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DANROB: 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.

What changed

DANROB

BE 0885.823.202
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€9,762
2024 · -€22,593+€12,832
Equity
€81,157
2024 · €90,919-€9,762
Cash
€28,241
2024 · €10,627+€17,614
Balance sheet total
€1.6m
2024 · €1.6m-€41,596

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€58,865

    down €58,865 (-3.7%), from €1.6m to €1.5m

    of which Land and buildings: -€56,279

  • Cash +€17,614

    up €17,614 (+165.7%), from €10,627 to €28,241

    mainly Depreciation (+€63,013) and Deferred charges and accrued income (+€345)

Equity and liabilities
  • Current portion of long-term debt -€17,751

    down €17,751 (-73.0%), from €24,329 to €6,579

Income statement
  • Other operating charges -€8,453

    down €8,453 (-43.4%), from €19,464 to €11,011

  • Gross operating margin +€5,163

    up €5,163 (+8.5%), from €60,420 to €65,583

  • Depreciation +€1,411

    up €1,411 (+2.3%), from €61,602 to €63,013

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€22,593
Gross operating margin +€5,163
Depreciation -€1,411
Other operating charges +€8,453
Financial charges +€626
Result 2025 -€9,762

Cash bridge derived

cash 2024 to 2025

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.

From operations +€46,091
Investment -€4,148
Financing -€24,329
Cash 2024 €10,627
Net result for the year -€9,762
Depreciation +€63,013
Deferred charges and accrued income +€345
Trade debts -€5,905
Accrued charges and deferred income -€1,600
Investment in fixed assets (net) -€4,148
Debts after one year -€6,579
Current portion of long-term debt -€17,751
Cash 2025 €28,241
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,601,956 €1,560,360 -€41,596 -2.6%
Fixed assets 21/28 €1,571,715 €1,512,850 -€58,865 -3.7%
Tangible fixed assets 22/27 €1,571,715 €1,512,850 -€58,865 -3.7%
Land and buildings 22 €1,550,029 €1,493,749 -€56,279 -3.6%
Plant, machinery and equipment 23 €21,686 €19,101 -€2,585 -11.9%
Current assets 29/58 €30,241 €47,510 +€17,268 +57.1%
Amounts receivable within one year 40/41 €13,000 €13,000 = 0.0%
Trade receivables 40 €0 - =
Other amounts receivable 41 €13,000 €13,000 = 0.0%
Cash at bank and in hand 54/58 €10,627 €28,241 +€17,614 +165.7%
Deferred charges and accrued income 490/1 €6,614 €6,269 -€345 -5.2%
Total equity and liabilities 10/49 €1,601,956 €1,560,360 -€41,596 -2.6%
Equity 10/15 €90,919 €81,157 -€9,762 -10.7%
Contributions 10/11 €578,500 €578,500 = 0.0%
Profit (loss) carried forward 14 -€487,581 -€497,343 -€9,762 -2.0%
Amounts payable 17/49 €1,511,038 €1,479,203 -€31,835 -2.1%
Amounts payable after more than one year 17 €18,546 €11,967 -€6,579 -35.5%
Financial debts 170/4 €17,007 €10,428 -€6,579 -38.7%
Other amounts payable 178/9 €1,539 €1,539 = 0.0%
Amounts payable within one year 42/48 €1,490,891 €1,467,235 -€23,656 -1.6%
Current portion of amounts payable after more than one year 42 €24,329 €6,579 -€17,751 -73.0%
Trade debts 44 €9,476 €3,571 -€5,905 -62.3%
Suppliers 440/4 €9,476 €3,571 -€5,905 -62.3%
Other amounts payable 47/48 €1,457,086 €1,457,086 = 0.0%
Accrued charges and deferred income 492/3 €1,600 €0 -€1,600 -100.0%
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €61,602 €63,013 +€1,411 +2.3%
Other operating charges 640/8 €19,464 €11,011 -€8,453 -43.4%
Gross operating margin 9900 €60,420 €65,583 +€5,163 +8.5%
Operating profit (loss) 9901 -€20,646 -€8,440 +€12,205 +59.1%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €1,948 €1,321 -€626 -32.2%
Recurring financial charges 65 €1,948 €1,321 -€626 -32.2%
Profit (loss) for the period before taxes 9903 -€22,593 -€9,762 +€12,832 +56.8%
Income taxes 67/77 €0 - =
Profit (loss) for the period 9904 -€22,593 -€9,762 +€12,832 +56.8%
Profit (loss) for the period to be appropriated 9905 -€22,593 -€9,762 +€12,832 +56.8%

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.