DANISH: 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.
DANISH
Largest movements
- Receivables within one year +€2,215
new in 2025: €2,215
- Cash -€1,441
down €1,441 (-13.8%), from €10,415 to €8,974
mainly Other debts (-€2,225) and Receivables within one year (-€2,215)
- Stocks and contracts -€535
down €535 (-5.2%), from €10,216 to €9,681
- Deferred charges and accrued income +€269
new in 2025: €269
- Profit (loss) carried forward +€3,877
up €3,877 (+63.6%), from €6,093 to €9,970
- Other debts -€2,225
no longer reported in 2025 (was €2,225)
- Contributions +€1,150
up €1,150 (+18.6%), from €6,200 to €7,350
- Reserves -€1,150
no longer reported in 2025 (was €1,150)
- Tax, wage and social debts -€758
down €758 (-12.7%), from €5,973 to €5,215
of which Remuneration and social security: -€427
- Gross operating margin +€7,383
up €7,383 (+23.2%), from €31,805 to €39,187
- Staff costs +€4,799
up €4,799 (+17.8%), from €26,977 to €31,776
- Depreciation -€1,575
down €1,575 (-98.0%), from €1,607 to €32
- Taxes +€860
new in 2025: €860
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.
Cash bridge derived
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 | €22,464 | €22,939 | +€475 | +2.1% |
| Fixed assets | 21/28 | €1,832 | €1,800 | -€32 | -1.8% |
| Tangible fixed assets | 22/27 | €32 | - | -€32 | |
| Leasing and similar rights | 25 | €32 | - | -€32 | |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €20,631 | €21,139 | +€508 | +2.5% |
| Stocks and contracts in progress | 3 | €10,216 | €9,681 | -€535 | -5.2% |
| Stocks | 30/36 | €10,216 | €9,681 | -€535 | -5.2% |
| Amounts receivable within one year | 40/41 | - | €2,215 | +€2,215 | |
| Other amounts receivable | 41 | - | €2,215 | +€2,215 | |
| Cash at bank and in hand | 54/58 | €10,415 | €8,974 | -€1,441 | -13.8% |
| Deferred charges and accrued income | 490/1 | - | €269 | +€269 | |
| Total equity and liabilities | 10/49 | €22,464 | €22,939 | +€475 | +2.1% |
| Equity | 10/15 | €13,443 | €17,320 | +€3,877 | +28.8% |
| Contributions | 10/11 | €6,200 | €7,350 | +€1,150 | +18.6% |
| Reserves | 13 | €1,150 | - | -€1,150 | |
| Non-distributable reserves | 130/1 | €1,150 | - | -€1,150 | |
| Reserves not available under the articles | 1311 | €1,150 | - | -€1,150 | |
| Profit (loss) carried forward | 14 | €6,093 | €9,970 | +€3,877 | +63.6% |
| Amounts payable | 17/49 | €9,020 | €5,619 | -€3,401 | -37.7% |
| Amounts payable within one year | 42/48 | €9,020 | €5,619 | -€3,401 | -37.7% |
| Trade debts | 44 | €822 | €404 | -€418 | -50.9% |
| Suppliers | 440/4 | €822 | €404 | -€418 | -50.9% |
| Taxes, remuneration and social security | 45 | €5,973 | €5,215 | -€758 | -12.7% |
| Taxes | 450/3 | €1,671 | €1,340 | -€331 | -19.8% |
| Remuneration and social security | 454/9 | €4,303 | €3,875 | -€427 | -9.9% |
| Other amounts payable | 47/48 | €2,225 | - | -€2,225 | |
| Remuneration, social security and pensions | 62 | €26,977 | €31,776 | +€4,799 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,607 | €32 | -€1,575 | -98.0% |
| Other operating charges | 640/8 | €923 | €558 | -€365 | -39.6% |
| Non-recurring operating charges | 66A | - | €312 | +€312 | |
| Gross operating margin | 9900 | €31,805 | €39,187 | +€7,383 | +23.2% |
| Operating profit (loss) | 9901 | €2,297 | €6,509 | +€4,212 | +183.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,912 | €1,773 | -€139 | -7.3% |
| Recurring financial charges | 65 | €1,912 | €1,773 | -€139 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €385 | €4,737 | +€4,351 | +1129.5% |
| Income taxes | 67/77 | - | €860 | +€860 | |
| Profit (loss) for the period | 9904 | €385 | €3,877 | +€3,491 | +906.3% |
| Profit (loss) for the period to be appropriated | 9905 | €385 | €3,877 | +€3,491 | +906.3% |
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 11 October 2026 via checked.be.