Danko: 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.
Danko
Largest movements
- Cash +€16,806
up €16,806 (+921%), from €1,825 to €18,631
mainly Net result for the year (+€19,815) and Tax, wage and social debts (+€3,399)
- Receivables within one year +€7,339
up €7,339 (+15.7%), from €46,823 to €54,162
of which Other amounts receivable: +€10,161
- Deferred charges and accrued income -€831
no longer reported in 2025 (was €831)
- Reserves +€19,815
up €19,815 (+51.3%), from €38,660 to €58,474
- Tax, wage and social debts +€3,399
up €3,399 (+33.8%), from €10,068 to €13,467
of which Taxes: +€4,359
- Gross operating margin -€5,523
down €5,523 (-13.8%), from €40,096 to €34,573
- Taxes +€1,855
up €1,855 (+22.1%), from €8,405 to €10,260
- Other operating charges -€1,671
down €1,671 (-62.9%), from €2,658 to €987
- Financial charges -€789
down €789 (-26.6%), from €2,969 to €2,180
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 | €53,741 | €76,941 | +€23,200 | +43.2% |
| Fixed assets | 21/28 | €4,262 | €4,148 | -€114 | -2.7% |
| Tangible fixed assets | 22/27 | €4,157 | €4,043 | -€114 | -2.7% |
| Plant, machinery and equipment | 23 | €1,404 | €2,156 | +€751 | +53.5% |
| Furniture and vehicles | 24 | €2,753 | €1,888 | -€865 | -31.4% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €49,479 | €72,793 | +€23,314 | +47.1% |
| Amounts receivable within one year | 40/41 | €46,823 | €54,162 | +€7,339 | +15.7% |
| Trade receivables | 40 | €28,285 | €25,463 | -€2,822 | -10.0% |
| Other amounts receivable | 41 | €18,538 | €28,699 | +€10,161 | +54.8% |
| Cash at bank and in hand | 54/58 | €1,825 | €18,631 | +€16,806 | +921% |
| Deferred charges and accrued income | 490/1 | €831 | - | -€831 | |
| Total equity and liabilities | 10/49 | €53,741 | €76,941 | +€23,200 | +43.2% |
| Equity | 10/15 | €43,660 | €63,474 | +€19,815 | +45.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,660 | €58,474 | +€19,815 | +51.3% |
| Distributable reserves | 133 | €38,660 | €58,474 | +€19,815 | +51.3% |
| Amounts payable | 17/49 | €10,082 | €13,467 | +€3,385 | +33.6% |
| Amounts payable within one year | 42/48 | €10,082 | €13,467 | +€3,385 | +33.6% |
| Trade debts | 44 | €14 | - | -€14 | |
| Suppliers | 440/4 | €14 | - | -€14 | |
| Taxes, remuneration and social security | 45 | €10,068 | €13,467 | +€3,399 | +33.8% |
| Taxes | 450/3 | €9,108 | €13,467 | +€4,359 | +47.9% |
| Remuneration and social security | 454/9 | €960 | - | -€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,641 | €1,601 | -€41 | -2.5% |
| Other operating charges | 640/8 | €2,658 | €987 | -€1,671 | -62.9% |
| Non-recurring operating charges | 66A | - | €99 | +€99 | |
| Gross operating margin | 9900 | €40,096 | €34,573 | -€5,523 | -13.8% |
| Operating profit (loss) | 9901 | €35,797 | €31,886 | -€3,911 | -10.9% |
| Financial income | 75/76B | €462 | €368 | -€94 | -20.3% |
| Recurring financial income | 75 | €462 | €368 | -€94 | -20.3% |
| Financial charges | 65/66B | €2,969 | €2,180 | -€789 | -26.6% |
| Recurring financial charges | 65 | €2,969 | €2,180 | -€789 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €33,290 | €30,075 | -€3,216 | -9.7% |
| Income taxes | 67/77 | €8,405 | €10,260 | +€1,855 | +22.1% |
| Profit (loss) for the period | 9904 | €24,885 | €19,815 | -€5,070 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,885 | €19,815 | -€5,070 | -20.4% |
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 27 October 2026 via checked.be.