DANOSEA: 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.
DANOSEA
Largest movements
- Receivables within one year -€16,735
down €16,735 (-32.2%), from €52,004 to €35,269
of which Other amounts receivable: -€16,144
- Cash -€15,563
down €15,563 (-37.2%), from €41,795 to €26,232
mainly Net result for the year (-€67,588) and Investment in fixed assets (net) (-€239)
- Tangible fixed assets -€1,607
down €1,607 (-26.7%), from €6,013 to €4,405
of which Furniture and vehicles: -€1,368
- Profit (loss) carried forward -€67,588
down €67,588 (-137%), from -€49,464 to -€117,052
- Debts after one year +€22,750
up €22,750 (+235%), from €9,700 to €32,450
- Trade debts +€8,457
up €8,457 (+33.5%), from €25,272 to €33,729
- Tax, wage and social debts +€2,036
up €2,036 (+15.8%), from €12,885 to €14,921
of which Taxes: +€1,691
- Gross operating margin -€34,504
down €34,504, from €16,731 to -€17,773
- Staff costs +€9,512
up €9,512 (+27.1%), from €35,057 to €44,569
- Financial charges -€977
down €977 (-36.1%), from €2,709 to €1,731
- Other operating charges -€918
down €918 (-33.4%), from €2,750 to €1,832
- Financial income +€281
new in 2025: €281
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 | €104,051 | €69,714 | -€34,337 | -33.0% |
| Fixed assets | 21/28 | €6,013 | €4,405 | -€1,607 | -26.7% |
| Tangible fixed assets | 22/27 | €6,013 | €4,405 | -€1,607 | -26.7% |
| Plant, machinery and equipment | 23 | €694 | €455 | -€239 | -34.5% |
| Furniture and vehicles | 24 | €5,319 | €3,950 | -€1,368 | -25.7% |
| Current assets | 29/58 | €98,039 | €65,309 | -€32,730 | -33.4% |
| Stocks and contracts in progress | 3 | €3,121 | €3,073 | -€48 | -1.5% |
| Stocks | 30/36 | €3,121 | €3,073 | -€48 | -1.5% |
| Amounts receivable within one year | 40/41 | €52,004 | €35,269 | -€16,735 | -32.2% |
| Trade receivables | 40 | €1,395 | €804 | -€592 | -42.4% |
| Other amounts receivable | 41 | €50,609 | €34,465 | -€16,144 | -31.9% |
| Cash at bank and in hand | 54/58 | €41,795 | €26,232 | -€15,563 | -37.2% |
| Deferred charges and accrued income | 490/1 | €1,119 | €735 | -€384 | -34.3% |
| Total equity and liabilities | 10/49 | €104,051 | €69,714 | -€34,337 | -33.0% |
| Equity | 10/15 | €55,596 | -€11,992 | -€67,588 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €98,860 | €98,860 | = | 0.0% |
| 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 | €97,000 | €97,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,464 | -€117,052 | -€67,588 | -137% |
| Amounts payable | 17/49 | €48,456 | €81,706 | +€33,251 | +68.6% |
| Amounts payable after more than one year | 17 | €9,700 | €32,450 | +€22,750 | +235% |
| Financial debts | 170/4 | €9,700 | €32,450 | +€22,750 | +235% |
| Amounts payable within one year | 42/48 | €38,756 | €49,256 | +€10,501 | +27.1% |
| Trade debts | 44 | €25,272 | €33,729 | +€8,457 | +33.5% |
| Suppliers | 440/4 | €25,272 | €33,729 | +€8,457 | +33.5% |
| Taxes, remuneration and social security | 45 | €12,885 | €14,921 | +€2,036 | +15.8% |
| Taxes | 450/3 | €4,278 | €5,969 | +€1,691 | +39.5% |
| Remuneration and social security | 454/9 | €8,607 | €8,953 | +€345 | +4.0% |
| Other amounts payable | 47/48 | €599 | €606 | +€8 | +1.3% |
| Remuneration, social security and pensions | 62 | €35,057 | €44,569 | +€9,512 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,056 | €1,847 | -€209 | -10.2% |
| Other operating charges | 640/8 | €2,750 | €1,832 | -€918 | -33.4% |
| Gross operating margin | 9900 | €16,731 | -€17,773 | -€34,504 | |
| Operating profit (loss) | 9901 | -€23,132 | -€66,021 | -€42,889 | -185% |
| Financial income | 75/76B | - | €281 | +€281 | |
| Recurring financial income | 75 | - | €281 | +€281 | |
| Financial charges | 65/66B | €2,709 | €1,731 | -€977 | -36.1% |
| Recurring financial charges | 65 | €2,709 | €1,731 | -€977 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,841 | -€67,471 | -€41,630 | -161% |
| Income taxes | 67/77 | €114 | €117 | +€2 | +2.1% |
| Profit (loss) for the period | 9904 | -€25,955 | -€67,588 | -€41,633 | -160% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,955 | -€67,588 | -€41,633 | -160% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.