DANSAERT: 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.
DANSAERT
Largest movements
- Cash +€787,860
up €787,860 (+92.4%), from €852,521 to €1.6m
mainly Net result for the year (+€1.3m) and Tax, wage and social debts (+€118,129)
- Receivables within one year +€647,989
up €647,989 (+269.4%), from €240,560 to €888,549
of which Other amounts receivable: +€554,523
- Deferred charges and accrued income -€77,851
down €77,851 (-62.7%), from €124,096 to €46,245
- Reserves +€1.3m
up €1.3m (+58.9%), from €2.2m to €3.5m
of which Distributable reserves: +€1.3m
- Tax, wage and social debts +€118,129
up €118,129 (+77.2%), from €152,957 to €271,086
of which Taxes: +€117,542
- Gross operating margin +€772,737
up €772,737 (+59.8%), from €1.3m to €2.1m
- Taxes +€271,452
up €271,452 (+81.9%), from €331,521 to €602,973
- Staff costs -€70,885
down €70,885 (-31.4%), from €225,452 to €154,567
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 | €2,536,526 | €3,931,870 | +€1.4m | +55.0% |
| Fixed assets | 21/28 | €126,390 | €131,345 | +€4,955 | +3.9% |
| Tangible fixed assets | 22/27 | €100,890 | €106,345 | +€5,455 | +5.4% |
| Land and buildings | 22 | €59,014 | €46,490 | -€12,524 | -21.2% |
| Plant, machinery and equipment | 23 | €12,226 | €16,022 | +€3,796 | +31.0% |
| Furniture and vehicles | 24 | €29,650 | €43,833 | +€14,183 | +47.8% |
| Financial fixed assets | 28 | €25,500 | €25,000 | -€500 | -2.0% |
| Current assets | 29/58 | €2,410,136 | €3,800,525 | +€1.4m | +57.7% |
| Amounts receivable after more than one year | 29 | €940,000 | €940,000 | = | 0.0% |
| Other amounts receivable | 291 | €940,000 | €940,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €252,959 | €285,350 | +€32,391 | +12.8% |
| Stocks | 30/36 | €252,959 | €285,350 | +€32,391 | +12.8% |
| Amounts receivable within one year | 40/41 | €240,560 | €888,549 | +€647,989 | +269.4% |
| Trade receivables | 40 | €169,026 | €262,492 | +€93,466 | +55.3% |
| Other amounts receivable | 41 | €71,534 | €626,057 | +€554,523 | +775.2% |
| Cash at bank and in hand | 54/58 | €852,521 | €1,640,381 | +€787,860 | +92.4% |
| Deferred charges and accrued income | 490/1 | €124,096 | €46,245 | -€77,851 | -62.7% |
| Total equity and liabilities | 10/49 | €2,536,526 | €3,931,870 | +€1.4m | +55.0% |
| Equity | 10/15 | €2,216,145 | €3,509,440 | +€1.3m | +58.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,197,553 | €3,490,848 | +€1.3m | +58.9% |
| Non-distributable reserves | 130/1 | €19,706 | €19,706 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,706 | €19,706 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,750 | €25,750 | = | 0.0% |
| Distributable reserves | 133 | €2,152,097 | €3,445,392 | +€1.3m | +60.1% |
| Amounts payable | 17/49 | €320,381 | €422,430 | +€102,049 | +31.9% |
| Amounts payable after more than one year | 17 | €6,730 | - | -€6,730 | |
| Financial debts | 170/4 | €6,730 | - | -€6,730 | |
| Amounts payable within one year | 42/48 | €311,118 | €422,421 | +€111,303 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €23,084 | €8,517 | -€14,567 | -63.1% |
| Trade debts | 44 | €134,867 | €142,788 | +€7,921 | +5.9% |
| Suppliers | 440/4 | €134,867 | €142,788 | +€7,921 | +5.9% |
| Taxes, remuneration and social security | 45 | €152,957 | €271,086 | +€118,129 | +77.2% |
| Taxes | 450/3 | €133,327 | €250,869 | +€117,542 | +88.2% |
| Remuneration and social security | 454/9 | €19,630 | €20,217 | +€587 | +3.0% |
| Other amounts payable | 47/48 | €210 | €30 | -€180 | -85.7% |
| Accrued charges and deferred income | 492/3 | €2,533 | €9 | -€2,524 | -99.6% |
| Remuneration, social security and pensions | 62 | €225,452 | €154,567 | -€70,885 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,382 | €34,856 | -€1,526 | -4.2% |
| Other operating charges | 640/8 | €12,287 | €10,383 | -€1,904 | -15.5% |
| Gross operating margin | 9900 | €1,291,130 | €2,063,867 | +€772,737 | +59.8% |
| Operating profit (loss) | 9901 | €1,017,009 | €1,864,061 | +€847,052 | +83.3% |
| Financial income | 75/76B | €34,440 | €33,159 | -€1,281 | -3.7% |
| Recurring financial income | 75 | €34,440 | €33,159 | -€1,281 | -3.7% |
| Financial charges | 65/66B | €1,374 | €952 | -€422 | -30.7% |
| Recurring financial charges | 65 | €1,374 | €952 | -€422 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €1,050,075 | €1,896,268 | +€846,193 | +80.6% |
| Income taxes | 67/77 | €331,521 | €602,973 | +€271,452 | +81.9% |
| Profit (loss) for the period | 9904 | €718,554 | €1,293,295 | +€574,741 | +80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €718,554 | €1,293,295 | +€574,741 | +80.0% |
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 3 October 2026 via checked.be.