DANNY MOORS: what changed
What changed
DANNY MOORS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€7,790
2024 · €6,331+€1,459
Equity
€366,411
2024 · €358,621+€7,790
Cash
€125,201
2024 · €233,185-€107,984
Balance sheet total
€2.1m
2024 · €2.1m-€10,277
Largest movements
Assets
- Receivables within one year +€188,135
up €188,135 (+24.2%), from €776,831 to €964,966
of which Trade receivables: +€124,183
- Cash -€107,984
down €107,984 (-46.3%), from €233,185 to €125,201
mainly Receivables within one year (-€188,135) and Investment in fixed assets (net) (-€63,452)
- Stocks and contracts -€64,513
down €64,513 (-11.8%), from €546,349 to €481,836
of which Contracts in progress: -€57,796
- Tangible fixed assets -€51,450
down €51,450 (-9.1%), from €564,988 to €513,537
of which Land and buildings: -€42,613
- Intangible fixed assets +€38,603
new in 2025: €38,603
Equity and liabilities
- Debts after one year -€44,174
down €44,174 (-9.7%), from €454,795 to €410,621
- Trade debts +€21,617
up €21,617 (+3.6%), from €593,573 to €615,190
Income statement
- Gross operating margin -€45,167
down €45,167 (-3.7%), from €1.2m to €1.2m
- Financial charges -€44,088
down €44,088 (-41.4%), from €106,498 to €62,411
- Staff costs -€34,198
down €34,198 (-3.3%), from €1.1m to €1.0m
- Financial income -€19,157
down €19,157 (-84.7%), from €22,618 to €3,461
of which Non-recurring financial income: -€16,767
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€6,331
Gross operating margin
-€45,167
Staff costs
+€34,198
Depreciation
+€1,329
Other operating charges
+€468
Other operating items
-€11,691
Financial income
-€19,157
Financial charges
+€44,088
Taxes
-€2,610
Result 2025
€7,790
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€8,947
Investment
-€63,452
Financing
-€35,585
Cash 2024
€233,185
From operations (derived)
-€8,947
Net result for the year
+€7,790
Depreciation
+€76,300
Stocks and contracts
+€64,513
Receivables within one year
-€188,135
Deferred charges and accrued income
+€13,068
Trade debts
+€21,617
Tax, wage and social debts
-€4,634
Smaller working-capital items
+€534
Investment (derived)
-€63,452
Investment in fixed assets (net)
-€63,452
Financing
-€35,585
Debts after one year
-€44,174
Current portion of long-term debt
+€8,589
Cash 2025
€125,201
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,134,424 | €2,124,147 | -€10,277 | -0.5% |
| Fixed assets | 21/28 | €564,988 | €552,140 | -€12,848 | -2.3% |
| Intangible fixed assets | 21 | - | €38,603 | +€38,603 | |
| Tangible fixed assets | 22/27 | €564,988 | €513,537 | -€51,450 | -9.1% |
| Land and buildings | 22 | €518,477 | €475,864 | -€42,613 | -8.2% |
| Plant, machinery and equipment | 23 | €4,000 | €2,774 | -€1,226 | -30.6% |
| Furniture and vehicles | 24 | €34,654 | €34,900 | +€246 | +0.7% |
| Leasing and similar rights | 25 | €7,857 | - | -€7,857 | |
| Current assets | 29/58 | €1,569,436 | €1,572,007 | +€2,570 | +0.2% |
| Stocks and contracts in progress | 3 | €546,349 | €481,836 | -€64,513 | -11.8% |
| Stocks | 30/36 | €186,256 | €179,538 | -€6,718 | -3.6% |
| Contracts in progress | 37 | €360,094 | €302,298 | -€57,796 | -16.1% |
| Amounts receivable within one year | 40/41 | €776,831 | €964,966 | +€188,135 | +24.2% |
| Trade receivables | 40 | €771,187 | €895,370 | +€124,183 | +16.1% |
| Other amounts receivable | 41 | €5,644 | €69,596 | +€63,952 | +1,133% |
| Current investments | 50/53 | €4 | €4 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €233,185 | €125,201 | -€107,984 | -46.3% |
| Deferred charges and accrued income | 490/1 | €13,068 | - | -€13,068 | |
| Total equity and liabilities | 10/49 | €2,134,424 | €2,124,147 | -€10,277 | -0.5% |
| Equity | 10/15 | €358,621 | €366,411 | +€7,790 | +2.2% |
| Contributions | 10/11 | €129,292 | €129,292 | = | 0.0% |
| Reserves | 13 | €118,667 | €126,457 | +€7,790 | +6.6% |
| Non-distributable reserves | 130/1 | €12,929 | €12,929 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,929 | €12,929 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,487 | €2,487 | = | 0.0% |
| Distributable reserves | 133 | €103,250 | €111,041 | +€7,790 | +7.5% |
| Profit (loss) carried forward | 14 | €110,662 | €110,662 | = | 0.0% |
| Amounts payable | 17/49 | €1,775,804 | €1,757,736 | -€18,068 | -1.0% |
| Amounts payable after more than one year | 17 | €454,795 | €410,621 | -€44,174 | -9.7% |
| Financial debts | 170/4 | €454,795 | €410,621 | -€44,174 | -9.7% |
| Amounts payable within one year | 42/48 | €1,321,009 | €1,346,993 | +€25,984 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €627,224 | €635,812 | +€8,589 | +1.4% |
| Trade debts | 44 | €593,573 | €615,190 | +€21,617 | +3.6% |
| Suppliers | 440/4 | €593,573 | €615,190 | +€21,617 | +3.6% |
| Taxes, remuneration and social security | 45 | €59,415 | €54,781 | -€4,634 | -7.8% |
| Taxes | 450/3 | €5,500 | - | -€5,500 | |
| Remuneration and social security | 454/9 | €53,915 | €54,781 | +€866 | +1.6% |
| Other amounts payable | 47/48 | €40,797 | €41,209 | +€412 | +1.0% |
| Accrued charges and deferred income | 492/3 | - | €122 | +€122 | |
| Non-recurring operating income | 76A | €1,197 | - | -€1,197 | |
| Remuneration, social security and pensions | 62 | €1,051,754 | €1,017,556 | -€34,198 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,629 | €76,300 | -€1,329 | -1.7% |
| Other operating charges | 640/8 | €11,679 | €11,210 | -€468 | -4.0% |
| Non-recurring operating charges | 66A | - | €11,691 | +€11,691 | |
| Gross operating margin | 9900 | €1,235,912 | €1,190,745 | -€45,167 | -3.7% |
| Operating profit (loss) | 9901 | €94,850 | €73,989 | -€20,861 | -22.0% |
| Financial income | 75/76B | €22,618 | €3,461 | -€19,157 | -84.7% |
| Recurring financial income | 75 | €5,850 | €3,461 | -€2,390 | -40.8% |
| Non-recurring financial income | 76B | €16,767 | - | -€16,767 | |
| Financial charges | 65/66B | €106,498 | €62,411 | -€44,088 | -41.4% |
| Recurring financial charges | 65 | €106,498 | €62,411 | -€44,088 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €10,970 | €15,039 | +€4,069 | +37.1% |
| Income taxes | 67/77 | €4,639 | €7,249 | +€2,610 | +56.3% |
| Profit (loss) for the period | 9904 | €6,331 | €7,790 | +€1,459 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,331 | €7,790 | +€1,459 | +23.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.