DANLEK: 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.
DANLEK
Largest movements
- Receivables within one year +€241,942
up €241,942 (+181.7%), from €133,173 to €375,115
of which Other amounts receivable: +€243,503
- Cash -€128,265
down €128,265 (-98.8%), from €129,864 to €1,599
mainly Receivables within one year (-€241,942) and Debts after one year (-€21,216)
- Tangible fixed assets -€41,030
down €41,030 (-2.3%), from €1.8m to €1.8m
of which Land and buildings: -€54,387
- Profit (loss) carried forward +€103,259
up €103,259 (+72.3%), from -€142,850 to -€39,592
- Tax, wage and social debts +€29,825
up €29,825 (+638.8%), from €4,669 to €34,494
- Depreciation +€22,554
up €22,554 (+57.2%), from €39,457 to €62,010
- Financial charges -€12,463
down €12,463 (-80.8%), from €15,424 to €2,960
- Taxes -€11,655
down €11,655 (-29.1%), from €39,996 to €28,341
- Other operating charges +€8,369
up €8,369 (+125.9%), from €6,649 to €15,018
- Financial income +€7,153
up €7,153 (+124.0%), from €5,769 to €12,923
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 | €2,082,739 | €2,155,386 | +€72,648 | +3.5% |
| Fixed assets | 21/28 | €1,817,516 | €1,776,487 | -€41,030 | -2.3% |
| Tangible fixed assets | 22/27 | €1,817,516 | €1,776,487 | -€41,030 | -2.3% |
| Land and buildings | 22 | €1,808,411 | €1,754,024 | -€54,387 | -3.0% |
| Plant, machinery and equipment | 23 | €3,897 | €7,774 | +€3,877 | +99.5% |
| Furniture and vehicles | 24 | €5,208 | €14,689 | +€9,480 | +182.0% |
| Current assets | 29/58 | €265,222 | €378,900 | +€113,678 | +42.9% |
| Stocks and contracts in progress | 3 | €450 | €450 | = | 0.0% |
| Stocks | 30/36 | €450 | €450 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €133,173 | €375,115 | +€241,942 | +181.7% |
| Trade receivables | 40 | €11,580 | €10,019 | -€1,560 | -13.5% |
| Other amounts receivable | 41 | €121,593 | €365,096 | +€243,503 | +200.3% |
| Current investments | 50/53 | €1,735 | €1,735 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €129,864 | €1,599 | -€128,265 | -98.8% |
| Total equity and liabilities | 10/49 | €2,082,739 | €2,155,386 | +€72,648 | +3.5% |
| Equity | 10/15 | €1,079,157 | €1,176,064 | +€96,906 | +9.0% |
| Contributions | 10/11 | €1,115,521 | €1,115,521 | = | 0.0% |
| Reserves | 13 | €106,487 | €100,135 | -€6,352 | -6.0% |
| Non-distributable reserves | 130/1 | €3,193 | €3,193 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,193 | €3,193 | = | 0.0% |
| Tax-exempt reserves | 132 | €103,294 | €96,942 | -€6,352 | -6.1% |
| Profit (loss) carried forward | 14 | -€142,850 | -€39,592 | +€103,259 | +72.3% |
| Provisions and deferred taxes | 16 | €34,961 | €33,373 | -€1,588 | -4.5% |
| Deferred taxes | 168 | €34,961 | €33,373 | -€1,588 | -4.5% |
| Amounts payable | 17/49 | €968,620 | €945,950 | -€22,671 | -2.3% |
| Amounts payable after more than one year | 17 | €123,391 | €102,174 | -€21,216 | -17.2% |
| Financial debts | 170/4 | €123,391 | €102,174 | -€21,216 | -17.2% |
| Amounts payable within one year | 42/48 | €845,230 | €843,775 | -€1,454 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €37,805 | €21,216 | -€16,588 | -43.9% |
| Trade debts | 44 | €15,230 | €15,363 | +€134 | +0.9% |
| Suppliers | 440/4 | €15,230 | €15,363 | +€134 | +0.9% |
| Taxes, remuneration and social security | 45 | €4,669 | €34,494 | +€29,825 | +638.8% |
| Taxes | 450/3 | €4,669 | €34,494 | +€29,825 | +638.8% |
| Other amounts payable | 47/48 | €787,526 | €772,702 | -€14,824 | -1.9% |
| Non-recurring operating income | 76A | €255,677 | - | -€255,677 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,457 | €62,010 | +€22,554 | +57.2% |
| Other operating charges | 640/8 | €6,649 | €15,018 | +€8,369 | +125.9% |
| Gross operating margin | 9900 | €185,636 | €190,725 | +€5,089 | +2.7% |
| Operating profit (loss) | 9901 | €139,531 | €113,697 | -€25,834 | -18.5% |
| Financial income | 75/76B | €5,769 | €12,923 | +€7,153 | +124.0% |
| Recurring financial income | 75 | €5,769 | €12,923 | +€7,153 | +124.0% |
| Financial charges | 65/66B | €15,424 | €2,960 | -€12,463 | -80.8% |
| Recurring financial charges | 65 | €15,424 | €2,960 | -€12,463 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €129,876 | €123,659 | -€6,217 | -4.8% |
| Transfer from deferred taxes | 780 | €4,445 | €1,588 | -€2,857 | -64.3% |
| Transfer to deferred taxes | 680 | €0 | - | -€0 | |
| Income taxes | 67/77 | €39,996 | €28,341 | -€11,655 | -29.1% |
| Profit (loss) for the period | 9904 | €94,325 | €96,906 | +€2,581 | +2.7% |
| Transfer from tax-exempt reserves | 789 | €10,726 | €6,352 | -€4,374 | -40.8% |
| Transfer to tax-exempt reserves | 689 | €0 | - | -€0 | |
| Profit (loss) for the period to be appropriated | 9905 | €105,052 | €103,259 | -€1,793 | -1.7% |
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 10 October 2026 via checked.be.