- Other operating charges +€1,508
up €1,508 (+160%), from €943 to €2,451
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,459 | €125,482 | -€64,977 | -34.1% |
| Fixed assets | 21/28 | €39,280 | €33,124 | -€6,156 | -15.7% |
| Tangible fixed assets | 22/27 | €39,280 | €33,124 | -€6,156 | -15.7% |
| Plant, machinery and equipment | 23 | €174 | €1,048 | +€874 | +504% |
| Furniture and vehicles | 24 | €39,106 | €32,076 | -€7,030 | -18.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €151,180 | €92,358 | -€58,822 | -38.9% |
| Stocks and contracts in progress | 3 | €29,861 | €31,970 | +€2,110 | +7.1% |
| Stocks | 30/36 | €29,861 | €31,970 | +€2,110 | +7.1% |
| Amounts receivable within one year | 40/41 | €10,401 | €16,455 | +€6,054 | +58.2% |
| Trade receivables | 40 | €10,401 | €7,161 | -€3,240 | -31.1% |
| Other amounts receivable | 41 | - | €9,293 | +€9,293 | |
| Current investments | 50/53 | - | €20,145 | +€20,145 | |
| Cash at bank and in hand | 54/58 | €108,031 | €21,461 | -€86,571 | -80.1% |
| Deferred charges and accrued income | 490/1 | €2,887 | €2,327 | -€560 | -19.4% |
| Total equity and liabilities | 10/49 | €190,459 | €125,482 | -€64,977 | -34.1% |
| Equity | 10/15 | €115,326 | €89,461 | -€25,865 | -22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,726 | €96,726 | = | 0.0% |
| Distributable reserves | 133 | €96,726 | €96,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€25,865 | -€25,865 | |
| Amounts payable | 17/49 | €75,133 | €36,021 | -€39,112 | -52.1% |
| Amounts payable after more than one year | 17 | €15,598 | €7,218 | -€8,380 | -53.7% |
| Financial debts | 170/4 | €15,598 | €7,218 | -€8,380 | -53.7% |
| Amounts payable within one year | 42/48 | €59,536 | €28,804 | -€30,732 | -51.6% |
| Current portion of amounts payable after more than one year | 42 | €8,083 | €8,380 | +€297 | +3.7% |
| Trade debts | 44 | €1,562 | €9,637 | +€8,075 | +517% |
| Suppliers | 440/4 | €1,562 | €9,637 | +€8,075 | +517% |
| Taxes, remuneration and social security | 45 | €31,451 | €10,783 | -€20,668 | -65.7% |
| Taxes | 450/3 | €16,362 | €924 | -€15,438 | -94.4% |
| Remuneration and social security | 454/9 | €15,090 | €9,859 | -€5,231 | -34.7% |
| Other amounts payable | 47/48 | €18,440 | €4 | -€18,436 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €48,740 | €48,951 | +€211 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,993 | €9,429 | +€5,436 | +136% |
| Other operating charges | 640/8 | €943 | €2,451 | +€1,508 | +160% |
| Gross operating margin | 9900 | €141,802 | €36,187 | -€105,614 | -74.5% |
| Operating profit (loss) | 9901 | €88,125 | -€24,643 | -€112,769 | |
| Financial income | 75/76B | €470 | €547 | +€77 | +16.4% |
| Recurring financial income | 75 | €470 | €547 | +€77 | +16.4% |
| Financial charges | 65/66B | €1,217 | €1,010 | -€207 | -17.0% |
| Recurring financial charges | 65 | €1,217 | €1,010 | -€207 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €87,379 | -€25,106 | -€112,485 | |
| Income taxes | 67/77 | €25,508 | €759 | -€24,749 | -97.0% |
| Profit (loss) for the period | 9904 | €61,871 | -€25,865 | -€87,736 | |
| Profit (loss) for the period to be appropriated | 9905 | €61,871 | -€25,865 | -€87,736 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.