DANLEY: 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.
DANLEY
Largest movements
- Receivables within one year +€227,348
up €227,348 (+149.8%), from €151,731 to €379,078
of which Other amounts receivable: +€295,340
- Cash -€64,270
down €64,270 (-16.4%), from €391,205 to €326,935
mainly Receivables within one year (-€227,348) and Debts after one year (-€67,264)
- Current investments +€64,000
up €64,000 (+492.3%), from €13,000 to €77,000
- Tangible fixed assets -€15,260
down €15,260 (-16.3%), from €93,889 to €78,628
of which Furniture and vehicles: -€21,067
- Reserves +€284,776
up €284,776 (+81.4%), from €349,998 to €634,774
- Debts after one year -€67,264
down €67,264 (-100.0%), from €67,264 to €0
- Current portion of long-term debt +€50,615
up €50,615 (+304.0%), from €16,649 to €67,264
- Other debts -€25,119
down €25,119 (-34.3%), from €73,213 to €48,094
- Trade debts -€23,001
down €23,001 (-97.2%), from €23,656 to €655
- Turnover -€492,500
no longer reported in 2025 (was €492,500)
- Purchases and services -€121,318
no longer reported in 2025 (was €121,318)
- Gross operating margin +€23,620
up €23,620 (+6.4%), from €371,182 to €394,802
- Depreciation +€11,120
up €11,120 (+106.3%), from €10,462 to €21,582
- Financial income +€7,300
up €7,300 (+638.0%), from €1,144 to €8,444
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 | €651,557 | €861,737 | +€210,180 | +32.3% |
| Fixed assets | 21/28 | €93,889 | €78,628 | -€15,260 | -16.3% |
| Tangible fixed assets | 22/27 | €93,889 | €78,628 | -€15,260 | -16.3% |
| Furniture and vehicles | 24 | €93,889 | €72,822 | -€21,067 | -22.4% |
| Other tangible fixed assets | 26 | - | €5,807 | +€5,807 | |
| Current assets | 29/58 | €557,669 | €783,109 | +€225,440 | +40.4% |
| Amounts receivable within one year | 40/41 | €151,731 | €379,078 | +€227,348 | +149.8% |
| Trade receivables | 40 | €122,600 | €54,607 | -€67,993 | -55.5% |
| Other amounts receivable | 41 | €29,131 | €324,471 | +€295,340 | +1013.8% |
| Current investments | 50/53 | €13,000 | €77,000 | +€64,000 | +492.3% |
| Cash at bank and in hand | 54/58 | €391,205 | €326,935 | -€64,270 | -16.4% |
| Deferred charges and accrued income | 490/1 | €1,733 | €96 | -€1,637 | -94.4% |
| Total equity and liabilities | 10/49 | €651,557 | €861,737 | +€210,180 | +32.3% |
| Equity | 10/15 | €352,998 | €637,774 | +€284,776 | +80.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €349,998 | €634,774 | +€284,776 | +81.4% |
| Distributable reserves | 133 | €349,998 | €634,774 | +€284,776 | +81.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €298,560 | €223,964 | -€74,596 | -25.0% |
| Amounts payable after more than one year | 17 | €67,264 | €0 | -€67,264 | -100.0% |
| Financial debts | 170/4 | €67,264 | €0 | -€67,264 | -100.0% |
| Amounts payable within one year | 42/48 | €231,296 | €223,964 | -€7,333 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €16,649 | €67,264 | +€50,615 | +304.0% |
| Financial debts | 43 | - | €1,648 | +€1,648 | |
| Credit institutions | 430/8 | - | €1,648 | +€1,648 | |
| Trade debts | 44 | €23,656 | €655 | -€23,001 | -97.2% |
| Suppliers | 440/4 | €23,656 | €655 | -€23,001 | -97.2% |
| Taxes, remuneration and social security | 45 | €117,777 | €106,302 | -€11,475 | -9.7% |
| Taxes | 450/3 | €113,777 | €106,302 | -€7,475 | -6.6% |
| Remuneration and social security | 454/9 | €4,000 | €0 | -€4,000 | -100.0% |
| Other amounts payable | 47/48 | €73,213 | €48,094 | -€25,119 | -34.3% |
| Turnover | 70 | €492,500 | - | -€492,500 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €121,318 | - | -€121,318 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,462 | €21,582 | +€11,120 | +106.3% |
| Other operating charges | 640/8 | €1,814 | €1,754 | -€59 | -3.3% |
| Gross operating margin | 9900 | €371,182 | €394,802 | +€23,620 | +6.4% |
| Operating profit (loss) | 9901 | €358,907 | €371,466 | +€12,560 | +3.5% |
| Financial income | 75/76B | €1,144 | €8,444 | +€7,300 | +638.0% |
| Recurring financial income | 75 | €1,144 | €8,444 | +€7,300 | +638.0% |
| Financial charges | 65/66B | €2,273 | €4,493 | +€2,220 | +97.7% |
| Recurring financial charges | 65 | €2,273 | €4,493 | +€2,220 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €357,778 | €375,417 | +€17,639 | +4.9% |
| Income taxes | 67/77 | €84,762 | €90,641 | +€5,879 | +6.9% |
| Profit (loss) for the period | 9904 | €273,016 | €284,776 | +€11,760 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €273,016 | €284,776 | +€11,760 | +4.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.