DANNY OP DE BEECK: 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 OP DE BEECK
Largest movements
- Stocks and contracts -€50,069
down €50,069 (-21.4%), from €233,968 to €183,899
- Receivables within one year +€32,450
up €32,450 (+22.3%), from €145,412 to €177,862
of which Trade receivables: +€32,450
- Cash +€21,383
up €21,383 (+12.4%), from €172,585 to €193,968
mainly Stocks and contracts (+€50,069) and Depreciation (+€23,431)
- Tangible fixed assets +€20,790
up €20,790 (+102%), from €20,479 to €41,269
of which Furniture and vehicles: +€11,472
- Reserves +€14,273
up €14,273 (+1.6%), from €904,553 to €918,825
of which Distributable reserves: +€14,273
- Depreciation +€10,487
up €10,487 (+81.0%), from €12,944 to €23,431
- Write-downs -€8,000
down €8,000 (-400%), from -€2,000 to -€10,000
- Gross operating margin +€5,653
up €5,653 (+21.8%), from €25,918 to €31,572
- Staff costs -€4,869
down €4,869, from €252 to -€4,617
- Taxes +€3,032
up €3,032 (+73.2%), from €4,140 to €7,172
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 | €940,738 | €963,555 | +€22,817 | +2.4% |
| Fixed assets | 21/28 | €20,979 | €41,769 | +€20,790 | +99.1% |
| Tangible fixed assets | 22/27 | €20,479 | €41,269 | +€20,790 | +102% |
| Land and buildings | 22 | - | €7,162 | +€7,162 | |
| Plant, machinery and equipment | 23 | - | €2,156 | +€2,156 | |
| Furniture and vehicles | 24 | €20,479 | €31,951 | +€11,472 | +56.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €919,759 | €921,786 | +€2,027 | +0.2% |
| Stocks and contracts in progress | 3 | €233,968 | €183,899 | -€50,069 | -21.4% |
| Stocks | 30/36 | €233,968 | €183,899 | -€50,069 | -21.4% |
| Amounts receivable within one year | 40/41 | €145,412 | €177,862 | +€32,450 | +22.3% |
| Trade receivables | 40 | €5,347 | €37,797 | +€32,450 | +607% |
| Other amounts receivable | 41 | €140,065 | €140,065 | = | 0.0% |
| Current investments | 50/53 | €364,879 | €366,057 | +€1,179 | +0.3% |
| Cash at bank and in hand | 54/58 | €172,585 | €193,968 | +€21,383 | +12.4% |
| Deferred charges and accrued income | 490/1 | €2,915 | - | -€2,915 | |
| Total equity and liabilities | 10/49 | €940,738 | €963,555 | +€22,817 | +2.4% |
| Equity | 10/15 | €923,145 | €937,417 | +€14,273 | +1.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €904,553 | €918,825 | +€14,273 | +1.6% |
| Non-distributable reserves | 130/1 | €69,359 | €69,359 | = | 0.0% |
| Reserves not available under the articles | 1311 | €69,359 | €69,359 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €822,693 | €836,966 | +€14,273 | +1.7% |
| Amounts payable | 17/49 | €17,593 | €26,138 | +€8,544 | +48.6% |
| Amounts payable within one year | 42/48 | €17,593 | €26,138 | +€8,544 | +48.6% |
| Trade debts | 44 | €5,610 | €5,774 | +€163 | +2.9% |
| Suppliers | 440/4 | €5,610 | €5,774 | +€163 | +2.9% |
| Taxes, remuneration and social security | 45 | €8,078 | €16,458 | +€8,381 | +104% |
| Taxes | 450/3 | €8,078 | €16,458 | +€8,381 | +104% |
| Other amounts payable | 47/48 | €3,906 | €3,906 | = | 0.0% |
| Non-recurring operating income | 76A | €20,000 | - | -€20,000 | |
| Remuneration, social security and pensions | 62 | €252 | -€4,617 | -€4,869 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,944 | €23,431 | +€10,487 | +81.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,000 | -€10,000 | -€8,000 | -400% |
| Other operating charges | 640/8 | €4,871 | €4,436 | -€435 | -8.9% |
| Gross operating margin | 9900 | €25,918 | €31,572 | +€5,653 | +21.8% |
| Operating profit (loss) | 9901 | €9,851 | €18,322 | +€8,470 | +86.0% |
| Financial income | 75/76B | €2,544 | €3,337 | +€793 | +31.2% |
| Recurring financial income | 75 | €2,544 | €3,337 | +€793 | +31.2% |
| Financial charges | 65/66B | €170 | €214 | +€44 | +26.2% |
| Recurring financial charges | 65 | €170 | €214 | +€44 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €12,225 | €21,444 | +€9,219 | +75.4% |
| Income taxes | 67/77 | €4,140 | €7,172 | +€3,032 | +73.2% |
| Profit (loss) for the period | 9904 | €8,085 | €14,273 | +€6,187 | +76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,085 | €14,273 | +€6,187 | +76.5% |
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 28 October 2026 via checked.be.