DANNY SERGEANT: 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 SERGEANT
Largest movements
- Receivables within one year +€37,037
up €37,037 (+1.7%), from €2.2m to €2.2m
of which Other amounts receivable: +€36,974
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€6,290
up €6,290 (+89.0%), from €7,066 to €13,356
- Taxes +€1,593
up €1,593 (+43.2%), from €3,689 to €5,282
- Financial income +€692
up €692 (+1.9%), from €37,094 to €37,786
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 | €3,290,329 | €3,300,661 | +€10,332 | +0.3% |
| Fixed assets | 21/28 | €955,828 | €923,926 | -€31,902 | -3.3% |
| Tangible fixed assets | 22/27 | €955,828 | €923,926 | -€31,902 | -3.3% |
| Land and buildings | 22 | €955,828 | €923,926 | -€31,902 | -3.3% |
| Current assets | 29/58 | €2,334,501 | €2,376,735 | +€42,234 | +1.8% |
| Amounts receivable within one year | 40/41 | €2,204,342 | €2,241,379 | +€37,037 | +1.7% |
| Trade receivables | 40 | - | €63 | +€63 | |
| Other amounts receivable | 41 | €2,204,342 | €2,241,316 | +€36,974 | +1.7% |
| Cash at bank and in hand | 54/58 | €130,159 | €135,356 | +€5,197 | +4.0% |
| Total equity and liabilities | 10/49 | €3,290,329 | €3,300,661 | +€10,332 | +0.3% |
| Equity | 10/15 | €2,944,621 | €2,958,522 | +€13,901 | +0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,924,170 | €2,938,071 | +€13,901 | +0.5% |
| Provisions and deferred taxes | 16 | €342,139 | €342,139 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €342,139 | €342,139 | = | 0.0% |
| Pensions and similar obligations | 160 | €342,139 | €342,139 | = | 0.0% |
| Amounts payable | 17/49 | €3,569 | - | -€3,569 | |
| Amounts payable within one year | 42/48 | €3,569 | - | -€3,569 | |
| Other amounts payable | 47/48 | €3,569 | - | -€3,569 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,902 | €31,902 | = | 0.0% |
| Gross operating margin | 9900 | €7,066 | €13,356 | +€6,290 | +89.0% |
| Operating profit (loss) | 9901 | -€24,836 | -€18,546 | +€6,290 | +25.3% |
| Financial income | 75/76B | €37,094 | €37,786 | +€692 | +1.9% |
| Recurring financial income | 75 | €37,094 | €37,786 | +€692 | +1.9% |
| Financial charges | 65/66B | €74 | €57 | -€17 | -23.0% |
| Recurring financial charges | 65 | €74 | €57 | -€17 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €12,184 | €19,183 | +€6,999 | +57.4% |
| Income taxes | 67/77 | €3,689 | €5,282 | +€1,593 | +43.2% |
| Profit (loss) for the period | 9904 | €8,495 | €13,901 | +€5,406 | +63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,495 | €13,901 | +€5,406 | +63.6% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.