Daniëls Services: 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.
Daniëls Services
Largest movements
- Tangible fixed assets +€107,694
up €107,694 (+52.2%), from €206,417 to €314,111
of which Leasing and similar rights: +€81,789
- Receivables after one year +€84,340
new in 2025: €84,340
- Cash -€47,092
down €47,092 (-54.2%), from €86,839 to €39,748
mainly Investment in fixed assets (net) (-€217,727) and Receivables after one year (-€84,340)
- Receivables within one year +€18,335
up €18,335 (+4.5%), from €411,783 to €430,118
of which Trade receivables: +€112,432
- Deferred charges and accrued income -€11,861
down €11,861 (-100%), from €11,861 to €0
- Debts after one year +€52,026
up €52,026 (+71.6%), from €72,662 to €124,688
- Reserves +€37,249
up €37,249 (+9.3%), from €401,689 to €438,938
- Trade debts +€34,006
up €34,006 (+27.5%), from €123,565 to €157,570
- Accrued charges and deferred income +€14,647
up €14,647 (+12,105%), from €121 to €14,768
- Current portion of long-term debt +€12,253
up €12,253 (+18.2%), from €67,345 to €79,598
- Staff costs +€68,050
up €68,050 (+71.7%), from €94,878 to €162,927
- Gross operating margin +€67,595
up €67,595 (+23.5%), from €287,785 to €355,380
- Depreciation +€15,615
up €15,615 (+16.5%), from €94,418 to €110,033
- Financial income +€6,468
up €6,468 (+1,799%), from €359 to €6,827
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 | €717,400 | €868,816 | +€151,416 | +21.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €206,417 | €314,111 | +€107,694 | +52.2% |
| Tangible fixed assets | 22/27 | €206,417 | €314,111 | +€107,694 | +52.2% |
| Plant, machinery and equipment | 23 | €45,064 | €76,727 | +€31,663 | +70.3% |
| Furniture and vehicles | 24 | €126,476 | €114,768 | -€11,708 | -9.3% |
| Leasing and similar rights | 25 | - | €81,789 | +€81,789 | |
| Other tangible fixed assets | 26 | €34,877 | €40,828 | +€5,951 | +17.1% |
| Current assets | 29/58 | €510,983 | €554,705 | +€43,722 | +8.6% |
| Amounts receivable after more than one year | 29 | - | €84,340 | +€84,340 | |
| Other amounts receivable | 291 | - | €84,340 | +€84,340 | |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €411,783 | €430,118 | +€18,335 | +4.5% |
| Trade receivables | 40 | €273,835 | €386,267 | +€112,432 | +41.1% |
| Other amounts receivable | 41 | €137,948 | €43,851 | -€94,097 | -68.2% |
| Cash at bank and in hand | 54/58 | €86,839 | €39,748 | -€47,092 | -54.2% |
| Deferred charges and accrued income | 490/1 | €11,861 | €0 | -€11,861 | -100% |
| Total equity and liabilities | 10/49 | €717,400 | €868,816 | +€151,416 | +21.1% |
| Equity | 10/15 | €404,689 | €441,938 | +€37,249 | +9.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €401,689 | €438,938 | +€37,249 | +9.3% |
| Distributable reserves | 133 | €401,689 | €438,938 | +€37,249 | +9.3% |
| Amounts payable | 17/49 | €312,711 | €426,878 | +€114,167 | +36.5% |
| Amounts payable after more than one year | 17 | €72,662 | €124,688 | +€52,026 | +71.6% |
| Financial debts | 170/4 | €72,662 | €124,688 | +€52,026 | +71.6% |
| Amounts payable within one year | 42/48 | €239,929 | €287,423 | +€47,494 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €67,345 | €79,598 | +€12,253 | +18.2% |
| Financial debts | 43 | €20,764 | €12,867 | -€7,897 | -38.0% |
| Credit institutions | 430/8 | €20,764 | €12,867 | -€7,897 | -38.0% |
| Trade debts | 44 | €123,565 | €157,570 | +€34,006 | +27.5% |
| Suppliers | 440/4 | €123,565 | €157,570 | +€34,006 | +27.5% |
| Taxes, remuneration and social security | 45 | €20,224 | €25,957 | +€5,734 | +28.4% |
| Taxes | 450/3 | €7,979 | €9,268 | +€1,289 | +16.2% |
| Remuneration and social security | 454/9 | €12,245 | €16,690 | +€4,444 | +36.3% |
| Other amounts payable | 47/48 | €8,031 | €11,430 | +€3,399 | +42.3% |
| Accrued charges and deferred income | 492/3 | €121 | €14,768 | +€14,647 | +12,105% |
| Non-recurring operating income | 76A | €20,500 | - | -€20,500 | |
| Remuneration, social security and pensions | 62 | €94,878 | €162,927 | +€68,050 | +71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,418 | €110,033 | +€15,615 | +16.5% |
| Other operating charges | 640/8 | €22,603 | €24,735 | +€2,132 | +9.4% |
| Non-recurring operating charges | 66A | €2,191 | €1,170 | -€1,021 | -46.6% |
| Gross operating margin | 9900 | €287,785 | €355,380 | +€67,595 | +23.5% |
| Operating profit (loss) | 9901 | €73,695 | €56,515 | -€17,180 | -23.3% |
| Financial income | 75/76B | €359 | €6,827 | +€6,468 | +1,799% |
| Recurring financial income | 75 | €359 | €6,827 | +€6,468 | +1,799% |
| Financial charges | 65/66B | €9,718 | €11,649 | +€1,931 | +19.9% |
| Recurring financial charges | 65 | €9,718 | €11,649 | +€1,931 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €64,337 | €51,693 | -€12,643 | -19.7% |
| Income taxes | 67/77 | €16,880 | €14,444 | -€2,436 | -14.4% |
| Profit (loss) for the period | 9904 | €47,456 | €37,249 | -€10,207 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,456 | €37,249 | -€10,207 | -21.5% |
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 20 October 2026 via checked.be.