DANPHI: what changed
Two fiscal 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.
DANPHI
Largest movements
- Receivables within one year -€10,760
down €10,760 (-21.9%), from €49,222 to €38,462
of which Other amounts receivable: -€10,760
- Cash +€9,514
up €9,514 (+44.8%), from €21,217 to €30,731
mainly Net result for the year (+€43,439) and Other debts (+€43,439)
- Tangible fixed assets +€1,639
up €1,639 (+17.4%), from €9,397 to €11,036
of which Other tangible fixed assets: +€2,749
- Deferred charges and accrued income -€831
down €831 (-49.8%), from €1,670 to €838
- Reserves -€49,354
no longer reported in 2025 (was €49,354)
- Other debts +€43,439
new in 2025: €43,439
- Current portion of long-term debt +€5,046
new in 2025: €5,046
- Gross operating margin -€8,651
down €8,651 (-12.0%), from €71,807 to €63,157
- Taxes -€2,533
down €2,533 (-17.0%), from €14,903 to €12,370
- Depreciation +€1,858
up €1,858 (+140.2%), from €1,325 to €3,183
- Other operating charges -€1,360
down €1,360 (-48.3%), from €2,817 to €1,456
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.
Cash bridge derived
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 | €81,505 | €81,067 | -€439 | -0.5% |
| Fixed assets | 21/28 | €9,397 | €11,036 | +€1,639 | +17.4% |
| Tangible fixed assets | 22/27 | €9,397 | €11,036 | +€1,639 | +17.4% |
| Plant, machinery and equipment | 23 | €2,411 | €2,852 | +€442 | +18.3% |
| Furniture and vehicles | 24 | €6,986 | €5,434 | -€1,552 | -22.2% |
| Other tangible fixed assets | 26 | - | €2,749 | +€2,749 | |
| Current assets | 29/58 | €72,109 | €70,031 | -€2,077 | -2.9% |
| Amounts receivable within one year | 40/41 | €49,222 | €38,462 | -€10,760 | -21.9% |
| Trade receivables | 40 | €17,545 | €17,545 | = | 0.0% |
| Other amounts receivable | 41 | €31,677 | €20,917 | -€10,760 | -34.0% |
| Cash at bank and in hand | 54/58 | €21,217 | €30,731 | +€9,514 | +44.8% |
| Deferred charges and accrued income | 490/1 | €1,670 | €838 | -€831 | -49.8% |
| Total equity and liabilities | 10/49 | €81,505 | €81,067 | -€439 | -0.5% |
| Equity | 10/15 | €67,954 | €18,600 | -€49,354 | -72.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,354 | - | -€49,354 | |
| Distributable reserves | 133 | €49,354 | - | -€49,354 | |
| Amounts payable | 17/49 | €13,551 | €62,467 | +€48,916 | +361.0% |
| Amounts payable within one year | 42/48 | €13,551 | €62,467 | +€48,916 | +361.0% |
| Current portion of amounts payable after more than one year | 42 | - | €5,046 | +€5,046 | |
| Trade debts | 44 | €1,181 | €1,922 | +€740 | +62.7% |
| Suppliers | 440/4 | €1,181 | €1,922 | +€740 | +62.7% |
| Taxes, remuneration and social security | 45 | €12,370 | €12,060 | -€310 | -2.5% |
| Taxes | 450/3 | €12,370 | €12,060 | -€310 | -2.5% |
| Other amounts payable | 47/48 | - | €43,439 | +€43,439 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,325 | €3,183 | +€1,858 | +140.2% |
| Other operating charges | 640/8 | €2,817 | €1,456 | -€1,360 | -48.3% |
| Gross operating margin | 9900 | €71,807 | €63,157 | -€8,651 | -12.0% |
| Operating profit (loss) | 9901 | €67,665 | €58,517 | -€9,148 | -13.5% |
| Financial income | 75/76B | €1,325 | €1,422 | +€97 | +7.3% |
| Recurring financial income | 75 | €1,325 | €1,422 | +€97 | +7.3% |
| Financial charges | 65/66B | €4,734 | €4,130 | -€603 | -12.7% |
| Recurring financial charges | 65 | €4,734 | €4,130 | -€603 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €64,257 | €55,809 | -€8,448 | -13.1% |
| Income taxes | 67/77 | €14,903 | €12,370 | -€2,533 | -17.0% |
| Profit (loss) for the period | 9904 | €49,354 | €43,439 | -€5,915 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,354 | €43,439 | -€5,915 | -12.0% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.