DANTE: 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.
DANTE
Largest movements
- Cash -€47,285
down €47,285 (-36.5%), from €129,374 to €82,089
mainly Debts after one year (-€114,754) and Investment in fixed assets (net) (-€49,710)
- Tangible fixed assets -€13,755
down €13,755 (-3.2%), from €424,122 to €410,367
of which Land and buildings: -€35,743
- Debts after one year -€114,754
no longer reported in 2025 (was €114,754)
- Reserves +€70,002
up €70,002 (+21.0%), from €333,481 to €403,483
of which Distributable reserves: +€70,002
- Other debts -€18,611
down €18,611 (-59.2%), from €31,413 to €12,802
- Current portion of long-term debt -€15,328
no longer reported in 2025 (was €15,328)
- Tax, wage and social debts +€14,193
up €14,193 (+11.4%), from €124,336 to €138,529
of which Remuneration and social security: +€31,200
- Gross operating margin -€20,705
down €20,705 (-10.5%), from €197,882 to €177,177
- Taxes -€12,990
down €12,990 (-30.1%), from €43,179 to €30,188
- Depreciation +€6,486
up €6,486 (+11.4%), from €56,979 to €63,465
- Financial charges -€2,932
down €2,932 (-18.2%), from €16,069 to €13,137
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 | €630,419 | €572,593 | -€57,826 | -9.2% |
| Fixed assets | 21/28 | €424,122 | €410,367 | -€13,755 | -3.2% |
| Tangible fixed assets | 22/27 | €424,122 | €410,367 | -€13,755 | -3.2% |
| Land and buildings | 22 | €399,262 | €363,520 | -€35,743 | -9.0% |
| Plant, machinery and equipment | 23 | €41 | €0 | -€41 | -100.0% |
| Furniture and vehicles | 24 | €994 | €28,310 | +€27,316 | +2749.1% |
| Other tangible fixed assets | 26 | €23,825 | €18,538 | -€5,288 | -22.2% |
| Current assets | 29/58 | €206,297 | €162,226 | -€44,071 | -21.4% |
| Amounts receivable within one year | 40/41 | €75,317 | €76,706 | +€1,390 | +1.8% |
| Trade receivables | 40 | €316 | €406 | +€90 | +28.5% |
| Other amounts receivable | 41 | €75,001 | €76,300 | +€1,300 | +1.7% |
| Cash at bank and in hand | 54/58 | €129,374 | €82,089 | -€47,285 | -36.5% |
| Deferred charges and accrued income | 490/1 | €1,606 | €3,430 | +€1,824 | +113.6% |
| Total equity and liabilities | 10/49 | €630,419 | €572,593 | -€57,826 | -9.2% |
| Equity | 10/15 | €339,681 | €409,683 | +€70,002 | +20.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €333,481 | €403,483 | +€70,002 | +21.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €331,622 | €401,624 | +€70,002 | +21.1% |
| Amounts payable | 17/49 | €290,738 | €162,910 | -€127,828 | -44.0% |
| Amounts payable after more than one year | 17 | €114,754 | - | -€114,754 | |
| Financial debts | 170/4 | €114,754 | - | -€114,754 | |
| Amounts payable within one year | 42/48 | €175,983 | €162,910 | -€13,074 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €15,328 | - | -€15,328 | |
| Trade debts | 44 | €4,907 | €11,578 | +€6,672 | +136.0% |
| Suppliers | 440/4 | €4,907 | €11,578 | +€6,672 | +136.0% |
| Taxes, remuneration and social security | 45 | €124,336 | €138,529 | +€14,193 | +11.4% |
| Taxes | 450/3 | €93,136 | €76,129 | -€17,007 | -18.3% |
| Remuneration and social security | 454/9 | €31,200 | €62,400 | +€31,200 | +100.0% |
| Other amounts payable | 47/48 | €31,413 | €12,802 | -€18,611 | -59.2% |
| Non-recurring operating income | 76A | - | €12,305 | +€12,305 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,979 | €63,465 | +€6,486 | +11.4% |
| Other operating charges | 640/8 | €447 | €400 | -€47 | -10.6% |
| Gross operating margin | 9900 | €197,882 | €177,177 | -€20,705 | -10.5% |
| Operating profit (loss) | 9901 | €140,456 | €113,313 | -€27,144 | -19.3% |
| Financial income | 75/76B | €2 | €15 | +€13 | +534.3% |
| Recurring financial income | 75 | €2 | €15 | +€13 | +534.3% |
| Financial charges | 65/66B | €16,069 | €13,137 | -€2,932 | -18.2% |
| Recurring financial charges | 65 | €16,069 | €13,137 | -€2,932 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €124,390 | €100,190 | -€24,200 | -19.5% |
| Income taxes | 67/77 | €43,179 | €30,188 | -€12,990 | -30.1% |
| Profit (loss) for the period | 9904 | €81,211 | €70,002 | -€11,209 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,211 | €70,002 | -€11,209 | -13.8% |
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 3 October 2026 via checked.be.