DANRO: 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.
DANRO
Largest movements
- Receivables within one year -€424,343
down €424,343 (-7.3%), from €5.8m to €5.4m
- Current portion of long-term debt -€5.7m
down €5.7m (-64.7%), from €8.8m to €3.1m
- Other debts +€3.9m
up €3.9m (+386%), from €1.0m to €4.9m
- Reserves +€792,599
up €792,599, from €0 to €792,599
of which Distributable reserves: +€792,599
- Profit (loss) carried forward +€648,231
up €648,231, from -€648,231 to €0
- Financial charges -€759,338
down €759,338, from €41,274 to -€718,064
- Financial income +€572,741
up €572,741 (+328%), from €174,731 to €747,472
of which Non-recurring financial income: +€571,442
- Gross operating margin +€35,939
up €35,939 (+60.4%), from -€59,510 to -€23,571
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 | €9,713,212 | €9,296,525 | -€416,687 | -4.3% |
| Fixed assets | 21/28 | €3,866,185 | €3,866,183 | -€2 | 0.0% |
| Financial fixed assets | 28 | €3,866,185 | €3,866,183 | -€2 | 0.0% |
| Current assets | 29/58 | €5,847,027 | €5,430,342 | -€416,685 | -7.1% |
| Amounts receivable within one year | 40/41 | €5,819,596 | €5,395,253 | -€424,343 | -7.3% |
| Other amounts receivable | 41 | €5,819,596 | €5,395,253 | -€424,343 | -7.3% |
| Cash at bank and in hand | 54/58 | €4,047 | €3,923 | -€124 | -3.1% |
| Deferred charges and accrued income | 490/1 | €23,384 | €31,166 | +€7,783 | +33.3% |
| Total equity and liabilities | 10/49 | €9,713,212 | €9,296,525 | -€416,687 | -4.3% |
| Equity | 10/15 | -€586,257 | €854,572 | +€1.4m | |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €0 | €792,599 | +€792,599 | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | - | €792,599 | +€792,599 | |
| Profit (loss) carried forward | 14 | -€648,231 | €0 | +€648,231 | |
| Amounts payable | 17/49 | €10,299,469 | €8,441,953 | -€1.9m | -18.0% |
| Amounts payable after more than one year | 17 | €210,216 | €165,216 | -€45,000 | -21.4% |
| Financial debts | 170/4 | €210,216 | €165,216 | -€45,000 | -21.4% |
| Amounts payable within one year | 42/48 | €9,795,954 | €7,983,438 | -€1.8m | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €8,786,954 | €3,101,604 | -€5.7m | -64.7% |
| Trade debts | 44 | €3,878 | €627 | -€3,252 | -83.8% |
| Suppliers | 440/4 | €3,878 | €627 | -€3,252 | -83.8% |
| Other amounts payable | 47/48 | €1,005,122 | €4,881,207 | +€3.9m | +386% |
| Accrued charges and deferred income | 492/3 | €293,299 | €293,299 | = | 0.0% |
| Non-recurring operating income | 76A | - | €600 | +€600 | |
| Other operating charges | 640/8 | €1,306 | €1,135 | -€171 | -13.1% |
| Gross operating margin | 9900 | -€59,510 | -€23,571 | +€35,939 | +60.4% |
| Operating profit (loss) | 9901 | -€60,816 | -€24,706 | +€36,110 | +59.4% |
| Financial income | 75/76B | €174,731 | €747,472 | +€572,741 | +328% |
| Recurring financial income | 75 | €174,731 | €176,030 | +€1,299 | +0.7% |
| Non-recurring financial income | 76B | - | €571,442 | +€571,442 | |
| Financial charges | 65/66B | €41,274 | -€718,064 | -€759,338 | |
| Recurring financial charges | 65 | €41,274 | -€718,064 | -€759,338 | |
| Profit (loss) for the period before taxes | 9903 | €72,641 | €1,440,830 | +€1.4m | +1,884% |
| Profit (loss) for the period | 9904 | €72,641 | €1,440,830 | +€1.4m | +1,884% |
| Profit (loss) for the period to be appropriated | 9905 | €72,641 | €1,440,830 | +€1.4m | +1,884% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.