DAOUD INVEST: 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.
DAOUD INVEST
Largest movements
- Cash -€64,901
down €64,901 (-67.6%), from €96,026 to €31,125
mainly Contributions, distributions and other (-€121,429) and Investment in fixed assets (net) (-€34,502)
- Receivables after one year +€31,953
new in 2025: €31,953
- Profit (loss) carried forward -€57,754
down €57,754 (-77.7%), from €74,305 to €16,550
- Tax, wage and social debts +€36,429
new in 2025: €36,429
- Gross operating margin +€21,484
up €21,484 (+22.4%), from €96,026 to €117,510
- Taxes +€18,576
new in 2025: €18,576
- Depreciation +€9,882
up €9,882 (+45.5%), from €21,721 to €31,603
- Other operating charges +€3,463
new in 2025: €3,463
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 | €874,305 | €852,979 | -€21,326 | -2.4% |
| Fixed assets | 21/28 | €778,279 | €781,177 | +€2,899 | +0.4% |
| Tangible fixed assets | 22/27 | €778,279 | €781,177 | +€2,899 | +0.4% |
| Land and buildings | 22 | €778,279 | €748,279 | -€30,000 | -3.9% |
| Plant, machinery and equipment | 23 | - | €30,853 | +€30,853 | |
| Furniture and vehicles | 24 | - | €2,046 | +€2,046 | |
| Current assets | 29/58 | €96,026 | €71,802 | -€24,224 | -25.2% |
| Amounts receivable after more than one year | 29 | - | €31,953 | +€31,953 | |
| Other amounts receivable | 291 | - | €31,953 | +€31,953 | |
| Amounts receivable within one year | 40/41 | - | €8,724 | +€8,724 | |
| Other amounts receivable | 41 | - | €8,724 | +€8,724 | |
| Cash at bank and in hand | 54/58 | €96,026 | €31,125 | -€64,901 | -67.6% |
| Total equity and liabilities | 10/49 | €874,305 | €852,979 | -€21,326 | -2.4% |
| Equity | 10/15 | €874,305 | €816,550 | -€57,754 | -6.6% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,305 | €16,550 | -€57,754 | -77.7% |
| Amounts payable | 17/49 | - | €36,429 | +€36,429 | |
| Amounts payable within one year | 42/48 | - | €36,429 | +€36,429 | |
| Taxes, remuneration and social security | 45 | - | €36,429 | +€36,429 | |
| Taxes | 450/3 | - | €36,429 | +€36,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,721 | €31,603 | +€9,882 | +45.5% |
| Other operating charges | 640/8 | - | €3,463 | +€3,463 | |
| Gross operating margin | 9900 | €96,026 | €117,510 | +€21,484 | +22.4% |
| Operating profit (loss) | 9901 | €74,305 | €82,444 | +€8,139 | +11.0% |
| Financial charges | 65/66B | - | €193 | +€193 | |
| Recurring financial charges | 65 | - | €193 | +€193 | |
| Profit (loss) for the period before taxes | 9903 | €74,305 | €82,250 | +€7,946 | +10.7% |
| Income taxes | 67/77 | - | €18,576 | +€18,576 | |
| Profit (loss) for the period | 9904 | €74,305 | €63,674 | -€10,631 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €74,305 | €63,674 | -€10,631 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.