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DANILI: what changed

Two fiscal 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

DANILI

BE 0863.567.244
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€8,163
2025 · -€18,991+€10,828
Equity
€1.3m
2025 · €1.4m-€53,163
Cash
€212,096
2025 · €344,459-€132,363
Balance sheet total
€1.8m
2025 · €2.1m-€256,399

Largest movements

2025 to 2026
Assets
  • Cash -€132,363

    down €132,363 (-38.4%), from €344,459 to €212,096

    mainly Other debts (-€144,967) and Debts after one year (-€65,426)

  • Intangible fixed assets -€53,763

    down €53,763 (-15.0%), from €358,373 to €304,610

  • Tangible fixed assets -€52,695

    down €52,695 (-4.2%), from €1.3m to €1.2m

    of which Land and buildings: -€55,129

Equity and liabilities
  • Other debts -€144,967

    down €144,967 (-76.3%), from €190,000 to €45,033

  • Debts after one year -€65,426

    down €65,426 (-19.4%), from €337,093 to €271,667

  • Reserves -€51,600

    down €51,600 (-3.9%), from €1.3m to €1.3m

    of which Tax-exempt reserves: -€44,100

Income statement
  • Taxes -€7,374

    down €7,374 (-18.9%), from €38,993 to €31,619

  • Financial charges -€7,121

    down €7,121 (-55.4%), from €12,852 to €5,730

  • Depreciation +€1,882

    up €1,882 (+1.7%), from €110,630 to €112,512

From the 2025 result to the 2026 result

effect on the 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 2025 -€18,991
Gross operating margin +€235
Depreciation -€1,882
Other operating charges -€1,078
Financial income -€942
Financial charges +€7,121
Taxes +€7,374
Result 2026 -€8,163

Cash bridge derived

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€16,850
Investment -€6,054
Financing -€109,459
Cash 2025 €344,459
Net result for the year -€8,163
Depreciation +€112,512
Receivables within one year +€5,044
Deferred charges and accrued income +€12,535
Provisions -€2,200
Trade debts +€2,339
Tax, wage and social debts +€6,074
Other debts -€144,967
Accrued charges and deferred income -€24
Investment in fixed assets (net) -€6,054
Debts after one year -€65,426
Current portion of long-term debt +€967
Contributions, distributions and other -€45,000
Cash 2026 €212,096
Every line side by side 47 lines
Line Code 2025 2026 Change %
Total assets 20/58 €2,050,736 €1,794,337 -€256,399 -12.5%
Fixed assets 21/28 €1,616,440 €1,509,981 -€106,458 -6.6%
Intangible fixed assets 21 €358,373 €304,610 -€53,763 -15.0%
Tangible fixed assets 22/27 €1,258,066 €1,205,371 -€52,695 -4.2%
Land and buildings 22 €1,249,687 €1,194,558 -€55,129 -4.4%
Plant, machinery and equipment 23 €2,572 €5,946 +€3,374 +131.2%
Furniture and vehicles 24 €5,807 €4,867 -€940 -16.2%
Current assets 29/58 €434,296 €284,355 -€149,941 -34.5%
Amounts receivable within one year 40/41 €70,400 €65,357 -€5,044 -7.2%
Trade receivables 40 €14,621 - -€14,621
Other amounts receivable 41 €55,780 €65,357 +€9,577 +17.2%
Cash at bank and in hand 54/58 €344,459 €212,096 -€132,363 -38.4%
Deferred charges and accrued income 490/1 €19,437 €6,902 -€12,535 -64.5%
Total equity and liabilities 10/49 €2,050,736 €1,794,337 -€256,399 -12.5%
Equity 10/15 €1,390,677 €1,337,514 -€53,163 -3.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,336,843 €1,285,243 -€51,600 -3.9%
Tax-exempt reserves 132 €229,983 €185,883 -€44,100 -19.2%
Distributable reserves 133 €1,106,860 €1,099,360 -€7,500 -0.7%
Profit (loss) carried forward 14 €35,234 €33,671 -€1,563 -4.4%
Provisions and deferred taxes 16 €45,411 €43,211 -€2,200 -4.8%
Deferred taxes 168 €45,411 €43,211 -€2,200 -4.8%
Amounts payable 17/49 €614,648 €413,612 -€201,036 -32.7%
Amounts payable after more than one year 17 €337,093 €271,667 -€65,426 -19.4%
Financial debts 170/4 €337,093 €271,667 -€65,426 -19.4%
Amounts payable within one year 42/48 €277,401 €141,814 -€135,587 -48.9%
Current portion of amounts payable after more than one year 42 €64,459 €65,426 +€967 +1.5%
Trade debts 44 €707 €3,046 +€2,339 +331.0%
Suppliers 440/4 €707 €3,046 +€2,339 +331.0%
Taxes, remuneration and social security 45 €22,235 €28,309 +€6,074 +27.3%
Taxes 450/3 €22,235 €28,309 +€6,074 +27.3%
Other amounts payable 47/48 €190,000 €45,033 -€144,967 -76.3%
Accrued charges and deferred income 492/3 €154 €130 -€24 -15.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €110,630 €112,512 +€1,882 +1.7%
Other operating charges 640/8 €35,002 €36,080 +€1,078 +3.1%
Gross operating margin 9900 €170,003 €170,237 +€235 +0.1%
Operating profit (loss) 9901 €24,371 €21,645 -€2,726 -11.2%
Financial income 75/76B €6,283 €5,341 -€942 -15.0%
Recurring financial income 75 €6,283 €5,341 -€942 -15.0%
Financial charges 65/66B €12,852 €5,730 -€7,121 -55.4%
Recurring financial charges 65 €12,852 €5,730 -€7,121 -55.4%
Profit (loss) for the period before taxes 9903 €17,802 €21,256 +€3,453 +19.4%
Transfer from deferred taxes 780 €2,200 €2,200 = 0.0%
Income taxes 67/77 €38,993 €31,619 -€7,374 -18.9%
Profit (loss) for the period 9904 -€18,991 -€8,163 +€10,828 +57.0%
Transfer from tax-exempt reserves 789 €6,600 €6,600 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€12,390 -€1,563 +€10,828 +87.4%

Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.