DANOM: 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.
DANOM
Largest movements
- Cash -€76,260
down €76,260 (-67.7%), from €112,649 to €36,389
mainly Investment in fixed assets (net) (-€163,710) and Net result for the year (-€108,039)
- Tangible fixed assets -€61,990
down €61,990 (-1.6%), from €3.8m to €3.7m
- Reserves -€108,039
down €108,039 (-4.6%), from €2.4m to €2.3m
of which Tax-exempt reserves: -€118,199
- Debts after one year +€50,000
up €50,000 (+6.9%), from €725,000 to €775,000
of which Financial debts: +€25,000
- Depreciation +€9,520
up €9,520 (+4.4%), from €216,180 to €225,700
- Other operating charges +€1,946
up €1,946 (+6.3%), from €30,828 to €32,775
- Financial charges +€1,489
up €1,489 (+11.1%), from €13,408 to €14,896
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 | €3,914,900 | €3,784,848 | -€130,052 | -3.3% |
| Fixed assets | 21/28 | €3,798,372 | €3,736,382 | -€61,990 | -1.6% |
| Tangible fixed assets | 22/27 | €3,798,372 | €3,736,382 | -€61,990 | -1.6% |
| Land and buildings | 22 | €3,798,372 | €3,736,382 | -€61,990 | -1.6% |
| Current assets | 29/58 | €116,528 | €48,466 | -€68,062 | -58.4% |
| Amounts receivable within one year | 40/41 | €2,873 | €12,077 | +€9,203 | +320% |
| Trade receivables | 40 | - | €1,967 | +€1,967 | |
| Other amounts receivable | 41 | €2,873 | €10,110 | +€7,237 | +252% |
| Cash at bank and in hand | 54/58 | €112,649 | €36,389 | -€76,260 | -67.7% |
| Deferred charges and accrued income | 490/1 | €1,006 | €0 | -€1,006 | -100% |
| Total equity and liabilities | 10/49 | €3,914,900 | €3,784,848 | -€130,052 | -3.3% |
| Equity | 10/15 | €2,532,335 | €2,424,296 | -€108,039 | -4.3% |
| Contributions | 10/11 | €157,874 | €157,874 | = | 0.0% |
| Capital | 10 | €157,874 | €157,874 | = | 0.0% |
| Issued capital | 100 | €157,874 | €157,874 | = | 0.0% |
| Reserves | 13 | €2,374,461 | €2,266,421 | -€108,039 | -4.6% |
| Non-distributable reserves | 130/1 | €18,785 | €18,785 | = | 0.0% |
| Legal reserve | 130 | €18,785 | €18,785 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,652,497 | €1,534,298 | -€118,199 | -7.2% |
| Distributable reserves | 133 | €703,178 | €713,337 | +€10,159 | +1.4% |
| Provisions and deferred taxes | 16 | €473,795 | €443,275 | -€30,521 | -6.4% |
| Deferred taxes | 168 | €473,795 | €443,275 | -€30,521 | -6.4% |
| Amounts payable | 17/49 | €908,769 | €917,277 | +€8,508 | +0.9% |
| Amounts payable after more than one year | 17 | €725,000 | €775,000 | +€50,000 | +6.9% |
| Financial debts | 170/4 | - | €25,000 | +€25,000 | |
| Other amounts payable | 178/9 | €725,000 | €750,000 | +€25,000 | +3.4% |
| Amounts payable within one year | 42/48 | €142,248 | €124,812 | -€17,436 | -12.3% |
| Trade debts | 44 | €17,436 | €1,500 | -€15,936 | -91.4% |
| Suppliers | 440/4 | €17,436 | €1,500 | -€15,936 | -91.4% |
| Other amounts payable | 47/48 | €124,813 | €123,313 | -€1,500 | -1.2% |
| Accrued charges and deferred income | 492/3 | €41,521 | €17,465 | -€24,056 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,180 | €225,700 | +€9,520 | +4.4% |
| Other operating charges | 640/8 | €30,828 | €32,775 | +€1,946 | +6.3% |
| Gross operating margin | 9900 | €133,717 | €134,811 | +€1,094 | +0.8% |
| Operating profit (loss) | 9901 | -€113,291 | -€123,664 | -€10,372 | -9.2% |
| Financial charges | 65/66B | €13,408 | €14,896 | +€1,489 | +11.1% |
| Recurring financial charges | 65 | €13,408 | €14,896 | +€1,489 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€126,699 | -€138,560 | -€11,861 | -9.4% |
| Transfer from deferred taxes | 780 | €30,521 | €30,521 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€96,178 | -€108,039 | -€11,861 | -12.3% |
| Transfer from tax-exempt reserves | 789 | €118,199 | €118,199 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,020 | €10,159 | -€11,861 | -53.9% |
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.