DANNY EXPRESS: 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.
DANNY EXPRESS
Largest movements
- Cash +€88,121
up €88,121 (+320%), from €27,528 to €115,649
mainly Depreciation (+€73,561) and Receivables within one year (+€65,247)
- Receivables within one year -€65,247
down €65,247 (-39.2%), from €166,311 to €101,065
of which Trade receivables: -€74,820
- Tangible fixed assets -€43,894
down €43,894 (-19.1%), from €230,188 to €186,293
of which Leasing and similar rights: -€28,442
- Other debts -€30,201
down €30,201 (-68.7%), from €43,964 to €13,763
- Reserves +€26,082
up €26,082 (+9.4%), from €276,601 to €302,682
of which Distributable reserves: +€26,082
- Debts after one year -€19,295
down €19,295 (-35.4%), from €54,489 to €35,195
- Tax, wage and social debts +€8,659
new in 2025: €8,659
- Current portion of long-term debt -€4,859
down €4,859 (-15.6%), from €31,149 to €26,290
- Gross operating margin +€33,771
up €33,771 (+21.7%), from €155,838 to €189,609
- Taxes +€14,081
up €14,081 (+88.1%), from €15,975 to €30,056
- Other operating charges -€8,806
down €8,806 (-57.2%), from €15,387 to €6,581
- Staff costs -€6,075
down €6,075 (-95.3%), from €6,372 to €296
- Financial charges -€4,877
down €4,877 (-49.8%), from €9,794 to €4,917
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 | €431,492 | €411,292 | -€20,199 | -4.7% |
| Fixed assets | 21/28 | €237,653 | €192,258 | -€45,394 | -19.1% |
| Tangible fixed assets | 22/27 | €230,188 | €186,293 | -€43,894 | -19.1% |
| Plant, machinery and equipment | 23 | €62,996 | €69,681 | +€6,684 | +10.6% |
| Furniture and vehicles | 24 | €69,527 | €47,389 | -€22,137 | -31.8% |
| Leasing and similar rights | 25 | €97,665 | €69,223 | -€28,442 | -29.1% |
| Financial fixed assets | 28 | €7,465 | €5,965 | -€1,500 | -20.1% |
| Current assets | 29/58 | €193,839 | €219,034 | +€25,195 | +13.0% |
| Amounts receivable within one year | 40/41 | €166,311 | €101,065 | -€65,247 | -39.2% |
| Trade receivables | 40 | €156,814 | €81,993 | -€74,820 | -47.7% |
| Other amounts receivable | 41 | €9,498 | €19,072 | +€9,574 | +101% |
| Cash at bank and in hand | 54/58 | €27,528 | €115,649 | +€88,121 | +320% |
| Deferred charges and accrued income | 490/1 | - | €2,321 | +€2,321 | |
| Total equity and liabilities | 10/49 | €431,492 | €411,292 | -€20,199 | -4.7% |
| Equity | 10/15 | €295,201 | €321,282 | +€26,082 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €276,601 | €302,682 | +€26,082 | +9.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €274,741 | €300,822 | +€26,082 | +9.5% |
| Amounts payable | 17/49 | €136,291 | €90,010 | -€46,281 | -34.0% |
| Amounts payable after more than one year | 17 | €54,489 | €35,195 | -€19,295 | -35.4% |
| Financial debts | 170/4 | €54,489 | €35,195 | -€19,295 | -35.4% |
| Amounts payable within one year | 42/48 | €81,802 | €54,816 | -€26,986 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €31,149 | €26,290 | -€4,859 | -15.6% |
| Trade debts | 44 | €6,689 | €6,104 | -€585 | -8.7% |
| Suppliers | 440/4 | €6,689 | €6,104 | -€585 | -8.7% |
| Taxes, remuneration and social security | 45 | - | €8,659 | +€8,659 | |
| Taxes | 450/3 | - | €8,659 | +€8,659 | |
| Other amounts payable | 47/48 | €43,964 | €13,763 | -€30,201 | -68.7% |
| Non-recurring operating income | 76A | - | €474 | +€474 | |
| Remuneration, social security and pensions | 62 | €6,372 | €296 | -€6,075 | -95.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,820 | €73,561 | +€1,741 | +2.4% |
| Other operating charges | 640/8 | €15,387 | €6,581 | -€8,806 | -57.2% |
| Non-recurring operating charges | 66A | €3,059 | €11,569 | +€8,509 | +278% |
| Gross operating margin | 9900 | €155,838 | €189,609 | +€33,771 | +21.7% |
| Operating profit (loss) | 9901 | €59,200 | €97,602 | +€38,402 | +64.9% |
| Financial income | 75/76B | €2,204 | - | -€2,204 | |
| Recurring financial income | 75 | €2,204 | - | -€2,204 | |
| Non-recurring financial income | 76B | €2,204 | - | -€2,204 | |
| Financial charges | 65/66B | €9,794 | €4,917 | -€4,877 | -49.8% |
| Recurring financial charges | 65 | €9,794 | €4,917 | -€4,877 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €51,610 | €92,685 | +€41,075 | +79.6% |
| Income taxes | 67/77 | €15,975 | €30,056 | +€14,081 | +88.1% |
| Profit (loss) for the period | 9904 | €35,634 | €62,628 | +€26,994 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,634 | €62,628 | +€26,994 | +75.8% |
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 13 October 2026 via checked.be.